About Aegis Limited
Data last updated:
Aegis Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the business process outsourcing sector. It was incorporated on 07 January 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U99999MH1992PLC064767. Its GSTIN is 20AAACE8354Q1ZE (Jharkhand). The company holds 21 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10,100 Cr and a paid-up capital of ₹282.73 Cr. It was formerly known as Cellular Holdings (India) Limited and Essar Terminals Limited. It is led by directors including Rahul Taneja and Ashish Vijay Kumar Rajgarhia.
Its last annual general meeting (AGM) was held on 31 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Essar House 11K K Marg Mahalxmi, Mumbai, Maharashtra, India – 400034.
As per the financials filed for FY 2023, the company reported a revenue of ₹6.49 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹1.02 Cr (net margin -15.8%) and EBITDA of -₹8.2 Lakh (EBITDA margin -1.3%). Revenue has declined at a compounded annual rate (CAGR) of 27% over three years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹750.36 Cr and satisfied charges of ₹1,627.63 Cr on record. Court records list 39 cases involving the company, including 15 filed by the company and 24 filed against it; 8 cases are pending. The company has 14 deals on record (7 secondary share transfers, 7 funding rounds), with disclosed funding of ₹2,585.6 Cr; the latest was in March 2020. Its 5 peer companies in the Outsourcing industry (Diversified BPO), with the same principal business activity (other information & communication service activities) are compared by revenue, 3 larger and 2 smaller; the largest is Dyne Infotech Private Limited with revenue of ₹6.55 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website aegisglobal.com.
Company details
Name history
Aegis has undergone 4 name changes throughout its history. The current legal name is Aegis Limited.
| Company Name | Status |
|---|---|
| Aegis Limited | Current |
| Cellular Holdings (India) Limited | Previous |
| Essar Terminals Limited | Previous |
| Aegis Bpo Services Limited | Previous |
| Telequest (India) Limited | Previous |
CIN history
Aegis has one previous CIN (Corporate Identification Number): L99999MH1992PLC064767. The current CIN is U99999MH1992PLC064767, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U99999MH1992PLC064767 | Current |
| L99999MH1992PLC064767 | Previous |
Contact details
Aegis Limited's registered office is in Mumbai, Maharashtra. Its website is aegisglobal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressEssar House 11K K Marg Mahalxmi, Mumbai, Maharashtra, India – 400034
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Aegis 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
Financials of Aegis Limited
FY 2024 filings availableAegis Limited reported revenue of ₹6.49 Cr (up 324600% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over three years. EBITDA rose 86% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹8.2 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.02 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.3% | ||||
| Net Profit Margin | -15.8% | ||||
| 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 Aegis Limited, buy the company report.
Board of directors of Aegis Limited
Aegis has 3 current directors and 33 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Taneja Also directs: Essar Capital Advisory India Private Limited, Nubai Metals Advisory Private Limited, Airblu Aviation Private Limited and 5 more | Director | 22 Dec 2020 | 5 Years 10 Months | Current |
| Ashish Vijay Kumar Rajgarhia Also directs: Essar Agrotech Limited, Hazira LNG Private Limited, Essar Ports & Logistics Limited and 5 more | Director | 20 May 2019 | 7 Years 5 Months | Current |
| Somashekhar Basavaraj Malagi Also directs: Abhinand Ventures Private Limited | Director | 22 Dec 2021 | 4 Years 10 Months | Current |
Peer comparison
Aegis Limited is compared with the 5 companies closest to it by revenue in the Outsourcing industry (Diversified BPO), with the same principal business activity (other information & communication service activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dyne Infotech Private Limited | ₹6.55 Cr (FY 2024) | 2.0% | Thane, Maharashtra, India | |||
| Ixora Global Services Private Limited | ₹6.5 Cr (FY 2024) | 13.0% | Hyderabad, Telangana, India | |||
| 411 Locals BPO Private Limited | ₹6.49 Cr (FY 2025) | 19.0% | Bengaluru, Karnataka, India | |||
| Aegis Limitedthis company | ₹6.49 Cr (FY 2023) | -₹1.02 Cr | -15.8% | 324600.0% | 1 | Mumbai, Maharashtra, India |
| Smile Groups Private Limited | ₹6.49 Cr (FY 2024) | 29.0% | Chennai, Tamil Nadu, India | |||
| Athena Call Centre Services Private Limited | ₹6.46 Cr (FY 2025) | 4.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Aegis Limited, buy the company report.
