About Changepond Technologies Private Limited
Data last updated:
Changepond Technologies Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 15 May 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72200TN2000PTC044948. Its GSTIN is 33AABCC3252G1Z6 (Tamil Nadu).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹3.99 Cr. It is led by directors including Subramanian Siddharth (Whole-Time Director) and Govinda Rao Narayanan.
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 H – 2 Sipcot IT Park Old Mahabalipuram Road Siruseri, Chennai, Tamil Nadu, India – 603103.
As per the financials filed for FY 2025, the company reported a revenue of ₹176.31 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹42.72 Cr (net margin 24.2%) and EBITDA of ₹58.26 Cr (EBITDA margin 33%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 17% over five years.
The company has about 723 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Changepond Technologies. As per MCA filings, the company has open charges of ₹29.73 Cr and satisfied charges of ₹60.41 Cr on record. Court records list 8 cases involving the company, including 6 filed by the company and 2 filed against it. The company has 12 deals on record (12 secondary share transfers); the latest was in March 2021. Its 10 peer companies in the Information Technology industry (IT Consulting and Services) are compared by revenue, 5 larger and 5 smaller; the largest is Acqueon Technologies Private Limited. The company has 4 MSME Form 1 returns on record between 2022 and 2024, listing 4 overdue payments to 3 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website changepond.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressH – 2 Sipcot IT Park Old Mahabalipuram Road Siruseri, Chennai, Tamil Nadu, India – 603103
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Changepond Technologies Private Limited
The main business activity of Changepond Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | 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 Changepond Technologies Private Limited FY 2024 filings available
Changepond Technologies Private Limited reported revenue of ₹176.31 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Changepond Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 17% over five years, including 8% growth in the latest year. EBITDA rose 11% 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 Changepond Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 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 | ₹58.26 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹42.72 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 Changepond Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 33% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 24.2% | •••• | •••• | •••• | •••• |
| 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 Changepond Technologies 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 Changepond Technologies Private Limited
Changepond Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Acqueon Technologies Private Limited | •••• | •••• | •••• | •••• | 228 | Chennai, Tamil Nadu, India |
| Silverlink Technologies Private Limited | •••• | •••• | •••• | •••• | - | Mumbai, Maharashtra, India |
| E Square System & Technologies Private Limited | •••• | •••• | •••• | •••• | 232 | Bhubaneswar, Orissa, India |
| Simform Solutions Private Limited | •••• | •••• | •••• | •••• | - | Ahmedabad, Gujarat, India |
| Rox Hi-Tech Limited | •••• | •••• | •••• | •••• | 41 | Chennai, Tamil Nadu, India |
| Changepond Technologies Private Limited this company | •••• | •••• | •••• | •••• | - | Chennai, Tamil Nadu, India |
| Harbinger Systems Private Limited | •••• | •••• | •••• | •••• | 605 | Pune, Maharashtra, India |
| Egon Zehnder Information and Research Services Private Limited | •••• | •••• | •••• | •••• | - | New Delhi, Delhi, India |
| Cavium Networks (India) Private Limited | •••• | •••• | •••• | •••• | 289 | Pune, Maharashtra, India |
| Diamond Infotech Private Limited | •••• | •••• | •••• | •••• | 96 | Kolkata, West Bengal, India |
| Securekloud Technologies Limited Listed | •••• | •••• | •••• | •••• | 106 | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Changepond Technologies by revenue in the Information Technology industry (IT Consulting and Services), 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 Changepond Technologies Private Limited
Changepond Technologies Private Limited is audited by M Raghunath & Co for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M Raghunath & 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 Changepond Technologies Private Limited
Changepond Technologies has 5 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Govinda Rao Narayanan Also directs: Sridutt Properties and Consultancy LLP, SL Lighting India Private Limited, Red Clay Consulting Private Limited and 1 more | Director | 15 May 2000 | 26 Years 4 Months | Current |
| Subramanian Siddharth | Whole-Time Director | 20 Aug 2010 | 16 Years 1 Months | Current |
| Jayalakshmi Ramachandran Also directs: Ramcha Housing Private Limited | Director | 01 Nov 2019 | 6 Years 11 Months | Current |
| Subramanian Ramachandran | Director | 05 Jun 2000 | 26 Years 4 Months | Current |
| Ramkumar Ramachandran | Director | 15 May 2000 | 26 Years 4 Months | Current |
Ownership and Shareholding of Changepond Technologies 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 Changepond Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Sep 2024 | Others | ₹3.5 Cr | Open |
| 16 Sep 2022 | Others | ₹23 Lakh | Open |
| 16 Dec 2014 | Axis Bank Limited | ₹26 Cr | Open |
| 16 Sep 2022 | Others | ₹5.5 Lakh | Satisfied |
| 16 Sep 2022 | Others | ₹5.3 Lakh | Satisfied |
Total charge records: 10 View all charges
Deals & Funding of Changepond Technologies Private Limited
Changepond Technologies Private Limited has 12 deals on record (12 secondary share transfers); the latest was in March 2021.
