Process Ware Systems Private Limited

IT company providing comprehensive solutions for financial institutions, aerospace, healthcare, education, energy, and banking sectors.

1988 | Bangalore, Karnataka (India) | Active
Last Updated: January 20, 2025

Process Ware Systems Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 6.61 M
  • Company Age 36 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.28 Cr
  • Satisfied Charges ₹ 2.20 M
  • Revenue Growth 22.52%
  • Profit Growth 88.67%
  • Ebitda -55.97%
  • Net Worth 42.68%
  • Total Assets 26.43%

About Process Ware Systems

Process Ware Systems Private Limited (PWSPL) is a leading Private Limited Foreign Company Incorporated In India incorporated in India on 20 December 1988 and has a history of 36 years and one month. Its registered office is in Bangalore, 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 2023. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 6.61 M.

The company currently has active open charges totaling ₹3.28 Cr. The company has closed loans amounting to ₹2.20 M, as per Ministry of Corporate Affairs (MCA) records.

Gurumurthy Rammurthy and Krishnappa Swarnalatha serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U85110KA1988FTC009701

  • Company No.

    009701

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    20 Dec 1988

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Process Ware Systems Private Limited offer?

Process Ware Systems Private Limited offers a wide range of products and services, including Data Entry & Data Processing Service, Data Management, Banks and Banking Services, Banking Service, Corporate Finance & Leasing Advisors, Financial Service, IT, Networking & Automation Solution, IT Solutions, Software Development & IT Consultant, Software Consulting Service.

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

Board Members (2)

Name Designation Appointment Date Status
Gurumurthy Rammurthy Country flag representing In Director 03-Aug-1999 Current
Krishnappa Swarnalatha Country flag representing In Director 01-Jan-2006 Current

Financial Performance of Process Ware Systems.

Process Ware Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.52% increase. The company also saw a substantial improvement in profitability, with a 88.67% increase in profit. The company's net worth Soared by an impressive increase of 42.68%.

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
22.52%
Revenue from Operations
22.50%
Total Assets
26.43%
Profit or Loss
88.67%
Net Worth
42.68%
EBITDA
-55.97%

What is the Ownership and Shareholding Structure of Process Ware Systems?

In 2023, Process Ware Systems had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹32.80 M

Satisfied Charges

₹2.20 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 3.28 Cr

Latest Charge Details

Date Lender Amount Status
12 Jun 2020 State Bank Of India ₹0.80 M Open
03 Jun 2020 State Bank Of India ₹1.00 M Open
17 Jan 2009 State Bank Of India ₹3.10 Cr Open
29 Dec 2004 State Bank Of Mysore ₹2.20 M Satisfied

How Many Employees Work at Process Ware Systems?

Process Ware Systems has a workforce of 148 employees as of Apr 04, 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 Process Ware 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 Process Ware 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 Process Ware Systems

Recent activity within the organization

  • Annual General Meeting

    Process Ware Systems Private Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.

    28 Sep 2023

  • Charges

    A charge with State Bank Of India of Rs. 31.00 M registered on 17 Jan 2009 with Charge ID 10137499 was modified on 18 Aug 2023.

    18 Aug 2023

  • Charges

    A charge registered on 29 Dec 2004 via Charge ID 80006548 with State Bank Of Mysore was fully satisfied on 06 May 2023.

    06 May 2023

  • Balance Sheet

    Process Ware Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 0.80 M with Charge ID 100399123 was registered on 12 Jun 2020.

    12 Jun 2020

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.00 M with Charge ID 100399126 was registered on 03 Jun 2020.

    03 Jun 2020

Frequently asked questions

  • Process Ware Systems Private Limited was incorporated on 20 Dec 1988.

  • The authorized share capital of Process Ware Systems Private Limited is ₹ 7.50 M and paid-up capital is ₹ 6.61 M.

  • Currently 2 directors are associated with Process Ware Systems Private Limited.

    • Gurumurthy Rammurthy
    • Krishnappa Subramanyam Swarnalatha
  • As per Ministry of Corporate Affairs (Mca), the registered address of Process Ware Systems Private Limited is No 33, Patalamma Temple Street Basavanagudi India, Bangalore, Karnataka, 560004.

  • The corporate identification number (CIN) of Process Ware Systems Private Limited is U85110KA1988FTC009701 and the company number is 009701 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Process Ware Systems Private Limited is https://www.processwaresystems.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Process Ware Systems Private Limited has risen by 22.52%.

  • As Per 2023 financial reports, 148 employees are currently employed by Process Ware Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Process Ware Systems Private Limited has experienced an upsurge of 42.68%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Process Ware Systems Private Limited amount to ₹ 3.28 Cr.

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