About Mitel Cloud Communications Private Limited
Data last updated:
Mitel Cloud Communications Private Limited was a foreign private limited company based in Nagawara, Karnataka, India, operated as a subsidiary of Shoretel International Inc.. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the software development and support services segment of the technology and IT services sector. It was incorporated on 12 December 2011.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U74900KA2011FTC094407. Its GSTIN is 29AAQCS9159M1Z5 (Karnataka). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1.11 Lakh. It was formerly known as Shoretel Communications Private Limited. It was led by directors including Patrick Peisker (Whole-Time Director) and Gregory J Hiscock.
Its last annual general meeting (AGM) was held on 22 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at 1 Embassy Manyata Business Park, Nagawara, Karnataka.
As per the financials filed for FY 2023, the company reported a revenue of ₹57.79 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹5.6 Cr (net margin 9.7%) and EBITDA of ₹10.57 Cr (EBITDA margin 18.3%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years.
The company had about 62 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Mitel.
The last known website on record is mitel.com.
Company details
CIN history
Mitel Cloud Communications has one previous CIN (Corporate Identification Number): U74900MH2011FTC224788. The current CIN is U74900KA2011FTC094407, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U74900KA2011FTC094407 | Current |
| U74900MH2011FTC224788 | Previous |
Contact details
Mitel Cloud Communications Private Limited's registered office is in Nagawara, Karnataka. Its website is mitel.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address7th Floor Nxt Tower – 1 Embassy Manyata Business Park Outer Rin, G Road, Nagawara, Karnataka, India – 560045
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Mitel Cloud Communications 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 Mitel Cloud Communications is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Mitel Cloud Communications Private Limited, buy the company report.
Financials of Mitel Cloud Communications Private Limited
FY 2023 filings availableMitel Cloud Communications Private Limited reported revenue of ₹57.79 Cr (down 3% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 3% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 1% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹57.79 Cr | ||||
| Cost of Materials Consumed | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹10.57 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.6 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.3% | ||||
| Net Profit Margin | 9.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Mitel Cloud Communications Private Limited, buy the company report.
Board of directors of Mitel Cloud Communications Private Limited
Mitel Cloud Communications has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Patrick Peisker | Whole-Time Director | 22 Apr 2020 | 6 Years 6 Months | As last reported |
| Gregory J Hiscock Also directs: Mitel Communications Private Limited | Director | 05 Oct 2017 | 9 Years 0 Months | As last reported |
| Sriram Krishnamachari Also directs: Mitel Communications Private Limited | Director | 16 Feb 2018 | 8 Years 8 Months | As last reported |
Peer comparison
Mitel Cloud Communications Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Communications, Software Services), with the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aarav Global Products and Services Private Limited | ₹59.65 Cr (FY 2024) | 162.0% | Mumbai, Maharashtra, India | |||
| Ahasolar Technologies Limited | ₹58.47 Cr (FY 2025) | 38.0% | Ahmedabad, Gujarat, India | |||
| Vanenburg Software (India) Private Limited | ₹58.45 Cr (FY 2025) | 46.0% | Coimbatore, Tamil Nadu, India | |||
| Mitel Cloud Communications Private Limitedthis company | ₹57.79 Cr (FY 2023) | ₹5.6 Cr | 9.7% | -3.0% | 62 | Nagawara, Karnataka, India |
To see the full peer comparison of Mitel Cloud Communications Private Limited, buy the company report.
Auditor
Mitel Cloud Communications Private Limited is audited by Singhvi Dev & Unni LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Singhvi Dev & Unni LLP | FY 2023 | 003867S |
Shareholding
The shareholding of Mitel Cloud Communications Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mitel Cloud Communications Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Mitel Cloud Communications Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mitel Cloud Communications Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mitel Cloud Communications Private Limited has a workforce of 62 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Mitel Cloud Communications has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAQCS9159M1Z5 | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mitel Cloud Communications Private Limited, buy the company report.
Recent activity
Mitel Cloud Communications Private Limited has 13 board changes on record since 2012: 3 appointments and 10 cessations. The latest: Patrick Peisker ceased to be Director on 27 May 2020.
4 earlier events are in the company report.
News
Frequently asked questions
Mitel Cloud Communications has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Mitel Cloud Communications was a foreign private limited company based in Nagawara, Karnataka, India. The company worked in software development and support services, within the information technology industry. It was incorporated on 12 December 2011 and is registered under CIN U74900KA2011FTC094407. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Mitel Cloud Communications was incorporated on 12 December 2011. It is registered with the Registrar of Companies, Bangalore.
Mitel Cloud Communications had 3 directors:
- Patrick Peisker - Whole-Time Director
- Gregory J Hiscock - Director
- Sriram Krishnamachari - Director
The CIN (Corporate Identification Number) of Mitel Cloud Communications is U74900KA2011FTC094407. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Mitel Cloud Communications is at 7th Floor Nxt Tower – 1 Embassy Manyata Business Park Outer Rin, G Road, Nagawara, Karnataka, India – 560045.
Mitel Cloud Communications can be reached through the website mitel.com. Its registered office is in Nagawara, Karnataka, India.
The latest financial statements of Mitel Cloud Communications on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 22 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Mitel Cloud Communications is 29AAQCS9159M1Z5, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Mitel Cloud Communications operated in the information technology industry, in the software development and support services segment.
The peers of Mitel Cloud Communications by revenue are Aarav Global Products and Services Private Limited, Ahasolar Technologies Limited, Vanenburg Software (India) Private Limited, all in the Information Technology industry (Communications, Software Services), with the same principal business activity (other professional, scientific and technical activities).