About Abaco Systems (India) Private Limited
Data last updated: 19 July 2025
Abaco Systems (India) Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Abaco Systems Limited, Uk. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in IT products retail and distribution, a part of the broader technology and IT services sector. Incorporated on 22 August 2016, the company has been in operation for over 10 years.
Registered with ROC Bangalore under CIN U74999KA2016FTC095905.
Capital: an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Dwarakanath Chennur and Sadananda Rajashekara Patil.
Last AGM: 05 May 2025. Financial statements filed for year ended 31 March 2025. Office: Bhoruka Tech Park, Bangalore, Karnataka.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.66 Cr, a decline of 31.53% compared to the previous year.
It operates as a subsidiary of Abaco Systems Limited, Uk.
The company is associated with 1 brand - Abaco Systems.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds. The last known website on record is abaco.com.
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Email*****@*****.com
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Telephone**************
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Website
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Registered AddressBhoruka Tech Park 3&4 Flr. Mahadevapura Hoodi Sy No.27/1(P) 27/2(P)&31(P) Ward No.1, Kr Puram, Bangalore, Karnataka, India – 560048
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IndustryInformation Technology, IT Products Retail & Distribution
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Abaco Systems (India) Private Limited
Abaco Systems (India) Private Limited operates one associated brand: Abaco Systems. These brands represent Abaco Systems (India) Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Developer of rugged embedded computing system for defense, aerospace, and industrial applications | abaco.com |
Competitors & Alternatives of Abaco Systems (India) Private Limited
Brands and companies operating in the same space as Abaco Systems (India) Private Limited include Kontron, Concurrent Technologies, Winlight System and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Kontron
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Embedded computing platforms are developed for industrial applications. | Linz, Austria, Austria | 1959 |
Concurrent Technologies
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Processor-based solutions are developed for embedded applications. | Colchester, United Kingdom, United Kingdom | 1985 |
Winlight System
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Embedded vision systems are developed for the aerospace industry. | Clermont Ferrand, France, France | 2001 |
Beijing Guoke Huanyu Technology
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Provider of intelligent equipment critical electronic systems, including OS, servers, and chips | Haidian, China, China | 2012 |
DSPlogic
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Provider of computational electronic systems for critical commercial and defence applications | Frederick, United States, United States | 2000 |
Vodea
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Provider of embedded systems for military and aerospace video recordings and transmitting applications | France | 2003 |
Rigel Engineering
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Designs custom electronics and rugged systems for defense and industrial sectors. | Merritt Island, United States, United States | 2012 |
EPS Technology
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Designs embedded systems for defense, industrial, and rugged computing applications. | - | 1992 |
Business Activity of Abaco Systems (India) Private Limited
Abaco Systems (India) Private Limited operates primarily in the information and communication sector. The company has 1 registered business activity segment, reflecting its diverse operational portfolio.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| ********* | Information and communication | ********* | Computer programming, consultancy and related activities | ********* |
Auditor Details of Abaco Systems (India) Private Limited
Abaco Systems (India) Private Limited is audited by Suresh Surana & Associates LLP for the financial year 2019. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Suresh Surana & Associates LLP | blur-value | blur-value | blur-value |
Board of Directors of Abaco Systems (India) Private Limited
Abaco Systems (India) Private Limited is currently managed by 3 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dwarakanath Chennur | Irp/Rp/Liquidator | 20 Jun 2025 | 1 Years 0 Months | As last reported |
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Sadananda Rajashekara Patil
Also directs:
Ametek Instruments India Private Limited
|
Director | 14 Sep 2021 | 4 Years 9 Months | As last reported |
|
Yogesh Lowalekar
Also directs:
Ametek Instruments India Private Limited
|
Director | 27 Sep 2024 | 1 Years 9 Months | As last reported |
Financials of Abaco Systems (India) Private Limited FY 2025 filings available
Abaco Systems (India) Private Limited reported revenue of ₹1.66 Cr (down -31.53% YoY) for FY 2019. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Abaco Systems (India) Private Limited
As of FY 2019, Abaco Systems (India) Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings Abaco Systems (India) Private Limited
Abaco Systems (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Abaco Systems (India) Private Limited
View historical data on people associated with Abaco Systems (India) Private Limited, including employment history and EPFO contributions.
Employee Count & EPFO Data of Abaco Systems (India) Private Limited
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GST Compliance of Abaco Systems (India) Private Limited
GSTIN & GST Filing Data of Abaco Systems (India) Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Abaco Systems (India) Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Abaco Systems (India) Private Limited
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MSME Payment Delays by Abaco Systems (India) Private Limited
MSME Payment Delays by Abaco Systems (India) Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Abaco Systems (India) Private Limited
Subsidiaries & Group Companies of Abaco Systems (India) Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Abaco Systems (India) Private Limited with ownership details.
MCA Filings & Documents of Abaco Systems (India) Private Limited
MCA Filings & Documents of Abaco Systems (India) Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Abaco Systems (India) Private Limited
Recent News on Abaco Systems (India) Private Limited
Frequently Asked Questions about Abaco Systems (India) Private Limited
Abaco Systems (India) Private Limited is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Abaco Systems (India) Private Limited is a company under liquidation, formerly operating as a foreign private limited company in the information technology sector based in Bangalore, Karnataka, India. It was incorporated on 22 August 2016 and is registered under CIN U74999KA2016FTC095905. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Abaco Systems (India) Private Limited reported revenue of ₹1.66 Cr for FY 2019 (down 31.53% YoY).
The current directors of Abaco Systems (India) Private Limited are:
The CIN (Corporate Identification Number) of Abaco Systems (India) Private Limited is U74999KA2016FTC095905. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Abaco Systems (India) Private Limited is information technology. The company specifically operates in IT products retail and distribution.