About Chubb Systems Private Limited
Data last updated:
Chubb Systems Private Limited is a private limited company based in Chennai City Corporation, Tamil Nadu, India, a subsidiary of Chubb Group Limited. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 10 July 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U30007TN1992PTC023051. Its GSTIN is 33AABCR1863L1ZB (Tamil Nadu). The company holds 11 GST registrations, of which 7 are active.
The company has an authorised share capital of ₹85 Cr and a paid-up capital of ₹75 Cr. It was formerly known as Race Technologies Private Limited and Carrier Race Technologies Private Limited. It is led by directors including Prasanna Seetaram Bhat (Managing Director) and Piyali Ghosh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 19 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Chennai City Corporation, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹196.58 Cr, a growth of 17% compared to the previous year. For the same year it recorded a net profit of ₹2.87 Cr (net margin 1.5%) and EBITDA of ₹6.14 Cr (EBITDA margin 3.1%). Revenue has grown at a compounded annual rate (CAGR) of 36% over three years and 38% over five years.
The company has about 204 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹19.36 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 8 deals on record (5 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹3.24 Cr; the latest was in January 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website carrier.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address2nd Floor National Product Block – 3, A3 & A4 North Phase Guindy Industrial Area, Chennai City Corporation, Tamil Nadu, India – 600032
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- 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 Chubb Systems Private Limited
The main business activities of Chubb Systems are trade and professional, scientific and technical. In detail, this covers wholesale trading and architecture, engineering activities, technical testing and analysis activities. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis 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 Chubb Systems Private Limited FY 2025 filings available
Chubb Systems Private Limited reported revenue of ₹196.58 Cr (up 17% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Chubb Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 38% over five years, including 17% growth in the latest year. EBITDA fell 23% 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 of Chubb Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹6.14 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.87 Cr | •••• | •••• | •••• | •••• |
| 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 Chubb Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Chubb 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.
Auditor Details of Chubb Systems Private Limited
Chubb Systems Private Limited is audited by MSKA & Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MSKA & Associates | 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 Chubb Systems Private Limited
Chubb Systems has 3 current directors and 19 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prasanna Seetaram Bhat Also directs: Api International Capability Centre Private Limited | Managing Director | 01 Feb 2024 | 2 Years 8 Months | Current |
| Piyali Ghosh | Whole-Time Director | 18 Aug 2021 | 5 Years 1 Months | Current |
| Anurag Agarwal Also directs: Api International Capability Centre Private Limited | Whole-Time Director | 09 Sep 2021 | 5 Years 0 Months | Current |
Ownership and Shareholding of Chubb 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 Chubb Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Mar 2007 | State Bank of India | ₹15 Cr | Satisfied |
| 30 Jun 2003 | State Bank of India | ₹4.3 Cr | Satisfied |
| 10 Dec 1993 | State Bank of India | ₹6 Lakh | Satisfied |
Total charge records: 3 View all charges
Deals & Funding of Chubb Systems Private Limited
Chubb Systems Private Limited has 8 deals on record (5 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹3.24 Cr; the latest was in January 2022.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Rights issue | ₹15 Cr | Investors: Chubb Group Limited |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: Carrier Singapore (PTE) Limited, Carrier Singapore (PTE) Limited & Prasanna Bhat, Carrier Singapore (PTE) Limited & M.A. Ramesh Seller: Carrier Singapore (PTE) Limited & Anupam Mathur, Carrier Singapore (PTE) Limited & Gopalan Sudarsan, Chubb Group Limited |
| Jun 2019 | Secondary share transfer | Undisclosed | Buyer: Carrier Singapore (PTE) Limited & Gopalan Sudarsan, Carrier Singapore (PTE) Limited, Carrier Singapore (PTE) Limited & Anupam Mathur Seller: United Technologies International Corporation Asia Pte Limited & Anupam Mathur, United Technologies International Corporation Asia Pte Limited & Sudarshan Gopalan, United Technologies International Corporation Asia Pte Limited |
| May 2019 | Rights issue | ₹95 Cr | Investors: United Technologies International Corporation Asia Pte Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: United Technologies International Corporation Asia Pte Limited, United Technologies International Corporation Asia Pte Limited & M Srinivasan, United Technologies International Corporation Asia Pte Limited & Sudarshan Gopalan Seller: United Technologies International Corporation Asia Pte Limited & Shilaja Srinivasan, United Technologies International Corporation Asia Pte Limited & S Bhagavan, United Technologies International Corporation Asia Pte Limited & Rajaraman Suresh |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Chubb Systems Private Limited
Chubb Systems Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Criminal case | Filed against the company by State of U.P | Disposed |
Full case history
All 1 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 Chubb Systems Private Limited
Chubb Systems Private Limited has a workforce of 204 employees as of Apr 06, 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.
Name History of Chubb Systems Private Limited
Chubb Systems has undergone 5 name changes throughout its history. The current legal name is Chubb Systems Private Limited.
| Company Name | Status |
|---|---|
| Chubb Systems Private Limited | Current |
| Race Technologies Private Limited | Previous |
| Carrier Race Technologies Private Limited | Previous |
| Sauter Race Technologies Private Limited | Previous |
| Chubb India Private Limited | Previous |
| Race Technologies Pvt.Ltd | Previous |
Recent Activity on Chubb Systems Private Limited
Chubb Systems Private Limited has 20 board changes on record since 2012: 3 appointments and 17 cessations. The latest: Prasanna Seetaram Bhat was appointed as Managing Director on 01 Feb 2024.
19 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Chubb 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 Chubb 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 Chubb 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 Chubb Systems Private Limited
Chubb Systems has 11 GST registrations: 7 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCR1863L1ZB | Tamil Nadu | Active | 01 Jul 2017 |
| 06AABCR1863L1Z8 | Haryana | Active | 01 Jul 2017 |
| 07AABCR1863L2Z5 | Delhi | Active | 01 Jul 2017 |
| 27AABCR1863L1Z4 | Maharashtra | Active | 01 Jul 2017 |
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 Chubb 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 Chubb Systems Private Limited
Chubb Systems is an active private limited company based in Chennai City Corporation, Tamil Nadu, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 10 July 1992 (34+ years old) and is registered under CIN U30007TN1992PTC023051.
Chubb Systems reported revenue of ₹196.58 Cr for FY 2025 (up 17% YoY).
Chubb Systems has 3 current directors:
- Prasanna Seetaram Bhat - Managing Director
- Piyali Ghosh - Whole-Time Director
- Anurag Agarwal - Whole-Time Director
Chubb Systems reported a net profit of ₹2.87 Cr (net margin 1.5%) and EBITDA of ₹6.14 Cr (EBITDA margin 3.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Chubb Systems is 36% over three years and 38% over five years. In the latest year (FY 2025) revenue rose 17%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Chubb Systems is 33AABCR1863L1ZB, registered in Tamil Nadu. The company has 11 GST registrations in all, of which 7 are active and 4 are cancelled or inactive. Other active GSTINs include 06AABCR1863L1Z8 (Haryana), 07AABCR1863L2Z5 (Delhi), 27AABCR1863L1Z4 (Maharashtra).
The CIN (Corporate Identification Number) of Chubb Systems is U30007TN1992PTC023051. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Chubb Systems has 1 court case on record: 1 filed against it.
Chubb Systems was incorporated on 10 July 1992, making it 34+ years old. It is registered with the Registrar of Companies, Chennai.
Chubb Systems has 8 deals on record (5 secondary share transfers, 2 rights issues, 1 funding round), with disclosed funding of ₹3.24 Cr; the latest was in January 2022.