Cyan Technical Services Private Limited
About Cyan Technical Services Private Limited
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Cyan Technical Services Private Limited was a private limited company based in Ahmedabad, Gujarat, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 22 May 2012.
The company was registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45206GJ2012PTC070426. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Darshan Dhanprasad Dave and Sanjay Lachhmandas Basantani.
Its last annual general meeting (AGM) was held on 27 September 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 16 GF Trade Centre Amichand Park Stadium Circle Navrangpura, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2021, the company reported a revenue of ₹29,151, a decline of 99% compared to the previous year. For the same year it recorded a net loss of ₹12,141 (net margin -41.6%) and EBITDA of -₹12,082 (EBITDA margin -41.4%). Revenue has declined at a compounded annual rate (CAGR) of 77% over three years and 66% over five years.
Company details
Contact details
Cyan Technical Services Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address16 GF Trade Centre Amichand Park Stadium Circle Navrangpura, Ahmedabad, Gujarat, India – 380009
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Cyan Technical Services 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
Financials of Cyan Technical Services Private Limited
FY 2021 filings availableCyan Technical Services Private Limited reported revenue of ₹29,151 (down 99% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 66% over five years, including a 99% fall in the latest year. EBITDA fell 117% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹29,151 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹12,082 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹12,141 | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -41.4% | ||||
| Net Profit Margin | -41.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Cyan Technical Services Private Limited, buy the company report.
Board of directors of Cyan Technical Services Private Limited
Cyan Technical Services has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Darshan Dhanprasad Dave Also directs: Vision Hvac Private Limited | Director | 26 May 2015 | 11 Years 4 Months | As last reported |
| Sanjay Lachhmandas Basantani Also directs: Milestone Technical Services Private Limited | Director | 26 May 2015 | 11 Years 4 Months | As last reported |
Peer comparison
Cyan Technical Services Private Limited is compared with the 10 companies closest to it by revenue in the Consumer Services industry (Professional Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Godaura Devices Private Limited | ₹30,000 (FY 2025) | -92.0% | Indore, Madhya Pradesh, India | |||
| Multiwyn Properties Pvt Ltd | ₹29,900 (FY 2024) | 2.0% | Kolkata, West Bengal, India | |||
| Design India Pvt. Ltd. | ₹29,772 (FY 2024) | -29.0% | Kolkata, West Bengal, India | |||
| Zealver Living Private Limited | ₹29,615 (FY 2025) | Mumbai, Maharashtra, India | ||||
| Radsun Technologies Limited | ₹29,600 (FY 2025) | -3.0% | Delhi, India | |||
| Cyan Technical Services Private Limitedthis company | ₹29,151 (FY 2021) | -₹12,141 | -41.6% | -99.0% | Ahmedabad, Gujarat, India | |
| Stellar Advisory Services Private Limited | ₹29,000 (FY 2025) | New Delhi, Delhi, India | ||||
| Redwood Distribution Private Limited | ₹28,910 (FY 2023) | Gmc, Assam, India | ||||
| Sunwatt Energy Private Limited | ₹28,780 (FY 2024) | 12.0% | New Delhi, Delhi, India | |||
| MJS Trustee Company Private Limited | ₹28,741 (FY 2025) | 19.0% | Mumbai, Maharashtra, India | |||
| Sally Interiors & Designers Private Limited | ₹28,600 (FY 2025) | -68.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Cyan Technical Services Private Limited, buy the company report.
Auditor
Cyan Technical Services Private Limited is audited by DARSHAN BAKUL & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DARSHAN BAKUL & ASSOCIATES | FY 2021 | 129767W |
Shareholding
The shareholding of Cyan Technical Services Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Cyan Technical Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Cyan Technical Services 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 Cyan Technical Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Cyan Technical Services has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Cyan Technical Services Private Limited, buy the company report.
Recent activity
Cyan Technical Services Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Lalit Jain ceased to be Director on 07 Feb 2017.
Frequently asked questions
Cyan Technical Services has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Cyan Technical Services was a private limited company based in Ahmedabad, Gujarat, India. The company worked in consumer professional services, within the travel and hospitality industry. It was incorporated on 22 May 2012 and is registered under CIN U45206GJ2012PTC070426. The company has been struck off by the Registrar of Companies and is no longer operational.
Cyan Technical Services had 2 directors:
- Darshan Dhanprasad Dave - Director
- Sanjay Lachhmandas Basantani - Director
The CIN (Corporate Identification Number) of Cyan Technical Services is U45206GJ2012PTC070426. 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 Cyan Technical Services is at 16 GF Trade Centre Amichand Park Stadium Circle Navrangpura, Ahmedabad, Gujarat, India – 380009.
Cyan Technical Services was incorporated on 22 May 2012. It is registered with the Registrar of Companies, Ahmedabad.
The latest financial statements of Cyan Technical Services on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 27 September 2021. Year-wise statements from 2015 are in the company report.
No. Cyan Technical Services has 1 GST registration on record and it is cancelled or inactive.
Cyan Technical Services operated in the travel and hospitality industry, in the consumer professional services segment. It worked in this industry before it was struck off.
The peers of Cyan Technical Services by revenue are Godaura Devices Private Limited, Multiwyn Properties Pvt Ltd, Design India Pvt. Ltd, Zealver Living Private Limited, Radsun Technologies Limited and 5 more, all in the Consumer Services industry (Professional Services).
Lalit Jain ceased to be Director on 07 Feb 2017. Vivek Lalitkumar Jain ceased to be Director on 07 Feb 2017. Darshan Dhanprasad Dave was appointed as Director on 26 May 2015. Cyan Technical Services has 4 board changes on record in total.