MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0015824
Mmrfic Technology Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹23.44 Cr
▲ 53% YoY
Net profit · FY 2025
₹1.89 Cr
Net margin 8.1%
EBITDA · FY 2025
₹9.7 Cr
EBITDA margin 41.4%
Authorised capital
₹3.25 Cr
Registered with MCA
Paid-up capital
₹1.6 Cr
Issued & subscribed
Open charges
₹14.5 Cr
Satisfied ₹7.11 Cr
Company age
12 yrs
Est. 2014
Employees · EPFO
57
Provident fund records
About Mmrfic Technology Private Limited
Data last updated:
Mmrfic Technology Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 20 November 2014 and has been in existence for over 12 years.
Its director S Sekhar Vasan is #736 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2014PTC077359. Its GSTIN is 29AAJCM4840N1ZU (Karnataka).
The company has an authorised share capital of ₹3.25 Cr and a paid-up capital of ₹1.6 Cr. It is led by directors including Saravana Kumar Ganeshan and Ravi Commandur Vijayaraghavan.
Its last annual general meeting (AGM) was held on 16 July 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹23.44 Cr, a growth of 53% compared to the previous year. For the same year it recorded a net profit of ₹1.89 Cr (net margin 8.1%) and EBITDA of ₹9.7 Cr (EBITDA margin 41.4%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 58% over five years.
The company has about 57 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Mmrfic. As per MCA filings, the company has open charges of ₹14.5 Cr and satisfied charges of ₹7.11 Cr on record. The company has 8 deals on record (5 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in September 2022. Its 10 peer companies in the Information Technology industry (Electronic Equipment and Components Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is Entrywatch Technologies Private Limited with revenue of ₹20 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 2 micro and small suppliers.
Mmrfic Technology Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0015824). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mmrfic.com.
Company Details of Mmrfic Technology Private Limited
CIN U72200KA2014PTC077359
Registration Number 077359
Incorporation Date 20 November 2014
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 16 July 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0015824
Key People
Subramonia Sekhar Vasan Nominee Director Saravana Kumar Ganeshan Director Ravi Commandur Vijayaraghavan Director Recognitions & Rankings of Mmrfic Technology
India's Richest People 2026 edition · 1 director · Source: Hurun India
- #736 S Sekhar Vasan ₹4,300 Cr
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressMaruthi Oynx 1st Floor West Wing No. 12, Doddanekundi Industrial Area 2nd Phase, Bangalore, Karnataka, India – 560048
- IndustryInformation Technology, IT Consulting & Support Services
Comprehensive company report
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Associated Brands with Mmrfic Technology Private Limited
Mmrfic Technology operates one associated brand: MMRFIC. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of millimetre wave ICs for communication applications | mmrfic.com |
Business Activity of Mmrfic Technology Private Limited
The main business activity of Mmrfic Technology is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Mmrfic Technology Private Limited FY 2025 filings available
Mmrfic Technology Private Limited reported revenue of ₹23.44 Cr (up 53% YoY) for FY 2025.
