
About Black Duck Software India Private Limited
Data last updated:
Black Duck Software India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Synopsys, Inc.. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 18 February 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2004PTC063430. Its GSTIN is 29AABCI4087P1ZV (Karnataka).
The company has an authorised share capital of ₹10.4 Cr and a paid-up capital of ₹2.87 Cr. It was formerly known as Iviz Techno Solutions Private Limited and Cigital Asia Private Limited. It is led by directors Joy Marie Burkholder Meier and Rajeev Kumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Prestige Blue Chip III Block 4th Floor No. 9 Hosur Road, Bangalore, Karnataka, India – 560029.
As per the financials filed for FY 2024, the company reported a revenue of ₹83.91 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹9.19 Cr (net margin 10.9%) and EBITDA of ₹15.63 Cr (EBITDA margin 18.6%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 13% over five years.
The company has about 262 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: iViZ Security and Synopsys. The company has 8 deals on record (5 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹13.31 Cr; the latest was in June 2018. Its 10 peer companies in the Information Technology industry (IT Consulting and Services) are compared by revenue, 5 larger and 5 smaller; the largest is Mphatek Systems Private Limited with revenue of ₹84.91 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website synopsys.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPrestige Blue Chip III Block 4th Floor No. 9 Hosur Road, Bangalore, Karnataka, India – 560029
- IndustryInformation Technology, IT Consulting & Support Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Black Duck Software India Private Limited
The main business activity of Black Duck Software India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Black Duck Software India Private Limited FY 2024 filings available
Black Duck Software India Private Limited reported revenue of ₹83.91 Cr (down 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Black Duck Software India Private Limited
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA rose 5% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Black Duck Software India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹15.63 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹9.19 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Black Duck Software India Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 10.9% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Black Duck Software India are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Black Duck Software India Private Limited
Black Duck Software India Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mphatek Systems Private Limited | ₹84.91 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Pune, Maharashtra, India |
| IT Convergence Professional Services Private Limited | ₹84.89 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Hyderabad, Telangana, India |
| Degree 360 Solutions Private Limited | ₹84.53 Cr (FY 2024) | •••• | •••• | 146.0% | •••• | New Delhi, Delhi, India |
| Kinapse India Scientific Services Private Limited | ₹84.36 Cr (FY 2022) | •••• | •••• | 18.0% | •••• | Gurgaon, Haryana, India |
| Accops Systems Private Limited | ₹84.03 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Ahmedabad, Gujarat, India |
| Black Duck Software India Private Limited this company | ₹83.91 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | Bangalore, Karnataka, India |
| Datasoft Network Solutions Private Limited | ₹83.85 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Mumbai, Maharashtra, India |
| Rise Tech Software Private Limited | ₹83.81 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Jaipur, Rajasthan, India |
| Surgenext Technologies Private Limited | ₹83.65 Cr (FY 2024) | •••• | •••• | 47.0% | •••• | Shivpuri, Madhya Pradesh, India |
| C I Infotech Private Limited | ₹83.16 Cr (FY 2024) | •••• | •••• | -18.0% | •••• | New Delhi, Delhi, India |
| Systomat Solutions Private Limited | ₹82.16 Cr (FY 2025) | •••• | •••• | 69.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Black Duck Software India by revenue in the Information Technology industry (IT Consulting and Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Black Duck Software India Private Limited
Black Duck Software India Private Limited is audited by MSKA & ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MSKA & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Black Duck Software India Private Limited
Black Duck Software India has 2 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajeev Kumar | Additional Director | 09 Jul 2025 | 1 Years 3 Months | Current |
| Joy Marie Burkholder Meier | Director | 30 Sep 2024 | 2 Years 0 Months | Current |
Ownership and Shareholding of Black Duck Software India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Black Duck Software India Private Limited
