About Abiba Systems Private Limited
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Abiba Systems Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Hoope Ltd. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 05 May 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2006PTC039242. Its GSTIN is 29AAFCA7453H1ZG (Karnataka).
The company has an authorised share capital of ₹8.01 Cr and a paid-up capital of ₹7.23 Cr. It is led by directors including Sean Christopher Dexter and Jay Bharatheesh Simha.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 1st Floor 17/12 – 30 30th Main Banashankari 3rd Stage, Bangalore, Karnataka, India – 560085.
As per the financials filed for FY 2022, the company reported a revenue of ₹3.52 Lakh, a decline of 41% compared to the previous year. For the same year it recorded a net loss of ₹57.5 Lakh and EBITDA of -₹91,448 (EBITDA margin -26%). Revenue has declined at a compounded annual rate (CAGR) of 78% over three years and 64% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
The company is associated with 1 brand: ABIBA Systems. As per MCA filings, the company has open charges of ₹1.18 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 12 deals on record (6 rights issues, 5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.72 Cr; the latest was in April 2021. The company has 4 MSME Form 1 returns on record between 2018 and 2019, listing 13 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website abibasystems.com.
Company details
Contact details
Abiba Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is abibasystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1st Floor 17/12 – 30 30th Main Banashankari 3rd Stage, Bangalore, Karnataka, India – 560085
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Abiba 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
Brands
Abiba Systems operates one associated brand: ABIBA Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Big data analytics solution provider | abibasystems.com |
Financials of Abiba Systems Private Limited
FY 2024 filings availableAbiba Systems Private Limited reported revenue of ₹3.52 Lakh (down 41% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 64% over five years, including a 41% fall 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹3.52 Lakh | ||||
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| Total Expenses | |||||
| EBITDA | -₹91,448 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹57.5 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -26% | ||||
| Net Profit Margin | |||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Abiba Systems Private Limited, buy the company report.
Board of directors of Abiba Systems Private Limited
Abiba Systems has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sean Christopher Dexter Also directs: SBS Dealers & Distributors Private Limited | Director | 30 Sep 2016 | 10 Years 1 Months | Current |
| Jay Bharatheesh Simha | Director | 05 May 2006 | 20 Years 6 Months | Current |
| Sathya Karthik Ramadass | Director | 09 Apr 2008 | 18 Years 7 Months | Current |
Shareholding
The shareholding of Abiba Systems Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Abiba Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Jun 2015 | 10581467 | Hdfc Bank Limited | ₹1.18 Cr | Open |
To see the full charge records of Abiba Systems Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Abiba Systems Private Limited has 12 deals on record (6 rights issues, 5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.72 Cr; the latest was in April 2021.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2021 | Rights issue | ₹15.8 Lakh | Investors: Hoopoe Limited |
| Sep 2019 | Rights issue | ₹51.1 Lakh | Investors: Hoopoe Limited |
| Dec 2018 | Rights issue | ₹42.6 Lakh | Investors: Hoopoe Limited |
| Feb 2018 | Rights issue | ₹63.6 Lakh | Investors: Hoopoe Limited |
| Feb 2016 | Rights issue | ₹1.6 Cr | Investors: Hoopoe Limited |
To see the full deal history of Abiba Systems Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Abiba Systems Private Limited has 1 court case on record: 1 filed by Abiba Systems. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Court case ((T)CMA(TM)) | Filed by the company against The Registrar of Trade Marks | Disposed |
To see the full case history of Abiba 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
Abiba Systems Private Limited has 4 MSME Form 1 returns on record between 2018 and 2019, listing 13 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| FM Advisory Services Private Limited |
To see the full MSME payment records of Abiba Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Abiba Systems Private Limited has a workforce of 1 employees on its EPFO records as of Mar 2020, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2019-20 | 1 |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Abiba Systems Private Limited, buy the company report.
GST
Abiba Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCA7453H1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Abiba Systems Private Limited, buy the company report.
Recent activity
Abiba Systems Private Limited has 8 board changes on record since 2006: 3 appointments and 5 cessations. The latest: Yenni Laxmi Narasappa ceased to be Company Secretary on 06 Oct 2020.
1 earlier event is in the company report.
Frequently asked questions
Abiba Systems 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 05 May 2006 (20+ years old) and is registered under CIN U72200KA2006PTC039242.
Abiba Systems has 3 current directors:
- Sean Christopher Dexter - Director
- Jay Bharatheesh Simha - Director
- Sathya Karthik Ramadass - Director
The latest financial statements of Abiba Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Abiba Systems is 29AAFCA7453H1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Abiba Systems is U72200KA2006PTC039242. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abiba Systems has 1 court case on record: 1 filed by the company.
Abiba Systems was incorporated on 05 May 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.
Abiba Systems has 12 deals on record (6 rights issues, 5 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.72 Cr; the latest was in April 2021.
Yenni Laxmi Narasappa ceased to be Company Secretary on 06 Oct 2020. Sathya Karthik Ramadass ceased to be Managing Director on 28 Feb 2020. Jay Bharatheesh Simha ceased to be Whole-Time Director on 01 Jul 2019. Abiba Systems has 8 board changes on record in total.
Abiba Systems has 4 MSME Form 1 returns on record between 2018 and 2019, listing 13 overdue payments to 1 micro and small supplier. The latest return was filed on 31 Oct 2019.
Abiba Systems can be reached through the website abibasystems.com. Its registered office is in Bangalore, Karnataka, India.
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