Mtap Technologies Private Limited

Mtap Technologies Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72900TN2013PTC089299 Incorporated 08 January 2013 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹15.83 Cr
▲ 25% YoY
Net profit · FY 2024
₹29.33 Lakh
Net margin 1.9%
EBITDA · FY 2024
₹98.7 Lakh
EBITDA margin 6.2%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹2.61 Cr
Issued & subscribed
Satisfied charges
₹1.5 Cr
No open charges
Company age
13 yrs
Est. 2013
Employees · EPFO
128
Provident fund records

About Mtap Technologies Private Limited

Data last updated:

Mtap Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the SAAS (software as a service) providers segment of the technology and IT services sector. It was incorporated on 08 January 2013 and has been in existence for over 13 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2013PTC089299. Its GSTIN is 33AAECV4651P1ZW (Tamil Nadu). The company holds 6 GST registrations, all of them active.

The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.61 Cr. It was formerly known as Vidura Technologies Private Limited. It is led by directors including Chitturi Srinivas and Satvir Singh Kohli.

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 Ambit IT Park No.32 A & B Second Main Road Ambattur Industrial Estate, Chennai, Tamil Nadu, India – 600058.

As per the financials filed for FY 2024, the company reported a revenue of ₹15.83 Cr, a growth of 25% compared to the previous year. For the same year it recorded a net profit of ₹29.33 Lakh (net margin 1.9%) and EBITDA of ₹98.7 Lakh (EBITDA margin 6.2%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 12% over five years.

The company has about 128 employees on its provident fund (EPFO) records.

The company is associated with 3 brands: Autologix, Safetrax and MTAP. As per MCA filings, the company has satisfied charges of ₹1.5 Cr on record. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹5.22 Cr; the latest was in March 2019.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mtap.in.

Company Details of Mtap Technologies Private Limited
CIN U72900TN2013PTC089299
Registration Number 089299
Incorporation Date 08 January 2013
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    Ambit IT Park No.32 A & B Second Main Road Ambattur Industrial Estate, Chennai, Tamil Nadu, India – 600058
  • Industry
    Information Technology, SaaS (Software as a Service) Providers
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Financials, compliance, directors, charges, ownership and filings for Mtap Technologies Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Financials of Mtap Technologies Private Limited FY 2024 filings available

Mtap Technologies Private Limited reported revenue of ₹15.83 Cr (up 25% YoY) for FY 2024.

Revenue · FY 2024
₹15.83 Cr ▲ 25%
Net profit · FY 2024
₹29.33 Lakh margin 1.9%
EBITDA · FY 2024
₹98.7 Lakh margin 6.2%

Compounded Annual Growth Rate (CAGR) of Mtap Technologies Private Limited

Revenue CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 33%
5 years · compounded
▲ 12%
EBITDA CAGR growth
1 year
▼ 77%

Revenue has grown at a compounded annual rate (CAGR) of 12% over five years, including 25% growth in the latest year. EBITDA fell 77% 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 Mtap Technologies Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹15.83 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹98.7 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹29.33 Lakh••••••••••••••••
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 Mtap Technologies Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.2%••••••••••••••••
Net Profit Margin1.9%••••••••••••••••
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 Mtap Technologies 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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Auditor Details of Mtap Technologies Private Limited

Mtap Technologies Private Limited is audited by Ganesh Venkat & Co. for the financial year 2024.

NameStatusAppointment DateCessation Date
Ganesh Venkat & Co.LockedLockedLocked
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Board of Directors of Mtap Technologies Private Limited

Mtap Technologies has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Chitturi SrinivasDirector22 Jan 20188 Years 8 MonthsCurrent
Satvir Singh KohliDirector07 Dec 20205 Years 10 MonthsCurrent
Krishnakumar SruthiDirector10 Mar 20251 Years 6 MonthsCurrent

Ownership and Shareholding of Mtap Technologies Private Limited

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Charges & Borrowings of Mtap Technologies Private Limited

Open charges
None
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹1.50 Cr
Latest charge details
DateLenderAmountStatus
27 Jun 2016Hdfc Bank Limited₹1.5 CrSatisfied

Total charge records: 1 View all charges

Deals & Funding of Mtap Technologies Private Limited

Mtap Technologies Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹5.22 Cr; the latest was in March 2019.

