Maven Systems Private Limited

Maven Systems Private Limited - information technology in Hyderabad, Telangana, India. Directors, charges & compliance details.
CIN U72900TG2009PTC146864 Incorporated 21 October 2009 ROC Hyderabad HQ Hyderabad, Telangana, India
Merged Private Limited Company information technology
Data last updated
Revenue · FY 2021
₹2.63 Cr
▼ 80% YoY
Net loss · FY 2021
₹5.32 Cr
Net margin -202.5%
EBITDA · FY 2021
-₹1.27 Cr
EBITDA margin -48.1%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
17 yrs
Est. 2009
Directors on board
5
As per MCA filings
Active GSTINs
2
GST registered

About Maven Systems Private Limited

Data last updated:

Maven Systems Private Limited was a private limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Moschip Technologies Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 21 October 2009.

The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72900TG2009PTC146864. Its GSTIN is 36AAGCM2256F1ZL (Telangana). The company held 2 GST registrations, all of them active.

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Suresh Bachalakura and Suresh Mudhunuri.

Its last annual general meeting (AGM) was held on 27 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 1 Laxmi Chambers Industrial Park, Hyderabad, Telangana.

As per the financials filed for FY 2021, the company reported a revenue of ₹2.63 Cr, a decline of 80% compared to the previous year. For the same year it recorded a net loss of ₹5.32 Cr (net margin -202.5%) and EBITDA of -₹1.27 Cr (EBITDA margin -48.1%). Revenue has declined at a compounded annual rate (CAGR) of 9% over five years.

The company was associated with 2 brands: Maven Systems and Moschip. Court records list 3 cases involving the company, including 2 filed by the company; 3 cases are pending. The company has 3 deals on record (3 secondary share transfers); the latest was in December 2016. Its 10 peer companies in the Information Technology industry (Electronic Equipment and Components Manufacturing) are compared by revenue, 5 larger and 5 smaller; the largest is Electromech Instrumentation Private Limited with revenue of ₹2.66 Cr.

The last known website on record is mavensystems.com.

Company Details of Maven Systems Private Limited
CIN U72900TG2009PTC146864
Registration Number 146864
Incorporation Date 21 October 2009
ROC Hyderabad
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 27 September 2021
Date of Balance Sheet 31 March 2021
Parent Company Moschip Technologies Limited
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Plot No C – 5 A (P) Survey No. 1 Laxmi Chambers Industrial Park Beside Lane Gvk Bio Up, Pal, Hyderabad, Telangana, India – 500039
  • Industry
    Information Technology, Electronic Components & Equipment Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Maven Systems Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Maven Systems Private Limited

The main business activity of Maven Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

  • Turnover contribution
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Financials of Maven Systems Private Limited FY 2021 filings available

Maven Systems Private Limited reported revenue of ₹2.63 Cr (down 80% YoY) for FY 2021.

Revenue · FY 2021
₹2.63 Cr ▼ 80%
Net loss · FY 2021
₹5.32 Cr margin -202.5%
EBITDA · FY 2021
-₹1.27 Cr margin -48.1%

Compounded Annual Growth Rate (CAGR) of Maven Systems Private Limited

Revenue CAGR growth
1 year
▼ 80%
5 years · compounded
▼ 9%
EBITDA CAGR growth
1 year
▲ 75%
5 years · compounded
▼ 78%

Revenue has declined at a compounded annual rate (CAGR) of 9% over five years, including a 80% fall in the latest year. EBITDA rose 75% 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 Maven Systems Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹2.63 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹1.27 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹5.32 Cr••••••••••••••••
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 Maven Systems Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin-48.1%••••••••••••••••
Net Profit Margin-202.5%••••••••••••••••
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 Maven Systems are in the company report.

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Financial statements from 2015

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Peer Comparison of Maven Systems Private Limited

Maven Systems 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.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Electromech Instrumentation Private Limited₹2.66 Cr (FY 2025)••••••••40.0%••••Pune, Maharashtra, India
Lovely Forms and Stationery Private Limited₹2.64 Cr (FY 2025)••••••••-18.0%••••New Delhi, Delhi, India
Elena Geo Systems Private Limited₹2.64 Cr (FY 2024)••••••••-87.0%••••Bangalore, Karnataka, India
Iteltronics Private Limited₹2.63 Cr (FY 2024)••••••••270.0%••••Bangalore, Karnataka, India
Hexagon Automation and Solutions Private Limited₹2.63 Cr (FY 2024)••••••••178.0%••••Bangalore, Karnataka, India
Maven Systems Private Limited this company₹2.63 Cr (FY 2021)••••••••-80.0%••••Hyderabad, Telangana, India
Greenfuturz Rfid Iot Solutions Private Limited₹2.62 Cr (FY 2024)••••••••••••Chennai, Tamil Nadu, India
Neuproel Solutions Private Limited₹2.61 Cr (FY 2025)••••••••55.0%••••Pune, Maharashtra, India
Electrocom Software Private Limited₹2.61 Cr (FY 2025)••••••••14.0%••••Ahmedabad, Gujarat, India
Lumixor Marketing Private Limited₹2.6 Cr (FY 2024)••••••••23.0%••••Kozhikode, Kerala, India
Saveair Technologies Private Limited₹2.6 Cr (FY 2024)••••••••16.0%••••Chennai, Tamil Nadu, India

Peers are the five companies nearest above and the five nearest below Maven Systems 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 Maven Systems Private Limited

Maven Systems Private Limited is audited by S T MOHITE & CO for the financial year 2020.

