Cygnet Infotech Private Limited

IT company providing enterprise solutions, application development, content management, and Microsoft technology services.

2000 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Cygnet Infotech Profile

Key Indicators

  • Authorised Capital ₹ 7.50 Cr
  • Paid Up Capital ₹ 5.20 Cr
  • Company Age 24 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 52.81 Cr
  • Satisfied Charges ₹ 17.30 Cr
  • Revenue Growth 28.38%
  • Profit Growth 26.35%
  • Ebitda 20.99%
  • Net Worth 29.94%
  • Total Assets 76.03%

About Cygnet Infotech

Cygnet Infotech Private Limited (CIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 August 2000 and has a history of 24 years and six months. Its registered office is in Ahmedabad, Gujarat, 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 2023. It's a company limited by shares with an authorized capital of Rs 7.50 Cr and a paid-up capital of Rs 5.20 Cr.

The company currently has active open charges totaling ₹52.81 Cr. The company has closed loans amounting to ₹17.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Cygnet Infotech Private Limited India is Nisarg Trivedi as CFO. Niraj Hutheesing, Vishal Shah, Tejinderpalsingh Oberoi, and Three other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72200GJ2000PTC038563

  • Company No.

    038563

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Aug 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

What products or services does Cygnet Infotech Private Limited offer?

Cygnet Infotech Private Limited offers a wide range of products and services, including GST & PAN Registrations, GST Consultant, Software Development & IT Consultant, Content Management Service, Copyright & Trademark, Trademarks Services, IT, Networking & Automation Solution, IT Solutions, Business Consultant, Business Solution.

Who are the key members and board of directors at Cygnet Infotech?

Executive Team (2)

NameDesignationAppointment DateStatus
Niraj Hutheesing Country flag representing In Managing Director22-Aug-2000Current
Nisarg Trivedi CFO18-Sep-2018Current

Board Members (5)

NameDesignationAppointment DateStatus
Tejinderpalsingh Oberoi Country flag representing In Whole-Time Director 10-Dec-2013Current
Keval Hutheesing Country flag representing In Director 20-Nov-2020Current
Apurva Ashar Country flag representing In Whole-Time Director 01-Nov-2012Current
Vishal Shah Country flag representing In Director 27-Dec-2000Current
Chatura Hutheesing Country flag representing In Whole-Time Director 29-Aug-2009Current

Financial Performance of Cygnet Infotech.

Cygnet Infotech Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.38% increase. The company also saw a substantial improvement in profitability, with a 26.35% increase in profit. The company's net worth Soared by an impressive increase of 29.94%.

Cygnet Infotech revenue growth over time
Cygnet Infotech 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
28.38%
Revenue from Operations
29.25%
Total Assets
76.03%
Profit or Loss
26.35%
Net Worth
29.94%
EBITDA
20.99%

What is the Ownership and Shareholding Structure of Cygnet Infotech?

In 2023, Cygnet Infotech had a promoter holding of 97.50% and a public holding of 2.50%. The company had 2 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹52.81 Cr

Satisfied Charges

₹17.30 Cr

Charges Breakdown by Lending Institutions

  • Others : 52.81 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jun 2018Others₹52.81 CrOpen
14 Aug 2014Kotak Mahindra Bank Limited₹10.00 CrSatisfied
22 Dec 2009Citibank N. A.₹4.00 CrSatisfied
11 Dec 2009Citi Bank N.A.₹3.00 CrSatisfied
23 Nov 2006Syndicate Bank₹3.00 MSatisfied

How Many Employees Work at Cygnet Infotech?

Cygnet Infotech has a workforce of 999 employees as of Apr 07, 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 Cygnet Infotech Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Cygnet Infotech, 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 Cygnet Infotech'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 Cygnet Infotech

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 52.81 Cr registered on 22 Jun 2018 with Charge ID 100190192 was modified on 23 Feb 2024.

  • Annual General Meeting

    Cygnet Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Cygnet Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Charges

    A charge registered on 11 Dec 2009 via Charge ID 10190977 with Citi Bank N.A. was fully satisfied on 30 Aug 2018.

  • Charges

    A charge with Others amounted to Rs. 52.81 Cr with Charge ID 100190192 was registered on 22 Jun 2018.

  • Charges

    A charge registered on 22 Dec 2009 via Charge ID 10190976 with Citibank N. A. was fully satisfied on 23 Mar 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Cygnet Infotech Private Limited?

    Cygnet Infotech Private Limited was incorporated on 22 Aug 2000.

  • What is authorized share capital and paid-up capital of Cygnet Infotech Private Limited?

    The authorized share capital of Cygnet Infotech Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 5.20 Cr.

  • Who are the current board members & directors of Cygnet Infotech Private Limited?

    Currently 7 directors are associated with Cygnet Infotech Private Limited.

    • Niraj Karnik Hutheesing
    • Vishal Shrenik Shah
    • Tejinderpalsingh Pritamsingh Oberoi
    • Chatura Niraj Hutheesing
    • Apurva Shivji Ashar
    • Keval Niraj Hutheesing
    • Nisarg Dilipray Trivedi

  • What is the registered address of Cygnet Infotech Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Cygnet Infotech Private Limited is 16-Swastik Society Nr. Amco Bank Stadium Circle Opp. Diamond Plaza, Navr Angpura India, Ahmedabad, Gujarat, 380009.

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

    The corporate identification number (CIN) of Cygnet Infotech Private Limited is U72200GJ2000PTC038563 and the company number is 038563 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Cygnet Infotech Private Limited?

    The Official website of Cygnet Infotech Private Limited is https://www.cygnet-infotech.com

  • What has been the recent revenue trend for Cygnet Infotech Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Cygnet Infotech Private Limited has risen by 28.38%.

  • How many employees does Cygnet Infotech Private Limited currently have?

    As Per 2023 financial reports, 999 employees are currently employed by Cygnet Infotech Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Cygnet Infotech Private Limited has experienced an upsurge of 29.94%.

  • What are the total open charges for Cygnet Infotech Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Cygnet Infotech Private Limited amount to ₹ 52.81 Cr.

  • When was the last Balance Sheet of Cygnet Infotech Private Limited filed with the ROC?

    The most recent Balance Sheet for Cygnet Infotech Private Limited was filed with the ROC on 31 Mar 2023.

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