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Yottec Systems LLP - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
Revenue · FY 2023
₹14.16 Cr
▲ 6% YoY
Net profit · FY 2023
₹67.56 Lakh
Net margin 4.8%
EBITDA · FY 2023
₹2.15 Cr
EBITDA margin 15.2%
Contribution obligation
₹1 Lakh
As per LLP agreement
Open charges
₹10.27 Cr
Satisfied ₹12.54 Cr
LLP age
7 yrs
Est. 2019
Employees · EPFO
80
Provident fund records
Designated partners
2
As per MCA filings
About Yottec Systems LLP
Data last updated:
Yottec Systems LLP was a limited liability partnership (LLP) based in Bangalore, Karnataka, India. The LLP has been converted into a company and no longer exists as an LLP. For the latest details, refer to the successor company. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 July 2019.
The LLP was registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAQ-0567. Its GSTIN is 29AACFY4338F1ZZ (Karnataka).
The LLP had a total obligation of contribution of ₹1 Lakh. It was led by designated partners Siddharth Bimal Jain and Bimalkumar Chandmal Jain.
Its latest statement of accounts is for the year ended 31 March 2024. The registered office was at Bangalore, Karnataka.
As per the financials filed for FY 2023, the LLP reported a revenue of ₹14.16 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹67.56 Lakh (net margin 4.8%) and EBITDA of ₹2.15 Cr (EBITDA margin 15.2%). Revenue has grown at a compounded annual rate (CAGR) of 57% over three years.
The LLP has about 80 employees on its provident fund (EPFO) records.
As per MCA filings, the LLP has open charges of ₹10.27 Cr and satisfied charges of ₹12.54 Cr on record.
The last known website on record is yottec.com.
Company details
LLPIN AAQ-0567
Incorporation Date 25 July 2019
Total Obligation of Contribution ₹1 Lakh
ROC Bangalore
Company Status Converted and Dissolved
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Yottec Systems
Contact details
Yottec Systems LLP's registered office is in Bangalore, Karnataka. Its website is yottec.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address#114/C 6th Main Road Tumkur Main Road Yeshwanthpur Industrialsuburb 2nd Stage Opp Peenya Me, Trostation, Bangalore, Karnataka, India – 560022
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Yottec Systems LLP, buy the company report.
Comprehensive company report
Yottec Systems LLP - one report that includes everything
- 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
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Financials of Yottec Systems LLP
FY 2024 filings availableYottec Systems LLP reported revenue of ₹14.16 Cr (up 6% YoY) for FY 2023.
Revenue · FY 2023
₹14.16 Cr ▲ 6%
Net profit · FY 2023
₹67.56 Lakh margin 4.8%
EBITDA · FY 2023
₹2.15 Cr margin 15.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 57%
EBITDA CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 324%
Revenue has grown at a compounded annual rate (CAGR) of 57% over three years, including 6% growth in the latest year. EBITDA rose 43% 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Income and Expenditure | ||||
| Turnover | ||||
| Other Income | ||||
| Total Income | ||||
| Purchases and Direct Costs | ||||
| Personnel Expenses | ||||
| Administrative Expenses | ||||
| Interest | ||||
| Depreciation | ||||
| Total Expenses | ||||
| Profit Before Tax | ||||
| Tax | ||||
| Profit After Tax | ₹67.56 Lakh | |||
| 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
| Statement of Account and Solvency | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| Net Profit Margin | 4.8% | |||
| 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 | ||||
To see the full financial statements and ratios of Yottec Systems LLP, buy the company report.
Designated partners of Yottec Systems LLP
Yottec Systems has 2 designated partners on record. No former designated partners are listed.
