Systa Met India Private Limited

Manufactures engineering products such as shower hinges, brass castings, and bathroom accessories.

2016 | Jamnagar, Gujarat (India) | Active
Last Updated: October 24, 2024

Systa Met India Profile

Key Indicators

  • Authorised Capital ₹ 10.25 Cr
  • Paid Up Capital ₹ 10.25 Cr
  • Company Age 8 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 80.90 Cr
  • Satisfied Charges ₹ 13.73 Cr
  • Revenue Growth 18.63%
  • Profit Growth 84.90%
  • Ebitda 83.75%
  • Net Worth 12.11%
  • Total Assets 14.62%

About Systa Met India

Systa Met India Private Limited (SMIPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 November 2016 (Eight years and two months 6 days old ). Its registered office is in Jamnagar, Gujarat, India.

The Company is engaged in the Manufacturing 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 10.25 Cr and a paid-up capital of Rs 10.25 Cr.

The company currently has active open charges totaling ₹80.90 Cr. The company has closed loans amounting to ₹13.73 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dhiren Shah and Chetan Galaiya serve as directors at the Company.

Company Details

  • Location

    Jamnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27209GJ2016PTC094504

  • Company No.

    094504

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Nov 2016

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Machinery and Equipment

Who are the key members and board of directors at Systa Met India?

Board Members (2)

Name Designation Appointment Date Status
Dhiren Shah Country flag representing In Director 28-Nov-2016 Current
Chetan Galaiya Country flag representing In Director 28-Nov-2016 Current

Financial Performance of Systa Met India.

Systa Met India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.63% increase. The company also saw a substantial improvement in profitability, with a 84.9% increase in profit. The company's net worth Soared by an impressive increase of 12.11%.

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
18.63%
Revenue from Operations
18.79%
Total Assets
14.62%
Profit or Loss
84.90%
Net Worth
12.11%
EBITDA
83.75%

What is the Ownership and Shareholding Structure of Systa Met India?

In 2023, Systa Met India 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

₹80.90 Cr

Satisfied Charges

₹13.73 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 62.70 Cr
  • Standard Chartered Bank : 10.26 Cr
  • Sidbi : 4.55 Cr
  • Others : 3.39 Cr

Latest Charge Details

Date Lender Amount Status
06 Dec 2023 Hdfc Bank Limited ₹0.63 M Open
10 Oct 2023 Standard Chartered Bank ₹2.60 M Open
26 Jul 2023 Sidbi ₹4.55 Cr Open
03 Jun 2023 Standard Chartered Bank ₹10.00 Cr Open
27 May 2022 Hdfc Bank Limited ₹62.64 Cr Open

How Many Employees Work at Systa Met India?

Systa Met India has a workforce of 179 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 Systa Met India, 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 Systa Met India'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 Systa Met India

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 62.64 Cr registered on 27 May 2022 with Charge ID 100577944 was modified on 22 Aug 2024.

    22 Aug 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.06 Cr with Charge ID 100845389 was registered on 06 Dec 2023.

    06 Dec 2023

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 0.26 Cr with Charge ID 100800998 was registered on 10 Oct 2023.

    10 Oct 2023

  • Annual General Meeting

    Systa Met India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Sidbi amounted to Rs. 4.55 Cr with Charge ID 100779222 was registered on 26 Jul 2023.

    26 Jul 2023

  • Charges

    A charge with Standard Chartered Bank amounted to Rs. 10.00 Cr with Charge ID 100729563 was registered on 03 Jun 2023.

    03 Jun 2023

Frequently asked questions

  • Systa Met India Private Limited was incorporated on 28 Nov 2016.

  • The authorized share capital of Systa Met India Private Limited is ₹ 10.25 Cr and paid-up capital is ₹ 10.25 Cr.

  • Currently 2 directors are associated with Systa Met India Private Limited.

    • Dhiren Mansukh Shah
    • Chetan Nemchand Galaiya
  • As per Ministry of Corporate Affairs (Mca), the registered address of Systa Met India Private Limited is Plot-No. 590 Gidc Phase- Dared, - India, Jamnagar, Gujarat, 361005.

  • The corporate identification number (CIN) of Systa Met India Private Limited is U27209GJ2016PTC094504 and the company number is 094504 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Systa Met India Private Limited is https://www.systametindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Systa Met India Private Limited has risen by 18.63%.

  • As Per 2023 financial reports, 179 employees are currently employed by Systa Met India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Systa Met India Private Limited has experienced an upsurge of 12.11%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Systa Met India Private Limited amount to ₹ 80.90 Cr.

  • The most recent Balance Sheet for Systa Met India Private Limited was filed with the ROC on 31 Mar 2023.

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