About Ge India Technology Centre Private Limited
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Ge India Technology Centre Private Limited was a private limited company based in Bangalore, Karnataka, India. 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 10 June 1999.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1999PTC025325. Its GSTIN is 29AABCG0559J1ZG (Karnataka).
The company had an authorised share capital of ₹100 Cr and a paid-up capital of ₹68.18 Cr. It was led by directors including Munesh Makhija (Managing Director) and Alok Nanda (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at Sy # 152 Export Promotionindustrial Park Phase 2 Hoodi Village, Bangalore, Karnataka, India – 560066.
As per the financials filed for FY 2016, the company reported a revenue of ₹1,170.09 Cr, a growth of 12% compared to the previous year. For the same year it recorded a net profit of ₹98.42 Cr (net margin 8.4%) and EBITDA of ₹294.26 Cr (EBITDA margin 25.1%).
The company had about 1,304 employees on its provident fund (EPFO) records before it was dissolved.
Court records list 38 cases involving the company, including 20 filed by the company and 18 filed against it; 4 cases are pending. The company has 6 deals on record (3 secondary share transfers, 2 acquisitions, 1 funding round), with disclosed funding of ₹25.67 Cr; the latest was in March 2016. Its 5 peer companies in the Information Technology industry (Application Development, IT Consulting and Services), with the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 2 larger and 3 smaller; the largest is Sita Information Networking Computing (India) Private Limited with revenue of ₹1,185.86 Cr.
The last known website on record is ge.com.
Company details
Contact details
Ge India Technology Centre Private Limited's registered office is in Bangalore, Karnataka. Its website is ge.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSy # 152 Export Promotionindustrial Park Phase 2 Hoodi Village, Bangalore, Karnataka, India – 560066
- IndustryInformation Technology, Application Development & Software Solutions, IT Consulting & Support Services
To see the full contact details of Ge India Technology Centre 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 Ge India Technology Centre 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 Ge India Technology Centre Private Limited, buy the company report.
Financials of Ge India Technology Centre Private Limited
FY 2016 filings availableGe India Technology Centre Private Limited reported revenue of ₹1,170.09 Cr (up 12% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 12% in the latest year. EBITDA rose 15% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
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| Revenue from Operations | ||
| Other Income | ||
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| Cost of Materials Consumed | ||
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| Total Expenses | ||
| EBITDA | ₹294.26 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹98.42 Cr | |
| Balance Sheet | ||
| Share Capital | ||
| Reserves and Surplus | ||
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| Inventories | ||
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Financial Ratios
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 25.1% | |
| Net Profit Margin | 8.4% | |
| Return on Equity (ROE) | ||
| Return on Capital Employed (ROCE) | ||
| Return on Assets (ROA) | ||
| Liquidity and Debt | ||
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| Quick Ratio | ||
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| Efficiency and Growth | ||
| Asset Turnover | ||
| Receivable Days | ||
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To see the full financial statements and ratios of Ge India Technology Centre Private Limited, buy the company report.
Board of directors of Ge India Technology Centre Private Limited
Ge India Technology Centre has 4 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Alok Nanda | Whole-Time Director | 16 Jul 2012 | 14 Years 3 Months | As last reported |
| Nagesh Bailur | Whole-Time Director | 13 Jul 2013 | 13 Years 3 Months | As last reported |
| Munesh Makhija | Managing Director | 17 Jul 2014 | 12 Years 3 Months | As last reported |
| Mariasundaram Sagayaraj Antony Also directs: Gorlan India Switchgears Private Limited | Whole-Time Director | 13 May 2014 | 12 Years 5 Months | As last reported |
Peer comparison
Ge India Technology Centre Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Application Development, 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 |
|---|---|---|---|---|---|---|
| Sita Information Networking Computing (India) Private Limited | ₹1,185.86 Cr (FY 2025) | 16.0% | Mumbai, Maharashtra, India | |||
| Volkswagen Group Digital Solutions Private Limited | ₹1,174.63 Cr (FY 2025) | 49.0% | Pune, Maharashtra, India | |||
| Ge India Technology Centre Private Limitedthis company | ₹1,170.09 Cr (FY 2016) | ₹98.42 Cr | 8.4% | 12.0% | 1,304 | Bangalore, Karnataka, India |
| Brillio Technologies Private Limited | ₹1,165.3 Cr (FY 2025) | 1.0% | Bangalore, Karnataka, India | |||
| Siemens Eda (India) Private Limited | ₹1,160.63 Cr (FY 2025) | 33.0% | New Delhi, Delhi, India | |||
| Motherson Technology Services Limited | ₹1,149.33 Cr (FY 2025) | 20.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Ge India Technology Centre Private Limited, buy the company report.
