About Expleo Technologies India Private Limited
Data last updated:
Expleo Technologies India Private Limited was a foreign private limited company based in Bangalore, Karnataka, India, operated as a subsidiary of Silver Atena 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 IT consulting and support services segment of the technology and IT services sector. It was incorporated on 25 June 2008.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2008FTC046904. Its GSTIN is 29AAMCS4382A1Z7 (Karnataka). The company held 3 GST registrations, of which 2 are active.
The company had an authorised share capital of ₹15 Cr and a paid-up capital of ₹14.04 Cr. It was formerly known as Silver Atena Electronic Systems (India) Private Limited and Assystem Technologies India Private Limited. It was led by directors David Caunce Christopher and Venkataramana Mantha.
Its last annual general meeting (AGM) was held on 07 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office was at Bangalore, Karnataka.
As per the financials filed for FY 2022, the company reported a revenue of ₹194.26 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹10.27 Cr (net margin 5.3%) and EBITDA of ₹20.25 Cr (EBITDA margin 10.4%). Revenue has grown at a compounded annual rate (CAGR) of 48% over three years and 42% over five years.
The company had about 936 employees on its provident fund (EPFO) records before it was dissolved. Its group structure included 1 subsidiary.
The company was associated with 1 brand: Expleo. Court records list 1 case involving the company, including 1 filed against it.
The last known website on record is expleogroup.com.
Company details
Name history
Expleo Technologies India has undergone 2 name changes throughout its history. The company was previously known as Silver Atena Electronic Systems (India) Private Limited, and Assystem Technologies India Private Limited. The current legal name is Expleo Technologies India Private Limited.
| Company Name | Status |
|---|---|
| Expleo Technologies India Private Limited | Current |
| Silver Atena Electronic Systems (India) Private Limited | Previous |
| Assystem Technologies India Private Limited | Previous |
Contact details
Expleo Technologies India Private Limited's registered office is in Bangalore, Karnataka. Its website is expleogroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No 201(2A) Xylem Plot No 4 & 4A 2nd Floor Dyavasandra Indl Area Itpb Main Road Ma, Hadevapura, Bangalore, Karnataka, India – 560048
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Expleo Technologies India 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
Expleo Technologies India operates one associated brand: Expleo. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Business strategy, digital transformation, and technology consulting services are provided. | expleo.com |
Business activity
The main business activity of Expleo Technologies India is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Expleo Technologies India Private Limited, buy the company report.
Financials of Expleo Technologies India Private Limited
FY 2022 filings availableExpleo Technologies India Private Limited reported revenue of ₹194.26 Cr (up 49% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 49% growth in the latest year. EBITDA rose 174% 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 | ₹20.25 Cr | ||||
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| Net Profit (PAT) | ₹10.27 Cr | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 10.4% | ||||
| Net Profit Margin | 5.3% | ||||
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To see the full financial statements and ratios of Expleo Technologies India Private Limited, buy the company report.
Board of directors of Expleo Technologies India Private Limited
Expleo Technologies India has 2 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| David Caunce Christopher | Director | 23 May 2013 | 13 Years 5 Months | As last reported |
| Venkataramana Mantha | Director | 14 Apr 2016 | 10 Years 6 Months | As last reported |
Peer comparison
Expleo Technologies India Private Limited is compared with the 4 companies closest to it by revenue in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Tricon Infotech Private Limited | ₹201.55 Cr (FY 2025) | 11.0% | Bangalore, Karnataka, India | |||
| CSM Technologies Limited | ₹200.63 Cr (FY 2025) | 1.0% | Bhubaneswar, Odisha, India | |||
| Best Hawk Infosystems Private Limited | ₹197.41 Cr (FY 2025) | 25.0% | New Delhi, Delhi, India | |||
| Expleo Technologies India Private Limitedthis company | ₹194.26 Cr (FY 2022) | ₹10.27 Cr | 5.3% | 49.0% | 936 | Bangalore, Karnataka, India |
| Quadra Systems.Net India Private Limited | ₹193.41 Cr (FY 2024) | 17.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Expleo Technologies India Private Limited, buy the company report.
Auditor
Expleo Technologies India Private Limited is audited by VARMA & VARMA for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VARMA & VARMA | FY 2021 | 004532S |
Shareholding
The shareholding of Expleo Technologies India 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) | |||||
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| Others |
To see the full shareholding pattern of Expleo Technologies India Private Limited, buy the company report.
Legal cases
Expleo Technologies India Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Siemens Industry Software India Pvt Ltd and 1 other | Disposed |
To see the full case history of Expleo Technologies India 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 Expleo Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Expleo Technologies India has 1 subsidiary company. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Silver Software Development Centre Private Limited | U72200KA2008PTC045335 |
To see the full group structure of Expleo Technologies India Private Limited, buy the company report.
Employees & EPFO
Expleo Technologies India Private Limited has a workforce of 936 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
GST
Expleo Technologies India has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAMCS4382A1Z7 | Karnataka | Active | 01 Jul 2017 |
| 33AAMCS4382A2ZH | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Expleo Technologies India Private Limited, buy the company report.
Recent activity
Expleo Technologies India Private Limited has 13 board changes on record since 2012: 2 appointments and 11 cessations. The latest: Abhijit Mukund Atre ceased to be Director on 05 Apr 2021.
4 earlier events are in the company report.
Frequently asked questions
Expleo Technologies India 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.
Expleo Technologies India was a foreign private limited company based in Bangalore, Karnataka, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 25 June 2008 and is registered under CIN U72900KA2008FTC046904. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Expleo Technologies India was incorporated on 25 June 2008. It is registered with the Registrar of Companies, Bangalore.
Expleo Technologies India had 2 directors:
- David Caunce Christopher - Director
- Venkataramana Mantha - Director
The CIN (Corporate Identification Number) of Expleo Technologies India is U72900KA2008FTC046904. 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 Expleo Technologies India is at Unit No 2012A Xylem Plot No 4 & 4A 2nd Floor Dyavasandra Indl Area Itpb Main Road Ma, Hadevapura, Bangalore, Karnataka, India – 560048.
Expleo Technologies India can be reached through the website expleogroup.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Expleo Technologies India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 07 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Expleo Technologies India is 29AAMCS4382A1Z7, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAMCS4382A2ZH (Tamil Nadu).
Expleo Technologies India operated in the information technology industry, in the IT consulting and support services segment.
The peers of Expleo Technologies India by revenue are Tricon Infotech Private Limited, CSM Technologies Limited, Best Hawk Infosystems Private Limited, Quadra Systems.Net India Private Limited, all in the Information Technology industry (IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities).