About Maveric Systems Limited
Data last updated: 20 December 2025
Maveric Systems Limited is a public limited company based in Chennai, Tamil Nadu, India. It specialises in software development and support services, a part of the broader technology and IT services sector. Incorporated on 19 June 2000, the company has been in operation for over 26 years.
Registered with ROC Chennai under CIN U74140TN2000PLC045197.
Capital: an authorised share capital of ₹5.2 Cr and a paid-up capital of ₹4.09 Cr. It is led by directors including Parthasarathy Namakal Srinivasan and Venkatesh Padmanabhachari.
Last AGM: 08 August 2025. Financial statements filed for year ended 31 March 2025. Office: 2Nd Floor Block 5 Dlf It Park, Chennai, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹575.73 Cr, a decline of 6% compared to the previous year.
The company has a workforce of approximately 2,563 employees as per the latest available data.
The company is associated with 1 brand - Maveric Systems. As per MCA filings, the company has open charges of ₹21 Cr and satisfied charges of ₹7.95 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maveric-systems.com.
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Registered Address2Nd Floor Block 5 Dlf It Park 1/124 Nandambakkam Post Ramapuram Mount Poon, Amallee Rd, Chennai, Tamil Nadu, India – 600089
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IndustryInformation Technology, Software Development & Support Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Maveric Systems Limited
Maveric Systems Limited has one previous CIN (Corporate Identification Number): L74140TN2000PLC045197. The current CIN is U74140TN2000PLC045197, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74140TN2000PLC045197 | Current |
| L74140TN2000PLC045197 | Previous |
Associated Brands with Maveric Systems Limited
Maveric Systems Limited operates one associated brand: Maveric Systems. These brands represent Maveric Systems Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| AI-powered solutions are provided for financial services transformation. | maveric-systems.com |
Competitors & Alternatives of Maveric Systems Limited
Brands and companies operating in the same space as Maveric Systems Limited include nCino, Thought Machine, Tuum and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
nCino
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Cloud-based API platform for banking operations is provided. | Wilmington, United States, United States | 2011 |
Thought Machine
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Cloud-based platform for core banking is developed via APIs. | London, United Kingdom, United Kingdom | 2014 |
Tuum
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Cloud-native API-first core banking platform is provided for banks. | Tallinn, Estonia, Estonia | 2019 |
Finxact
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Cloud-based core banking software is delivered via open APIs. | Jacksonville, United States, United States | 2016 |
ION Group
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Treasury management solutions are provided for financial institutions and banks. | New York, United States, United States | 1998 |
Nymbus
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Cloud-based core banking solutions are offered to financial institutions. | Miami, United States, United States | 2015 |
Backbase
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AI-powered banking platforms are provided for operational growth. | Amsterdam, Netherlands, Netherlands | 2003 |
Ohpen
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Developer of cloud-based core banking platform for retail mutual funds and savings accounts | Amsterdam, Netherlands, Netherlands | 2008 |
Business Activity of Maveric Systems Limited
Maveric Systems Limited is engaged in the principal business activity of information and communication, with detailed activities including computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details for Maveric Systems Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Maveric Systems Limited
Maveric Systems Limited is audited by Deloitte Haskins and Sells for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Deloitte Haskins and Sells | Locked | Locked | Locked |
Complete auditor history for Maveric Systems Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
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Board of Directors of Maveric Systems Limited
Maveric Systems Limited is currently managed by 9 directors, with 14 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Parthasarathy Namakal Srinivasan
Also directs:
Lomasa Advisors Llp, Memorable Minds Llp, Mindgrove Technologies Private Limited and 5 more
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Director | 18 Jan 2024 | 2 Years 6 Months | Current |
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Venkatesh Padmanabhachari
Also directs:
Maveric Systems Limited
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Whole-Time Director | 24 Jun 2021 | 5 Years 1 Months | Current |
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Aravamudhan Ramaswamy Parthasarathy
Also directs:
Maveric Systems Limited
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Director | 20 Feb 2020 | 6 Years 5 Months | Current |
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Shaji Farooq
Also directs:
Maveric Systems Limited
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Additional Director | 23 May 2024 | 2 Years 2 Months | Current |
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Rama Sivaraman
Also directs:
Maveric Systems Limited, Mm Forgings Limited
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Director | 31 Mar 2022 | 4 Years 4 Months | Current |
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Arun Jain
Also directs:
Maveric Systems Limited, Intellect Design Arena Limited, Polaris Banyan Holding Private Limited and 2 more
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Director | 19 Jun 2000 | 26 Years 1 Months | Current |
Financials of Maveric Systems Limited FY 2025 filings available
Maveric Systems Limited reported revenue of ₹575.73 Cr (down 6.00% YoY) for FY 2025.
Ten-year financial statements for Maveric Systems Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
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Ownership and Shareholding of Maveric Systems Limited
Shareholding and ownership data for Maveric Systems Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Maveric Systems Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 2025 | State Bank of India | ₹6 Cr | Open |
| 16 Feb 2016 | Citi Bank N.A. | ₹15 Cr | Open |
| 25 Aug 2015 | Dbs Bank Ltd | ₹1 Cr | Satisfied |
| 31 Aug 2010 | Hdfc Bank Limited | ₹4.66 Lakh | Satisfied |
| 30 Mar 2004 | State Bank of India | ₹6 Cr | Satisfied |
Total charge records: 6 View all charges
Employees and EPFO Compliance at Maveric Systems Limited
Maveric Systems Limited has a workforce of 2,563 employees as of Apr 05, 2024.
Employee and EPFO history for Maveric Systems Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Maveric Systems Limited
GST registrations and filing compliance for Maveric Systems Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Maveric Systems Limited
Credit ratings, litigation, and regulatory alerts for Maveric Systems Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Maveric Systems Limited
MSME payment history for Maveric Systems Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Maveric Systems Limited
Corporate group structure for Maveric Systems Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Maveric Systems Limited
MCA filings and documents for Maveric Systems Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Maveric Systems Limited
Recent News on Maveric Systems Limited
Frequently Asked Questions about Maveric Systems Limited
Maveric Systems Limited is an active public limited company in the information technology sector based in Chennai, Tamil Nadu, India. It was incorporated on 19 June 2000 (26+ years old) and is registered under CIN U74140TN2000PLC045197. The company has 2,563 employees.
Maveric Systems Limited reported revenue of ₹575.73 Cr for FY 2025 (down 6.00% YoY).
The current directors of Maveric Systems Limited are:
- Parthasarathy Namakal Srinivasan - Director
- Venkatesh Padmanabhachari - Whole-Time Director
- Aravamudhan Ramaswamy Parthasarathy - Director
- Shaji Farooq - Additional Director
- Rama Sivaraman - Director
- Arun Jain - Director
- Subramanian Nurani Neelakantan - Whole-Time Director
- Indupuri Ranga Reddy - Whole-Time Director
- Anil Sachdev - Director
The primary industry of Maveric Systems Limited is information technology. The company specifically operates in software development and support services. The company is currently active in this sector.
Maveric Systems Limited can be reached at the registered office: 2Nd Floor Block 5 Dlf It Park 1124 Nandambakkam Post Ramapuram Mount Poon, Amallee Rd, Chennai, Tamil Nadu, India – 600089, or through the website maveric-systems.com.
The authorised capital is ₹5.2 Cr, and the paid-up capital is ₹4.09 Cr.