Congruent Solutions Private Limited

Develops technology solutions for global pension industry, including COREDC, CORE Point, CORE AE, and COREQROPS.

1986 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 12, 2024

Congruent Solutions Profile

Key Indicators

  • Authorised Capital ₹ 7.02 Cr
  • Paid Up Capital ₹ 6.01 M
  • Company Age 38 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.36 Cr
  • Revenue Growth 25.16%
  • Profit Growth -19.89%
  • Ebitda -21.81%
  • Net Worth 28.64%
  • Total Assets 32.30%

About Congruent Solutions

Congruent Solutions Private Limited (CSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 July 1986 and has a history of 38 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Business Outsourcing 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 7.02 Cr and a paid-up capital of Rs 6.01 M.

The company has closed loans amounting to ₹3.36 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Jayaraman Balaraman, Ganapathy Sivakumar, Neeraj Bhatia, and One other member serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U35999TN1986PTC013156

  • Company No.

    013156

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jul 1986

  • Date of AGM

    09 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing

Who are the key members and board of directors at Congruent Solutions?

Board Members (4)

NameDesignationAppointment DateStatus
Jayaraman Balaraman Country flag representing In Whole-Time Director 29-Apr-1998Current
Ganapathy Sivakumar Country flag representing In Director 05-Jan-2023Current
Neeraj Bhatia Country flag representing In Director 05-Jan-2023Current
Vaidyanathan Chandrasekaran Country flag representing In Whole-Time Director 01-Jul-1993Current

Financial Performance of Congruent Solutions.

Congruent Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 25.16% increase. The company also saw a substantial fall in profitability, with a 19.89% decrease in profit. The company's net worth Soared by an impressive increase of 28.64%.

Graph illustrating revenue growth over time
Graph showing 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
25.16%
Revenue from Operations
25.89%
Total Assets
32.30%
Profit or Loss
-19.89%
Net Worth
28.64%
EBITDA
-21.81%

What is the Ownership and Shareholding Structure of Congruent Solutions?

In 2021, Congruent Solutions had a promoter holding of 73.13% and a public holding of 26.87%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3.36 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 3.34 Cr
  • India Equipment Leasing Limited : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
04 Sep 2012Indian Bank₹6.00 MSatisfied
20 Nov 2010Indian Bank₹2.25 CrSatisfied
27 Jul 1998Indian Bank₹1.48 MSatisfied
27 Jul 1998Indian Bank₹1.48 MSatisfied
18 Feb 1995Indian Bank₹1.80 MSatisfied

How Many Employees Work at Congruent Solutions?

Congruent Solutions has a workforce of 431 employees as of Mar 22, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Congruent 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 Congruent Solutions'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 Congruent Solutions

Recent activity within the organization

  • Annual General Meeting

    Congruent Solutions Private Limited last Annual general meeting of members was held on 09 Aug 2024 as per latest MCA records.

    09 Aug 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Ganapathy Sivakumar was appointed as a Director was appointed as a Director on 05 Jan 2023 & has been associated with this company since 2 years 1 month .

    05 Jan 2023

  • Director Appointment

    Neeraj Jaikrishan Bhatia was appointed as a Director was appointed as a Director on 05 Jan 2023 & has been associated with this company since 2 years 1 month .

    05 Jan 2023

  • Charges

    A charge registered on 04 Sep 2012 via Charge ID 10383994 with Indian Bank was fully satisfied on 02 May 2022.

    02 May 2022

  • Charges

    A charge registered on 04 Jun 1990 via Charge ID 90305978 with India Equipment Leasing Limited was fully satisfied on 01 Apr 2022.

    01 Apr 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Congruent Solutions Private Limited was incorporated on 02 Jul 1986.

  • The authorized share capital of Congruent Solutions Private Limited is ₹ 7.02 Cr and paid-up capital is ₹ 6.01 M.

  • Currently 4 directors are associated with Congruent Solutions Private Limited.

    • Jayaraman Balaraman
    • Ganapathy Sivakumar
    • Neeraj Jaikrishan Bhatia
    • Vaidyanathan Chandrasekaran
  • As per Ministry of Corporate Affairs (Mca), the registered address of Congruent Solutions Private Limited is 4Th Floor Plot No. 3-C To 7-C Triton Square Skcl Guindy Industrial Estate, India, Chennai, Tamil Nadu, 600032.

  • The corporate identification number (CIN) of Congruent Solutions Private Limited is U35999TN1986PTC013156 and the company number is 013156 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Congruent Solutions Private Limited is https://www.congruentsolutions.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Congruent Solutions Private Limited has risen by 25.16%.

  • As Per 2022 financial reports, 431 employees are currently employed by Congruent Solutions Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Congruent Solutions Private Limited has experienced an upsurge of 28.64%.

  • The most recent Balance Sheet for Congruent Solutions Private Limited was filed with the ROC on 31 Mar 2024.

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