Revenue · FY 2025
₹23.44 Cr ▲ 53%
Net profit · FY 2025
₹1.89 Cr margin 8.1%
EBITDA · FY 2025
₹9.7 Cr margin 41.4%
Compounded Annual Growth Rate (CAGR) of Mmrfic Technology Private Limited
Revenue CAGR growth
1 year
▲ 53%
3 years · compounded
▲ 47%
5 years · compounded
▲ 58%
EBITDA CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 111%
5 years · compounded
▲ 90%
Revenue has grown at a compounded annual rate (CAGR) of 58% over five years, including 53% growth in the latest year. EBITDA rose 12% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Mmrfic Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹9.7 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.89 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Mmrfic Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 41.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mmrfic Technology are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Mmrfic Technology Private Limited
Mmrfic Technology has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subramonia Sekhar Vasan Also directs: Sansera Engineering Limited, Nichidai Sansera Private Limited | Nominee Director | 18 Aug 2023 | 3 Years 2 Months | Current |
| Saravana Kumar Ganeshan Also directs: Vcreatech Labs Private Limited | Director | 20 Nov 2014 | 11 Years 11 Months | Current |
| Ravi Commandur Vijayaraghavan | Director | 04 May 2017 | 9 Years 5 Months | Current |
| Samir Purushottam Inamdar | Nominee Director | 18 Aug 2023 | 3 Years 2 Months | Current |
Peer Comparison of Mmrfic Technology Private Limited
Mmrfic Technology Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mmrfic Technology Private Limited this company | ₹23.44 Cr (FY 2025) | •••• | •••• | 53.0% | •••• | Bangalore, Karnataka, India |
| Entrywatch Technologies Private Limited | ₹20 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Acro Engineering Private Limited | ₹19.99 Cr (FY 2024) | •••• | •••• | -31.0% | •••• | New Delhi, Delhi, India |
| Abid Refrigeration & Engineering Private Limited | ₹19.96 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Nagpur, Maharashtra, India |
| Shree Kamdhenu Electronics Private Limited | ₹19.93 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Gujarat, India |
| Green Micro Electronics India Private Limited | ₹19.9 Cr (FY 2024) | •••• | •••• | 7.0% | •••• | Coimbatore, Tamil Nadu, India |
| GSB Textec Private Limited | ₹19.82 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Dombivli, Maharashtra, India |
| RF Genie Enterprises Private Limited | ₹19.76 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Delhi, India |
| Itg Software Engineering (India) Private Limited | ₹19.73 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Alif Semiconductor India Private Limited | ₹19.64 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Bangalore, Karnataka, India |
| Prime Racks Private Limited | ₹19.39 Cr (FY 2025) | •••• | •••• | 16.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Mmrfic Technology by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Mmrfic Technology Private Limited
Mmrfic Technology Private Limited is audited by KARUNYA & CO for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KARUNYA & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Mmrfic Technology Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Verified entity values are shown only after access is granted.
Charges & Borrowings of Mmrfic Technology Private Limited
Open charges
₹14.5 Cr
Satisfied charges
₹7.11 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Oct 2024 | Others | ₹10 Cr | Open |
| 26 Jun 2024 | Others | ₹4.5 Cr | Open |
| 02 Nov 2021 | Others | ₹4 Cr | Satisfied |
| 28 Aug 2020 | Others | ₹2.5 Cr | Satisfied |
| 31 Jan 2018 | Others | ₹61.3 Lakh | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of Mmrfic Technology Private Limited
Mmrfic Technology Private Limited has 8 deals on record (5 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in September 2022.
Total deals
8
Rights issues
5
Secondary share transfers
2
Funding round
1
Disclosed funding
₹1 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Funding round | ₹1 Cr | Investors: an individual |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| May 2020 | Rights issue | ₹1.18 Cr | Investors: 2 individuals |
| Jun 2019 | Rights issue | ₹1.5 Cr | Investors: 2 individuals Seller: an individual |
| Dec 2018 | Rights issue | ₹55 Lakh | Investors: an individual |
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Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
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Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
MSME Payment Delays by Mmrfic Technology Private Limited
Mmrfic Technology Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2024, listing 2 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Laksh Semiconductors Private Limited | •••• | •••• | •••• |
| N.K. RF Products & Services Private Limited | •••• | •••• | •••• |
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Full MSME payment history
Every supplier, amount and due date from all 1 MSME Form 1 returns is in the company report.
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Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Mmrfic Technology Private Limited
Mmrfic Technology Private Limited has a workforce of 57 employees as of Feb 11, 2026.
Employee count
57
Active EPFO establishments
1
Employee growth
7.55%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Group Structure of Mmrfic Technology Private Limited
Mmrfic Technology has 1 subsidiary company. This group structure data is as of FY 2025. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Vcreatech Labs Private Limited | U31100KA2022PTC161428 | Locked |
Showing major subsidiaries. Total: 1.
Recent Activity on Mmrfic Technology Private Limited
Mmrfic Technology Private Limited has 8 board changes on record since 2014: 4 appointments and 4 cessations. The latest: Samir Purushottam Inamdar was appointed as Nominee Director on 18 Aug 2023.
Charges
A charge with Others of Rs. 4.50 Cr registered on 26 Jun 2024 with Charge ID 100960599 was modified on 16 Sep 2025.
AGM
Mmrfic Technology Private Limited last Annual general meeting of members was held on 16 Jul 2025 as per latest MCA records.
Filing
Mmrfic Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101031928 was registered on 29 Oct 2024.
Charges
A charge registered on 02 Nov 2021 via Charge ID 100514816 with Others was fully satisfied on 31 Jul 2024.
Charges
A charge with Others amounted to Rs. 4.50 Cr with Charge ID 100960599 was registered on 26 Jun 2024.
Appointed
Samir Purushottam Inamdar was appointed as Nominee Director.
Appointed
Subramonia Sekhar Vasan was appointed as Nominee Director.
Charges
A charge registered on 28 Aug 2020 via Charge ID 100373891 with Others was fully satisfied on 24 Apr 2023.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100514816 was registered on 02 Nov 2021.
Ceased
Pradip Kumar Singh ceased to be Additional Director.
Charges
A charge registered on 31 Jan 2018 via Charge ID 100161462 with Others was fully satisfied on 20 Oct 2020.
8 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Mmrfic Technology Private Limited
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Credit ratings, litigation, and regulatory alerts
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Subsidiaries & Group Companies of Mmrfic Technology Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Mmrfic Technology Private Limited
Mmrfic Technology has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAJCM4840N1ZU | Karnataka | Active | 01 Jul 2017 |
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MCA Filings & Documents of Mmrfic Technology Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Related news about Mmrfic Technology Private Limited
Frequently Asked Questions about Mmrfic Technology Private Limited
Mmrfic Technology is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 20 November 2014 (12+ years old) and is registered under CIN U72200KA2014PTC077359.
Mmrfic Technology reported revenue of ₹23.44 Cr for FY 2025 (up 53% YoY).
Mmrfic Technology has 4 current directors:
- Subramonia Sekhar Vasan - Nominee Director
- Saravana Kumar Ganeshan - Director
- Ravi Commandur Vijayaraghavan - Director
- Samir Purushottam Inamdar - Nominee Director
Mmrfic Technology reported a net profit of ₹1.89 Cr (net margin 8.1%) and EBITDA of ₹9.7 Cr (EBITDA margin 41.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mmrfic Technology is 47% over three years and 58% over five years. In the latest year (FY 2025) revenue rose 53%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mmrfic Technology is 29AAJCM4840N1ZU, registered in Karnataka.
The CIN (Corporate Identification Number) of Mmrfic Technology is U72200KA2014PTC077359. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mmrfic Technology was incorporated on 20 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
Mmrfic Technology has 8 deals on record (5 rights issues, 2 secondary share transfers, 1 funding round), with disclosed funding of ₹1 Cr; the latest was in September 2022.
The peers of Mmrfic Technology by revenue are Entrywatch Technologies Private Limited, Acro Engineering Private Limited, Abid Refrigeration & Engineering Private Limited, Shree Kamdhenu Electronics Private Limited, Green Micro Electronics India Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Samir Purushottam Inamdar was appointed as Nominee Director on 18 Aug 2023. Subramonia Sekhar Vasan was appointed as Nominee Director on 18 Aug 2023. Pradip Kumar Singh ceased to be Additional Director on 30 Dec 2020. Mmrfic Technology has 8 board changes on record in total.
Yes, Mmrfic Technology is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0015824).