MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2023-24)
- Udyam number
- UDYAM-KR-03-0130222
Shastha Systems and Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2018
₹79.17 Lakh
▲ 14% YoY
Net loss · FY 2018
₹83,792
Net margin -1.1%
EBITDA · FY 2018
-₹82,060
EBITDA margin -1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
13 yrs
Est. 2013
Directors on board
2
As per MCA filings
Active GSTINs
1
of 3 registered
About Shastha Systems and Solutions Private Limited
Data last updated:
Shastha Systems and Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 26 April 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC068764. Its GSTIN is 29AAUCS3185R3ZZ (Karnataka). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sudheeran Vazhappully Mohanan and Mohanan Sankaran Vazhapully.
Its last annual general meeting (AGM) was held on 30 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office is at #1 Ragavendra Complex 1st Floor 20th Main Btm Layout, Bangalore, Karnataka, India – 560068.
As per the financials filed for FY 2018, the company reported a revenue of ₹79.17 Lakh, a growth of 14% compared to the previous year. For the same year it recorded a net loss of ₹83,792 (net margin -1.1%) and EBITDA of -₹82,060 (EBITDA margin -1%).
Shastha Systems and Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0130222). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shastha.in.
Company details
CIN U72200KA2013PTC068764
Registration Number 068764
Incorporation Date 26 April 2013
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2018
Date of Balance Sheet 31 March 2018
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0130222
Recognitions & Rankings of Shastha Systems and Solutions
Contact details
Shastha Systems and Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is shastha.in. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address#1 Ragavendra Complex 1st Floor 20th Main Btm Layout, Bangalore, Karnataka, India – 560068
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Shastha Systems and Solutions Private Limited, buy the company report.
Comprehensive company report
Shastha Systems and Solutions Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Shastha Systems and Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Shastha Systems and Solutions Private Limited, buy the company report.
Financials of Shastha Systems and Solutions Private Limited
FY 2018 filings availableShastha Systems and Solutions Private Limited reported revenue of ₹79.17 Lakh (up 14% YoY) for FY 2018.
Revenue · FY 2018
₹79.17 Lakh ▲ 14%
Net loss · FY 2018
₹83,792 margin -1.1%
EBITDA · FY 2018
-₹82,060 margin -1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 14%
Revenue rose 14% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹79.17 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹82,060 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹83,792 | |||
| 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -1% | |||
| Net Profit Margin | -1.1% | |||
| 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 | ||||
To see the full financial statements and ratios of Shastha Systems and Solutions Private Limited, buy the company report.
Board of directors of Shastha Systems and Solutions Private Limited
Shastha Systems and Solutions has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sudheeran Vazhappully Mohanan Also directs: Skartio AI Cloud Private Limited | Director | 17 Mar 2016 | 10 Years 7 Months | Current |
| Mohanan Sankaran Vazhapully | Director | 17 Mar 2016 | 10 Years 7 Months | Current |
Peer comparison
Shastha Systems and Solutions Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SNB Web Services Private Limited | ₹79.28 Lakh (FY 2025) | 200.0% | Ghaziabad, Uttar Pradesh, India | |||
| Deepcloud Private Limited | ₹79.27 Lakh (FY 2025) | -56.0% | Bangalore, Karnataka, India | |||
| Redferns Tech Private Limited | ₹79.23 Lakh (FY 2025) | -53.0% | Puducherry, India | |||
| Techavidus Private Limited | ₹79.21 Lakh (FY 2022) | 592.0% | Gandhinagar, Gujarat, India | |||
| Shastha Systems and Solutions Private Limitedthis company | ₹79.17 Lakh (FY 2018) | -₹83,792 | -1.1% | 14.0% | Bangalore, Karnataka, India | |
| Singh Callnet Private Limited | ₹79.13 Lakh (FY 2025) | 56.0% | Avenue G.P.O Jalandhar, Punjab, India | |||
| Cybetiq Private Limited | ₹79.1 Lakh (FY 2025) | 472.0% | Dist-Vaishali, Po-Haujpura, Bihar, India | |||
| Precious Infosystem Private Limited | ₹79.07 Lakh (FY 2025) | -91.0% | Indore, Madhya Pradesh, India | |||
| Nioses Tech Private Limited | ₹79.03 Lakh (FY 2025) | 2765.0% | Vasai, Maharashtra, India | |||
| Texlnc Private Limited | ₹79.02 Lakh (FY 2025) | -22.0% | Visakhapatnam, Andhra Pradesh, India |
To see the full peer comparison of Shastha Systems and Solutions Private Limited, buy the company report.
Shareholding
The shareholding of Shastha Systems and Solutions Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Shastha Systems and Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Shastha Systems and Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Shastha Systems and Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shastha Systems and Solutions has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAUCS3185R3ZZ | Karnataka | Active | 12 Jul 2021 |
To see the full GST registrations and return filing status of Shastha Systems and Solutions Private Limited, buy the company report.
Recent activity
Shastha Systems and Solutions Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Mohanan Sankaran Vazhapully was appointed as Director on 17 Mar 2016.
AGM
Shastha Systems And Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2018 as per latest MCA records.
Filing
Shastha Systems And Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Bangalore.
Appointed
Mohanan Sankaran Vazhapully was appointed as Director.
Appointed
Sudheeran Vazhappully Mohanan was appointed as Director.
Ceased
Sajith ceased to be Director.
Ceased
Sujith ceased to be Director.
Incorporation
26 Apr 2013
Shastha Systems And Solutions Private Limited was registered on 26 Apr 2013 with Roc Bangalore & aged 13 years 6 months as per MCA records.
Frequently asked questions
Shastha Systems and Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 26 April 2013 (13+ years old) and is registered under CIN U72200KA2013PTC068764.
Shastha Systems and Solutions has 2 current directors:
- Sudheeran Vazhappully Mohanan - Director
- Mohanan Sankaran Vazhapully - Director
The latest financial statements of Shastha Systems and Solutions on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 30 September 2018. Year-wise statements from 2015 are in the company report.
The GSTIN of Shastha Systems and Solutions is 29AAUCS3185R3ZZ, registered in Karnataka. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Shastha Systems and Solutions is U72200KA2013PTC068764. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shastha Systems and Solutions was incorporated on 26 April 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Shastha Systems and Solutions by revenue are SNB Web Services Private Limited, Deepcloud Private Limited, Redferns Tech Private Limited, Techavidus Private Limited, Singh Callnet Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Mohanan Sankaran Vazhapully was appointed as Director on 17 Mar 2016. Sudheeran Vazhappully Mohanan was appointed as Director on 17 Mar 2016. Sajith ceased to be Director on 27 Dec 2015. Shastha Systems and Solutions has 4 board changes on record in total.
Yes, Shastha Systems and Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0130222).
Shastha Systems and Solutions can be reached through the website shastha.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Shastha Systems and Solutions is at #1 Ragavendra Complex 1st Floor 20th Main Btm Layout, Bangalore, Karnataka, India – 560068.
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