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Jun 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| May 2009 | Secondary share transfer | Undisclosed | Buyer: Hexagram Investments Private Limited, Changepond Benefit Trust, an individual Seller: 4 individuals |
Full deal history
All 12 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Changepond Technologies Private Limited
Changepond Technologies Private Limited has 8 court cases on record: 6 filed by Changepond Technologies, 2 filed against it. All cases are disposed. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 8 | 2 | 0 |
Cases on record (4 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Interim or miscellaneous application | Filed by the company against Additional / Joint / Deputy / Assistant Commissioner | Disposed |
| Madras High Court | Writ petition | Filed by the company against Additional / Joint / Deputy / Assistant Commissioner | Disposed |
| Madras High Court | Arbitration matter | Filed against the company by M/S.Updater Services Pvt Ltd | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed against the company by Commissioner of Income Tax | Disposed |
Full case history
All 8 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Changepond Technologies Private Limited
Changepond Technologies Private Limited has 4 MSME Form 1 returns on record between 2022 and 2024, listing 4 overdue payments to 3 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (3 of 3)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Consolidated Techware Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 4 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Changepond Technologies Private Limited
Changepond Technologies operates one associated brand: Changepond Technologies. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides a comprehensive suite of IT services to enhance daily business operations. | changepond.com |
Employees and EPFO Compliance at Changepond Technologies Private Limited
Changepond Technologies Private Limited has a workforce of 723 employees as of Apr 09, 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.
Group Structure of Changepond Technologies Private Limited
Changepond Technologies has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Sankeerthana Technology Services Private Limited | U72900TN2006PTC061523 | Locked |
Showing major subsidiaries. Total: 1.
News related to Changepond Technologies Private Limited
Recent Activity on Changepond Technologies Private Limited
Changepond Technologies Private Limited has 9 board changes on record since 2000: 5 appointments and 4 cessations. The latest: Jayalakshmi Ramachandran ceased to be Additional Director on 29 Sep 2020.
19 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Changepond Technologies 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.
Subsidiaries & Group Companies of Changepond Technologies 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 Changepond Technologies Private Limited
Changepond Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCC3252G1Z6 | Tamil Nadu | Active | 01 Jul 2017 |
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 Changepond Technologies 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 Changepond Technologies Private Limited
Changepond Technologies is an active private limited company based in Chennai, Tamil Nadu, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 15 May 2000 (26+ years old) and is registered under CIN U72200TN2000PTC044948.
Changepond Technologies reported revenue of ₹176.31 Cr for FY 2025 (up 8% YoY).
Changepond Technologies has 5 current directors:
- Subramanian Siddharth - Whole-Time Director
- Govinda Rao Narayanan - Director
- Jayalakshmi Ramachandran - Director
- Subramanian Ramachandran - Director
- Ramkumar Ramachandran - Director
Changepond Technologies reported a net profit of ₹42.72 Cr (net margin 24.2%) and EBITDA of ₹58.26 Cr (EBITDA margin 33%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Changepond Technologies is 19% over three years and 17% over five years. In the latest year (FY 2025) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Changepond Technologies is 33AABCC3252G1Z6, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Changepond Technologies is U72200TN2000PTC044948. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Changepond Technologies has 8 court cases on record: 6 filed by the company and 2 filed against it.
Changepond Technologies was incorporated on 15 May 2000, making it 26+ years old. It is registered with the Registrar of Companies, Chennai.
Changepond Technologies has 12 deals on record (12 secondary share transfers); the latest was in March 2021.
The peers of Changepond Technologies by revenue are Acqueon Technologies Private Limited, Silverlink Technologies Private Limited, E Square System & Technologies Private Limited, Simform Solutions Private Limited, Rox Hi-Tech Limited and 5 more, all in the Information Technology industry (IT Consulting and Services).
Jayalakshmi Ramachandran ceased to be Additional Director on 29 Sep 2020. Jayalakshmi Ramachandran was appointed as Director on 01 Nov 2019. Saligram Subramanya Nandkumar ceased to be Director Appointed In Casual Vacancy on 30 Sep 2013. Changepond Technologies has 9 board changes on record in total.