Black Duck Software India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Black Duck Software India Private Limited
Black Duck Software India Private Limited has 8 deals on record (5 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹13.31 Cr; the latest was in June 2018.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: Synopsys Inc Seller: Cigital Inc |
| Oct 2014 | Secondary share transfer | Undisclosed | Buyer: Cigital Inc, an individual Seller: Chiratae Ventures (IDG), Erevmax Technologies Private Limited , A K M Systems Private Limited , an individual |
| Jun 2012 | Funding round · Series A | ₹55.4 Lakh | Investors: Chiratae Ventures (IDG) |
| Jul 2009 | Funding round · Series A | ₹4.51 Cr | Investors: Chiratae Ventures (IDG) |
| Oct 2007 | Funding round · Pre-Series A | ₹1.25 Cr | Investors: Erevmax Technologies Private Limited |
Full deal history
All 8 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Black Duck Software India Private Limited
Black Duck Software India operates two associated brands: iViZ Security and Synopsys. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based penetration testing and application security services are offered. | ivizsecurity.com | |
| Electronic design automation solutions are provided for semiconductor systems. | synopsys.com |
Employees and EPFO Compliance at Black Duck Software India Private Limited
Black Duck Software India Private Limited has a workforce of 262 employees as of Apr 08, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Name History of Black Duck Software India Private Limited
Black Duck Software India has undergone 3 name changes throughout its history. The company was previously known as Iviz Techno Solutions Private Limited, Cigital Asia Private Limited, and Black Duck Software India Private Limited. The current legal name is Black Duck Software India Private Limited.
| Company Name | Status |
|---|---|
| Black Duck Software India Private Limited | Current |
| Iviz Techno Solutions Private Limited | Previous |
| Cigital Asia Private Limited | Previous |
CIN History of Black Duck Software India Private Limited
Black Duck Software India has one previous CIN (Corporate Identification Number): U72900WB2004PTC097889. The current CIN is U72900KA2004PTC063430, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72900KA2004PTC063430 | Current |
| U72900WB2004PTC097889 | Previous |
News related to Black Duck Software India Private Limited
Recent Activity on Black Duck Software India Private Limited
Black Duck Software India Private Limited has 18 board changes on record since 2013: 2 appointments and 16 cessations. The latest: Rajeev Kumar was appointed as Additional Director on 09 Jul 2025.
9 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Black Duck Software India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Black Duck Software India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Black Duck Software India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Black Duck Software India Private Limited
Black Duck Software India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCI4087P1ZV | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Black Duck Software India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Black Duck Software India Private Limited
Black Duck Software India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 18 February 2004 (22+ years old) and is registered under CIN U72900KA2004PTC063430.
Black Duck Software India reported revenue of ₹83.91 Cr for FY 2024 (down 4% YoY).
Black Duck Software India has 2 current directors:
- Rajeev Kumar - Additional Director
- Joy Marie Burkholder Meier - Director
Black Duck Software India reported a net profit of ₹9.19 Cr (net margin 10.9%) and EBITDA of ₹15.63 Cr (EBITDA margin 18.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Black Duck Software India is 26% over three years and 13% over five years. In the latest year (FY 2024) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Black Duck Software India is 29AABCI4087P1ZV, registered in Karnataka.
The CIN (Corporate Identification Number) of Black Duck Software India is U72900KA2004PTC063430. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Black Duck Software India was incorporated on 18 February 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
Black Duck Software India has 8 deals on record (5 funding rounds, 2 secondary share transfers, 1 acquisition), with disclosed funding of ₹13.31 Cr; the latest was in June 2018.
The peers of Black Duck Software India by revenue are Mphatek Systems Private Limited, IT Convergence Professional Services Private Limited, Degree 360 Solutions Private Limited, Kinapse India Scientific Services Private Limited, Accops Systems Private Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Rajeev Kumar was appointed as Additional Director on 09 Jul 2025. Amarnadh Kolli ceased to be Additional Director on 16 Oct 2024. Joy Marie Burkholder Meier ceased to be Additional Director on 16 Oct 2024. Black Duck Software India has 18 board changes on record in total.