Promoter holding
64.27%
ME
Mic Electronics Limited - Due diligence report
A 360° intelligence report on Mic Electronics: trust score, financial health, credit view, compliance, directors, growth and distress signal…
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Mic Electronics — 360° Intelligence Report
Generated from MCA filings & public records63/100
Trust Score
Moderate
Mic Electronics is assessed as Moderate with a Trust Score of 63/100. Mic Electronics is an active public limited indian non-government company incorporated in 1988, operating in the Information Technology sector. The company has shown revenue growth across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and low financial risk profile.
Report generated on 04 Jul 2026 from the latest processed filings. Mic Electronics Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreModerate
63/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
50/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
80/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreModerate
65/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreCaution Indicated
30/100
Board strength, DIN status, churn and network.
Growth ScoreLow Risk
80/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
55/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Consolidated · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 65/100 Moderate
- Liabilities ≈ 38% EBITDA - stretched.
- Moderate gearing (D/E 1.42).
- Working-capital cover adequate.
- Profitable - internal accruals available.
Charges position: 5 open (56.78 cr) · 38 satisfied (377.15 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| Andhra Bank | 3 | 48.0 cr |
| State Bank Of India | 5 | 48.0 cr |
| Others | 8 | 48.0 cr |
| Canara Bank | 1 | 48.0 cr |
| Development Credit Bank Limited | 3 | 48.0 cr |
| Uco Bank | 4 | 48.0 cr |
Compliance Score: 50/100 Moderate
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Flagged by authority: BSE, MSEI, BANKS.
- Litigation present in 4 court forum(s).
- 3 active GST registration(s).
Legal cases on record (4)
05
Director Intelligence
Stability score: 30/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| SADASIVAN MURALIKRISHNAN MADURAI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| DEEPAYAN MOHANTY | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| LAKSHMI SOWJANYA ALLA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| LAKSHMI SOWJANYA ALLA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| PENUMAKA VENKATA RAMESH | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| MURALIKRISHNAN SADASIVAM MADURAI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SIVANAND SWAMY MITIKIRI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| KAUSHIK YALAMANCHILI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAKSHIT MATHUR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| UPADHYAYULA KARUNA GAYATHRI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SIVA KAKARALA LAKSHMANARAO | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SRINIVAS RAO KOLLI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| RAVINDER REDDY SURUKANTI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Sadasivan Muralikrishnan Madurai | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Rakshit Mathur | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 15 directors on the board.
- SADASIVAN MURALIKRISHNAN MADURAI has DIN status "Deactivated due to non-filing of DIR-3 KYC".
- 7 director exits in 3 years - high churn.
Director & KMP remuneration (FY 2023)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2023 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
1
Group entities
1
Capital events
8 allotment(s) · 0 transfer(s)
Promoters hold a majority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Bikewo Green Tech Private Limited | Subsidiary Company | 74.00% |
Key managerial personnel: SADASIVAN MURALIKRISHNAN MADURAI (CFO) · MURALIKRISHNAN SADASIVAM MADURAI (CFO) · SIVANAND SWAMY MITIKIRI (Whole-time director) · KAUSHIK YALAMANCHILI (Managing Director) · RAKSHIT MATHUR (CEO)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 80 · Distress 55
Growth signals & trust indicators
Revenue acceleration: +2.1x over 4 year(s).
Asset base grew 24% - capacity expansion.
EPFO headcount growing - hiring signal.
Operating for 38+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Outside liabilities up 0.86 in a year.
4 director exits within 2 years.
Compliance score is weak (50/100).
5 open charge(s) registered - assets are encumbered.
4 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence55/100
Review suggested
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- 3 distress signal(s) - see Risk Center.
- Financial filings available for verification.
Banker assessment66/100
Mixed indicators - deeper appraisal suggested
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- 5 open charge(s) of 56.78 cr already registered.
- Compliance gaps should be priced into terms.
Investor view76/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 3 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management churn warrants questions.
