Approva Systems Private Limited
About Approva Systems Private Limited
Data last updated:
Approva Systems Private Limited was a private limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Infor Us Inc. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 01 April 2002.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2002PTC100470. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹34.09 Lakh. It was led by directors including Alexander George Elkies and Mohan Banala Rao.
Its last annual general meeting (AGM) was held on 20 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Hyderabad, Telangana.
As per the financials filed for FY 2016, the company reported a revenue of ₹10.82 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹99.52 Lakh (net margin 9.2%) and EBITDA of ₹1.93 Cr (EBITDA margin 17.8%).
Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressQ – City 4th Floor B Wing Survey No.109 110 111/2 Nanakramguda(Village) Serlingampally(Man, Dal), Hyderabad, Telangana, India – 500032
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Approva Systems Private Limited
The main business activity of Approva Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Approva Systems Private Limited FY 2016 filings available
Approva Systems Private Limited reported revenue of ₹10.82 Cr (down 1% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR) of Approva Systems Private Limited
Revenue fell 1% in the latest year. EBITDA rose 21% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Approva Systems Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| 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 | ₹1.93 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹99.52 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 of Approva Systems Private Limited
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 17.8% | •••• |
| Net Profit Margin | 9.2% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Approva Systems are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Approva Systems Private Limited
Approva Systems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kromo Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Defteam Solutions Private Limited | •••• | •••• | •••• | •••• | 66 | Secunderabad, Telangana, India |
| Tech-India Infosolutions Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| TSL Consulting Private Limited | •••• | •••• | •••• | •••• | - | Pune, Maharashtra, India |
| Salucro Software Development Private Limited | •••• | •••• | •••• | •••• | - | Jaipur, Rajasthan, India |
| Approva Systems Private Limited this company | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Global Infovision Private Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Enlink Managed Services Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| Objectone Infra Tech Limited | •••• | •••• | •••• | •••• | - | Hyderabad, Telangana, India |
| Polsta Mobile Tech Private Limited | •••• | •••• | •••• | •••• | - | Daskroi, Gujarat, India |
| Gradientm IT Consulting and Services Private Limited | •••• | •••• | •••• | •••• | 60 | Bangalore South, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Approva Systems by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Approva Systems Private Limited
Approva Systems Private Limited is audited by S. A. Limaye & Co. for the financial year 2015.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| S. A. Limaye & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Approva Systems Private Limited
Approva Systems has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alexander George Elkies | Director | 30 Sep 2013 | 13 Years 0 Months | As last reported |
| Mohan Banala Rao | Director | 05 Aug 2013 | 13 Years 2 Months | As last reported |
| Bradford Evan Steiner | Director | 30 Sep 2013 | 13 Years 0 Months | As last reported |
| William Kee Ho Lee | Director | 30 Sep 2013 | 13 Years 0 Months | As last reported |
| Gregory Michael Giangiordano Also directs: Anaplan India Private Limited | Director | 30 Sep 2013 | 13 Years 0 Months | As last reported |
| Pothula Rangaswamy | Director | 14 Sep 2011 | 15 Years 0 Months | As last reported |
Ownership and Shareholding of Approva Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Approva Systems Private Limited
Approva Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Approva Systems Private Limited
Approva Systems Private Limited has 4 court cases on record: 2 filed by Approva Systems, 2 filed against it. All cases are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-1 | Disposed |
| High Court for State of Telangana | Court case (COMPA) | Filed by the company | Disposed |
| High Court for State of Telangana | Company petition | Filed by the company | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Approva Systems Private Limited
Approva Systems Private Limited has a workforce of 0 employees as of Mar 28, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Approva Systems Private Limited
Approva Systems has one previous CIN (Corporate Identification Number): U72200PN2002PTC016870. The current CIN is U72200TG2002PTC100470, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2002PTC100470 | Current |
| U72200PN2002PTC016870 | Previous |
Recent Activity on Approva Systems Private Limited
Approva Systems Private Limited has 14 board changes on record since 2008: 6 appointments and 8 cessations. The latest: Alexander George Elkies was appointed as Director on 30 Sep 2013.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Approva Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Approva Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Approva Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Approva Systems Private Limited
Approva Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Approva Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Approva Systems Private Limited
Approva Systems has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Approva Systems was a private limited company based in Hyderabad, Telangana, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 01 April 2002 and is registered under CIN U72200TG2002PTC100470. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Approva Systems was incorporated on 01 April 2002. It is registered with the Registrar of Companies, Hyderabad.
Approva Systems had 6 directors:
- Alexander George Elkies - Director
- Mohan Banala Rao - Director
- Bradford Evan Steiner - Director
- William Kee Ho Lee - Director
- Gregory Michael Giangiordano - Director
- Pothula Rangaswamy - Director
The CIN (Corporate Identification Number) of Approva Systems is U72200TG2002PTC100470. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Approva Systems is at Q – City 4th Floor B Wing Survey No.109 110 1112 NanakramgudaVillage SerlingampallyMan, Dal, Hyderabad, Telangana, India – 500032.
Approva Systems reported revenue of ₹10.82 Cr for FY 2016 (down 1% YoY).
Approva Systems has an authorised share capital of ₹1 Cr and a paid-up capital of ₹34.09 Lakh.
Approva Systems reported a net profit of ₹99.52 Lakh (net margin 9.2%) and EBITDA of ₹1.93 Cr (EBITDA margin 17.8%) for FY 2016, as per its filed financial statements.
No. Approva Systems has 1 GST registration on record and it is cancelled or inactive.
Approva Systems operated in the information technology industry, in the IT consulting and support services segment.