Targus Technologies Private Limited

Targus Technologies Private Limited - information technology in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U74899DL1998PTC094209 Incorporated 02 June 1998 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company information technology
Data last updated
Revenue · FY 2025
₹525.95 Cr
▲ 18% YoY
Net profit · FY 2025
₹11.25 Cr
Net margin 2.1%
EBITDA · FY 2025
₹18.78 Cr
EBITDA margin 3.6%
Authorised capital
₹3 Cr
Registered with MCA
Paid-up capital
₹22.7 Lakh
Issued & subscribed
Open charges
₹162.59 Cr
Satisfied ₹25.32 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
115
Provident fund records

About Targus Technologies Private Limited

Data last updated:

Targus Technologies Private Limited is a private limited company based in New Delhi, 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 23 cases involving the company, including 14 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.

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.

Company details

CIN U74899DL1998PTC094209
Registration Number 094209
Incorporation Date 02 June 1998
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant

Contact details

Targus Technologies Private Limited's registered office is in New Delhi, Delhi. Its website is targustech.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    Kh No. 331/1/2 Basement Left Side NH – 8 Rangpuri Mahipal Pur New Delhi 110, 037, Delhi, India – 110037
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Targus Technologies Private Limited, buy the company report.

Comprehensive company report
Targus Technologies Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Targus Technologies is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

To see the full business activity and turnover split of Targus Technologies Private Limited, buy the company report.

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.

Revenue · FY 2025
₹525.95 Cr ▲ 18%
Net profit · FY 2025
₹11.25 Cr margin 2.1%
EBITDA · FY 2025
₹18.78 Cr margin 3.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 16%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 5%
5 years · compounded
▲ 24%

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

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 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
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

MetricsFY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Profitability
EBITDA Margin3.6%
Net Profit Margin2.1%
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

To see the full financial statements and ratios of Targus Technologies Private Limited, buy the company report.

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.

Current Directors
NameDesignationAppointment DateTenureStatus
Raunaq SinghDirector20 Mar 200719 Years 7 MonthsCurrent
Balwinder SinghDirector02 Jun 199828 Years 5 MonthsCurrent

Auditor

Targus Technologies Private Limited is audited by R Chadha & Associates. for the financial year 2023.

Auditor firmFinancial yearFirm registration number
R Chadha & Associates.FY 2023004046N

Shareholding

The shareholding of Targus Technologies Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Targus Technologies Private Limited, buy the company report.

Charges & borrowings

Open charges
₹162.59 Cr
Satisfied charges
₹25.32 Cr
Breakdown by lending institutions
Hdfc Bank Limited₹153.14 Cr
Others₹8.75 Cr
Axis Bank Limited₹0.70 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
19 Dec 2025101206369Hdfc Bank Limited₹30 LakhOpen
26 Sep 2025101175502Others₹80 LakhOpen
26 Aug 2025101155195Hdfc Bank Limited₹87 LakhOpen
29 Jan 2025101054496Others₹75 LakhOpen
21 Feb 2024100931919Others₹50 LakhOpen

To see the full charge records of Targus Technologies Private Limited, buy the company report.

Total charge records: 18 View all charges

Deals & funding

Targus Technologies Private Limited has 2 deals on record (2 secondary share transfers); the latest was in March 2016.

Total deals
2
Secondary share transfers
2

Deals on record (2 of 2)

WhenDealAmountParties
Mar 2016Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Mar 2015Secondary share transferUndisclosedBuyer: an individual
Seller: an individual

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Targus Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Targus Technologies Private Limited has a workforce of 115 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.

Employee count
115
Active EPFO establishments
1
Employee growth
19.79%

GST

Targus Technologies has 11 GST registrations: 8 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
11
Active
8
Cancelled / inactive
3
GSTINStateStatusRegistered on
07AABCT1516G1ZPDelhiActive01 Jul 2017
04AABCT1516G1ZVChandigarhActive01 Jul 2017
06AABCT1516G1ZRHaryanaActive01 Jul 2017
09AABCT1516G1ZLUttar PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Targus Technologies Private Limited, buy the company report.

Recent activity

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.

Ceased
Minal Satyen Desai ceased to be Additional Director.
Appointed
Minal Satyen Desai was appointed as Additional Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.30 Cr with Charge ID 101206369 was registered on 19 Dec 2025.
Charges
A charge with Others amounted to Rs. 0.80 Cr with Charge ID 101175502 was registered on 26 Sep 2025.
Ceased
Neelmani Singh ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.87 Cr with Charge ID 101155195 was registered on 26 Aug 2025.
Charges
A charge with Others amounted to Rs. 0.75 Cr with Charge ID 101054496 was registered on 29 Jan 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 151.00 Cr registered on 22 Sep 2011 with Charge ID 10308647 was modified on 30 Dec 2024.
AGM
Targus Technologies Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Ceased
Tarun Seth ceased to be Director.
Filing
Targus Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge registered on 12 Jan 2018 via Charge ID 100148843 with Standard Chartered Bank was fully satisfied on 27 Feb 2024.

30 earlier events are in the company report.

Frequently asked questions

Targus Technologies is an active private limited company based in New Delhi, 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 has 2 current directors:

The latest financial statements of Targus Technologies on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

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 23 court cases on record: 14 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.

Minal Satyen Desai ceased to be Additional Director on 09 Jan 2026. Minal Satyen Desai was appointed as Additional Director on 08 Jan 2026. Neelmani Singh ceased to be Director on 17 Sep 2025. Targus Technologies has 8 board changes on record in total.

Targus Technologies can be reached through the website targustech.com. Its registered office is in New Delhi, Delhi, India.