Abaca Systems Private Limited

Provides software development and IT consultancy services since 2010.

2010 | Chandigarh (India) | Active
Last Updated: December 30, 2024

Abaca Systems Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 14 Year, 9 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 4.00 M
  • Revenue Growth 72.78%
  • Profit Growth 215.83%
  • Ebitda 151.21%
  • Net Worth 146.48%
  • Total Assets 111.83%

About Abaca Systems

Abaca Systems Private Limited (ASPL) is a Private Limited Indian Non-Government Company incorporated in India on 08 April 2010 and has a history of 14 years and nine months. Its registered office is in Chandigarh, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹4.00 M.

Sunil Dhawan and Japna Chadha serve as directors at the Company.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900CH2010PTC032141

  • Company No.

    032141

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Apr 2010

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Information Technology

Who are the key members and board of directors at Abaca Systems?

Board Members (2)

Name Designation Appointment Date Status
Sunil Dhawan Country flag representing In Director 08-Apr-2010 Current
Japna Chadha Country flag representing In Director 08-Apr-2010 Current

Financial Performance of Abaca Systems.

Abaca Systems Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 72.78% increase. The company also saw a substantial improvement in profitability, with a 215.83% increase in profit. The company's net worth Soared by an impressive increase of 146.48%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
72.78%
Revenue from Operations
71.99%
Total Assets
111.83%
Profit or Loss
215.83%
Net Worth
146.48%
EBITDA
151.21%

What is the Ownership and Shareholding Structure of Abaca Systems?

In 2022, Abaca Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.40 Cr

Latest Charge Details

Date Lender Amount Status
16 Mar 2022 Others ₹4.00 M Open

How Many Employees Work at Abaca Systems?

Abaca Systems has a workforce of 49 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Abaca Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Abaca Systems's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Abaca Systems

Recent activity within the organization

  • Annual General Meeting

    Abaca Systems Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Abaca Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chandigarh.

    31 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 4.00 M with Charge ID 100565635 was registered on 16 Mar 2022.

    16 Mar 2022

  • Director Appointment

    Sunil Dhawan was appointed as a Director was appointed as a Director on 08 Apr 2010 & has been associated with this company since 14 years 9 months .

    08 Apr 2010

  • Director Appointment

    Japna Chadha was appointed as a Director was appointed as a Director on 08 Apr 2010 & has been associated with this company since 14 years 9 months .

    08 Apr 2010

  • Company Incorporation

    Abaca Systems Private Limited was registered on 08 Apr 2010 with Roc Chandigarh & aged 14 years 9 months as per MCA records.

    08 Apr 2010

Recent News, Updates & Announcement

Frequently asked questions

  • Abaca Systems Private Limited was incorporated on 08 Apr 2010.

  • The authorized share capital of Abaca Systems Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Abaca Systems Private Limited.

    • Sunil Dhawan
    • Japna Chadha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abaca Systems Private Limited is 2267 Sector-35, India, Chandigarh, 160022.

  • The corporate identification number (CIN) of Abaca Systems Private Limited is U72900CH2010PTC032141 and the company number is 032141 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Abaca Systems Private Limited is https://www.abacasys.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Abaca Systems Private Limited has risen by 72.78%.

  • As Per 2022 financial reports, 49 employees are currently employed by Abaca Systems Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Abaca Systems Private Limited has experienced an upsurge of 146.48%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Abaca Systems Private Limited amount to ₹ 4.00 M.

  • The most recent Balance Sheet for Abaca Systems Private Limited was filed with the ROC on 31 Mar 2022.