MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-TN-02-0017132
Jove Multisystems Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹2.21 Cr
▲ 2% YoY
Net profit · FY 2024
₹13.09 Lakh
Net margin 5.9%
EBITDA · FY 2024
₹44.25 Lakh
EBITDA margin 20%
Authorised capital
₹1 Cr
Registered with MCA
Paid-up capital
₹72.03 Lakh
Issued & subscribed
Satisfied charges
₹8.13 Cr
No open charges
Company age
22 yrs
Est. 2004
Employees · EPFO
6
Provident fund records
About Jove Multisystems Private Limited
Data last updated:
Jove Multisystems Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 21 April 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31200TN2004PTC053061. Its GSTIN is 33AABCJ4187H1ZL (Tamil Nadu).
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹72.03 Lakh. It is led by directors Venkateswaransr (Whole-Time Director) and Johnsonr (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Firstflooraikyatowerplotno:86 Srikrishnanagarnoombal, Chennai, Tamil Nadu, India – 600077.
As per the financials filed for FY 2024, the company reported a revenue of ₹2.21 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹13.09 Lakh (net margin 5.9%) and EBITDA of ₹44.25 Lakh (EBITDA margin 20%). Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 25% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹8.13 Cr on record. Court records list 6 cases involving the company, including 2 filed by the company and 4 filed against it; 1 case is pending.
Jove Multisystems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-TN-02-0017132). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website jove.co.in.
Company Details of Jove Multisystems Private Limited
CIN U31200TN2004PTC053061
Registration Number 053061
Incorporation Date 21 April 2004
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-TN-02-0017132
Recognitions & Rankings of Jove Multisystems
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressFirstflooraikyatowerplotno:86 Srikrishnanagarnoombal, Chennai, Tamil Nadu, India – 600077
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
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Business Activity of Jove Multisystems Private Limited
The main business activity of Jove Multisystems is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
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Turnover share and past changes in activity are in the company report.
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Financials of Jove Multisystems Private Limited FY 2024 filings available
Jove Multisystems Private Limited reported revenue of ₹2.21 Cr (up 2% YoY) for FY 2024.
Revenue · FY 2024
₹2.21 Cr ▲ 2%
Net profit · FY 2024
₹13.09 Lakh margin 5.9%
EBITDA · FY 2024
₹44.25 Lakh margin 20%
Compounded Annual Growth Rate (CAGR) of Jove Multisystems Private Limited
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▼ 11%
5 years · compounded
▼ 25%
EBITDA CAGR growth
1 year
▼ 54%
3 years · compounded
▼ 10%
5 years · compounded
▼ 18%
Revenue rose 2% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 25%. EBITDA fell 54% 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 of Jove Multisystems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹44.25 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹13.09 Lakh | •••• | •••• | •••• | •••• |
| 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 of Jove Multisystems Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 20% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Jove Multisystems are in the company report.
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Financial statements from 2015
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Board of Directors of Jove Multisystems Private Limited
Jove Multisystems has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkateswaransr | Whole-Time Director | 23 Apr 2004 | 22 Years 5 Months | Current |
| Johnsonr | Whole-Time Director | 23 Apr 2004 | 22 Years 5 Months | Current |
Peer Comparison of Jove Multisystems Private Limited
Jove Multisystems Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Photon Controls (India) Private Limited | ₹2.22 Cr (FY 2024) | •••• | •••• | 9.0% | •••• | Nashik, Maharashtra, India |
| Bla Etech Private Limited | ₹2.22 Cr (FY 2024) | •••• | •••• | -26.0% | •••• | Delhi, India |
| Relution Energy Tech Private Limited | ₹2.21 Cr (FY 2024) | •••• | •••• | 96.0% | •••• | Chennai, Tamil Nadu, India |
| Anubha Chouhan Associates Private Limited | ₹2.21 Cr (FY 2024) | •••• | •••• | 34.0% | •••• | Indore, Madhya Pradesh, India |
| Smartenersol Renewables Private Limited | ₹2.21 Cr (FY 2024) | •••• | •••• | 381.0% | •••• | Ernakulam, Kerala, India |
| Jove Multisystems Private Limited this company | ₹2.21 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Chennai, Tamil Nadu, India |
| Geeta Technologies Private Limited | ₹2.21 Cr (FY 2025) | •••• | •••• | 117.0% | •••• | Nigdi, Maharashtra, India |
| GSC Infosolutions Private Limited | ₹2.21 Cr (FY 2020) | •••• | •••• | 149.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Vaishvik Civilization Private Limited | ₹2.2 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Noida, Uttar Pradesh, India |
| Palas Software Private Limited | ₹2.2 Cr (FY 2024) | •••• | •••• | -27.0% | •••• | New Delhi, Delhi, India |
| Aureole Process Equipments Private Limited | ₹2.2 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Sinnar, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Jove Multisystems by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Jove Multisystems Private Limited
Jove Multisystems Private Limited is audited by VICTORIA MATHEWS & SANTHAKUMAR for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VICTORIA MATHEWS & SANTHAKUMAR | Locked | Locked | Locked |
