About K2 Systems Limited
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K2 Systems Limited is a public limited company based in Hyderabad, Telangana, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 03 July 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN L72200TG1989PLC010200. The company has 2 GST registrations on record, none of which is active. It is a listed company.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹39.4 Lakh. It was formerly known as Rescursion Software Ltd and Rescursion Software Consultants Pvt Ltd. It is led by directors Akella Venkata Rajesh and Akella Katyayani.
Its last annual general meeting (AGM) was held on 27 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at Sy No. 47 Plot No.160 Sardar Patel Road Secunderabad, Hyderabad, Telangana, India – 500003.
As per the financials filed for FY 2017, the company reported a revenue of ₹10.79 Lakh, a growth of 20% compared to the previous year.
As per MCA filings, the company has open charges of ₹38.3 Lakh on record.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website k2sy.com.
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- Website
- Social Media
- Registered AddressSy No. 47 Plot No.160 Sardar Patel Road Secunderabad, Hyderabad, Telangana, India – 500003
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Name History of K2 Systems
K2 Systems has undergone 3 name changes throughout its history. The company was previously known as Rescursion Software Ltd, Rescursion Software Consultants Pvt Ltd, and Rescursion Software Consultants Ltd. The current legal name is K2 Systems Limited.
| Company Name | Status |
|---|---|
| K2 Systems Limited | Current |
| Rescursion Software Ltd | Previous |
| Rescursion Software Consultants Pvt Ltd | Previous |
| Rescursion Software Consultants Ltd | Previous |
CIN History of K2 Systems
K2 Systems has one previous CIN (Corporate Identification Number): L72200AP1989PLC010200. The current CIN is L72200TG1989PLC010200, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L72200TG1989PLC010200 | Current |
| L72200AP1989PLC010200 | Previous |
Business Activity of K2 Systems
The main business activity of K2 Systems is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details for K2 Systems Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of K2 Systems
K2 Systems Limited is audited by M M REDDY & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M M REDDY & CO | Locked | Locked | Locked |
Complete auditor history for K2 Systems Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of K2 Systems Limited
K2 Systems has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akella Venkata Rajesh Also directs: Doctorstime Health Services Private Limited | Director | 28 Oct 2017 | 8 Years 11 Months | Current |
| Akella Katyayani Also directs: Doctorstime Health Services Private Limited | Director | 11 Mar 2019 | 7 Years 6 Months | Current |
Financials of K2 Systems Limited FY 2017 filings available
K2 Systems Limited reported revenue of ₹10.79 Lakh (up 20.00% YoY) for FY 2017.
Ten-year financial statements for K2 Systems Limited
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of K2 Systems
Shareholding and ownership data for K2 Systems Limited
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of K2 Systems
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Mar 2001 | Syndicate Bank | ₹25 Lakh | Open |
| 29 Feb 2000 | Syndicate Bank | ₹3.3 Lakh | Open |
| 22 Jun 1995 | Syndicate Bank | ₹5 Lakh | Open |
| 02 Jun 1995 | Syndicate Bank | ₹5 Lakh | Open |
Total charge records: 4 View all charges
Employees and EPFO Compliance at K2 Systems
Employment history and EPFO contributions of people linked to K2 Systems.
Employee and EPFO history for K2 Systems Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of K2 Systems
K2 Systems has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
GST registrations and filing compliance for K2 Systems Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for K2 Systems
Credit ratings, litigation, and regulatory alerts for K2 Systems Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by K2 Systems
MSME payment history for K2 Systems Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of K2 Systems
Corporate group structure for K2 Systems Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of K2 Systems
MCA filings and documents for K2 Systems Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on K2 Systems
Frequently Asked Questions about K2 Systems Limited
K2 Systems is an active public limited company based in Hyderabad, Telangana, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 03 July 1989 (37+ years old) and is registered under CIN L72200TG1989PLC010200.
K2 Systems reported revenue of ₹10.79 Lakh for FY 2017 (up 20.00% YoY).
K2 Systems has 2 current directors:
- Akella Venkata Rajesh - Director
- Akella Katyayani - Director
No. K2 Systems has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of K2 Systems is L72200TG1989PLC010200. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, K2 Systems is a listed company.
K2 Systems was incorporated on 03 July 1989, making it 37+ years old. It is registered with the Registrar of Companies, Hyderabad.
K2 Systems can be reached through the website k2sy.com. Its registered office is in Hyderabad, Telangana, India.
The registered office of K2 Systems is at Sy No. 47 Plot No.160 Sardar Patel Road Secunderabad, Hyderabad, Telangana, India – 500003.