About MPP Technologies Private Limited
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MPP Technologies Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 08 August 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31909KA1997PTC022626. Its GSTIN is 29AABCM8851H1Z4 (Karnataka).
The company has an authorised share capital of ₹27 Cr and a paid-up capital of ₹25.2 Cr. It is led by directors including Mohandas Dejoo Shetty (Managing Director) and Hannah Mohandas Shetty (Whole-Time Director).
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 is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹588.34 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹111.91 Cr (net margin 19%) and EBITDA of ₹178.28 Cr (EBITDA margin 30.3%). Revenue has grown at a compounded annual rate (CAGR) of 21% over five years.
The company has about 387 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹49.8 Cr and satisfied charges of ₹52.04 Cr on record. Court records list 169 cases involving the company, including 82 filed by the company and 87 filed against it; 15 cases are pending. The company has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹29.81 Cr; the latest was in July 2022. The company has 11 MSME Form 1 returns on record between 2019 and 2023, listing 1,922 overdue payments to 89 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mpptechnologies.com.
Company details
Contact details
MPP Technologies Private Limited's registered office is in Bangalore, Karnataka. Its website is mpptechnologies.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address487 C 4th Phase 14th Crosspeenya Industrial Area Bangalo, Re, Bangalore, Karnataka, India – 560058
- IndustryMetals and Minerals, Metal Manufacturing & Processing
To see the full contact details of MPP Technologies 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
Business activity
The main business activity of MPP Technologies is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of MPP Technologies Private Limited, buy the company report.
Financials of MPP Technologies Private Limited
FY 2024 filings availableMPP Technologies Private Limited reported revenue of ₹588.34 Cr (up 26% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 26% growth in the latest year. EBITDA rose 48% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹178.28 Cr | ||||
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| Net Profit (PAT) | ₹111.91 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 30.3% | ||||
| Net Profit Margin | 19% | ||||
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To see the full financial statements and ratios of MPP Technologies Private Limited, buy the company report.
Board of directors of MPP Technologies Private Limited
MPP Technologies has 7 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hannah Mohandas Shetty | Whole-Time Director | 08 Aug 1997 | 29 Years 2 Months | Current |
| Malleshaiah Devarajaiah | Whole-Time Director | 31 Mar 1998 | 28 Years 6 Months | Current |
| Vishwanatha | Whole-Time Director | 28 Mar 2024 | 2 Years 6 Months | Current |
| Mohandas Dejoo Shetty | Managing Director | 08 Aug 1997 | 29 Years 2 Months | Current |
| Madhur Sreenidhi Adiga | Whole-Time Director | 25 May 2022 | 4 Years 5 Months | Current |
| Lalanke Gopalakrishna Rao Satish | Whole-Time Director | 25 May 2022 | 4 Years 5 Months | Current |
Auditor
MPP Technologies Private Limited is audited by B K Ramadhyani & Co.LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B K Ramadhyani & Co.LLP | FY 2023 | 002878S / S200021 |
Shareholding
The shareholding of MPP Technologies 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 MPP Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2024 | 100893314 | The Hongkong and Shanghai Banking Corporation Limited | ₹5 Cr | Open | |
| 29 Aug 2017 | 100136140 | Citi Bank N.A. | ₹15 Cr | Open | |
| 18 Feb 1998 | 80016225 | State Bank of India | ₹29.8 Cr | Open | |
| 25 Aug 2021 | 100481851 | The Hongkong and Shanghai Banking Corporation Limited | ₹15 Cr | Satisfied | |
| 28 Jun 2018 | 100189887 | The Hongkong and Shanghai Banking Corporation Limited | ₹35 Cr | Satisfied |
To see the full charge records of MPP Technologies Private Limited, buy the company report.
Total charge records: 11 View all charges
Deals & funding
MPP Technologies Private Limited has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹29.81 Cr; the latest was in July 2022.
