MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-UP-28-0005160
Ishan Systems Private Limited
Ishan Systems Private Limited - information technology in Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹8.07 Cr
▼ 20% YoY
Net loss · FY 2025
₹6.14 Cr
Net margin -76.1%
EBITDA · FY 2025
-₹5.04 Cr
EBITDA margin -62.4%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.91 Cr
Issued & subscribed
Open charges
₹6.46 Cr
Satisfied ₹165.9 Cr
Company age
23 yrs
Est. 2003
Directors on board
2
As per MCA filings
About Ishan Systems Private Limited
Data last updated:
Ishan Systems Private Limited is a private limited company based in Delhi, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 July 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U72900DL2003PTC121503. Its GSTIN is 09AABCI2397E1ZJ (Uttar Pradesh).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.91 Cr. It is led by directors Neetesh Kumar and Nitin Kumar.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at V – 255 Arvind Nagarghonda, Delhi, India – 110053.
As per the financials filed for FY 2025, the company reported a revenue of ₹8.07 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹6.14 Cr (net margin -76.1%) and EBITDA of -₹5.04 Cr (EBITDA margin -62.4%). Revenue has declined at a compounded annual rate (CAGR) of 8% over five years.
As per MCA filings, the company has open charges of ₹6.46 Cr and satisfied charges of ₹165.9 Cr on record. Court records list 24 cases involving the company, including 12 filed by the company and 12 filed against it; 1 case is pending.
Ishan Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0005160). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U72900DL2003PTC121503
Registration Number 121503
Incorporation Date 28 July 2003
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-28-0005160
Key People
Neetesh Kumar Director Nitin Kumar Director Recognitions & Rankings of Ishan Systems
Contact details
Ishan Systems Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered AddressV – 255 Arvind Nagarghonda, Delhi, India – 110053
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Ishan Systems Private Limited, buy the company report.
Comprehensive company report
Ishan Systems 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 Ishan Systems is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Ishan Systems Private Limited, buy the company report.
Financials of Ishan Systems Private Limited
FY 2025 filings availableIshan Systems Private Limited reported revenue of ₹8.07 Cr (down 20% YoY) for FY 2025.
Revenue · FY 2025
₹8.07 Cr ▼ 20%
Net loss · FY 2025
₹6.14 Cr margin -76.1%
EBITDA · FY 2025
-₹5.04 Cr margin -62.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 20%
5 years · compounded
▼ 8%
EBITDA CAGR growth
1 year
▼ 656%
Revenue has declined at a compounded annual rate (CAGR) of 8% over five years, including a 20% fall in the latest year. EBITDA fell 656% 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 | -₹5.04 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.14 Cr | ||||
| Balance Sheet | |||||
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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 | -62.4% | ||||
| Net Profit Margin | -76.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Ishan Systems Private Limited, buy the company report.
Board of directors of Ishan Systems Private Limited
Ishan Systems has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neetesh Kumar | Director | 15 Feb 2021 | 5 Years 8 Months | Current |
| Nitin Kumar Also directs: Ishan Fashions Private Limited, Yogita Infrastructure Private Limited, Cre Services & Technology Private Limited and 3 more | Director | 10 Oct 2020 | 6 Years 0 Months | Current |
Auditor
Ishan Systems Private Limited is audited by RAM K GUPTA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAM K GUPTA & ASSOCIATES | FY 2019 | 005585N |
Shareholding
The shareholding of Ishan Systems Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Ishan Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹6.46 Cr
Satisfied charges
₹165.9 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 10 Jan 2022 | 100532079 | Others | ₹41 Lakh | Open | |
| 15 Jul 2021 | 100466168 | Others | ₹5.23 Cr | Open | |
| 10 Jul 2020 | 100351168 | Others | ₹82.2 Lakh | Open | |
| 14 Mar 2015 | 10558939 | Punjab National Bank | ₹15 Cr | Satisfied | |
| 27 Mar 2008 | 10102036 | Phoenix Arc Private Limited | ₹50.3 Cr | Satisfied |
To see the full charge records of Ishan Systems Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Ishan Systems Private Limited has 24 court cases on record: 12 filed by Ishan Systems, 12 filed against it. 1 case is pending and 23 are disposed.
