Solid State Systems Private Limited

Manufacturer of metalized polypropylene film capacitors for various appliances, with global exports and quality certifications.

1972 | Bangaluru, Karnataka (India) | Active
Last Updated: October 24, 2024

Solid State Systems Profile

Key Indicators

  • Authorised Capital ₹ 7.00 Cr
  • Paid Up Capital ₹ 6.24 M
  • Company Age 52 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 10.86 Cr
  • Satisfied Charges ₹ 15.97 Cr
  • Revenue Growth -4.23%
  • Profit Growth -241.27%
  • Ebitda -76.29%
  • Net Worth -53.15%
  • Total Assets -8.12%

About Solid State Systems

Solid State Systems Private Limited (SSSPL) was founded in India on 30 March 1972 and has a glorious history of 52 years and ten 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 2024. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 6.24 M.

The company currently has active open charges totaling ₹10.86 Cr. The company has closed loans amounting to ₹15.97 Cr, as per Ministry of Corporate Affairs (MCA) records.

Naushad Hasan and Shahrookh Khan serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909KA1972PTC002179

  • Company No.

    002179

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 1972

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Solid State Systems Private Limited offer?

Solid State Systems Private Limited offers a wide range of products and services, including Resistors & Other Passive Devices, Capacitor, Motor Run Capacitors, Film Capacitors, Capacitor Part, Motor Capacitor, AC Capacitor, Natural and Synthetic Resins, Resins.

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

Executive Team (1)

Name Designation Appointment Date Status
Naushad Hasan Country flag representing In Managing Director 10-Oct-2005 Current

Board Members (1)

Name Designation Appointment Date Status
Shahrookh Khan Country flag representing In Additional Director Current

Financial Performance of Solid State Systems.

Solid State Systems Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.23% decrease. The company also saw a substantial fall in profitability, with a 241.27% decrease in profit. The company's net worth observed a substantial decline by a decrease of 53.15%.

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
-4.23%
Revenue from Operations
-3.86%
Total Assets
-8.12%
Profit or Loss
-241.27%
Net Worth
-53.15%
EBITDA
-76.29%

What is the Ownership and Shareholding Structure of Solid State Systems?

In 2023, Solid State 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

₹10.86 Cr

Satisfied Charges

₹15.97 Cr

Charges Breakdown by Lending Institutions

  • Others : 10.86 Cr

Latest Charge Details

Date Lender Amount Status
09 Jan 2017 Others ₹10.86 Cr Open
07 Oct 2016 Others ₹5.00 M Satisfied
29 Jul 2013 Karnataka State Financial Corporation ₹1.00 Cr Satisfied
24 Dec 2012 Karnataka State Financial Corporation ₹7.50 M Satisfied
21 Jul 2010 Karnataka State Financial Corporation ₹1.00 Cr Satisfied

How Many Employees Work at Solid State Systems?

Solid State Systems has a workforce of 40 employees as of Apr 08, 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 Solid State 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 Solid State 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 Solid State Systems

Recent activity within the organization

  • Annual General Meeting

    Solid State Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Solid State Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Charges

    A charge with Others of Rs. 10.86 Cr registered on 09 Jan 2017 with Charge ID 100088361 was modified on 30 Jun 2022.

    30 Jun 2022

  • Charges

    A charge registered on 07 Oct 2016 via Charge ID 100059656 with Others was fully satisfied on 29 Jan 2019.

    29 Jan 2019

  • Charges

    A charge registered on 24 Dec 2012 via Charge ID 10395784 with Karnataka State Financial Corporation was fully satisfied on 29 Jan 2019.

    29 Jan 2019

  • Charges

    A charge registered on 06 Jun 1987 via Charge ID 90193301 with State Bank Of India was fully satisfied on 20 Mar 2017.

    20 Mar 2017

Frequently asked questions

  • Solid State Systems Private Limited was incorporated on 30 Mar 1972.

  • The authorized share capital of Solid State Systems Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 6.24 M.

  • Currently 2 directors are associated with Solid State Systems Private Limited.

    • Naushad Hasan
    • Shahrookh Hasan Khan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Solid State Systems Private Limited is Solid State Systems Private Limited No.38-A/1, Kiadb Industrial Area India, Hoskote, Karnataka, 562114.

  • The corporate identification number (CIN) of Solid State Systems Private Limited is U51909KA1972PTC002179 and the company number is 002179 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Solid State Systems Private Limited is https://www.syscapindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Solid State Systems Private Limited has fallen by -4.23%.

  • As Per 2023 financial reports, 40 employees are currently employed by Solid State Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Solid State Systems Private Limited has experienced an downturn of -53.15%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Solid State Systems Private Limited amount to ₹ 10.86 Cr.

  • The most recent Balance Sheet for Solid State Systems Private Limited was filed with the ROC on 31 Mar 2024.

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