Cenduit (India) Services Private Limited

Cenduit (India) Services Private Limited - information technology in Bangalore, Karnataka, India. Directors, charges & compliance details.
CIN U72200KA2007PTC042174 Incorporated 20 March 2007 ROC Bangalore HQ Bangalore, Karnataka, India
Merged Private Limited Company information technology
Data last updated
Revenue · FY 2021
₹74.87 Cr
▲ 8% YoY
Net profit · FY 2021
₹7.35 Cr
Net margin 9.8%
EBITDA · FY 2021
₹17.74 Cr
EBITDA margin 23.7%
Authorised capital
₹7 Cr
Registered with MCA
Paid-up capital
₹4.55 Cr
Issued & subscribed
Satisfied charges
₹1.5 Cr
No open charges
Company age
19 yrs
Est. 2007
Employees · EPFO
563
Provident fund records

About Cenduit (India) Services Private Limited

Data last updated:

Cenduit (India) Services Private Limited was a private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Cenduit Mauritius Holdings Company. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 20 March 2007.

The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2007PTC042174. Its GSTIN is 29AABCI6552K1Z7 (Karnataka).

The company had an authorised share capital of ₹7 Cr and a paid-up capital of ₹4.55 Cr. It was formerly known as Ivr India Services Company Private Limited. It was led by directors including Nilanjan Sinha and Gaurav Shankar Lal.

Its last annual general meeting (AGM) was held on 14 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Bangalore, Karnataka.

As per the financials filed for FY 2021, the company reported a revenue of ₹74.87 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹7.35 Cr (net margin 9.8%) and EBITDA of ₹17.74 Cr (EBITDA margin 23.7%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.

The company had about 563 employees on its provident fund (EPFO) records before it was dissolved.

The company was associated with 1 brand: Cenduit. As per MCA filings, the company had satisfied charges of ₹1.5 Cr on record. Court records list 5 cases involving the company, including 3 filed by the company and 2 filed against it.

The last known website on record is cenduit.com.

Company Details of Cenduit (India) Services Private Limited
CIN U72200KA2007PTC042174
Registration Number 042174
Incorporation Date 20 March 2007
ROC Bangalore
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 14 September 2021
Date of Balance Sheet 31 March 2021
Parent Company Cenduit Mauritius Holdings Company
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Social Media
  • Registered Address
    Omega Embassy Techsquare Marathahalli Sarjapur Outer Ring Road Kadubeesanahal, Li, Bangalore, Karnataka, India – 560103
  • Industry
    Information Technology, Application Development & Software Solutions, IT Consulting & Support Services
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Financials, compliance, directors, charges, ownership and filings for Cenduit (India) Services Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Cenduit (India) Services Private Limited

The main business activities of Cenduit (India) Services are support service to organizations and information and communication. In detail, this covers other support services to organizations and computer programming, consultancy and related activities. 2 activity segments are registered with the MCA.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
NSupport service to OrganizationsN7Other support services to organizationsLocked
JInformation and communicationJ6Computer programming, consultancy and related activitiesLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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  • Historical classifications
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Financials of Cenduit (India) Services Private Limited FY 2021 filings available

Cenduit (India) Services Private Limited reported revenue of ₹74.87 Cr (up 8% YoY) for FY 2021.

Revenue · FY 2021
₹74.87 Cr ▲ 8%
Net profit · FY 2021
₹7.35 Cr margin 9.8%
EBITDA · FY 2021
₹17.74 Cr margin 23.7%

Compounded Annual Growth Rate (CAGR) of Cenduit (India) Services Private Limited

Revenue CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 4%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 256%
3 years · compounded
▲ 10%
5 years · compounded
▲ 11%

Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 8% growth in the latest year. EBITDA rose 256% 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 of Cenduit (India) Services Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue₹74.87 Cr••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA₹17.74 Cr••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)₹7.35 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 of Cenduit (India) Services Private Limited

MetricsFY 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin23.7%••••••••••••••••
Net Profit Margin9.8%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Cenduit (India) Services are in the company report.

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Financial statements from 2015

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Peer Comparison of Cenduit (India) Services Private Limited

Cenduit (India) Services Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Kallatra Technologies Private Limited₹75.9 Cr (FY 2023)••••••••56.0%••••Bangalore, Karnataka, India
Mti Integration Solutions Private Limited₹75.63 Cr (FY 2024)••••••••9.0%••••Kochi, Kerala, India
Epc Tech Private Limited₹75.31 Cr (FY 2024)••••••••47.0%••••Mumbai, Maharashtra, India
Parentpay India Private Limited₹75.1 Cr (FY 2025)••••••••55.0%••••Pune, Maharashtra, India
Sewells Group India Prlvate Limited₹74.94 Cr (FY 2025)••••••••6.0%••••Thane, Maharashtra, India
Cenduit (India) Services Private Limited this company₹74.87 Cr (FY 2021)••••••••8.0%••••Bangalore, Karnataka, India
Applied Software Private Limited₹74.09 Cr (FY 2025)••••••••32.0%••••Ahmedabad, Gujarat, India
Broadridge Trading and Connectivity Solutions India Private Limited₹73.91 Cr (FY 2025)••••••••24.0%••••Mumbai, Maharashtra, India
Sikraft Infotech Private Limited₹73.66 Cr (FY 2025)••••••••-13.0%••••Mumbai, Maharashtra, India
Varian Medical Systems India Software Private Limited₹72.07 Cr (FY 2016)••••••••19.0%••••Mumbai, Maharashtra, India
Claysys Technologies Private Limited₹71.61 Cr (FY 2025)••••••••4.0%••••Kakkanad, Kerala, India

Peers are the five companies nearest above and the five nearest below Cenduit (India) Services by revenue in the Information Technology industry (Application Development), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Cenduit (India) Services Private Limited

Cenduit (India) Services Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2020.

