About Tech Mahindra Cerium Private Limited
Data last updated:
Tech Mahindra Cerium Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Tech Mahindra Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the semiconductor products and services segment of the technology and IT services sector. It was incorporated on 05 September 2013.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2013PTC419393. Its GSTIN is 29AAFCC3956R1ZT (Karnataka). The company held 5 GST registrations, all of them active.
The company had an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.17 Cr. It was formerly known as Cerium Systems Private Limited. It was led by directors including Venkateswara Rao Gajjala and Heena Nikhil Shah.
Its last annual general meeting (AGM) was held on 29 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹304.9 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹46.2 Cr (net margin 15.2%) and EBITDA of ₹77.1 Cr (EBITDA margin 25.3%).
The company had about 1,421 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Cerium Systems. As per MCA filings, the company had open charges of ₹14 Cr and satisfied charges of ₹2.85 Cr on record. Court records list 1 case involving the company, including 1 filed by the company. The company has 14 deals on record (8 secondary share transfers, 5 rights issues, 1 acquisition); the latest was in March 2024. The company has 7 MSME Form 1 returns on record between 2019 and 2022, listing 106 overdue payments to 22 micro and small suppliers.
The last known website on record is cerium-systems.com.
Company details
Name history
Tech Mahindra Cerium has undergone 2 name changes throughout its history. The company was previously known as Cerium Systems Private Limited, and Tech Mahindra Cerium Private Limited. The current legal name is Tech Mahindra Cerium Private Limited.
| Company Name | Status |
|---|---|
| Tech Mahindra Cerium Private Limited | Current |
| Cerium Systems Private Limited | Previous |
CIN history
Tech Mahindra Cerium has one previous CIN (Corporate Identification Number): U72200KA2013PTC070882. The current CIN is U72200MH2013PTC419393, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200MH2013PTC419393 | Current |
| U72200KA2013PTC070882 | Previous |
Contact details
Tech Mahindra Cerium Private Limited's registered office is in Mumbai, Maharashtra. Its website is cerium-systems.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOberoi Garden Estate, Near Chandivali Studio Wing – I Andheri (E), Mumbai, Maharashtra, India – 400072
- IndustryInformation Technology, Semiconductor Products & Services
To see the full contact details of Tech Mahindra Cerium Private Limited, buy the company report.
- 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
Brands
Tech Mahindra Cerium operates one associated brand: Cerium Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Global design services company for the VLSI and embedded software sectors | cerium-systems.com |
Business activity
The main business activity of Tech Mahindra Cerium is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of Tech Mahindra Cerium Private Limited, buy the company report.
Financials of Tech Mahindra Cerium Private Limited
FY 2024 filings availableTech Mahindra Cerium Private Limited reported revenue of ₹304.9 Cr (down 28% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 28% in the latest year. EBITDA fell 30% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹77.1 Cr | ||||
| Profit Before Tax | |||||
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| Net Profit (PAT) | ₹46.2 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.3% | ||||
| Net Profit Margin | 15.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Tech Mahindra Cerium Private Limited, buy the company report.
