Cig Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 1.00 M
- Company Age 19 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.33 Cr
- Revenue Growth -39.52%
- Profit Growth -70.84%
- Ebitda -71.52%
- Net Worth 9.74%
- Total Assets -6.00%
About Cig Solutions
Cig Solutions Private Limited (CSPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 March 2006 and has a history of 19 years and one month. Its registered office is in Hyderabad, Telangana, 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 1.00 M and a paid-up capital of Rs 1.00 M.
The company currently has active open charges totaling ₹2.33 Cr.
Siddharth Karwankar and Keya Karwankar serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200TG2006PTC049569
- Company No.
049569
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
22 Mar 2006
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Information Technology
Cig Solutions Private Limited
Explore comprehensive data for Cig Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Cig Solutions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Siddharth Karwankar  | Managing Director | 22-Mar-2006 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Keya Karwankar | Director | 22-Mar-2006 | Current |
Financial Performance of Cig Solutions.
Cig Solutions Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 39.52% decrease. The company also saw a substantial fall in profitability, with a 70.84% decrease in profit. The company's net worth moved up by a moderate rise of 9.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Cig Solutions?
In 2021, Cig Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹23.30 M
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 1.48 Cr
- Others : 0.85 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Apr 2016 | Hdfc Bank Limited | ₹1.48 Cr | Open |
| 18 Mar 2016 | Others | ₹8.50 M | Open |
How Many Employees Work at Cig Solutions?
Unlock and access historical data on people associated with Cig 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 Cig 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 Cig 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 Cig Solutions
Recent activity within the organization
- Annual General Meeting
Cig Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Cig Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge with Others of Rs. 8.50 M registered on 18 Mar 2016 with Charge ID 10627936 was modified on 03 May 2016.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 14.80 M with Charge ID 100038207 was registered on 21 Apr 2016.
- Charges
A charge with Others amounted to Rs. 8.50 M with Charge ID 10627936 was registered on 18 Mar 2016.
- Director Appointment
Siddharth Kishore Karwankar was appointed as a Managing Director was appointed as a Managing Director on 22 Mar 2006 & has been associated with this company since 19 years 1 month .
Frequently asked questions
What is the Incorporation or founding date of Cig Solutions Private Limited?
Cig Solutions Private Limited was incorporated on 22 Mar 2006.
What is authorized share capital and paid-up capital of Cig Solutions Private Limited?
The authorized share capital of Cig Solutions Private Limited is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.
Who are the current board members & directors of Cig Solutions Private Limited?
Currently 2 directors are associated with Cig Solutions Private Limited.
- Siddharth Kishore Karwankar
- Keya Siddharth Karwankar
What is the registered address of Cig Solutions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Cig Solutions Private Limited is Plot No. 4-161/27 Akash Enclave, P O. J.J.Nagar India, Secunderabad, Telangana, 500087.
What is the corporate identification number (CIN) and company number of Cig Solutions Private Limited?
The corporate identification number (CIN) of Cig Solutions Private Limited is U72200TG2006PTC049569 and the company number is 049569 as per Ministry of Corporate Affairs (MCA).
What is the official website of Cig Solutions Private Limited?
The Official website of Cig Solutions Private Limited is https://www.cigworks.com
What has been the recent revenue trend for Cig Solutions Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Cig Solutions Private Limited has fallen by -39.52%.
What change has been observed in the net worth of Cig Solutions Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Cig Solutions Private Limited has experienced an upsurge of 9.74%.
What are the total open charges for Cig Solutions Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Cig Solutions Private Limited amount to ₹ 2.33 Cr.
When was the last Balance Sheet of Cig Solutions Private Limited filed with the ROC?
The most recent Balance Sheet for Cig Solutions Private Limited was filed with the ROC on 31 Mar 2024.
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