Acqueon Technologies Private Limited

Acqueon Technologies Private Limited - business outsourcing in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U29309TN1991PTC020805 Incorporated 14 May 1991 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company business outsourcing MSME
Revenue · FY 2025
₹180.79 Cr
▼ 6% YoY
Net profit · FY 2025
₹50.82 Cr
Net margin 28.1%
EBITDA · FY 2025
₹65.68 Cr
EBITDA margin 36.3%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹12.69 Cr
Issued & subscribed
Open charges
₹13.2 Cr
Satisfied ₹128.81 Cr
Company age
35 yrs
Est. 1991
Employees · EPFO
305
Provident fund records

About Acqueon Technologies Private Limited

Data last updated:

Acqueon Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Acqueon Inc (Formerly Known As Acqueon Lower Holding Inc.). It operates in the business process outsourcing sector. It was incorporated on 14 May 1991 and has been in existence for over 35 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U29309TN1991PTC020805. Its GSTIN is 33AAACI0947F1ZZ (Tamil Nadu). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹12.69 Cr. It was formerly known as Acqueon Technologies Limited and Computers and Instrumentation Tek (India) Private Limited. It is led by directors Susairaj Ashokraj (Whole-Time Director) and Blair Anthony Habuda.

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 No.4/600 & No.4/197 7th Street Dr.Vsi Estate Phase II Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041.

As per the financials filed for FY 2025, the company reported a revenue of ₹180.79 Cr, a decline of 6% compared to the previous year. For the same year it recorded a net profit of ₹50.82 Cr (net margin 28.1%) and EBITDA of ₹65.68 Cr (EBITDA margin 36.3%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 19% over five years.

The company has about 305 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Acqueon and Servion. As per MCA filings, the company has open charges of ₹13.2 Cr and satisfied charges of ₹128.81 Cr on record. Court records list 13 cases involving the company, including 11 filed by the company and 2 filed against it; 3 cases are pending. The company has 22 deals on record (15 secondary share transfers, 6 funding rounds, 1 acquisition), with disclosed funding of ₹88.46 Cr; the latest was in March 2023. Its 4 peer companies in the Outsourcing industry (Diversified BPO, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 2 smaller; the largest is Accion Labs India Private Limited with revenue of ₹182.46 Cr.

Acqueon Technologies Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-02-0138678). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website acqueon.com.

Company details

CIN U29309TN1991PTC020805
Registration Number 020805
Incorporation Date 14 May 1991
ROC Chennai
Listing Status Unlisted
Company Status Active
Parent Company Acqueon Inc (Formerly Known As Acqueon Lower Holding Inc.)
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TN-02-0138678

Name history

Acqueon Technologies has undergone 5 name changes throughout its history. The current legal name is Acqueon Technologies Private Limited.

Company NameStatus
Acqueon Technologies Private LimitedCurrent
Acqueon Technologies LimitedPrevious
Computers And Instrumentation Tek (India) Private LimitedPrevious
Servion T Global Solutions LimitedPrevious
Intercontinental Software Systems Private LimitedPrevious
Servion Global Solutions LimitedPrevious

CIN history

Acqueon Technologies has one previous CIN (Corporate Identification Number): U29309TN1991PLC020805. The current CIN is U29309TN1991PTC020805, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U29309TN1991PTC020805Current
U29309TN1991PLC020805Previous

Recognitions & Rankings of Acqueon Technologies

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-TN-02-0138678

Contact details

Acqueon Technologies Private Limited's registered office is in Chennai, Tamil Nadu. Its website is acqueon.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    No.4/600 & No.4/197 7th Street Dr.Vsi Estate Phase II Thiruvanmiyur, Chennai, Tamil Nadu, India – 600041
  • Industry
    Business Outsourcing, Business Process Outsourcing

To see the full contact details of Acqueon Technologies Private Limited, buy the company report.

Comprehensive company report
Acqueon Technologies Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Acqueon Technologies operates two associated brands: Acqueon and Servion. Each brand links to its own profile.

