Systech Services Private Limited

Founded in 2008 and headquartered in Karnataka, India.

2008 | Bangaluru, Karnataka (India) | Active
Last Updated: November 17, 2024

Systech Services Profile

Key Indicators

  • Authorised Capital ₹ 3.60 M
  • Paid Up Capital ₹ 3.60 M
  • Company Age 16 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 15.85 Cr
  • Satisfied Charges ₹ 7.00 Cr
  • Revenue Growth 140.06%
  • Profit Growth 92.26%
  • Ebitda 70.62%
  • Net Worth 14.77%
  • Total Assets 19.41%

About Systech Services

Systech Services Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 March 2008 and has a history of 16 years and ten months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as Systech Services Limited. 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 3.60 M and a paid-up capital of Rs 3.60 M.

The company currently has active open charges totaling ₹15.85 Cr. The company has closed loans amounting to ₹7.00 Cr, as per Ministry of Corporate Affairs (MCA) records.


Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2008PTC045743

  • Company No.

    045743

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Mar 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Systech Services?

Executive Team (1)

Name Designation Appointment Date Status
Vanishri Kumar Country flag representing In Managing Director 03-Oct-2009 Current

Board Members (2)

Name Designation Appointment Date Status
Nonavinakere Vasuki Country flag representing In Director 30-Mar-2015 Current
Navarathna Sunilkumar Country flag representing In Director 01-Nov-2010 Current

Financial Performance of Systech Services.

Systech Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 140.06% increase. The company also saw a substantial improvement in profitability, with a 92.26% increase in profit. The company's net worth Soared by an impressive increase of 14.77%.

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
140.06%
Revenue from Operations
140.44%
Total Assets
19.41%
Profit or Loss
92.26%
Net Worth
14.77%
EBITDA
70.62%

What is the Ownership and Shareholding Structure of Systech Services?

In 2023, Systech Services 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

₹158.51 M

Satisfied Charges

₹70.00 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 8.85 Cr
  • Others : 4.00 Cr
  • Tata Capital Financial Services Limited : 3.00 Cr

Latest Charge Details

Date Lender Amount Status
13 Jun 2024 Canara Bank ₹2.56 M Open
15 Nov 2022 Tata Capital Financial Services Limited ₹3.00 Cr Open
30 Nov 2020 Others ₹4.00 Cr Open
05 May 2011 Canara Bank ₹0.60 M Open
21 Oct 2010 Canara Bank ₹0.35 M Open

How Many Employees Work at Systech Services?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Systech Services, 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 Services'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 Systech Services

Recent activity within the organization

  • Charges

    A charge with Canara Bank amounted to Rs. 2.56 M with Charge ID 100964958 was registered on 13 Jun 2024.

    13 Jun 2024

  • Annual General Meeting

    Systech Services 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 registered on 09 Sep 2022 via Charge ID 100615316 with Others was fully satisfied on 12 Aug 2023.

    12 Aug 2023

  • Charges

    A charge registered on 23 Dec 2020 via Charge ID 100404155 with Others was fully satisfied on 12 Jul 2023.

    12 Jul 2023

  • Charges

    A charge with Canara Bank of Rs. 85.00 M registered on 29 Mar 2010 with Charge ID 10215436 was modified on 30 Jun 2023.

    30 Jun 2023

  • Balance Sheet

    Systech Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Systech Services Private Limited was incorporated on 25 Mar 2008.

  • The authorized share capital of Systech Services Private Limited is ₹ 3.60 M and paid-up capital is ₹ 3.60 M.

  • Currently 3 directors are associated with Systech Services Private Limited.

    • Nonavinakere Sreenivasa Iyengar Vasuki
    • Navarathna Badarinath Sunilkumar
    • Vanishri Anil Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Systech Services Private Limited is No. 554, 1St Floor 3Rd Poornaprajna Amitha Complex Uttarhalli Kengeri Main Road Nagar India, Bangalore South, Karnataka, 560061.

  • The corporate identification number (CIN) of Systech Services Private Limited is U72200KA2008PTC045743 and the company number is 045743 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Systech Services Private Limited is https://www.teamsystech.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Systech Services Private Limited has risen by 140.06%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Systech Services Private Limited has experienced an upsurge of 14.77%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Systech Services Private Limited amount to ₹ 15.85 Cr.

  • The most recent Balance Sheet for Systech Services Private Limited was filed with the ROC on 31 Mar 2023.

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