Approach System Private Limited

Approach System Private Limited - engineering in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN U74999WB2011PTC165956 Incorporated 05 August 2011 ROC Kolkata HQ Kolkata, West Bengal, India
Active Private Limited Company engineering MSME · Micro
Data last updated
Revenue · FY 2025
₹71.09 Lakh
▲ 30% YoY
Net loss · FY 2025
₹4.31 Lakh
Net margin -6.1%
EBITDA · FY 2025
₹5.42 Lakh
EBITDA margin 7.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹15 Lakh
Secured borrowings
Company age
15 yrs
Est. 2011
Employees · EPFO
17
Provident fund records

About Approach System Private Limited

Data last updated:

Approach System Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 05 August 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74999WB2011PTC165956. Its GSTIN is 19AAJCA7756M1ZW (West Bengal).

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Basanti Adhikary and Uma Sankar Adhikary.

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 34 Charu Chandra Place (East) P.S. Charu Market, Kolkata, West Bengal, India – 700033.

As per the financials filed for FY 2025, the company reported a revenue of ₹71.09 Lakh, a growth of 30% compared to the previous year. For the same year it recorded a net loss of ₹4.31 Lakh (net margin -6.1%) and EBITDA of ₹5.42 Lakh (EBITDA margin 7.6%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 12% over five years.

The company has about 17 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹15 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.

Approach System Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0013751). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website approachsystem.com.

Company details

CIN U74999WB2011PTC165956
Registration Number 165956
Incorporation Date 05 August 2011
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-WB-10-0013751

Recognitions & Rankings of Approach System

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-WB-10-0013751

Contact details

Approach System Private Limited's registered office is in Kolkata, West Bengal. Its website is approachsystem.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    34 Charu Chandra Place (East) P.S. Charu Market, Kolkata, West Bengal, India – 700033
  • Industry
    Engineering, Engineering Design & Consultancy

To see the full contact details of Approach System Private Limited, buy the company report.

Comprehensive company report
Approach System 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 Approach System is professional, scientific and technical activities. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, scientific and technical activities74Other professional, scientific and technical activities

To see the full business activity and turnover split of Approach System Private Limited, buy the company report.

Financials of Approach System Private Limited

FY 2024 filings available

Approach System Private Limited reported revenue of ₹71.09 Lakh (up 30% YoY) for FY 2025.

Revenue · FY 2025
₹71.09 Lakh ▲ 30%
Net loss · FY 2025
₹4.31 Lakh margin -6.1%
EBITDA · FY 2025
₹5.42 Lakh margin 7.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▼ 5%
5 years · compounded
▼ 12%
EBITDA CAGR growth
1 year
▲ 125%
3 years · compounded
▼ 16%
5 years · compounded
▼ 18%

Revenue rose 30% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 12%. EBITDA rose 125% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹5.42 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹4.31 Lakh
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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin7.6%
Net Profit Margin-6.1%
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 Approach System Private Limited, buy the company report.

Board of directors of Approach System Private Limited

Approach System has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Basanti AdhikaryDirector05 Aug 201115 Years 3 MonthsCurrent
Uma Sankar AdhikaryDirector05 Aug 201115 Years 3 MonthsCurrent

Auditor

Approach System Private Limited is audited by PRATIK & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
PRATIK & COFY 20230328184E

Shareholding

The shareholding of Approach System 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Approach System Private Limited, buy the company report.

Charges & borrowings

Open charges
₹15 Lakh
Satisfied charges
None
Breakdown by lending institutions
Indian Overseas Bank₹0.15 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
04 Apr 2024100913679Indian Overseas Bank₹15 LakhOpen

Total charge records: 1 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Approach System Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Approach System Private Limited has a workforce of 17 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.

Employee count
17
Active EPFO establishments
1
Employee growth
-10.53%

GST

Approach System has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
19AAJCA7756M1ZWWest BengalActive01 Jul 2017

To see the full GST registrations and return filing status of Approach System Private Limited, buy the company report.

Recent activity

Approach System Private Limited has 3 board changes on record since 2011: 2 appointments and 1 cessation. The latest: Rajnikant Maneklal Shah ceased to be Director on 07 Jun 2017.

AGM
Approach System Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Indian Overseas Bank amounted to Rs. 15.00 Lakh with Charge ID 100913679 was registered on 04 Apr 2024.
Filing
Approach System Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.
Ceased
Rajnikant Maneklal Shah ceased to be Director.
Appointed
Basanti Adhikary was appointed as Director.
Appointed
Uma Sankar Adhikary was appointed as Director.
Incorporation
05 Aug 2011
Approach System Private Limited was registered on 05 Aug 2011 with Roc Kolkata & aged 15 years 3 months as per MCA records.

Frequently asked questions

Approach System is an active private limited company based in Kolkata, West Bengal, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 05 August 2011 (15+ years old) and is registered under CIN U74999WB2011PTC165956.

Approach System has 2 current directors:

The latest financial statements of Approach System 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 Approach System is 19AAJCA7756M1ZW, registered in West Bengal.

The CIN (Corporate Identification Number) of Approach System is U74999WB2011PTC165956. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Approach System has 1 court case on record: 1 filed by the company.

Approach System was incorporated on 05 August 2011, making it 15+ years old. It is registered with the Registrar of Companies, Kolkata.

Rajnikant Maneklal Shah ceased to be Director on 07 Jun 2017. Basanti Adhikary was appointed as Director on 05 Aug 2011. Uma Sankar Adhikary was appointed as Director on 05 Aug 2011.

Yes, Approach System is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-10-0013751).

Approach System can be reached through the website approachsystem.com. Its registered office is in Kolkata, West Bengal, India.