Ciftech Solutions Private Limited - Company Profile

It is a information technology private limited company based in Bangalore, Karnataka, India, established in 1999.
1999 Bangalore, Karnataka, India Active
Last Updated:
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About Ciftech Solutions Private Limited

Ciftech Solutions Private Limited, a active private limited company, was established on 24 March 1999 in Bangalore, Karnataka, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U72892KA1999PTC024954. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹3.50 M and a paid-up capital of ₹3.46 M.

It upholds a active non-compliant status. Its leadership includes Gonibeed Laxminaryanarao Nagendra (Director), Gonibeed Ravindra Lakshminarayanarao (Director), Sridhar Andanappa (Director). It holds ₹4.80 M open charges and ₹2.16 M settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at #3, 4Th Floor 3Rd Block, 488-B, Kiadb Building Peenya Industrial Area, Iind Stage, Bangalore, Karnataka, 560076.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U72892KA1999PTC024954

  • Registration Number

    024954

  • Incorporation Date

    24 March 1999

  • Authorized Capital

    ₹3.50 M

  • Paid-Up Capital

    ₹3.46 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 3.50 M
  • Paid Up Capital ₹ 3.46 M
  • Company Age 26 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 4.80 M
  • Satisfied Charges ₹ 2.16 M
  • Revenue Growth **** 26.27%
  • Profit Growth **** 148.93%
  • Ebitda **** -51.90%
  • Net Worth 7.31%
  • Total Assets **** 5.10%
Company report

Ciftech Solutions Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Ciftech Solutions 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 Ciftech Solutions Private Limited?
Current Directors
Name Designation Appointment Date Status
Gonibeed Laxminaryanarao Nagendra Director 24 Mar 1999 Current
Gonibeed Ravindra Lakshminarayanarao Director 03 Oct 2000 Current
Sridhar Andanappa Director 11 Mar 2010 Current

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Financial Performance of Ciftech Solutions.

Ciftech Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 26.27% increase. The company also saw a substantial improvement in profitability, with a 148.93% increase in profit. The company's net worth moved up by a moderate rise of 7.31%.

Ciftech Solutions revenue growth over time
Ciftech Solutions profit and loss trends over time
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
  • 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
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 26.27%
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Revenue from Operations
*******
 26.38%
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*******
*******
Total Assets
*******
 5.10%
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*******
*******
*******
Profit or Loss
*******
 148.93%
*******
*******
*******
*******
Net Worth
*******
 7.31%
*******
*******
*******
*******
EBITDA
*******
 -51.90%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Ciftech Solutions?

In 2021, Ciftech Solutions had a promoter holding of 74.84% and a public holding of 25.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • 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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Charges (Loans)
Open Charges

₹4,800,000.00

Satisfied Charges

₹2,162,115.28

Charges Breakdown by Lending Institutions
  • Syndicate Bank : 0.48 Cr
Latest Charge Details
Date Lender Amount Status
16 Apr 2005 Syndicate Bank ₹4.80 M Open
31 Jan 2007 Syndicate Bank ₹2.16 M Satisfied

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How Many Employees Work at Ciftech Solutions?

Unlock and access historical data on people associated with Ciftech Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ciftech Solutions, 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 Ciftech Solutions's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Ciftech Solutions
Recent Activity within the Organization
  • Annual General Meeting

    The activity Ciftech Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Ciftech Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.

  • Charges

    A charge registered on 31 Jan 2007 via Charge ID 10037536 with Syndicate Bank was fully satisfied on 04 Dec 2019. was recorded as a recent event.

  • Charges

    The activity A charge with Syndicate Bank of Rs. 4.80 M registered on 16 Apr 2005 with Charge ID 80007687 was modified on 31 Aug 2019. was completed.

  • Director Appointment

    Sridhar Andanappa was appointed as a Director was appointed as a Director on 11 Mar 2010 & has been associated with this company since 15 years 10 months . was recorded as a recent event.

  • Charges

    The activity A charge with Syndicate Bank of Rs. 2.16 M registered on 31 Jan 2007 with Charge ID 10037536 was modified on 18 Jun 2009. was completed.

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Frequently Asked Questions
What is the CIN of Ciftech Solutions Private Limited?

The CIN of Ciftech Solutions Private Limited is U72892KA1999PTC024954.

Where is Ciftech Solutions Private Limited headquartered?

Ciftech Solutions Private Limited is headquartered at #3, 4Th Floor 3Rd Block, 488-B, Kiadb Building Peenya Industrial Area, Iind Stage, Bangalore, Karnataka, 560076.

When was Ciftech Solutions Private Limited incorporated?

Ciftech Solutions Private Limited was incorporated on 24 March 1999.

Who are the current directors of Ciftech Solutions Private Limited?

The current directors of Ciftech Solutions Private Limited are

What is the primary industry of Ciftech Solutions Private Limited?

The primary industry of Ciftech Solutions Private Limited is Information And Communication.

Is Ciftech Solutions Private Limited a listed company?

Ciftech Solutions Private Limited is unlisted.

What is the capital structure of Ciftech Solutions Private Limited?

The authorized capital of Ciftech Solutions Private Limited is ₹3.50 M, and the paid-up capital is ₹3.46 M.

What is the compliance status of Ciftech Solutions Private Limited?

The compliance status of Ciftech Solutions Private Limited is Active Non-Compliant.

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