Abhinav Systech Profile
Key Indicators
- Authorised Capital ₹ 2.00 M
as on 23-10-2024
- Paid Up Capital ₹ 0.95 M
as on 23-10-2024
- Company Age 25 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 7.00 M
as on 23-10-2024
- Satisfied Charges ₹ 3.70 Cr
as on 23-10-2024
- Revenue -18.89%
(FY 2023)
- Profit -20.72%
(FY 2023)
- Ebitda 16.39%
(FY 2023)
- Net Worth 2.32%
(FY 2023)
- Total Assets 21.93%
(FY 2023)
About Abhinav Systech
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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 0.95 M.
The company currently has active open charges totaling ₹7.00 M. The company has closed loans amounting to ₹3.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
Srinivasa Booravalla, Viswanath Ramasastry, Pratibha Kolatur, and Two other members serve as directors at the Company.
- CIN/LLPIN
U51506KA1999PTC025760
- Company No.
025760
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
27 Sep 1999
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Abhinav Systech?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivasa Booravalla  | Managing Director | 27-Sep-1999 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Viswanath Ramasastry | Director | 01-Jun-2002 | Current |
| Pratibha Kolatur | Director | 27-Sep-1999 | Current |
| Abhinav Buravalla | Director | 28-Sep-2020 | Current |
| Vidyesh Buravalla | Director | 19-Oct-2020 | Current |
Financial Performance and Corporate Structure Insights of Abhinav Systech.
Abhinav Systech Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.89% decrease. The company also saw a substantial fall in profitability, with a 20.72% decrease in profit. The company's net worth moved up by a moderate rise of 2.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Abhinav Systech?
In 2023, Abhinav Systech had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
India Innovation Labs Technologies Private LimitedActive 12 years 8 monthsAbhinav Buravalla and Vidyesh Buravalla are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 25 Jan 2023 | ₹7.00 M | Open |
Standard Chartered Bank Creation Date: 17 Aug 2007 | ₹1.80 Cr | Satisfied |
Standard Chartered Bank Creation Date: 01 Aug 2006 | ₹1.20 Cr | Satisfied |
How Many Employees Work at Abhinav Systech?
Unlock and access historical data on people associated with Abhinav Systech, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Abhinav Systech, 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 Abhinav Systech's trajectory.
Rating
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
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.
