Akutech Systems Private Limited

Provides technology innovation, software design, and business consultancy services to clients.

2005 | Bangaluru, Karnataka (India) | Active
Last Updated:

Akutech Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.80 M
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 2.20 M
  • Revenue Growth -81.30%
  • Profit Growth -8618.02%
  • Ebitda -5981.38%
  • Net Worth -95.78%
  • Total Assets -93.00%

About Akutech Systems

Akutech Systems Private Limited (ASPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 December 2005 and has a history of 19 years and four months. Its registered office is in Bangaluru, Karnataka, 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 2020. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.80 M.

The company currently has active open charges totaling ₹2.20 M.

Munirathnam Srinivasan and Bajala Chandra serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74210KA2005PTC038014

  • Company No.

    038014

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Dec 2005

  • Date of AGM

    31 Dec 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology
Company report

Akutech Systems Private Limited

Explore comprehensive data for Akutech Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (2)

NameDesignationAppointment DateStatus
Munirathnam Srinivasan Country flag representing In Director 01-Mar-2018Current
Bajala Chandra Country flag representing In Director 15-Apr-2017Current

Financial Performance of Akutech Systems.

Akutech Systems Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 81.3% decrease. The company also saw a substantial fall in profitability, with a 8618.02% decrease in profit. The company's net worth observed a substantial decline by a decrease of 95.78%.

Akutech Systems revenue growth over time
Akutech Systems 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
-81.30%
Revenue from Operations
-81.30%
Total Assets
-93.00%
Profit or Loss
-8618.02%
Net Worth
-95.78%
EBITDA
-5981.38%

What is the Ownership and Shareholding Structure of Akutech Systems?

In 2020, Akutech 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

₹2.20 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 0.22 Cr

Latest Charge Details

DateLenderAmountStatus
25 Mar 2009Canara Bank₹2.20 MOpen

How Many Employees Work at Akutech Systems?

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

Employee growth trends for Akutech Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akutech 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 Akutech 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 Akutech Systems

Recent activity within the organization

  • Annual General Meeting

    Akutech Systems Private Limited last Annual general meeting of members was held on 31 Dec 2020 as per latest MCA records.

  • Balance Sheet

    Akutech Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Bangalore.

  • Director Appointment

    Munirathnam Srinivasan was appointed as a Director was appointed as a Director on 01 Mar 2018 & has been associated with this company since 7 years 2 months .

  • Director Appointment

    Bajala Naresh Chandra was appointed as a Director was appointed as a Director on 15 Apr 2017 & has been associated with this company since 8 years 20 days .

  • Charges

    A charge with Canara Bank amounted to Rs. 2.20 M with Charge ID 10198843 was registered on 25 Mar 2009.

  • Company Incorporation

    Akutech Systems Private Limited was registered on 22 Dec 2005 with Roc Bangalore & aged 19 years 4 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Akutech Systems Private Limited?

    Akutech Systems Private Limited was incorporated on 22 Dec 2005.

  • What is authorized share capital and paid-up capital of Akutech Systems Private Limited?

    The authorized share capital of Akutech Systems Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.80 M.

  • Who are the current board members & directors of Akutech Systems Private Limited?

    Currently 2 directors are associated with Akutech Systems Private Limited.

    • Munirathnam Srinivasan
    • Bajala Naresh Chandra

  • What is the registered address of Akutech Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Akutech Systems Private Limited is No 67/B Part Hosur Road Bommasandra Industrial Area, Bengaluru - India, Bangalore, Karnataka, 560099.

  • What is the corporate identification number (CIN) and company number of Akutech Systems Private Limited?

    The corporate identification number (CIN) of Akutech Systems Private Limited is U74210KA2005PTC038014 and the company number is 038014 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Akutech Systems Private Limited?

    The Official website of Akutech Systems Private Limited is https://www.akutechsys.com

  • What has been the recent revenue trend for Akutech Systems Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Akutech Systems Private Limited has fallen by -81.30%.

  • What change has been observed in the net worth of Akutech Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Akutech Systems Private Limited has experienced an downturn of -95.78%.

  • What are the total open charges for Akutech Systems Private Limited?

    As per the financial statements for fiscal Year 2020, The total open charges for Akutech Systems Private Limited amount to ₹ 2.20 M.

  • When was the last Balance Sheet of Akutech Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for Akutech Systems Private Limited was filed with the ROC on 31 Mar 2020.

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