Ittiam Systems Private Limited

Specializing in digital signal processing for multimedia and communications, offering RTL design and wireless solutions.

2001 | Bangalore, Karnataka (India) | Active
Last Updated: July 05, 2024

Ittiam Systems Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 6.59 M
  • Company Age 24 Year, 27 Days
  • Last Filing with ROC 31 Mar 2023
  • 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. 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 2.00 Cr and a paid-up capital of Rs 6.59 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. Brian Lee, Srinivasan Mukund, Ganesan Ravishanker, and Two other members 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

    U72900KA2001PTC028392

  • Company No.

    028392

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Jan 2001

  • Date of AGM

    28 Jul 2023

  • Date of Balance Sheet

    31 Mar 2023

  • 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.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Srinivasan Rajam Country flag representing In Managing Director03-Jan-2001Current
Andrew Bhagyanathan Country flag representing In Company Secretary04-Jan-2001Current

Board Members (3)

NameDesignationAppointment DateStatus
Ganesan Ravishanker Country flag representing In Whole-Time Director 27-Nov-2004Current
Srinivasan Mukund Country flag representing In Director 22-Nov-2021Current
Brian Lee Country flag representing Us Nominee Director 22-Nov-2021Current

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%.

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
27.39%
Revenue from Operations
29.06%
Total Assets
9.11%
Profit or Loss
83.72%
Net Worth
19.97%
EBITDA
84.36%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
20 Sep 2018Hdfc Bank Limited₹12.00 CrOpen
28 Aug 2018Hdfc Bank Limited₹12.00 CrSatisfied
26 Feb 2008Axis Bank Ltd₹10.00 CrSatisfied
29 Aug 2001Global Trust Bank Limited₹1.75 CrSatisfied
10 May 2001Bank Of Novascotia₹6.50 MSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Ittiam Systems

Recent activity within the organization

  • Annual General Meeting

    Ittiam Systems Private Limited last Annual general meeting of members was held on 28 Jul 2023 as per latest MCA records.

    28 Jul 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Brian Byunggook Lee was appointed as a Nominee Director was appointed as a Nominee Director on 22 Nov 2021 & has been associated with this company since 3 years 2 months .

    22 Nov 2021

  • 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 2 months .

    22 Nov 2021

  • Charges

    A charge registered on 28 Aug 2018 via Charge ID 100207072 with Hdfc Bank Limited was fully satisfied on 18 Oct 2021.

    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.

    02 Sep 2021

Frequently asked questions

  • Ittiam Systems Private Limited was incorporated on 03 Jan 2001.

  • The authorized share capital of Ittiam Systems Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 6.59 M.

  • Currently 6 directors are associated with Ittiam Systems Private Limited.

    • Andrew Johann Bhagyanathan
    • Brian Byunggook Lee
    • Srinivasan Mukund
    • Ganesan Ravishanker
    • Andrew Johann Bhagyanathan
    • Srinivasan Rajam
  • As per Ministry of Corporate Affairs (Mca), the registered address of Ittiam Systems Private Limited is Consulate - 1 No.1 Richmond Road, Bangalore, Karnataka, India, 560025.

  • 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).

  • The Official website of Ittiam Systems Private Limited is https://www.ittiam.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Ittiam Systems Private Limited has risen by 27.39%.

  • As Per 2023 financial reports, 47 employees are currently employed by Ittiam Systems Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Ittiam Systems Private Limited amount to ₹ 12.00 Cr.

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

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