About Snex Technology Services Private Limited
Data last updated:
Snex Technology Services Private Limited is a foreign private limited company based in Bangalore, Karnataka, India, a subsidiary of Stonex Group Inc. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 29 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2019FTC124766. Its GSTIN is 29AAFCI2910M1ZD (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It was formerly known as Intl Fcstone Technology Services Private Limited. It is led by directors including Abigail Hannah Perkins and Gregory Kallinikos.
Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹229.54 Cr, a growth of 66% compared to the previous year. For the same year it recorded a net profit of ₹30.87 Cr (net margin 13.4%) and EBITDA of ₹52.38 Cr (EBITDA margin 22.8%). Revenue has grown at a compounded annual rate (CAGR) of 58% over three years and 64% over five years.
The company has about 422 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: INTL FCStone. Court records list 3 cases involving the company, including 1 filed by the company; 3 cases are pending.
For more details, the company can be reached via its website intlfcstone.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address6th And 7th Floor 37 Cunningham, No 37/11 Cunningham Road, Bangalore, Karnataka, India – 560001
- IndustryInformation Technology, Software Development & 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 Snex Technology Services Private Limited
The main business activity of Snex Technology Services 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 Snex Technology Services Private Limited FY 2024 filings available
Snex Technology Services Private Limited reported revenue of ₹229.54 Cr (up 66% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Snex Technology Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 64% over five years, including 66% growth in the latest year. EBITDA rose 158% 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 Snex Technology Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹52.38 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹30.87 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 Snex Technology Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 22.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 13.4% | •••• | •••• | •••• | •••• |
| 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 Snex Technology Services are in the company report.
Financial statements from FY 2020
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 Snex Technology Services Private Limited
Snex Technology Services Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Cornerstone Ondemand Services India Private Limited | ₹233.63 Cr (FY 2024) | •••• | •••• | 27.0% | •••• | Mumbai, Maharashtra, India |
| Cyberark Software (India) Private Limited | ₹232.63 Cr (FY 2025) | •••• | •••• | 46.0% | •••• | Raidurg, Telangana, India |
| Openmind Software Private Limited | ₹231.85 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Delhi, India |
| Jekson Vision Private Limited | ₹231.43 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Ahmedabad, Gujarat, India |
| Maq India Private Limited | ₹230.31 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Mumbai, Maharashtra, India |
| Snex Technology Services Private Limited this company | ₹229.54 Cr (FY 2025) | •••• | •••• | 66.0% | •••• | Bangalore, Karnataka, India |
| Technvision Ventures Limited | ₹229.26 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Secunderabad, Telangana, India |
| Dexit Global Limited | ₹227.85 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| Smarsh India Private Limited | ₹227.45 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Anunta Technology Management Services Limited | ₹227.08 Cr (FY 2024) | •••• | •••• | 19.0% | •••• | Mumbai, Maharashtra, India |
| Sopra India Private Limited | ₹227.02 Cr (FY 2016) | •••• | •••• | 5.0% | •••• | New Delhi, Delhi, India |
Peers are the five companies nearest above and the five nearest below Snex Technology Services by revenue in the same principal business activity (Computer programming, consultancy and related activities), 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 Snex Technology Services Private Limited
Snex Technology Services Private Limited is audited by Prakash and Rajaguru for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Prakash and Rajaguru | 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 Snex Technology Services Private Limited
Snex Technology Services has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Abigail Hannah Perkins | Director | 29 Sep 2023 | 3 Years 0 Months | Current |
| Gregory Kallinikos | Director | 13 Jan 2023 | 3 Years 8 Months | Current |
| Stuart Andrew Sam Davison | Director | 26 Sep 2024 | 2 Years 0 Months | Current |
| Manu Dhir Also directs: Stonex Trading Private Limited | Director | 26 Sep 2024 | 2 Years 0 Months | Current |
| Xuong Tho Nguyen | Director | 29 May 2019 | 7 Years 4 Months | Current |
Ownership and Shareholding of Snex Technology Services 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 Snex Technology Services Private Limited
Snex Technology Services Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Snex Technology Services Private Limited
Snex Technology Services Private Limited has 3 court cases on record: 1 filed by Snex Technology Services, 2 where it is another party. All cases are pending. Status as checked on 21 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 2 |
| District courts | 1 | 0 | 1 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Arbitration matter | Company is another party | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Pending |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Snex Technology Services Private Limited
Snex Technology Services operates one associated brand: INTL FCStone. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Customized financial services are offered to mid-market clients. | intlfcstone.com |
Employees and EPFO Compliance at Snex Technology Services Private Limited
Snex Technology Services Private Limited has a workforce of 422 employees as of Apr 05, 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.
Recent Activity on Snex Technology Services Private Limited
Snex Technology Services Private Limited has 10 board changes on record since 2019: 5 appointments and 5 cessations. The latest: Chandu Venugopal ceased to be Director on 20 Mar 2025.
1 earlier event is listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Snex Technology Services 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 Snex Technology Services 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 Snex Technology Services 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 Snex Technology Services Private Limited
Snex Technology Services has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCI2910M1ZD | Karnataka | Active | 17 Jul 2019 |
| 27AAFCI2910M1ZH | Maharashtra | Active | 01 Feb 2023 |
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 Snex Technology Services 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 Snex Technology Services Private Limited
Snex Technology Services is an active foreign private limited company based in Bangalore, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 29 May 2019 (7+ years old) and is registered under CIN U72900KA2019FTC124766.
Snex Technology Services reported revenue of ₹229.54 Cr for FY 2025 (up 66% YoY).
Snex Technology Services has 5 current directors:
- Abigail Hannah Perkins - Director
- Gregory Kallinikos - Director
- Stuart Andrew Sam Davison - Director
- Manu Dhir - Director
- Xuong Tho Nguyen - Director
Snex Technology Services reported a net profit of ₹30.87 Cr (net margin 13.4%) and EBITDA of ₹52.38 Cr (EBITDA margin 22.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Snex Technology Services is 58% over three years and 64% over five years. In the latest year (FY 2025) revenue rose 66%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Snex Technology Services is 29AAFCI2910M1ZD, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAFCI2910M1ZH (Maharashtra).
The CIN (Corporate Identification Number) of Snex Technology Services is U72900KA2019FTC124766. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Snex Technology Services has 3 court cases on record: 1 filed by the company. 3 are pending. Most are in the high courts.
Snex Technology Services was incorporated on 29 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Snex Technology Services by revenue are Cornerstone Ondemand Services India Private Limited, Cyberark Software (India) Private Limited, Openmind Software Private Limited, Jekson Vision Private Limited, Maq India Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Chandu Venugopal ceased to be Director on 20 Mar 2025. Manu Dhir was appointed as Director on 26 Sep 2024. Stuart Andrew Sam Davison was appointed as Director on 26 Sep 2024. Snex Technology Services has 10 board changes on record in total.