MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0176814
Meyvnsystems Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.32 Cr
▼ 21% YoY
Net loss · FY 2025
₹13.8 Lakh
Net margin -4.2%
EBITDA · FY 2025
-₹10.53 Lakh
EBITDA margin -3.2%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹2.1 Lakh
Issued & subscribed
Open charges
₹25 Lakh
Secured borrowings
Company age
7 yrs
Est. 2019
Employees · EPFO
44
Provident fund records
About Meyvnsystems Private Limited
Data last updated:
Meyvnsystems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the semiconductor products and services segment of the technology and IT services sector. It was incorporated on 18 October 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72500KA2019PTC128864. Its GSTIN is 29AANCM0125A1ZV (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹2.1 Lakh. It is led by directors Velpula Lakshmi Devi and Muddineni Sai Kali Surendra.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.32 Cr, a decline of 21% compared to the previous year. For the same year it recorded a net loss of ₹13.8 Lakh (net margin -4.2%) and EBITDA of -₹10.53 Lakh (EBITDA margin -3.2%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 57% over five years.
The company has about 44 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹25 Lakh on record.
Meyvnsystems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0176814). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meyvnsystems.com.
Company details
CIN U72500KA2019PTC128864
Registration Number 128864
Incorporation Date 18 October 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0176814
Recognitions & Rankings of Meyvnsystems
Contact details
Meyvnsystems Private Limited's registered office is in Bangalore, Karnataka. Its website is meyvnsystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 37 21&24 Doddanekundi. II Phase, Industrial Area Mahadevapura Post, Bangalore, Karnataka, India – 560048
- IndustryInformation Technology, Semiconductor Products & Services, IT Consulting & Support Services
To see the full contact details of Meyvnsystems Private Limited, buy the company report.
Comprehensive company report
Meyvnsystems Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Meyvnsystems is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Meyvnsystems Private Limited, buy the company report.
Financials of Meyvnsystems Private Limited
FY 2025 filings availableMeyvnsystems Private Limited reported revenue of ₹3.32 Cr (down 21% YoY) for FY 2025.
Revenue · FY 2025
₹3.32 Cr ▼ 21%
Net loss · FY 2025
₹13.8 Lakh margin -4.2%
EBITDA · FY 2025
-₹10.53 Lakh margin -3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 21%
3 years · compounded
▼ 16%
5 years · compounded
▲ 57%
EBITDA CAGR growth
1 year
▲ 81%
3 years · compounded
▼ 29%
5 years · compounded
▼ 95%
Revenue fell 21% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 57%. EBITDA rose 81% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹10.53 Lakh | ||||
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| Net Profit (PAT) | -₹13.8 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -3.2% | ||||
| Net Profit Margin | -4.2% | ||||
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To see the full financial statements and ratios of Meyvnsystems Private Limited, buy the company report.
Board of directors of Meyvnsystems Private Limited
Meyvnsystems has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Velpula Lakshmi Devi | Director | 18 Oct 2019 | 7 Years 0 Months | Current |
| Muddineni Sai Kali Surendra | Director | 11 Oct 2021 | 5 Years 0 Months | Current |
Auditor
Meyvnsystems Private Limited is audited by RUCHI SIKKA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RUCHI SIKKA & ASSOCIATES | FY 2023 | 023543N |
Shareholding
The shareholding of Meyvnsystems Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Meyvnsystems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹25 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Mar 2024 | 100911795 | Hdfc Bank Limited | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Meyvnsystems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Meyvnsystems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Meyvnsystems Private Limited has a workforce of 44 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
Employee count
44
Active EPFO establishments
1
Employee growth
-12%
GST
Meyvnsystems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AANCM0125A1ZV | Karnataka | Active | 27 May 2020 |
To see the full GST registrations and return filing status of Meyvnsystems Private Limited, buy the company report.
Recent activity
Meyvnsystems Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Kotini Nagaratnam ceased to be Director on 11 Oct 2021.
AGM
Meyvnsystems Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Filing
Meyvnsystems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 25.00 Lakh with Charge ID 100911795 was registered on 11 Mar 2024.
Ceased
Kotini Nagaratnam ceased to be Director.
Appointed
Muddineni Sai Kali Surendra was appointed as Director.
Ceased
Suneetha Tata ceased to be Director.
Appointed
Velpula Lakshmi Devi was appointed as Director.
Incorporation
18 Oct 2019
Meyvnsystems Private Limited was registered on 18 Oct 2019 with Roc Bangalore & aged 7 years 8 days as per MCA records.
Frequently asked questions
Meyvnsystems is an active private limited company based in Bangalore, Karnataka, India. The company works in semiconductor products and services, within the information technology industry. It was incorporated on 18 October 2019 (7+ years old) and is registered under CIN U72500KA2019PTC128864.
Meyvnsystems has 2 current directors:
- Velpula Lakshmi Devi - Director
- Muddineni Sai Kali Surendra - Director
The latest financial statements of Meyvnsystems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Meyvnsystems is 29AANCM0125A1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Meyvnsystems is U72500KA2019PTC128864. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Meyvnsystems was incorporated on 18 October 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Kotini Nagaratnam ceased to be Director on 11 Oct 2021. Muddineni Sai Kali Surendra was appointed as Director on 11 Oct 2021. Suneetha Tata ceased to be Director on 07 Oct 2021. Meyvnsystems has 4 board changes on record in total.
Yes, Meyvnsystems is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0176814).
Meyvnsystems can be reached through the website meyvnsystems.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Meyvnsystems is at Plot No. 37 21&24 Doddanekundi. II Phase, Industrial Area Mahadevapura Post, Bangalore, Karnataka, India – 560048.