About Ulysses Systems (India) Private Limited
Data last updated:
Ulysses Systems (India) Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 11 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2004PTC144468. Its GSTIN is 27AAACU6789R1Z7 (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Georgios Spyrou and Panteleimon Pantelis.
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 227 – 228 Chintamani Plaza Andheri Kurla Road, Mumbai, Maharashtra, India – 400099.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.08 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹15.61 Lakh (net margin 3.8%) and EBITDA of ₹32.02 Lakh (EBITDA margin 7.9%). Revenue has grown at a compounded annual rate (CAGR) of 7% over three years and 3% over five years.
The company has about 42 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ulysses Systems.
The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website ulysses-systems.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address227 – 228 Chintamani Plaza Andheri Kurla Road, Mumbai, Maharashtra, India – 400099
- IndustryInformation Technology, Application Development & Software Solutions
- 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
Associated Brands with Ulysses Systems (India) Private Limited
Ulysses Systems (India) operates one associated brand: Ulysses Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Ship management software solutions are provided for the maritime industry. | ulysses-systems.com |
Business Activity of Ulysses Systems (India) Private Limited
The main business activity of Ulysses Systems (India) is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | 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 Ulysses Systems (India) Private Limited FY 2025 filings available
Ulysses Systems (India) Private Limited reported revenue of ₹4.08 Cr (up 24% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Ulysses Systems (India) Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 24% growth in the latest year. EBITDA rose 11% 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 Ulysses Systems (India) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹32.02 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹15.61 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 of Ulysses Systems (India) Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.8% | •••• | •••• | •••• | •••• |
| 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 Ulysses Systems (India) are in the company report.
Financial statements from 2015
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.
Board of Directors of Ulysses Systems (India) Private Limited
Ulysses Systems (India) has 4 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Georgios Spyrou | Director | 21 Jul 2004 | 22 Years 2 Months | Current |
| Panteleimon Pantelis | Director | 11 Feb 2004 | 22 Years 8 Months | Current |
| Ariadne Thalassi | Director | 11 Feb 2004 | 22 Years 8 Months | Current |
| Abhijit Prabhudesai Gajanan | Additional Director | 06 Jun 2018 | 8 Years 4 Months | Current |
Peer Comparison of Ulysses Systems (India) Private Limited
Ulysses Systems (India) Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Appstek Solutions Private Limited | ₹4.09 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Hyderabad, Telangana, India |
| Lets Enkindle Softserv Private Limited | ₹4.09 Cr (FY 2025) | •••• | •••• | -28.0% | •••• | Ahmedabad, Gujarat, India |
| Syena Infosoft Private Limited | ₹4.09 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Seri Lingampally Madhapur, Telangana, India |
| Pixeltek Gaming Solutions Private Limited | ₹4.08 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Mumbai, Maharashtra, India |
| Toadfly Technical Services Private Limited | ₹4.08 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| Ulysses Systems (India) Private Limited this company | ₹4.08 Cr (FY 2024) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Openobserve Software India Private Limited | ₹4.07 Cr (FY 2025) | •••• | •••• | 669.0% | •••• | Pune, Maharashtra, India |
| Nature Technologies Private Limited | ₹4.07 Cr (FY 2025) | •••• | •••• | -22.0% | •••• | Kolkata, West Bengal, India |
| Naethra Technologies Private Limited | ₹4.07 Cr (FY 2024) | •••• | •••• | 16.0% | •••• | Chennai, Tamil Nadu, India |
| Edgebricks India Private Limited | ₹4.07 Cr (FY 2024) | •••• | •••• | 63.0% | •••• | Bangalore, Karnataka, India |
| Intelliworkz Business Solutions Private Limited | ₹4.07 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Ahmedabad, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Ulysses Systems (India) by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Ulysses Systems (India) Private Limited
Ulysses Systems (India) Private Limited is audited by TODARWAL & TODARWAL LLP for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| TODARWAL & TODARWAL LLP | 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.
Ownership and Shareholding of Ulysses Systems (India) 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 Ulysses Systems (India) Private Limited
Ulysses Systems (India) Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Ulysses Systems (India) Private Limited
Ulysses Systems (India) Private Limited has a workforce of 42 employees as of Apr 01, 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.
Recent Activity on Ulysses Systems (India) Private Limited
Ulysses Systems (India) Private Limited has 8 board changes on record since 2004: 4 appointments and 4 cessations. The latest: Prashant Sharma ceased to be Additional Director on 17 Jan 2019.
Credit Ratings, Litigation & Regulatory Alerts for Ulysses Systems (India) 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 Ulysses Systems (India) 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 Ulysses Systems (India) 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 Ulysses Systems (India) Private Limited
Ulysses Systems (India) has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACU6789R1Z7 | Maharashtra | Active | 01 Jul 2017 |
| 27AAAFT6047N1ZR | Maharashtra | Active | 01 Jul 2017 |
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 Ulysses Systems (India) 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.
Related news about Ulysses Systems (India) Private Limited
Frequently Asked Questions about Ulysses Systems (India) Private Limited
Ulysses Systems (India) is an active private limited company based in Mumbai, Maharashtra, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 11 February 2004 (22+ years old) and is registered under CIN U72200MH2004PTC144468.
Ulysses Systems (India) reported revenue of ₹4.08 Cr for FY 2024 (up 24% YoY).
Ulysses Systems (India) has 4 current directors:
- Georgios Spyrou - Director
- Panteleimon Pantelis - Director
- Ariadne Thalassi - Director
- Abhijit Prabhudesai Gajanan - Additional Director
Ulysses Systems (India) reported a net profit of ₹15.61 Lakh (net margin 3.8%) and EBITDA of ₹32.02 Lakh (EBITDA margin 7.9%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Ulysses Systems (India) is 7% over three years and 3% over five years. In the latest year (FY 2024) revenue rose 24%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Ulysses Systems (India) is 27AAACU6789R1Z7, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAAFT6047N1ZR (Maharashtra).
The CIN (Corporate Identification Number) of Ulysses Systems (India) is U72200MH2004PTC144468. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ulysses Systems (India) was incorporated on 11 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Ulysses Systems (India) by revenue are Appstek Solutions Private Limited, Lets Enkindle Softserv Private Limited, Syena Infosoft Private Limited, Pixeltek Gaming Solutions Private Limited, Toadfly Technical Services Private Limited and 5 more, all in the Information Technology industry (Application Development).
Prashant Sharma ceased to be Additional Director on 17 Jan 2019. Abhijit Prabhudesai Gajanan was appointed as Additional Director on 06 Jun 2018. Balasubramanian ceased to be Director on 01 May 2018. Ulysses Systems (India) has 8 board changes on record in total.
Ulysses Systems (India) can be reached through the website ulysses-systems.com. Its registered office is in Mumbai, Maharashtra, India.