Aziro Technologies India Private Limited

Aziro Technologies India Private Limited - information technology in Chennai, Tamil Nadu, India. FY 2026 financials & compliance.
CIN U72900TN2006PTC061888 Incorporated 28 December 2006 ROC Chennai HQ Chennai, Tamil Nadu, India
Active Private Limited Company information technology MSME
Data last updated
Revenue · FY 2025
₹322.86 Cr
▲ 11% YoY
Net loss · FY 2025
₹1.35 Cr
Net margin -0.4%
EBITDA · FY 2025
₹8.4 Cr
EBITDA margin 2.6%
Authorised capital
₹2.35 Cr
Registered with MCA
Paid-up capital
₹2.07 Cr
Issued & subscribed
Open charges
₹91.06 Cr
Satisfied ₹55 Lakh
Company age
20 yrs
Est. 2006
Employees · EPFO
1,449
Provident fund records

About Aziro Technologies India Private Limited

Data last updated:

Aziro Technologies India Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 28 December 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2006PTC061888. Its GSTIN is 33AAECM9135F1ZL (Tamil Nadu). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹2.35 Cr and a paid-up capital of ₹2.07 Cr. It was formerly known as Mastersys Tech Private Limited. It is led by directors Vineet Sehgal and Sanjay Sehgal.

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 Chennai, Tamil Nadu.

As per the financials filed for FY 2025, the company reported a revenue of ₹322.86 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹1.35 Cr (net margin -0.4%) and EBITDA of ₹8.4 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 20% over five years.

The company has about 1,449 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 1 brand: MSys Technologies. As per MCA filings, the company has open charges of ₹91.06 Cr and satisfied charges of ₹55 Lakh on record. Court records list 2 cases involving the company, including 2 filed against it; 1 case is pending. The company has 4 deals on record (4 secondary share transfers); the latest was in July 2018.

Aziro Technologies India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-TN-02-0021885). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website msystechnologies.com.

Company details

CIN U72900TN2006PTC061888
Registration Number 061888
Incorporation Date 28 December 2006
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification MSME
Udyam Registration UDYAM-TN-02-0021885

Name history

Aziro Technologies India has undergone 2 name changes throughout its history. The company was previously known as Mastersys Tech Private Limited, and Aziro Technologies India Private Limited. The current legal name is Aziro Technologies India Private Limited.

Company NameStatus
Aziro Technologies India Private LimitedCurrent
Mastersys Tech Private LimitedPrevious
Key People
Vineet Sehgal Director Sanjay Sehgal Director

Recognitions & Rankings of Aziro Technologies India

MSME (Udyam registered) Ministry of MSME
Udyam number
UDYAM-TN-02-0021885

Contact details

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

  • Email
  • Telephone
  • Website
    msystechnologies.com
  • Social Media
  • Registered Address
    Asv Chandilya Towers 8th Floor No: 5/397 Rajiv Gandhi Salai Thoraipakk, Am, Chennai, Tamil Nadu, India – 600096
  • Industry
    Information Technology, Application Development & Software Solutions

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

Comprehensive company report
Aziro Technologies India 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
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Secure checkout · GST invoice included

Brands

Aziro Technologies India operates one associated brand: MSys Technologies. Each brand links to its own profile.

BrandDescriptionWebsite
MSys Technologies
Provides software engineering, digital transformation, cloud computing, and DevOps services to businesses globally.msystechnologies.com

Business activity

The main business activity of Aziro Technologies India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
MProfessional, Scientific and TechnicalM9Other professional, scientific and technical activities

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

Financials of Aziro Technologies India Private Limited

FY 2024 filings available

Aziro Technologies India Private Limited reported revenue of ₹322.86 Cr (up 11% YoY) for FY 2025.

Revenue · FY 2025
₹322.86 Cr ▲ 11%
Net loss · FY 2025
₹1.35 Cr margin -0.4%
EBITDA · FY 2025
₹8.4 Cr margin 2.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 10%
5 years · compounded
▲ 20%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▼ 45%
5 years · compounded
▼ 19%

Revenue has grown at a compounded annual rate (CAGR) of 20% over five years, including 11% growth in the latest year. EBITDA rose 29% 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₹8.4 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.35 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 Margin2.6%
Net Profit Margin-0.4%
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

To see the full financial statements and ratios of Aziro Technologies India Private Limited, buy the company report.

