About Abb Global Industries and Services Private Limited
Data last updated:
Abb Global Industries and Services Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Abb Asea Brown Boveri Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 28 September 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2001PTC032179. Its GSTIN is 29AADCA3217B1Z8 (Karnataka). The company holds 9 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹370 Cr and a paid-up capital of ₹36.69 Cr. It was formerly known as Abb Global Industries and Services Limited and Abb Industrial It Development Center Limited. It is led by directors including Subba Rao Gvkote Nagaraja Rao Venkat (Whole-Time Director) and Sanjeev Sharma.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Disha – 3rd Floor Plot No. 5 & 6 2nd Stage Peenya Industrial Area IV Peenya, Bengaluru, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹2,752.87 Cr, a decline of 12% compared to the previous year. For the same year it recorded a net profit of ₹261.51 Cr (net margin 9.5%) and EBITDA of ₹506.69 Cr (EBITDA margin 18.4%). Revenue has grown at a compounded annual rate (CAGR) of 14% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has satisfied charges of ₹146.74 Cr on record. Court records list 19 cases involving the company, including 11 filed by the company and 8 filed against it; 3 cases are pending. The company has 8 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹277.7 Cr; the latest was in August 2020. Its 5 peer companies in the Consumer Services industry (IT Consulting and Services, Power Equipment Manufacturers, Professional Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 3 larger and 2 smaller; the largest is Aricent Technologies (Holdings) Limited with revenue of ₹2,857.7 Cr. The company has 29 MSME Form 1 returns on record between 2017 and 2023, listing 266 overdue payments to 37 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website abb.com.
Company details
Name history
Abb Global Industries and Services has undergone 4 name changes throughout its history. The current legal name is Abb Global Industries And Services Private Limited.
| Company Name | Status |
|---|---|
| Abb Global Industries and Services Private Limited | Current |
| Abb Global Industries And Services Limited | Previous |
| Abb Industrial It Development Center Limited | Previous |
| Abb Corporate Research Limited | Previous |
| Abb Global Services Limited | Previous |
CIN history
Abb Global Industries and Services has one previous CIN (Corporate Identification Number): U72200KA2001PLC032179. The current CIN is U72200KA2001PTC032179, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200KA2001PTC032179 | Current |
| U72200KA2001PLC032179 | Previous |
Contact details
Abb Global Industries and Services Private Limited's registered office is in Bengaluru, Karnataka. Its website is abb.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressDisha – 3rd Floor Plot No. 5 & 6 2nd Stage Peenya Industrial Area IV Peenya, Bengaluru, Karnataka, India – 560058
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Abb Global Industries and Services 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 activities of Abb Global Industries and Services are information and communication and professional, scientific and technical. In detail, this covers computer programming, consultancy and related activities and architecture, engineering activities, technical testing and analysis activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | |
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Abb Global Industries and Services Private Limited, buy the company report.
Financials of Abb Global Industries and Services Private Limited
FY 2024 filings availableAbb Global Industries and Services Private Limited reported revenue of ₹2,752.87 Cr (down 12% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 12% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA fell 10% 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 |
|---|---|---|---|---|---|
| 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 | ₹506.69 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹261.51 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.4% | ||||
| Net Profit Margin | 9.5% | ||||
| 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 | |||||
To see the full financial statements and ratios of Abb Global Industries and Services Private Limited, buy the company report.
Board of directors and KMP of Abb Global Industries and Services Private Limited
Abb Global Industries and Services Private Limited currently reports 3 directors and 1 key managerial person. 25 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Sharma | Director | 23 Mar 2016 | 10 Years 7 Months | Current |
| Sridhar Krishnaswamy Tyagavalli | Director | 23 Mar 2016 | 10 Years 7 Months | Current |
| Subba Rao Gvkote Nagaraja Rao Venkat | Whole-Time Director | 29 Jul 2020 | 6 Years 3 Months | Current |
| Sunil Laxman Naik | Company Secretary | 07 Feb 2022 | 4 Years 9 Months | Current |
Peer comparison
Abb Global Industries and Services Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Services industry (IT Consulting and Services, Power Equipment Manufacturers, Professional Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Aricent Technologies (Holdings) Limited | ₹2,857.7 Cr (FY 2022) | 9.0% | Navi Mumbai, Maharashtra, India | |||
| Target Corporation India Private Limited | ₹2,791.3 Cr (FY 2025) | 18.0% | Bangalore, Karnataka, India | |||
| Ca (India) Technologies Private Limited | ₹2,770.93 Cr (FY 2025) | 32.0% | Bangalore, Karnataka, India | |||
| Abb Global Industries and Services Private Limitedthis company | ₹2,752.87 Cr (FY 2025) | ₹261.51 Cr | 9.5% | -12.0% | Bengaluru, Karnataka, India | |
| Hitachi Systems India Private Limited | ₹2,724.03 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Tesco Bengaluru Private Limited | ₹2,691.1 Cr (FY 2025) | 16.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Abb Global Industries and Services Private Limited, buy the company report.
