About Topsgrup Electronic Systems Limited
Data last updated:
Topsgrup Electronic Systems Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Topsgrup Services And Solutions Limited. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the electronic components and equipment manufacturing segment of the technology and IT services sector. It was incorporated on 26 September 1995.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U32109MH1995PLC093075. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.33 Cr. It was formerly known as Tops Sequipments Limited and Tops Electronic Systems Limited. It was led by directors including Omkar Gurunath Maldikar and Ramesh Ramakrishnan Iyer.
Its last annual general meeting (AGM) was held on 29 December 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at 5 Royal Palms Golf & Country Club Aarey Milk Colony Goregaon (E), Mumbai, Maharashtra, India – 400065.
As per the financials filed for FY 2017, the company reported a revenue of ₹50.92 Lakh, a decline of 3% compared to the previous year. For the same year it recorded a net loss of ₹91.46 Lakh (net margin -179.6%) and EBITDA of -₹91.46 Lakh (EBITDA margin -179.6%).
Court records list 1 case involving the company, including 1 filed against it.
The last known website on record is topsgrup.com.
Company details
Name history
Topsgrup Electronic Systems has undergone 2 name changes throughout its history. The company was previously known as Tops Sequipments Limited, and Tops Electronic Systems Limited. The current legal name is Topsgrup Electronic Systems Limited.
| Company Name | Status |
|---|---|
| Topsgrup Electronic Systems Limited | Current |
| Tops Sequipments Limited | Previous |
| Tops Electronic Systems Limited | Previous |
CIN history
Topsgrup Electronic Systems has one previous CIN (Corporate Identification Number): U32109MH2005PLC093075. The current CIN is U32109MH1995PLC093075, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U32109MH1995PLC093075 | Current |
| U32109MH2005PLC093075 | Previous |
Contact details
Topsgrup Electronic Systems Limited's registered office is in Mumbai, Maharashtra. Its website is topsgrup.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered Address5 Royal Palms Golf & Country Club Aarey Milk Colony Goregaon (E), Mumbai, Maharashtra, India – 400065
- IndustryInformation Technology, Electronic Components & Equipment Manufacturing
To see the full contact details of Topsgrup Electronic Systems Limited, buy the company report.
- 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
Financials of Topsgrup Electronic Systems Limited
FY 2017 filings availableTopsgrup Electronic Systems Limited reported revenue of ₹50.92 Lakh (down 3% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year. EBITDA rose 99% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹50.92 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹91.46 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | -₹91.46 Lakh | ||
| 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
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -179.6% | ||
| Net Profit Margin | -179.6% | ||
| 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 | |||
To see the full financial statements and ratios of Topsgrup Electronic Systems Limited, buy the company report.
Board of directors of Topsgrup Electronic Systems Limited
Topsgrup Electronic Systems has 3 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sadanand Laxman Shetty | Additional Director | 14 Jun 2018 | 8 Years 4 Months | As last reported |
| Omkar Gurunath Maldikar | Director | 25 May 2017 | 9 Years 5 Months | As last reported |
| Ramesh Ramakrishnan Iyer Also directs: Supportnest Solution Private Limited | Director | 03 Sep 2009 | 17 Years 2 Months | As last reported |
Peer comparison
Topsgrup Electronic Systems Limited is compared with the 10 companies closest to it by revenue in the Information Technology industry (Electronic Equipment and Components Manufacturing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shri Kumaran Graphic Machinery Private Limited | ₹52.33 Lakh (FY 2021) | -32.0% | Bangalore, Karnataka, India | |||
| Tescom Private Limited | ₹52.14 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Vintron Convergys Limited | ₹51.71 Lakh (FY 2025) | 0.0% | Jungpura, Delhi, India | |||
| JVG Technology Private Limited | ₹51.64 Lakh (FY 2024) | -99.0% | Delhi, India | |||
| Aroscai Technologies Private Limited | ₹51.22 Lakh (FY 2025) | -6.0% | Berhampur, Odisha, India | |||
| Topsgrup Electronic Systems Limitedthis company | ₹50.92 Lakh (FY 2017) | -₹91.46 Lakh | -179.6% | -3.0% | Mumbai, Maharashtra, India | |
| Shri Raju Realty Private Limited | ₹50.89 Lakh (FY 2024) | 34.0% | Chennai, Tamil Nadu, India | |||
| Aviorone Technologies Private Limited | ₹50.85 Lakh (FY 2022) | 198.0% | Raipur, Chhattisgarh, India | |||
| Futurealles Global Private Limited | ₹50.77 Lakh (FY 2025) | -28.0% | Pune, Maharashtra, India | |||
| Techsparsha Consulting Private Limited | ₹50.73 Lakh (FY 2024) | 182.0% | Dharwad, Karnataka, India | |||
| Ebyts Motion Private Limited | ₹50.71 Lakh (FY 2024) | 93.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of Topsgrup Electronic Systems Limited, buy the company report.
Auditor
Topsgrup Electronic Systems Limited is audited by S G C O & CO LLP for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G C O & CO LLP | FY 2017 | 112081W |
Shareholding
The shareholding of Topsgrup Electronic Systems Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Topsgrup Electronic Systems Limited, buy the company report.
Legal cases
Topsgrup Electronic Systems Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Insolvency matter | Filed against the company by Iq Eq Management (Netherlands) B.V. | Disposed |
To see the full case history of Topsgrup Electronic Systems Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Topsgrup Electronic Systems Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Topsgrup Electronic Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Topsgrup Electronic Systems Limited, buy the company report.
Recent activity
Topsgrup Electronic Systems Limited has 11 board changes on record since 2008: 3 appointments and 8 cessations. The latest: Rahul Randhir Nanda ceased to be Director on 14 Jun 2018.
2 earlier events are in the company report.
Frequently asked questions
Topsgrup Electronic Systems has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Topsgrup Electronic Systems was a public limited company based in Mumbai, Maharashtra, India. The company worked in electronic components and equipment manufacturing, within the information technology industry. It was incorporated on 26 September 1995 and is registered under CIN U32109MH1995PLC093075. The company has been struck off by the Registrar of Companies and is no longer operational.
Topsgrup Electronic Systems had 3 directors:
- Sadanand Laxman Shetty - Additional Director
- Omkar Gurunath Maldikar - Director
- Ramesh Ramakrishnan Iyer - Director
The CIN (Corporate Identification Number) of Topsgrup Electronic Systems is U32109MH1995PLC093075. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Topsgrup Electronic Systems is at 5 Royal Palms Golf & Country Club Aarey Milk Colony Goregaon E, Mumbai, Maharashtra, India – 400065.
Topsgrup Electronic Systems was incorporated on 26 September 1995. It is registered with the Registrar of Companies, Mumbai.
Topsgrup Electronic Systems can be reached through the website topsgrup.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Topsgrup Electronic Systems on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 December 2017. Year-wise statements from 2015 are in the company report.
No. Topsgrup Electronic Systems has 1 GST registration on record and it is cancelled or inactive.
Topsgrup Electronic Systems operated in the information technology industry, in the electronic components and equipment manufacturing segment. It worked in this industry before it was struck off.
The peers of Topsgrup Electronic Systems by revenue are Shri Kumaran Graphic Machinery Private Limited, Tescom Private Limited, Vintron Convergys Limited, JVG Technology Private Limited, Aroscai Technologies Private Limited and 5 more, all in the Information Technology industry (Electronic Equipment and Components Manufacturing).
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