About Cygnet Infotech Private Limited
Data last updated: 13 March 2026
Cygnet Infotech Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 22 August 2000, the company has been in operation for over 26 years.
Registered with ROC Ahmedabad under CIN U72200GJ2000PTC038563.
Capital: an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹5.2 Cr. It is led by directors including Chatura Niraj Hutheesing and Vishal Shrenik Shah.
Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: Ahmedabad, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹234.98 Cr, a growth of 3% compared to the previous year.
The company has a workforce of approximately 999 employees as per the latest available data. Its group structure includes 2 subsidiaries.
The company is associated with 4 brands - Cygneto, Cygnet One, Hrinnova, Cygnet Infotech. As per MCA filings, the company has open charges of ₹52.81 Cr and satisfied charges of ₹17.3 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cygnet-infotech.com.
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Registered Address16 – Swastik Society Nr. Amco Bank Stadium Circle Opp. Diamond Plaza Navr, Angpura, Ahmedabad, Gujarat, India – 380009
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IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Cygnet Infotech Private Limited
Cygnet Infotech Private Limited operates multiple associated brands including Cygneto, Cygnet One, and HRInnova. These brands represent Cygnet Infotech Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Offers online sports betting and casino games via mobile app. | cygneto-apps.com | |
| A software solution for efficient accounting and financial management. | cygnet.one | |
| Delivers a web-based HRMS suite tailored for small and medium-sized businesses. | hrinnova.com | |
| IT services, tax and finance solutions, and digital engineering. | cygnet-infotech.com |
Competitors & Alternatives of Cygnet Infotech Private Limited
Brands and companies operating in the same space as Cygnet Infotech Private Limited include Qonto, Gusto, Rippling and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Qonto
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Subscription-based online banking is offered to SMEs and freelancers. | Paris, France, France | 2017 |
Gusto
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Cloud-based HR and payroll solutions are offered for small businesses. | San Francisco, United States, United States | 2012 |
Rippling
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Cloud-based HR management suite is provided for employee operations. | San Francisco, United States, United States | 2016 |
Paycor
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Cloud-based HRMS platform is provided for small and medium-sized businesses. | Cincinnati, United States, United States | 1990 |
Personio
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Cloud-based HRMS platform is offered for small and medium-sized businesses. | Munich, Germany, Germany | 2015 |
Paychex
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Cloud-based HRMS solutions are delivered for payroll and employee management. | New York, United States, United States | 1971 |
Homebase
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Workforce scheduling and time tracking are facilitated by Homebase software. | San Francisco, United States, United States | 2014 |
TriNet
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Cloud-based HRMS platform is offered for small and medium businesses. | Dublin, United States, United States | 1988 |
Employment Hero
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End-to-end HR, payroll, and benefits platform is provided. | Sydney, Australia, Australia | 2014 |
Lili
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Digital banking services are offered to freelancers. | New York, United States, United States | 2018 |
Business Activity of Cygnet Infotech Private Limited
Cygnet Infotech Private Limited is engaged in the principal business activity of information and communication, with detailed activities including computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | Locked |
Business activity turnover details for Cygnet Infotech Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Cygnet Infotech Private Limited
Cygnet Infotech Private Limited is audited by K C Mehta & Co LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
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| K C Mehta & Co LLP | Locked | Locked | Locked |
Complete auditor history for Cygnet Infotech Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Cygnet Infotech Private Limited
Cygnet Infotech Private Limited is currently managed by 7 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Chatura Niraj Hutheesing
Also directs:
Swa Art And Craft Llp, Cygnet Enterprise Private Limited, Cygnet Ace Fintech Private Limited and 3 more
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Whole-Time Director | 29 Aug 2009 | 16 Years 11 Months | Current |
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Vishal Shrenik Shah
Also directs:
Cygnet Enterprise Private Limited
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Director | 27 Dec 2000 | 25 Years 7 Months | Current |
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Niraj Karnik Hutheesing
Also directs:
Swa Art And Craft Llp, Jpoxy Polymers Llp, Cygnet Enterprise Private Limited and 5 more
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Managing Director | 22 Aug 2000 | 25 Years 11 Months | Current |
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Keval Niraj Hutheesing
Also directs:
Cygnet Account Aggregation Private Limited
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Director | 30 Aug 2022 | 3 Years 11 Months | Current |
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Tejinderpalsingh Pritamsingh Oberoi
Also directs:
Jpoxy Polymers Llp, Cygnet Enterprise Private Limited, Cygnet Fintech Ifsc Private Limited and 2 more
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Whole-Time Director | 10 Dec 2013 | 12 Years 8 Months | Current |
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Apurva Shivji Ashar
Also directs:
Cygnet Digital Private Limited
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Whole-Time Director | 01 Nov 2012 | 13 Years 9 Months | Current |
Financials of Cygnet Infotech Private Limited FY 2025 filings available
Cygnet Infotech Private Limited reported revenue of ₹234.98 Cr (up 3.00% YoY) for FY 2025.
