Abaco Systems (India) Private Limited

Provides business support services, imports, designs, manufactures, and sells hardware systems and solutions for embedded computer products.

2016 | Bangaluru, Karnataka (India) | Active
Last Updated: December 27, 2024

Who are the key members and board of directors at Abaco Systems (India)?

Board Members (2)

NameDesignationAppointment DateStatus
Sadananda Patil Country flag representing In Director 14-Sep-2021Current
Yogesh Lowalekar Country flag representing In Director 27-Sep-2024Current

Financial Performance of Abaco Systems (India).

Abaco Systems (India) Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 31.53% decrease. The company also saw a substantial fall in profitability, with a 30.79% decrease in profit. The company's net worth Soared by an impressive increase of 51.96%.

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
-31.53%
Revenue from Operations
-31.53%
Total Assets
28.51%
Profit or Loss
-30.79%
Net Worth
51.96%
EBITDA
-26.31%

Related Corporates (Common Directorship)

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Abaco Systems (India)?

Unlock and access historical data on people associated with Abaco Systems (India), such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

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Latest Updates, News, and FAQs on Abaco Systems (India)

Recent activity within the organization

  • Annual General Meeting

    Abaco Systems (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Yogesh Lowalekar was appointed as a Director was appointed as a Director on 27 Sep 2024 & has been associated with this company since 3 months 27 days .

    27 Sep 2024

  • Balance Sheet

    Abaco Systems (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Sadananda Rajashekara Patil was appointed as a Director was appointed as a Director on 14 Sep 2021 & has been associated with this company since 3 years 4 months .

    14 Sep 2021

  • Company Incorporation

    Abaco Systems (India) Private Limited was registered on 22 Aug 2016 with Roc Bangalore & aged 8 years 5 months as per MCA records.

    22 Aug 2016

Recent News, Updates & Announcement

Frequently asked questions

  • Abaco Systems (India) Private Limited was incorporated on 22 Aug 2016.

  • The authorized share capital of Abaco Systems (India) Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Abaco Systems (India) Private Limited.

    • Sadananda Rajashekara Patil
    • Yogesh Lowalekar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Abaco Systems (India) Private Limited is Bhoruka Tech Park 3 4 Flr. Mahadevapura Hoodi Sy No.27/1(P) 27/2(P) 31(P) Ward No.1, Kr Puram India, Bangalore, Karnataka, 560048.

  • The corporate identification number (CIN) of Abaco Systems (India) Private Limited is U74999KA2016FTC095905 and the company number is 095905 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Abaco Systems (India) Private Limited is https://www.abaco.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Abaco Systems (India) Private Limited has fallen by -31.53%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Abaco Systems (India) Private Limited has experienced an upsurge of 51.96%.

  • The most recent Balance Sheet for Abaco Systems (India) Private Limited was filed with the ROC on 31 Mar 2024.

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