Deals on record (5 of 11)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Funding round | ₹6.5 Cr | Investors: Powerequip Marketing Private Limited |
| Oct 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: TTP Technologies Private Limited |
To see the full deal history of MPP Technologies Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
MPP Technologies Private Limited has 169 court cases on record: 82 filed by MPP Technologies, 87 filed against it. 15 cases are pending and 154 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 86 | 47 | 4 |
| District courts | 83 | 40 | 11 |
Cases on record (5 of 169)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Igi Corporation Private Limited and 1 other | Pending |
| High Court of Karnataka | Writ petition | Filed against the company by M/S TTP Technologies Pvt Ltd | Pending |
| High Court, KARNATAKA | Interim or miscellaneous application | Filed by the company against Bharat Heavy Electricals Limited | Disposed |
| District court, BENGALURU, Karnataka | Appeal | Filed by the company against M/S Phase Electrics Rep by Ceo | Pending |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed by the company against an individual | Pending |
To see the full case history of MPP Technologies 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
MPP Technologies Private Limited was last rated by Icra on 03 Aug 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 03 Aug 2021 |
To see the full credit ratings and regulatory alerts of MPP Technologies Private Limited, buy the company report.
MSME payment delays
MPP Technologies Private Limited has 11 MSME Form 1 returns on record between 2019 and 2023, listing 1,922 overdue payments to 89 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 (5 of 89)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Fortifori Plastics Private Limited | |||
| an individual supplier | |||
| Copper Metal Corporation. | |||
| Dirak (India) Panel Fittings Private Limited | |||
| Standard Screws Industries. |
To see the full MSME payment records of MPP Technologies Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
MPP Technologies Private Limited has a workforce of 387 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
MPP Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCM8851H1Z4 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of MPP Technologies Private Limited, buy the company report.
Recent activity
MPP Technologies Private Limited has 17 board changes on record since 1997: 7 appointments and 10 cessations. The latest: Vishwanatha ceased to be Additional Director on 29 Sep 2024.
32 earlier events are in the company report.
Frequently asked questions
MPP Technologies is an active private limited company based in Bangalore, Karnataka, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 08 August 1997 (29+ years old) and is registered under CIN U31909KA1997PTC022626.
MPP Technologies has 7 current directors:
- Mohandas Dejoo Shetty - Managing Director
- Hannah Mohandas Shetty - Whole-Time Director
- Malleshaiah Devarajaiah - Whole-Time Director
- Vishwanatha - Whole-Time Director
- Madhur Sreenidhi Adiga - Whole-Time Director
- Lalanke Gopalakrishna Rao Satish - Whole-Time Director
- Mari Srinivasa - Whole-Time Director
The latest financial statements of MPP Technologies 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 MPP Technologies is 29AABCM8851H1Z4, registered in Karnataka.
The CIN (Corporate Identification Number) of MPP Technologies is U31909KA1997PTC022626. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MPP Technologies has 169 court cases on record: 82 filed by the company and 87 filed against it. 15 are pending. Most are in the high courts.
MPP Technologies was incorporated on 08 August 1997, making it 29+ years old. It is registered with the Registrar of Companies, Bangalore.
MPP Technologies has 11 deals on record (6 secondary share transfers, 5 funding rounds), with disclosed funding of ₹29.81 Cr; the latest was in July 2022.
Vishwanatha ceased to be Additional Director on 29 Sep 2024. Malleshaiah Devarajaiah ceased to be Director on 31 Aug 2024. Hannah Mohandas Shetty ceased to be Director on 31 Mar 2024. MPP Technologies has 17 board changes on record in total.
MPP Technologies has 11 MSME Form 1 returns on record between 2019 and 2023, listing 1,922 overdue payments to 89 micro and small suppliers. The latest return was filed on 05 Nov 2023.
MPP Technologies can be reached through the website mpptechnologies.com. Its registered office is in Bangalore, Karnataka, India.