About Cloud Software Group India Private Limited
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Cloud Software Group India Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Citrix Systems Inc.. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 12 December 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72300KA2001PTC029871. Its GSTIN is 29AABCN3639C1ZL (Karnataka). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹32.06 Cr and a paid-up capital of ₹7.96 Lakh. It was formerly known as Netscaler Private Limited. It is led by directors including Pragya Chakraborty (Whole-Time Director) and Brian Lee Shytle.
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 Prestige Dynasty # 33 Ulsoor Road, Bangalore, Karnataka, India – 560042.
As per the financials filed for FY 2024, the company reported a revenue of ₹1,837.05 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹187.55 Cr (net margin 10.2%) and EBITDA of ₹390.37 Cr (EBITDA margin 21.2%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 21% over five years.
As per MCA filings, the company has open charges of ₹1.38 Cr on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it; 2 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹26.33 Cr; the latest was in June 2010. Its 3 peer companies in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 1 smaller; the largest is Fis Global Business Solutions India Private Limited with revenue of ₹2,081.97 Cr. The company has 3 MSME Form 1 returns on record between 2023 and 2024, listing 278 overdue payments to 13 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 citrix.com.
Company details
Contact details
Cloud Software Group India Private Limited's registered office is in Bangalore, Karnataka. Its website is citrix.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPrestige Dynasty # 33 Ulsoor Road, Bangalore, Karnataka, India – 560042
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Cloud Software Group 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 Cloud Software Group India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Cloud Software Group India Private Limited, buy the company report.
Financials of Cloud Software Group India Private Limited
FY 2024 filings availableCloud Software Group India Private Limited reported revenue of ₹1,837.05 Cr (up 49% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 49% growth in the latest year. EBITDA rose 54% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹390.37 Cr | ||||
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| Net Profit (PAT) | ₹187.55 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 | 21.2% | ||||
| Net Profit Margin | 10.2% | ||||
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To see the full financial statements and ratios of Cloud Software Group India Private Limited, buy the company report.
Board of directors of Cloud Software Group India Private Limited
Cloud Software Group India has 3 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pragya Chakraborty | Whole-Time Director | 13 Nov 2024 | 1 Years 11 Months | Current |
| Brian Lee Shytle Also directs: Arctera India Private Limited | Director | 26 Apr 2023 | 3 Years 5 Months | Current |
| Antonio Gilbert Gomes Also directs: Arctera India Private Limited | Additional Director | 22 Aug 2025 | 1 Years 2 Months | Current |
Peer comparison
Cloud Software Group India Private Limited is compared with the 3 companies closest to it by revenue in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fis Global Business Solutions India Private Limited | ₹2,081.97 Cr (FY 2025) | 6.0% | New Delhi, Delhi, India | |||
| Harman Connected Services Corporation India Private Limited | ₹2,081.9 Cr (FY 2025) | -2.0% | Bangalore, Karnataka, India | |||
| Cloud Software Group India Private Limitedthis company | ₹1,837.05 Cr (FY 2024) | ₹187.55 Cr | 10.2% | 49.0% | Bangalore, Karnataka, India | |
| Yash Technologies Private Limited | ₹1,651.84 Cr (FY 2024) | 5.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Cloud Software Group India Private Limited, buy the company report.
Auditor
Cloud Software Group India Private Limited is audited by Walker Chandiok & Co LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co LLP | FY 2023 | 001076N/N500013 |
Shareholding
The shareholding of Cloud Software Group India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
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| Others |
To see the full shareholding pattern of Cloud Software Group India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2017 | 100086236 | Citi Bank N.A. | ₹9.9 Lakh | Open | |
| 09 Feb 2017 | 100086234 | Citi Bank N.A. | ₹5.41 Lakh | Open | |
| 09 Feb 2017 | 100086235 | Citi Bank N.A. | ₹6.4 Lakh | Open | |
| 17 Apr 2015 | 10609426 | Citi Bank N.A. | ₹5.93 Lakh | Open | |
| 31 Mar 1997 | 90191808 | Corporation Bank | ₹1.1 Cr | Open |
Total charge records: 5 View all charges
Deals & funding
Cloud Software Group India Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹26.33 Cr; the latest was in June 2010.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2010 | Secondary share transfer | Undisclosed | Buyer: Citrix Application Networking LLC Seller: Citrix Systems Inc |
| Feb 2008 | Funding round | ₹26.33 Cr | Investors: Citrix Systems Inc |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Cloud Software Group India Private Limited has 3 court cases on record: 2 filed by Cloud Software Group India, 1 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 2 |
| NCLT | 1 | 0 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against The Assistant Commissioner of Income Tax | Pending |
| NCLT, Bengaluru | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Cloud Software Group 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
Cloud Software Group India Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 278 overdue payments to 13 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 (5 of 13)
To see the full MSME payment records of Cloud Software Group India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Cloud Software Group India has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCN3639C1ZL | Karnataka | Active | 01 Jul 2017 |
| 27AABCN3639C1ZP | Maharashtra | Active | 27 Jul 2023 |
To see the full GST registrations and return filing status of Cloud Software Group India Private Limited, buy the company report.
Recent activity
Cloud Software Group India Private Limited has 19 board changes on record since 2010: 4 appointments and 15 cessations. The latest: Antonio Gilbert Gomes was appointed as Additional Director on 22 Aug 2025.
15 earlier events are in the company report.
Frequently asked questions
Cloud Software Group India is an active private limited company based in Bangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 12 December 2001 (25+ years old) and is registered under CIN U72300KA2001PTC029871.
Cloud Software Group India has 3 current directors:
- Pragya Chakraborty - Whole-Time Director
- Brian Lee Shytle - Director
- Antonio Gilbert Gomes - Additional Director
The latest financial statements of Cloud Software Group 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 Cloud Software Group India is 29AABCN3639C1ZL, registered in Karnataka. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 27AABCN3639C1ZP (Maharashtra).
The CIN (Corporate Identification Number) of Cloud Software Group India is U72300KA2001PTC029871. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cloud Software Group India has 3 court cases on record: 2 filed by the company and 1 filed against it. 2 are pending. Most are in the high courts.
Cloud Software Group India was incorporated on 12 December 2001, making it 25+ years old. It is registered with the Registrar of Companies, Bangalore.
Cloud Software Group India has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹26.33 Cr; the latest was in June 2010.
The peers of Cloud Software Group India by revenue are Fis Global Business Solutions India Private Limited, Harman Connected Services Corporation India Private Limited, Yash Technologies Private Limited, all in the Information Technology industry (Application Development), with the same principal business activity (computer programming, consultancy and related activities).
Antonio Gilbert Gomes was appointed as Additional Director on 22 Aug 2025. Pragya Chakraborty was appointed as Whole-Time Director on 13 Nov 2024. Pragya Chakraborty ceased to be Additional Director on 13 Nov 2024. Cloud Software Group India has 19 board changes on record in total.
Cloud Software Group India has 3 MSME Form 1 returns on record between 2023 and 2024, listing 278 overdue payments to 13 micro and small suppliers. The latest return was filed on 03 Jul 2024.
Cloud Software Group India can be reached through the website citrix.com. Its registered office is in Bangalore, Karnataka, India.