About Indsys Hitech Solutions Private Limited
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Indsys Hitech Solutions Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the business support services segment of the business services sector. It was incorporated on 29 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U52392TZ2013PTC019724. Its GSTIN is 33AADCI3065P1ZC (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Subbu Samy Mohana Sundaram and Duraisamy Aravintha Kumar.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at No.42 Ramana Layout Bharathi Park Road No.2 Saibaba Colony, Coimbatore, Tamil Nadu, India – 641043.
As per the financials filed for FY 2019, the company reported a revenue of ₹48.89 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹11.6 Lakh (net margin -23.7%) and EBITDA of ₹2.36 Lakh (EBITDA margin 4.8%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 20% over five years.
The company is associated with 1 brand: Indsys. As per MCA filings, the company has open charges of ₹1.15 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indsystech.com.
Company details
Contact details
Indsys Hitech Solutions Private Limited's registered office is in Coimbatore, Tamil Nadu. Its website is indsystech.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.42 Ramana Layout Bharathi Park Road No.2 Saibaba Colony, Coimbatore, Tamil Nadu, India – 641043
- IndustryBusiness Services, Business Support Services
To see the full contact details of Indsys Hitech Solutions 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
Brands
Indsys Hitech Solutions operates one associated brand: INDSYS. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers IT solutions, support, and services to businesses worldwide. | indsystech.com |
Business activity
The main business activity of Indsys Hitech Solutions is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Indsys Hitech Solutions Private Limited, buy the company report.
Financials of Indsys Hitech Solutions Private Limited
FY 2019 filings availableIndsys Hitech Solutions Private Limited reported revenue of ₹48.89 Lakh (down 34% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 34% fall in the latest year. EBITDA fell 82% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹48.89 Lakh | ||||
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| EBITDA | ₹2.36 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.6 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.8% | ||||
| Net Profit Margin | -23.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Indsys Hitech Solutions Private Limited, buy the company report.
Board of directors of Indsys Hitech Solutions Private Limited
Indsys Hitech Solutions has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subbu Samy Mohana Sundaram Also directs: Indsys Tech Services India Private Limited, Netark Telecom India Private Limited, Nocx Solutions Private Limited and 3 more | Director | 01 Mar 2019 | 7 Years 7 Months | Current |
| Duraisamy Aravintha Kumar | Director | 01 Mar 2019 | 7 Years 7 Months | Current |
Auditor
Indsys Hitech Solutions Private Limited is audited by THIRUMAVALAVAN & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| THIRUMAVALAVAN & CO | FY 2019 |
Shareholding
The shareholding of Indsys Hitech Solutions Private Limited is on record for FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Indsys Hitech Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 2013 | 10473326 | Indian Overseas Bank | ₹1.15 Cr | Open |
Total charge records: 1 View all charges
Legal cases
Indsys Hitech Solutions Private Limited has 1 court case on record: 1 filed by Indsys Hitech Solutions. All case is pending.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, Kerala | Writ petition | Filed by the company against The State Tax Officer and 3 others | Pending |
To see the full case history of Indsys Hitech Solutions 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 Indsys Hitech Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Indsys Hitech Solutions has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCI3065P1ZC | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indsys Hitech Solutions Private Limited, buy the company report.
Recent activity
Indsys Hitech Solutions Private Limited has 6 board changes on record since 2019: 2 appointments and 4 cessations. The latest: Subbu Samy Mohana Sundaram ceased to be Director on 01 Apr 2021.
Frequently asked questions
Indsys Hitech Solutions is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in business support services, within the business services industry. It was incorporated on 29 July 2013 (13+ years old) and is registered under CIN U52392TZ2013PTC019724.
Indsys Hitech Solutions has 2 current directors:
- Subbu Samy Mohana Sundaram - Director
- Duraisamy Aravintha Kumar - Director
The latest financial statements of Indsys Hitech Solutions on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of Indsys Hitech Solutions is 33AADCI3065P1ZC, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Indsys Hitech Solutions is U52392TZ2013PTC019724. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indsys Hitech Solutions has 1 court case on record: 1 filed by the company. 1 is pending.
Indsys Hitech Solutions was incorporated on 29 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Coimbatore.
Subbu Samy Mohana Sundaram ceased to be Director on 01 Apr 2021. Mahalingam Prabhu ceased to be Director on 25 Apr 2019. Subbunarasu Namagiri ceased to be Director on 25 Apr 2019. Indsys Hitech Solutions has 6 board changes on record in total.
Indsys Hitech Solutions can be reached through the website indsystech.com. Its registered office is in Coimbatore, Tamil Nadu, India.
The registered office of Indsys Hitech Solutions is at No.42 Ramana Layout Bharathi Park Road No.2 Saibaba Colony, Coimbatore, Tamil Nadu, India – 641043.