Board of directors of Aziro Technologies India Private Limited

Aziro Technologies India has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Vineet Sehgal
Also directs: Aroha Estates LLP, Gophers Lab Technologies Private Limited, Imaster Land Developers Private Limited
Director28 Dec 200619 Years 10 MonthsCurrent
Sanjay Sehgal
Also directs: Aroha Estates LLP, Gophers Lab Technologies Private Limited
Director04 Jul 200917 Years 3 MonthsCurrent
View all directors

Auditor

Aziro Technologies India Private Limited is audited by B.P.R.V & Co., LLP for the financial year 2023.

Auditor firmFinancial yearFirm registration number
B.P.R.V & Co., LLPFY 2023S000087

Shareholding

The shareholding of Aziro Technologies India 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 Aziro Technologies India Private Limited, buy the company report.

Charges & borrowings

Open charges
₹91.06 Cr
Satisfied charges
₹55 Lakh
Breakdown by lending institutions
Hdfc Bank Limited₹91.06 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
13 Jun 2024100937028Hdfc Bank Limited₹1.31 CrOpen
25 Apr 2018100177084Hdfc Bank Limited₹33 CrOpen
19 Aug 2016100053989Hdfc Bank Limited₹56.75 CrOpen
30 Jan 201310410883Hdfc Bank Limited₹55 LakhSatisfied

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

Total charge records: 4 View all charges

Deals & funding

Aziro Technologies India Private Limited has 4 deals on record (4 secondary share transfers); the latest was in July 2018.

Total deals
4
Secondary share transfers
4

Deals on record (4 of 4)

WhenDealAmountParties
Jul 2018Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2010Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2010Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2009Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

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 Aziro Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Aziro Technologies India has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Mobinius Technologies Private LimitedU73200KA2011PTC060581

To see the full group structure of Aziro Technologies India Private Limited, buy the company report.

Employees & EPFO

Aziro Technologies India Private Limited has a workforce of 1,449 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.

Employee count
1,449
Active EPFO establishments
1
Employee growth
-9.44%

GST

Aziro Technologies India has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
33AAECM9135F1ZLTamil NaduActive01 Jul 2017
27AAECM9135F1ZEMaharashtraActive01 Jul 2017
29AAECM9135F1ZAKarnatakaActive01 Jul 2017

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

Recent activity

Aziro Technologies India Private Limited has 5 board changes on record since 2006: 2 appointments and 3 cessations. The latest: Om Prakash Sehgal ceased to be Director on 30 May 2018.

AGM
Aziro Technologies India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.31 Cr with Charge ID 100937028 was registered on 13 Jun 2024.
Filing
Aziro Technologies India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
Charges
A charge with Hdfc Bank Limited of Rs. 56.75 Cr registered on 19 Aug 2016 with Charge ID 100053989 was modified on 06 Jan 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 33.00 Cr registered on 25 Apr 2018 with Charge ID 100177084 was modified on 22 Dec 2022.
Ceased
Om Prakash Sehgal ceased to be Director.
Charges
A charge registered on 30 Jan 2013 via Charge ID 10410883 with Hdfc Bank Limited was fully satisfied on 26 Apr 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 33.00 Cr with Charge ID 100177084 was registered on 25 Apr 2018.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 56.75 Cr with Charge ID 100053989 was registered on 19 Aug 2016.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.55 Cr with Charge ID 10410883 was registered on 30 Jan 2013.
Ceased
Vijay Kodangal Krishna ceased to be Director.
Ceased
Sanjay Sehgal ceased to be Additional Director.

3 earlier events are in the company report.

News

Frequently asked questions

Aziro Technologies India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 28 December 2006 (20+ years old) and is registered under CIN U72900TN2006PTC061888.

Aziro Technologies India has 2 current directors:

The latest financial statements of Aziro Technologies India 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 Aziro Technologies India is 33AAECM9135F1ZL, registered in Tamil Nadu. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 27AAECM9135F1ZE (Maharashtra), 29AAECM9135F1ZA (Karnataka).

The CIN (Corporate Identification Number) of Aziro Technologies India is U72900TN2006PTC061888. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Aziro Technologies India has 2 court cases on record: 2 filed against it. 1 is pending.

Aziro Technologies India was incorporated on 28 December 2006, making it 20+ years old. It is registered with the Registrar of Companies, Chennai.

Aziro Technologies India has 4 deals on record (4 secondary share transfers); the latest was in July 2018.

Om Prakash Sehgal ceased to be Director on 30 May 2018. Vijay Kodangal Krishna ceased to be Director on 01 Mar 2010. Sanjay Sehgal ceased to be Additional Director on 29 Sep 2009. Aziro Technologies India has 5 board changes on record in total.

Yes, Aziro Technologies India is registered as an MSME under Udyam registration (number: UDYAM-TN-02-0021885).