About Tech Mahindra Cerium Private Limited
Data last updated: 19 September 2025
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 specialised in semiconductor products and services, a part of the broader technology and IT services sector. Incorporated on 05 September 2013.
Registered with ROC Mumbai under CIN U72200MH2013PTC419393.
Capital: an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.17 Cr. Formerly known as Cerium Systems Private Limited and Tech Mahindra Cerium Private Limited. It was led by directors including Venkateswara Rao Gajjala and Heena Nikhil Shah.
Last AGM: 29 July 2024. Financial statements filed for year ended 31 March 2024. Office: 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.
The company had a reported workforce of approximately 1,421 employees prior to being dissolved. It operated as a subsidiary of Tech Mahindra Limited.
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.
The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is cerium-systems.com.
-
Email*****@*****.com
-
Telephone+91-****-******
-
Website
-
Social Media
-
Registered AddressOberoi Garden Estate, Near Chandivali Studio Wing – I Andheri (E), Mumbai, Maharashtra, India – 400072
-
IndustryInformation Technology, Semiconductor Products & Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Tech Mahindra Cerium Private Limited
Tech Mahindra Cerium Private Limited 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, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Tech Mahindra Cerium Private Limited | Current |
| Cerium Systems Private Limited | Previous |
CIN History of Tech Mahindra Cerium Private Limited
Tech Mahindra Cerium Private Limited 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 |
Associated Brands with Tech Mahindra Cerium Private Limited
Tech Mahindra Cerium Private Limited operates one associated brand: Cerium Systems. These brands represent Tech Mahindra Cerium Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Global design services company for the VLSI and embedded software sectors | cerium-systems.com |
Competitors & