Techware Systems Private Limited

Founded in 2011 and headquartered in Tamil Nadu, India.

2011 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 28, 2024

Techware Systems Profile

Key Indicators

  • Authorised Capital ₹ 4.81 Cr
  • Paid Up Capital ₹ 3.46 Cr
  • Company Age 13 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 4.06 Cr
  • Revenue Growth -54.57%
  • Profit Growth 59.58%
  • Ebitda -79.00%
  • Net Worth 14.54%
  • Total Assets 14.62%

About Techware Systems

Techware Systems Private Limited (TSPL) is a Private Limited Indian Non-Government Company incorporated in India on 03 November 2011 and has a history of 13 years and three months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Lab Electronics Private Limited. The Company is engaged in the Aerospace, Maritime And Defense 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 4.81 Cr and a paid-up capital of Rs 3.46 Cr.

The company currently has active open charges totaling ₹4.06 Cr.

Udayashankar Kuruganti, Vijayashree, Venkatasrinath Kuruganti, and One other member serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    techwaresystems.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U32300TN2011PTC082981

  • Company No.

    082981

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Nov 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Aerospace, Maritime and Defense

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

Board Members (4)

Name Designation Appointment Date Status
Udayashankar Kuruganti Country flag representing In Director 03-Nov-2011 Current
Vijayashree Country flag representing In Director 03-Nov-2011 Current
Venkatasrinath Kuruganti Country flag representing In Director 16-Oct-2014 Current
Visweswar Maganty Country flag representing In Director 29-Dec-2022 Current

Financial Performance of Techware Systems.

Techware Systems Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 54.57% decrease. The company also saw a substantial improvement in profitability, with a 59.58% increase in profit. The company's net worth Soared by an impressive increase of 14.54%.

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
-54.57%
Revenue from Operations
-55.80%
Total Assets
14.62%
Profit or Loss
59.58%
Net Worth
14.54%
EBITDA
-79.00%

What is the Ownership and Shareholding Structure of Techware Systems?

In 2021, Techware Systems 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

₹4.06 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Indian Bank : 4.06 Cr

Latest Charge Details

Date Lender Amount Status
06 Nov 2024 Indian Bank ₹1.00 Cr Open
24 May 2023 Indian Bank ₹7.50 M Open
27 Feb 2023 Indian Bank ₹4.69 M Open
27 Nov 2015 Indian Bank ₹1.84 Cr Open

How Many Employees Work at Techware Systems?

Unlock and access historical data on people associated with Techware Systems, 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 Techware Systems, 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 Techware Systems'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 Techware Systems

Recent activity within the organization

  • Charges

    A charge with Indian Bank amounted to Rs. 1.00 Cr with Charge ID 101011662 was registered on 06 Nov 2024.

    06 Nov 2024

  • Annual General Meeting

    Techware Systems 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 Indian Bank amounted to Rs. 0.75 Cr with Charge ID 100724115 was registered on 24 May 2023.

    24 May 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Indian Bank of Rs. 1.84 Cr registered on 27 Nov 2015 with Charge ID 10624208 was modified on 28 Feb 2023.

    28 Feb 2023

  • Charges

    A charge with Indian Bank amounted to Rs. 0.47 Cr with Charge ID 100685084 was registered on 27 Feb 2023.

    27 Feb 2023

Frequently asked questions

  • Techware Systems Private Limited was incorporated on 03 Nov 2011.

  • The authorized share capital of Techware Systems Private Limited is ₹ 4.81 Cr and paid-up capital is ₹ 3.46 Cr.

  • Currently 4 directors are associated with Techware Systems Private Limited.

    • Udayashankar Kuruganti
    • Vijayashree
    • Venkatasrinath Kuruganti
    • Visweswar Prasad Maganty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Techware Systems Private Limited is Old-27 New-5 2Nd Floor 10Th Avenue, Ashok Nagar India, Chennai, Tamil Nadu, 600083.

  • The corporate identification number (CIN) of Techware Systems Private Limited is U32300TN2011PTC082981 and the company number is 082981 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Techware Systems Private Limited is https://www.techwaresystems.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Techware Systems Private Limited has fallen by -54.57%.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Techware Systems Private Limited has experienced an upsurge of 14.54%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Techware Systems Private Limited amount to ₹ 4.06 Cr.

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

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