Systech Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 8.49 M
- Company Age 29 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 6.06 Cr
- Revenue Growth 49.46%
- Profit Growth 70.48%
- Ebitda 73.90%
- Net Worth -15.54%
- Total Assets -10.83%
About Systech Solutions
Systech Solutions Private Limited (SSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 December 1995 and has a history of 29 years and two months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Open Business Solutions India Private 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 1.00 Cr and a paid-up capital of Rs 8.49 M.
The company has closed loans amounting to ₹6.06 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Arun Gollapudi, Srinivasan Ramaswamy, and Suresh Perumal serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72300TN1995PTC033880
- Company No.
033880
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Dec 1995
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Who are the key members and board of directors at Systech Solutions?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Srinivasan Ramaswamy  | Managing Director | 14-Feb-2003 | Current |
Arun Gollapudi  | Managing Director | 14-Feb-2003 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Perumal  | Director | 17-Jul-2019 | Current |
Financial Performance of Systech Solutions.
Systech Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.46% increase. The company also saw a substantial improvement in profitability, with a 70.48% increase in profit. The company's net worth observed a substantial decline by a decrease of 15.54%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Systech Solutions?
In 2023, Systech Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Inflexion Analytix Private LimitedSuresh Perumal is a mutual person
Terraspace Eservices Private LimitedArun Gollapudi, Srinivasan Ramaswamy and 1 more are mutual person
Charges (Loans)
₹0
₹6.06 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 6.00 Cr
- Icici Bank Limited : 0.06 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Mar 2008 | Hdfc Bank Limited | ₹3.00 Cr | Satisfied |
| 31 Dec 2007 | Hdfc Bank Limited | ₹3.00 Cr | Satisfied |
| 13 Dec 2005 | Icici Bank Limited | ₹0.60 M | Satisfied |
How Many Employees Work at Systech Solutions?
Systech Solutions has a workforce of 361 employees as of Apr 03, 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 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 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.
