About Sita Ips India Private Limited
Data last updated: 11 January 2026
Sita Ips India Private Limited is a foreign private limited company based in Bangalore North, Karnataka, India, a subsidiary of Materna Ips Gmbh. It specialises in aircraft and component manufacturing, a part of the broader transport and logistics sector. Incorporated on 06 March 2018, the company has been in operation for over 8 years.
Registered with ROC Bangalore under CIN U74999KA2018FTC110734.
Capital: an authorised share capital of ₹4.95 Cr and a paid-up capital of ₹4.12 Cr. Formerly known as Materna Information & Communications India Private Limited and Sita Ips India Private Limited. It is led by directors including Lieselotte Neste and Georg Oschmann.
Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Bangalore North, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹68.82 Cr, a growth of 13% compared to the previous year.
The company has a workforce of approximately 56 employees as per the latest available data. It operates as a subsidiary of Materna Ips Gmbh.
The company is associated with 1 brand - Materna Ips. As per MCA filings, the company has open charges of ₹5 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 materna-ips.com.
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Registered AddressSrl Connect 36/36/1A Jakkur Plantation, Yelahanka Bengaluru, Bangalore North, Karnataka, India – 560064
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IndustryTransport and Logistics, Aircraft & Component Manufacturing
- 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
Name History of Sita Ips India Private Limited
Sita Ips India Private Limited has undergone 2 name changes throughout its history. The company was previously known as Materna Information & Communications India Private Limited, and Sita Ips India Private Limited. The current legal name is Sita Ips India Private Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Sita Ips India Private Limited | Current |
| Materna Information & Communications India Private Limited | Previous |
Associated Brands with Sita Ips India Private Limited
Sita Ips India Private Limited operates one associated brand: Materna IPS. These brands represent Sita Ips India Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Intelligent passenger solutions are provided for airports and airlines. | materna-ips.com |
Competitors & Alternatives of Sita Ips India Private Limited
Brands and companies operating in the same space as Sita Ips India Private Limited include Travelport, Navitaire, WorldTicket and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Travelport
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Blockchain and SaaS solutions are delivered for travel providers. | Atlanta, United States, United States | 1971 |
Navitaire
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Cloud-based solutions for airline revenue and operations are provided. | Minneapolis, United States, United States | 1993 |
WorldTicket
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Passenger service systems are provided for the airline sector. | Copenhagen, Denmark, Denmark | 2002 |
AeroCRS
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Cloud-based passenger service system for aviation is provided. | Tel Aviv, Israel, Israel | 2004 |
Radixx
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Global distribution systems and tech solutions for airlines are provided. | Orlando, United States, United States | 1993 |
Airlines Technology
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NDC implementation and aggregation solutions are offered for airlines. | Gurugram, India, India | 2015 |
Travel Technology Interactive
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IT solutions for airline passenger and cargo management are provided. | Paris, France, France | 2001 |
Airlines Reporting Corporation
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Secure platform for airline partnerships, transactions, and NDC implementation services. | Arlington, United States, United States | 1985 |
2e Systems
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Aviation software for bookings, check-in, and passenger communications with global offices. | Bad Soden Salmunster, Germany, Germany | 2000 |
Business Activity of Sita Ips India Private Limited
Sita Ips India Private Limited is engaged in principal business activities including trade and professional, scientific and technical, with detailed activities including retail trading, other professional, scientific and technical activities. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | Locked |
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details for Sita Ips India Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
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Auditor Details of Sita Ips India Private Limited
Sita Ips India Private Limited is audited by KANU DOSHI ASSOCIATES 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 |
|---|---|---|---|
| KANU DOSHI ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history for Sita Ips India Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
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Board of Directors of Sita Ips India Private Limited
Sita Ips India Private Limited is currently managed by 4 directors, with 3 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 |
|---|---|---|---|---|
| Lieselotte Neste | Director | 06 Mar 2018 | 8 Years 4 Months | Current |
| Georg Oschmann | Director | 06 Mar 2018 | 8 Years 4 Months | Current |
| Shibu Mathews | Director | 24 Aug 2020 | 5 Years 10 Months | Current |
| Vipul Seth | Additional Director | 19 Aug 2025 | 0 Years 11 Months | Current |
Financials of Sita Ips India Private Limited FY 2024 filings available
Sita Ips India Private Limited reported revenue of ₹68.82 Cr (up 13.00% YoY) for FY 2024.
Ten-year financial statements for Sita Ips India Private Limited
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Ownership and Shareholding of Sita Ips India Private Limited
Shareholding and ownership data for Sita Ips India Private Limited
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Charges & Borrowings of Sita Ips India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Jan 2023 | The Hongkong and Shanghai Banking Corporation Limited | ₹5 Cr | Open |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Sita Ips India Private Limited
Sita Ips India Private Limited has a workforce of 56 employees as of Mar 29, 2024.
Employee and EPFO history for Sita Ips India Private Limited
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GST Compliance of Sita Ips India Private Limited
GST registrations and filing compliance for Sita Ips India Private Limited
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Credit Ratings, Litigation & Regulatory Alerts for Sita Ips India Private Limited
Credit ratings, litigation, and regulatory alerts for Sita Ips India Private Limited
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- Rating history
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MSME Payment Delays by Sita Ips India Private Limited
MSME payment history for Sita Ips India Private Limited
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Subsidiaries & Group Companies of Sita Ips India Private Limited
Corporate group structure for Sita Ips India Private Limited
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MCA Filings & Documents of Sita Ips India Private Limited
MCA filings and documents for Sita Ips India 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 Sita Ips India Private Limited
Frequently Asked Questions about Sita Ips India Private Limited
Sita Ips India Private Limited is an active foreign private limited company in the transport and logistics sector based in Bangalore North, Karnataka, India. It was incorporated on 06 March 2018 (8+ years old) and is registered under CIN U74999KA2018FTC110734. The company has 56 employees.
Sita Ips India Private Limited reported revenue of ₹68.82 Cr for FY 2024 (up 13.00% YoY).
The current directors of Sita Ips India Private Limited are:
- Lieselotte Neste - Director
- Georg Oschmann - Director
- Shibu Mathews - Director
- Vipul Seth - Additional Director
The primary industry of Sita Ips India Private Limited is transport and logistics. The company specifically operates in aircraft and component manufacturing. The company is currently active in this sector.
Sita Ips India Private Limited can be reached at the registered office: Srl Connect 36361A Jakkur Plantation, Yelahanka Bengaluru, Bangalore North, Karnataka, India – 560064, or through the website materna-ips.com.
The authorised capital is ₹4.95 Cr, and the paid-up capital is ₹4.12 Cr.