About Cibersites India Private Limited
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Cibersites India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Htc Global Services Inc. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 11 January 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2000PTC026214. Its GSTIN is 29AABCK2797E2ZA (Karnataka). The company holds 5 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹33.66 Cr and a paid-up capital of ₹2.93 Cr. It was formerly known as Knowledge Systems Private Limited. It is led by directors Narasimhacharya Venkata Mudumby and Bhaskar Rao Ramineni.
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 1 Rga Tech Park, Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹193.44 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹14.32 Cr (net margin 7.4%) and EBITDA of ₹20.27 Cr (EBITDA margin 10.5%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 4% over five years.
The company has about 525 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Ciber. As per MCA filings, the company has open charges of ₹20 Lakh and satisfied charges of ₹3.5 Cr on record. Court records list 20 cases involving the company, including 6 filed by the company and 14 filed against it; 1 case is pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.93 Cr; the latest was in October 2017.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website ciber.com.
Company details
Contact details
Cibersites India Private Limited's registered office is in Bangalore, Karnataka. Its website is ciber.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4th Floor Block 03 31/1 Rga Tech Park SEZ Chikkakannali Sarjapur Main R, Oad, Bangalore, Karnataka, India – 560035
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Cibersites India Private Limited, buy the company report.
- 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
Business activity
The main business activity of Cibersites India is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Cibersites India Private Limited, buy the company report.
Financials of Cibersites India Private Limited
FY 2024 filings availableCibersites India Private Limited reported revenue of ₹193.44 Cr (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 20% 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
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| EBITDA | ₹20.27 Cr | ||||
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| Net Profit (PAT) | ₹14.32 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 10.5% | ||||
| Net Profit Margin | 7.4% | ||||
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To see the full financial statements and ratios of Cibersites India Private Limited, buy the company report.
Board of directors of Cibersites India Private Limited
Cibersites India has 2 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narasimhacharya Venkata Mudumby | Director | 13 Sep 2023 | 3 Years 1 Months | Current |
| Bhaskar Rao Ramineni | Director | 08 Jun 2017 | 9 Years 4 Months | Current |
Auditor
Cibersites India Private Limited is audited by Yoganandh & Ram LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Yoganandh & Ram LLP | FY 2023 | 001557S/S200052 |
Shareholding
The shareholding of Cibersites 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Others |
To see the full shareholding pattern of Cibersites India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Oct 2022 | 100640660 | Hdfc Bank Limited | ₹12 Lakh | Open | |
| 08 Jun 2022 | 100586148 | Hdfc Bank Limited | ₹8 Lakh | Open | |
| 27 Mar 2008 | 10093831 | 3I Infotech Trusteeship Services Limited | ₹2.75 Cr | Satisfied | |
| 29 Dec 2005 | 80043730 | Corporation Bank | ₹50 Lakh | Satisfied | |
| 22 May 2004 | 80055299 | Uti Bank Limited | ₹25 Lakh | Satisfied |
To see the full charge records of Cibersites India Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Cibersites India Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.93 Cr; the latest was in October 2017.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Oct 2017 | Secondary share transfer | Undisclosed | Buyer: Ciber Global Inc, Ciber Global Inc & Bhaskar Rao Ramineni Seller: Ciber Inc, Ciber Inc & Ruchi Kapoor |
| Jan 2007 | Funding round | ₹4.33 Cr | Investors: Ciber Inc |
| Sep 2006 | Funding round | ₹2.6 Cr | Investors: Ciber Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cibersites India Private Limited has 20 court cases on record: 6 filed by Cibersites India, 14 filed against it. 1 case is pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 11 | 0 |
| District courts | 3 | 2 | 1 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TAMIL NADU | Original application | Filed against the company by Sutherland Healthcare Solutions Pvt. Ltd. | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against Iteamic Private Limited and 1 other | Disposed |
| High Court of Karnataka | Court case (COP) | Filed by the company against Iteamic Private Ltd | Disposed |
| District court, Rangareddy, Telangana | Civil suit | Filed by the company against M/S Trinox Indrastructure and Developers Pvt Ltd, Rep by Chalamancharla Prakasa Rao | Pending |
| High Court, TAMIL NADU | Appeal | Filed against the company by an individual | Disposed |
To see the full case history of Cibersites India Private Limited, buy the company report.
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
No delayed payments to MSME suppliers are on our record for Cibersites India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cibersites India Private Limited has a workforce of 525 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Cibersites India has 5 GST registrations: 3 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCK2797E2ZA | Karnataka | Active | 08 Jun 2021 |
| 29AABCK2797E3Z9 | Karnataka | Active | 11 Mar 2025 |
| 33AABCK2797E2ZL | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cibersites India Private Limited, buy the company report.
Recent activity
Cibersites India Private Limited has 21 board changes on record since 2007: 2 appointments and 19 cessations. The latest: Narasimhacharya Venkata Mudumby was appointed as Director on 13 Sep 2023.
20 earlier events are in the company report.
News
Frequently asked questions
Cibersites India is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 11 January 2000 (26+ years old) and is registered under CIN U72200KA2000PTC026214.
Cibersites India has 2 current directors:
- Narasimhacharya Venkata Mudumby - Director
- Bhaskar Rao Ramineni - Director
The latest financial statements of Cibersites 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 Cibersites India is 29AABCK2797E2ZA, registered in Karnataka. The company has 5 GST registrations in all, of which 3 are active and 2 are cancelled or inactive. Other active GSTINs include 29AABCK2797E3Z9 (Karnataka), 33AABCK2797E2ZL (Tamil Nadu).
The CIN (Corporate Identification Number) of Cibersites India is U72200KA2000PTC026214. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cibersites India has 20 court cases on record: 6 filed by the company and 14 filed against it. 1 is pending. Most are in the high courts.
Cibersites India was incorporated on 11 January 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
Cibersites India has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹6.93 Cr; the latest was in October 2017.
Narasimhacharya Venkata Mudumby was appointed as Director on 13 Sep 2023. Ramineni Indira ceased to be Additional Director on 13 Sep 2023. Narasimhacharya Venkata Mudumby ceased to be Director on 05 Jan 2023. Cibersites India has 21 board changes on record in total.
Cibersites India can be reached through the website ciber.com. Its registered office is in Bangalore, Karnataka, India.