Ittiam Systems Private Limited - Company Profile

It is a information technology private limited company based in Bangalore, Karnataka, India, established in 2001.

2001 Bangalore, Karnataka, India Active

Last Updated: January 10, 2026

About Ittiam Systems Private Limited

Ittiam Systems Private Limited, a active private limited company, was established on 03 January 2001 in Bangalore, Karnataka, India. Engaging in electronic components & equipment manufacturing within the information and communication sector, it holds CIN: U72900KA2001PTC028392. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹7.87 M.

It upholds a compliant status. Employing 47 professional, Its leadership includes Srinivasan Rajam (Managing Director), Andrew Johann Bhagyanathan (Director), Ganesan Ravishanker (Whole-Time Director). Past directors included Veerappa Hegde Gangaiah Hegde Siddhartha, Amit Gupta, Andrew Johann Bhagyanathan. It holds ₹12.00 Cr open charges and ₹24.40 Cr settled loans. Its latest AGM occurred on 18 July 2025, with the balance sheet filed on 31 March 2025. It is based at Consulate - 1 No.1, Richmond Road, Bangalore, Karnataka, 560025.

Company Details

CIN/LLPIN
U72900KA2001PTC028392
Registration Number
028392
Incorporation Date
03 January 2001
Authorized Capital
₹2.00 Cr
Paid-Up Capital
₹7.87 M
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 2.00 Cr as on 10-01-2026
Paid Up Capital ₹ 7.87 M as on 10-01-2026
Company Age 25 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 12.00 Cr as on 10-01-2026
Satisfied Charges ₹ 24.40 Cr as on 10-01-2026
Revenue Growth **** 27.39% (FY 2023)
Profit Growth **** 83.72% (FY 2023)
Ebitda **** 84.36% (FY 2023)
Net Worth 19.97% (FY 2023)
Total Assets **** 9.11% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Ittiam 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 Ittiam Systems Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Srinivasan Rajam	Managing Director	03 Jan 2001	Current
Andrew Johann Bhagyanathan	Director	23 Jul 2021	Current
Ganesan Ravishanker	Whole-Time Director	27 Nov 2004	Current
Brian Byunggook Lee	Nominee Director	22 Nov 2021	Current
Srinivasan Mukund	Director	22 Nov 2021	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	31 Jul 2019	Past
Pramod Abcsdd	Director	15 Jan 2018	Past
Pramod Abcsdd	Additional Director	23 Jul 2021	Past
Pramod Abcsdd	Whole-Time Director	31 May 2021	Past
Pramod Abcsdd	Director	03 Aug 2007	Past
Pramod Abcsdd	Director	12 Apr 2015	Past

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Financial Performance of Ittiam Systems.

Ittiam Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.39% increase. The company also saw a substantial improvement in profitability, with a 83.72% increase in profit. The company's net worth Soared by an impressive increase of 19.97%.

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

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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

********

27.39%

*******

Revenue from Operations

*******

29.06%

*******

Total Assets

*******

9.11%

*******

Profit or Loss

*******

83.72%

*******

Net Worth

*******

19.97%

*******

EBITDA

*******

84.36%

*******

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What is the Ownership and Shareholding Structure of Ittiam Systems?

In 2023, Ittiam Systems had a promoter holding of 77.67% and a public holding of 22.32%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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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Charges (Loans)

Open Charges

₹120,000,000.00

Satisfied Charges

₹244,000,000.00

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 12.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
20 Sep 2018	Hdfc Bank Limited	₹12.00 Cr	Open
28 Aug 2018	Hdfc Bank Limited	₹12.00 Cr	Satisfied
26 Feb 2008	Axis Bank Ltd	₹10.00 Cr	Satisfied
29 Aug 2001	Global Trust Bank Limited	₹1.75 Cr	Satisfied
10 May 2001	Bank Of Novascotia	₹6.50 M	Satisfied

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How Many Employees Work at Ittiam Systems?

Ittiam Systems has a workforce of 47 employees as of Mar 21, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Ittiam 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 Ittiam Systems's trajectory.

Rating

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Alerts

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 Ittiam Systems

Recent Activity within the Organization

Annual General Meeting

Ittiam Systems Private Limited last Annual general meeting of members was held on 18 Jul 2025 as per latest MCA records. was recorded as a recent event.
18 Jul 2025
Balance Sheet

The activity Ittiam Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.
31 Mar 2025
Director Appointment

The activity Brian Byunggook Lee was appointed as a Nominee Director was appointed as a Nominee Director on 22 Nov 2021 & has been associated with this company since 4 years 3 months . was completed.
22 Nov 2021
Director Appointment

Progress on Srinivasan Mukund was appointed as a Director was appointed as a Director on 22 Nov 2021 & has been associated with this company since 4 years 3 months . was documented.
22 Nov 2021
Charges

A charge registered on 28 Aug 2018 via Charge ID 100207072 with Hdfc Bank Limited was fully satisfied on 18 Oct 2021. was recorded as a recent event.
18 Oct 2021
Charges

Progress on A charge with Hdfc Bank Limited of Rs. 12.00 Cr registered on 20 Sep 2018 with Charge ID 100207069 was modified on 02 Sep 2021. was documented.
02 Sep 2021

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