Startup India Government of India
Syscryption Technologies Private Limited - information technology in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹26,000
▼ 84% YoY
Net loss · FY 2024
₹1.08 Lakh
Net margin -415.7%
EBITDA · FY 2024
-₹1.07 Lakh
EBITDA margin -411.7%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Brands
2
Associated brands
About Syscryption Technologies Private Limited
Data last updated:
Syscryption Technologies Private Limited is a private limited company based in Pune, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 15 November 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2017PTC173417.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pravin Ramprasad Kadam and Satish Bhagwat Lomate.
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 Office N0. 10 Vishal Tower S. No. 20/2/1/4 Near Vishal Lodge Dhankawadi, Pune, Maharashtra, India – 411043.
As per the financials filed for FY 2024, the company reported a revenue of ₹26,000, a decline of 84% compared to the previous year. For the same year it recorded a net loss of ₹1.08 Lakh (net margin -415.7%) and EBITDA of -₹1.07 Lakh (EBITDA margin -411.7%). Revenue has declined at a compounded annual rate (CAGR) of 73% over three years and 52% over five years.
The company is associated with 2 brands: Syscryption and SysCRM.
Syscryption Technologies Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0266073). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website syscryption.com.
Company details
CIN U72900PN2017PTC173417
Registration Number 173417
Incorporation Date 15 November 2017
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-MH-26-0266073
Recognitions & Rankings of Syscryption Technologies
MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0266073
Contact details
Syscryption Technologies Private Limited's registered office is in Pune, Maharashtra. Its website is syscryption.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice N0. 10 Vishal Tower S. No. 20/2/1/4 Near Vishal Lodge Dhankawadi, Pune, Maharashtra, India – 411043
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Syscryption Technologies Private Limited, buy the company report.
Comprehensive company report
Syscryption Technologies 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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Brands
Syscryption Technologies operates two associated brands: Syscryption and SysCRM. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers SMS, email, and WhatsApp messaging solutions for reliable communication needs. | syscryption.com | |
| Real estate CRM platform for managing leads, sales, and marketing efficiently. | syscrm.io |
Business activity
The main business activity of Syscryption Technologies 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 |
To see the full business activity and turnover split of Syscryption Technologies Private Limited, buy the company report.
Financials of Syscryption Technologies Private Limited
FY 2024 filings availableSyscryption Technologies Private Limited reported revenue of ₹26,000 (down 84% YoY) for FY 2024.
Revenue · FY 2024
₹26,000 ▼ 84%
Net loss · FY 2024
₹1.08 Lakh margin -415.7%
EBITDA · FY 2024
-₹1.07 Lakh margin -411.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 84%
3 years · compounded
▼ 73%
5 years · compounded
▼ 52%
EBITDA CAGR growth
1 year
▼ 19%
3 years · compounded
▼ 72%
5 years · compounded
▼ 56%
Revenue has declined at a compounded annual rate (CAGR) of 52% over five years, including a 84% fall in the latest year. EBITDA fell 19% 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 | -₹1.07 Lakh | ||||
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| Net Profit (PAT) | -₹1.08 Lakh | ||||
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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 | -411.7% | ||||
| Net Profit Margin | -415.7% | ||||
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To see the full financial statements and ratios of Syscryption Technologies Private Limited, buy the company report.
Board of directors of Syscryption Technologies Private Limited
Syscryption Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravin Ramprasad Kadam Also directs: Brandszip LLP, Veltuz Software Private Limited | Director | 13 Jan 2020 | 6 Years 9 Months | Current |
| Satish Bhagwat Lomate | Director | 15 Nov 2017 | 8 Years 11 Months | Current |
Peer comparison
Syscryption Technologies Private Limited is compared with the 6 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Syscryption Technologies Private Limitedthis company | ₹26,000 (FY 2024) | -₹1.08 Lakh | -415.7% | -84.0% | Pune, Maharashtra, India | |
| Spicyquantum Private Limited | ₹26,000 (FY 2024) | 160.0% | Vadodara, Gujarat, India | |||
| Youx Design Tech Private Limited | ₹26,000 (FY 2023) | Bangalore, Karnataka, India | ||||
| Nordstern Business Solutions Private Limited | ₹26,000 (FY 2024) | Patna, Bihar, India | ||||
| Shopisthan India Private Limited | ₹26,000 (FY 2024) | -92.0% | Pune, Maharashtra, India | |||
| Quicklink Technologies Private Limited | ₹25,945 (FY 2019) | -84.0% | Sangli, Maharashtra, India | |||
| Quadrisk Advisors Private Limited | ₹25,940 (FY 2022) | -57.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Syscryption Technologies Private Limited, buy the company report.
Auditor
Syscryption Technologies Private Limited is audited by K J S AND ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K J S AND ASSOCIATES | FY 2021 | 143669W |
Shareholding
The shareholding of Syscryption Technologies Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2019 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Syscryption Technologies Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Syscryption Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Syscryption Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Syscryption Technologies Private Limited has 1 active EPFO establishment as of Mar 30, 2024.
Active EPFO establishments
1
GST
No GST registration is on our record for Syscryption Technologies Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Syscryption Technologies Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Pravin Ramprasad Kadam ceased to be Additional Director on 31 Dec 2020.
AGM
Syscryption Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Syscryption Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
Ceased
Pravin Ramprasad Kadam ceased to be Additional Director.
Appointed
Pravin Ramprasad Kadam was appointed as Director.
Ceased
Vishal Detake ceased to be Director.
Appointed
Satish Bhagwat Lomate was appointed as Director.
Incorporation
15 Nov 2017
Syscryption Technologies Private Limited was registered on 15 Nov 2017 with Roc Pune & aged 8 years 11 months as per MCA records.
Frequently asked questions
Syscryption Technologies is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 15 November 2017 (9+ years old) and is registered under CIN U72900PN2017PTC173417.
Syscryption Technologies has 2 current directors:
- Pravin Ramprasad Kadam - Director
- Satish Bhagwat Lomate - Director
The latest financial statements of Syscryption Technologies 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 FY 2018 are in the company report.
The CIN (Corporate Identification Number) of Syscryption Technologies is U72900PN2017PTC173417. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Syscryption Technologies was incorporated on 15 November 2017, making it 9+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Syscryption Technologies by revenue are Spicyquantum Private Limited, Youx Design Tech Private Limited, Nordstern Business Solutions Private Limited, Shopisthan India Private Limited, Quicklink Technologies Private Limited and 1 more, all in the same principal business activity (computer programming, consultancy and related activities).
Pravin Ramprasad Kadam ceased to be Additional Director on 31 Dec 2020. Pravin Ramprasad Kadam was appointed as Director on 13 Jan 2020. Vishal Detake ceased to be Director on 13 Jan 2020. Syscryption Technologies has 4 board changes on record in total.
Yes, Syscryption Technologies is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Syscryption Technologies is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0266073).
Syscryption Technologies can be reached through the website syscryption.com. Its registered office is in Pune, Maharashtra, India.
The registered office of Syscryption Technologies is at Office N0. 10 Vishal Tower S. No. 20214 Near Vishal Lodge Dhankawadi, Pune, Maharashtra, India – 411043.