Crystal Solutions Limited

IT solutions and services for information security, governance, risk and compliance, and virtualization.

1996 | Mumbai, Maharashtra (India) | Active
Last Updated: December 20, 2024

Crystal Solutions Profile

Key Indicators

  • Authorised Capital ₹ 12.00 Cr
  • Paid Up Capital ₹ 7.50 Cr
  • Company Age 28 Year, 3 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 3.64 Cr
  • Satisfied Charges ₹ 7.50 M
  • Revenue Growth -60.35%
  • Profit Growth -78.97%
  • Ebitda -39.42%
  • Net Worth 1.64%
  • Total Assets -42.24%

About Crystal Solutions

Crystal Solutions Limited (CSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 October 1996 and has a history of 28 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Crystal Solutions Private Limited. 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 2022. It's a company limited by shares with an authorized capital of Rs 12.00 Cr and a paid-up capital of Rs 7.50 Cr.

The company currently has active open charges totaling ₹3.64 Cr. The company has closed loans amounting to ₹7.50 M, as per Ministry of Corporate Affairs (MCA) records.

Kiran Shiveshwar, Hemant Sawant, and Vasant Bhanushali serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    crysol.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200MH1996PLC103602

  • Company No.

    103602

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Oct 1996

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology
Business Outsourcing

What products or services does Crystal Solutions Limited offer?

Crystal Solutions Limited offers a wide range of products and services, including Software Development & IT Consultant, IT Security Service, Online Education & Coaching Services, Online Education Consultancy Services, Software Consulting Service, Web Development & Marketing Services, Website Designing, IT, Networking & Automation Solution, IT Solutions.

Who are the key members and board of directors at Crystal Solutions?

Executive Team (1)

Name Designation Appointment Date Status
Kiran Shiveshwar Country flag representing In Managing Director 29-Oct-1996 Current

Board Members (2)

Name Designation Appointment Date Status
Vasant Bhanushali Country flag representing In Whole-Time Director 29-Oct-1996 Current
Hemant Sawant Country flag representing In Additional Director 18-Apr-2022 Current

Financial Performance of Crystal Solutions.

Crystal Solutions Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 60.35% decrease. The company also saw a substantial fall in profitability, with a 78.97% decrease in profit. The company's net worth moved up by a moderate rise of 1.64%.

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
-60.35%
Revenue from Operations
-60.07%
Total Assets
-42.24%
Profit or Loss
-78.97%
Net Worth
1.64%
EBITDA
-39.42%

What is the Ownership and Shareholding Structure of Crystal Solutions?

In 2019, Crystal Solutions had a promoter holding of 53.33% and a public holding of 46.67%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.64 Cr

Satisfied Charges

₹0.75 Cr

Charges Breakdown by Lending Institutions

  • Others : 3.14 Cr
  • Corporation Bank : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
20 Nov 2020 Others ₹1.40 M Open
23 Jul 2020 Others ₹5.00 M Open
25 Jan 2010 Others ₹2.50 Cr Open
22 Oct 2008 Corporation Bank ₹5.00 M Open
12 Mar 2005 Janakalyan Sahakari Bank Limited ₹3.00 M Satisfied

How Many Employees Work at Crystal Solutions?

Crystal Solutions has a workforce of 30 employees as of Mar 29, 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 Crystal Solutions, 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 Crystal Solutions'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 Crystal Solutions

Recent activity within the organization

  • Annual General Meeting

    Crystal Solutions Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Director Appointment

    Hemant Anant Sawant was appointed as a Additional Director was appointed as a Additional Director on 18 Apr 2022 & has been associated with this company since 2 years 10 months .

    18 Apr 2022

  • Balance Sheet

    Crystal Solutions Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

    31 Mar 2022

  • Charges

    A charge with Others amounted to Rs. 0.14 Cr with Charge ID 100391958 was registered on 20 Nov 2020.

    20 Nov 2020

  • Charges

    A charge with Others amounted to Rs. 0.50 Cr with Charge ID 100357119 was registered on 23 Jul 2020.

    23 Jul 2020

  • Charges

    A charge with Others of Rs. 2.50 Cr registered on 25 Jan 2010 with Charge ID 10203784 was modified on 26 Aug 2019.

    26 Aug 2019

Frequently asked questions

  • Crystal Solutions Limited was incorporated on 29 Oct 1996.

  • The authorized share capital of Crystal Solutions Limited is ₹ 12.00 Cr and paid-up capital is ₹ 7.50 Cr.

  • Currently 3 directors are associated with Crystal Solutions Limited.

    • Kiran Dinkar Shiveshwar
    • Hemant Anant Sawant
    • Vasant Pradhan Bhanushali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Crystal Solutions Limited is 705/716/717 Reena Complex Ramdev Nagar Road Opp. Nathani Steel, Vidyavihar West India, Mumbai, Maharashtra, 400086.

  • The corporate identification number (CIN) of Crystal Solutions Limited is U72200MH1996PLC103602 and the company number is 103602 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Crystal Solutions Limited is https://www.crysol.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Crystal Solutions Limited has fallen by -60.35%.

  • As Per 2019 financial reports, 30 employees are currently employed by Crystal Solutions Limited.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Crystal Solutions Limited has experienced an upsurge of 1.64%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Crystal Solutions Limited amount to ₹ 3.64 Cr.

  • The most recent Balance Sheet for Crystal Solutions Limited was filed with the ROC on 31 Mar 2022.

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