Comavia Systems Technologies Private Limited

Develops software and solutions for aviation industry, specializing in fighter aircraft and UAV programs.

2002 | Bangalore, Karnataka (India) | Active
Last Updated: June 23, 2024

Comavia Systems Technologies Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 3.00 Cr
  • Company Age 22 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 17.84 Cr
  • Satisfied Charges ₹ 7.37 Cr
  • Revenue Growth -28.76%
  • Profit Growth -51.01%
  • Ebitda -353.53%
  • Net Worth -64.46%
  • Total Assets -17.78%

About Comavia Systems Technologies

Comavia Systems Technologies Private Limited (CSTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 June 2002 and has a history of 22 years and seven months. Its registered office is in Bangalore, 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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 3.00 Cr.

The company currently has active open charges totaling ₹17.84 Cr. The company has closed loans amounting to ₹7.37 Cr, as per Ministry of Corporate Affairs (MCA) records.

Manish Khaitan and Mayank Dalmia serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2002PTC030689

  • Company No.

    030689

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jun 2002

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Comavia Systems Technologies Private Limited offer?

Comavia Systems Technologies Private Limited offers a wide range of products and services, including IT, Networking & Automation Solution, IT Solutions, Pharmaceutical Machinery & Equipment, Tablet Testing System, VFD, PLC, HMI & Control Equipments, Instrumentation Equipment, Building Survey & Soil Investigation, Geotechnical Engineering, LED Displays, Display Systems.

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

Board Members (2)

Name Designation Appointment Date Status
Mayank Dalmia Country flag representing In Director 02-Nov-2017 Current
Manish Khaitan Country flag representing In Director 30-Apr-2021 Current

Financial Performance of Comavia Systems Technologies.

Comavia Systems Technologies Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 28.76% decrease. The company also saw a substantial fall in profitability, with a 51.01% decrease in profit. The company's net worth observed a substantial decline by a decrease of 64.46%.

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
-28.76%
Revenue from Operations
-28.47%
Total Assets
-17.78%
Profit or Loss
-51.01%
Net Worth
-64.46%
EBITDA
-353.53%

What is the Ownership and Shareholding Structure of Comavia Systems Technologies?

In 2023, Comavia Systems Technologies 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

₹17.84 Cr

Satisfied Charges

₹7.37 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 17.84 Cr

Latest Charge Details

Date Lender Amount Status
30 Nov 2018 State Bank Of India ₹17.84 Cr Open
29 Feb 2016 Tata Capital Financial Services Limited ₹2.50 M Satisfied
12 Feb 2016 The Federal Bank Limited ₹1.23 M Satisfied
11 Feb 2015 The Federal Bank Limited ₹4.00 Cr Satisfied
21 Dec 2006 State Bank Of India ₹3.00 Cr Satisfied

How Many Employees Work at Comavia Systems Technologies?

Comavia Systems Technologies has a workforce of 64 employees as of Apr 05, 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 Comavia Systems Technologies, 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 Comavia Systems Technologies'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 Comavia Systems Technologies

Recent activity within the organization

  • Annual General Meeting

    Comavia Systems Technologies Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Comavia Systems Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India of Rs. 17.84 Cr registered on 30 Nov 2018 with Charge ID 100224620 was modified on 23 Nov 2021.

    23 Nov 2021

  • Director Appointment

    Manish Kumar Khaitan was appointed as a Director was appointed as a Director on 30 Apr 2021 & has been associated with this company since 3 years 9 months .

    30 Apr 2021

  • Charges

    A charge registered on 29 Feb 2016 via Charge ID 10624754 with Tata Capital Financial Services Limited was fully satisfied on 20 Mar 2020.

    20 Mar 2020

  • Charges

    A charge registered on 12 Feb 2016 via Charge ID 10624705 with The Federal Bank Limited was fully satisfied on 25 Jul 2019.

    25 Jul 2019

Frequently asked questions

  • Comavia Systems Technologies Private Limited was incorporated on 27 Jun 2002.

  • The authorized share capital of Comavia Systems Technologies Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 3.00 Cr.

  • Currently 2 directors are associated with Comavia Systems Technologies Private Limited.

    • Manish Kumar Khaitan
    • Mayank Dalmia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Comavia Systems Technologies Private Limited is No.31 St. Mary'S Church Road Jalahalli Post, Bangalore, Karnataka, India, 560013.

  • The corporate identification number (CIN) of Comavia Systems Technologies Private Limited is U72200KA2002PTC030689 and the company number is 030689 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Comavia Systems Technologies Private Limited is https://www.comavia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Comavia Systems Technologies Private Limited has fallen by -28.76%.

  • As Per 2023 financial reports, 64 employees are currently employed by Comavia Systems Technologies Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Comavia Systems Technologies Private Limited has experienced an downturn of -64.46%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Comavia Systems Technologies Private Limited amount to ₹ 17.84 Cr.

  • The most recent Balance Sheet for Comavia Systems Technologies Private Limited was filed with the ROC on 31 Mar 2023.

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