Priva Systems Private Limited
About Priva Systems Private Limited
Data last updated:
Priva Systems Private Limited was a private limited company based in Surat, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 14 July 2010.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29221GJ2010PTC061581. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Vasav Subhashchandra Patel and Priti Yogeshkumar Patel.
Its last annual general meeting (AGM) was held on 30 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 506 Citi Center Nr. Sosyo Circle Udhna Magdalla Road, Surat, Gujarat, India – 395003.
As per the financials filed for FY 2017, the company reported a revenue of ₹72.65 Lakh, a growth of 74% compared to the previous year. For the same year it recorded a net loss of ₹8,990 (net margin -0.1%) and EBITDA of ₹40,025 (EBITDA margin 0.6%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years.
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- Registered Address506 Citi Center Nr. Sosyo Circle Udhna Magdalla Road, Surat, Gujarat, India – 395003
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Priva Systems Private Limited
The main business activity of Priva Systems is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Priva Systems Private Limited FY 2017 filings available
Priva Systems Private Limited reported revenue of ₹72.65 Lakh (up 74% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR) of Priva Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 36% over three years, including 74% growth in the latest year. EBITDA fell 6% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Priva Systems Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹72.65 Lakh | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | ₹40,025 | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹8,990 | •••• | •••• |
| Balance Sheet | |||
| Share Capital | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• |
Financial Ratios of Priva Systems Private Limited
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 0.6% | •••• | •••• |
| Net Profit Margin | -0.1% | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• |
| Liquidity and Debt | |||
| Current Ratio | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• |
| Efficiency and Growth | |||
| Asset Turnover | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Priva Systems are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Priva Systems Private Limited
Priva Systems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasav Subhashchandra Patel | Director | 14 Jul 2010 | 16 Years 3 Months | As last reported |
| Priti Yogeshkumar Patel | Director | 14 Jul 2010 | 16 Years 3 Months | As last reported |
Peer Comparison of Priva Systems Private Limited
Priva Systems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SPJ Embedded Technologies Private Limited | ₹73.21 Lakh (FY 2025) | •••• | •••• | -10.0% | •••• | Pune, Maharashtra, India |
| Sai Barcode Label Private Limited | ₹72.9 Lakh (FY 2025) | •••• | •••• | -41.0% | •••• | New Delhi, Delhi, India |
| Recency Solution Private Limited | ₹72.84 Lakh (FY 2024) | •••• | •••• | 53.0% | •••• | Raipur, Chhattisgarh, India |
| Indeema Fibres Private Limited | ₹72.81 Lakh (FY 2025) | •••• | •••• | 154.0% | •••• | Kanpur, Uttar Pradesh, India |
| Esstain Technologies Limited | ₹72.72 Lakh (FY 2024) | •••• | •••• | 1.0% | •••• | New Delhi, Delhi, India |
| Priva Systems Private Limited this company | ₹72.65 Lakh (FY 2017) | •••• | •••• | 74.0% | •••• | Surat, Gujarat, India |
| Aircom Systems Private Limited | ₹72.12 Lakh (FY 2025) | •••• | •••• | 47.0% | •••• | Bangalore, Karnataka, India |
| Silicon Televenture Private Limited | ₹72.1 Lakh (FY 2024) | •••• | •••• | -1.0% | •••• | New Delhi, Delhi, India |
| Hotline Electronic Components Limited | ₹72.08 Lakh (FY 2019) | •••• | •••• | •••• | Delhi, India | |
| Adscrush Marketing Private Limited | ₹72.04 Lakh (FY 2025) | •••• | •••• | -19.0% | •••• | Delhi, India |
| Motionworks Robotics Private Limited | ₹71.8 Lakh (FY 2024) | •••• | •••• | 38.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Priva Systems by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Priva Systems Private Limited
Priva Systems Private Limited is audited by Y B DESAI & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Y B DESAI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Priva Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Priva Systems Private Limited
Priva Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Priva Systems Private Limited
Employment history and EPFO contributions of people linked to Priva Systems.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Priva Systems Private Limited
Priva Systems Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Himanshu Jayantkumar Desai ceased to be Director on 25 Mar 2015.
Credit Ratings, Litigation & Regulatory Alerts for Priva Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Priva Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Priva Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Priva Systems Private Limited
Priva Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Priva Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Priva Systems Private Limited
Priva Systems has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Priva Systems was a private limited company based in Surat, Gujarat, India. The company worked in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 14 July 2010 and is registered under CIN U29221GJ2010PTC061581. The company has been struck off by the Registrar of Companies and is no longer operational.
Priva Systems had 2 directors:
- Vasav Subhashchandra Patel - Director
- Priti Yogeshkumar Patel - Director
The CIN (Corporate Identification Number) of Priva Systems is U29221GJ2010PTC061581. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Priva Systems is at 506 Citi Center Nr. Sosyo Circle Udhna Magdalla Road, Surat, Gujarat, India – 395003.
Priva Systems was incorporated on 14 July 2010. It is registered with the Registrar of Companies, Ahmedabad.
Priva Systems reported revenue of ₹72.65 Lakh for FY 2017 (up 74% YoY).
Priva Systems has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.
Priva Systems reported a net loss of ₹8,990 (net margin -0.1%) and EBITDA of ₹40,025 (EBITDA margin 0.6%) for FY 2017, as per its filed financial statements.
No. Priva Systems has 1 GST registration on record and it is cancelled or inactive.
Priva Systems operated in the information technology industry, in the electronic components and equipment manufacturing segment. It worked in this industry before it was struck off.