Techware Systems Private Limited - Company Profile

It is a aerospace, maritime and defense private limited company based in Chennai, Tamil Nadu, India, established in 2011.
2011 Chennai, Tamil Nadu, India Active
Last Updated:
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About Techware Systems Private Limited

Techware Systems Private Limited, a active private limited company, was established on 03 November 2011 in Chennai, Tamil Nadu, India. Engaging in defence tech & equipment within the manufacturing sector, it holds CIN: U32300TN2011PTC082981. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹4.81 Cr and a paid-up capital of ₹2.73 Cr.

Formerly known as Lab Electronics Private Limited. It upholds a compliant status. Its leadership includes Venkatasrinath Kuruganti (Director), Udayashankar Kuruganti (Director), Vijayashree (Director). Past directors included Visweswar Prasad Maganty, Jandhyala Venkataramana. It holds ₹4.06 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Old-27,New-5,2Nd Floor 10Th Avenue,Ashok Nagar, Chennai, Tamil Nadu, 600083.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U32300TN2011PTC082981

  • Registration Number

    082981

  • Incorporation Date

    03 November 2011

  • Authorized Capital

    ₹4.81 Cr

  • Paid-Up Capital

    ₹2.73 Cr

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 4.81 Cr
  • Paid Up Capital ₹ 2.73 Cr
  • Company Age 14 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.06 Cr
  • Revenue Growth **** 11.40%
  • Profit Growth **** -66.39%
  • Ebitda **** -415.40%
  • Net Worth 202.06%
  • Total Assets **** 16.23%
Company report

Techware Systems Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Techware Systems Private 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 Techware Systems Private Limited?
Current Directors
Name Designation Appointment Date Status
Venkatasrinath Kuruganti Director 16 Oct 2014 Current
Udayashankar Kuruganti Director 03 Nov 2011 Current
Vijayashree Director 03 Nov 2011 Current
Visweswar Prasad Maganty Director 29 Dec 2022 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2023 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past

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Financial Performance of Techware Systems.

Techware Systems Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.4% increase. The company also saw a substantial fall in profitability, with a 66.39% decrease in profit. The company's net worth Soared by an impressive increase of 202.06%.

Techware Systems revenue growth over time
Techware Systems 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
********
 11.40%
*******
*******
*******
*******
Revenue from Operations
*******
 -41.72%
*******
*******
*******
*******
Total Assets
*******
 16.23%
*******
*******
*******
*******
Profit or Loss
*******
 -66.39%
*******
*******
*******
*******
Net Worth
*******
 202.06%
*******
*******
*******
*******
EBITDA
*******
 -415.40%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Techware Systems?

In 2023, Techware Systems had a public holding of 34.25%. 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

₹40,557,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • Indian Bank : 4.06 Cr
Latest Charge Details
Date Lender Amount Status
06 Nov 2024 Indian Bank ₹1.00 Cr Open
24 May 2023 Indian Bank ₹7.50 M Open
27 Feb 2023 Indian Bank ₹4.69 M Open
27 Nov 2015 Indian Bank ₹1.84 Cr Open

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How Many Employees Work at Techware Systems?

Unlock and access historical data on people associated with Techware Systems, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Techware Systems, 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 Techware Systems'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 Techware Systems
Recent Activity within the Organization
  • Charges

    A charge with Indian Bank amounted to Rs. 1.00 Cr with Charge ID 101011662 was registered on 06 Nov 2024. was recorded as a recent event.

  • Annual General Meeting

    The activity Techware Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Techware Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai. was recorded as a recent event.

  • Charges

    A charge with Indian Bank amounted to Rs. 0.75 Cr with Charge ID 100724115 was registered on 24 May 2023. was recorded as a recent event.

  • Charges

    A charge with Indian Bank of Rs. 1.84 Cr registered on 27 Nov 2015 with Charge ID 10624208 was modified on 28 Feb 2023. was recorded as a recent event.

  • Charges

    A charge with Indian Bank amounted to Rs. 0.47 Cr with Charge ID 100685084 was registered on 27 Feb 2023. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Techware Systems Private Limited?

The CIN of Techware Systems Private Limited is U32300TN2011PTC082981.

Where is Techware Systems Private Limited headquartered?

Techware Systems Private Limited is headquartered at Old-27,New-5,2Nd Floor 10Th Avenue,Ashok Nagar, Chennai, Tamil Nadu, 600083.

When was Techware Systems Private Limited incorporated?

Techware Systems Private Limited was incorporated on 03 November 2011.

Who are the current directors of Techware Systems Private Limited?

The current directors of Techware Systems Private Limited are

What is the primary industry of Techware Systems Private Limited?

The primary industry of Techware Systems Private Limited is Manufacturing.

Is Techware Systems Private Limited a listed company?

Techware Systems Private Limited is unlisted.

What is the capital structure of Techware Systems Private Limited?

The authorized capital of Techware Systems Private Limited is ₹4.81 Cr, and the paid-up capital is ₹2.73 Cr.

What is the compliance status of Techware Systems Private Limited?

The compliance status of Techware Systems Private Limited is Compliant.

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