Circuit Systems (India) Private Limited

Founded in 1995 and headquartered in Gujarat, India.

1995 | Ahmedabad, Gujarat (India) | Active
Last Updated: July 15, 2024

Circuit Systems (India) Profile

Key Indicators

  • Authorised Capital ₹ 16.00 Cr
  • Paid Up Capital ₹ 9.70 Cr
  • Company Age 29 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 60.64 Cr
  • Satisfied Charges ₹ 38.40 Cr
  • Revenue Growth 21.01%
  • Profit Growth 185.46%
  • Ebitda 27.14%
  • Net Worth 5.41%
  • Total Assets -5.00%

About Circuit Systems (India)

Circuit Systems (India) Private Limited (CSIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 February 1995 and has a history of 29 years and 11 months. Its registered office is in Ahmedabad, Gujarat, 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 2023. It's a company limited by shares with an authorized capital of Rs 16.00 Cr and a paid-up capital of Rs 9.70 Cr.

The company currently has active open charges totaling ₹60.64 Cr. The company has closed loans amounting to ₹38.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Circuit Systems (India) Private Limited India are Preeti Chouksey as CFO and Krupali Shah as Company Secretary.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74140GJ1995PTC024524

  • Company No.

    024524

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Feb 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

What products or services does Circuit Systems (India) Private Limited offer?

Circuit Systems (India) Private Limited offers a wide range of products and services, including Drawing Instruments, Stencils, Electronics Manufacturing Service, PCB Fabrication Service, PCB Modules and Circuit Boards, Bare PCB, Electronic Appliances Circuit Boards, PCB Assembly, Product Designing, PCB Design Services.

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

Executive Team (3)

Name Designation Appointment Date Status
Paresh Vasani Country flag representing In Managing Director 08-Feb-1995 Current
Preeti Chouksey CFO Current
Krupali Shah Company Secretary Current

Board Members (3)

Name Designation Appointment Date Status
Jasmine Vasani Country flag representing In Director 03-Dec-2011 Current
Jayesh Shah Country flag representing In Director 03-Dec-2011 Current
Sureshbhai Poojara Country flag representing In Director 24-May-2016 Current

Financial Performance of Circuit Systems (India).

Circuit Systems (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.01% increase. The company also saw a substantial improvement in profitability, with a 185.46% increase in profit. The company's net worth moved up by a moderate rise of 5.41%.

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
21.01%
Revenue from Operations
20.43%
Total Assets
-5.00%
Profit or Loss
185.46%
Net Worth
5.41%
EBITDA
27.14%

What is the Ownership and Shareholding Structure of Circuit Systems (India)?

In 2023, Circuit Systems (India) had a promoter holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹60.64 Cr

Satisfied Charges

₹38.40 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 60.64 Cr

Latest Charge Details

Date Lender Amount Status
11 May 2023 Hdfc Bank Limited ₹9.75 Cr Open
18 Feb 2022 Hdfc Bank Limited ₹3.00 Cr Open
30 Sep 2015 Hdfc Bank Limited ₹47.89 Cr Open
23 May 2019 Others ₹3.50 Cr Satisfied
28 Mar 2012 The Kalupur Commercial Co Operative Bank Limited ₹5.00 Cr Satisfied

How Many Employees Work at Circuit Systems (India)?

Circuit Systems (India) has a workforce of 144 employees as of Apr 03, 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 Circuit Systems (India), 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 Circuit Systems (India)'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 Circuit Systems (India)

Recent activity within the organization

  • Annual General Meeting

    Circuit Systems (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 9.75 Cr with Charge ID 100731362 was registered on 11 May 2023.

    11 May 2023

  • Balance Sheet

    Circuit Systems (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 47.89 Cr registered on 30 Sep 2015 with Charge ID 10599910 was modified on 17 Dec 2022.

    17 Dec 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100554746 was registered on 18 Feb 2022.

    18 Feb 2022

  • Charges

    A charge registered on 23 May 2019 via Charge ID 100269469 with Others was fully satisfied on 16 Oct 2020.

    16 Oct 2020

Frequently asked questions

  • Circuit Systems (India) Private Limited was incorporated on 08 Feb 1995.

  • The authorized share capital of Circuit Systems (India) Private Limited is ₹ 16.00 Cr and paid-up capital is ₹ 9.70 Cr.

  • Currently 6 directors are associated with Circuit Systems (India) Private Limited.

    • Paresh Navnit Vasani
    • Jasmine Paresh Vasani
    • Jayesh Hashmukhlal Shah
    • Sureshbhai Muljibhai Poojara
    • Preeti Amit Chouksey
    • Krupali Hemendrabhai Shah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Circuit Systems (India) Private Limited is Unit No.1001 10Th Floor One42 South Tower Nr Ashok, Vatika Opp.Jayantilal Park Brts Ambli Bopal Road, Ahmedabad, Gujarat, India, 380058.

  • The corporate identification number (CIN) of Circuit Systems (India) Private Limited is U74140GJ1995PTC024524 and the company number is 024524 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Circuit Systems (India) Private Limited has risen by 21.01%.

  • As Per 2023 financial reports, 144 employees are currently employed by Circuit Systems (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Circuit Systems (India) Private Limited has experienced an upsurge of 5.41%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Circuit Systems (India) Private Limited amount to ₹ 60.64 Cr.

  • The most recent Balance Sheet for Circuit Systems (India) Private Limited was filed with the ROC on 31 Mar 2023.

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