Syscon Sysnet Private Limited

Syscon Sysnet Private Limited - information technology in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
CIN U72200GJ2005PTC045631 Incorporated 04 March 2005 ROC Ahmedabad HQ Ahmedabad, Gujarat, India
Active Private Limited Company information technology MSME · Small
Data last updated
Revenue · FY 2024
₹52.14 Cr
▲ 12% YoY
Net profit · FY 2024
₹60.91 Lakh
Net margin 1.2%
EBITDA · FY 2024
₹1.7 Cr
EBITDA margin 3.3%
Authorised capital
₹15 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹2.17 Cr
Satisfied ₹1.2 Cr
Company age
21 yrs
Est. 2005
Directors on board
2
As per MCA filings

About Syscon Sysnet Private Limited

Data last updated:

Syscon Sysnet Private Limited is a private limited company based in Ahmedabad, 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, Ahmedabad, 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.

Syscon Sysnet Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0034064). 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.

Company details

CIN U72200GJ2005PTC045631
Registration Number 045631
Incorporation Date 04 March 2005
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-01-0034064
Key People
Jigesh Prakashchandra Doshi Director Neha Dhavalbhai Jajal Director

Recognitions & Rankings of Syscon Sysnet

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-GJ-01-0034064

Contact details

Syscon Sysnet Private Limited's registered office is in Ahmedabad, Gujarat. Its website is sysconsysnet.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    sysconsysnet.com
  • Social Media
  • Registered Address
    G/F – 7 Shree Ratna Complex Sun N Step Rd Surdhara Circle Thaltej, Ahmedabad, Gujarat, India – 380054
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Syscon Sysnet Private Limited, buy the company report.

Comprehensive company report
Syscon Sysnet 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 Syscon Sysnet 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 communication62Computer programming, consultancy and related activities

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

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.

Revenue · FY 2024
₹52.14 Cr ▲ 12%
Net profit · FY 2024
₹60.91 Lakh margin 1.2%
EBITDA · FY 2024
₹1.7 Cr margin 3.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 12%
3 years · compounded
▲ 42%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 63%
3 years · compounded
▲ 50%
5 years · compounded
▲ 37%

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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 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₹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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin3.3%
Net Profit Margin1.2%
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

To see the full financial statements and ratios of Syscon Sysnet Private Limited, buy the company report.

Board of directors of Syscon Sysnet Private Limited

Syscon Sysnet has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Jigesh Prakashchandra DoshiDirector04 Mar 200521 Years 8 MonthsCurrent
Neha Dhavalbhai JajalDirector04 Mar 200521 Years 8 MonthsCurrent
View all directors

Auditor

Syscon Sysnet Private Limited is audited by NAINESH PANDYA & ASSOCIATES for the financial year 2023.

Auditor firmFinancial yearFirm registration number
NAINESH PANDYA & ASSOCIATESFY 2023039974

Shareholding

The shareholding of Syscon Sysnet 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Syscon Sysnet Private Limited, buy the company report.

Charges & borrowings

Open charges
₹2.17 Cr
Satisfied charges
₹1.2 Cr
Breakdown by lending institutions
Yes Bank Limited₹1.75 Cr
Axis Bank Limited₹0.42 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Sep 2022100614644Yes Bank Limited₹1.75 CrOpen
07 Dec 2019100309797Axis Bank Limited₹42 LakhOpen
15 Sep 2018100219091Axis Bank Limited₹1.2 CrSatisfied

To see the full charge records of Syscon Sysnet Private Limited, buy the company report.

Total charge records: 3 View all charges

MSME payment delays

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)

SupplierAmount dueDue sinceReported on
an individual supplier
Heliocentrix Technology Private Limited
Sunce Info Solution Private Limited
Prompt Data Products Pvt Ltd
an individual supplier

To see the full MSME payment records of Syscon Sysnet Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

GST

Syscon Sysnet has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
24AAICS8590A1ZBGujaratActive01 Jul 2017

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

Recent activity

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.

AGM
Syscon Sysnet Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Syscon Sysnet Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge registered on 15 Sep 2018 via Charge ID 100219091 with Axis Bank Limited was fully satisfied on 25 Aug 2023.
Charges
A charge with Yes Bank Limited amounted to Rs. 175.00 Lakh with Charge ID 100614644 was registered on 28 Sep 2022.
Charges
A charge with Axis Bank Limited of Rs. 119.57 Lakh registered on 15 Sep 2018 with Charge ID 100219091 was modified on 16 Oct 2020.
Charges
A charge with Axis Bank Limited amounted to Rs. 42.00 Lakh with Charge ID 100309797 was registered on 07 Dec 2019.
Charges
A charge with Axis Bank Limited amounted to Rs. 119.57 Lakh with Charge ID 100219091 was registered on 15 Sep 2018.
Appointed
Jigesh Prakashchandra Doshi was appointed as Director.
Appointed
Neha Dhavalbhai Jajal was appointed as Director.
Incorporation
04 Mar 2005
Syscon Sysnet Private Limited was registered on 04 Mar 2005 with Roc Ahmedabad & aged 21 years 8 months as per MCA records.

Frequently asked questions

Syscon Sysnet is an active private limited company based in Ahmedabad, 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 has 2 current directors:

The latest financial statements of Syscon Sysnet on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

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.

Jigesh Prakashchandra Doshi was appointed as Director on 04 Mar 2005. Neha Dhavalbhai Jajal was appointed as Director on 04 Mar 2005.

Yes, Syscon Sysnet is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-01-0034064).

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.

Syscon Sysnet can be reached through the website sysconsysnet.com. Its registered office is in Ahmedabad, Gujarat, India.