MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0003219
Servolution Systems Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹19.23 Cr
▲ 45% YoY
Net profit · FY 2023
₹80.05 Lakh
Net margin 4.2%
EBITDA · FY 2023
₹1.32 Cr
EBITDA margin 6.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹5.63 Cr
Secured borrowings
Company age
11 yrs
Est. 2015
Employees · EPFO
15
Provident fund records
About Servolution Systems Private Limited
Data last updated:
Servolution Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 13 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2015PTC078272. Its GSTIN is 29AAVCS3462L1ZG (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Servevolution Systems Private Limited. It is led by directors including Rafisa Banu and Virendra Patil.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No 2 Ground Floor Ex Service Man Colony 1st Main Road Rt Nagar, Bangalore, Karnataka, India – 560032.
As per the financials filed for FY 2023, the company reported a revenue of ₹19.23 Cr, a growth of 45% compared to the previous year. For the same year it recorded a net profit of ₹80.05 Lakh (net margin 4.2%) and EBITDA of ₹1.32 Cr (EBITDA margin 6.9%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 39% over five years.
The company has about 15 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Servolution Group. As per MCA filings, the company has open charges of ₹5.63 Cr on record.
Servolution Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0003219). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website servolutions.in.
Company details
CIN U74900KA2015PTC078272
Registration Number 078272
Incorporation Date 13 January 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-02-0003219
Recognitions & Rankings of Servolution Systems
Contact details
Servolution Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is servolutions.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo 2 Ground Floor Ex Service Man Colony 1st Main Road Rt Nagar, Bangalore, Karnataka, India – 560032
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Servolution Systems Private Limited, buy the company report.
Comprehensive company report
Servolution 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
Brands
Servolution Systems operates one associated brand: Servolution Group. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers IT training courses and placement support in Bangalore for professionals. | servolutiongroup.com |
Financials of Servolution Systems Private Limited
FY 2024 filings availableServolution Systems Private Limited reported revenue of ₹19.23 Cr (up 45% YoY) for FY 2023.
Revenue · FY 2023
₹19.23 Cr ▲ 45%
Net profit · FY 2023
₹80.05 Lakh margin 4.2%
EBITDA · FY 2023
₹1.32 Cr margin 6.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 45%
3 years · compounded
▲ 42%
5 years · compounded
▲ 39%
EBITDA CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 46%
5 years · compounded
▲ 12%
Revenue has grown at a compounded annual rate (CAGR) of 39% over five years, including 45% growth in the latest year. EBITDA rose 22% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹19.23 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.32 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹80.05 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Fixed Assets | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.9% | ||||
| Net Profit Margin | 4.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
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| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Servolution Systems Private Limited, buy the company report.
Board of directors of Servolution Systems Private Limited
Servolution Systems has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rafisa Banu Also directs: Karbex Global Trade LLP | Director | 13 Jan 2015 | 11 Years 9 Months | Current |
| Virendra Patil Also directs: Servolution Services Private Limited, Silosystem Outsourcing Private Limited, Servolution Hospitality Private Limited and 1 more | Director | 31 Mar 2017 | 9 Years 6 Months | Current |
| Ahmed Khaleel Also directs: Karbex Global Trade LLP, Indiserve Secure Systems Private Limited, Servolution Services Private Limited and 2 more | Director | 13 Jan 2015 | 11 Years 9 Months | Current |
Auditor
Servolution Systems Private Limited is audited by SATISH KUMAR GIRIRAJ for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SATISH KUMAR GIRIRAJ | FY 2023 | 224976 |
Shareholding
The shareholding of Servolution Systems Private Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Servolution Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5.63 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 26 Mar 2025 | 101115486 | Others | ₹51 Lakh | Open | |
| 20 Aug 2024 | 100978247 | Others | ₹5 Cr | Open | |
| 25 Apr 2023 | 100753179 | Hdfc Bank Limited | ₹12 Lakh | Open |
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Servolution Systems 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 Servolution Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Servolution Systems Private Limited has a workforce of 15 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
15
Active EPFO establishments
1
Employee growth
50%
GST
Servolution Systems has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAVCS3462L1ZG | Karnataka | Active | 01 Jul 2017 |
| 33AAVCS3462L1ZR | Tamil Nadu | Active | 19 Aug 2017 |
| 36AAVCS3462L1ZL | Telangana | Active | 14 Sep 2017 |
| 27AAVCS3462L1ZK | Maharashtra | Active | 15 Sep 2017 |
To see the full GST registrations and return filing status of Servolution Systems Private Limited, buy the company report.
Recent activity
Servolution Systems Private Limited has 7 board changes on record since 2015: 3 appointments and 4 cessations. The latest: Monal Parikshit Kamle ceased to be Additional Director on 30 Sep 2019.
Charges
A charge with Others amounted to Rs. 51.00 Lakh with Charge ID 101115486 was registered on 26 Mar 2025.
AGM
Servolution Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 500.00 Lakh with Charge ID 100978247 was registered on 20 Aug 2024.
Filing
Servolution Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 12.00 Lakh with Charge ID 100753179 was registered on 25 Apr 2023.
Ceased
Monal Parikshit Kamle ceased to be Additional Director.
Ceased
Virendra Patil ceased to be Additional Director.
Ceased
Basavaraj Shivappa Jantali ceased to be Director.
Appointed
Virendra Patil was appointed as Director.
Ceased
Pranab Kumar Biswas ceased to be Director.
Appointed
Ahmed Khaleel was appointed as Director.
Appointed
Rafisa Banu was appointed as Director.
1 earlier event is in the company report.
Frequently asked questions
Servolution Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 13 January 2015 (11+ years old) and is registered under CIN U74900KA2015PTC078272.
Servolution Systems has 3 current directors:
- Rafisa Banu - Director
- Virendra Patil - Director
- Ahmed Khaleel - Director
The latest financial statements of Servolution Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Servolution Systems is 29AAVCS3462L1ZG, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 33AAVCS3462L1ZR (Tamil Nadu), 36AAVCS3462L1ZL (Telangana), 27AAVCS3462L1ZK (Maharashtra).
The CIN (Corporate Identification Number) of Servolution Systems is U74900KA2015PTC078272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Servolution Systems was incorporated on 13 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Monal Parikshit Kamle ceased to be Additional Director on 30 Sep 2019. Virendra Patil ceased to be Additional Director on 30 Sep 2017. Basavaraj Shivappa Jantali ceased to be Director on 31 Aug 2017. Servolution Systems has 7 board changes on record in total.
Yes, Servolution Systems is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0003219).
Servolution Systems can be reached through the website servolutions.in. Its registered office is in Bangalore, Karnataka, India.
The registered office of Servolution Systems is at No 2 Ground Floor Ex Service Man Colony 1st Main Road Rt Nagar, Bangalore, Karnataka, India – 560032.