Auditor
Ge India Technology Centre Private Limited is audited by B S R & ASSOCIATES LLP for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & ASSOCIATES LLP | FY 2015 | 116231W/W- |
Shareholding
The shareholding of Ge India Technology Centre Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Ge India Technology Centre Private Limited, buy the company report.
Deals & funding
Ge India Technology Centre Private Limited has 6 deals on record (3 secondary share transfers, 2 acquisitions, 1 funding round), with disclosed funding of ₹25.67 Cr; the latest was in March 2016.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: GE Pacific Pte Limited Seller: Ge Mauritius Infrastructure Holdings Limited |
| Jul 2014 | Acquisition | Undisclosed | Buyer: Wipro Ge Healthcare Private Limited Seller: Ge India Technology Centre Private Limited |
| May 2013 | Secondary share transfer | Undisclosed | Seller: Ge Mauritius Infrastructure Holdings Limited, GE Pacific Pte Limited |
| Jan 2013 | Acquisition | Undisclosed | Buyer: Sabic Research & Technology Private Limited Seller: Ge India Technology Centre Private Limited |
| Nov 2012 | Secondary share transfer | Undisclosed | Seller: Ge Mauritius Infrastructure Holdings Limited, GE Pacific Pte Limited |
To see the full deal history of Ge India Technology Centre Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Ge India Technology Centre Private Limited has 38 court cases on record: 20 filed by Ge India Technology Centre, 18 filed against it. 4 cases are pending and 34 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 30 | 11 | 3 |
| District courts | 5 | 5 | 0 |
| Supreme Court | 3 | 2 | 1 |
Cases on record (5 of 38)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed against the company by Techzone Technologies Pvt Ltd A Company Reg Under | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against Deputy Commissioner of Income Tax | Pending |
| Supreme Court | Court case (1601-Direct Taxation : Income Tax Act, 1961, Wealth Tax Act, 1957, Gift Tax Act, 1958, Excess Profits Tax Act, 1940, Business Profit Tax Act, 1947 [other than matters covered by categories 1602-1605]) | Filed against the company by Assistant Commissioner of Income Tax Bangalore Assistant Commissioner of Income Tax Bangalore Circle 11(3), 14/3, 5Th Floor, R.P. Bhawan, Nrupathunga Road , District: Bangalore , , Karnataka | Pending |
| Supreme Court | Court case | Filed against the company by The Commissioner of Income Tax | Disposed |
| High Court of Karnataka | Writ petition | Filed against the company | Disposed |
To see the full case history of Ge India Technology Centre 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 Ge India Technology Centre Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Ge India Technology Centre Private Limited has a workforce of 1,304 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Ge India Technology Centre has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCG0559J1ZG | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ge India Technology Centre Private Limited, buy the company report.
Recent activity
Ge India Technology Centre Private Limited has 22 board changes on record since 2007: 4 appointments and 18 cessations. The latest: Gopichand Katragadda ceased to be Managing Director on 17 Jul 2014.
13 earlier events are in the company report.
News
Frequently asked questions
Ge India Technology Centre 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.
Ge India Technology Centre was a private limited company based in Bangalore, Karnataka, India. The company worked in application development and software solutions, within the information technology industry. It was incorporated on 10 June 1999 and is registered under CIN U85110KA1999PTC025325. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Ge India Technology Centre was incorporated on 10 June 1999. It is registered with the Registrar of Companies, Bangalore.
Ge India Technology Centre had 4 directors:
- Munesh Makhija - Managing Director
- Alok Nanda - Whole-Time Director
- Nagesh Bailur - Whole-Time Director
- Mariasundaram Sagayaraj Antony - Whole-Time Director
The CIN (Corporate Identification Number) of Ge India Technology Centre is U85110KA1999PTC025325. 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 Ge India Technology Centre is at Sy # 152 Export Promotionindustrial Park Phase 2 Hoodi Village, Bangalore, Karnataka, India – 560066.
Ge India Technology Centre can be reached through the website ge.com. Its registered office is in Bangalore, Karnataka, India.
The latest financial statements of Ge India Technology Centre on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 29 September 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of Ge India Technology Centre is 29AABCG0559J1ZG, registered in Karnataka.
Ge India Technology Centre operated in the information technology industry, in the application development and software solutions segment.
Ge India Technology Centre has 6 deals on record (3 secondary share transfers, 2 acquisitions, 1 funding round), with disclosed funding of ₹25.67 Cr; the latest was in March 2016.
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