Total deals
6
Funding rounds
3
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹5.22 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Mar 2019Rights issue₹2.4 CrInvestors: Iopex Technologies Private Limited , India South Hotels Private Limited , 2 individuals
Mar 2019Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Sep 2018Secondary share transferUndisclosedBuyer: Iopex Technologies Private Limited , 3 individuals
Seller: Baghirathi Connected & Shared Mobility India Private Limited , 2 individuals
Jul 2017Funding round₹1 CrInvestors: Baghirathi Connected & Shared Mobility India Private Limited
Oct 2016Funding round₹2.2 CrInvestors: Iopex Technologies Private Limited , Vibgyor Consultants Pte Ltd, Tyagesa Advisory Services Private Limited , an individual
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Associated Brands with Mtap Technologies Private Limited

Mtap Technologies operates multiple associated brands including Autologix, Safetrax, and MTAP. Each brand links to its own profile.

BrandDescriptionWebsite
Software platform for cab booking, management, payments, tracking, and operational efficiency.autologix.io
Platform offering employee transport automation and employee benefit solutionssafetrax.in
End-to-end fleet management solutions are delivered via cloud-driven sensors.mtap.in

Employees and EPFO Compliance at Mtap Technologies Private Limited

Mtap Technologies Private Limited has a workforce of 128 employees as of Jul 30, 2025.

Employee count
128
Active EPFO establishments
1
Employee growth
23.08%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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News related to Mtap Technologies Private Limited

Recent Activity on Mtap Technologies Private Limited

Mtap Technologies Private Limited has 8 board changes on record since 2018: 3 appointments and 5 cessations. The latest: Krishnakumar Sruthi ceased to be Additional Director on 29 Sep 2025.

Ceased
Krishnakumar Sruthi ceased to be Additional Director.
Ceased
Ramani Shivkumar ceased to be Director.
Appointed
Krishnakumar Sruthi was appointed as Director.
AGM
Mtap Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Mtap Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge registered on 27 Jun 2016 via Charge ID 100044732 with Hdfc Bank Limited was fully satisfied on 16 Feb 2021.
Appointed
Satvir Singh Kohli was appointed as Director.
Ceased
Anandakrishnan Gopalarathnam ceased to be Director.
Charges
A charge with Hdfc Bank Limited of Rs. 1.50 Cr registered on 27 Jun 2016 with Charge ID 100044732 was modified on 05 Aug 2019.
Ceased
Chitturi Srinivas ceased to be Additional Director.
Ceased
Krishnan Rangi ceased to be Additional Director.
Appointed
Chitturi Srinivas was appointed as Director.

2 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Mtap Technologies Private Limited

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MSME Payment Delays by Mtap Technologies Private Limited

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Subsidiaries & Group Companies of Mtap Technologies Private Limited

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GST Compliance of Mtap Technologies Private Limited

Mtap Technologies has 6 GST registrations: 6 active. The first 4 active GSTINs are listed below.

Total GSTINs
6
Active
6
GSTINStateStatusRegistered on
33AAECV4651P1ZWTamil NaduActive01 Jul 2017
33AAECV4651P2ZVTamil NaduActive01 Apr 2025
29AAECV4651P1ZLKarnatakaActive29 Jul 2017
06AAECV4651P1ZTHaryanaActive05 Dec 2017
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MCA Filings & Documents of Mtap Technologies Private Limited

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Frequently Asked Questions about Mtap Technologies Private Limited

Mtap Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in saas (software as a service) providers, within the information technology industry. It was incorporated on 08 January 2013 (13+ years old) and is registered under CIN U72900TN2013PTC089299.

Mtap Technologies reported revenue of ₹15.83 Cr for FY 2024 (up 25% YoY).

Mtap Technologies has 3 current directors:

Mtap Technologies reported a net profit of ₹29.33 Lakh (net margin 1.9%) and EBITDA of ₹98.7 Lakh (EBITDA margin 6.2%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Mtap Technologies is 33% over three years and 12% over five years. In the latest year (FY 2024) revenue rose 25%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Mtap Technologies is 33AAECV4651P1ZW, registered in Tamil Nadu. The company has 6 GST registrations in all, of which 6 are active. Other active GSTINs include 33AAECV4651P2ZV (Tamil Nadu), 29AAECV4651P1ZL (Karnataka), 06AAECV4651P1ZT (Haryana).

The CIN (Corporate Identification Number) of Mtap Technologies is U72900TN2013PTC089299. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Mtap Technologies was incorporated on 08 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Chennai.

Mtap Technologies has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹5.22 Cr; the latest was in March 2019.

Krishnakumar Sruthi ceased to be Additional Director on 29 Sep 2025. Ramani Shivkumar ceased to be Director on 19 Mar 2025. Krishnakumar Sruthi was appointed as Director on 10 Mar 2025. Mtap Technologies has 8 board changes on record in total.

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