
About Vierow Systems Private Limited
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Vierow Systems Private Limited is a private limited company based in Kozhikode, Kerala, India, recognised as a startup by DPIIT. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 29 November 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2018PTC055721.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Pramod Kumar Variyath and Dhanya Pramod Kumar.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 675/2015 D3 1st Floor Azil Complex Beach Road, Kozhikode, Kerala, India – 673032.
As per the financials filed for FY 2022, the company reported a revenue of ₹4.3 Lakh, a growth of 65% compared to the previous year. For the same year it recorded a net profit of ₹21,359 (net margin 5%) and EBITDA of ₹21,359 (EBITDA margin 5%).
The company is associated with 1 brand: Vierow Systems. As per MCA filings, the company has open charges of ₹25.97 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it.
Vierow Systems Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KL-08-0000465). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website vierowsystems.com.
Company details
Recognitions & Rankings of Vierow Systems
- Category
- Micro (2022-23)
- Udyam number
- UDYAM-KL-08-0000465
Contact details
Vierow Systems Private Limited's registered office is in Kozhikode, Kerala. Its website is vierowsystems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address675/2015 D3 1st Floor Azil Complex Beach Road, Kozhikode, Kerala, India – 673032
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Vierow Systems Private 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
Brands
Vierow Systems operates one associated brand: Vierow Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Delivers hardware and software solutions to enhance business operations worldwide. | vierowsystems.com |
Business activity
The main business activity of Vierow Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Vierow Systems Private Limited, buy the company report.
Financials of Vierow Systems Private Limited
FY 2022 filings availableVierow Systems Private Limited reported revenue of ₹4.3 Lakh (up 65% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue rose 65% in the latest year. EBITDA rose 109% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹4.3 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹21,359 | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹21,359 | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
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| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 5% | |||
| Net Profit Margin | 5% | |||
| 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 Vierow Systems Private Limited, buy the company report.
Board of directors of Vierow Systems Private Limited
Vierow Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pramod Kumar Variyath | Director | 29 Nov 2018 | 7 Years 10 Months | Current |
| Dhanya Pramod Kumar | Director | 29 Nov 2018 | 7 Years 10 Months | Current |
Peer comparison
Vierow Systems Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (IT Consulting and Services, Machinery and Equipment Retail and Distribution), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Staci Solutions Private Limited | ₹4.32 Lakh (FY 2024) | -2.0% | Bangalore, Karnataka, India | |||
| Quality Software Quality Systems Private Limited | ₹4.31 Lakh (FY 2019) | 17.0% | Bangalore, Karnataka, India | |||
| Vierow Systems Private Limitedthis company | ₹4.3 Lakh (FY 2022) | ₹21,359 | 5% | 65.0% | Kozhikode, Kerala, India | |
| Parinithi Tech (OPC) Private Limited | ₹4.28 Lakh (FY 2024) | -93.0% | Bangalore, Karnataka, India | |||
| Aimplify Technologies Private Limited | ₹4.26 Lakh (FY 2024) | Bangalore, Karnataka, India |
To see the full peer comparison of Vierow Systems Private Limited, buy the company report.
Auditor
Vierow Systems Private Limited is audited by ALAN JOHN SAJI & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ALAN JOHN SAJI & CO | FY 2022 | 022345S |
Shareholding
The shareholding of Vierow Systems Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Vierow Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jun 2021 | 100479930 | Others | ₹25.97 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Vierow Systems Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (1 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal miscellaneous application | Filed against the company by Idfc First Bank Ltd | Disposed |
To see the full case history of Vierow Systems Private 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 Vierow Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Vierow Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Vierow Systems Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Dhanya Pramod Kumar was appointed as Director on 29 Nov 2018.
Frequently asked questions
Vierow Systems is an active private limited company based in Kozhikode, Kerala, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 29 November 2018 (8+ years old) and is registered under CIN U72900KL2018PTC055721.
Vierow Systems has 2 current directors:
- Pramod Kumar Variyath - Director
- Dhanya Pramod Kumar - Director
The latest financial statements of Vierow Systems on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Vierow Systems is U72900KL2018PTC055721. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Vierow Systems has 2 court cases on record: 2 filed against it.
Vierow Systems was incorporated on 29 November 2018, making it 8+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Vierow Systems by revenue are Staci Solutions Private Limited, Quality Software Quality Systems Private Limited, Parinithi Tech (OPC) Private Limited, Aimplify Technologies Private Limited, all in the Machinery and Equipment industry (IT Consulting and Services, Machinery and Equipment Retail and Distribution), with the same principal business activity (computer programming, consultancy and related activities).
Dhanya Pramod Kumar was appointed as Director on 29 Nov 2018. Pramod Kumar Variyath was appointed as Director on 29 Nov 2018.
Yes, Vierow Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Vierow Systems is registered as a micro enterprise under Udyam registration (number: UDYAM-KL-08-0000465).
Vierow Systems can be reached through the website vierowsystems.com. Its registered office is in Kozhikode, Kerala, India.