Ctglobal Av Solutions Private Limited

Ctglobal Av Solutions Private Limited - information technology in Panaji, Goa, India. FY 2026 financials & compliance.
CIN U72900GA2019FTC013978 Incorporated 31 May 2019 ROC Goa HQ Panaji, Goa, India
Active Foreign Private Limited Company information technology
Data last updated
Revenue · FY 2024
₹88.8 Lakh
▲ 18% YoY
Net profit · FY 2024
₹5.68 Lakh
Net margin 6.4%
EBITDA · FY 2024
₹10.07 Lakh
EBITDA margin 11.3%
Authorised capital
₹3 Lakh
Registered with MCA
Paid-up capital
₹3 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
3
As per MCA filings
Active GSTINs
1
GST registered

About Ctglobal Av Solutions Private Limited

Data last updated:

Ctglobal Av Solutions Private Limited is a foreign private limited company based in Panaji, Goa, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 31 May 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Goa, under CIN U72900GA2019FTC013978. Its GSTIN is 30AAICC2063N1ZR (Goa).

The company has an authorised share capital of ₹3 Lakh and a paid-up capital of ₹3 Lakh. It is led by directors including Ravi Chauhan and Jigisha Jigar Shah.

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 1st Floor No. 21/250/A Raviraj Colony Nagali Hills, Panaji, Goa, India – 403002.

As per the financials filed for FY 2024, the company reported a revenue of ₹88.8 Lakh, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹5.68 Lakh (net margin 6.4%) and EBITDA of ₹10.07 Lakh (EBITDA margin 11.3%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.

Company details

CIN U72900GA2019FTC013978
Registration Number 013978
Incorporation Date 31 May 2019
ROC Goa
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024

Contact details

Ctglobal Av Solutions Private Limited's registered office is in Panaji, Goa. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    1st Floor No. 21/250/A Raviraj Colony Nagali Hills, Panaji, Goa, India – 403002
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Ctglobal Av Solutions Private Limited, buy the company report.

Comprehensive company report
Ctglobal Av Solutions Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Ctglobal Av Solutions is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Ctglobal Av Solutions Private Limited, buy the company report.

Financials of Ctglobal Av Solutions Private Limited

FY 2024 filings available

Ctglobal Av Solutions Private Limited reported revenue of ₹88.8 Lakh (up 18% YoY) for FY 2024.

Revenue · FY 2024
₹88.8 Lakh ▲ 18%
Net profit · FY 2024
₹5.68 Lakh margin 6.4%
EBITDA · FY 2024
₹10.07 Lakh margin 11.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 15%
EBITDA CAGR growth
3 years · compounded
▲ 87%

Revenue has grown at a compounded annual rate (CAGR) of 15% over three years, including 18% growth 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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₹10.07 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.68 Lakh
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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin11.3%
Net Profit Margin6.4%
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

To see the full financial statements and ratios of Ctglobal Av Solutions Private Limited, buy the company report.

Board of directors of Ctglobal Av Solutions Private Limited

Ctglobal Av Solutions has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Ravi ChauhanDirector31 May 20197 Years 4 MonthsCurrent
Jigisha Jigar ShahDirector11 Dec 20241 Years 10 MonthsCurrent
Krishan Manu MistryDirector31 May 20197 Years 4 MonthsCurrent

Peer comparison

Ctglobal Av Solutions Private Limited is compared with the 8 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Syslatech Private Limited₹88.96 Lakh (FY 2025)96.0%Bangalore, Karnataka, India
Fintaar Technologies Private Limited₹88.94 Lakh (FY 2025)7.0%Pune, Maharashtra, India
Rebelitude Online Services Private Limited₹88.92 Lakh (FY 2015)61864.0%Bangalore, Karnataka, India
Rapidloop Technology Solutions Private Limited₹88.88 Lakh (FY 2025)27.0%Bangalore, Karnataka, India
Ctglobal Av Solutions Private Limitedthis company₹88.8 Lakh (FY 2024)₹5.68 Lakh6.4%18.0%Panaji, Goa, India
Waynsys IT Solutions Private Limited₹88.77 Lakh (FY 2025)-32.0%Hyderabad, Telangana, India
Iremos Tech Solutions Private Limited₹88.77 Lakh (FY 2024)166.0%Hyderabad, Telangana, India
Brane Products Private Limited₹88.74 Lakh (FY 2023)Hyderabad, Telangana, India
Mint Bird Technologies Private Limited₹88.69 Lakh (FY 2025)5.0%New Delhi, Delhi, India

To see the full peer comparison of Ctglobal Av Solutions Private Limited, buy the company report.

Auditor

Ctglobal Av Solutions Private Limited is audited by GANESH DAIVAJNA AND COMPANY for the financial year 2023.

Auditor firmFinancial yearFirm registration number
GANESH DAIVAJNA AND COMPANYFY 2023103054W

Shareholding

The shareholding of Ctglobal Av Solutions Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Ctglobal Av Solutions Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Ctglobal Av Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Ctglobal Av Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
30AAICC2063N1ZRGoaActive08 Jul 2019

To see the full GST registrations and return filing status of Ctglobal Av Solutions Private Limited, buy the company report.

Recent activity

Ctglobal Av Solutions Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Alpharaaz Afzal Khan ceased to be Director on 12 Mar 2025.

Ceased
Alpharaaz Afzal Khan ceased to be Director.
Appointed
Jigisha Jigar Shah was appointed as Director.
AGM
Ctglobal Av Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Ctglobal Av Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Goa.
Appointed
Krishan Manu Mistry was appointed as Director.
Appointed
Ravi Chauhan was appointed as Director.
Incorporation
31 May 2019
Ctglobal Av Solutions Private Limited was registered on 31 May 2019 with Roc Goa & aged 7 years 4 months as per MCA records.

Frequently asked questions

Ctglobal Av Solutions is an active foreign private limited company based in Panaji, Goa, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 31 May 2019 (7+ years old) and is registered under CIN U72900GA2019FTC013978.

Ctglobal Av Solutions has 3 current directors:

The latest financial statements of Ctglobal Av Solutions 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 FY 2020 are in the company report.

The GSTIN of Ctglobal Av Solutions is 30AAICC2063N1ZR, registered in Goa.

The CIN (Corporate Identification Number) of Ctglobal Av Solutions is U72900GA2019FTC013978. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Ctglobal Av Solutions was incorporated on 31 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Goa.

The peers of Ctglobal Av Solutions by revenue are Syslatech Private Limited, Fintaar Technologies Private Limited, Rebelitude Online Services Private Limited, Rapidloop Technology Solutions Private Limited, Waynsys IT Solutions Private Limited and 3 more, all in the same principal business activity (computer programming, consultancy and related activities).

Alpharaaz Afzal Khan ceased to be Director on 12 Mar 2025. Jigisha Jigar Shah was appointed as Director on 11 Dec 2024. Krishan Manu Mistry was appointed as Director on 31 May 2019. Ctglobal Av Solutions has 4 board changes on record in total.

The registered office of Ctglobal Av Solutions is at 1st Floor No. 21250A Raviraj Colony Nagali Hills, Panaji, Goa, India – 403002.

Ctglobal Av Solutions operates in the information technology industry, in the IT consulting and support services segment.

Ctglobal Av Solutions can be reached at its registered office: 1st Floor No. 21250A Raviraj Colony Nagali Hills, Panaji, Goa, India – 403002.