BrandDescriptionWebsite
Contact Center solution provideracqueon.com
Platforms-led customer experience solutions are delivered across multiple channels.servion.com

Business activity

The main business activity of Acqueon Technologies is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Acqueon Technologies Private Limited, buy the company report.

Financials of Acqueon Technologies Private Limited

FY 2024 filings available

Acqueon Technologies Private Limited reported revenue of ₹180.79 Cr (down 6% YoY) for FY 2025.

Revenue · FY 2025
₹180.79 Cr ▼ 6%
Net profit · FY 2025
₹50.82 Cr margin 28.1%
EBITDA · FY 2025
₹65.68 Cr margin 36.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 6%
3 years · compounded
▲ 15%
5 years · compounded
▼ 19%
EBITDA CAGR growth
1 year
▲ 43%
3 years · compounded
▲ 107%
5 years · compounded
▲ 49%

Revenue has declined at a compounded annual rate (CAGR) of 19% over five years, including a 6% fall in the latest year. EBITDA rose 43% 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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₹65.68 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)₹50.82 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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin36.3%
Net Profit Margin28.1%
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 Acqueon Technologies Private Limited, buy the company report.

Board of directors and KMP of Acqueon Technologies Private Limited

Acqueon Technologies Private Limited currently reports 2 directors and 1 key managerial person. 32 former directors have served the organization.

Current Directors and KMP
NameDesignationAppointment DateTenureStatus
Susairaj AshokrajWhole-Time Director30 Sep 20242 Years 1 MonthsCurrent
Amit GargCfo01 Apr 20224 Years 7 MonthsCurrent
Blair Anthony HabudaAdditional Director24 Mar 20251 Years 7 MonthsCurrent

Peer comparison

Acqueon Technologies Private Limited is compared with the 4 companies closest to it by revenue in the Outsourcing industry (Diversified BPO, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Accion Labs India Private Limited₹182.46 Cr (FY 2020)34.0%Mumbai, Maharashtra, India
Mobily Infotech India Private Limited₹181.81 Cr (FY 2025)56.0%Bangalore, Karnataka, India
Acqueon Technologies Private Limitedthis company₹180.79 Cr (FY 2025)₹50.82 Cr28.1%-6.0%305Chennai, Tamil Nadu, India
Msource (India) Private Limited₹177.98 Cr (FY 2025)-3.0%Bangalore, Karnataka, India
Netlink Software Private Limited₹177.15 Cr (FY 2025)21.0%Mandideep, Madhya Pradesh, India

To see the full peer comparison of Acqueon Technologies Private Limited, buy the company report.

Auditor

Acqueon Technologies Private Limited is audited by M/s B S R & Co LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
M/s B S R & Co LLPFY 2023101248W

Shareholding

The shareholding of Acqueon Technologies 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 categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Acqueon Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹13.2 Cr
Satisfied charges
₹128.81 Cr
Breakdown by lending institutions
Vysya Bank Limited₹4.00 Cr
The Vysya Bank Limited₹4.00 Cr
M/S Global Trust Bank Limited₹2.80 Cr
First Leasing Company of India Limited₹1.00 Cr
Bank of Baroda₹0.70 Cr
Others₹0.70 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
22 Feb 201110267943First Leasing Company of India Limited₹1 CrOpen
05 Nov 200190302174Vysya Bank Limited₹4 CrOpen
05 Nov 200190302827The Vysya Bank Limited₹4 CrOpen
03 Feb 200090302770M/S Global Trust Bank Limited₹2.5 CrOpen
11 Aug 199790302699M/S Global Trust Bank Limited₹30 LakhOpen

To see the full charge records of Acqueon Technologies Private Limited, buy the company report.

Total charge records: 19 View all charges

Deals & funding

Acqueon Technologies Private Limited has 22 deals on record (15 secondary share transfers, 6 funding rounds, 1 acquisition), with disclosed funding of ₹88.46 Cr; the latest was in March 2023.

