Startup India Government of India
Skandysys Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹3.14 Cr
▼ 92% YoY
Net loss · FY 2023
₹2.15 Cr
Net margin -68.5%
EBITDA · FY 2023
-₹1.52 Cr
EBITDA margin -48.4%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.97 Cr
Issued & subscribed
Satisfied charges
₹9.28 Cr
No open charges
Company age
9 yrs
Est. 2017
Employees · EPFO
56
Provident fund records
About Skandysys Private Limited
Data last updated:
Skandysys Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 26 April 2017.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC102598. Its GSTIN is 29AAYCS5758G1ZD (Karnataka).
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.97 Cr. It is led by directors including Bharathi Kanuj and Navin Bishnoi.
Its last annual general meeting (AGM) was held on 01 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹3.14 Cr, a decline of 92% compared to the previous year. For the same year it recorded a net loss of ₹2.15 Cr (net margin -68.5%) and EBITDA of -₹1.52 Cr (EBITDA margin -48.4%). Revenue has declined at a compounded annual rate (CAGR) of 51% over three years and 10% over five years.
The company has about 56 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: SkandySys. As per MCA filings, the company has satisfied charges of ₹9.28 Cr on record. The company has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in January 2019.
The last known website on record is skandysys.com.
Company details
CIN U74999KA2017PTC102598
Registration Number 102598
Incorporation Date 26 April 2017
ROC Bangalore
Listing Status Unlisted
Company Status Under Liquidation
Date of Last AGM 01 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Skandysys
Contact details
Skandysys Private Limited's registered office is in Bangalore, Karnataka. Its website is skandysys.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressInnovent Spaces Floor – 4 Ga – O – 08 Survey No. 293/154/172 Orr Kadubeesanahalli Mara, Thahalli, Bangalore, Karnataka, India – 560103
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Skandysys Private Limited, buy the company report.
Comprehensive company report
Skandysys 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
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Brands
Skandysys operates one associated brand: SkandySys. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides comprehensive analog and digital design and engineering services to meet client needs. | skandysys.com |
Business activity
The main business activity of Skandysys is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Skandysys Private Limited, buy the company report.
Financials of Skandysys Private Limited
FY 2023 filings availableSkandysys Private Limited reported revenue of ₹3.14 Cr (down 92% YoY) for FY 2023.
Revenue · FY 2023
₹3.14 Cr ▼ 92%
Net loss · FY 2023
₹2.15 Cr margin -68.5%
EBITDA · FY 2023
-₹1.52 Cr margin -48.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 92%
3 years · compounded
▼ 51%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▲ 54%
3 years · compounded
▼ 61%
5 years · compounded
▼ 42%
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 92% fall in the latest year. EBITDA rose 54% 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 |
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| Total Expenses | |||||
| EBITDA | -₹1.52 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹2.15 Cr | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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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 | -48.4% | ||||
| Net Profit Margin | -68.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Payable Days | |||||
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To see the full financial statements and ratios of Skandysys Private Limited, buy the company report.
Board of directors of Skandysys Private Limited
Skandysys has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Directors (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharathi Kanuj | Director | 29 Nov 2022 | 3 Years 11 Months | As last reported |
| Navin Bishnoi | Director | 27 Jun 2022 | 4 Years 4 Months | As last reported |
| Thirupal Gorige Also directs: Thirupal Gorige & Associates LLP | Irp/Rp/Liquidator | 20 Feb 2024 | 2 Years 8 Months | As last reported |
Auditor
Skandysys Private Limited is audited by ADITHYA & VISHWAS for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ADITHYA & VISHWAS | FY 2020 | 008943S |
Shareholding
The shareholding of Skandysys Private Limited is on record for 2 financial years, the latest being FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Skandysys Private Limited, buy the company report.
Charges & borrowings
Open charges
None
Satisfied charges
₹9.28 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2021 | 100467226 | Hdfc Bank Limited | ₹5 Cr | Satisfied | |
| 13 Aug 2020 | 100359424 | Others | ₹47.5 Lakh | Satisfied | |
| 16 Jul 2018 | 100194080 | Others | ₹3.8 Cr | Satisfied |
To see the full charge records of Skandysys Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Skandysys Private Limited has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in January 2019.
Total deals
3
Secondary share transfers
2
Rights issue
1
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Aug 2018 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 3 individuals |
| Jun 2018 | Rights issue | ₹30 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Skandysys 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 Skandysys Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Skandysys Private Limited has a workforce of 56 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
56
Active EPFO establishments
1
Employee growth
-70.37%
GST
Skandysys has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAYCS5758G1ZD | Karnataka | Active | 29 Jul 2017 |
To see the full GST registrations and return filing status of Skandysys Private Limited, buy the company report.
Recent activity
Skandysys Private Limited has 14 board changes on record since 2017: 3 appointments and 11 cessations. The latest: Thirupal Gorige was appointed as Irp/Rp/Liquidator on 20 Feb 2024.
Appointed
Thirupal Gorige was appointed as Irp/Rp/Liquidator.
AGM
Skandysys Private Limited last Annual general meeting of members was held on 01 Sep 2023 as per latest MCA records.
Ceased
Bharathi Kanuj ceased to be Additional Director.
Filing
Skandysys Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Ceased
Mark J Casper ceased to be Director.
Ceased
Bitra Usha ceased to be Director.
Appointed
Bharathi Kanuj was appointed as Director.
Ceased
Navin Bishnoi ceased to be Additional Director.
Ceased
Suresh Veerabasavanagowda Patil ceased to be Director.
Appointed
Navin Bishnoi was appointed as Director.
Ceased
Pradipkumar Arunbhai Thaker ceased to be Additional Director.
Charges
A charge registered on 30 Jul 2021 via Charge ID 100467226 with Hdfc Bank Limited was fully satisfied on 24 May 2022.
12 earlier events are in the company report.
Frequently asked questions
Skandysys is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Skandysys is a company under liquidation, formerly operating as a private limited company based in Bangalore, Karnataka, India. The company works in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 26 April 2017 and is registered under CIN U74999KA2017PTC102598. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Skandysys has 3 current directors:
- Bharathi Kanuj - Director
- Navin Bishnoi - Director
- Thirupal Gorige - Irp/Rp/Liquidator
The latest financial statements of Skandysys on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 01 September 2023. Year-wise statements from FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Skandysys is U74999KA2017PTC102598. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Skandysys has no open charges and satisfied charges of ₹9.28 Cr as per latest MCA filings.
Skandysys was incorporated on 26 April 2017. It is registered with the Registrar of Companies, Bangalore.
Skandysys has 3 deals on record (2 secondary share transfers, 1 rights issue); the latest was in January 2019.
Thirupal Gorige was appointed as Irp/Rp/Liquidator on 20 Feb 2024. Bharathi Kanuj ceased to be Additional Director on 31 Aug 2023. Mark J Casper ceased to be Director on 16 Dec 2022. Skandysys has 14 board changes on record in total.
Yes, Skandysys is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
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