About Monarch Info Tech Services Private Limited
Data last updated:
Monarch Info Tech Services Private Limited was a private limited company based in Kanchipuram, Tamil Nadu, India, operated as a subsidiary of Guru Gowri Krupa Technologies Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 14 July 2000.
The company was registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2000PTC165208. Its GSTIN is 36AAECM2367H1ZF (Telangana). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹60 Lakh and a paid-up capital of ₹7.82 Lakh. It was led by directors including Rajiv Sardana and Sunita Thakur.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Kanchipuram, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹22.5 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹15.44 Lakh (net margin 0.7%) and EBITDA of ₹3.01 Cr (EBITDA margin 13.4%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 10% over five years.
The company had about 139 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: MITS. As per MCA filings, the company had satisfied charges of ₹24.92 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
The last known website on record is mitsind.com.
Company details
CIN history
Monarch Info Tech Services has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U72200TN2000PTC165208, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TN2000PTC165208 | Current |
| U72200TG2000PTC034927 | Previous |
| U72200AP2000PTC034927 | Previous |
Contact details
Monarch Info Tech Services Private Limited's registered office is in Kanchipuram, Tamil Nadu. Its website is mitsind.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPurva Primus 12th Floor, No 236 Okhiyampettai Old Mahabalipuram Road Thoraipakkam Chennai, Kanchipuram, Tamil Nadu, India – 600097
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Monarch Info Tech Services Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Monarch Info Tech Services operates one associated brand: MITS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| ECM and BPM digital services are provided for organizations. | mitsind.com |
Business activity
The main business activity of Monarch Info Tech Services is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Monarch Info Tech Services Private Limited, buy the company report.
Financials of Monarch Info Tech Services Private Limited
FY 2024 filings availableMonarch Info Tech Services Private Limited reported revenue of ₹22.5 Cr (down 46% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 46% fall in the latest year. EBITDA rose 747% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.01 Cr | ||||
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| Net Profit (PAT) | ₹15.44 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.4% | ||||
| Net Profit Margin | 0.7% | ||||
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To see the full financial statements and ratios of Monarch Info Tech Services Private Limited, buy the company report.
Board of directors of Monarch Info Tech Services Private Limited
Monarch Info Tech Services has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajiv Sardana Also directs: Hiregenics India LLP, Volt Information Sciences Consulting Private Limited, PV Softech Private Limited and 1 more | Director | 27 Mar 2021 | 5 Years 6 Months | As last reported |
| Sunita Thakur | Director | 16 Aug 2022 | 4 Years 2 Months | As last reported |
| Mohd Soheb Alam | Director | 16 Aug 2022 | 4 Years 2 Months | As last reported |
Peer comparison
Monarch Info Tech Services Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| 247Hire India Private Limited | ₹22.52 Cr (FY 2025) | -15.0% | Hyderabad, Telangana, India | |||
| Testlabs IT Solutions Private Limited | ₹22.5 Cr (FY 2019) | 8.0% | Bengaluru, Karnataka, India | |||
| Monarch Info Tech Services Private Limitedthis company | ₹22.5 Cr (FY 2024) | ₹15.44 Lakh | 0.7% | -46.0% | 139 | Kanchipuram, Tamil Nadu, India |
| Motorola Solutions Dynamic Digital Technology Private Limited | ₹22.46 Cr (FY 2025) | -27.0% | Kolkata, West Bengal, India | |||
| Perint Infosystems India Private Limited | ₹22.44 Cr (FY 2025) | -16.0% | Pune, Maharashtra, India |
To see the full peer comparison of Monarch Info Tech Services Private Limited, buy the company report.
Auditor
Monarch Info Tech Services Private Limited is audited by Ghosh Khanna & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Ghosh Khanna & Co. LLP | FY 2023 | 003366N/N500362 |
Shareholding
The shareholding of Monarch Info Tech Services Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Monarch Info Tech Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Aug 2019 | 100285735 | Axis Bank Limited | ₹35 Lakh | Satisfied | |
| 03 Jul 2018 | 100193196 | Yes Bank Limited | ₹66.9 Lakh | Satisfied | |
| 26 Aug 2017 | 100134891 | Others | ₹10.16 Cr | Satisfied | |
| 21 Sep 2016 | 100062598 | Others | ₹1.5 Cr | Satisfied | |
| 23 Jan 2014 | 10477954 | Corporation Bank | ₹7.5 Lakh | Satisfied |
To see the full charge records of Monarch Info Tech Services Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Monarch Info Tech Services Private Limited has 1 court case on record: 1 filed by Monarch Info Tech Services. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Chennai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Monarch Info Tech Services Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Monarch Info Tech Services Private Limited was last rated by Crisil on 16 Mar 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 16 Mar 2020 |
To see the full credit ratings and regulatory alerts of Monarch Info Tech Services Private Limited, buy the company report.
MSME payment delays
Monarch Info Tech Services Private Limited has 7 MSME Form 1 returns on record between 2022 and 2023, listing 30 overdue payments to 3 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 (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Magnit Global India Private Limited | |||
| Truviq Systems Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Monarch Info Tech Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Monarch Info Tech Services Private Limited has a workforce of 139 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Monarch Info Tech Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 36AAECM2367H1ZF | Telangana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Monarch Info Tech Services Private Limited, buy the company report.
Recent activity
Monarch Info Tech Services Private Limited has 18 board changes on record since 2008: 3 appointments and 15 cessations. The latest: Mohd Soheb Alam ceased to be Additional Director on 30 Sep 2022.
26 earlier events are in the company report.
Frequently asked questions
Monarch Info Tech Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Monarch Info Tech Services was a private limited company based in Kanchipuram, Tamil Nadu, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 14 July 2000 and is registered under CIN U72200TN2000PTC165208. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Monarch Info Tech Services was incorporated on 14 July 2000. It is registered with the Registrar of Companies, Chennai.
Monarch Info Tech Services had 3 directors:
- Rajiv Sardana - Director
- Sunita Thakur - Director
- Mohd Soheb Alam - Director
The CIN (Corporate Identification Number) of Monarch Info Tech Services is U72200TN2000PTC165208. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Monarch Info Tech Services is at Purva Primus 12th Floor, No 236 Okhiyampettai Old Mahabalipuram Road Thoraipakkam Chennai, Kanchipuram, Tamil Nadu, India – 600097.
Monarch Info Tech Services can be reached through the website mitsind.com. Its registered office is in Kanchipuram, Tamil Nadu, India.
The latest financial statements of Monarch Info Tech Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Monarch Info Tech Services is 36AAECM2367H1ZF, registered in Telangana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Monarch Info Tech Services operated in the information technology industry, in the IT consulting and support services segment.
The peers of Monarch Info Tech Services by revenue are 247Hire India Private Limited, Testlabs IT Solutions Private Limited, Motorola Solutions Dynamic Digital Technology Private Limited, Perint Infosystems India Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Monarch Info Tech Services has 7 MSME Form 1 returns on record between 2022 and 2023, listing 30 overdue payments to 3 micro and small suppliers. The latest return was filed on 19 Dec 2023.