About Cigam Ventures Private Limited
Data last updated:
Cigam Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 21 November 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93030KA2014PTC077378. Its GSTIN is 29AAFCC8391Q1ZO (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Prakash Gurbaxani and Kunaal Gurbaxani.
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 No. 249 Phase I Palm Meadows Ramagondanahalli Whitefield, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.41 Cr, a growth of 85% compared to the previous year. For the same year it recorded a net profit of ₹8.52 Cr (net margin 63.5%) and EBITDA of ₹11.84 Cr (EBITDA margin 88.3%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 27% over five years.
The company has about 2 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website qvcrealty.com.
CIN History of Cigam Ventures Private Limited
Cigam Ventures has one previous CIN (Corporate Identification Number): U45201KA2014PTC077378. The current CIN is U93030KA2014PTC077378, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U93030KA2014PTC077378 | Current |
| U45201KA2014PTC077378 | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 249 Phase I Palm Meadows Ramagondanahalli Whitefield, Bangalore, Karnataka, India – 560066
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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 Cigam Ventures Private Limited
The main business activity of Cigam Ventures is real estate. In detail, this covers real estate activities on fee or contract basis.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| L | Real Estate | L2 | Real estate activities on fee or contract basis | 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 Cigam Ventures Private Limited FY 2024 filings available
Cigam Ventures Private Limited reported revenue of ₹13.41 Cr (up 85% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Cigam Ventures Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 27% over five years, including 85% growth in the latest year. EBITDA rose 145% 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 Cigam Ventures 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 | ₹11.84 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹8.52 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 Cigam Ventures Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 88.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 63.5% | •••• | •••• | •••• | •••• |
| 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 Cigam Ventures 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.
Board of Directors of Cigam Ventures Private Limited
Cigam Ventures has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prakash Gurbaxani Also directs: Spark Town Planners Private Limited., QVC Star Realty Private Limited, Popular Buildestate Private Limited and 5 more | Director | 21 Nov 2014 | 11 Years 10 Months | Current |
| Kunaal Gurbaxani Also directs: QVC Star Realty Private Limited, Cigam Developers Private Limited | Director | 02 Jan 2017 | 9 Years 9 Months | Current |
| Rohun Prakash Gurbaxani Also directs: QVC Star Realty Private Limited, Cigam Developers Private Limited | Director | 28 Dec 2017 | 8 Years 9 Months | Current |
Peer Comparison of Cigam Ventures Private Limited
Cigam Ventures Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Arihant Unitech Realty Projects Limited | ₹13.43 Cr (FY 2019) | •••• | •••• | -38.0% | •••• | Chennai, Tamil Nadu, India |
| Dharm Realtech Private Limited | ₹13.43 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Acres 21 Homes Private Limited | ₹13.42 Cr (FY 2024) | •••• | •••• | -59.0% | •••• | Patna, Bihar, India |
| Umeed Builder & Constructor Private Limited | ₹13.42 Cr (FY 2024) | •••• | •••• | 252.0% | •••• | Patna, Bihar, India |
| Ryder Trans International Private Limited | ₹13.42 Cr (FY 2025) | •••• | •••• | -15.0% | •••• | Indore, Madhya Pradesh, India |
| Cigam Ventures Private Limited this company | ₹13.41 Cr (FY 2024) | •••• | •••• | 85.0% | •••• | Bangalore, Karnataka, India |
| Maya Ventures Private Limited | ₹13.4 Cr (FY 2023) | •••• | •••• | -6.0% | •••• | Bangalore, Karnataka, India |
| Hari Karan Birla Constructions Private Limited | ₹13.4 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Sanawad, Madhya Pradesh, India |
| Shukra Infracity Private Limited | ₹13.4 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Lucknow, Uttar Pradesh, India |
| Ashirwad Engicon Realestate Private Limited | ₹13.4 Cr (FY 2024) | •••• | •••• | 3.0% | •••• | Patna, Bihar, India |
| Vatsalya Builders and Developers Private Limited | ₹13.38 Cr (FY 2025) | •••• | •••• | -40.0% | •••• | Nagpur, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Cigam Ventures by revenue in the Real Estate industry (Builders and Developers), 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 Cigam Ventures Private Limited
Cigam Ventures Private Limited is audited by Vasudevan & Co. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Vasudevan & 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.
Ownership and Shareholding of Cigam Ventures 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 Cigam Ventures Private Limited
Cigam Ventures Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Cigam Ventures Private Limited
Cigam Ventures Private Limited has a workforce of 2 employees as of Apr 07, 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.
Recent Activity on Cigam Ventures Private Limited
Cigam Ventures Private Limited has 6 board changes on record since 2014: 3 appointments and 3 cessations. The latest: Rohun Prakash Gurbaxani ceased to be Additional Director on 29 Sep 2018.
Credit Ratings, Litigation & Regulatory Alerts for Cigam Ventures 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 Cigam Ventures 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 Cigam Ventures 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 Cigam Ventures Private Limited
Cigam Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCC8391Q1ZO | Karnataka | 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 Cigam Ventures 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 Cigam Ventures Private Limited
Cigam Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 21 November 2014 (12+ years old) and is registered under CIN U93030KA2014PTC077378.
Cigam Ventures reported revenue of ₹13.41 Cr for FY 2024 (up 85% YoY).
Cigam Ventures has 3 current directors:
- Prakash Gurbaxani - Director
- Kunaal Gurbaxani - Director
- Rohun Prakash Gurbaxani - Director
Cigam Ventures reported a net profit of ₹8.52 Cr (net margin 63.5%) and EBITDA of ₹11.84 Cr (EBITDA margin 88.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Cigam Ventures is 8% over three years and 27% over five years. In the latest year (FY 2024) revenue rose 85%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Cigam Ventures is 29AAFCC8391Q1ZO, registered in Karnataka.
The CIN (Corporate Identification Number) of Cigam Ventures is U93030KA2014PTC077378. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cigam Ventures was incorporated on 21 November 2014, making it 12+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Cigam Ventures by revenue are Arihant Unitech Realty Projects Limited, Dharm Realtech Private Limited, Acres 21 Homes Private Limited, Umeed Builder & Constructor Private Limited, Ryder Trans International Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Rohun Prakash Gurbaxani ceased to be Additional Director on 29 Sep 2018. Rohun Prakash Gurbaxani was appointed as Director on 28 Dec 2017. Kunaal Gurbaxani ceased to be Additional Director on 29 Sep 2017. Cigam Ventures has 6 board changes on record in total.
Cigam Ventures can be reached through the website qvcrealty.com. Its registered office is in Bangalore, Karnataka, India.