Total deals
22
Secondary share transfers
15
Funding rounds
6
Acquisition
1
Disclosed funding
₹88.46 Cr

Deals on record (5 of 22)

WhenDealAmountParties
Mar 2015Acquisition₹30.41 CrBuyer: Everstone Capital Management
Seller: Apana Buildcon Private Limited , Florida Properties Private Limited , 2 individuals
Dec 2011Secondary share transferUndisclosedBuyer: Apana Buildcon Private Limited
Seller: Sansar Capital
Oct 2011Secondary share transferUndisclosedBuyer: Apana Buildcon Private Limited
Seller: Sansar Capital, GMG Capital Partners
Apr 2011Funding round₹12.68 CrInvestors: Apana Buildcon Private Limited , Basil Partners
Sep 2004Funding round₹9.09 CrInvestors: Sansar Capital, Florida Properties Private Limited , 2 individuals

To see the full deal history of Acqueon Technologies Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Acqueon Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Acqueon Technologies Private Limited has a workforce of 305 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
305
Active EPFO establishments
1
Employee growth
33.8%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-27305
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Acqueon Technologies Private Limited, buy the company report.

GST

Acqueon Technologies has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
33AAACI0947F1ZZTamil NaduActive01 Jul 2017
27AAACI0947F1ZSMaharashtraActive01 Jul 2017
29AAACI0947F1ZOKarnatakaActive01 Jul 2017
29AAACI0947F2ZNKarnatakaActive23 Jul 2024

To see the full GST registrations and return filing status of Acqueon Technologies Private Limited, buy the company report.

Recent activity

Acqueon Technologies Private Limited has 33 board changes on record since 2007: 4 appointments and 29 cessations. The latest: Blair Anthony Habuda was appointed as Additional Director on 24 Mar 2025.

Appointed
Blair Anthony Habuda was appointed as Additional Director.
AGM
Acqueon Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Appointed
Susairaj Ashokraj was appointed as Whole-Time Director.
Ceased
Susairaj Ashokraj ceased to be Additional Director.
Ceased
Krishnamurthy Murali ceased to be Company Secretary.
Filing
Acqueon Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Ceased
Amit Garg ceased to be Additional Director.
Ceased
Suresh Choithram Vaswani ceased to be Director.
Ceased
Koul Ashish ceased to be Additional Director.
Appointed
Koul Ashish was appointed as Director.
Charges
A charge registered on 18 Mar 2015 via Charge ID 10562602 with Others was fully satisfied on 12 Jul 2022.
Appointed
Amit Garg was appointed as CFO.

63 earlier events are in the company report.

Frequently asked questions

Acqueon Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 14 May 1991 (35+ years old) and is registered under CIN U29309TN1991PTC020805.

Acqueon Technologies has 3 current directors and KMP:

The latest financial statements of Acqueon Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Acqueon Technologies is 33AAACI0947F1ZZ, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAACI0947F1ZS (Maharashtra), 29AAACI0947F1ZO (Karnataka), 29AAACI0947F2ZN (Karnataka).

The CIN (Corporate Identification Number) of Acqueon Technologies is U29309TN1991PTC020805. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Acqueon Technologies has 13 court cases on record: 11 filed by the company and 2 filed against it. 3 are pending. Most are in the high courts.

Acqueon Technologies was incorporated on 14 May 1991, making it 35+ years old. It is registered with the Registrar of Companies, Chennai.

Acqueon Technologies has 22 deals on record (15 secondary share transfers, 6 funding rounds, 1 acquisition), with disclosed funding of ₹88.46 Cr; the latest was in March 2023.

The peers of Acqueon Technologies by revenue are Accion Labs India Private Limited, Mobily Infotech India Private Limited, Msource (India) Private Limited, Netlink Software Private Limited, all in the Outsourcing industry (Diversified BPO, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).

Blair Anthony Habuda was appointed as Additional Director on 24 Mar 2025. Susairaj Ashokraj was appointed as Whole-Time Director on 30 Sep 2024. Susairaj Ashokraj ceased to be Additional Director on 27 Aug 2024. Acqueon Technologies has 33 board changes on record in total.

Yes, Acqueon Technologies is registered as an MSME under Udyam registration (number: UDYAM-TN-02-0138678).