Cgbiz Solutions Private Limited
About Cgbiz Solutions Private Limited
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Cgbiz Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the web design and maintenance services segment of the technology and IT services sector. It was incorporated on 02 January 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2013PTC067494. Its GSTIN is 29AAFCC1024J3ZS (Karnataka). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Praveen Kumar Panickerparambil and Panicker Parambil Manoj Kumar.
Its last annual general meeting (AGM) was held on 23 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2nd Floor No.898/1 – 2 80 Feet Main Road Koramangala VI Block, Bangalore, Karnataka, India – 560034.
As per the financials filed for FY 2024, the company reported a revenue of ₹32.35 Cr, a growth of 74% compared to the previous year. For the same year it recorded a net profit of ₹21 Lakh (net margin 0.6%) and EBITDA of ₹46.73 Lakh (EBITDA margin 1.4%). Revenue has grown at a compounded annual rate (CAGR) of 212% over three years and 133% over five years.
The company has about 331 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹70 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address2nd Floor No.898/1 – 2 80 Feet Main Road Koramangala VI Block, Bangalore, Karnataka, India – 560034
- IndustryInformation Technology, Web Design & Maintenance Services, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Cgbiz Solutions Private Limited
The main business activity of Cgbiz Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Cgbiz Solutions Private Limited FY 2024 filings available
Cgbiz Solutions Private Limited reported revenue of ₹32.35 Cr (up 74% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Cgbiz Solutions Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 133% over five years, including 74% growth in the latest year. EBITDA rose 131% 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 Cgbiz Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹46.73 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹21 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Cgbiz Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.6% | •••• | •••• | •••• | •••• |
| 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 Cgbiz Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Cgbiz Solutions Private Limited
Cgbiz Solutions Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other information & communication service activities). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Coursedes Learning Solutions Private Limited | •••• | •••• | •••• | •••• | - | Gurugram, Haryana, India |
| Suvision Holdings Private Limited | •••• | •••• | •••• | •••• | 231 | Bangalore South, Karnataka, India |
| Goldmine Advertising Private Limited | •••• | •••• | •••• | •••• | 117 | Mumbai, Maharashtra, India |
| Sarg Global Digital Private Limited | •••• | •••• | •••• | •••• | 148 | Mumbai, Maharashtra, India |
| Eazy Erp Technologies Private Limited | •••• | •••• | •••• | •••• | 268 | Bhiwadi, Rajasthan, India |
| Cgbiz Solutions Private Limited this company | •••• | •••• | •••• | •••• | - | Bangalore, Karnataka, India |
| Newday India Software Development Private Limited | •••• | •••• | •••• | •••• | 83 | Shaikpet, Telangana, India |
| Tac Infosec Limited | •••• | •••• | •••• | •••• | 58 | S.A.S.Nagar (Mohali), Punjab, India |
| Supersourcing Technologies Private Limited | •••• | •••• | •••• | •••• | 92 | Indore, Madhya Pradesh, India |
| Tapmind Technologies Private Limited | •••• | •••• | •••• | •••• | - | Bangalore South, Karnataka, India |
| Xerago Customer Value Maximization Private Limited | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Cgbiz Solutions by revenue in the same principal business activity (Other information & communication service activities), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of Cgbiz Solutions Private Limited
Cgbiz Solutions Private Limited is audited by C K DHANANI & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| C K DHANANI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Cgbiz Solutions Private Limited
Cgbiz Solutions has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Praveen Kumar Panickerparambil Also directs: Prism Mobility Private Limited | Director | 17 Nov 2022 | 3 Years 10 Months | Current |
| Panicker Parambil Manoj Kumar Also directs: Mirror Image Itsolutions LLP, Grasshopper Vanlines Private Limited | Director | 17 Nov 2022 | 3 Years 10 Months | Current |
| Sindu Ramprasad Also directs: Talent Cloud Services LLP, Taleni Cloud Services Private Limited | Director | 13 Jul 2023 | 3 Years 2 Months | Current |
Ownership and Shareholding of Cgbiz Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Cgbiz Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 11 Mar 2025 | The Hongkong and Shanghai Banking Corporation Limited | ₹10 Lakh | Open |
| 25 Aug 2023 | Hdfc Bank Limited | ₹60 Lakh | Open |
Total charge records: 2 View all charges
Employees and EPFO Compliance at Cgbiz Solutions Private Limited
Cgbiz Solutions Private Limited has a workforce of 331 employees as of Mar 27, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Cgbiz Solutions Private Limited
Recent Activity on Cgbiz Solutions Private Limited
Cgbiz Solutions Private Limited has 13 board changes on record since 2015: 3 appointments and 10 cessations. The latest: Panicker Parambil Manoj Kumar ceased to be Additional Director on 08 Aug 2023.
7 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Cgbiz Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Cgbiz Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Cgbiz Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Cgbiz Solutions Private Limited
Cgbiz Solutions has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCC1024J3ZS | Karnataka | Active | 17 Apr 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Cgbiz Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Cgbiz Solutions Private Limited
Cgbiz Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in web design and maintenance services, within the information technology industry. It was incorporated on 02 January 2013 (13+ years old) and is registered under CIN U72900KA2013PTC067494.
Cgbiz Solutions reported revenue of ₹32.35 Cr for FY 2024 (up 74% YoY).
Cgbiz Solutions has 3 current directors:
- Praveen Kumar Panickerparambil - Director
- Panicker Parambil Manoj Kumar - Director
- Sindu Ramprasad - Director
Cgbiz Solutions reported a net profit of ₹21 Lakh (net margin 0.6%) and EBITDA of ₹46.73 Lakh (EBITDA margin 1.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cgbiz Solutions is 212% over three years and 133% over five years. In the latest year (FY 2024) revenue rose 74%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cgbiz Solutions is 29AAFCC1024J3ZS, registered in Karnataka. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Cgbiz Solutions is U72900KA2013PTC067494. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cgbiz Solutions was incorporated on 02 January 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Cgbiz Solutions by revenue are Coursedes Learning Solutions Private Limited, Suvision Holdings Private Limited, Goldmine Advertising Private Limited, Sarg Global Digital Private Limited, Eazy Erp Technologies Private Limited and 5 more, all in the same principal business activity (Other information & communication service activities).
Panicker Parambil Manoj Kumar ceased to be Additional Director on 08 Aug 2023. Praveen Kumar Panickerparambil ceased to be Additional Director on 08 Aug 2023. Sindu Ramprasad ceased to be Additional Director on 08 Aug 2023. Cgbiz Solutions has 13 board changes on record in total.
The registered office of Cgbiz Solutions is at 2nd Floor No.8981 – 2 80 Feet Main Road Koramangala VI Block, Bangalore, Karnataka, India – 560034.