Groovy Systems Private Limited

Software company specializing in design, development, customization, and distribution of computer software and solutions.

2016 | Hyderabad, Telangana (India) | Active
Last Updated:

Groovy Systems Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 8 Year, 6 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth %
  • Profit Growth -12.63%
  • Ebitda -216.05%
  • Net Worth -96.19%
  • Total Assets -55.03%

About Groovy Systems

Groovy Systems Private Limited (GSPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 November 2016 (Eight years and six months 19 days old ). Its registered office is in Hyderabad, Telangana, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Kartheek Giragani and Giragani Kumar serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U52590TG2016PTC112832

  • Company No.

    112832

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Nov 2016

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology
Company report

Groovy Systems Private Limited

Explore comprehensive data for Groovy Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Groovy Systems?

Executive Team (1)

NameDesignationAppointment DateStatus
Giragani Kumar Country flag representing In Managing Director29-Oct-2022Current

Board Members (1)

NameDesignationAppointment DateStatus
Kartheek Giragani Country flag representing In Director 29-Oct-2022Current

Financial Performance of Groovy Systems.

Groovy Systems Private Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 12.63% decrease in profit. The company's net worth observed a substantial decline by a decrease of 96.19%.

Groovy Systems revenue growth over time
Groovy Systems profit and loss trends over time
  • 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
Revenue from Operations
Total Assets
-55.03%
Profit or Loss
-12.63%
Net Worth
-96.19%
EBITDA
-216.05%

What is the Ownership and Shareholding Structure of Groovy Systems?

In 2020, Groovy Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Groovy Systems?

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

Employee growth trends for Groovy Systems Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Groovy 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 Groovy 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

Alert Indicator

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.

Latest Updates, News, and FAQs on Groovy Systems

Recent activity within the organization

  • Director Appointment

    Kartheek Giragani was appointed as a Director was appointed as a Director on 29 Oct 2022 & has been associated with this company since 2 years 6 months .

  • Director Appointment

    Giragani Kranthi Kumar was appointed as a Managing Director was appointed as a Managing Director on 29 Oct 2022 & has been associated with this company since 2 years 6 months .

  • Annual General Meeting

    Groovy Systems Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Groovy Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Hyderabad.

  • Company Incorporation

    Groovy Systems Private Limited was registered on 07 Nov 2016 with Roc Hyderabad & aged 8 years 6 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Groovy Systems Private Limited?

    Groovy Systems Private Limited was incorporated on 07 Nov 2016.

  • What is authorized share capital and paid-up capital of Groovy Systems Private Limited?

    The authorized share capital of Groovy Systems Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Who are the current board members & directors of Groovy Systems Private Limited?

    Currently 2 directors are associated with Groovy Systems Private Limited.

    • Kartheek Giragani
    • Giragani Kranthi Kumar
  • What is the registered address of Groovy Systems Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Groovy Systems Private Limited is H.No.2-41/11/6/2, Gachibowli - Miyapur India, Serilingampally, Telangana, 500084.

  • What is the corporate identification number (CIN) and company number of Groovy Systems Private Limited?

    The corporate identification number (CIN) of Groovy Systems Private Limited is U52590TG2016PTC112832 and the company number is 112832 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Groovy Systems Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Groovy Systems Private Limited has experienced an downturn of -96.19%.

  • When was the last Balance Sheet of Groovy Systems Private Limited filed with the ROC?

    The most recent Balance Sheet for Groovy Systems Private Limited was filed with the ROC on 31 Mar 2022.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on Application Development & Software Solutions