NameStatusAppointment DateCessation Date
S T MOHITE & COLockedLockedLocked
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Board of Directors of Maven Systems Private Limited

Maven Systems has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Suresh BachalakuraDirector20 Apr 20188 Years 5 MonthsAs last reported
Suresh MudhunuriDirector20 Apr 20188 Years 5 MonthsAs last reported
Jayaram SusarlaDirector20 Apr 20188 Years 5 MonthsAs last reported
Venkata Sudhakar SimhadriDirector26 Sep 20197 Years 0 MonthsAs last reported
Pradeep Chandra KathiDirector13 Aug 20197 Years 2 MonthsAs last reported

Ownership and Shareholding of Maven Systems Private Limited

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Charges & Borrowings of Maven Systems Private Limited

Maven Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.

Deals & Funding of Maven Systems Private Limited

Maven Systems Private Limited has 3 deals on record (3 secondary share transfers); the latest was in December 2016.

Total deals
3
Secondary share transfers
3

Deals on record (3 of 3)

WhenDealAmountParties
Dec 2016Secondary share transferUndisclosedBuyer: Moschip Technologies Limited , Seetha Raman Voleti & Moschip Technologies Limited
Seller: 3 individuals
Jun 2016Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Feb 2011Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
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Full deal history

All 3 deals with amounts, valuations, instruments and every party are in the company report.

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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Associated Brands with Maven Systems Private Limited

Maven Systems operates two associated brands: Maven Systems and Moschip. Each brand links to its own profile.

BrandDescriptionWebsite
Semiconductor design service providermoschip.com
IoT-based software platform for automated control of smart meters and street lightsmavensystems.com

Employees and EPFO Compliance at Maven Systems Private Limited

Employment history and EPFO contributions of people linked to Maven Systems.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Maven Systems Private Limited

Maven Systems has one previous CIN (Corporate Identification Number): U72900PN2009PTC134858. The current CIN is U72900TG2009PTC146864, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U72900TG2009PTC146864Current
U72900PN2009PTC134858Previous

Recent Activity on Maven Systems Private Limited

Maven Systems Private Limited has 16 board changes on record since 2011: 5 appointments and 11 cessations. The latest: Pradeep Chandra Kathi ceased to be Additional Director on 28 Sep 2019.

AGM
Maven Systems Private Limited last Annual general meeting of members was held on 27 Sep 2021 as per latest MCA records.
Filing
Maven Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.
Ceased
Pradeep Chandra Kathi ceased to be Additional Director.
Ceased
Venkata Sudhakar Simhadri ceased to be Additional Director.
Appointed
Venkata Sudhakar Simhadri was appointed as Director.
Appointed
Pradeep Chandra Kathi was appointed as Director.
Ceased
Jayaram Susarla ceased to be Additional Director.
Ceased
Suresh Bachalakura ceased to be Additional Director.
Ceased
Suresh Mudhunuri ceased to be Additional Director.
Ceased
Aisola Chandra Sekhar ceased to be Director.
Appointed
Jayaram Susarla was appointed as Director.
Ceased
Kasinath Tumuluru ceased to be Director.

7 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Maven Systems Private Limited

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MSME Payment Delays by Maven Systems Private Limited

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Subsidiaries & Group Companies of Maven Systems Private Limited

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GST Compliance of Maven Systems Private Limited

Maven Systems has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
36AAGCM2256F1ZLTelanganaActive05 Jan 2021
27AAGCM2256F1ZKMaharashtraActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Maven Systems Private Limited

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Frequently Asked Questions about Maven Systems Private Limited

Maven Systems has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Maven Systems was a private limited company based in Hyderabad, Telangana, India. The company worked in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 21 October 2009 and is registered under CIN U72900TG2009PTC146864. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Maven Systems was incorporated on 21 October 2009. It is registered with the Registrar of Companies, Hyderabad.

Maven Systems had 5 directors:

The CIN (Corporate Identification Number) of Maven Systems is U72900TG2009PTC146864. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Maven Systems is at Plot No C – 5 A P Survey No. 1 Laxmi Chambers Industrial Park Beside Lane Gvk Bio Up, Pal, Hyderabad, Telangana, India – 500039.

Maven Systems can be reached through the website mavensystems.com. Its registered office is in Hyderabad, Telangana, India.

Maven Systems reported revenue of ₹2.63 Cr for FY 2021 (down 80% YoY).

Maven Systems has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.

Maven Systems reported a net loss of ₹5.32 Cr (net margin -202.5%) and EBITDA of -₹1.27 Cr (EBITDA margin -48.1%) for FY 2021, as per its filed financial statements.

The GSTIN of Maven Systems is 36AAGCM2256F1ZL, registered in Telangana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAGCM2256F1ZK (Maharashtra).

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