Ciftech Solutions Profile
Key Indicators
- Authorised Capital ₹ 3.50 M
- Paid Up Capital ₹ 3.46 M
- Company Age 26 Year, 10 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.80 M
- Satisfied Charges ₹ 2.16 M
- Revenue Growth 26.27%
- Profit Growth 148.93%
- Ebitda -51.90%
- Net Worth 7.31%
- Total Assets 5.10%
About Ciftech Solutions
Ciftech Solutions Private Limited (CSPL) is a Private Limited Indian Non-Government Company incorporated in India on 24 March 1999 and has a history of 26 years. Its registered office is in Bangaluru, Karnataka, 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 3.50 M and a paid-up capital of Rs 3.46 M.
The company currently has active open charges totaling ₹4.80 M. The company has closed loans amounting to ₹2.16 M, as per Ministry of Corporate Affairs (MCA) records.
Gonibeed Nagendra, Gonibeed Lakshminarayanarao, and Sridhar Andanappa serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72892KA1999PTC024954
- Company No.
024954
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Mar 1999
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
What products or services does Ciftech Solutions Private Limited offer?
Ciftech Solutions Private Limited offers a wide range of products and services, including Computer and Mobile Softwares & Apps, Healthcare Software, School Management Software, Laboratory Management Software, HR & Payroll Outsourcing Services, Third Party Payroll Service.
Who are the key members and board of directors at Ciftech Solutions?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gonibeed Nagendra  | Director | 24-Mar-1999 | Current |
| Gonibeed Lakshminarayanarao | Director | 03-Oct-2000 | Current |
| Sridhar Andanappa | Director | 11-Mar-2010 | Current |
Financial Performance of Ciftech Solutions.
Ciftech Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 26.27% increase. The company also saw a substantial improvement in profitability, with a 148.93% increase in profit. The company's net worth moved up by a moderate rise of 7.31%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ciftech Solutions?
In 2021, Ciftech Solutions had a promoter holding of 74.84% and a public holding of 25.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹4.80 M
Satisfied Charges
₹2.16 M
Charges Breakdown by Lending Institutions
- Syndicate Bank : 0.48 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Apr 2005 | Syndicate Bank | ₹4.80 M | Open |
| 31 Jan 2007 | Syndicate Bank | ₹2.16 M | Satisfied |
How Many Employees Work at Ciftech Solutions?
Unlock and access historical data on people associated with Ciftech Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Ciftech Solutions, 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 Ciftech Solutions's trajectory.
Rating
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
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 Ciftech Solutions
Recent activity within the organization
- Annual General Meeting
Ciftech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Ciftech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge registered on 31 Jan 2007 via Charge ID 10037536 with Syndicate Bank was fully satisfied on 04 Dec 2019.
- Charges
A charge with Syndicate Bank of Rs. 4.80 M registered on 16 Apr 2005 with Charge ID 80007687 was modified on 31 Aug 2019.
- Director Appointment
Sridhar Andanappa was appointed as a Director was appointed as a Director on 11 Mar 2010 & has been associated with this company since 15 years 23 days .
- Charges
A charge with Syndicate Bank of Rs. 2.16 M registered on 31 Jan 2007 with Charge ID 10037536 was modified on 18 Jun 2009.
Frequently asked questions
What is the Incorporation or founding date of Ciftech Solutions Private Limited?
Ciftech Solutions Private Limited was incorporated on 24 Mar 1999.
What is authorized share capital and paid-up capital of Ciftech Solutions Private Limited?
The authorized share capital of Ciftech Solutions Private Limited is ₹ 3.50 M and paid-up capital is ₹ 3.46 M.
Who are the current board members & directors of Ciftech Solutions Private Limited?
Currently 3 directors are associated with Ciftech Solutions Private Limited.
- Gonibeed Laxminaryanarao Nagendra
- Gonibeed Ravindra Lakshminarayanarao
- Sridhar Andanappa
What is the registered address of Ciftech Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Ciftech Solutions Private Limited is 3 4Th Floor 3Rd Block 488-B Kiadb Building Peenya Industrial Area, Iind Stage India, Bangalore, Karnataka, 560076.
What is the corporate identification number (CIN) and company number of Ciftech Solutions Private Limited?
The corporate identification number (CIN) of Ciftech Solutions Private Limited is U72892KA1999PTC024954 and the company number is 024954 as per Ministry of Corporate Affairs (MCA).
What is the official website of Ciftech Solutions Private Limited?
The Official website of Ciftech Solutions Private Limited is https://www.ciftech.net
What has been the recent revenue trend for Ciftech Solutions Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Ciftech Solutions Private Limited has risen by 26.27%.
What change has been observed in the net worth of Ciftech Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Ciftech Solutions Private Limited has experienced an upsurge of 7.31%.
What are the total open charges for Ciftech Solutions Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Ciftech Solutions Private Limited amount to ₹ 4.80 M.
When was the last Balance Sheet of Ciftech Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Ciftech Solutions Private Limited was filed with the ROC on 31 Mar 2024.