About Sunlet Systems & Ventures Private Limited
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Sunlet Systems & Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 23 September 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U13204KA1999PTC025749.
The company has an authorised share capital of ₹50 Cr and a paid-up capital of ₹19.01 Cr. It is led by directors including Amogh Surendra Dalvi and Surendrasingh Sadar Negi.
Its last annual general meeting (AGM) was held on 30 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at No. 65/1 2nd Floor Chennama Memorial School Compound Mission Road, Bangalore, Karnataka, India – 560027.
As per the financials filed for FY 2016, the company reported a revenue of ₹3.58 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net loss of ₹90.06 Lakh and EBITDA of -₹87.87 Lakh.
Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website sunletventures.com.
Company details
CIN history
Sunlet Systems & Ventures has one previous CIN (Corporate Identification Number): U85110KA1999PTC025749. The current CIN is U13204KA1999PTC025749, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U13204KA1999PTC025749 | Current |
| U85110KA1999PTC025749 | Previous |
Contact details
Sunlet Systems & Ventures Private Limited's registered office is in Bangalore, Karnataka. Its website is sunletventures.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 65/1 2nd Floor Chennama Memorial School Compound Mission Road, Bangalore, Karnataka, India – 560027
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Sunlet Systems & Ventures Private Limited, buy the company report.
- 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
Business activity
The main business activity of Sunlet Systems & Ventures 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 |
Financials of Sunlet Systems & Ventures Private Limited
FY 2015 filings availableSunlet Systems & Ventures Private Limited reported revenue of ₹3.58 Lakh (down 76% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 76% in the latest year. EBITDA fell 7% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹3.58 Lakh | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹87.87 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹90.06 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | ||
| Net Profit Margin | ||
| 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 Sunlet Systems & Ventures Private Limited, buy the company report.
Board of directors of Sunlet Systems & Ventures Private Limited
Sunlet Systems & Ventures has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amogh Surendra Dalvi | Additional Director | 03 Jan 2014 | 12 Years 10 Months | Current |
| Surendrasingh Sadar Negi Also directs: Satko Constructions Private Limited | Additional Director | 09 Feb 2016 | 10 Years 9 Months | Current |
| Dhiren Jaywant Meher Also directs: Satko Constructions Private Limited | Additional Director | 01 Apr 2014 | 12 Years 7 Months | Current |
Peer comparison
Sunlet Systems & Ventures Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Avuniversal Automation Private Limited | ₹3.6 Lakh (FY 2022) | 134.0% | Delhi, India | |||
| Sunlet Systems & Ventures Private Limitedthis company | ₹3.58 Lakh (FY 2016) | -₹90.06 Lakh | -76.0% | Bangalore, Karnataka, India | ||
| Pacex E-Systems Private Limited | ₹3.58 Lakh (FY 2025) | -79.0% | Lucknow, Uttar Pradesh, India | |||
| KP Factors Business Solutions Private Limited | ₹3.57 Lakh (FY 2022) | 638.0% | New Delhi, Delhi, India |
To see the full peer comparison of Sunlet Systems & Ventures Private Limited, buy the company report.
Auditor
Sunlet Systems & Ventures Private Limited is audited by L ANBALAGAN & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L ANBALAGAN & CO | FY 2016 | 000160S |
Shareholding
The shareholding of Sunlet Systems & Ventures Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Sunlet Systems & Ventures Private Limited, buy the company report.
Legal cases
Sunlet Systems & Ventures Private Limited has 2 court cases on record: 2 filed against it. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (SPL.C) | Filed against the company by an individual | Pending |
| District court, Nashik, Maharashtra | Court case (Spl.Case) | Filed against the company | Disposed |
To see the full case history of Sunlet Systems & Ventures 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 Sunlet Systems & Ventures Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Sunlet Systems & Ventures Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Sunlet Systems & Ventures Private Limited has 9 board changes on record since 2014: 3 appointments and 6 cessations. The latest: Surendrasingh Sadar Negi ceased to be Additional Director on 29 May 2019.
Frequently asked questions
Sunlet Systems & Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 23 September 1999 (27+ years old) and is registered under CIN U13204KA1999PTC025749.
Sunlet Systems & Ventures has 3 current directors:
- Amogh Surendra Dalvi - Additional Director
- Surendrasingh Sadar Negi - Additional Director
- Dhiren Jaywant Meher - Additional Director
The latest financial statements of Sunlet Systems & Ventures on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 30 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Sunlet Systems & Ventures is U13204KA1999PTC025749. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Sunlet Systems & Ventures has 2 court cases on record: 2 filed against it. 1 is pending.
Sunlet Systems & Ventures was incorporated on 23 September 1999, making it 27+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Sunlet Systems & Ventures by revenue are Avuniversal Automation Private Limited, Pacex E-Systems Private Limited, KP Factors Business Solutions Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).
Surendrasingh Sadar Negi ceased to be Additional Director on 29 May 2019. Dhiren Jaywant Meher ceased to be Additional Director on 24 May 2019. Surbhi Sharma ceased to be Director on 11 Feb 2016. Sunlet Systems & Ventures has 9 board changes on record in total.
Sunlet Systems & Ventures can be reached through the website sunletventures.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Sunlet Systems & Ventures is at No. 651 2nd Floor Chennama Memorial School Compound Mission Road, Bangalore, Karnataka, India – 560027.
Sunlet Systems & Ventures operates in the information technology industry, in the IT consulting and support services segment.
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