About Teqsys LLP
Data last updated:
Teqsys LLP is a limited liability partnership (LLP) based in Thane, Maharashtra, India, recognised as a startup by DPIIT. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 05 July 2019 and has been in existence for over 7 years.
The LLP is registered with the Registrar of Companies (ROC), Mumbai, under LLPIN AAP-8249.
The LLP has a total obligation of contribution of ₹1 Cr. It is led by designated partners Madhusudan Maharudra Bhor and Kasargod Jayarama.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office is at Thane, Maharashtra.
As per the financials filed for FY 2024, the LLP reported a revenue of ₹22.05 Cr, a decline of 35.52% compared to the previous year.
The LLP has about 50 employees on its provident fund (EPFO) records.
The LLP is associated with 1 brand: Teqsys. As per MCA filings, the LLP has open charges of ₹7.36 Cr and satisfied charges of ₹4.55 Cr on record.
For more details, the LLP can be reached via its website teqsys.in.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressF.7rd No.21, Wagale Estate, Thane, Maharashtra, India – 400604
- IndustryInformation Technology, IT Products Retail & Distribution
- 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
Competitors & Alternatives of Teqsys LLP
Brands and companies operating in the same space as Teqsys LLP include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Happiest Minds | IT outsourcing services are delivered across multiple business lines. | Bengaluru, India | 2011 |
 Mavenir | Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States | 2005 |
 1&1 IONOS | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States | 1988 |
 Datamatics | Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India | 1975 |
 Genpact | Provider of end-to-end business process outsourcing services | New York, United States | 1997 |
 NTT DATA | Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan | 1967 |
 Endava | Endava is engaged in digital transformation and AI-driven solutions. | London, United Kingdom | 2000 |
 Accenture | IT and management consultancy services are provided globally. | Dublin, Ireland | 1989 |
 UST | High-quality office furniture is provided by UST for various needs. | Taiwan | 1998 |
Designated Partners of Teqsys LLP
Teqsys has 2 current designated partners and 1 former designated partner. Current designated partners are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhusudan Maharudra Bhor Also directs: Vantageo Private Limited | Designated Partner | 28 Aug 2020 | 6 Years 1 Months | Current |
| Kasargod Jayarama Also directs: Vantageo Private Limited | Designated Partner | 05 Jul 2019 | 7 Years 3 Months | Current |
Financials of Teqsys LLP FY 2024 filings available
Teqsys LLP reported revenue of ₹22.05 Cr (down 35.52% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Teqsys LLP
Revenue fell 35.52% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Teqsys LLP
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Income | ₹22.05 Cr | •••• | •••• | •••• | •••• |
| Purchases and Direct Costs | •••• | •••• | •••• | •••• | •••• |
| Personnel Expenses | •••• | •••• | •••• | •••• | •••• |
| Administrative Expenses | •••• | •••• | •••• | •••• | •••• |
| Interest | •••• | •••• | •••• | •••• | •••• |
| Depreciation | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax | •••• | •••• | •••• | •••• | •••• |
| Profit After Tax | •••• | •••• | •••• | •••• | •••• |
| Profit Transferred to Partners | •••• | •••• | •••• | •••• | •••• |
| Assets and Liabilities | |||||
| Partners' Contribution | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Secured Loans | •••• | •••• | •••• | •••• | •••• |
| Unsecured Loans | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Other Liabilities and Provisions | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Loans and Advances | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Teqsys LLP
| Statement of Account and Solvency | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Return on Assets | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt to Partners' Funds | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Turnover Growth | •••• | •••• | •••• | •••• | •••• |
| 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 8. The full year-wise statements and ratios of Teqsys are in the company report.
Financial statements from FY 2020
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.
Ownership and Shareholding of Teqsys LLP
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 Teqsys LLP
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Dec 2022 | Icici Bank Limited | ₹7 Cr | Open |
| 18 Apr 2022 | Hdfc Bank Limited | ₹18.61 Lakh | Open |
| 18 Apr 2022 | Hdfc Bank Limited | ₹17.3 Lakh | Open |
| 12 Jan 2022 | Kotak Mahindra Bank Limited | ₹1.55 Cr | Satisfied |
| 13 Aug 2021 | State Bank of India | ₹3 Cr | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Teqsys LLP
Teqsys LLP has a workforce of 50 employees as of Mar 31, 2024.
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.
GST Compliance of Teqsys LLP
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.
Credit Ratings, Litigation & Regulatory Alerts for Teqsys LLP
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 Teqsys LLP
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 Teqsys LLP
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.
MCA Filings & Documents of Teqsys LLP
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.
Recent Activity on Teqsys LLP
Frequently Asked Questions about Teqsys LLP
Teqsys is an active limited liability partnership based in Thane, Maharashtra, India. The LLP works in IT products retail and distribution, within the information technology industry. It was incorporated on 05 July 2019 (7+ years old) and is registered under LLPIN AAP-8249.
Teqsys reported revenue of ₹22.05 Cr for FY 2024 (down 35.52% YoY).
Teqsys has 2 current designated partners:
- Madhusudan Maharudra Bhor - Designated Partner
- Kasargod Jayarama - Designated Partner
The LLPIN (Limited Liability Partnership Identification Number) of Teqsys is AAP-8249. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Teqsys was incorporated on 05 July 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
Yes, Teqsys is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Teqsys can be reached through the website teqsys.in. Its registered office is in Thane, Maharashtra, India.
The registered office of Teqsys is at F.7rd No.21, Wagale Estate, Thane, Maharashtra, India – 400604.
The total obligation of contribution is ₹1 Cr.