Total cases
24
Filed by the company
12
Filed against the company
12
Pending
1
Disposed
23
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 10 | 3 | 1 |
| District courts | 8 | 7 | 0 |
| Supreme Court | 6 | 2 | 0 |
Cases on record (5 of 24)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, East, Delhi | Criminal case | Filed against the company by Markit India Services Pvt Ltd. | Disposed |
| Supreme Court | Court case (2809-Mercantile Laws, Commercial Transactions Including Banking : Matters relating to recovery of debts/bank loans due under the banks and financial institutions) | Filed by the company against Optiemus Infracom Ltd. | Disposed |
| Supreme Court | Court case (2811-Mercantile Laws, Commercial Transactions Including Banking : Matters relating to Securitisation and Reconstruction of Financial Assets and Reinforcement of Security Interest Act, 2002.) | Filed against the company by M/S. Optiemus Infracom Ltd. | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed against the company by M/S Markit India Services Pvt Ltd | Disposed |
| High Court, UTTARPRADESH | Writ petition | Filed by the company against Optiemus Infracom Ltd. and Others | Disposed |
To see the full case history of Ishan Systems Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Ishan Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ishan Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AABCI2397E1ZJ | Uttar Pradesh | Active | 17 Jul 2020 |
To see the full GST registrations and return filing status of Ishan Systems Private Limited, buy the company report.
Recent activity
Ishan Systems Private Limited has 7 board changes on record since 2008: 2 appointments and 5 cessations. The latest: Neetesh Kumar ceased to be Additional Director on 30 Nov 2021.
AGM
Ishan Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Ishan Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Charges
A charge with Others of Rs. 5.23 Cr registered on 15 Jul 2021 with Charge ID 100466168 was modified on 15 Jan 2022.
Charges
A charge with Others amounted to Rs. 0.41 Cr with Charge ID 100532079 was registered on 10 Jan 2022.
Ceased
Neetesh Kumar ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 5.23 Cr with Charge ID 100466168 was registered on 15 Jul 2021.
Charges
A charge registered on 14 Mar 2015 via Charge ID 10558939 with Punjab National Bank was fully satisfied on 10 Jun 2021.
Ceased
Madhubala Yadav ceased to be Director.
Appointed
Neetesh Kumar was appointed as Director.
Ceased
Rukum Singh Yadav ceased to be Director.
Ceased
Usha Yadav ceased to be Director.
Appointed
Nitin Kumar was appointed as Director.
13 earlier events are in the company report.
Frequently asked questions
Ishan Systems is an active private limited company based in Delhi, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 28 July 2003 (23+ years old) and is registered under CIN U72900DL2003PTC121503.
Ishan Systems has 2 current directors:
- Neetesh Kumar - Director
- Nitin Kumar - Director
The latest financial statements of Ishan Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Ishan Systems is 09AABCI2397E1ZJ, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Ishan Systems is U72900DL2003PTC121503. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ishan Systems has 24 court cases on record: 12 filed by the company and 12 filed against it. 1 is pending. Most are in the high courts.
Ishan Systems was incorporated on 28 July 2003, making it 23+ years old. It is registered with the Registrar of Companies, Delhi.
Neetesh Kumar ceased to be Additional Director on 30 Nov 2021. Madhubala Yadav ceased to be Director on 23 Mar 2021. Neetesh Kumar was appointed as Director on 15 Feb 2021. Ishan Systems has 7 board changes on record in total.
Yes, Ishan Systems is registered as a small enterprise under Udyam registration (number: UDYAM-UP-28-0005160).
The registered office of Ishan Systems is at V – 255 Arvind Nagarghonda, Delhi, India – 110053.