Maveric Systems Limited

Software testing company providing QA, performance testing, automation, and process improvement services globally.

2000 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated:

Maveric Systems Profile

Key Indicators

  • Authorised Capital ₹ 5.20 Cr
  • Paid Up Capital ₹ 4.13 Cr
  • Company Age 24 Year, 10 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 ten 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
Company report

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)

NameDesignationAppointment DateStatus
Venkatraman Srinivasan Country flag representing In CFO22-Mar-2022Current
Pratibha Sanghi Country flag representing In Company Secretary18-Nov-2022Current

Board Members (10)

NameDesignationAppointment DateStatus
Rama Sivaraman Country flag representing In Director 31-Mar-2022Current
Aravamudhan Parthasarathy Country flag representing In Director 20-Feb-2020Current
Parthasarathy Srinivasan Country flag representing In Additional Director 12-Feb-2024Current
Anil Sachdev Country flag representing In Additional Director 12-Feb-2024Current
Venkatesh Padmanabhachari Country flag representing In Whole-Time Director 24-Jun-2021Current
Mahesh Nott Country flag representing In Whole-Time Director 01-Nov-2000Current

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%.

Maveric Systems revenue growth over time
Maveric Systems 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
21.55%
Revenue from Operations
21.63%
Total Assets
25.83%
Profit or Loss
38.23%
Net Worth
42.10%
EBITDA
35.68%

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.

Shareholding Indicator graph

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

DateLenderAmountStatus
16 Feb 2016Citi Bank N.A.₹15.00 CrOpen
30 Mar 2004State Bank Of India₹6.00 CrOpen
25 Aug 2015Dbs Bank Ltd₹1.00 CrSatisfied
31 Aug 2010Hdfc Bank Limited₹0.47 MSatisfied
21 Mar 2002State Bank Of India₹9.00 MSatisfied

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.

Employee growth trends for Maveric Systems Limited

Deals i

Graph showing company valuation over time

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

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 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 11 months 19 days .

  • 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 2 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 2 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

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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