09
MCA Filings & Events Timeline
Latest 15 events29 Sep 2025
Charge created
Others - 1.65 cr
Last AGM held
Annual general meeting
28 Sep 2025
Director ceased
RAVINDER REDDY SURUKANTI
01 Sep 2025
Director appointed
RAVINDER REDDY SURUKANTI (Director)
01 Jul 2025
Charge satisfied
Others
22 Apr 2025
Charge satisfied
Others
31 Mar 2025
Latest balance sheet
Filed with ROC
28 Mar 2025
Charge created
Others - 1.65 cr
08 Jan 2025
Director ceased
PENUMAKA VENKATA RAMESH
04 Jan 2025
Charge satisfied
State Bank Of India
27 Dec 2024
Charge created
Others - 1.65 cr
15 Oct 2024
Director appointed
PENUMAKA VENKATA RAMESH (Director)
26 Aug 2024
Director ceased
DEEPAYAN MOHANTY
10 Aug 2024
Director appointed
DEEPAYAN MOHANTY (Director)
09 Aug 2024
Director appointed
Rakshit Mathur (Ceo)
10
Key Observations
Auto-generated from the data aboveRevenue grew 61% over the last 4 financial year(s).
Net profit margin moved from 38% to 1.42.
Debt-to-equity stands at 2.1x - manageable leverage.
Net worth is positive.
15 active director(s) / partner(s); review board churn before relying on management continuity.
3 active GST registration(s) indicate ongoing business operations.
Operates a group structure with 1 subsidiary(ies) - assess on a consolidated basis.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 8 security allotment(s) - amounts available in the full report.
6 overseas direct investment(s) (ODI) on record - international footprint.
| Company | CIN | Location |
|---|---|---|
| Magnesco Electrical Stamping Private Limited | U31100WB2008PTC124656 | Howrah, West Bengal, India |
| Novomech Engineers Private Limited | U31909UP2021PTC144843 | Ghaziabad, Uttar Pradesh, India |
| Hind Elevators | U29253UP2011PTC045712 | Allahabad, Uttar Pradesh, India |
| Sohum Autogas Systems Private Limited | U23200PN2005PTC172579 | Pune, Maharashtra, India |
| Jamshedpur Auto Component Private Limited | U34300JH2006PTC012367 | Jamshedpur, Jharkhand, India |
| Pulsar Enterprises Private Limited | U28910MH1997PTC109302 | Mumbai, Maharashtra, India |
| Optol Technologies Private Limited | U40300MH2012PTC235593 | Mumbai, Maharashtra, India |
| Kat Controls Private Limited | U31909PN1990PTC056833 | Pune, Maharashtra, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Mic Electronics before audits and certifications: compliance score 50/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Mic Electronics: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Mixed indicators - deeper appraisal suggested. Credit risk score 65/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 80/100, margin trends, ownership structure and peer set for Mic Electronics - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Review suggested. Trust score 63/100, distress signals and MSME payment-delay disclosures - know whether Mic Electronics pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (4 case(s) on record), regulatory flags, charge documents trail and director networks for Mic Electronics - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Mic Electronics an active company?
Mic Electronics has MCA status “Active” with a compliance score of 50/100 (Moderate).
Is Mic Electronics financially healthy?
Mic Electronics has a Financial Health Score of 80/100 (Low Risk) based on its filed financial statements.
Should I do business with Mic Electronics?
Its overall Trust Score is 63/100 (Moderate). Vendor verdict: Review suggested. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Mic Electronics?
Promoters hold a majority stake - exact percentages are in the full report. 15 active director(s) are on record.
Does Mic Electronics have loans or charges against its assets?
5 open charge(s) are registered against its assets, and 38 earlier charge(s) stand satisfied.
Is Mic Electronics up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 50/100 (Moderate).
Is it risky to lend to Mic Electronics?
Its Credit Risk Score is 65/100 (Moderate). Banker verdict: Mixed indicators - deeper appraisal suggested.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
