Derive Systems Private Limited - Company Profile

It is a information technology private limited company based in Kozhikode, Kerala, India, established in 2018.
2018 Kozhikode, Kerala, India Active
Last Updated:
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About Derive Systems Private Limited

Derive Systems Private Limited, a active private limited company, was established on 26 October 2018 in Kozhikode, Kerala, India. Engaging in computer programming within the information and communication sector, it holds CIN: U72200KL2018PTC055278. Registered under ROC Roc Ernakulam. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹3.15 M.

It upholds a compliant status. Its leadership includes Sundharam Balakrishnan (Director), Yushah Naran Chirakkal (Director). Past directors included Sundharam Balakrishnan, Siddeek Ahmed Haji Panamtharayil, Azim Ismail. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at 15/347 F Vp & Kv Tower, Vengali Rly Bridege Vengali (Po), Kozhikode, Kerala, 673021.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72200KL2018PTC055278

  • Registration Number

    055278

  • Incorporation Date

    26 October 2018

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹3.15 M

  • ROC Code

    Roc Ernakulam

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.15 M
  • Company Age 7 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth **** -34.64%
  • Profit Growth **** -1574.10%
  • Ebitda **** 109.95%
  • Net Worth -263.45%
  • Total Assets -22.15%
Company report

Derive Systems Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Derive Systems Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Derive Systems Private Limited?
Current Directors
Name Designation Appointment Date Status
Sundharam Balakrishnan Director 15 Feb 2019 Current
Yushah Naran Chirakkal Director 26 Oct 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 31 Dec 2019 Past
Pramod Abcsdd Additional Director 05 Dec 2019 Past
Pramod Abcsdd Managing Director 31 Mar 2022 Past

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Financial Performance of Derive Systems.

Derive Systems Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 34.64% decrease. The company also saw a substantial fall in profitability, with a 1574.1% decrease in profit. The company's net worth observed a substantial decline by a decrease of 263.45%.

Derive Systems revenue growth over time
Derive Systems profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 -34.64%
*******
*******
*******
*******
Revenue from Operations
*******
 93.35%
*******
*******
*******
*******
Total Assets
*******
 -22.15%
*******
*******
*******
*******
Profit or Loss
*******
 -1574.10%
*******
*******
*******
*******
Net Worth
*******
 -263.45%
*******
*******
*******
*******
EBITDA
*******
 109.95%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Derive Systems?

In 2023, Derive Systems had a public holding of 36.51%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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How Many Employees Work at Derive Systems?

Unlock and access historical data on people associated with Derive Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Derive Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Derive Systems's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Derive Systems
Recent Activity within the Organization
  • Annual General Meeting

    The activity Derive Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    The activity Derive Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam. was completed.

  • Director Appointment

    The activity Sundharam Balakrishnan was appointed as a Director was appointed as a Director on 15 Feb 2019 & has been associated with this company since 7 years 19 days . was completed.

  • Director Appointment

    The activity Yushah Naran Chirakkal was appointed as a Director was appointed as a Director on 26 Oct 2018 & has been associated with this company since 7 years 4 months . was completed.

  • Company Incorporation

    Derive Systems Private Limited was registered on 26 Oct 2018 with Roc Ernakulam & aged 7 years 4 months as per MCA records. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Derive Systems Private Limited?

The CIN of Derive Systems Private Limited is U72200KL2018PTC055278.

Where is Derive Systems Private Limited headquartered?

Derive Systems Private Limited is headquartered at 15/347 F Vp & Kv Tower, Vengali Rly Bridege Vengali (Po), Kozhikode, Kerala, 673021.

When was Derive Systems Private Limited incorporated?

Derive Systems Private Limited was incorporated on 26 October 2018.

Who are the current directors of Derive Systems Private Limited?

The current directors of Derive Systems Private Limited are

What is the primary industry of Derive Systems Private Limited?

The primary industry of Derive Systems Private Limited is Information And Communication.

Is Derive Systems Private Limited a listed company?

Derive Systems Private Limited is unlisted.

What is the capital structure of Derive Systems Private Limited?

The authorized capital of Derive Systems Private Limited is ₹1.00 Cr, and the paid-up capital is ₹3.15 M.

What is the compliance status of Derive Systems Private Limited?

The compliance status of Derive Systems Private Limited is Compliant.

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