Smisystems India Private Limited

Smisystems India Private Limited - information technology in Pune, Maharashtra, India. Directors, charges & compliance details.
CIN U72900PN2019FTC185272 Incorporated 05 July 2019 ROC Pune HQ Pune, Maharashtra, India
Struck Off Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2021
₹3.76 Cr
▲ 105% YoY
Net profit · FY 2021
₹18.22 Lakh
Net margin 4.8%
EBITDA · FY 2021
₹32.43 Lakh
EBITDA margin 8.6%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹5 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Employees · EPFO
5
Provident fund records
Directors on board
3
As per MCA filings

About Smisystems India Private Limited

Data last updated:

Smisystems India Private Limited was a foreign private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Simplemachines Inc. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 05 July 2019.

The company was registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2019FTC185272. Its GSTIN is 27ABCCS3185J1Z1 (Maharashtra).

The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was led by directors including Pradeep Shivshankar Dharane and Brunda Bindiganvile Jagannath.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Unit No. A/104 A Pune IT Park Survey No.41 – C 41/A – 1/5 34 Aundh Road Bhaupati Marg, Bopodi, Maharashtra, India – 411020.

As per the financials filed for FY 2021, the company reported a revenue of ₹3.76 Cr, a growth of 105% compared to the previous year. For the same year it recorded a net profit of ₹18.22 Lakh (net margin 4.8%) and EBITDA of ₹32.43 Lakh (EBITDA margin 8.6%).

The company had about 5 employees on its provident fund (EPFO) records before it was struck off.

Company details

CIN U72900PN2019FTC185272
Registration Number 185272
Incorporation Date 05 July 2019
ROC Pune
Listing Status Unlisted
Company Status Struck Off
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Parent Company Simplemachines Inc

Contact details

Smisystems India Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Unit No. A/104 A Pune IT Park Survey No.41 – C 41/A – 1/5 34 Aundh Road Bhaupati Marg, Bopodi, Maharashtra, India – 411020
  • Industry
    Information Technology, Application Development & Software Solutions

To see the full contact details of Smisystems India Private Limited, buy the company report.

Comprehensive company report
Smisystems India 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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Business activity

The main business activity of Smisystems India is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Smisystems India Private Limited, buy the company report.

Financials of Smisystems India Private Limited

FY 2021 filings available

Smisystems India Private Limited reported revenue of ₹3.76 Cr (up 105% YoY) for FY 2021.

Revenue · FY 2021
₹3.76 Cr ▲ 105%
Net profit · FY 2021
₹18.22 Lakh margin 4.8%
EBITDA · FY 2021
₹32.43 Lakh margin 8.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 105%
EBITDA CAGR growth
1 year
▲ 293%

Revenue rose 105% in the latest year. EBITDA rose 293% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹32.43 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹18.22 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

MetricsFY 2020-21FY 2019-20
Profitability
EBITDA Margin8.6%
Net Profit Margin4.8%
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 Smisystems India Private Limited, buy the company report.

Board of directors of Smisystems India Private Limited

Smisystems India has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Pradeep Shivshankar DharaneDirector05 Jul 20197 Years 4 MonthsAs last reported
Brunda Bindiganvile JagannathDirector24 Feb 20206 Years 8 MonthsAs last reported
Sriram RanganathanDirector10 Jan 20206 Years 10 MonthsAs last reported

Peer comparison

Smisystems India Private Limited is compared with the 5 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Egrove Systems Private Limited₹3.76 Cr (FY 2024)-19.0%Chennai, Tamil Nadu, India
Msqube Technology Solutions Private Limited₹3.76 Cr (FY 2024)84.0%Kolkata, West Bengal, India
Syscore Solutions Private Limited₹3.76 Cr (FY 2024)27.0%Meerut, Uttar Pradesh, India
Smisystems India Private Limitedthis company₹3.76 Cr (FY 2021)₹18.22 Lakh4.8%105.0%5Pune, Maharashtra, India
Intrucept Private Limited₹3.76 Cr (FY 2025)-2.0%Bangalore, Karnataka, India
Chennova Software Private Limited₹3.76 Cr (FY 2025)12.0%Thaiyur.Wednesday, Tamil Nadu, India

To see the full peer comparison of Smisystems India Private Limited, buy the company report.

Auditor

Smisystems India Private Limited is audited by CHITRA HEGDE & ASSOCIATES for the financial year 2020.

Auditor firmFinancial yearFirm registration number
CHITRA HEGDE & ASSOCIATESFY 2020022310S

Shareholding

The shareholding of Smisystems India Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2020
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Smisystems India Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Smisystems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Smisystems India Private Limited has a workforce of 5 employees on its EPFO records as of Apr 2021, across 1 active EPFO establishment.

Employee count
5
Active EPFO establishments
1
Employee growth
-28.6%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2021-225
FY 2020-21
FY 2019-20

To see the full employee and EPFO history of Smisystems India Private Limited, buy the company report.

GST

Smisystems India has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27ABCCS3185J1Z1MaharashtraActive20 Sep 2019

To see the full GST registrations and return filing status of Smisystems India Private Limited, buy the company report.

Recent activity

Smisystems India Private Limited has 6 board changes on record since 2019: 3 appointments and 3 cessations. The latest: Brunda Bindiganvile Jagannath ceased to be Additional Director on 20 Dec 2020.

AGM
Smisystems India Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Smisystems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Pune.
Ceased
Brunda Bindiganvile Jagannath ceased to be Additional Director.
Ceased
Sriram Ranganathan ceased to be Additional Director.
Appointed
Brunda Bindiganvile Jagannath was appointed as Director.
Ceased
Preetam Sushant Yardi ceased to be Director.
Appointed
Sriram Ranganathan was appointed as Director.
Appointed
Pradeep Shivshankar Dharane was appointed as Director.
Incorporation
05 Jul 2019
Smisystems India Private Limited was registered on 05 Jul 2019 with Roc Pune & aged 7 years 4 months as per MCA records.

Frequently asked questions

Smisystems India has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.

Smisystems India was a foreign private limited company based in Pune, Maharashtra, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 05 July 2019 and is registered under CIN U72900PN2019FTC185272. The company has been struck off by the Registrar of Companies and is no longer operational.

Smisystems India had 3 directors:

The CIN (Corporate Identification Number) of Smisystems India is U72900PN2019FTC185272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Smisystems India is at Unit No. A104 A Pune IT Park Survey No.41 – C 41A – 15 34 Aundh Road Bhaupati Marg, Bopodi, Maharashtra, India – 411020.

Smisystems India was incorporated on 05 July 2019. It is registered with the Registrar of Companies, Pune.

The latest financial statements of Smisystems India on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Smisystems India is 27ABCCS3185J1Z1, registered in Maharashtra.

Smisystems India operated in the information technology industry, in the application development and software solutions segment. It worked in this industry before it was struck off.

The peers of Smisystems India by revenue are Egrove Systems Private Limited, Msqube Technology Solutions Private Limited, Syscore Solutions Private Limited, Intrucept Private Limited, Chennova Software Private Limited, all in the same principal business activity (computer programming, consultancy and related activities).

Brunda Bindiganvile Jagannath ceased to be Additional Director on 20 Dec 2020. Sriram Ranganathan ceased to be Additional Director on 20 Dec 2020. Brunda Bindiganvile Jagannath was appointed as Director on 24 Feb 2020. Smisystems India has 6 board changes on record in total.