About Targus Technologies Private Limited
Data last updated:
Targus Technologies Private Limited is a private limited company based in New, Delhi, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 02 June 1998 and has been in existence for over 28 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1998PTC094209. Its GSTIN is 07AABCT1516G1ZP (Delhi). The company holds 11 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹22.7 Lakh. It is led by directors Raunaq Singh and Balwinder Singh.
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 Kh No. 331/1/2 Basement Left Side NH – 8 Rangpuri Mahipal Pur New Delhi 110, 037, Delhi, India – 110037.
As per the financials filed for FY 2025, the company reported a revenue of ₹525.95 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net profit of ₹11.25 Cr (net margin 2.1%) and EBITDA of ₹18.78 Cr (EBITDA margin 3.6%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 18% over five years.
The company has about 115 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹162.59 Cr and satisfied charges of ₹25.32 Cr on record. Court records list 22 cases involving the company, including 13 filed by the company and 9 filed against it; 4 cases are pending. The company has 2 deals on record (2 secondary share transfers); the latest was in March 2016. Its 10 peer companies in the Information Technology industry (IT Consulting and Services, Infrastructure Management) are compared by revenue, 5 larger and 5 smaller; the largest is Terracis Digital Limited with revenue of ₹541.28 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website targustech.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressKh No. 331/1/2 Basement Left Side NH – 8 Rangpuri Mahipal Pur New Delhi 110, 037, Delhi, India – 110037
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Targus Technologies Private Limited
The main business activity of Targus Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service 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.
Financials of Targus Technologies Private Limited FY 2024 filings available
Targus Technologies Private Limited reported revenue of ₹525.95 Cr (up 18% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Targus Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 18% growth in the latest year. EBITDA rose 26% 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 Targus 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 | ₹18.78 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.25 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Targus Technologies Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 2.1% | •••• | •••• | •••• | •••• |
| 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 Targus 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 Targus Technologies Private Limited
Targus Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (IT Consulting and Services, Infrastructure Management). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Terracis Digital Limited | ₹541.28 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Mumbai, Maharashtra, India |
| Cmcorps Limited | ₹540.06 Cr (FY 2021) | •••• | •••• | 6.0% | •••• | New Delhi, Delhi, India |
| HP PPS Services India Private Limited | ₹537.5 Cr (FY 2025) | •••• | •••• | 2.0% | •••• | Bangalore South, Karnataka, India |
| Franklin Templeton International Services (India )Private Limited | ₹528.33 Cr (FY 2021) | •••• | •••• | -7.0% | •••• | Mumbai, Maharashtra, India |
| Emudhra Limited Listed | ₹527.84 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Bangalore, Karnataka, India |
| Targus Technologies Private Limited this company | ₹525.95 Cr (FY 2025) | •••• | •••• | 18.0% | •••• | New Delhi, Delhi, India |
| Orbit Techsol India Private Limited | ₹514.85 Cr (FY 2025) | •••• | •••• | 29.0% | •••• | New Delhi, Delhi, India |
| Ashtech Infotech (India) Private Limited | ₹513.74 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Proactive Data Systems Private Limited | ₹511.96 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | New Delhi, Delhi, India |
| Sasken Technologies Limited Listed | ₹507.79 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Bangalore, Karnataka, India |
| Synechron Digital Payments Services Private Limited | ₹504.55 Cr (FY 2023) | •••• | •••• | 26.0% | •••• | Pune City, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Targus Technologies by revenue in the Information Technology industry (IT Consulting and Services, Infrastructure Management), 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 Targus Technologies Private Limited
Targus Technologies Private Limited is audited by R Chadha & Associates. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R Chadha & 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 Targus Technologies Private Limited
Targus Technologies has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Raunaq Singh | Director | 20 Mar 2007 | 19 Years 6 Months | Current |
| Balwinder Singh | Director | 02 Jun 1998 | 28 Years 4 Months | Current |
Ownership and Shareholding of Targus 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 Targus Technologies Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 19 Dec 2025 | Hdfc Bank Limited | ₹30 Lakh | Open |
| 26 Sep 2025 | Others | ₹80 Lakh | Open |
| 26 Aug 2025 | Hdfc Bank Limited | ₹87 Lakh | Open |
| 29 Jan 2025 | Others | ₹75 Lakh | Open |
| 21 Feb 2024 | Others | ₹50 Lakh | Open |
Total charge records: 18 View all charges
Deals & Funding of Targus Technologies Private Limited
Targus Technologies Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2016.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 2 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Targus Technologies Private Limited
Targus Technologies Private Limited has 22 court cases on record: 13 filed by Targus Technologies, 9 filed against it. 4 cases are pending and 18 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 8 | 4 |
| High courts | 4 | 0 | 0 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against Virtuoso Technologies and Consulting Private Limited | Pending |
| District court, South, Delhi | Civil suit | Filed by the company against Aman Hospitality Private Limited | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against Aman Hospitality Private Limited | Disposed |
| High Court of Delhi | Court case (CO.PET.) | Filed by the company against Edu Smart Services Private Limited | Disposed |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed by the company against an individual | Pending |
Full case history
All 22 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Targus Technologies Private Limited
Targus Technologies Private Limited has a workforce of 115 employees as of Apr 08, 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.
Recent Activity on Targus Technologies Private Limited
Targus Technologies Private Limited has 8 board changes on record since 1998: 5 appointments and 3 cessations. The latest: Minal Satyen Desai ceased to be Additional Director on 09 Jan 2026.
30 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Targus 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 Targus 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 Targus 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 Targus Technologies Private Limited
Targus Technologies has 11 GST registrations: 8 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AABCT1516G1ZP | Delhi | Active | 01 Jul 2017 |
| 04AABCT1516G1ZV | Chandigarh | Active | 01 Jul 2017 |
| 06AABCT1516G1ZR | Haryana | Active | 01 Jul 2017 |
| 09AABCT1516G1ZL | Uttar Pradesh | 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 Targus 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 Targus Technologies Private Limited
Targus Technologies is an active private limited company based in New, Delhi, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 02 June 1998 (28+ years old) and is registered under CIN U74899DL1998PTC094209.
Targus Technologies reported revenue of ₹525.95 Cr for FY 2025 (up 18% YoY).
Targus Technologies has 2 current directors:
- Raunaq Singh - Director
- Balwinder Singh - Director
Targus Technologies reported a net profit of ₹11.25 Cr (net margin 2.1%) and EBITDA of ₹18.78 Cr (EBITDA margin 3.6%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Targus Technologies is 16% over three years and 18% over five years. In the latest year (FY 2025) revenue rose 18%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Targus Technologies is 07AABCT1516G1ZP, registered in Delhi. The company has 11 GST registrations in all, of which 8 are active and 3 are cancelled or inactive. Other active GSTINs include 04AABCT1516G1ZV (Chandigarh), 06AABCT1516G1ZR (Haryana), 09AABCT1516G1ZL (Uttar Pradesh).
The CIN (Corporate Identification Number) of Targus Technologies is U74899DL1998PTC094209. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Targus Technologies has 22 court cases on record: 13 filed by the company and 9 filed against it. 4 are pending. Most are in the district courts.
Targus Technologies was incorporated on 02 June 1998, making it 28+ years old. It is registered with the Registrar of Companies, Delhi.
Targus Technologies has 2 deals on record (2 secondary share transfers); the latest was in March 2016.
The peers of Targus Technologies by revenue are Terracis Digital Limited, Cmcorps Limited, HP PPS Services India Private Limited, Franklin Templeton International Services (India )Private Limited, Emudhra Limited and 5 more, all in the Information Technology industry (IT Consulting and Services, Infrastructure Management).