Systech It Solutions Limited - Company Profile

It is a consumer electronics & durables public limited company based in Bangalore South, Karnataka, India, established in 2010.
2010 Bangalore South, Karnataka, India Active
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About Systech It Solutions Limited

Systech It Solutions Limited, a active public limited company, was established on 20 April 2010 in Bangalore South, Karnataka, India. Engaging in electronic appliances retail & distribution within the trade sector, it holds CIN: U72200KA2010PLC053310. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹5.50 Cr and a paid-up capital of ₹4.93 Cr.

It upholds a compliant status. Employing 45 professional, Its leadership includes Amey Prakash Saharkar (Company Secretary), Vinit Kothari (Director), Archit Jain (Director). Past directors included Vinit Kothari, Archit Jain, Abhishek Jain. It holds ₹182.81 Cr open charges and ₹55.25 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Unit No H-04, 4Th Floor, Solus No 2,, 8/9, No 23, Pid No 48-74-2, 1St Cross, Jc Road, Bangalore South, Karnataka, 560027.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U72200KA2010PLC053310

  • Registration Number

    053310

  • Incorporation Date

    20 April 2010

  • Authorized Capital

    ₹5.50 Cr

  • Paid-Up Capital

    ₹4.93 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.50 Cr
  • Paid Up Capital ₹ 4.93 Cr
  • Company Age 15 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 182.81 Cr
  • Satisfied Charges ₹ 55.25 Cr
  • Revenue Growth **** 15.14%
  • Profit Growth **** 9.41%
  • Ebitda **** -549.36%
  • Net Worth 28.11%
  • Total Assets **** 16.05%
Company report

Systech It Solutions Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Systech It Solutions Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Systech It Solutions Limited?
Current Directors
Name Designation Appointment Date Status
Amey Prakash Saharkar Company Secretary 06 Jan 2024 Current
Vinit Kothari Director 07 Oct 2023 Current
Archit Jain Director 07 Oct 2023 Current
Abhishek Jain Managing Director 20 Apr 2010 Current
Rahul Shukla Director 05 Feb 2024 Current
Payal Jain Prakashjain Director 05 Feb 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 02 Nov 2023 Past
Pramod Abcsdd Additional Director 02 Nov 2023 Past
Pramod Abcsdd Director 20 Mar 2024 Past
Pramod Abcsdd Additional Director 20 Mar 2024 Past
Pramod Abcsdd Additional Director 20 Mar 2024 Past
Pramod Abcsdd Additional Director 30 Sep 2022 Past

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Financial Performance of Systech It Solutions.

Systech It Solutions Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.14% increase. The company also saw a slight improvement in profitability, with a 9.41% increase in profit. The company's net worth Soared by an impressive increase of 28.11%.

Systech It Solutions revenue growth over time
Systech It Solutions profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 15.14%
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Revenue from Operations
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 12.58%
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*******
*******
Total Assets
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 16.05%
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*******
Profit or Loss
*******
 9.41%
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*******
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*******
Net Worth
*******
 28.11%
*******
*******
*******
*******
EBITDA
*******
 -549.36%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Systech It Solutions?

In 2023, Systech It Solutions had a promoter holding of 99.98% and a public holding of 0.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹1,828,083,368.00

Satisfied Charges

₹552,500,000.00

Charges Breakdown by Lending Institutions
  • Yes Bank Limited : 54.75 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 43.00 Cr
  • Hdfc Bank Limited : 41.96 Cr
  • Axis Bank Limited : 36.10 Cr
  • Others : 7.00 Cr
Latest Charge Details
Date Lender Amount Status
06 Jan 2025 Hdfc Bank Limited ₹5.27 M Open
12 Aug 2024 Hdfc Bank Limited ₹24.50 Cr Open
03 Feb 2023 Others ₹4.00 Cr Open
24 Feb 2022 The Hongkong And Shanghai Banking Corporation Limited ₹43.00 Cr Open
30 Dec 2019 Axis Bank Limited ₹18.50 Cr Open

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How Many Employees Work at Systech It Solutions?

Systech It Solutions has a workforce of 45 employees as of Nov 26, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Systech It Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Systech It Solutions's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Systech It Solutions
Recent Activity within the Organization
  • Charges

    A charge registered on 30 Sep 2023 via Charge ID 100801708 with State Bank Of India was fully satisfied on 03 Nov 2025. was recorded as a recent event.

  • Charges

    Progress on A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 43.00 Cr registered on 24 Feb 2022 with Charge ID 100544298 was modified on 15 May 2025. was documented.

  • Charges

    The activity A charge registered on 26 Nov 2021 via Charge ID 100514226 with State Bank Of India was fully satisfied on 20 Mar 2025. was completed.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 24.50 Cr registered on 12 Aug 2024 with Charge ID 100977987 was modified on 29 Jan 2025. was recorded as a recent event.

  • Charges

    A charge registered on 30 Mar 2022 via Charge ID 100566909 with Others was fully satisfied on 08 Jan 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 28 Oct 2021 via Charge ID 100506122 with Others was fully satisfied on 08 Jan 2025. was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Systech It Solutions Limited?

The CIN of Systech It Solutions Limited is U72200KA2010PLC053310.

Where is Systech It Solutions Limited headquartered?

Systech It Solutions Limited is headquartered at Unit No H-04, 4Th Floor, Solus No 2,, 8/9, No 23, Pid No 48-74-2, 1St Cross, Jc Road, Bangalore South, Karnataka, 560027.

When was Systech It Solutions Limited incorporated?

Systech It Solutions Limited was incorporated on 20 April 2010.

Who are the current directors of Systech It Solutions Limited?

The current directors of Systech It Solutions Limited are

What is the primary industry of Systech It Solutions Limited?

The primary industry of Systech It Solutions Limited is Trade.

Is Systech It Solutions Limited a listed company?

Systech It Solutions Limited is unlisted.

What is the capital structure of Systech It Solutions Limited?

The authorized capital of Systech It Solutions Limited is ₹5.50 Cr, and the paid-up capital is ₹4.93 Cr.

What is the compliance status of Systech It Solutions Limited?

The compliance status of Systech It Solutions Limited is Compliant.

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