K2 Systems Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
as on 02-12-2024
- Paid Up Capital ₹ 3.94 M
as on 02-12-2024
- Company Age 35 Year, 6 Months
- Last Filing with ROC 31 Mar 2017
- Open Charges ₹ 3.83 M
as on 02-12-2024
- Revenue 20.40%
(FY 2017)
- Profit 54.11%
(FY 2017)
- Ebitda -15.07%
(FY 2017)
- Net Worth 6.52%
(FY 2017)
- Total Assets -99.04%
(FY 2017)
About K2 Systems
The Corporate was formerly known as Rescursion Software Ltd. 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 2017. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.94 M.
The company currently has active open charges totaling ₹3.83 M.
Akella Katyayani, Akella Rajesh, and Vamshikrishna Yelawarthi serve as directors at the Company.
- CIN/LLPIN
L72200TG1989PLC010200
- Company No.
010200
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
03 Jul 1989
- Date of AGM
27 Sep 2017
- Date of Balance Sheet
31 Mar 2017
- Listing Status
Listed
- ROC Code
Roc Hyderabad
Industry
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at K2 Systems?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Akella Katyayani  | Director | 11-Mar-2019 | Current |
| Akella Rajesh | Director | 28-Oct-2017 | Current |
| Vamshikrishna Yelawarthi | Additional Director | 12-Nov-2020 | Current |
Financial Performance of K2 Systems.
K2 Systems Limited, for the financial year ended 2017, experienced significant growth in revenue, with a 20.4% increase. The company also saw a substantial improvement in profitability, with a 54.11% increase in profit. The company's net worth moved up by a moderate rise of 6.52%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of K2 Systems?
In 2016, K2 Systems had a promoter holding of 19.76% and a public holding of 80.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Doctorstime Health Services Private LimitedActive 12 years 11 monthsAkella Katyayani and Akella Rajesh are mutual person
Charges (Loans)
₹0.38 Cr
₹0
Charges Breakdown by Lending Institutions
- Syndicate Bank : 0.38 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Mar 2001 | Syndicate Bank | ₹2.50 M | Open |
| 29 Feb 2000 | Syndicate Bank | ₹0.33 M | Open |
| 22 Jun 1995 | Syndicate Bank | ₹0.50 M | Open |
| 02 Jun 1995 | Syndicate Bank | ₹0.50 M | Open |
How Many Employees Work at K2 Systems?
Unlock and access historical data on people associated with K2 Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of K2 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 K2 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.
