Maveric Systems Limited - Company Profile

Q: Who are the current directors of Maveric Systems Limited?

The current directors of Maveric Systems Limited are Parthasarathy Namakal Srinivasan, Venkatesh Padmanabhachari, Aravamudhan Ramaswamy Parthasarathy, Venkatraman Gopalasamudram Srinivasan, Shaji Farooq, Rama Sivaraman, Pratibha Sanghi, Arun Jain, Subramanian Nurani Neelakantan, Indupuri Ranga Reddy, Anil Sachdev.

It is a information technology public limited company based in Chennai, Tamil Nadu, India, established in 2000.

2000 Chennai, Tamil Nadu, India Active

Last Updated: December 20, 2025

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About Maveric Systems Limited

Maveric Systems Limited, a active public limited company, was established on 19 June 2000 in Chennai, Tamil Nadu, India. Engaging in software development & support services within the information and communication sector, it holds CIN: U74140TN2000PLC045197. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹5.20 Cr and a paid-up capital of ₹4.09 Cr.

It upholds a compliant status. Employing 2,563 professional, Its leadership includes Parthasarathy Namakal Srinivasan (Director), Venkatesh Padmanabhachari (Whole-Time Director), Aravamudhan Ramaswamy Parthasarathy (Director). Past directors included Mahesh Velliyur Nott, Madanmohan Raman Nair Thevarkalathil, Shankar Krishnamurthy. It holds ₹21.00 Cr open charges and ₹7.95 Cr settled loans. Its latest AGM occurred on 08 August 2025, with the balance sheet filed on 31 March 2025. It is based at 2Nd Floor, Block 5, Dlf It Park, 1/124, Nandambakkam Post, Ramapuram, Mount Poon, Amallee Rd, Chennai, Tamil Nadu, 600089.

Company Details

CIN/LLPIN
U74140TN2000PLC045197
Registration Number
045197
Incorporation Date
19 June 2000
Authorized Capital
₹5.20 Cr
Paid-Up Capital
₹4.09 Cr
ROC Code
Roc Chennai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.20 Cr as on 20-12-2025
Paid Up Capital ₹ 4.09 Cr as on 20-12-2025
Company Age 25 Year, 7 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 21.00 Cr as on 20-12-2025
Satisfied Charges ₹ 7.95 Cr as on 20-12-2025
Revenue Growth **** 21.55% (FY 2023)
Profit Growth **** 38.23% (FY 2023)
Ebitda **** 35.68% (FY 2023)
Net Worth 42.10% (FY 2023)
Total Assets **** 25.83% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Maveric Systems 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 Maveric Systems Limited?

Current Directors

Name	Designation	Appointment Date	Status
Parthasarathy Namakal Srinivasan	Director	18 Jan 2024	Current
Venkatesh Padmanabhachari	Whole-Time Director	24 Jun 2021	Current
Aravamudhan Ramaswamy Parthasarathy	Director	20 Feb 2020	Current
Shaji Farooq	Additional Director	23 May 2024	Current
Rama Sivaraman	Director	31 Mar 2022	Current
Arun Jain	Director	19 Jun 2000	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Whole-Time Director	31 Aug 2025	Past
Pramod Abcsdd	Additional Director	08 Jun 2009	Past
Pramod Abcsdd	Director	20 Feb 2020	Past
Pramod Abcsdd	Additional Director	30 Jul 2024	Past
Pramod Abcsdd	Additional Director	24 Jun 2021	Past
Pramod Abcsdd	Additional Director	31 Aug 2020	Past

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Financial Performance of Maveric Systems.

Maveric Systems Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.55% increase. The company also saw a substantial improvement in profitability, with a 38.23% increase in profit. The company's net worth Soared by an impressive increase of 42.1%.

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

********

21.55%

*******

Revenue from Operations

*******

21.63%

*******

Total Assets

*******

25.83%

*******

Profit or Loss

*******

38.23%

*******

Net Worth

*******

42.10%

*******

EBITDA

*******

35.68%

*******

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What is the Ownership and Shareholding Structure of Maveric Systems?

In 2023, Maveric Systems had a promoter holding of 55.95% and a public holding of 44.05%. 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

₹210,000,000.00

Satisfied Charges

₹79,466,000.00

Charges Breakdown by Lending Institutions

Citi Bank N.A. : 15.00 Cr
State Bank Of India : 6.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
30 Jun 2025	State Bank Of India	₹6.00 Cr	Open
16 Feb 2016	Citi Bank N.A.	₹15.00 Cr	Open
25 Aug 2015	Dbs Bank Ltd	₹1.00 Cr	Satisfied
31 Aug 2010	Hdfc Bank Limited	₹0.47 M	Satisfied
30 Mar 2004	State Bank Of India	₹6.00 Cr	Satisfied

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How Many Employees Work at Maveric Systems?

Maveric Systems has a workforce of 2563 employees as of Apr 05, 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 Maveric 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 Maveric Systems's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

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 Maveric Systems

Recent Activity within the Organization

Annual General Meeting

The activity Maveric Systems Limited last Annual general meeting of members was held on 08 Aug 2025 as per latest MCA records. was completed.
08 Aug 2025
Charges

The activity A charge registered on 30 Mar 2004 via Charge ID 90286126 with State Bank Of India was fully satisfied on 31 Jul 2025. was completed.
31 Jul 2025
Charges

A charge with State Bank Of India amounted to Rs. 6.00 Cr with Charge ID 101128224 was registered on 30 Jun 2025. was recorded as a recent event.
30 Jun 2025
Balance Sheet

Progress on Maveric Systems Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai. was documented.
31 Mar 2025
Charges

The activity A charge with State Bank Of India of Rs. 6.00 Cr registered on 30 Mar 2004 with Charge ID 90286126 was modified on 28 Jun 2024. was completed.
28 Jun 2024
Director Appointment

Progress on Shaji Farooq was appointed as a Additional Director was appointed as a Additional Director on 23 May 2024 & has been associated with this company since 1 year 8 months . was documented.
23 May 2024

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