Silitech Systems Private Limited
About Silitech Systems Private Limited
Data last updated:
Silitech Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 27 May 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2016PTC093689. Its GSTIN is 29AAXCS1338M2ZG (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Anil Chacko and Karippali Sasidharan.
Its last annual general meeting (AGM) was held on 27 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 221/A 1st Floor 7th Cross 1st Stage Binamangala Indira Nagar, Bangalore, Karnataka, India – 560038.
As per the financials filed for FY 2019, the company reported a revenue of ₹32.65 Lakh, a decline of 37% compared to the previous year. For the same year it recorded a net loss of ₹9.54 Lakh (net margin -29.2%) and EBITDA of -₹9.5 Lakh (EBITDA margin -29.1%).
The current compliance status is marked as active non-compliant by the Registrar of Companies.
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- Registered Address221/A 1st Floor 7th Cross 1st Stage Binamangala Indira Nagar, Bangalore, Karnataka, India – 560038
- IndustryInformation Technology, Other Computer Related Activities
- 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
- One PDF report, delivered after checkout
Business Activity of Silitech Systems Private Limited
The main business activity of Silitech Systems is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Silitech Systems Private Limited FY 2019 filings available
Silitech Systems Private Limited reported revenue of ₹32.65 Lakh (down 37% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR) of Silitech Systems Private Limited
Revenue fell 37% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Silitech Systems Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• |
| Total Revenue | ₹32.65 Lakh | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• |
| EBITDA | -₹9.5 Lakh | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9.54 Lakh | •••• | •••• |
| 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 of Silitech Systems Private Limited
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -29.1% | •••• | •••• |
| Net Profit Margin | -29.2% | •••• | •••• |
| 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 | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Silitech Systems are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Silitech Systems Private Limited
Silitech Systems Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Simpreative Consultancy Business Solutions Private Limited | ₹32.74 Lakh (FY 2025) | •••• | •••• | 389.0% | •••• | Kolkata, West Bengal, India |
| Taksha AI and Robotics Private Limited | ₹32.74 Lakh (FY 2025) | •••• | •••• | 134.0% | •••• | Thane, Maharashtra, India |
| Ojasvat Technologies Private Limited | ₹32.73 Lakh (FY 2020) | •••• | •••• | 155.0% | •••• | New Delhi, Delhi, India |
| Assisteasy Virtual Solutions Private Limited | ₹32.69 Lakh (FY 2024) | •••• | •••• | •••• | Gurgaon, Haryana, India | |
| Kompalli Corporate Services Private Limited | ₹32.67 Lakh (FY 2023) | •••• | •••• | 112.0% | •••• | Hyderabad, Telangana, India |
| Silitech Systems Private Limited this company | ₹32.65 Lakh (FY 2019) | •••• | •••• | -37.0% | •••• | Bangalore, Karnataka, India |
| Techkindler Private Limited | ₹32.63 Lakh (FY 2025) | •••• | •••• | -33.0% | •••• | Pune, Maharashtra, India |
| Alphayotta Private Limited | ₹32.62 Lakh (FY 2025) | •••• | •••• | 26.0% | •••• | Chennai, Tamil Nadu, India |
| Goldenpick Technologies Private Limited | ₹32.6 Lakh (FY 2025) | •••• | •••• | 54.0% | •••• | Coimbatore, Tamil Nadu, India |
| Wna Infotech Private Limited | ₹32.59 Lakh (FY 2024) | •••• | •••• | -25.0% | •••• | Ahmedabad, Gujarat, India |
| Finnosis Technologies Private Limited | ₹32.55 Lakh (FY 2025) | •••• | •••• | 352.0% | •••• | Bhubaneswar, Odisha, India |
Peers are the five companies nearest above and the five nearest below Silitech Systems by revenue in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Silitech Systems Private Limited
Silitech Systems Private Limited is audited by Shridharendra Hegde for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Shridharendra Hegde | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Silitech Systems Private Limited
Silitech Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anil Chacko | Director | 27 May 2016 | 10 Years 4 Months | Current |
| Karippali Sasidharan | Director | 27 May 2016 | 10 Years 4 Months | Current |
Ownership and Shareholding of Silitech Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Silitech Systems Private Limited
Silitech Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Silitech Systems Private Limited
Employment history and EPFO contributions of people linked to Silitech Systems.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Silitech Systems Private Limited
Silitech Systems Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Anil Chacko was appointed as Director on 27 May 2016.
Credit Ratings, Litigation & Regulatory Alerts for Silitech Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Silitech Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Silitech Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Silitech Systems Private Limited
Silitech Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAXCS1338M2ZG | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Silitech Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Silitech Systems Private Limited
Silitech Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 27 May 2016 (10+ years old) and is registered under CIN U72900KA2016PTC093689.
Silitech Systems reported revenue of ₹32.65 Lakh for FY 2019 (down 37% YoY).
Silitech Systems has 2 current directors:
- Anil Chacko - Director
- Karippali Sasidharan - Director
Silitech Systems reported a net loss of ₹9.54 Lakh (net margin -29.2%) and EBITDA of -₹9.5 Lakh (EBITDA margin -29.1%) for FY 2019, as per its filed financial statements.
The GSTIN of Silitech Systems is 29AAXCS1338M2ZG, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Silitech Systems is U72900KA2016PTC093689. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Silitech Systems was incorporated on 27 May 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Silitech Systems by revenue are Simpreative Consultancy Business Solutions Private Limited, Taksha AI and Robotics Private Limited, Ojasvat Technologies Private Limited, Assisteasy Virtual Solutions Private Limited, Kompalli Corporate Services Private Limited and 5 more, all in the same principal business activity (Publishing of computer operating systems, system software, application software, games, etc.).
Anil Chacko was appointed as Director on 27 May 2016. Karippali Sasidharan was appointed as Director on 27 May 2016.
The registered office of Silitech Systems is at 221A 1st Floor 7th Cross 1st Stage Binamangala Indira Nagar, Bangalore, Karnataka, India – 560038.
Silitech Systems has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh.