Maarga Systems Private Limited

Software development and modernization services for enterprise collaboration and SAP access management.

2005 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 20, 2025

Maarga Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.15 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 19 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.23 Cr
  • Revenue Growth 25.92%
  • Profit Growth 101.71%
  • Ebitda 66.06%
  • Net Worth 12.05%
  • Total Assets 10.87%

About Maarga Systems

Maarga Systems Private Limited (MSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 December 2005 and has a history of 19 years and one month. Its registered office is in Chennai, Tamil Nadu, 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 1.15 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹1.23 Cr.

Venkatesh Krishnamoorthy and Gayathri Viswanathan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    maargasystems.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TN2005PTC058408

  • Company No.

    058408

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Dec 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Maarga Systems Private Limited offer?

Maarga Systems Private Limited offers a wide range of products and services, including Software Development & IT Consultant, Software Consulting Service, Computer and Mobile Softwares & Apps, HR Management Software, Networking Solutions, Cloud Computing Service, Application Development Service, Custom Application Development, Legal Consultants, Adoption Law Attorneys.

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

Executive Team (1)

Name Designation Appointment Date Status
Venkatesh Krishnamoorthy Country flag representing In Managing Director 23-Dec-2005 Current

Board Members (1)

Name Designation Appointment Date Status
Gayathri Viswanathan Country flag representing In Whole-Time Director 23-Dec-2005 Current

Financial Performance of Maarga Systems.

Maarga Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.92% increase. The company also saw a substantial improvement in profitability, with a 101.71% increase in profit. The company's net worth Soared by an impressive increase of 12.05%.

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
25.92%
Revenue from Operations
26.16%
Total Assets
10.87%
Profit or Loss
101.71%
Net Worth
12.05%
EBITDA
66.06%

What is the Ownership and Shareholding Structure of Maarga Systems?

In 2023, Maarga Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹12.35 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.16 Cr
  • Hdfc Bank Limited : 0.08 Cr

Latest Charge Details

Date Lender Amount Status
08 Jul 2022 Hdfc Bank Limited ₹0.80 M Open
26 Mar 2014 Others ₹1.16 Cr Open

How Many Employees Work at Maarga Systems?

Maarga Systems has a workforce of 38 employees as of Apr 09, 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 Maarga 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 Maarga 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 Maarga Systems

Recent activity within the organization

  • Annual General Meeting

    Maarga Systems Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others of Rs. 11.55 M registered on 26 Mar 2014 with Charge ID 10509135 was modified on 20 Jun 2023.

    20 Jun 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.80 M with Charge ID 100600827 was registered on 08 Jul 2022.

    08 Jul 2022

  • Charges

    A charge with Others amounted to Rs. 11.55 M with Charge ID 10509135 was registered on 26 Mar 2014.

    26 Mar 2014

  • Director Appointment

    Gayathri Viswanathan was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 23 Dec 2005 & has been associated with this company since 19 years 1 month .

    23 Dec 2005

Frequently asked questions

  • Maarga Systems Private Limited was incorporated on 23 Dec 2005.

  • The authorized share capital of Maarga Systems Private Limited is ₹ 1.15 M and paid-up capital is ₹ 1.00 M.

  • Currently 2 directors are associated with Maarga Systems Private Limited.

    • Venkatesh Krishnamoorthy
    • Gayathri Viswanathan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maarga Systems Private Limited is 13A/209 Office A Ii Floor Kaashyap Enclave, Velachery Main Road India, Chennai City Corporation, Tamil Nadu, 600042.

  • The corporate identification number (CIN) of Maarga Systems Private Limited is U72200TN2005PTC058408 and the company number is 058408 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maarga Systems Private Limited is https://www.maargasystems.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Maarga Systems Private Limited has risen by 25.92%.

  • As Per 2023 financial reports, 38 employees are currently employed by Maarga Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Maarga Systems Private Limited has experienced an upsurge of 12.05%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Maarga Systems Private Limited amount to ₹ 1.23 Cr.

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

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