Board of directors of Tech Mahindra Cerium Private Limited
Tech Mahindra Cerium has 5 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkateswara Rao Gajjala | Director | 15 May 2024 | 2 Years 5 Months | As last reported |
| Heena Nikhil Shah | Director | 29 Mar 2024 | 2 Years 6 Months | As last reported |
| Jayaraman Ganapathy | Director | 02 Jun 2021 | 5 Years 4 Months | As last reported |
| Bangre Prabhakararao Sachin Kumar | Director | 02 Jun 2021 | 5 Years 4 Months | As last reported |
| Narasimham Venkata Rachakonda | Director | 13 Dec 2021 | 4 Years 10 Months | As last reported |
Auditor
Tech Mahindra Cerium Private Limited is audited by B S R & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B S R & Co. LLP | FY 2023 | 101248W / W-100022 |
Shareholding
The shareholding of Tech Mahindra Cerium 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Tech Mahindra Cerium Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Dec 2017 | 100153696 | Others | ₹1.5 Cr | Satisfied | |
| 27 Oct 2017 | 100138730 | Others | ₹35 Lakh | Satisfied | |
| 14 Mar 2015 | 10562401 | Punjab National Bank | ₹1 Cr | Satisfied |
To see the full charge records of Tech Mahindra Cerium Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Tech Mahindra Cerium Private Limited has 14 deals on record (8 secondary share transfers, 5 rights issues, 1 acquisition); the latest was in March 2024.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: Tech Mahindra Limited , Tech Mahindra Limited & S Raji Reddy Seller: NVL Holdings Private Limited , 3 individuals |
| Mar 2023 | Secondary share transfer | Undisclosed | Buyer: Tech Mahindra Limited Seller: 4 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Tech Mahindra Limited Seller: 4 individuals |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: Tech Mahindra Limited Seller: NVL Holdings Private Limited , 3 individuals |
| Apr 2020 | Acquisition | Undisclosed | Buyer: Tech Mahindra Limited |
To see the full deal history of Tech Mahindra Cerium Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Tech Mahindra Cerium Private Limited has 1 court case on record: 1 filed by Tech Mahindra Cerium. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Mumbai | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Tech Mahindra Cerium Private Limited, buy the company report.
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.
MSME payment delays
Tech Mahindra Cerium Private Limited has 7 MSME Form 1 returns on record between 2019 and 2022, listing 106 overdue payments to 22 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 22)
To see the full MSME payment records of Tech Mahindra Cerium Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Tech Mahindra Cerium Private Limited has a workforce of 1,421 employees on its EPFO records as of Apr 09, 2024, across 3 active EPFO establishments.
GST
Tech Mahindra Cerium has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAFCC3956R1ZT | Karnataka | Active | 01 Jul 2017 |
| 32AAFCC3956R1Z6 | Kerala | Active | 01 Jan 2018 |
| 37AAFCC3956R1ZW | Andhra Pradesh | Active | 03 Jul 2018 |
| 24AAFCC3956R1Z3 | Gujarat | Active | 14 Dec 2021 |
To see the full GST registrations and return filing status of Tech Mahindra Cerium Private Limited, buy the company report.
Recent activity
Tech Mahindra Cerium Private Limited has 17 board changes on record since 2014: 5 appointments and 12 cessations. The latest: Heena Nikhil Shah ceased to be Additional Director on 28 Jul 2024.
14 earlier events are in the company report.
Frequently asked questions
Tech Mahindra Cerium has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Tech Mahindra Cerium was a private limited company based in Mumbai, Maharashtra, India. The company worked in semiconductor products and services, within the information technology industry. It was incorporated on 05 September 2013 and is registered under CIN U72200MH2013PTC419393. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Tech Mahindra Cerium was incorporated on 05 September 2013. It is registered with the Registrar of Companies, Mumbai.
Tech Mahindra Cerium had 5 directors:
- Venkateswara Rao Gajjala - Director
- Heena Nikhil Shah - Director
- Jayaraman Ganapathy - Director
- Bangre Prabhakararao Sachin Kumar - Director
- Narasimham Venkata Rachakonda - Director
The CIN (Corporate Identification Number) of Tech Mahindra Cerium is U72200MH2013PTC419393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Tech Mahindra Cerium is at Oberoi Garden Estate, Near Chandivali Studio Wing – I Andheri E, Mumbai, Maharashtra, India – 400072.
Tech Mahindra Cerium can be reached through the website cerium-systems.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Tech Mahindra Cerium on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 29 July 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Tech Mahindra Cerium is 29AAFCC3956R1ZT, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 32AAFCC3956R1Z6 (Kerala), 37AAFCC3956R1ZW (Andhra Pradesh), 24AAFCC3956R1Z3 (Gujarat).
Tech Mahindra Cerium operated in the information technology industry, in the semiconductor products and services segment.
Tech Mahindra Cerium has 14 deals on record (8 secondary share transfers, 5 rights issues, 1 acquisition); the latest was in March 2024.