About Mavenir Systems Private Limited
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Mavenir Systems Private Limited is a foreign private limited company based in Bengaluru, Karnataka, India, a subsidiary of Mavenir Systems Inc. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 03 January 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U32304KA2007FTC041366. Its GSTIN is 29AAECM9663N1ZK (Karnataka). The company holds 7 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors including Balagopal Gopa Kumar and Terrence Gerard Hungle.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 7th Floor Mfar Manyata Tech Park Greenheart Phase IV Nagawara Village, Bengaluru, Karnataka, India – 560045.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,215.5 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹62.35 Cr (net margin 5.1%) and EBITDA of ₹169.61 Cr (EBITDA margin 14%). Revenue has grown at a compounded annual rate (CAGR) of 3% over three years and 16% over five years.
The company has about 2,733 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Mavenir. As per MCA filings, the company has satisfied charges of ₹13 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 mavenir.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address7th Floor Mfar Manyata Tech Park Greenheart Phase IV Nagawara Village, Bengaluru, Karnataka, India – 560045
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Associated Brands with Mavenir Systems Private Limited
Mavenir Systems operates one associated brand: Mavenir. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Multi-access edge networking computing platform is provided for mobile services. | mavenir.com |
Competitors & Alternatives of Mavenir Systems Private Limited
Brands and companies operating in the same space as Mavenir Systems Private Limited include Happiest Minds, 1&1 IONOS, Genpact and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Happiest Minds | IT outsourcing services are delivered across multiple business lines. | Bengaluru, India | 2011 |
 1&1 IONOS | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States | 1988 |
 Genpact | Provider of end-to-end business process outsourcing services | New York, United States | 1997 |
 Persistent | IT consulting, data analytics, and digital transformation services are provided. | Pune, India | 1990 |
 Epam | Provider of software development, data analytics, and other IT suite services | Newtown Square, United States | 1993 |
 NTT DATA | Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan | 1967 |
 Accenture | IT and management consultancy services are provided globally. | Dublin, Ireland | 1989 |
 Breed Reply | AI, cloud, and blockchain services are provided globally. | Turin, Italy | 1996 |
 Globant | IT and digital transformation services are delivered to various industries. | Buenos Aires, Argentina | 2003 |
 UST | High-quality office furniture is provided by UST for various needs. | Taiwan | 1998 |
Business Activity of Mavenir Systems Private Limited
The main business activity of Mavenir Systems is information and communication. In detail, this covers wired, wireless or satellite telecommunication activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J5 | Wired, wireless or satellite Telecommunication activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Mavenir Systems Private Limited
Mavenir Systems Private Limited is audited by B M Manjunath and Associates for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B M Manjunath and Associates | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Mavenir Systems Private Limited
Mavenir Systems has 4 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Balagopal Gopa Kumar | Director | 19 Jul 2016 | 10 Years 2 Months | Current |
| Terrence Gerard Hungle Also directs: Mavenir International Private Limited | Director | 23 Sep 2019 | 7 Years 0 Months | Current |
| Santhosh Kumar | Director | 23 Sep 2019 | 7 Years 0 Months | Current |
| Anup Suhas Mahajan | Director | 25 Aug 2020 | 6 Years 1 Months | Current |
Financials of Mavenir Systems Private Limited FY 2025 filings available
Mavenir Systems Private Limited reported revenue of ₹1,215.5 Cr (up 3% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Mavenir Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 16% over five years, including 3% growth in the latest year. EBITDA rose 1% 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 of Mavenir Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹169.61 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹62.35 Cr | •••• | •••• | •••• | •••• |
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Financial Ratios of Mavenir Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 5.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
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| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
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Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Mavenir Systems are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Mavenir Systems Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Mavenir Systems Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Nov 2015 | The Hongkong and Shanghai Banking Corporation Limited | ₹13 Cr | Satisfied |
Total charge records: 1 View all charges
Employees and EPFO Compliance at Mavenir Systems Private Limited
Mavenir Systems Private Limited has a workforce of 2,733 employees as of Mar 30, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Mavenir Systems Private Limited
Mavenir Systems has 7 GST registrations: 7 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECM9663N1ZK | Karnataka | Active | 01 Jul 2017 |
| 29AAECM9663N2ZJ | Karnataka | Active | 21 Aug 2023 |
| 27AAECM9663N1ZO | Maharashtra | Active | 01 Jan 2018 |
| 06AAECM9663N1ZS | Haryana | Active | 22 Jun 2018 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Mavenir Systems Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- 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 Mavenir Systems Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Mavenir Systems Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Mavenir Systems Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Mavenir Systems Private Limited
Recent News on Mavenir Systems Private Limited
Frequently Asked Questions about Mavenir Systems Private Limited
Mavenir Systems is an active foreign private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 03 January 2007 (19+ years old) and is registered under CIN U32304KA2007FTC041366.
Mavenir Systems reported revenue of ₹1,215.5 Cr for FY 2025 (up 3% YoY).
Mavenir Systems has 4 current directors:
- Balagopal Gopa Kumar - Director
- Terrence Gerard Hungle - Director
- Santhosh Kumar - Director
- Anup Suhas Mahajan - Director
Mavenir Systems reported a net profit of ₹62.35 Cr (net margin 5.1%) and EBITDA of ₹169.61 Cr (EBITDA margin 14%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Mavenir Systems is 3% over three years and 16% over five years. In the latest year (FY 2025) revenue rose 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Mavenir Systems is 29AAECM9663N1ZK, registered in Karnataka. The company has 7 GST registrations in all, of which 7 are active. Other active GSTINs include 29AAECM9663N2ZJ (Karnataka), 27AAECM9663N1ZO (Maharashtra), 06AAECM9663N1ZS (Haryana).
The CIN (Corporate Identification Number) of Mavenir Systems is U32304KA2007FTC041366. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mavenir Systems was incorporated on 03 January 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
Mavenir Systems can be reached through the website mavenir.com. Its registered office is in Bengaluru, Karnataka, India.