About System Two Solutions Private Limited
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System Two Solutions Private Limited is a private limited company based in Raipur, Chattisgarh, India, recognised as a startup by DPIIT. It operates in the retail trade segment of the trading and commerce sector. It was incorporated on 04 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U72200CT2015PTC001871. Its GSTIN is 22AAWCS1689J1ZO (Chattisgarh). The company holds 6 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.8 Cr. It was formerly known as System Two Online Solutions Private Limited. It is led by directors including Manish Agarwal and Rahul Agrawal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at M/S Raipur Complex Hira Arcade Pandri Near New Bus Stand, Chattisgarh, India – 492001.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.39 Lakh, a decline of 12% compared to the previous year. For the same year it recorded a net loss of ₹13.44 Cr and EBITDA of -₹12.81 Cr. Revenue has declined at a compounded annual rate (CAGR) of 78% over three years and 57% over five years.
The company is associated with 1 brand: Health Potli.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website healthpotli.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Apps
- Registered AddressM/S Raipur Complex Hira Arcade Pandri Near New Bus Stand, Chattisgarh, India – 492001
- IndustryTrading, Retailers, Retail Trading
- 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 System Two Solutions Private Limited
The main business activity of System Two Solutions is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 System Two Solutions Private Limited FY 2025 filings available
System Two Solutions Private Limited reported revenue of ₹13.39 Lakh (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of System Two Solutions Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 57% over five years, including a 12% fall in the latest year. EBITDA fell 7% 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 System Two Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹12.81 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹13.44 Cr | •••• | •••• | •••• | •••• |
| 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 System Two Solutions Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | •••• | •••• | •••• | •••• | •••• |
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 System Two Solutions are in the company report.
Financial statements from FY 2016
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 System Two Solutions Private Limited
System Two Solutions Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Healthcare Products). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Care Catalyst Equipments Private Limited | •••• | •••• | •••• | •••• | - | Ahamednagar, Maharashtra, India |
| Panakeia Medisys Private Limited | •••• | •••• | •••• | •••• | - | Ghaziabad, Uttar Pradesh, India |
| Swatee Health Solutions (OPC) Private Limited | •••• | •••• | •••• | •••• | - | Rishikesh, Uttarakhand, India |
| Caliczbee Solutions Private Limited | •••• | •••• | •••• | •••• | - | Kozhikode, Kerala, India |
| Candor Specialties Private Limited | •••• | •••• | •••• | •••• | - | Ghaziabad, Uttar Pradesh, India |
| System Two Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Raipur, Chattisgarh, India |
| Lefutura Healthcare Products Private Limited | •••• | •••• | •••• | •••• | - | Coimbatore South, Tamil Nadu, India |
| KJC Surgical Care Private Limited | •••• | •••• | •••• | •••• | - | Jabalpur, Madhya Pradesh, India |
| Nutrinord Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Stepmeds Technologies Private Limited | •••• | •••• | •••• | •••• | - | Khammam, Telangana, India |
| Amogghah Organic India Private Limited | •••• | •••• | •••• | •••• | - | Delhi, India |
Peers are the five companies nearest above and the five nearest below System Two Solutions by revenue in the Ecommerce and Internet industry (Healthcare Products), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of System Two Solutions Private Limited
System Two Solutions Private Limited is audited by KHAKHARIA&ASOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| KHAKHARIA&ASOCIATES | 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 System Two Solutions Private Limited
System Two Solutions has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ankur Kant Singhal | Additional Director | 19 Jun 2022 | 4 Years 3 Months | Current |
| Manish Agarwal Also directs: Narmada Resources LLP, Earthmet Resources Private Limited | Director | 04 Sep 2015 | 11 Years 1 Months | Current |
| Rahul Agrawal Also directs: Hira Realinfra LLP, Hira Devbhoomi LLP, Naga Coal Mines (India) Private Limited and 5 more | Director | 04 Sep 2015 | 11 Years 1 Months | Current |
| Vinay Kumar Agrawal | Director | 12 Aug 2016 | 10 Years 1 Months | Current |
Ownership and Shareholding of System Two Solutions 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 System Two Solutions Private Limited
System Two Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with System Two Solutions Private Limited
System Two Solutions operates one associated brand: Health Potli. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Operates an online portal for healthcare and diagnostics services. | healthpotli.com |
Employees and EPFO Compliance at System Two Solutions Private Limited
Employment history and EPFO contributions of people linked to System Two Solutions.
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 System Two Solutions Private Limited
System Two Solutions Private Limited has 7 board changes on record since 2015: 4 appointments and 3 cessations. The latest: Ankur Kant Singhal was appointed as Additional Director on 19 Jun 2022.
Credit Ratings, Litigation & Regulatory Alerts for System Two Solutions 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.
MSME Payment Delays by System Two Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of System Two Solutions 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 System Two Solutions Private Limited
System Two Solutions has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AAWCS1689J1ZO | Chattisgarh | Active | 01 Jul 2017 |
| 27AAWCS1689J1ZE | Maharashtra | Active | 04 Dec 2018 |
| 21AAWCS1689J1ZQ | Odisha | Active | 04 Nov 2022 |
| 23AAWCS1689J1ZM | Madhya Pradesh | Active | 09 Nov 2022 |
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 System Two Solutions 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 System Two Solutions Private Limited
System Two Solutions is an active private limited company based in Raipur, Chattisgarh, India. The company works in retailers, within the trading industry. It was incorporated on 04 September 2015 (11+ years old) and is registered under CIN U72200CT2015PTC001871.
System Two Solutions reported revenue of ₹13.39 Lakh for FY 2025 (down 12% YoY).
System Two Solutions has 4 current directors:
- Ankur Kant Singhal - Additional Director
- Manish Agarwal - Director
- Rahul Agrawal - Director
- Vinay Kumar Agrawal - Director
System Two Solutions reported a net loss of ₹13.44 Cr and EBITDA of -₹12.81 Cr for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of System Two Solutions is -78% over three years and -57% over five years. In the latest year (FY 2025) revenue fell 12%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of System Two Solutions is 22AAWCS1689J1ZO, registered in Chattisgarh. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAWCS1689J1ZE (Maharashtra), 21AAWCS1689J1ZQ (Odisha), 23AAWCS1689J1ZM (Madhya Pradesh).
The CIN (Corporate Identification Number) of System Two Solutions is U72200CT2015PTC001871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
System Two Solutions was incorporated on 04 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of System Two Solutions by revenue are Care Catalyst Equipments Private Limited, Panakeia Medisys Private Limited, Swatee Health Solutions (OPC) Private Limited, Caliczbee Solutions Private Limited, Candor Specialties Private Limited and 5 more, all in the Ecommerce and Internet industry (Healthcare Products).
Ankur Kant Singhal was appointed as Additional Director on 19 Jun 2022. Niket Khandelwal ceased to be Director on 19 Jun 2022. Vinay Kumar Agrawal ceased to be Additional Director on 30 Sep 2016. System Two Solutions has 7 board changes on record in total.
Yes, System Two Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).