Empirical Systems Private Limited

Empirical Systems Private Limited - information technology in Pune, Maharashtra, India. Directors, charges & compliance details.
CIN U72200PN2003PTC018548 Incorporated 13 November 2003 ROC Pune HQ Pune, Maharashtra, India
Struck Off Private Limited Company information technology
Revenue · FY 2018
₹33,000
Latest filing
Net loss · FY 2018
₹30,212
Net margin -91.6%
EBITDA · FY 2018
-₹30,212
EBITDA margin -91.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Satisfied charges
₹1.4 Cr
No open charges
Company age
23 yrs
Est. 2003
Directors on board
2
As per MCA filings

About Empirical Systems Private Limited

Data last updated:

Empirical Systems Private Limited was a private limited company based in Pune, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 13 November 2003.

The company was registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2003PTC018548.

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sumer Vaswani and Chitoor Hariharan Laxminarayan.

Its last annual general meeting (AGM) was held on 29 September 2018, and its latest financial statements are for the year ended 31 March 2018. The registered office was at C/O.Dr. Darak Narsinh Centre Above Hdfc Bank Ltd Opp. Central Park Hotel Off Apte Road, Pune, Maharashtra, India – 411004.

As per the financials filed for FY 2018, the company reported a revenue of ₹33,000. For the same year it recorded a net loss of ₹30,212 (net margin -91.6%) and EBITDA of -₹30,212 (EBITDA margin -91.6%).

As per MCA filings, the company had satisfied charges of ₹1.4 Cr on record.

Company details

CIN U72200PN2003PTC018548
Registration Number 018548
Incorporation Date 13 November 2003
ROC Pune
Listing Status Unlisted
Company Status Struck Off
Compliance Status Active Compliant

Contact details

Empirical Systems Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    C/O.Dr. Darak Narsinh Centre Above Hdfc Bank Ltd Opp. Central Park Hotel Off Apte Road, Pune, Maharashtra, India – 411004
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Empirical Systems Private Limited, buy the company report.

Comprehensive company report
Empirical Systems 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 Empirical Systems is real estate. In detail, this covers real estate activities on fee or contract basis.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
LReal EstateL2Real estate activities on fee or contract basis

Financials of Empirical Systems Private Limited

FY 2018 filings available

Empirical Systems Private Limited reported revenue of ₹33,000 for FY 2018.

Revenue · FY 2018
₹33,000
Net loss · FY 2018
₹30,212 margin -91.6%
EBITDA · FY 2018
-₹30,212 margin -91.6%

Financial Statement Summary

MetricsFY 2017-18FY 2016-17FY 2015-16FY 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-₹30,212
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹30,212
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 2017-18FY 2016-17FY 2015-16FY 2014-15
Profitability
EBITDA Margin-91.6%
Net Profit Margin-91.6%
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 Empirical Systems Private Limited, buy the company report.

Board of directors of Empirical Systems Private Limited

Empirical Systems has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Sumer VaswaniAdditional Director20 Mar 200917 Years 7 MonthsAs last reported
Chitoor Hariharan LaxminarayanAdditional Director20 Mar 200917 Years 7 MonthsAs last reported

Auditor

Empirical Systems Private Limited is audited by SHROFF & COMPANY for the financial year 2017.

Auditor firmFinancial yearFirm registration number
SHROFF & COMPANYFY 2017017869

Shareholding

The shareholding of Empirical Systems Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2017FY 2016
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Empirical Systems Private Limited, buy the company report.

Charges & borrowings

Open charges
None
Satisfied charges
₹1.4 Cr
Breakdown by lending institutions
Abn Amro Bank Nv₹1.40 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
06 Aug 200710062360Abn Amro Bank Nv₹1.4 CrSatisfied

To see the full charge records of Empirical Systems Private Limited, buy the company report.

Total charge records: 1 View all charges

MSME payment delays

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

GST

No GST registration is on our record for Empirical Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.

Recent activity

Empirical Systems Private Limited has 8 board changes on record since 2007: 2 appointments and 6 cessations. The latest: Sunil Madhukarrao Chandore ceased to be Director on 05 Aug 2009.

Charges
A charge registered on 06 Aug 2007 via Charge ID 10062360 with Abn Amro Bank Nv was fully satisfied on 15 Apr 2019.
AGM
Empirical Systems Private Limited last Annual general meeting of members was held on 29 Sep 2018 as per latest MCA records.
Filing
Empirical Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Pune.
Ceased
Sunil Madhukarrao Chandore ceased to be Director.
Appointed
Chitoor Hariharan Laxminarayan was appointed as Additional Director.
Appointed
Sumer Vaswani was appointed as Additional Director.
Ceased
Ambarish Balkrishna Darak ceased to be Additional Director.
Ceased
Monish Mangalkumar Darda ceased to be Director.
Ceased
Sangeeta Sandeep Wagh ceased to be Additional Director.
Ceased
Unmesh Jethanand Bhathija ceased to be Director.
Charges
A charge with Abn Amro Bank Nv amounted to Rs. 140.00 Lakh with Charge ID 10062360 was registered on 06 Aug 2007.
Ceased
Hemant Murlidhar Kurande ceased to be Director.

1 earlier event is in the company report.

Frequently asked questions

Empirical Systems has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Empirical Systems was a private limited company based in Pune, Maharashtra, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 13 November 2003 and is registered under CIN U72200PN2003PTC018548. The company has been struck off by the Registrar of Companies and is no longer operational.

Empirical Systems had 2 directors:

The CIN (Corporate Identification Number) of Empirical Systems is U72200PN2003PTC018548. 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 Empirical Systems is at CO.Dr. Darak Narsinh Centre Above Hdfc Bank Ltd Opp. Central Park Hotel Off Apte Road, Pune, Maharashtra, India – 411004.

Empirical Systems was incorporated on 13 November 2003. It is registered with the Registrar of Companies, Pune.

The latest financial statements of Empirical Systems on record with the MCA are for the year ended 31 March 2018. Its last annual general meeting was held on 29 September 2018. Year-wise statements from 2015 are in the company report.

Empirical Systems operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.

Sunil Madhukarrao Chandore ceased to be Director on 05 Aug 2009. Chitoor Hariharan Laxminarayan was appointed as Additional Director on 20 Mar 2009. Sumer Vaswani was appointed as Additional Director on 20 Mar 2009. Empirical Systems has 8 board changes on record in total.

Empirical Systems has no open charges and satisfied charges of ₹1.4 Cr as per latest MCA filings.