Changepond Technologies Private Limited

IT company providing system migration, application development, and management services to various industries.

2000 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated:

Changepond Technologies Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 3.99 Cr
  • Company Age 24 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 27.73 Cr
  • Satisfied Charges ₹ 60.41 Cr
  • Revenue Growth 9.31%
  • Profit Growth -9.30%
  • Ebitda -21.31%
  • Net Worth 23.01%
  • Total Assets 27.19%

About Changepond Technologies

Changepond Technologies Private Limited (CTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 May 2000 and has a history of 24 years and ten months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 6.00 Cr and a paid-up capital of Rs 3.99 Cr.

The company currently has active open charges totaling ₹27.73 Cr. The company has closed loans amounting to ₹60.41 Cr, as per Ministry of Corporate Affairs (MCA) records.

Subramanian Ramachandran, Govinda Narayanan, Ramkumar Ramachandran, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TN2000PTC044948

  • Company No.

    044948

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 May 2000

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology
Company report

Changepond Technologies Private Limited

Explore comprehensive data for Changepond Technologies Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Changepond Technologies?

Board Members (5)

NameDesignationAppointment DateStatus
Ramkumar Ramachandran Country flag representing In Director 15-May-2000Current
Subramanian Ramachandran Country flag representing In Director 05-Jun-2000Current
Govinda Narayanan Country flag representing In Director 15-May-2000Current
Subramanian Siddharth Country flag representing In Whole-Time Director 20-Aug-2010Current
Jayalakshmi Ramachandran Country flag representing In Director 01-Nov-2019Current

Financial Performance of Changepond Technologies.

Changepond Technologies Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 9.31% increase. The company also saw a slight decrease in profitability, with a 9.3% decrease in profit. The company's net worth Soared by an impressive increase of 23.01%.

Changepond Technologies revenue growth over time
Changepond Technologies profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
9.31%
Revenue from Operations
6.99%
Total Assets
27.19%
Profit or Loss
-9.30%
Net Worth
23.01%
EBITDA
-21.31%

What is the Ownership and Shareholding Structure of Changepond Technologies?

In 2021, Changepond Technologies had a promoter holding of 90.26% and a public holding of 9.74%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.73 Cr

Satisfied Charges

₹60.41 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 24.00 Cr
  • Others : 3.73 Cr

Latest Charge Details

DateLenderAmountStatus
23 Sep 2024Others₹3.50 CrOpen
16 Sep 2022Others₹2.30 MOpen
16 Dec 2014Axis Bank Limited₹24.00 CrOpen
16 Sep 2022Others₹0.53 MSatisfied
16 Sep 2022Others₹0.55 MSatisfied

How Many Employees Work at Changepond Technologies?

Changepond Technologies has a workforce of 723 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Changepond Technologies Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Changepond Technologies, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Changepond Technologies's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Changepond Technologies

Recent activity within the organization

  • Annual General Meeting

    Changepond Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others amounted to Rs. 3.50 Cr with Charge ID 100982718 was registered on 23 Sep 2024.

  • Balance Sheet

    Changepond Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Charges

    A charge with Axis Bank Limited of Rs. 24.00 Cr registered on 16 Dec 2014 with Charge ID 10540135 was modified on 23 Jan 2024.

  • Charges

    A charge registered on 16 Sep 2022 via Charge ID 100608965 with Others was fully satisfied on 27 Sep 2023.

  • Charges

    A charge registered on 16 Sep 2022 via Charge ID 100609343 with Others was fully satisfied on 27 Sep 2023.

Recent News, Updates & Announcement

  • Changepond Technologies news update on market trends
    Changepond Technologies Partners with SkillSet Consulting to Enhance European Services.

    Changepond Technologies, based in India, provides technology consulting and software services. They have a strong presence in the global market and are partnering with SkillSet Consulting to improve their services in Europe. This partnership will help them meet the high standards of European customers. SkillSet Consulting specializes in BPI and BPM and will help Changepond Technologies deliver high-quality and cost-effective services in Europe..

    Newswire

Frequently asked questions

  • What is the Incorporation or founding date of Changepond Technologies Private Limited?

    Changepond Technologies Private Limited was incorporated on 15 May 2000.

  • What is authorized share capital and paid-up capital of Changepond Technologies Private Limited?

    The authorized share capital of Changepond Technologies Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 3.99 Cr.

  • Who are the current board members & directors of Changepond Technologies Private Limited?

    Currently 5 directors are associated with Changepond Technologies Private Limited.

    • Subramanian Ramachandran
    • Govinda Rao Narayanan
    • Ramkumar Ramachandran
    • Subramanian Siddharth
    • Jayalakshmi Ramachandran

  • What is the registered address of Changepond Technologies Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Changepond Technologies Private Limited is H-2 Sipcot It Park Old Mahabalipuram Road, Siruseri India, Chennai, Tamil Nadu, 603103.

  • What is the corporate identification number (CIN) and company number of Changepond Technologies Private Limited?

    The corporate identification number (CIN) of Changepond Technologies Private Limited is U72200TN2000PTC044948 and the company number is 044948 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Changepond Technologies Private Limited?

    The Official website of Changepond Technologies Private Limited is https://www.changepond.com

  • What has been the recent revenue trend for Changepond Technologies Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Changepond Technologies Private Limited has risen by 9.31%.

  • How many employees does Changepond Technologies Private Limited currently have?

    As Per 2022 financial reports, 723 employees are currently employed by Changepond Technologies Private Limited.

  • What change has been observed in the net worth of Changepond Technologies Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Changepond Technologies Private Limited has experienced an upsurge of 23.01%.

  • What are the total open charges for Changepond Technologies Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Changepond Technologies Private Limited amount to ₹ 27.73 Cr.

  • When was the last Balance Sheet of Changepond Technologies Private Limited filed with the ROC?

    The most recent Balance Sheet for Changepond Technologies Private Limited was filed with the ROC on 31 Mar 2024.

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