Systems Plus Private Limited

IT consulting and strategy services, mobility and application development, and IT infrastructure management.

1984 | Mumbai, Maharashtra (India) | Active
Last Updated: January 29, 2025

Systems Plus Profile

Key Indicators

  • Authorised Capital ₹ 1.05 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 40 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.00 Cr
  • Satisfied Charges ₹ 2.50 M
  • Revenue Growth 57.34%
  • Profit Growth 7.82%
  • Ebitda 15.00%
  • Net Worth 48.48%
  • Total Assets 49.35%

About Systems Plus

Systems Plus Private Limited (SPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 February 1984 and has a history of 40 years and 11 months. Its registered office is in Mumbai, Maharashtra, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.05 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹6.00 Cr. The company has closed loans amounting to ₹2.50 M, as per Ministry of Corporate Affairs (MCA) records.

Nikunj Jhaveri, Kanan Jhaveri, and Sapan Choksi serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72300MH1984PTC031974

  • Company No.

    031974

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Feb 1984

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Information Technology

What products or services does Systems Plus Private Limited offer?

Systems Plus Private Limited offers a wide range of products and services, including Computer and Networking Solutions, IT Infrastructure Solution, Business Planning and Management, Business Consultant, IT, Networking & Automation Solution, IT Consultancy.

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

Board Members (3)

Name Designation Appointment Date Status
Nikunj Jhaveri Country flag representing In Director 14-Dec-2021 Current
Kanan Jhaveri Country flag representing In Director 14-Dec-1992 Current
Sapan Choksi Country flag representing Us Director 16-Apr-2018 Current

Financial Performance of Systems Plus.

Systems Plus Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 57.34% increase. The company also saw a slight improvement in profitability, with a 7.82% increase in profit. The company's net worth Soared by an impressive increase of 48.48%.

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
57.34%
Revenue from Operations
57.17%
Total Assets
49.35%
Profit or Loss
7.82%
Net Worth
48.48%
EBITDA
15.00%

What is the Ownership and Shareholding Structure of Systems Plus?

In 2023, Systems Plus 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

₹6.00 Cr

Satisfied Charges

₹0.25 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 6.00 Cr

Latest Charge Details

Date Lender Amount Status
16 Feb 2016 Axis Bank Limited ₹1.50 Cr Open
12 Oct 2012 Axis Bank Limited ₹4.50 Cr Open
20 Jun 2002 Vijaya Bank ₹1.00 M Satisfied
07 Jun 2002 Vijaya Bank ₹1.50 M Satisfied

How Many Employees Work at Systems Plus?

Systems Plus has a workforce of 554 employees as of Mar 28, 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 Systems Plus, 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 Systems Plus'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 Systems Plus

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 1.50 Cr registered on 16 Feb 2016 with Charge ID 100039864 was modified on 22 Oct 2023.

    22 Oct 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 4.50 Cr registered on 12 Oct 2012 with Charge ID 10389526 was modified on 22 Oct 2023.

    22 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Systems Plus Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Director Appointment

    Nikunj Pravin Jhaveri was appointed as a Director was appointed as a Director on 14 Dec 2021 & has been associated with this company since 3 years 1 month .

    14 Dec 2021

  • Director Appointment

    Sapan Choksi was appointed as a Director was appointed as a Director on 16 Apr 2018 & has been associated with this company since 6 years 9 months .

    16 Apr 2018

Frequently asked questions

  • Systems Plus Private Limited was incorporated on 03 Feb 1984.

  • The authorized share capital of Systems Plus Private Limited is ₹ 1.05 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 3 directors are associated with Systems Plus Private Limited.

    • Nikunj Pravin Jhaveri
    • Kanan Nikunj Jhaveri
    • Sapan Choksi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Systems Plus Private Limited is E-12-Acommerce Center Tardeo India, Mumbai, Maharashtra, 400034.

  • The corporate identification number (CIN) of Systems Plus Private Limited is U72300MH1984PTC031974 and the company number is 031974 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Systems Plus Private Limited is https://www.systems-plus.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Systems Plus Private Limited has risen by 57.34%.

  • As Per 2023 financial reports, 554 employees are currently employed by Systems Plus Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Systems Plus Private Limited has experienced an upsurge of 48.48%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Systems Plus Private Limited amount to ₹ 6.00 Cr.

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