About Cygnus Technologies Private Limited
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Cygnus Technologies Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the corporate training and development segment of the education sector. It was incorporated on 28 February 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2003PTC139392. Its GSTIN is 27AACCC1130A1ZL (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Vidhi Manoj More and Manoj Shahaji More.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 139 Hiramanidr B A Road Lalbaug, Mumbai, Maharashtra, India – 400012.
As per the financials filed for FY 2023, the company reported a revenue of ₹133.45 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net profit of ₹1 Cr (net margin 0.8%) and EBITDA of ₹6.31 Cr (EBITDA margin 4.7%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 12% over five years.
As per MCA filings, the company has open charges of ₹20.21 Cr and satisfied charges of ₹1.35 Cr on record. Court records list 5 cases involving the company, including 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website cygnusit.com.
Company details
Contact details
Cygnus Technologies Private Limited's registered office is in Mumbai, Maharashtra. Its website is cygnusit.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address139 Hiramanidr B A Road Lalbaug, Mumbai, Maharashtra, India – 400012
- IndustryEducation, Corporate Training & Development
To see the full contact details of Cygnus 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
Business activity
The main business activity of Cygnus Technologies is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Cygnus Technologies Private Limited, buy the company report.
Financials of Cygnus Technologies Private Limited
FY 2023 filings availableCygnus Technologies Private Limited reported revenue of ₹133.45 Cr (down 9% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 12%. EBITDA rose 43% 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
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| EBITDA | ₹6.31 Cr | ||||
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| Net Profit (PAT) | ₹1 Cr | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | 4.7% | ||||
| Net Profit Margin | 0.8% | ||||
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To see the full financial statements and ratios of Cygnus Technologies Private Limited, buy the company report.
Board of directors of Cygnus Technologies Private Limited
Cygnus Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vidhi Manoj More | Director | 23 Apr 2018 | 8 Years 5 Months | Current |
| Manoj Shahaji More | Director | 30 Nov 2021 | 4 Years 10 Months | Current |
Peer comparison
Cygnus Technologies Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Dhruv Distributors Private Limited | ₹136.59 Cr (FY 2025) | 9.0% | Mumbai, Maharashtra, India | |||
| Uniview Technology India Private Limited | ₹134.95 Cr (FY 2025) | -6.0% | Chennai, Tamil Nadu, India | |||
| Cygnus Technologies Private Limitedthis company | ₹133.45 Cr (FY 2023) | ₹1 Cr | 0.8% | -9.0% | Mumbai, Maharashtra, India | |
| Transtek Infoways Private Limited | ₹131.01 Cr (FY 2024) | -8.0% | New Delhi, Delhi, India | |||
| Riso India Private Limited | ₹130.69 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India |
To see the full peer comparison of Cygnus Technologies Private Limited, buy the company report.
Auditor
Cygnus Technologies Private Limited is audited by P C SURANA & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P C SURANA & CO | FY 2023 | 110631W |
Shareholding
The shareholding of Cygnus 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
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To see the full shareholding pattern of Cygnus Technologies Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Apr 2023 | 100705881 | Others | ₹8.26 Cr | Open | |
| 21 Jul 2017 | 100118420 | Yes Bank Limited | ₹10.95 Cr | Open | |
| 26 Oct 2016 | 100062084 | Others | ₹1 Cr | Open | |
| 11 Dec 2009 | 10191548 | The Mahanagar Co-Op. Bank. Ltd. | ₹1.35 Cr | Satisfied |
To see the full charge records of Cygnus Technologies Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Cygnus Technologies Private Limited has 5 court cases on record: 5 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by PNB Housing Finance Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case SC) | Filed against the company by Ingram Micro India Pvt Ltd | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Supertron Electronics Pvt. Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Adani Capital Pvt Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Adani Capital Pvt Ltd | Disposed |
To see the full case history of Cygnus Technologies 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
No delayed payments to MSME suppliers are on our record for Cygnus Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Cygnus Technologies Private Limited has 1 active EPFO establishment as of May 04, 2024.
GST
Cygnus Technologies has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCC1130A1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Cygnus Technologies Private Limited, buy the company report.
Recent activity
Cygnus Technologies Private Limited has 5 board changes on record since 2018: 2 appointments and 3 cessations. The latest: Swapnil Ramnath Patil ceased to be Director on 22 Mar 2022.
3 earlier events are in the company report.
Frequently asked questions
Cygnus Technologies is an active private limited company based in Mumbai, Maharashtra, India. The company works in corporate training and development, within the education industry. It was incorporated on 28 February 2003 (23+ years old) and is registered under CIN U72900MH2003PTC139392.
Cygnus Technologies has 2 current directors:
- Vidhi Manoj More - Director
- Manoj Shahaji More - Director
The latest financial statements of Cygnus Technologies on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Cygnus Technologies is 27AACCC1130A1ZL, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Cygnus Technologies is U72900MH2003PTC139392. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Cygnus Technologies has 5 court cases on record: 5 filed against it. 2 are pending.
Cygnus Technologies was incorporated on 28 February 2003, making it 23+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Cygnus Technologies by revenue are Dhruv Distributors Private Limited, Uniview Technology India Private Limited, Transtek Infoways Private Limited, Riso India Private Limited, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading).
Swapnil Ramnath Patil ceased to be Director on 22 Mar 2022. Manoj Shahaji More was appointed as Director on 30 Nov 2021. Amit Shahaji More ceased to be Director on 22 Mar 2019. Cygnus Technologies has 5 board changes on record in total.
Cygnus Technologies can be reached through the website cygnusit.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Cygnus Technologies is at 139 Hiramanidr B A Road Lalbaug, Mumbai, Maharashtra, India – 400012.