About Signet Technologies Private Limited
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Signet Technologies Private Limited is a private limited company based in Nagpur, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 22 February 1996 and has been in existence for over 30 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH1996PTC097522. Its GSTIN is 27AAGCS3059N1ZU (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ravindranath Achuthan Menon and Prashant Haribhau Kshirsagar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 14 Utkarsh Apartment Ring Road Kotwal Nagar, Nagpur, Maharashtra, India – 440022.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.56 Cr, a decline of 46% compared to the previous year. For the same year it recorded a net profit of ₹25,000 (net margin 0.1%) and EBITDA of ₹4.93 Lakh (EBITDA margin 1.9%). Revenue has declined at a compounded annual rate (CAGR) of 14% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹1.03 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 signet-india.co.in.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address14 Utkarsh Apartment Ring Road Kotwal Nagar, Nagpur, Maharashtra, India – 440022
- IndustryInformation Technology, IT Products Retail & Distribution
- 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
Business Activity of Signet Technologies Private Limited
The main business activity of Signet Technologies is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers wholesale trade, except of motor vehicles and motorcycles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Wholesale and retail trade; repair of motor vehicles and motorcycles | 46 | Wholesale trade, except of motor vehicles and motorcycles | 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.
Financials of Signet Technologies Private Limited FY 2024 filings available
Signet Technologies Private Limited reported revenue of ₹2.56 Cr (down 46% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Signet Technologies Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 46% fall in the latest year. EBITDA fell 16% 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 Signet Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹4.93 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25,000 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Signet Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 1.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
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 Signet Technologies 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.
Peer Comparison of Signet Technologies Private Limited
Signet Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Products Retail and Distribution). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Onbv Services India Private Limited | ₹2.57 Cr (FY 2025) | •••• | •••• | -2.0% | •••• | Gurgaon, Haryana, India |
| Space Link Systems Private Limited | ₹2.57 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | New Delhi, Delhi, India |
| Aitco Telesystems Private Limited | ₹2.57 Cr (FY 2023) | •••• | •••• | 53.0% | •••• | New Delhi, Delhi, India |
| Kymik Technology Private Limited | ₹2.56 Cr (FY 2022) | •••• | •••• | •••• | Delhi, India | |
| Space Computech India Private Limited | ₹2.56 Cr (FY 2025) | •••• | •••• | -13.0% | •••• | Kolkata, West Bengal, India |
| Signet Technologies Private Limited this company | ₹2.56 Cr (FY 2025) | •••• | •••• | -46.0% | •••• | Nagpur, Maharashtra, India |
| Nextgeneration 3Dprinters Private Limited | ₹2.56 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Chennai, Tamil Nadu, India |
| Enigma Control & Solution Private Limited | ₹2.55 Cr (FY 2024) | •••• | •••• | 13160.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Jai Bajrang Electronic Private Limited | ₹2.55 Cr (FY 2025) | •••• | •••• | 2549.0% | •••• | Delhi, India |
| Digital Intelligence Technologies (India) Private Limited | ₹2.55 Cr (FY 2023) | •••• | •••• | -5.0% | •••• | Bangalore, Karnataka, India |
| Cti Global Resources Private Limited | ₹2.55 Cr (FY 2024) | •••• | •••• | 154.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Signet Technologies by revenue in the Information Technology industry (IT Products Retail and Distribution), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Signet Technologies Private Limited
Signet Technologies Private Limited is audited by SAMRIA & CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SAMRIA & CO | 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 Signet Technologies Private Limited
Signet Technologies has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravindranath Achuthan Menon | Director | 01 Oct 2000 | 26 Years 0 Months | Current |
| Prashant Haribhau Kshirsagar | Director | 01 Oct 2000 | 26 Years 0 Months | Current |
| Shreegopal Madanlal Soni | Director | 22 Feb 1996 | 30 Years 7 Months | Current |
Ownership and Shareholding of Signet Technologies 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 Signet Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Jul 2017 | Others | ₹9 Lakh | Open |
| 29 Jun 2012 | Canara Bank | ₹6.5 Lakh | Open |
| 31 Jan 2009 | Canara Bank | ₹62 Lakh | Open |
| 19 Apr 2002 | Canara Bank | ₹25 Lakh | Open |
Total charge records: 4 View all charges
Employees and EPFO Compliance at Signet Technologies Private Limited
Employment history and EPFO contributions of people linked to Signet Technologies.
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.
Recent Activity on Signet Technologies Private Limited
Signet Technologies Private Limited has 6 board changes on record since 1996: 3 appointments and 3 cessations. The latest: Shyamsunder Madanlal Soni ceased to be Director on 15 Apr 2019.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Signet Technologies 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 Signet Technologies 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 Signet Technologies 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.
GST Compliance of Signet Technologies Private Limited
Signet Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCS3059N1ZU | Maharashtra | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Signet Technologies 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.
Frequently Asked Questions about Signet Technologies Private Limited
Signet Technologies is an active private limited company based in Nagpur, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 22 February 1996 (30+ years old) and is registered under CIN U72200MH1996PTC097522.
Signet Technologies reported revenue of ₹2.56 Cr for FY 2025 (down 46% YoY).
Signet Technologies has 3 current directors:
- Ravindranath Achuthan Menon - Director
- Prashant Haribhau Kshirsagar - Director
- Shreegopal Madanlal Soni - Director
Signet Technologies reported a net profit of ₹25,000 (net margin 0.1%) and EBITDA of ₹4.93 Lakh (EBITDA margin 1.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Signet Technologies is -14% over three years and -2% over five years. In the latest year (FY 2025) revenue fell 46%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Signet Technologies is 27AAGCS3059N1ZU, registered in Maharashtra.
The CIN (Corporate Identification Number) of Signet Technologies is U72200MH1996PTC097522. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Signet Technologies was incorporated on 22 February 1996, making it 30+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Signet Technologies by revenue are Onbv Services India Private Limited, Space Link Systems Private Limited, Aitco Telesystems Private Limited, Kymik Technology Private Limited, Space Computech India Private Limited and 5 more, all in the Information Technology industry (IT Products Retail and Distribution).
Shyamsunder Madanlal Soni ceased to be Director on 15 Apr 2019. Milind Marotrao Bodkhe ceased to be Director on 05 Sep 2008. Naresh Mulchand Jain ceased to be Director on 05 Sep 2008. Signet Technologies has 6 board changes on record in total.
Signet Technologies can be reached through the website signet-india.co.in. Its registered office is in Nagpur, Maharashtra, India.