Designated Partners (as last reported)
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth Bimal Jain Also directs: Yottec Systems Private Limited, Practical Panda LLP | Designated Partner | 25 Jul 2019 | 7 Years 3 Months | As last reported |
| Bimalkumar Chandmal Jain | Designated Partner | 25 Jul 2019 | 7 Years 3 Months | As last reported |
Charges & borrowings
Open charges
₹10.27 Cr
Satisfied charges
₹12.54 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Oct 2023 | L-100814449 | Bank of Baroda | ₹10 Cr | Open | |
| 06 Apr 2023 | L-100737938 | Federal Bank Limited | ₹18 Lakh | Open | |
| 03 Jul 2020 | L-100346512 | Bank of Maharashtra | ₹9 Lakh | Open | |
| 19 Aug 2020 | L-100359269 | Bank of Maharashtra | ₹3.04 Cr | Satisfied | |
| 21 Jul 2020 | L-100352575 | Bank of Maharashtra | ₹50 Lakh | Satisfied |
To see the full charge records of Yottec Systems LLP, buy the company report.
Total charge records: 6 View all charges
Legal cases
No court or tribunal cases involving Yottec Systems LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Yottec Systems LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Yottec Systems LLP has a workforce of 80 employees on its EPFO records as of May 2026, across 2 active EPFO establishments.
Employee count
80
Active EPFO establishments
2
Employee growth
3.9%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 80 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 |
To see the full employee and EPFO history of Yottec Systems LLP, buy the company report.
GST
Yottec Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACFY4338F1ZZ | Karnataka | Active | 13 Sep 2019 |
To see the full GST registrations and return filing status of Yottec Systems LLP, buy the company report.
Recent activity
Yottec Systems LLP has 2 designated partner changes on record since 2019: 2 appointments. The latest: Bimalkumar Chandmal Jain was appointed as Designated Partner on 25 Jul 2019.
AGM
Yottec Systems Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Yottec Systems Llp has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge registered on 20 Nov 2019 via Charge ID 100310213 with Bank Of Maharashtra was fully satisfied on 03 Nov 2023.
Charges
A charge with Bank Of Baroda amounted to Rs. 1,000.00 Lakh with Charge ID 100814449 was registered on 04 Oct 2023.
Charges
A charge registered on 21 Jul 2020 via Charge ID 100352575 with Bank Of Maharashtra was fully satisfied on 07 Jun 2023.
Charges
A charge with Bank Of Maharashtra of Rs. 900.00 Lakh registered on 20 Nov 2019 with Charge ID 100310213 was modified on 23 May 2023.
Charges
A charge with Federal Bank Limited amounted to Rs. 18.00 Lakh with Charge ID 100737938 was registered on 06 Apr 2023.
Charges
A charge registered on 19 Aug 2020 via Charge ID 100359269 with Bank Of Maharashtra was fully satisfied on 25 Oct 2021.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 304.00 Lakh with Charge ID 100359269 was registered on 19 Aug 2020.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 50.00 Lakh with Charge ID 100352575 was registered on 21 Jul 2020.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 9.00 Lakh with Charge ID 100346512 was registered on 03 Jul 2020.
Charges
A charge with Bank Of Maharashtra amounted to Rs. 900.00 Lakh with Charge ID 100310213 was registered on 20 Nov 2019.
3 earlier events are in the company report.
Frequently asked questions
Yottec Systems has been converted into a company - the business changed its legal structure from a Limited Liability Partnership to a company. The LLP no longer exists in its previous form. For the latest information, refer to the successor company registered with MCA.
Yottec Systems was a limited liability partnership based in Bangalore, Karnataka, India. The LLP worked in IT consulting and support services, within the information technology industry. It was incorporated on 25 July 2019 and is registered under LLPIN AAQ-0567. For the latest details, refer to the successor company.
The LLPIN (Limited Liability Partnership Identification Number) of Yottec Systems is AAQ-0567. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Yottec Systems had 2 designated partners:
- Siddharth Bimal Jain - Designated Partner
- Bimalkumar Chandmal Jain - Designated Partner
Yottec Systems was incorporated on 25 July 2019. It is registered with the Registrar of Companies, Bangalore.
Yes, Yottec Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yottec Systems can be reached through the website yottec.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Yottec Systems is at #114C 6th Main Road Tumkur Main Road Yeshwanthpur Industrialsuburb 2nd Stage Opp Peenya Me, Trostation, Bangalore, Karnataka, India – 560022.
The latest financial statements of Yottec Systems on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Yottec Systems is 29AACFY4338F1ZZ, registered in Karnataka.
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