Cygnet Infotech Profile
Key Indicators
- Authorised Capital ₹ 7.50 Cr
- Paid Up Capital ₹ 5.20 Cr
- Company Age 24 Year, 5 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 five 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
- Location
Ahmedabad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
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
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Niraj Hutheesing  | Managing Director | 22-Aug-2000 | Current |
| Nisarg Trivedi | CFO | 18-Sep-2018 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Tejinderpalsingh Oberoi | Whole-Time Director | 10-Dec-2013 | Current |
| Keval Hutheesing | Director | 20-Nov-2020 | Current |
| Apurva Ashar | Whole-Time Director | 01-Nov-2012 | Current |
| Vishal Shah | Director | 27-Dec-2000 | Current |
| Chatura Hutheesing | Whole-Time Director | 29-Aug-2009 | Current |
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%.
- Key Matrics
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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.
Related Corporates (Common Directorship)
Gesia It AssociationTejinderpalsingh Oberoi is a mutual person
Cygnet Digital Private LimitedNiraj Hutheesing, Tejinderpalsingh Oberoi and 2 more are mutual person
Genesis Artificial Intelligence Private LimitedNiraj Hutheesing is a mutual person
Swa Art And Craft LlpNiraj Hutheesing and Chatura Hutheesing are mutual person
- Jpoxy Polymers Llp
Niraj Hutheesing and Tejinderpalsingh Oberoi are mutual person
- Cygnet Enterprise Private Limited
Niraj Hutheesing, Vishal Shah and 2 more are mutual person
Charges (Loans)
₹52.81 Cr
₹17.30 Cr
Charges Breakdown by Lending Institutions
- Others : 52.81 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jun 2018 | Others | ₹52.81 Cr | Open |
| 14 Aug 2014 | Kotak Mahindra Bank Limited | ₹10.00 Cr | Satisfied |
| 22 Dec 2009 | Citibank N. A. | ₹4.00 Cr | Satisfied |
| 11 Dec 2009 | Citi Bank N.A. | ₹3.00 Cr | Satisfied |
| 23 Nov 2006 | Syndicate Bank | ₹3.00 M | Satisfied |
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.
Deals i
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
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.
