Systech It Solutions Profile
Key Indicators
- Authorised Capital ₹ 5.50 Cr
as on 26-11-2024
- Paid Up Capital ₹ 4.93 Cr
as on 26-11-2024
- Company Age 14 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 193.53 Cr
as on 26-11-2024
- Satisfied Charges ₹ 20.00 Cr
as on 26-11-2024
- Revenue 15.14%
(FY 2023)
- Profit 9.41%
(FY 2023)
- Ebitda -549.36%
(FY 2023)
- Net Worth 28.11%
(FY 2023)
- Total Assets 16.05%
(FY 2023)
About Systech It Solutions
The Company is engaged in the Consumer Electronics & Durables 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 5.50 Cr and a paid-up capital of Rs 4.93 Cr.
The company currently has active open charges totaling ₹193.53 Cr. The company has closed loans amounting to ₹20.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Systech It Solutions Limited India are Amit Kothari as CFO and Amey Saharkar as Company Secretary. Abhishek Jain, Amit Kothari, Archit Jain, and Three other members serve as directors at the Company.
- CIN/LLPIN
U72200KA2010PLC053310
- Company No.
053310
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
20 Apr 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Systech It Solutions?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Abhishek Jain  | Managing Director | 20-Apr-2010 | Current |
| Amit Kothari | CFO | 15-Apr-2024 | Current |
| Amey Saharkar | Company Secretary | 01-Feb-2024 | Current |
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amit Kothari | Director | 20-Apr-2010 | Current |
| Archit Jain | Director | 07-Oct-2023 | Current |
| Vinit Kothari | Director | 07-Oct-2023 | Current |
| Rahul Shukla | Director | 05-Feb-2024 | Current |
| Payal Prakashjain | Director | 05-Feb-2024 | Current |
Financial Performance of Systech It Solutions.
Systech It Solutions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.14% increase. The company also saw a slight improvement in profitability, with a 9.41% increase in profit. The company's net worth Soared by an impressive increase of 28.11%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Systech It Solutions?
In 2023, Systech It Solutions had a promoter holding of 99.98% and a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Qcs Communication Technologies Private LimitedActive 10 years 6 monthsAbhishek Jain is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 12 Aug 2024 | ₹11.50 Cr | Open |
State Bank Of India Creation Date: 30 Sep 2023 | ₹13.00 Cr | Open |
Others Creation Date: 03 Feb 2023 | ₹4.00 Cr | Open |
How Many Employees Work at Systech It Solutions?
Systech It Solutions has a workforce of 45 employees as of Nov 26, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Systech It Solutions, 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 Systech It Solutions's trajectory.
Rating
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
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.