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Ownership and Shareholding of Jove Multisystems Private Limited
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Charges & Borrowings of Jove Multisystems Private Limited
Open charges
None
Satisfied charges
₹8.13 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Nov 2015 | Others | ₹5.73 Cr | Satisfied |
| 09 Oct 2007 | Indian Bank | ₹1.75 Cr | Satisfied |
| 06 Oct 2007 | Indian Bank | ₹45 Lakh | Satisfied |
| 11 Jun 2005 | Indian Bank | ₹20 Lakh | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Jove Multisystems Private Limited
Jove Multisystems Private Limited has 6 court cases on record: 2 filed by Jove Multisystems, 4 filed against it. 1 case is pending and 5 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Total cases
6
Filed by the company
2
Filed against the company
4
Pending
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 4 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Aditya Birla Finance Limited | Disposed |
| District court, Kolhapur, Maharashtra | Civil suit | Filed against the company by RBL Bank Limited | Disposed |
| District court, Faridabad, Haryana | Commercial suit | Filed against the company by Dhani Loans and Services Limited | Disposed |
| District court, Chengalpattu, Tamil Nadu | Appeal | Filed by the company against M/S.Deekay Electicals | Pending |
| District court, Chengalpattu, Tamil Nadu | Criminal miscellaneous application | Filed by the company against M/S.Deekay Electicals | Disposed |
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All 6 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Employees and EPFO Compliance at Jove Multisystems Private Limited
Jove Multisystems Private Limited has a workforce of 6 employees as of Apr 06, 2024.
Employee count
6
Active EPFO establishments
1
Employee growth
-40%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Jove Multisystems Private Limited
Jove Multisystems Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Subramaniam Chokkalingam Venkatachalam ceased to be Additional Director on 07 Jun 2023.
AGM
Jove Multisystems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge registered on 09 Oct 2007 via Charge ID 10078088 with Indian Bank was fully satisfied on 06 May 2024.
Charges
A charge registered on 06 Oct 2007 via Charge ID 10076476 with Indian Bank was fully satisfied on 06 May 2024.
Charges
A charge registered on 11 Jun 2005 via Charge ID 90288190 with Indian Bank was fully satisfied on 06 May 2024.
Filing
Jove Multisystems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge registered on 19 Nov 2015 via Charge ID 10618748 with Others was fully satisfied on 07 Dec 2023.
Ceased
Subramaniam Chokkalingam Venkatachalam ceased to be Additional Director.
Charges
A charge with Others of Rs. 5.73 Cr registered on 19 Nov 2015 with Charge ID 10618748 was modified on 04 Jan 2021.
Ceased
Subramaniyan Venkatesan ceased to be Director.
Charges
A charge with Others amounted to Rs. 5.73 Cr with Charge ID 10618748 was registered on 19 Nov 2015.
Charges
A charge with Indian Bank of Rs. 1.75 Cr registered on 09 Oct 2007 with Charge ID 10078088 was modified on 15 Nov 2012.
Ceased
Sivakumar Murugavel ceased to be Director.
6 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Jove Multisystems Private Limited
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MSME Payment Delays by Jove Multisystems Private Limited
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Subsidiaries & Group Companies of Jove Multisystems Private Limited
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GST Compliance of Jove Multisystems Private Limited
Jove Multisystems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCJ4187H1ZL | Tamil Nadu | Active | 01 Jul 2017 |
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MCA Filings & Documents of Jove Multisystems Private Limited
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Frequently Asked Questions about Jove Multisystems Private Limited
Jove Multisystems is an active private limited company based in Chennai, Tamil Nadu, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 21 April 2004 (22+ years old) and is registered under CIN U31200TN2004PTC053061.
Jove Multisystems reported revenue of ₹2.21 Cr for FY 2024 (up 2% YoY).
Jove Multisystems has 2 current directors:
- Venkateswaransr - Whole-Time Director
- Johnsonr - Whole-Time Director
Jove Multisystems reported a net profit of ₹13.09 Lakh (net margin 5.9%) and EBITDA of ₹44.25 Lakh (EBITDA margin 20%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Jove Multisystems is -11% over three years and -25% over five years. In the latest year (FY 2024) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Jove Multisystems is 33AABCJ4187H1ZL, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Jove Multisystems is U31200TN2004PTC053061. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Jove Multisystems has 6 court cases on record: 2 filed by the company and 4 filed against it. 1 is pending.
Jove Multisystems was incorporated on 21 April 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Jove Multisystems by revenue are Photon Controls (India) Private Limited, Bla Etech Private Limited, Relution Energy Tech Private Limited, Anubha Chouhan Associates Private Limited, Smartenersol Renewables Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
Subramaniam Chokkalingam Venkatachalam ceased to be Additional Director on 07 Jun 2023. Subramaniyan Venkatesan ceased to be Director on 07 May 2019. Sivakumar Murugavel ceased to be Director on 02 Aug 2010. Jove Multisystems has 5 board changes on record in total.