Netware Systems Private Limited - Company Profile

It is a information technology private limited company based in Bangalore, Karnataka, India, established in 1997.
1997 Bangalore, Karnataka, India Active
Last Updated:
About Netware Systems Private Limited

Netware Systems Private Limited, a active private limited company, was established on 17 January 1997 in Bangalore, Karnataka, India. Engaging in it products retail & distribution within the trade sector, it holds CIN: U85110KA1997PTC021662. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹0.50 M and a paid-up capital of ₹0.14 M.

It upholds a compliant status. Its leadership includes Meenakshi Madhavan (Director), Srimathimadhavan (Director), Madhavan Srinivasan (Director). Past directors included Srimathimadhavan. It holds ₹2.78 Cr open charges and no settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at #52, 1St Floor, St John'S Road Bangalore - 560042, Bangalore, Karnataka, 560042.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U85110KA1997PTC021662

  • Registration Number

    021662

  • Incorporation Date

    17 January 1997

  • Authorized Capital

    ₹0.50 M

  • Paid-Up Capital

    ₹0.14 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.14 M
  • Company Age 29 Year, 19 Days
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 2.78 Cr
  • Revenue Growth **** 112.01%
  • Profit Growth **** 1288.28%
  • Ebitda **** 45.55%
  • Net Worth 16.55%
  • Total Assets **** 6.63%
Company report

Netware Systems Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Netware Systems Private 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 Netware Systems Private Limited?
Current Directors
Name Designation Appointment Date Status
Meenakshi Madhavan Director 07 May 2019 Current
Srimathimadhavan Director 17 Jan 2007 Current
Madhavan Srinivasan Director 17 Jan 1997 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2007 Past

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Financial Performance of Netware Systems.

Netware Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 112.01% increase. The company also saw a substantial improvement in profitability, with a 1288.28% increase in profit. The company's net worth Soared by an impressive increase of 16.55%.

Netware Systems revenue growth over time
Netware Systems profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

  • 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
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112.01%
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Revenue from Operations
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112.83%
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Total Assets
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6.63%
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Profit or Loss
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1288.28%
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Net Worth
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16.55%
*******
*******
*******
*******
EBITDA
*******
45.55%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Netware Systems?

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Shareholding Pattern (FY 2024)
shareholding
  • 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

₹27,800,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Indian Bank : 2.78 Cr
Latest Charge Details
Date Lender Amount Status
02 Mar 2020 Indian Bank ₹2.20 Cr Open
23 Jun 2007 Indian Bank ₹4.50 M Open
16 Aug 2004 Indian Bank ₹1.30 M Open

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How Many Employees Work at Netware Systems?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Netware Systems
Recent Activity within the Organization
  • Annual General Meeting

    The activity Netware Systems Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Netware Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was recorded as a recent event.

  • Charges

    A charge with Indian Bank of Rs. 22.00 M registered on 02 Mar 2020 with Charge ID 100328566 was modified on 18 Dec 2024. was recorded as a recent event.

  • Charges

    A charge with Indian Bank amounted to Rs. 22.00 M with Charge ID 100328566 was registered on 02 Mar 2020. was recorded as a recent event.

  • Director Appointment

    Progress on Meenakshi Madhavan was appointed as a Director was appointed as a Director on 07 May 2019 & has been associated with this company since 6 years 9 months . was documented.

  • Charges

    The activity A charge with Indian Bank of Rs. 4.50 M registered on 23 Jun 2007 with Charge ID 10061107 was modified on 03 Nov 2010. was completed.

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Frequently Asked Questions
What is the CIN of Netware Systems Private Limited?

The CIN of Netware Systems Private Limited is U85110KA1997PTC021662.

Where is Netware Systems Private Limited headquartered?

Netware Systems Private Limited is headquartered at #52, 1St Floor, St John'S Road Bangalore - 560042, Bangalore, Karnataka, 560042.

When was Netware Systems Private Limited incorporated?

Netware Systems Private Limited was incorporated on 17 January 1997.

Who are the current directors of Netware Systems Private Limited?

The current directors of Netware Systems Private Limited are

What is the primary industry of Netware Systems Private Limited?

The primary industry of Netware Systems Private Limited is Trade.

Is Netware Systems Private Limited a listed company?

Netware Systems Private Limited is unlisted.

What is the capital structure of Netware Systems Private Limited?

The authorized capital of Netware Systems Private Limited is ₹0.50 M, and the paid-up capital is ₹0.14 M.

What is the compliance status of Netware Systems Private Limited?

The compliance status of Netware Systems Private Limited is Compliant.

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