Netgrow Systems Private Limited

Develops mobile, cloud, animation, and web applications for businesses and individuals.

2009 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 13, 2024

Netgrow Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 16 Year,
  • Last Filing with ROC 31 Mar 2019
  • Open Charges ₹ 2.50 M
  • Revenue Growth -2.79%
  • Profit Growth 21.70%
  • Ebitda 0.99%
  • Net Worth 17.76%
  • Total Assets 29.70%

About Netgrow Systems

Netgrow Systems Private Limited (NSPL) is a Private Limited Indian Non-Government Company incorporated in India on 13 February 2009 and has a history of 16 years. 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 2019. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹2.50 M.

Revathy and Andithevar Murugan serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    netgrowsystems.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200TN2009PTC070732

  • Company No.

    070732

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Feb 2009

  • Date of AGM

    30 Sep 2019

  • Date of Balance Sheet

    31 Mar 2019

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

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

Board Members (2)

Name Designation Appointment Date Status
Revathy Country flag representing In Director 13-Feb-2009 Current
Andithevar Murugan Country flag representing In Director 01-Jun-2020 Current

Financial Performance of Netgrow Systems.

Netgrow Systems Private Limited, for the financial year ended 2019, experienced Minor drop in revenue, with a 2.79% decrease. The company also saw a substantial improvement in profitability, with a 21.7% increase in profit. The company's net worth Soared by an impressive increase of 17.76%.

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
-2.79%
Revenue from Operations
-4.16%
Total Assets
29.70%
Profit or Loss
21.70%
Net Worth
17.76%
EBITDA
0.99%

What is the Ownership and Shareholding Structure of Netgrow Systems?

In 2019, Netgrow 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

₹2.50 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 0.25 Cr

Latest Charge Details

Date Lender Amount Status
14 Mar 2015 City Union Bank Limited ₹0.50 M Open
04 Jun 2013 City Union Bank Limited ₹2.00 M Open

How Many Employees Work at Netgrow Systems?

Unlock and access historical data on people associated with Netgrow Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Netgrow 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 Netgrow 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 Netgrow Systems

Recent activity within the organization

  • Director Appointment

    Andithevar Murugan was appointed as a Director was appointed as a Director on 01 Jun 2020 & has been associated with this company since 4 years 8 months .

    01 Jun 2020

  • Annual General Meeting

    Netgrow Systems Private Limited last Annual general meeting of members was held on 30 Sep 2019 as per latest MCA records.

    30 Sep 2019

  • Balance Sheet

    Netgrow Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2019 with Roc Chennai.

    31 Mar 2019

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 0.50 M with Charge ID 10575590 was registered on 14 Mar 2015.

    14 Mar 2015

  • Charges

    A charge with City Union Bank Limited of Rs. 2.00 M registered on 04 Jun 2013 with Charge ID 10439753 was modified on 14 Mar 2015.

    14 Mar 2015

  • Charges

    A charge with City Union Bank Limited amounted to Rs. 2.00 M with Charge ID 10439753 was registered on 04 Jun 2013.

    04 Jun 2013

Frequently asked questions

  • Netgrow Systems Private Limited was incorporated on 13 Feb 2009.

  • The authorized share capital of Netgrow Systems Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.20 M.

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

    • Revathy
    • Andithevar Murugan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Netgrow Systems Private Limited is G5 Surya Apartments Central Avenue, Kodambakkam India, Chennai, Tamil Nadu, 600024.

  • The corporate identification number (CIN) of Netgrow Systems Private Limited is U72200TN2009PTC070732 and the company number is 070732 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Netgrow Systems Private Limited is https://www.netgrowsystems.com

  • According to the financial reports for the fiscal year 2019, the revenue trend for Netgrow Systems Private Limited has fallen by -2.79%.

  • The financial reports for the fiscal year 2019 indicates that The net worth of Netgrow Systems Private Limited has experienced an upsurge of 17.76%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Netgrow Systems Private Limited amount to ₹ 2.50 M.

  • The most recent Balance Sheet for Netgrow Systems Private Limited was filed with the ROC on 31 Mar 2019.

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