Ideal Systems Limited

IT service provider offering software development, web design, multimedia, and networking solutions to various industries.

1996 | Ahmedabad, Gujarat (India) | Active
Last Updated: December 28, 2024

Ideal Systems Profile

Key Indicators

  • Authorised Capital ₹ 22.00 Cr
  • Paid Up Capital ₹ 14.17 Cr
  • Company Age 28 Year, 2 Months
  • Last Filing with ROC 31 Mar 2020
  • Open Charges ₹ 11.00 Cr
  • Revenue Growth 14.30%
  • Profit Growth -64.70%
  • Ebitda 33.65%
  • Net Worth -22.56%
  • Total Assets 40.99%

About Ideal Systems

Ideal Systems Limited (ISL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 November 1996 and has a history of 28 years and two months. Its registered office is in Ahmedabad, Gujarat, India.

The Corporate was formerly known as Ideal Systems 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 2020. It's a company limited by shares with an authorized capital of Rs 22.00 Cr and a paid-up capital of Rs 14.17 Cr.

The company currently has active open charges totaling ₹11.00 Cr.

Ketan Shah, Dhavalbhai Patel, and Ravi Mali serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    isplindia.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U30007GJ1996PLC031197

  • Company No.

    031197

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    29 Nov 1996

  • Date of AGM

    30 Sep 2020

  • Date of Balance Sheet

    31 Mar 2020

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

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

Executive Team (1)

NameDesignationAppointment DateStatus
Ketan Shah Country flag representing In Managing Director29-Nov-1996Current

Board Members (2)

NameDesignationAppointment DateStatus
Dhavalbhai Patel Country flag representing In Director 01-Aug-2018Current
Ravi Mali Country flag representing In Director 01-Apr-2019Current

Financial Performance of Ideal Systems.

Ideal Systems Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 14.3% increase. The company also saw a substantial fall in profitability, with a 64.7% decrease in profit. The company's net worth observed a substantial decline by a decrease of 22.56%.

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
14.30%
Revenue from Operations
16.69%
Total Assets
40.99%
Profit or Loss
-64.70%
Net Worth
-22.56%
EBITDA
33.65%

What is the Ownership and Shareholding Structure of Ideal Systems?

In 2020, Ideal Systems had a promoter holding of 56.08% and a public holding of 43.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 5.80 Cr
  • Others : 5.20 Cr

Latest Charge Details

DateLenderAmountStatus
07 Mar 2014Bank Of Baroda₹6.00 MOpen
02 Mar 2006Bank Of Baroda₹5.20 CrOpen
18 Feb 2006Others₹5.20 CrOpen

How Many Employees Work at Ideal Systems?

Ideal Systems has a workforce of 3 employees as of Apr 02, 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 Ideal 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 Ideal 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 Ideal Systems

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 5.20 Cr registered on 18 Feb 2006 with Charge ID 80016211 was modified on 14 Feb 2021.

    14 Feb 2021

  • Annual General Meeting

    Ideal Systems Limited last Annual general meeting of members was held on 30 Sep 2020 as per latest MCA records.

    30 Sep 2020

  • Balance Sheet

    Ideal Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Ahmedabad.

    31 Mar 2020

  • Director Appointment

    Ravi Naranbhai Mali was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 5 years 10 months .

    01 Apr 2019

  • Director Appointment

    Dhavalbhai Pravinbhai Patel was appointed as a Director was appointed as a Director on 01 Aug 2018 & has been associated with this company since 6 years 6 months .

    01 Aug 2018

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 0.60 Cr with Charge ID 10482117 was registered on 07 Mar 2014.

    07 Mar 2014

Frequently asked questions

  • Ideal Systems Limited was incorporated on 29 Nov 1996.

  • The authorized share capital of Ideal Systems Limited is ₹ 22.00 Cr and paid-up capital is ₹ 14.17 Cr.

  • Currently 3 directors are associated with Ideal Systems Limited.

    • Ketan Nalinkant Shah
    • Dhavalbhai Pravinbhai Patel
    • Ravi Naranbhai Mali
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ideal Systems Limited is 4Th Floor H N House(Nidhi Complex) Nr Under Bridge Stadium Five Roads India, Navrangpura Ahmedabad, Gujarat, 380009.

  • The corporate identification number (CIN) of Ideal Systems Limited is U30007GJ1996PLC031197 and the company number is 031197 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Ideal Systems Limited is https://www.isplindia.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Ideal Systems Limited has risen by 14.30%.

  • As Per 2020 financial reports, 3 employees are currently employed by Ideal Systems Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Ideal Systems Limited has experienced an downturn of -22.56%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Ideal Systems Limited amount to ₹ 11.00 Cr.

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

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