About Celstream Systems Private Limited
Data last updated:
Celstream Systems Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Celstream Technologies Private Limited. 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 operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 03 June 1991.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U31101KA1991PTC012017. Its GSTIN is 29AAACT6656Q1ZG (Karnataka).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹3.1 Lakh. It was formerly known as Trilux Electric Private Limited. It is led by directors including Krishnan Sriraman and Anitha John.
Its last annual general meeting (AGM) was held on 28 August 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 29/A 2nd Cross Electronic City Phase 1, Bangalore, Karnataka, India – 560100.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.74 Cr, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹84.4 Lakh (net margin -48.5%) and EBITDA of -₹73.42 Lakh (EBITDA margin -42.2%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 27% over five years.
The company has about 10 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Celstream. As per MCA filings, the company has open charges of ₹1 Lakh and satisfied charges of ₹43.38 Cr on record.
The last known website on record is celstream.com.
Company details
Contact details
Celstream Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is celstream.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address29/A 2nd Cross Electronic City Phase 1, Bangalore, Karnataka, India – 560100
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Celstream 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
Celstream Systems operates one associated brand: Celstream. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides digital transformation and product engineering services for technology companies. | celstream.com |
Business activity
The main business activity of Celstream 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 Celstream Systems Private Limited, buy the company report.
Financials of Celstream Systems Private Limited
FY 2024 filings availableCelstream Systems Private Limited reported revenue of ₹1.74 Cr (down 97% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 97% fall in the latest year. EBITDA fell 101% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | -₹73.42 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹84.4 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -42.2% | ||||
| Net Profit Margin | -48.5% | ||||
| 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 Celstream Systems Private Limited, buy the company report.
Board of directors of Celstream Systems Private Limited
Celstream Systems has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnan Sriraman | Director | 27 Aug 2009 | 17 Years 2 Months | As last reported |
| Anitha John Also directs: Celstream Technologies Private Limited | Director | 11 Sep 2024 | 2 Years 2 Months | As last reported |
| Jayagopal Venkataraman | Irp/Rp/Liquidator | 03 Dec 2024 | 1 Years 11 Months | As last reported |
Peer comparison
Celstream Systems Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| SQR Infotech Private Limited | ₹1.75 Cr (FY 2024) | -44.0% | Pune, Maharashtra, India | |||
| VR Software Systems Private Limited | ₹1.75 Cr (FY 2017) | 10.0% | Vadodara, Gujarat, India | |||
| Celstream Systems Private Limitedthis company | ₹1.74 Cr (FY 2024) | -₹84.4 Lakh | -48.5% | -97.0% | 10 | Bangalore, Karnataka, India |
| Appsure Software Solutions Private Limited | ₹1.74 Cr (FY 2025) | 5.0% | Malappuram, Kerala, India | |||
| Finmee Technologies Private Limited | ₹1.74 Cr (FY 2025) | 93.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Celstream Systems Private Limited, buy the company report.
Auditor
Celstream Systems Private Limited is audited by G V SUNDER & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G V SUNDER & CO | FY 2022 | 007248S |
Shareholding
The shareholding of Celstream 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 Celstream Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Jul 1992 | 90198695 | State Bank of India | ₹1 Lakh | Open | |
| 20 Jun 2018 | 100190097 | Others | ₹15.25 Cr | Satisfied | |
| 27 Aug 2009 | 10176094 | Housing Development Finance Corporation Limited | ₹28.11 Cr | Satisfied | |
| 27 Jul 1992 | 90196605 | State Bank of India | ₹1 Lakh | Satisfied | |
| 27 Jul 1992 | 90199890 | State Bank of India | ₹1 Lakh | Satisfied |
To see the full charge records of Celstream Systems Private Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
No court or tribunal cases involving Celstream Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Celstream Systems Private Limited has 3 MSME Form 1 returns on record for the period ending Mar 2019, listing 5 overdue payments to 2 micro and small suppliers. 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 (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Greytip Software Private Limited | |||
| Merieux Nutrisciences Bangalore Private Limited |
To see the full MSME payment records of Celstream Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Celstream Systems Private Limited has a workforce of 10 employees on its EPFO records as of Mar 2024, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 10 |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Celstream Systems Private Limited, buy the company report.
GST
Celstream Systems has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACT6656Q1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Celstream Systems Private Limited, buy the company report.
Recent activity
Celstream Systems Private Limited has 12 board changes on record since 2008: 3 appointments and 9 cessations. The latest: Jayagopal Venkataraman was appointed as Irp/Rp/Liquidator on 03 Dec 2024.
15 earlier events are in the company report.
Frequently asked questions
Celstream Systems 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.
Celstream Systems is a company under liquidation, formerly operating as a 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 03 June 1991 and is registered under CIN U31101KA1991PTC012017. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Celstream Systems has 3 current directors:
- Krishnan Sriraman - Director
- Anitha John - Director
- Jayagopal Venkataraman - Irp/Rp/Liquidator
The latest financial statements of Celstream Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 August 2024. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Celstream Systems is U31101KA1991PTC012017. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Celstream Systems has open charges of ₹1 Lakh and satisfied charges of ₹43.38 Cr as per latest MCA filings.
Celstream Systems was incorporated on 03 June 1991. It is registered with the Registrar of Companies, Bangalore.
The peers of Celstream Systems by revenue are SQR Infotech Private Limited, VR Software Systems Private Limited, Appsure Software Solutions Private Limited, Finmee Technologies Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Jayagopal Venkataraman was appointed as Irp/Rp/Liquidator on 03 Dec 2024. Anitha John was appointed as Director on 11 Sep 2024. Alige Mahabala Rao Venkatachala ceased to be Additional Director on 12 Sep 2023. Celstream Systems has 12 board changes on record in total.
Celstream Systems has 3 MSME Form 1 returns on record for the period ending Mar 2019, listing 5 overdue payments to 2 micro and small suppliers. The latest return was filed on 08 Jun 2019.
Celstream Systems can be reached through the website celstream.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Celstream Systems is at 29A 2nd Cross Electronic City Phase 1, Bangalore, Karnataka, India – 560100.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
