Ittiam Systems Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 7.87 M
- Company Age 24 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 12.00 Cr
- Satisfied Charges ₹ 24.40 Cr
- Revenue Growth 27.39%
- Profit Growth 83.72%
- Ebitda 84.36%
- Net Worth 19.97%
- Total Assets 9.11%
About Ittiam Systems
Ittiam Systems Private Limited (ISPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 January 2001 and has a history of 24 years and three 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 2024. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 7.87 M.
The company currently has active open charges totaling ₹12.00 Cr. The company has closed loans amounting to ₹24.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ittiam Systems Private Limited India is Andrew Bhagyanathan as COMPANY SECRETARY. Ganesan Ravishanker, Andrew Bhagyanathan, Srinivasan Rajam, and Two other members 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
U72900KA2001PTC028392
- Company No.
028392
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Jan 2001
- Date of AGM
21 Jun 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
What products or services does Ittiam Systems Private Limited offer?
Ittiam Systems Private Limited offers a wide range of products and services, including Street, Flood and Commercial Lights, Flood Lights.
Ittiam Systems Private Limited
Explore comprehensive data for Ittiam Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Ittiam Systems?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivasan Rajam  | Managing Director | 03-Jan-2001 | Current |
| Andrew Bhagyanathan | Company Secretary | 04-Jan-2001 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ganesan Ravishanker | Whole-Time Director | 27-Nov-2004 | Current |
| Srinivasan Mukund | Director | 22-Nov-2021 | Current |
Brian Lee  | Nominee Director | 22-Nov-2021 | Current |
Financial Performance of Ittiam Systems.
Ittiam Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.39% increase. The company also saw a substantial improvement in profitability, with a 83.72% increase in profit. The company's net worth Soared by an impressive increase of 19.97%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ittiam Systems?
In 2023, Ittiam Systems had a promoter holding of 77.67% and a public holding of 22.32%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Ittiam Media Labs Private Limited
Ganesan Ravishanker and Andrew Bhagyanathan are mutual person
Charges (Loans)
Open Charges
₹12.00 Cr
Satisfied Charges
₹24.40 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 12.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Sep 2018 | Hdfc Bank Limited | ₹12.00 Cr | Open |
| 28 Aug 2018 | Hdfc Bank Limited | ₹12.00 Cr | Satisfied |
| 26 Feb 2008 | Axis Bank Ltd | ₹10.00 Cr | Satisfied |
| 29 Aug 2001 | Global Trust Bank Limited | ₹1.75 Cr | Satisfied |
| 10 May 2001 | Bank Of Novascotia | ₹6.50 M | Satisfied |
How Many Employees Work at Ittiam Systems?
Ittiam Systems has a workforce of 47 employees as of Mar 21, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ittiam 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 Ittiam Systems's trajectory.
Rating
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
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 Ittiam Systems
Recent activity within the organization
- Annual General Meeting
Ittiam Systems Private Limited last Annual general meeting of members was held on 21 Jun 2024 as per latest MCA records.
- Balance Sheet
Ittiam Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Srinivasan Mukund was appointed as a Director was appointed as a Director on 22 Nov 2021 & has been associated with this company since 3 years 5 months .
- Charges
A charge registered on 28 Aug 2018 via Charge ID 100207072 with Hdfc Bank Limited was fully satisfied on 18 Oct 2021.
- Charges
A charge with Hdfc Bank Limited of Rs. 12.00 Cr registered on 20 Sep 2018 with Charge ID 100207069 was modified on 02 Sep 2021.
- Director Appointment
Andrew Johann Bhagyanathan was appointed as a Director was appointed as a Director on 23 Jul 2021 & has been associated with this company since 3 years 9 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Ittiam Systems Private Limited?
Ittiam Systems Private Limited was incorporated on 03 Jan 2001.
What is authorized share capital and paid-up capital of Ittiam Systems Private Limited?
The authorized share capital of Ittiam Systems Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 7.87 M.
Who are the current board members & directors of Ittiam Systems Private Limited?
Currently 6 directors are associated with Ittiam Systems Private Limited.
- Andrew Johann Bhagyanathan
- Ganesan Ravishanker
- Andrew Johann Bhagyanathan
- Srinivasan Rajam
- Srinivasan Mukund
- Brian Byunggook Lee
What is the registered address of Ittiam Systems Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ittiam Systems Private Limited is Consulate - 1 No.1, Richmond Road India, Bangalore, Karnataka, 560025.
What is the corporate identification number (CIN) and company number of Ittiam Systems Private Limited?
The corporate identification number (CIN) of Ittiam Systems Private Limited is U72900KA2001PTC028392 and the company number is 028392 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ittiam Systems Private Limited?
The Official website of Ittiam Systems Private Limited is https://www.ittiam.com
What has been the recent revenue trend for Ittiam Systems Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Ittiam Systems Private Limited has risen by 27.39%.
How many employees does Ittiam Systems Private Limited currently have?
As Per 2023 financial reports, 47 employees are currently employed by Ittiam Systems Private Limited.
What change has been observed in the net worth of Ittiam Systems Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Ittiam Systems Private Limited has experienced an upsurge of 19.97%.
What are the total open charges for Ittiam Systems Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Ittiam Systems Private Limited amount to ₹ 12.00 Cr.
When was the last Balance Sheet of Ittiam Systems Private Limited filed with the ROC?
The most recent Balance Sheet for Ittiam Systems Private Limited was filed with the ROC on 31 Mar 2024.
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