Garudacorp Systems Private Limited
About Garudacorp Systems Private Limited
Data last updated:
Garudacorp Systems Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 27 March 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U05139TZ1995PTC005965. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jai Parameswaran (Managing Director) and Sivaraman Ushajai.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 16 Abhirami Nagar Sungam Bye Pass Road, Coimbatore, Tamil Nadu, India – 641045.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.37 Cr, a decline of 60% compared to the previous year. For the same year it recorded a net loss of ₹8.36 Lakh (net margin -1.6%) and EBITDA of -₹54,872 (EBITDA margin -0.1%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 16% over five years.
As per MCA filings, the company has open charges of ₹63 Lakh and satisfied charges of ₹65 Lakh on record. Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Garudacorp Systems Private Limited's registered office is in Coimbatore, Tamil Nadu. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address16 Abhirami Nagar Sungam Bye Pass Road, Coimbatore, Tamil Nadu, India – 641045
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Garudacorp 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
Business activity
The main business activity of Garudacorp Systems is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Garudacorp Systems Private Limited, buy the company report.
Financials of Garudacorp Systems Private Limited
FY 2025 filings availableGarudacorp Systems Private Limited reported revenue of ₹5.37 Cr (down 60% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 16% over five years, including a 60% fall in the latest year. EBITDA fell 104% 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 |
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| EBITDA | -₹54,872 | ||||
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| Net Profit (PAT) | -₹8.36 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -0.1% | ||||
| Net Profit Margin | -1.6% | ||||
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To see the full financial statements and ratios of Garudacorp Systems Private Limited, buy the company report.
Board of directors of Garudacorp Systems Private Limited
Garudacorp Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sivaraman Ushajai | Director | 25 Nov 1997 | 28 Years 10 Months | Current |
| Jai Parameswaran | Managing Director | 27 Mar 1995 | 31 Years 6 Months | Current |
Auditor
Garudacorp Systems Private Limited is audited by P S SUNDARESAN & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P S SUNDARESAN & CO | FY 2022 | 007412S |
Shareholding
The shareholding of Garudacorp Systems Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Garudacorp Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2013 | 10405401 | State Bank of Hyderabad | ₹63 Lakh | Satisfied | |
| 20 Sep 1996 | 90002997 | State Bank of Hyderabad | ₹2 Lakh | Satisfied |
To see the full charge records of Garudacorp Systems Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Garudacorp Systems Private Limited has 1 court case on record: 1 filed by Garudacorp Systems. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Coimbatore, Tamil Nadu | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Garudacorp Systems Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Garudacorp Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Garudacorp Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Garudacorp Systems Private Limited, buy the company report.
Recent activity
Garudacorp Systems Private Limited has 2 board changes on record since 1995: 2 appointments. The latest: Sivaraman Ushajai was appointed as Director on 25 Nov 1997.
Frequently asked questions
Garudacorp Systems is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 27 March 1995 (31+ years old) and is registered under CIN U05139TZ1995PTC005965.
Garudacorp Systems has 2 current directors:
- Jai Parameswaran - Managing Director
- Sivaraman Ushajai - Director
The latest financial statements of Garudacorp Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
No. Garudacorp Systems has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Garudacorp Systems is U05139TZ1995PTC005965. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garudacorp Systems has 1 court case on record: 1 filed by the company.
Garudacorp Systems was incorporated on 27 March 1995, making it 31+ years old. It is registered with the Registrar of Companies, Coimbatore.
Sivaraman Ushajai was appointed as Director on 25 Nov 1997. Jai Parameswaran was appointed as Managing Director on 27 Mar 1995.
The registered office of Garudacorp Systems is at 16 Abhirami Nagar Sungam Bye Pass Road, Coimbatore, Tamil Nadu, India – 641045.
Garudacorp Systems operates in the information technology industry, in the IT products retail and distribution segment.