Ten-year financial statements for Cygnet Infotech Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
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Verified entity values are shown only after access is granted.
Ownership and Shareholding of Cygnet Infotech Private Limited
Shareholding and ownership data for Cygnet Infotech Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
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Group Structure of Cygnet Infotech Private Limited
Cygnet Infotech Private Limited has 2 subsidiary companies and 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Cygnet Infotech Private Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Cygnet Fintech Ifsc Private Limited | U67200GJ2023PTC138589 | Locked |
| Cygnto Apps Private Limited (India) | U74140GJ2015PTC083929 | Locked |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Cygnet Infotech Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jun 2018 | Others | ₹52.81 Cr | Open |
| 14 Aug 2014 | Kotak Mahindra Bank Limited | ₹10 Cr | Satisfied |
| 22 Dec 2009 | Citibank N. A. | ₹4 Cr | Satisfied |
| 11 Dec 2009 | Citi Bank N.A. | ₹3 Cr | Satisfied |
| 23 Nov 2006 | Syndicate Bank | ₹30 Lakh | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Cygnet Infotech Private Limited
Cygnet Infotech Private Limited has a workforce of 999 employees as of Apr 07, 2024.
Employee and EPFO history for Cygnet Infotech Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Cygnet Infotech Private Limited
GST registrations and filing compliance for Cygnet Infotech Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Cygnet Infotech Private Limited
Credit ratings, litigation, and regulatory alerts for Cygnet Infotech Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- 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 Cygnet Infotech Private Limited
MSME payment history for Cygnet Infotech Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Cygnet Infotech Private Limited
Corporate group structure for Cygnet Infotech Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Cygnet Infotech Private Limited
MCA filings and documents for Cygnet Infotech Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
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- Complete filing index
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Recent Activity on Cygnet Infotech Private Limited
Recent News on Cygnet Infotech Private Limited
Frequently Asked Questions about Cygnet Infotech Private Limited
Cygnet Infotech Private Limited is an active private limited company in the information technology sector based in Ahmedabad, Gujarat, India. It was incorporated on 22 August 2000 (26+ years old) and is registered under CIN U72200GJ2000PTC038563. The company has 999 employees.
Cygnet Infotech Private Limited reported revenue of ₹234.98 Cr for FY 2025 (up 3.00% YoY).
The current directors of Cygnet Infotech Private Limited are:
- Chatura Niraj Hutheesing - Whole-Time Director
- Vishal Shrenik Shah - Director
- Niraj Karnik Hutheesing - Managing Director
- Keval Niraj Hutheesing - Director
- Tejinderpalsingh Pritamsingh Oberoi - Whole-Time Director
- Apurva Shivji Ashar - Whole-Time Director
- Pankaj Dikshit - Additional Director
The primary industry of Cygnet Infotech Private Limited is information technology. The company specifically operates in application development and software solutions. The company is currently active in this sector.
Cygnet Infotech Private Limited can be reached at the registered office: 16 – Swastik Society Nr. Amco Bank Stadium Circle Opp. Diamond Plaza Navr, Angpura, Ahmedabad, Gujarat, India – 380009, or through the website cygnet-infotech.com.
The authorised capital is ₹7.5 Cr, and the paid-up capital is ₹5.2 Cr.