NameStatusAppointment DateCessation Date
Walker Chandiok & Co LLPLockedLockedLocked
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Board of Directors of Cenduit (India) Services Private Limited

Cenduit (India) Services has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Nilanjan SinhaDirector08 Mar 20179 Years 7 MonthsAs last reported
Gaurav Shankar LalDirector15 Jun 20215 Years 4 MonthsAs last reported
Arjun AiyarDirector15 Jun 20215 Years 4 MonthsAs last reported

Ownership and Shareholding of Cenduit (India) Services Private Limited

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Charges & Borrowings of Cenduit (India) Services Private Limited

Open charges
None
Satisfied charges
₹1.5 Cr
Breakdown by lending institutions
Jp Morgan Chase Bank, N.A.₹1.50 Cr
Latest charge details
DateLenderAmountStatus
31 Dec 2015Jp Morgan Chase Bank, N.A.₹1.5 CrSatisfied

Total charge records: 1 View all charges

Associated Brands with Cenduit (India) Services Private Limited

Cenduit (India) Services operates one associated brand: Cenduit. Each brand links to its own profile.

BrandDescriptionWebsite
IRT (Interactive Response Technology) specialist offering randomisation and trial supply management servicescenduit.com

Employees and EPFO Compliance at Cenduit (India) Services Private Limited

Cenduit (India) Services Private Limited has a workforce of 563 employees as of Mar 27, 2024.

Employee count
563
Active EPFO establishments
1
Employee growth
5.43%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Cenduit (India) Services Private Limited

Cenduit (India) Services Private Limited has 18 board changes on record since 2008: 3 appointments and 15 cessations. The latest: Vasan Balakrishnan ceased to be Director on 31 Mar 2022.

Ceased
Vasan Balakrishnan ceased to be Director.
Charges
A charge registered on 31 Dec 2015 via Charge ID 10613996 with Jp Morgan Chase Bank, N.A. was fully satisfied on 27 Oct 2021.
AGM
Cenduit (India) Services Private Limited last Annual general meeting of members was held on 14 Sep 2021 as per latest MCA records.
Ceased
Arjun Aiyar ceased to be Additional Director.
Ceased
Gaurav Shankar Lal ceased to be Additional Director.
Appointed
Arjun Aiyar was appointed as Director.
Appointed
Gaurav Shankar Lal was appointed as Director.
Filing
Cenduit (India) Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.
Ceased
John Brian Sabo ceased to be Director.
Charges
A charge with Jp Morgan Chase Bank, N.A. of Rs. 1.50 Cr registered on 31 Dec 2015 with Charge ID 10613996 was modified on 13 Sep 2019.
Ceased
Nilanjan Sinha ceased to be Additional Director.
Ceased
Jogin Bhairav Desai ceased to be Additional Director.

12 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Cenduit (India) Services Private Limited

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MSME Payment Delays by Cenduit (India) Services Private Limited

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Subsidiaries & Group Companies of Cenduit (India) Services Private Limited

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GST Compliance of Cenduit (India) Services Private Limited

Cenduit (India) Services has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCI6552K1Z7KarnatakaActive01 Jul 2017
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MCA Filings & Documents of Cenduit (India) Services Private Limited

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Frequently Asked Questions about Cenduit (India) Services Private Limited

Cenduit (India) Services has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Cenduit (India) Services was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 20 March 2007 and is registered under CIN U72200KA2007PTC042174. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Cenduit (India) Services was incorporated on 20 March 2007. It is registered with the Registrar of Companies, Bangalore.

Cenduit (India) Services had 3 directors:

The CIN (Corporate Identification Number) of Cenduit (India) Services is U72200KA2007PTC042174. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Cenduit (India) Services is at Omega Embassy Techsquare Marathahalli Sarjapur Outer Ring Road Kadubeesanahal, Li, Bangalore, Karnataka, India – 560103.

Cenduit (India) Services can be reached through the website cenduit.com. Its registered office is in Bangalore, Karnataka, India.

Cenduit (India) Services reported revenue of ₹74.87 Cr for FY 2021 (up 8% YoY).

Cenduit (India) Services has an authorised share capital of ₹7 Cr and a paid-up capital of ₹4.55 Cr.

Cenduit (India) Services reported a net profit of ₹7.35 Cr (net margin 9.8%) and EBITDA of ₹17.74 Cr (EBITDA margin 23.7%) for FY 2021, as per its filed financial statements.

The GSTIN of Cenduit (India) Services is 29AABCI6552K1Z7, registered in Karnataka.

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