About Syscon Sysnet Private Limited
Data last updated:
Syscon Sysnet Private Limited is a private limited company based in Ahmeadbad, Gujarat, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 04 March 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U72200GJ2005PTC045631. Its GSTIN is 24AAICS8590A1ZB (Gujarat).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹15 Lakh. It is led by directors Jigesh Prakashchandra Doshi and Neha Dhavalbhai Jajal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at G/F – 7 Shree Ratna Complex Sun N Step Rd Surdhara Circle Thaltej, Ahmeadbad, Gujarat, India – 380054.
As per the financials filed for FY 2024, the company reported a revenue of ₹52.14 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹60.91 Lakh (net margin 1.2%) and EBITDA of ₹1.7 Cr (EBITDA margin 3.3%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹2.17 Cr and satisfied charges of ₹1.2 Cr on record. Court records list 5 cases involving the company, including 5 filed by the company; 3 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sysconsysnet.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressG/F – 7 Shree Ratna Complex Sun N Step Rd Surdhara Circle Thaltej, Ahmeadbad, Gujarat, India – 380054
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Syscon Sysnet Private Limited
The main business activity of Syscon Sysnet is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | 62 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Syscon Sysnet Private Limited FY 2024 filings available
Syscon Sysnet Private Limited reported revenue of ₹52.14 Cr (up 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Syscon Sysnet Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 12% growth in the latest year. EBITDA rose 63% 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 of Syscon Sysnet Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹1.7 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹60.91 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 of Syscon Sysnet Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Syscon Sysnet are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Syscon Sysnet Private Limited
Syscon Sysnet Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Ameri100 Consulting Private Limited | ₹52.59 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Bengaluru, Karnataka, India |
| Lighthouse Asia Pacific Private Limited | ₹52.48 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Oracle (Ofss) BPO Services Limited | ₹52.44 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | New Delhi, Delhi, India |
| Atomic North Private Limited | ₹52.26 Cr (FY 2025) | •••• | •••• | 58.0% | •••• | East Delhi, Delhi, India |
| Calance Software Private Limited | ₹52.15 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | New Delhi, Delhi, India |
| Syscon Sysnet Private Limited this company | ₹52.14 Cr (FY 2024) | •••• | •••• | 12.0% | •••• | Ahmeadbad, Gujarat, India |
| Kaizen IT Services Pvt Ltd | ₹52.11 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Kolkata, West Bengal, India |
| I Sky Automations Private Limited | ₹52.09 Cr (FY 2025) | •••• | •••• | 5.0% | •••• | Bangalore South, Karnataka, India |
| I T Solutions India Private Limited | ₹52.04 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | New Delhi, Delhi, India |
| Knack Systems and Services Private Limited | ₹51.9 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | Mumbai, Maharashtra, India |
| Servilink Systems Limited | ₹51.73 Cr (FY 2024) | •••• | •••• | 5.0% | •••• | Vadodara, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Syscon Sysnet by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Syscon Sysnet Private Limited
Syscon Sysnet Private Limited is audited by NAINESH PANDYA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| NAINESH PANDYA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Syscon Sysnet Private Limited
Syscon Sysnet has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jigesh Prakashchandra Doshi | Director | 04 Mar 2005 | 21 Years 7 Months | Current |
| Neha Dhavalbhai Jajal | Director | 04 Mar 2005 | 21 Years 7 Months | Current |
Ownership and Shareholding of Syscon Sysnet Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Syscon Sysnet Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Sep 2022 | Yes Bank Limited | ₹1.75 Cr | Open |
| 07 Dec 2019 | Axis Bank Limited | ₹42 Lakh | Open |
| 15 Sep 2018 | Axis Bank Limited | ₹1.2 Cr | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Syscon Sysnet Private Limited
Syscon Sysnet Private Limited has 5 court cases on record: 5 filed by Syscon Sysnet. 3 cases are pending and 2 are disposed. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 3 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Solent Autosys Private Limited | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against Solent Autosys Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Raksha Infotech Inc | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed by the company against Raksha Infotech Inc | Disposed |
Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Syscon Sysnet Private Limited
Syscon Sysnet Private Limited has 3 MSME Form 1 returns on record between 2017 and 2019, listing 20 overdue payments to 5 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 5)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | •••• | •••• | •••• |
| Heliocentrix Technology Private Limited | •••• | •••• | •••• |
| Sunce Info Solution Private Limited | •••• | •••• | •••• |
| Prompt Data Products Pvt Ltd | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 3 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Syscon Sysnet Private Limited
Employment history and EPFO contributions of people linked to Syscon Sysnet.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Syscon Sysnet Private Limited
Syscon Sysnet Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Jigesh Prakashchandra Doshi was appointed as Director on 04 Mar 2005.
Credit Ratings, Litigation & Regulatory Alerts for Syscon Sysnet Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Syscon Sysnet Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Syscon Sysnet Private Limited
Syscon Sysnet has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICS8590A1ZB | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Syscon Sysnet Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Syscon Sysnet Private Limited
Syscon Sysnet is an active private limited company based in Ahmeadbad, Gujarat, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 04 March 2005 (21+ years old) and is registered under CIN U72200GJ2005PTC045631.
Syscon Sysnet reported revenue of ₹52.14 Cr for FY 2024 (up 12% YoY).
Syscon Sysnet has 2 current directors:
- Jigesh Prakashchandra Doshi - Director
- Neha Dhavalbhai Jajal - Director
Syscon Sysnet reported a net profit of ₹60.91 Lakh (net margin 1.2%) and EBITDA of ₹1.7 Cr (EBITDA margin 3.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Syscon Sysnet is 42% over three years and 21% over five years. In the latest year (FY 2024) revenue rose 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Syscon Sysnet is 24AAICS8590A1ZB, registered in Gujarat.
The CIN (Corporate Identification Number) of Syscon Sysnet is U72200GJ2005PTC045631. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Syscon Sysnet has 5 court cases on record: 5 filed by the company. 3 are pending.
Syscon Sysnet was incorporated on 04 March 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Syscon Sysnet by revenue are Ameri100 Consulting Private Limited, Lighthouse Asia Pacific Private Limited, Oracle (Ofss) BPO Services Limited, Atomic North Private Limited, Calance Software Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Jigesh Prakashchandra Doshi was appointed as Director on 04 Mar 2005. Neha Dhavalbhai Jajal was appointed as Director on 04 Mar 2005.
Syscon Sysnet has 3 MSME Form 1 returns on record between 2017 and 2019, listing 20 overdue payments to 5 micro and small suppliers. The latest return was filed on 03 Jun 2019.