Cancun Systems India Private Limited - Company Profile

It is a business services foreign private limited company based in Chennai, Tamil Nadu, India, established in 2017.

2017 Chennai, Tamil Nadu, India Active

Last Updated: February 19, 2026

About Cancun Systems India Private Limited

Cancun Systems India Private Limited, a active foreign private limited company, was established on 14 July 2017 in Chennai, Tamil Nadu, India. Engaging in miscellaneous business activities within the business services sector, it holds CIN: U74999TN2017FTC117565. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.10 M.

It upholds a active non-compliant status. Its leadership includes Rajeev Sushilkumar Handa (Director), Sudesh Sushilkumar Handa (Additional Director), Kumar Narayanan (Director). Its latest AGM occurred on 30 September 2022, with the balance sheet filed on 31 March 2022. It is based at Regus Olympia Platina 9Th Floor Olympia Platina Plot No 33 B South Base Guindy Industria, L Estate, Chennai, Tamil Nadu, 600032.

Company Details

CIN/LLPIN
U74999TN2017FTC117565
Registration Number
117565
Incorporation Date
14 July 2017
Authorized Capital
₹1.00 M
Paid-Up Capital
₹0.10 M
ROC Code
Roc Chennai
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.00 M as on 19-02-2026
Paid Up Capital ₹ 0.10 M as on 19-02-2026
Company Age 8 Year, 7 Months
Last Filing with ROC 31 Mar 2022
Revenue Growth **** -51.19% (FY 2020)
Profit Growth **** -95.47% (FY 2020)
Ebitda **** -100.93% (FY 2020)
Net Worth 3.09% (FY 2020)
Total Assets **** 3.36% (FY 2020)

Comprehensive Company Insights

Explore comprehensive insights into Cancun Systems India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Cancun Systems India Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rajeev Sushilkumar Handa	Director	14 Jul 2017	Current
Sudesh Sushilkumar Handa	Additional Director	24 Jun 2020	Current
Kumar Narayanan	Director	14 Jul 2017	Current

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Financial Performance of Cancun Systems India.

Cancun Systems India Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 51.19% decrease. The company also saw a substantial fall in profitability, with a 95.47% decrease in profit. The company's net worth moved up by a moderate rise of 3.09%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

-51.19%

*******

Revenue from Operations

*******

-51.36%

*******

Total Assets

*******

3.36%

*******

Profit or Loss

*******

-95.47%

*******

Net Worth

*******

3.09%

*******

EBITDA

*******

-100.93%

*******

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What is the Ownership and Shareholding Structure of Cancun Systems India?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Cancun Systems India?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Cancun Systems India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Cancun Systems India's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Cancun Systems India

Recent Activity within the Organization

Annual General Meeting

The activity Cancun Systems India Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records. was completed.
30 Sep 2022
Balance Sheet

Progress on Cancun Systems India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai. was documented.
31 Mar 2022
Director Appointment

Sudesh Sushilkumar Handa was appointed as a Additional Director was appointed as a Additional Director on 24 Jun 2020 & has been associated with this company since 5 years 8 months . was recorded as a recent event.
24 Jun 2020
Director Appointment

Rajeev Sushilkumar Handa was appointed as a Director was appointed as a Director on 14 Jul 2017 & has been associated with this company since 8 years 7 months . was recorded as a recent event.
14 Jul 2017
Director Appointment

Kumar Narayanan was appointed as a Director was appointed as a Director on 14 Jul 2017 & has been associated with this company since 8 years 7 months . was recorded as a recent event.
14 Jul 2017
Company Incorporation

Progress on Cancun Systems India Private Limited was registered on 14 Jul 2017 with Roc Chennai & aged 8 years 7 months as per MCA records. was documented.
14 Jul 2017

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