MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0016473
Static Systems Private Limited - consumer electronics & durables in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹7.97 Cr
▼ 15% YoY
Net profit · FY 2024
₹36.8 Lakh
Net margin 4.6%
EBITDA · FY 2024
₹1.12 Cr
EBITDA margin 14.1%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹17.09 Cr
Satisfied ₹4.46 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
18
Provident fund records
About Static Systems Private Limited
Data last updated:
Static Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 10 November 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U25199KA2004PTC035012. Its GSTIN is 29AAICS5369P1ZB (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Chandra Shekar Govindiah (Managing Director) and Kavitha Begamangala Ramakrishna.
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 S No. 254/1 – 5 11th Main Road 3rd Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.97 Cr, a decline of 15% compared to the previous year. For the same year it recorded a net profit of ₹36.8 Lakh (net margin 4.6%) and EBITDA of ₹1.12 Cr (EBITDA margin 14.1%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 1% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹17.09 Cr and satisfied charges of ₹4.46 Cr on record. Court records list 6 cases involving the company, including 1 filed by the company and 5 filed against it; 3 cases are pending.
Static Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0016473). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website staticsystem.com.
Company details
CIN U25199KA2004PTC035012
Registration Number 035012
Incorporation Date 10 November 2004
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-03-0016473
Recognitions & Rankings of Static Systems
Contact details
Static Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is staticsystem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressS No. 254/1 – 5 11th Main Road 3rd Phase Peenya Industrial Area, Bangalore, Karnataka, India – 560058
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Static Systems Private Limited, buy the company report.
Comprehensive company report
Static 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 Static Systems is manufacturing. In detail, this covers computer, electronic, communication and scientific measuring & control equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C9 | Computer, electronic, Communication and scientific measuring & control equipment |
To see the full business activity and turnover split of Static Systems Private Limited, buy the company report.
Financials of Static Systems Private Limited
FY 2025 filings availableStatic Systems Private Limited reported revenue of ₹7.97 Cr (down 15% YoY) for FY 2024.
Revenue · FY 2024
₹7.97 Cr ▼ 15%
Net profit · FY 2024
₹36.8 Lakh margin 4.6%
EBITDA · FY 2024
₹1.12 Cr margin 14.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 15%
3 years · compounded
▲ 13%
5 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 6%
5 years · compounded
▲ 10%
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years, including a 15% fall in the latest year. EBITDA rose 2% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.12 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.8 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 14.1% | ||||
| Net Profit Margin | 4.6% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Static Systems Private Limited, buy the company report.
Board of directors of Static Systems Private Limited
Static Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandra Shekar Govindiah Also directs: DC Technologies Private Limited | Managing Director | 10 Nov 2004 | 21 Years 11 Months | Current |
| Kavitha Begamangala Ramakrishna | Director | 10 Nov 2004 | 21 Years 11 Months | Current |
Shareholding
The shareholding of Static Systems Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Static Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹17.09 Cr
Satisfied charges
₹4.46 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2025 | 101139003 | Others | ₹10.4 Cr | Open | |
| 31 Mar 2023 | 100711705 | Hdfc Bank Limited | ₹64 Lakh | Open | |
| 30 Mar 2022 | 100564474 | Others | ₹6.05 Cr | Open | |
| 27 Oct 2017 | 100132714 | Others | ₹1.96 Cr | Satisfied | |
| 09 Nov 2016 | 100061207 | Others | ₹1.9 Cr | Satisfied |
To see the full charge records of Static Systems Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Static Systems Private Limited has 6 court cases on record: 1 filed by Static Systems, 5 filed against it. 3 cases are pending and 3 are disposed.
Total cases
6
Filed by the company
1
Filed against the company
5
Pending
3
Disposed
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 2 |
| High courts | 1 | 0 | 1 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Interim or miscellaneous application | Filed against the company by Samsung India Electronics Pvt Ltd | Pending |
| High Court | Writ petition | Filed by the company against individuals | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Original Suit) | Filed against the company by Ms Samsung India Electronics PVTB Ltd | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Original Suit) | Filed against the company by Ms Samsung India Electronics PVTB Ltd | Disposed |
| District court, BENGALURU, Karnataka | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Static 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Static Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Static Systems Private Limited has a workforce of 18 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
-10%
GST
Static Systems has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAICS5369P1ZB | Karnataka | Active | 01 Jul 2017 |
| 33AAICS5369P2ZL | Tamil Nadu | Active | 01 Nov 2017 |
To see the full GST registrations and return filing status of Static Systems Private Limited, buy the company report.
Recent activity
Static Systems Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Ashwath Madhe Gowda ceased to be Director on 20 Jul 2022.
Charges
A charge with Others of Rs. 1,040.20 Lakh registered on 29 Jul 2025 with Charge ID 101139003 was modified on 20 Dec 2025.
AGM
Static Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 1,040.20 Lakh with Charge ID 101139003 was registered on 29 Jul 2025.
Charges
A charge with Others of Rs. 605.19 Lakh registered on 30 Mar 2022 with Charge ID 100564474 was modified on 29 Jul 2025.
Filing
Static Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 64.00 Lakh with Charge ID 100711705 was registered on 31 Mar 2023.
Ceased
Ashwath Madhe Gowda ceased to be Director.
Charges
A charge with Others amounted to Rs. 605.19 Lakh with Charge ID 100564474 was registered on 30 Mar 2022.
Charges
A charge registered on 27 Oct 2017 via Charge ID 100132714 with Others was fully satisfied on 11 Oct 2021.
Charges
A charge registered on 09 Nov 2016 via Charge ID 100061207 with Others was fully satisfied on 23 Jul 2021.
Charges
A charge registered on 04 Nov 2016 via Charge ID 100061206 with Others was fully satisfied on 23 Jul 2021.
Charges
A charge with Others of Rs. 196.00 Lakh registered on 27 Oct 2017 with Charge ID 100132714 was modified on 25 Jun 2020.
7 earlier events are in the company report.
Frequently asked questions
Static Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 10 November 2004 (22+ years old) and is registered under CIN U25199KA2004PTC035012.
Static Systems has 2 current directors:
- Chandra Shekar Govindiah - Managing Director
- Kavitha Begamangala Ramakrishna - Director
The latest financial statements of Static 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 Static Systems is 29AAICS5369P1ZB, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAICS5369P2ZL (Tamil Nadu).
The CIN (Corporate Identification Number) of Static Systems is U25199KA2004PTC035012. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Static Systems has 6 court cases on record: 1 filed by the company and 5 filed against it. 3 are pending. Most are in the district courts.
Static Systems was incorporated on 10 November 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Ashwath Madhe Gowda ceased to be Director on 20 Jul 2022. Chandra Shekar Govindiah was appointed as Managing Director on 10 Nov 2004. Kavitha Begamangala Ramakrishna was appointed as Director on 10 Nov 2004.
Yes, Static Systems is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0016473).
Static Systems can be reached through the website staticsystem.com. Its registered office is in Bangalore, Karnataka, India.