Sify Technologies Profile
Key Indicators
- Authorised Capital ₹ 1,000.00 Cr
- Paid Up Capital ₹ 433.84 Cr
- Company Age 29 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2,403.00 Cr
- Satisfied Charges ₹ 1,753.10 Cr
- Revenue Growth 1.25%
- Profit Growth -43.28%
- Ebitda -15.00%
- Net Worth 1.96%
- Total Assets 11.83%
About Sify Technologies
Sify Technologies Limited (STL) is a leading Public Limited Indian Non-Government Company incorporated in India on 12 December 1995 and has a history of 29 years and five months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as Sify Limited. 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 1,000.00 Cr and a paid-up capital of Rs 433.84 Cr.
The company currently has active open charges totaling ₹2,403.00 Cr. The company has closed loans amounting to ₹1,753.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Sify Technologies Limited India are Veeraraghavan Ramanujan as CFO and Jayaraman Meenakshi as Company Secretary. Arun Seth, Vegesna Raju, Ajay Kumar, and Four other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U72200TN1995PLC050809
- Company No.
050809
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
12 Dec 1995
- Date of AGM
03 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Information Technology
Telecom
What products or services does Sify Technologies Limited offer?
Sify Technologies Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant, Application Development Service, Sales Support Services, Sales Consultancy, IT Solutions, Cloud Hosting Service, IT, Networking & Automation Solution, Online Education & Coaching Services, Online Education Consultancy Services.
Sify Technologies Limited
Explore comprehensive data for Sify Technologies Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Sify Technologies?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vegesna Raju  | Managing Director | 10-Nov-2005 | Current |
| Veeraraghavan Ramanujan | CFO | 09-Nov-2024 | Current |
| Jayaraman Meenakshi | Company Secretary | 20-Jul-2023 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Arun Seth | Director | 22-Oct-2018 | Current |
| Ajay Kumar | Director | 03-Jul-2024 | Current |
| Muthu Kumar | Whole-Time Director | 14-Nov-2022 | Current |
| Vegesna Saraswathi | Director | 22-Jul-2015 | Current |
| Padmaja Chunduru | Additional Director | 12-Oct-2024 | Current |
| Thomas Bradicich | Additional Director | 05-Jul-2024 | Current |
Financial Performance of Sify Technologies.
Sify Technologies Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 1.25% increase. The company also saw a substantial fall in profitability, with a 43.28% decrease in profit. The company's net worth moved up by a moderate rise of 1.96%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Sify Technologies?
In 2023, Sify Technologies had a promoter holding of 84.26% and a public holding of 15.74%. The company had 4 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Usha Breco LimitedArun Seth is a mutual person
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Dynamatic Technologies LimitedAjay Kumar is a mutual person
Atul LimitedPadmaja Chunduru is a mutual person
Kent R O Systems LimitedArun Seth is a mutual person
Devrev Cloud India Private LimitedArun Seth is a mutual person
Charges (Loans)
Open Charges
₹2,403.00 Cr
Satisfied Charges
₹1,753.10 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 1429.00 Cr
- Others : 575.00 Cr
- Axis Bank Limited : 217.00 Cr
- Hdfc Bank Limited : 182.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Nov 2024 | Others | ₹125.00 Cr | Open |
| 25 Mar 2024 | Others | ₹100.00 Cr | Open |
| 25 Apr 2023 | State Bank Of India | ₹283.00 Cr | Open |
| 28 Mar 2023 | Others | ₹150.00 Cr | Open |
| 27 Dec 2022 | Others | ₹100.00 Cr | Open |
How Many Employees Work at Sify Technologies?
Sify Technologies has a workforce of 1127 employees as of Apr 04, 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 Sify Technologies, 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 Sify Technologies'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 Sify Technologies
Recent activity within the organization
- Charges
A charge registered on 28 Sep 2013 via Charge ID 10451021 with Axis Bank Limited was fully satisfied on 13 Feb 2025.
- Charges
A charge with Axis Bank Limited of Rs. 154.00 Cr registered on 20 Jul 2012 with Charge ID 10369308 was modified on 07 Jan 2025.
- Charges
A charge with Axis Bank Limited of Rs. 5.00 Cr registered on 28 Sep 2013 with Charge ID 10451021 was modified on 02 Dec 2024.
- Charges
A charge with Others amounted to Rs. 125.00 Cr with Charge ID 101019914 was registered on 28 Nov 2024.
- Charges
A charge registered on 18 Sep 2017 via Charge ID 100127344 with State Bank Of India was fully satisfied on 19 Nov 2024.
- Charges
A charge registered on 24 Nov 2022 via Charge ID 100667148 with Yes Bank Limited was fully satisfied on 14 Nov 2024.
Recent News, Updates & Announcement
- Kotak arm invests additional Rs 600 cr in Sify to expand data centre capacity.
Kotak Alternate Asset Managers (Kotakalt) will invest an additional Rs 600 crore investment in Sify Technologies. The investment by Kotak Data Center Fund into Sify Infinit Spaces (SISL), which takes the overall bet by Kotakalt to Rs 1,600 crore, has been deployed for expanding data centre capacity across India and investing in renewable energy.
Frequently asked questions
What is the Incorporation or founding date of Sify Technologies Limited?
Sify Technologies Limited was incorporated on 12 Dec 1995.
What is authorized share capital and paid-up capital of Sify Technologies Limited?
The authorized share capital of Sify Technologies Limited is ₹ 1,000.00 Cr and paid-up capital is ₹ 433.84 Cr.
Who are the current board members & directors of Sify Technologies Limited?
Currently 9 directors are associated with Sify Technologies Limited.
- Arun Seth
- Vegesna Ananta Koti Raju
- Ajay Kumar
- Muthu Raju Paravasa Raju Vijay Kumar
- Vegesna Bala Saraswathi
- Padmaja Chunduru
- Thomas Michael Bradicich
- Veeraraghavan Ramanujan
- Jayaraman Meenakshi
What is the registered address of Sify Technologies Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Sify Technologies Limited is Tidel Park 2Nd Floor No.4 Canal Bank Road Taramani, India, Chennai-113., Tamil Nadu, 600113.
What is the corporate identification number (CIN) and company number of Sify Technologies Limited?
The corporate identification number (CIN) of Sify Technologies Limited is U72200TN1995PLC050809 and the company number is 050809 as per Ministry of Corporate Affairs (MCA).
What is the official website of Sify Technologies Limited?
The Official website of Sify Technologies Limited is https://www.sifytechnologies.com
What has been the recent revenue trend for Sify Technologies Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Sify Technologies Limited has risen by 1.25%.
How many employees does Sify Technologies Limited currently have?
As Per 2023 financial reports, 1127 employees are currently employed by Sify Technologies Limited.
What change has been observed in the net worth of Sify Technologies Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Sify Technologies Limited has experienced an upsurge of 1.96%.
What are the total open charges for Sify Technologies Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Sify Technologies Limited amount to ₹ 2,403.00 Cr.
When was the last Balance Sheet of Sify Technologies Limited filed with the ROC?
The most recent Balance Sheet for Sify Technologies Limited was filed with the ROC on 31 Mar 2024.
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