Maveric Systems Profile
Key Indicators
- Authorised Capital ₹ 5.20 Cr
- Paid Up Capital ₹ 4.13 Cr
- Company Age 24 Year, 11 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 21.00 Cr
- Satisfied Charges ₹ 1.95 Cr
- Revenue Growth 21.55%
- Profit Growth 38.23%
- Ebitda 35.68%
- Net Worth 42.10%
- Total Assets 25.83%
About Maveric Systems
Maveric Systems Limited (MSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 June 2000 and has a history of 24 years and 11 months. Its registered office is in Kanchipuram, 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 5.20 Cr and a paid-up capital of Rs 4.13 Cr.
The company currently has active open charges totaling ₹21.00 Cr. The company has closed loans amounting to ₹1.95 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Maveric Systems Limited India are Venkatraman Srinivasan as CFO and Pratibha Sanghi as Company Secretary. Parthasarathy Srinivasan, Anil Sachdev, Venkatesh Padmanabhachari, and Seven other members serve as directors at the Company.
Company Details
- Location
Kanchipuram, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74140TN2000PLC045197
- Company No.
045197
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 Jun 2000
- Date of AGM
31 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Information Technology
Maveric Systems Limited
Explore comprehensive data for Maveric Systems Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Maveric Systems?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Venkatraman Srinivasan  | CFO | 22-Mar-2022 | Current |
| Pratibha Sanghi | Company Secretary | 18-Nov-2022 | Current |
Board Members (10)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rama Sivaraman | Director | 31-Mar-2022 | Current |
| Aravamudhan Parthasarathy | Director | 20-Feb-2020 | Current |
| Parthasarathy Srinivasan | Additional Director | 12-Feb-2024 | Current |
| Anil Sachdev | Additional Director | 12-Feb-2024 | Current |
| Venkatesh Padmanabhachari | Whole-Time Director | 24-Jun-2021 | Current |
| Mahesh Nott | Whole-Time Director | 01-Nov-2000 | Current |
Financial Performance of Maveric Systems.
Maveric Systems Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.55% increase. The company also saw a substantial improvement in profitability, with a 38.23% increase in profit. The company's net worth Soared by an impressive increase of 42.1%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Maveric Systems?
In 2023, Maveric Systems had a promoter holding of 55.95% and a public holding of 44.05%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Grow Talent Company LimitedAnil Sachdev and Arun Jain are mutual person
Imerit Technology Services Private LimitedParthasarathy Srinivasan is a mutual person
Intugine Technologies Private LimitedParthasarathy Srinivasan is a mutual person
Simyog Technology Private LimitedParthasarathy Srinivasan is a mutual person
Vunet Systems Private LimitedParthasarathy Srinivasan is a mutual person
General Aeronautics Private LimitedParthasarathy Srinivasan is a mutual person
Charges (Loans)
Open Charges
₹21.00 Cr
Satisfied Charges
₹1.95 Cr
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 15.00 Cr
- State Bank Of India : 6.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Feb 2016 | Citi Bank N.A. | ₹15.00 Cr | Open |
| 30 Mar 2004 | State Bank Of India | ₹6.00 Cr | Open |
| 25 Aug 2015 | Dbs Bank Ltd | ₹1.00 Cr | Satisfied |
| 31 Aug 2010 | Hdfc Bank Limited | ₹0.47 M | Satisfied |
| 21 Mar 2002 | State Bank Of India | ₹9.00 M | Satisfied |
How Many Employees Work at Maveric Systems?
Maveric Systems has a workforce of 2563 employees as of Apr 05, 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 Maveric 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 Maveric 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 Maveric Systems
Recent activity within the organization
- Director Appointment
Shaji Farooq was appointed as a Additional Director was appointed as a Additional Director on 23 May 2024 & has been associated with this company since 1 year .
- Director Appointment
Parthasarathy Namakal Srinivasan was appointed as a Additional Director was appointed as a Additional Director on 12 Feb 2024 & has been associated with this company since 1 year 3 months .
- Director Appointment
Anil Sachdev was appointed as a Additional Director was appointed as a Additional Director on 12 Feb 2024 & has been associated with this company since 1 year 3 months .
- Charges
A charge with State Bank Of India of Rs. 6.00 Cr registered on 30 Mar 2004 with Charge ID 90286126 was modified on 21 Aug 2023.
- Annual General Meeting
Maveric Systems Limited last Annual general meeting of members was held on 31 Jul 2023 as per latest MCA records.
- Balance Sheet
Maveric Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
Recent News, Updates & Announcement
- Technology solutions provider, Maveric Systems, appoints new executive director.
Muraleedhar Ramapai has worked in companies like Tesco and Altisource as well as start-up ventures such Analyttica Datalabs and Clairvolex IP. .
- Maveric Systems CEO Ranga Reddy: With 25% growth target, we are looking to expand in Europe, UK and US –.
Over the the next 24 months, we are looking to an overall growth of 25% with 30% growth in new service areas, says Ranga Reddy, CEO and Co-founder, Maveric Systems..
- Maveric Systems Aims to Double Revenue to Rs 650 Crore by 2021-22, Focusing on New Business Lines and Key Customers.
Maveric Systems wants to double its revenue to Rs 650 crore by 2021-22, with 45% coming from new business lines. They have been growing at a CAGR of 30% for the past two years and are on track to hit Rs 305 crore this year. They offer digital and data solutions for banking and financial services, and have identified 12 priority customers that account for 80% of their revenue..
Frequently asked questions
What is the Incorporation or founding date of Maveric Systems Limited?
Maveric Systems Limited was incorporated on 19 Jun 2000.
What is authorized share capital and paid-up capital of Maveric Systems Limited?
The authorized share capital of Maveric Systems Limited is ₹ 5.20 Cr and paid-up capital is ₹ 4.13 Cr.
Who are the current board members & directors of Maveric Systems Limited?
Currently 12 directors are associated with Maveric Systems Limited.
- Parthasarathy Namakal Srinivasan
- Anil Sachdev
- Venkatesh Padmanabhachari
- Mahesh Velliyur Nott
- Arun Jain
- Indupuri Ranga Reddy
- Subramanian Nurani Neelakantan
- Rama Sivaraman
- Aravamudhan Ramaswamy Parthasarathy
- Shaji Farooq
- Venkatraman Gopalasamudram Srinivasan
- Pratibha Sanghi
What is the registered address of Maveric Systems Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Maveric Systems Limited is 2Nd Floor Block 5 Dlf It Park 1/124 Nandambakkam Post Ramapuram, Mount Poon Amallee Rd India, Chennai, Tamil Nadu, 600089.
What is the corporate identification number (CIN) and company number of Maveric Systems Limited?
The corporate identification number (CIN) of Maveric Systems Limited is U74140TN2000PLC045197 and the company number is 045197 as per Ministry of Corporate Affairs (MCA).
What is the official website of Maveric Systems Limited?
The Official website of Maveric Systems Limited is https://www.maveric-systems.com
What has been the recent revenue trend for Maveric Systems Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Maveric Systems Limited has risen by 21.55%.
How many employees does Maveric Systems Limited currently have?
As Per 2023 financial reports, 2563 employees are currently employed by Maveric Systems Limited.
What change has been observed in the net worth of Maveric Systems Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Maveric Systems Limited has experienced an upsurge of 42.10%.
What are the total open charges for Maveric Systems Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Maveric Systems Limited amount to ₹ 21.00 Cr.
When was the last Balance Sheet of Maveric Systems Limited filed with the ROC?
The most recent Balance Sheet for Maveric Systems Limited was filed with the ROC on 31 Mar 2023.
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