Piitech Systems Private Limited

Design and development services for embedded systems, including hardware, software, and customizable products.

2013 | Bangaluru, Karnataka (India) | Active
Last Updated:

Piitech Systems Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.35 M
  • Company Age 11 Year, 4 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth -72.73%
  • Profit Growth -55.86%
  • Ebitda 73.52%
  • Net Worth 1.88%
  • Total Assets 1.79%

About Piitech Systems

Piitech Systems Private Limited (PSPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 November 2013 and has a history of 11 years and four months. Its registered office is in Bangaluru, Karnataka, 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 2022. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.35 M, as per Ministry of Corporate Affairs (MCA) records.

Nagesh Rangappan, Rajaram Shastri, and Venkatakrishna Araveti serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2013PTC071682

  • Company No.

    071682

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Nov 2013

  • Date of AGM

    24 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

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

Board Members (3)

NameDesignationAppointment DateStatus
Venkatakrishna Araveti Country flag representing In Director 05-Nov-2013Current
Rajaram Shastri Country flag representing In Director 01-Sep-2015Current
Nagesh Rangappan Country flag representing In Director 10-Oct-2015Current

Financial Performance of Piitech Systems.

Piitech Systems Private Limited, for the financial year ended 2019, experienced significant reduction in revenue, with a 72.73% decrease. The company also saw a substantial fall in profitability, with a 55.86% decrease in profit. The company's net worth moved up by a moderate rise of 1.88%.

Piitech Systems revenue growth over time
Piitech 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
-72.73%
Revenue from Operations
Total Assets
1.79%
Profit or Loss
-55.86%
Net Worth
1.88%
EBITDA
73.52%

What is the Ownership and Shareholding Structure of Piitech Systems?

In 2019, Piitech Systems had a promoter holding of 71.43% and a public holding of 28.57%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Piitech Systems?

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

Employee growth trends for Piitech Systems Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Piitech Systems Private Limited last Annual general meeting of members was held on 24 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Piitech Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.

  • Director Appointment

    Nagesh Rangappan was appointed as a Director was appointed as a Director on 10 Oct 2015 & has been associated with this company since 9 years 4 months .

  • Director Appointment

    Rajaram Ganesh Shastri was appointed as a Director was appointed as a Director on 01 Sep 2015 & has been associated with this company since 9 years 6 months .

  • Director Appointment

    Venkatakrishna Araveti was appointed as a Director was appointed as a Director on 05 Nov 2013 & has been associated with this company since 11 years 4 months .

  • Company Incorporation

    Piitech Systems Private Limited was registered on 05 Nov 2013 with Roc Bangalore & aged 11 years 4 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Piitech Systems Private Limited?

    Piitech Systems Private Limited was incorporated on 05 Nov 2013.

  • What is authorized share capital and paid-up capital of Piitech Systems Private Limited?

    The authorized share capital of Piitech Systems Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.35 M.

  • Who are the current board members & directors of Piitech Systems Private Limited?

    Currently 3 directors are associated with Piitech Systems Private Limited.

    • Nagesh Rangappan
    • Rajaram Ganesh Shastri
    • Venkatakrishna Araveti

  • What is the registered address of Piitech Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Piitech Systems Private Limited is 730 8Th Cross, 10Th Main Hal Ii Stage India, Bangalore, Karnataka, 560008.

  • What is the corporate identification number (CIN) and company number of Piitech Systems Private Limited?

    The corporate identification number (CIN) of Piitech Systems Private Limited is U72200KA2013PTC071682 and the company number is 071682 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Piitech Systems Private Limited?

    The Official website of Piitech Systems Private Limited is https://www.piitechsystems.com

  • What has been the recent revenue trend for Piitech Systems Private Limited?

    According to the financial reports for the fiscal year 2019, the revenue trend for Piitech Systems Private Limited has fallen by -72.73%.

  • What change has been observed in the net worth of Piitech Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2019 indicates that The net worth of Piitech Systems Private Limited has experienced an upsurge of 1.88%.

  • When was the last Balance Sheet of Piitech Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for Piitech Systems Private Limited was filed with the ROC on 31 Mar 2022.

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