Sierra System Asia Private Limited
About Sierra System Asia Private Limited
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Sierra System Asia Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Sierra Software Sciences Corporation. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 25 July 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH1991PTC062650.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.26 Cr. It is led by directors Saluni P Fadia and Pradip Chimanlal Shah.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 218 Veena Chambers 21 Dalal Street Fort, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2015, the company reported a revenue of ₹7.99 Lakh, a growth of 33% compared to the previous year. For the same year it recorded a net loss of ₹48,839 (net margin -6.1%) and EBITDA of -₹3.73 Lakh (EBITDA margin -46.7%).
As per MCA filings, the company has open charges of ₹29.6 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Sierra System Asia Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address218 Veena Chambers 21 Dalal Street Fort, Mumbai, Maharashtra, India – 400023
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Sierra System Asia Private Limited, buy the company report.
- 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
Financials of Sierra System Asia Private Limited
FY 2023 filings availableSierra System Asia Private Limited reported revenue of ₹7.99 Lakh (up 33% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue rose 33% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹7.99 Lakh |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹3.73 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹48,839 |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -46.7% |
| Net Profit Margin | -6.1% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Sierra System Asia Private Limited, buy the company report.
Board of directors of Sierra System Asia Private Limited
Sierra System Asia has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Saluni P Fadia Also directs: Herringbone One Family LLP | Director | 13 Nov 2001 | 24 Years 11 Months | Current |
| Pradip Chimanlal Shah Also directs: Jindal Multitrade Private Limited | Director | 20 Feb 2014 | 12 Years 8 Months | Current |
Auditor
Sierra System Asia Private Limited is audited by Sanjay C. Shah & Associates for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sanjay C. Shah & Associates | FY 2015 |
Shareholding
The shareholding of Sierra System Asia Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Sierra System Asia Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Dec 1995 | 90163271 | Central Bank of India | ₹29.6 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Sierra System Asia 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 Sierra System Asia Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sierra System Asia Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sierra System Asia Private Limited has 4 board changes on record since 2001: 3 appointments and 1 cessation. The latest: Kusum Pravin Shah ceased to be Director on 20 Feb 2014.
Frequently asked questions
Sierra System Asia is an active private limited company based in Mumbai, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 25 July 1991 (35+ years old) and is registered under CIN U72900MH1991PTC062650.
Sierra System Asia has 2 current directors:
- Saluni P Fadia - Director
- Pradip Chimanlal Shah - Director
The latest financial statements of Sierra System Asia on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sierra System Asia is U72900MH1991PTC062650. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sierra System Asia was incorporated on 25 July 1991, making it 35+ years old. It is registered with the Registrar of Companies, Mumbai.
Kusum Pravin Shah ceased to be Director on 20 Feb 2014. Pradip Chimanlal Shah was appointed as Director on 20 Feb 2014. Kusum Pravin Shah was appointed as Director on 13 Sep 2005. Sierra System Asia has 4 board changes on record in total.
The registered office of Sierra System Asia is at 218 Veena Chambers 21 Dalal Street Fort, Mumbai, Maharashtra, India – 400023.
Sierra System Asia operates in the information technology industry, in the IT products retail and distribution segment.
Sierra System Asia has open charges of ₹29.6 Lakh and no satisfied charges on record as per latest MCA filings.
The compliance status of Sierra System Asia is compliant as of 30 September 2026. The company is actively filing with the Registrar of Companies.
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