Auditor
Aegis Limited is audited by DKSK & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DKSK & CO. | FY 2022 | 017224S |
Shareholding
The shareholding of Aegis 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 Aegis Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Mar 2025 | 101165755 | Others | ₹450 Cr | Open | |
| 19 May 2015 | 10569187 | Export-Import Bank of India | ₹206.98 Cr | Open | |
| 25 Feb 2008 | 10096952 | Yes Bank Limited | ₹91 Cr | Open | |
| 01 Jun 2004 | 90385077 | State Bank of India | ₹50 Lakh | Open | |
| 16 Feb 2004 | 90381419 | The Karur Vysya Bank Ltd. | ₹3.49 Lakh | Open |
To see the full charge records of Aegis Limited, buy the company report.
Total charge records: 28 View all charges
Deals & funding
Aegis Limited has 14 deals on record (7 secondary share transfers, 7 funding rounds), with disclosed funding of ₹2,585.6 Cr; the latest was in March 2020.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Essar Steel Metal Trading Limited Seller: AGC Holdings Limited |
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: Edwell Infrastructure Hazira Limited Seller: Atubha Tech Limited |
| Dec 2014 | Secondary share transfer | Undisclosed | Buyer: AGC Holdings Limited Seller: Swift Response INC NJ USA |
| Aug 2013 | Secondary share transfer | Undisclosed | Buyer: Atubha Tech Limited Seller: Black Box Limited |
| Mar 2013 | Secondary share transfer | Undisclosed | Buyer: Imperial Consultants and Securities Limited Seller: an individual |
To see the full deal history of Aegis 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
Aegis Limited has 39 court cases on record: 15 filed by Aegis, 24 filed against it. 8 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 27 | 12 | 5 |
| District courts | 10 | 10 | 1 |
| Supreme Court | 1 | 1 | 1 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 39)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by Essar Bulk Terminal Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Axis Bank Limited | Pending |
| Bombay High Court | Commercial suit | Filed against the company by Central Bank of India | Disposed |
| High Court, MAHARASHTRA | Tax appeal | Filed against the company by PR. Commissioner of Income Tax-6, Mumbai | Pending |
| Bombay High Court | Tax appeal | Filed against the company by The Pr.Commissioner of Income Tax-6 | Pending |
To see the full case history of Aegis 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
No delayed payments to MSME suppliers are on our record for Aegis Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aegis Limited has a workforce of 1 employees on its EPFO records as of Aug 21, 2024, across 1 active EPFO establishment.
GST
Aegis has 21 GST registrations: 1 active and 20 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 20AAACE8354Q1ZE | Jharkhand | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Aegis Limited, buy the company report.
Recent activity
Aegis Limited has 32 board changes on record since 2007: 3 appointments and 29 cessations. The latest: Somashekhar Basavaraj Malagi ceased to be Additional Director on 31 Dec 2021.
78 earlier events are in the company report.
News
Frequently asked questions
Aegis is an active public limited company based in Mumbai, Maharashtra, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 07 January 1992 (34+ years old) and is registered under CIN U99999MH1992PLC064767.
Aegis has 3 current directors:
- Rahul Taneja - Director
- Ashish Vijay Kumar Rajgarhia - Director
- Somashekhar Basavaraj Malagi - Director
The latest financial statements of Aegis on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Aegis is 20AAACE8354Q1ZE, registered in Jharkhand. The company has 21 GST registrations in all, of which 1 is active and 20 are cancelled or inactive.
The CIN (Corporate Identification Number) of Aegis is U99999MH1992PLC064767. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aegis has 39 court cases on record: 15 filed by the company and 24 filed against it. 8 are pending. Most are in the high courts.
Aegis was incorporated on 07 January 1992, making it 34+ years old. It is registered with the Registrar of Companies, Mumbai.
Aegis has 14 deals on record (7 secondary share transfers, 7 funding rounds), with disclosed funding of ₹2,585.6 Cr; the latest was in March 2020.
The peers of Aegis by revenue are Dyne Infotech Private Limited, Ixora Global Services Private Limited, 411 Locals BPO Private Limited, Smile Groups Private Limited, Athena Call Centre Services Private Limited, all in the Outsourcing industry (Diversified BPO), with the same principal business activity (other information & communication service activities).
Somashekhar Basavaraj Malagi ceased to be Additional Director on 31 Dec 2021. Kailash Daulatani Tahkandas ceased to be Additional Director on 22 Dec 2021. Somashekhar Basavaraj Malagi was appointed as Director on 22 Dec 2021. Aegis has 32 board changes on record in total.
Aegis can be reached through the website aegisglobal.com. Its registered office is in Mumbai, Maharashtra, 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.
