About Vistaar Systems Private Limited
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Vistaar Systems Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Vistaar Technologies Inc.. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 March 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2000PTC124831. Its GSTIN is 27AABCV0613J1ZI (Maharashtra).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹7.03 Cr. It is led by directors Shekhar Iyer and Kannan Narain.
Its last annual general meeting (AGM) was held on 04 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Raheja Point 1Pt Nehru Road Vakola Santacruz – E, Mumbai, Maharashtra, India – 400055.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.34 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹1.64 Cr (net margin 5.2%) and EBITDA of ₹3.48 Cr (EBITDA margin 11.1%). Revenue has declined at a compounded annual rate (CAGR) of 10% over three years and 4% over five years.
The company has about 165 employees on its provident fund (EPFO) records.
Court records list 7 cases involving the company, including 7 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vistaar.com.
Company details
Contact details
Vistaar Systems Private Limited's registered office is in Mumbai, Maharashtra. Its website is vistaar.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressRaheja Point 1Pt Nehru Road Vakola Santacruz – E, Mumbai, Maharashtra, India – 400055
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Vistaar Systems Private Limited, buy the company report.
- 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
Business activity
The main business activity of Vistaar Systems 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 Vistaar Systems Private Limited, buy the company report.
Financials of Vistaar Systems Private Limited
FY 2025 filings availableVistaar Systems Private Limited reported revenue of ₹31.34 Cr (down 19% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 19% fall in the latest year. EBITDA fell 49% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹3.48 Cr | ||||
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| Net Profit (PAT) | ₹1.64 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 11.1% | ||||
| Net Profit Margin | 5.2% | ||||
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To see the full financial statements and ratios of Vistaar Systems Private Limited, buy the company report.
Board of directors of Vistaar Systems Private Limited
Vistaar Systems has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shekhar Iyer Also directs: Row2 Technologies (India) Private Limited, Think Foundation | Director | 15 Mar 2000 | 26 Years 7 Months | Current |
| Kannan Narain | Director | 13 Mar 2000 | 26 Years 7 Months | Current |
Auditor
Vistaar Systems Private Limited is audited by M/S. K A S H & COMPANY for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/S. K A S H & COMPANY | FY 2023 | 134718W |
Shareholding
The shareholding of Vistaar Systems Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
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| Others |
To see the full shareholding pattern of Vistaar Systems Private Limited, buy the company report.
Legal cases
Vistaar Systems Private Limited has 7 court cases on record: 7 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 7 | 0 |
Cases on record (2 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax - 14 | Disposed |
| Bombay High Court | Tax appeal | Filed against the company by The Commissioner of Income Tax - 10, | Disposed |
To see the full case history of Vistaar Systems Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Vistaar Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Vistaar Systems Private Limited has a workforce of 165 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Vistaar Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCV0613J1ZI | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Vistaar Systems Private Limited, buy the company report.
Recent activity
Vistaar Systems Private Limited has 4 board changes on record since 2000: 2 appointments and 2 cessations. The latest: Sandeep Tungare ceased to be Director on 22 Sep 2016.
Frequently asked questions
Vistaar Systems is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 13 March 2000 (26+ years old) and is registered under CIN U72900MH2000PTC124831.
Vistaar Systems has 2 current directors:
- Shekhar Iyer - Director
- Kannan Narain - Director
The latest financial statements of Vistaar Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 04 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Vistaar Systems is 27AABCV0613J1ZI, registered in Maharashtra.
The CIN (Corporate Identification Number) of Vistaar Systems is U72900MH2000PTC124831. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vistaar Systems has 7 court cases on record: 7 filed against it.
Vistaar Systems was incorporated on 13 March 2000, making it 26+ years old. It is registered with the Registrar of Companies, Mumbai.
Sandeep Tungare ceased to be Director on 22 Sep 2016. Ravi Reddy ceased to be Director on 31 Aug 2012. Shekhar Iyer was appointed as Director on 15 Mar 2000. Vistaar Systems has 4 board changes on record in total.
Vistaar Systems can be reached through the website vistaar.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Vistaar Systems is at Raheja Point 1Pt Nehru Road Vakola Santacruz – E, Mumbai, Maharashtra, India – 400055.