Auditor
Abb Global Industries and Services Private Limited is audited by For B S R & Co. LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| For B S R & Co. LLP | FY 2022 | 101248W/W-100022 |
Shareholding
The shareholding of Abb Global Industries and Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Abb Global Industries and Services Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Oct 2005 | 80023408 | Exportimportbankofindia | ₹10 Cr | Satisfied | |
| 09 Feb 2005 | 80026045 | Idbi Bank Ltd | ₹6.75 Cr | Satisfied | |
| 09 Mar 1990 | 80011134 | State Bank of India | ₹43.33 Cr | Satisfied | |
| 09 Mar 1990 | 80036100 | State Bank of India | ₹43.33 Cr | Satisfied | |
| 09 Mar 1990 | 80011135 | State Bank of India | ₹43.33 Cr | Satisfied |
To see the full charge records of Abb Global Industries and Services Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Abb Global Industries and Services Private Limited has 8 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹277.7 Cr; the latest was in August 2020.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Aug 2020 | Rights issue | ₹230 Cr | Investors: ABB ASEA Brown Boveri Limited |
| Sep 2016 | Secondary share transfer | Undisclosed | Seller: ABB ASEA Brown Boveri Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Seller: ABB ASEA Brown Boveri Limited |
| Mar 2011 | Secondary share transfer | Undisclosed | Seller: ABB ASEA Brown Boveri Limited |
| Mar 2011 | Acquisition | ₹394.23 Cr | Buyer: Abb India Limited Seller: ABS Global Industries and Services Ltd. |
To see the full deal history of Abb Global Industries and Services Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Abb Global Industries and Services Private Limited has 19 court cases on record: 11 filed by Abb Global Industries and Services, 8 filed against it. 3 cases are pending and 16 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 1 | 1 |
| District courts | 7 | 7 | 2 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Court case (Cri.Rev.App.) | Filed against the company by an individual | Pending |
| High Court | Writ petition | Filed by the company against The Additional Commissioner of Commercial Taxes | Pending |
| District court, South East, Delhi | Civil suit | Filed against the company by an individual | Pending |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
| High Court of Karnataka | Appeal | Filed against the company by Union of India | Disposed |
To see the full case history of Abb Global Industries and Services 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.
Credit ratings & regulatory alerts
Abb Global Industries and Services Private Limited was last rated by Crisil on 29 May 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 29 May 2020 |
To see the full credit ratings and regulatory alerts of Abb Global Industries and Services Private Limited, buy the company report.
MSME payment delays
Abb Global Industries and Services Private Limited has 29 MSME Form 1 returns on record between 2017 and 2023, listing 266 overdue payments to 37 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 37)
To see the full MSME payment records of Abb Global Industries and Services Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Abb Global Industries and Services has 1 subsidiary company. This group structure data is as of FY 2022. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Abb Global Business Services and Contracting India Private Limited | U74999KA2018PTC114315 |
To see the full group structure of Abb Global Industries and Services Private Limited, buy the company report.
GST
Abb Global Industries and Services has 9 GST registrations: 5 active and 4 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCA3217B1Z8 | Karnataka | Active | 01 Jul 2017 |
| 33AADCA3217B1ZJ | Tamil Nadu | Active | 01 Jul 2017 |
| 24AADCA3217B2ZH | Gujarat | Active | 07 Dec 2017 |
| 36AADCA3217B1ZD | Telangana | Active | 10 Sep 2018 |
To see the full GST registrations and return filing status of Abb Global Industries and Services Private Limited, buy the company report.
Recent activity
Abb Global Industries and Services Private Limited has 27 board changes on record since 2008: 4 appointments and 23 cessations. The latest: Sanjeev Sharma ceased to be Managing Director on 23 Feb 2022.
31 earlier events are in the company report.
News
Frequently asked questions
Abb Global Industries and Services is an active private limited company based in Bengaluru, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 28 September 2001 (25+ years old) and is registered under CIN U72200KA2001PTC032179.
Abb Global Industries and Services has 4 current directors and KMP:
- Subba Rao Gvkote Nagaraja Rao Venkat - Whole-Time Director
- Sanjeev Sharma - Director
- Sridhar Krishnaswamy Tyagavalli - Director
- Sunil Laxman Naik - Company Secretary
The latest financial statements of Abb Global Industries and Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Abb Global Industries and Services is 29AADCA3217B1Z8, registered in Karnataka. The company has 9 GST registrations in all, of which 5 are active and 4 are cancelled or inactive. Other active GSTINs include 33AADCA3217B1ZJ (Tamil Nadu), 24AADCA3217B2ZH (Gujarat), 36AADCA3217B1ZD (Telangana).
The CIN (Corporate Identification Number) of Abb Global Industries and Services is U72200KA2001PTC032179. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Abb Global Industries and Services has 19 court cases on record: 11 filed by the company and 8 filed against it. 3 are pending. Most are in the high courts.
Abb Global Industries and Services was incorporated on 28 September 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.
Abb Global Industries and Services has 8 deals on record (3 funding rounds, 3 secondary share transfers, 1 rights issue), with disclosed funding of ₹277.7 Cr; the latest was in August 2020.
The peers of Abb Global Industries and Services by revenue are Aricent Technologies (Holdings) Limited, Target Corporation India Private Limited, Ca (India) Technologies Private Limited, Hitachi Systems India Private Limited, Tesco Bengaluru Private Limited, all in the Consumer Services industry (IT Consulting and Services, Power Equipment Manufacturers, Professional Services), with the same principal business activity (computer programming, consultancy and related activities).
Sanjeev Sharma ceased to be Managing Director on 23 Feb 2022. Sunil Laxman Naik was appointed as Company Secretary on 07 Feb 2022. Sudhir Banerjee ceased to be Whole-Time Director on 28 Jun 2021. Abb Global Industries and Services has 27 board changes on record in total.
Abb Global Industries and Services has 29 MSME Form 1 returns on record between 2017 and 2023, listing 266 overdue payments to 37 micro and small suppliers. The latest return was filed on 19 Dec 2023.
Abb Global Industries and Services can be reached through the website abb.com. Its registered office is in Bengaluru, Karnataka, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
