Appify Systems Private Limited

Software development services for US-based holding company, founded in 2017.

2017 | Bangalore, Karnataka (India) | Active
Last Updated: July 06, 2024

Appify Systems Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 7 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 1.33%
  • Profit Growth 2.26%
  • Ebitda -3.98%
  • Net Worth 32.66%
  • Total Assets 70.56%

About Appify Systems

Appify Systems Private Limited (ASPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 November 2017 (Seven years and three months 8 days old ). Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Turbosystems Development 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 M and a paid-up capital of Rs 1.00 M, as per Ministry of Corporate Affairs (MCA) records.

Yoganarasimha Murthy, Anand Siddhakumar, and Narasimhan Subramanian serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2017PTC107590

  • Company No.

    107590

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Nov 2017

  • Date of AGM

    25 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 Appify Systems?

Board Members (3)

Name Designation Appointment Date Status
Anand Siddhakumar Country flag representing In Whole-Time Director 03-May-2019 Current
Yoganarasimha Murthy Additional Director 06-Mar-2024 Current
Narasimhan Subramanian Country flag representing In Director 01-Nov-2017 Current

Financial Performance of Appify Systems.

Appify Systems Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.33% increase. The company also saw a slight improvement in profitability, with a 2.26% increase in profit. The company's net worth Soared by an impressive increase of 32.66%.

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
1.33%
Revenue from Operations
0.79%
Total Assets
70.56%
Profit or Loss
2.26%
Net Worth
32.66%
EBITDA
-3.98%

What is the Ownership and Shareholding Structure of Appify Systems?

In 2022, Appify 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Appify Systems?

Appify Systems has a workforce of 17 employees as of Apr 08, 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 Appify 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 Appify 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 Appify Systems

Recent activity within the organization

  • Director Appointment

    Yoganarasimha Murthy was appointed as a Additional Director was appointed as a Additional Director on 06 Mar 2024 & has been associated with this company since 11 months 4 days .

    06 Mar 2024

  • Annual General Meeting

    Appify Systems Private Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.

    25 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Director Appointment

    Anand Kirtikar Siddhakumar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 03 May 2019 & has been associated with this company since 5 years 9 months .

    03 May 2019

  • Director Appointment

    Narasimhan Subramanian was appointed as a Director was appointed as a Director on 01 Nov 2017 & has been associated with this company since 7 years 3 months .

    01 Nov 2017

  • Company Incorporation

    Appify Systems Private Limited was registered on 01 Nov 2017 with Roc Bangalore & aged 7 years 3 months as per MCA records.

    01 Nov 2017

Frequently asked questions

  • Appify Systems Private Limited was incorporated on 01 Nov 2017.

  • The authorized share capital of Appify Systems Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

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

    • Yoganarasimha Murthy
    • Anand Kirtikar Siddhakumar
    • Narasimhan Subramanian
  • As per Ministry of Corporate Affairs (Mca), the registered address of Appify Systems Private Limited is No.43 Residency Road, Bangalore, Karnataka, India, 560025.

  • The corporate identification number (CIN) of Appify Systems Private Limited is U72900KA2017PTC107590 and the company number is 107590 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Appify Systems Private Limited is https://www.turbosystems.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Appify Systems Private Limited has risen by 1.33%.

  • As Per 2023 financial reports, 17 employees are currently employed by Appify Systems Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Appify Systems Private Limited has experienced an upsurge of 32.66%.

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

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