About Cigma Process Solutions Private Limited
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Cigma Process Solutions Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the industrial chemicals segment of the chemicals and materials sector. It was incorporated on 29 July 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51909MH2009PTC194414. Its GSTIN is 27AADCG5177G1ZH (Maharashtra). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Grechem Chemicals Private Limited. It is led by directors including Vellingiri and Muthuswamy Ganeshan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Unit No. 204 Plot No. C – 56/1 2nd Flr Turbhe Industrial Park, Ttc Industrial Area MIDC Turbhe Navi Mumbai Thane, Maharashtra, India – 400703.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.58 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹1.21 Cr (net margin 9.6%) and EBITDA of ₹1.64 Cr (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 11% over five years.
Its group structure includes 1 subsidiary.
Court records list 2 cases involving the company, including 2 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cigmaprocess.com.
Company details
Contact details
Cigma Process Solutions Private Limited's registered office is in Thane, Maharashtra. Its website is cigmaprocess.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressUnit No. 204 Plot No. C – 56/1 2nd Flr Turbhe Industrial Park, Ttc Industrial Area MIDC Turbhe Navi Mumbai Thane, Maharashtra, India – 400703
- IndustryChemicals and Materials, Industrial Chemicals
To see the full contact details of Cigma Process Solutions Private Limited, buy the company report.
- 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
Business activity
The main business activity of Cigma Process Solutions is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles |
To see the full business activity and turnover split of Cigma Process Solutions Private Limited, buy the company report.
Financials of Cigma Process Solutions Private Limited
FY 2025 filings availableCigma Process Solutions Private Limited reported revenue of ₹12.58 Cr (down 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA rose 443% 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.64 Cr | ||||
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| Net Profit (PAT) | ₹1.21 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.1% | ||||
| Net Profit Margin | 9.6% | ||||
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To see the full financial statements and ratios of Cigma Process Solutions Private Limited, buy the company report.
Board of directors of Cigma Process Solutions Private Limited
Cigma Process Solutions has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vellingiri | Director | 08 Oct 2019 | 7 Years 1 Months | Current |
| Muthuswamy Ganeshan | Director | 19 Nov 2012 | 13 Years 11 Months | Current |
| Venkatachala Gounder Murugesan | Director | 19 Nov 2012 | 13 Years 11 Months | Current |
Auditor
Cigma Process Solutions Private Limited is audited by D. A. Shinde & Co. for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| D. A. Shinde & Co. | FY 2021 | 115243W |
Shareholding
The shareholding of Cigma Process Solutions Private Limited is on record for 5 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cigma Process Solutions Private Limited, buy the company report.
Legal cases
Cigma Process Solutions Private Limited has 2 court cases on record: 2 filed by Cigma Process Solutions. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 0 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Priyadarshini Sahakari Soot Girni Ltd. | Disposed |
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Priyadarshini Sahakari Soot Girni Ltd. | Disposed |
To see the full case history of Cigma Process Solutions Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Cigma Process Solutions Private Limited has 9 MSME Form 1 returns on record between 2018 and 2021, listing 640 overdue payments to 9 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 9)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Sorbe Biotechnology (India) Private Limited | |||
| Spectra Specialities | |||
| Y. K. Desai & Co. | |||
| Intexso Biochem Private Limited |
To see the full MSME payment records of Cigma Process Solutions Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Cigma Process Solutions has 1 subsidiary company. This group structure data is as of FY 2020. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Rajvin Chemicals Private Limited | U24110MH1995PTC090891 |
To see the full group structure of Cigma Process Solutions Private Limited, buy the company report.
GST
Cigma Process Solutions has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCG5177G1ZH | Maharashtra | Active | 01 Jul 2017 |
| 33AADCG5177G1ZO | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cigma Process Solutions Private Limited, buy the company report.
Recent activity
Cigma Process Solutions Private Limited has 13 board changes on record since 2009: 8 appointments and 5 cessations. The latest: Pitchai ceased to be Director on 31 Mar 2022.
4 earlier events are in the company report.
Frequently asked questions
Cigma Process Solutions is an active private limited company based in Thane, Maharashtra, India. The company works in industrial chemicals, within the chemicals and materials industry. It was incorporated on 29 July 2009 (17+ years old) and is registered under CIN U51909MH2009PTC194414.
Cigma Process Solutions has 3 current directors:
- Vellingiri - Director
- Muthuswamy Ganeshan - Director
- Venkatachala Gounder Murugesan - Director
The latest financial statements of Cigma Process Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Cigma Process Solutions is 27AADCG5177G1ZH, registered in Maharashtra. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AADCG5177G1ZO (Tamil Nadu).
The CIN (Corporate Identification Number) of Cigma Process Solutions is U51909MH2009PTC194414. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cigma Process Solutions has 2 court cases on record: 2 filed by the company.
Cigma Process Solutions was incorporated on 29 July 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Pitchai ceased to be Director on 31 Mar 2022. Vellingiri was appointed as Director on 08 Oct 2019. Jayantilal Kanubhai Umaretiya ceased to be Director on 23 Jan 2016. Cigma Process Solutions has 13 board changes on record in total.
Cigma Process Solutions has 9 MSME Form 1 returns on record between 2018 and 2021, listing 640 overdue payments to 9 micro and small suppliers. The latest return was filed on 06 Dec 2021.
Cigma Process Solutions can be reached through the website cigmaprocess.com. Its registered office is in Thane, Maharashtra, India.
The registered office of Cigma Process Solutions is at Unit No. 204 Plot No. C – 561 2nd Flr Turbhe Industrial Park, Ttc Industrial Area MIDC Turbhe Navi Mumbai Thane, Maharashtra, India – 400703.
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