About Cuelogic Technologies Private Limited
Data last updated:
Cuelogic Technologies Private Limited was a private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Larsen & Toubro Infotech Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 29 January 2010.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U72200PN2010PTC135420. Its GSTIN is 27AADCC8584H1ZA (Maharashtra).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors including Vikrant Vasant Labde and Vinit Ajit Teredesai.
Its last annual general meeting (AGM) was held on 30 May 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at Godrej Eternia – A 4th To 9th Floor Wakdewadi, Old Mumbai – Pune Road Shivaji Nagar Pune, Maharashtra, India – 411005.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.59 Cr, a decline of 97% compared to the previous year. For the same year it recorded a net loss of ₹27.54 Lakh (net margin -17.3%) and EBITDA of ₹26.63 Lakh (EBITDA margin 16.8%). Revenue has declined at a compounded annual rate (CAGR) of 60% over three years and 37% over five years.
The company had about 64 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Cuelogic. As per MCA filings, the company had satisfied charges of ₹50 Lakh on record. The company has 1 deal on record (1 acquisition); the latest was in June 2021.
The last known website on record is cuelogic.com.
Company details
Contact details
Cuelogic Technologies Private Limited's registered office is in Pune, Maharashtra. Its website is cuelogic.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressGodrej Eternia – A 4th To 9th Floor Wakdewadi, Old Mumbai – Pune Road Shivaji Nagar Pune, Maharashtra, India – 411005
- IndustryInformation Technology, Application Development & Software Solutions, Web Design & Maintenance Services
To see the full contact details of Cuelogic Technologies 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
Brands
Cuelogic Technologies operates one associated brand: Cuelogic. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Application development and cloud services are provided by Cuelogic. | cuelogic.com |
Business activity
The main business activity of Cuelogic Technologies is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Cuelogic Technologies Private Limited, buy the company report.
Financials of Cuelogic Technologies Private Limited
FY 2023 filings availableCuelogic Technologies Private Limited reported revenue of ₹1.59 Cr (down 97% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 37% over five years, including a 97% fall in the latest year. EBITDA fell 92% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| Profit and Loss Statement | |||||
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| Total Revenue | ₹1.59 Cr | ||||
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| Total Expenses | |||||
| EBITDA | ₹26.63 Lakh | ||||
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| Tax Expense | |||||
| Net Profit (PAT) | -₹27.54 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 16.8% | ||||
| Net Profit Margin | -17.3% | ||||
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To see the full financial statements and ratios of Cuelogic Technologies Private Limited, buy the company report.
Board of directors of Cuelogic Technologies Private Limited
Cuelogic Technologies has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vikrant Vasant Labde | Director | 16 Jul 2022 | 4 Years 3 Months | As last reported |
| Vinit Ajit Teredesai Also directs: Persistent Systems Limited | Director | 19 Dec 2022 | 3 Years 10 Months | As last reported |
| Nachiket Gopal Deshpande | Director | 07 Jul 2021 | 5 Years 4 Months | As last reported |
Auditor
Cuelogic Technologies Private Limited is audited by KPCA & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KPCA & Co | FY 2023 | 142977W |
Shareholding
The shareholding of Cuelogic Technologies 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cuelogic Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Feb 2020 | 100324456 | Hdfc Bank Limited | ₹25 Lakh | Satisfied | |
| 17 Aug 2017 | 100289982 | Others | ₹25 Lakh | Satisfied |
To see the full charge records of Cuelogic Technologies Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Cuelogic Technologies Private Limited has 1 deal on record (1 acquisition); the latest was in June 2021.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2021 | Acquisition | Undisclosed | Buyer: LTM Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Cuelogic Technologies Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Cuelogic Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cuelogic Technologies Private Limited has a workforce of 64 employees on its EPFO records as of Dec 2021, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2021-22 | 64 |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Cuelogic Technologies Private Limited, buy the company report.
GST
Cuelogic Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCC8584H1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cuelogic Technologies Private Limited, buy the company report.
Recent activity
Cuelogic Technologies Private Limited has 9 board changes on record since 2016: 3 appointments and 6 cessations. The latest: Vinit Ajit Teredesai ceased to be Additional Director on 29 May 2023.
4 earlier events are in the company report.
News
Frequently asked questions
Cuelogic Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Cuelogic Technologies was a private limited company based in Pune, Maharashtra, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 29 January 2010 and is registered under CIN U72200PN2010PTC135420. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Cuelogic Technologies was incorporated on 29 January 2010. It is registered with the Registrar of Companies, Pune.
Cuelogic Technologies had 3 directors:
- Vikrant Vasant Labde - Director
- Vinit Ajit Teredesai - Director
- Nachiket Gopal Deshpande - Director
The CIN (Corporate Identification Number) of Cuelogic Technologies is U72200PN2010PTC135420. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Cuelogic Technologies is at Godrej Eternia – A 4th To 9th Floor Wakdewadi, Old Mumbai – Pune Road Shivaji Nagar Pune, Maharashtra, India – 411005.
Cuelogic Technologies can be reached through the website cuelogic.com. Its registered office is in Pune, Maharashtra, India.
The latest financial statements of Cuelogic Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 May 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Cuelogic Technologies is 27AADCC8584H1ZA, registered in Maharashtra.
Cuelogic Technologies operated in the information technology industry, in the application development and software solutions segment.
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