MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-02-0008468
Solid State Systems Private Limited - information technology in Hoskote, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹31.58 Cr
▲ 7% YoY
Net profit · FY 2025
₹66.11 Lakh
Net margin 2.1%
EBITDA · FY 2025
₹2.27 Cr
EBITDA margin 7.2%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹6.24 Cr
Issued & subscribed
Open charges
₹10.3 Cr
Satisfied ₹15.97 Cr
Company age
54 yrs
Est. 1972
Employees · EPFO
40
Provident fund records
About Solid State Systems Private Limited
Data last updated:
Solid State Systems Private Limited is a private limited company based in Hoskote, Karnataka, India. It operates in the semiconductor products and services segment of the technology and IT services sector. It was incorporated on 30 March 1972 and has been in existence for over 54 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U51909KA1972PTC002179. Its GSTIN is 29AABCS7545L1ZS (Karnataka). The company holds 5 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹6.24 Cr. It is led by directors including Naushad Hasan (Managing Director) and Shahrookh Hasan Khan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Solid State Systems Private Limited No.38 – A/1 KIADB Industrial Area, Hoskote, Karnataka, India – 562114.
As per the financials filed for FY 2025, the company reported a revenue of ₹31.58 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹66.11 Lakh (net margin 2.1%) and EBITDA of ₹2.27 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 13% over five years.
The company has about 40 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹10.3 Cr and satisfied charges of ₹15.97 Cr on record. Court records list 6 cases involving the company, including 6 filed against it; 2 cases are pending.
Solid State Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-02-0008468). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website syscapindia.com.
Company details
CIN U51909KA1972PTC002179
Registration Number 002179
Incorporation Date 30 March 1972
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-02-0008468
Key People
Naushad Hasan Managing Director Shahrookh Hasan Khan Director Mohammed Muneeruddin Additional Director Recognitions & Rankings of Solid State Systems
Contact details
Solid State Systems Private Limited's registered office is in Hoskote, Karnataka. Its website is syscapindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSolid State Systems Private Limited No.38 – A/1 KIADB Industrial Area, Hoskote, Karnataka, India – 562114
- IndustryInformation Technology, Semiconductor Products & Services
To see the full contact details of Solid State Systems Private Limited, buy the company report.
Comprehensive company report
Solid State 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
Business activity
The main business activity of Solid State Systems is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Solid State Systems Private Limited, buy the company report.
Financials of Solid State Systems Private Limited
FY 2025 filings availableSolid State Systems Private Limited reported revenue of ₹31.58 Cr (up 7% YoY) for FY 2025.
Revenue · FY 2025
₹31.58 Cr ▲ 7%
Net profit · FY 2025
₹66.11 Lakh margin 2.1%
EBITDA · FY 2025
₹2.27 Cr margin 7.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 7%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 18%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 7% growth in the latest year. EBITDA fell 18% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹2.27 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹66.11 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | 2.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Solid State Systems Private Limited, buy the company report.
Board of directors of Solid State Systems Private Limited
Solid State Systems has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shahrookh Hasan Khan Also directs: Capreme Technologies Private Limited | Director | 22 Dec 2023 | 2 Years 10 Months | Current |
| Naushad Hasan Also directs: Capreme Technologies Private Limited | Managing Director | 27 Jun 2020 | 6 Years 3 Months | Current |
| Mohammed Muneeruddin | Additional Director | 02 Apr 2025 | 1 Years 6 Months | Current |
Auditor
Solid State Systems Private Limited is audited by DAGLIYA & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DAGLIYA & CO. | FY 2023 | 0671S |
Shareholding
The shareholding of Solid State 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 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Solid State Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹10.3 Cr
Satisfied charges
₹15.97 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Jan 2017 | 100088361 | Others | ₹10.3 Cr | Open | |
| 07 Oct 2016 | 100059656 | Others | ₹50 Lakh | Satisfied | |
| 29 Jul 2013 | 10449097 | Karnataka State Financial Corporation | ₹1 Cr | Satisfied | |
| 24 Dec 2012 | 10395784 | Karnataka State Financial Corporation | ₹75 Lakh | Satisfied | |
| 21 Jul 2010 | 10234153 | Karnataka State Financial Corporation | ₹1 Cr | Satisfied |
To see the full charge records of Solid State Systems Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Solid State Systems Private Limited has 6 court cases on record: 6 filed against it. 2 cases are pending and 4 are disposed.
Total cases
6
Filed against the company
6
Pending
2
Disposed
4
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 2 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Court case (Com.O.S.) | Filed against the company by Kirloskar Brothers Limited | Pending |
| District court, Rangareddy, Telangana | Court case (CC-NI) | Filed against the company by M/S Tibrewala Electronics Ltd Ni Act | Pending |
| Supreme Court | Court case (Special Leave Petition (Civil)) | Filed against the company by Kirloskar Brothers Limited | Disposed |
| District court, Medchal Malkajgiri, Telangana | Court case (CC.NI) | Filed against the company by M/S Tibrewala Electronics Ltd Ni Act | Disposed |
| District court, South Goa, Goa | Original application | Filed against the company by Jimcap Electronics Pvt. Ltd, Through Its Admn Manager - Ullas Birkodi | Disposed |
To see the full case history of Solid State Systems Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Solid State Systems Private Limited was last rated by Icra on 20 Jan 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 20 Jan 2022 |
To see the full credit ratings and regulatory alerts of Solid State Systems Private Limited, buy the company report.
MSME payment delays
Solid State Systems Private Limited has 3 MSME Form 1 returns on record between 2021 and 2022, listing 367 overdue payments to 37 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 37)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Akshay Packaging Industries | |||
| Apras Polymers and Engineering Company Private Limited | |||
| Vaishnavi Cable Industries | |||
| an individual supplier | |||
| Ceedee Metalloys Private Limited. |
To see the full MSME payment records of Solid State Systems Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Solid State Systems Private Limited has a workforce of 40 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
40
Active EPFO establishments
1
Employee growth
2.56%
GST
Solid State Systems has 5 GST registrations: 2 active and 3 cancelled or inactive.
Total GSTINs
5
Active
2
Cancelled / inactive
3
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCS7545L1ZS | Karnataka | Active | 01 Jul 2017 |
| 06AABCS7545L1Z0 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Solid State Systems Private Limited, buy the company report.
Recent activity
Solid State Systems Private Limited has 10 board changes on record since 2020: 3 appointments and 7 cessations. The latest: Mohammed Muneeruddin was appointed as Additional Director on 02 Apr 2025.
AGM
Solid State Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Appointed
Mohammed Muneeruddin was appointed as Additional Director.
Filing
Solid State Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Others of Rs. 10.30 Cr registered on 09 Jan 2017 with Charge ID 100088361 was modified on 14 Mar 2025.
Ceased
Shahrookh Hasan Khan ceased to be Additional Director.
Appointed
Shahrookh Hasan Khan was appointed as Director.
Ceased
Naushad Hasan ceased to be Director.
Ceased
Mohd Shakir ceased to be Additional Director.
Ceased
Mohd Shuaib Malik ceased to be Additional Director.
Ceased
Iqbal Basith ceased to be Director.
Ceased
Jawad Basith ceased to be Director.
Ceased
Omer Basith ceased to be Managing Director.
30 earlier events are in the company report.
Frequently asked questions
Solid State Systems is an active private limited company based in Hoskote, Karnataka, India. The company works in semiconductor products and services, within the information technology industry. It was incorporated on 30 March 1972 (54+ years old) and is registered under CIN U51909KA1972PTC002179.
Solid State Systems has 3 current directors:
- Naushad Hasan - Managing Director
- Shahrookh Hasan Khan - Director
- Mohammed Muneeruddin - Additional Director
The latest financial statements of Solid State Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Solid State Systems is 29AABCS7545L1ZS, registered in Karnataka. The company has 5 GST registrations in all, of which 2 are active and 3 are cancelled or inactive. Other active GSTINs include 06AABCS7545L1Z0 (Haryana).
The CIN (Corporate Identification Number) of Solid State Systems is U51909KA1972PTC002179. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Solid State Systems has 6 court cases on record: 6 filed against it. 2 are pending. Most are in the district courts.
Solid State Systems was incorporated on 30 March 1972, making it 54+ years old. It is registered with the Registrar of Companies, Bangalore.
Mohammed Muneeruddin was appointed as Additional Director on 02 Apr 2025. Shahrookh Hasan Khan ceased to be Additional Director on 29 Sep 2024. Shahrookh Hasan Khan was appointed as Director on 22 Dec 2023. Solid State Systems has 10 board changes on record in total.
Yes, Solid State Systems is registered as a small enterprise under Udyam registration (number: UDYAM-KR-02-0008468).
Solid State Systems has 3 MSME Form 1 returns on record between 2021 and 2022, listing 367 overdue payments to 37 micro and small suppliers. The latest return was filed on 13 Nov 2022.
Solid State Systems can be reached through the website syscapindia.com. Its registered office is in Hoskote, Karnataka, India.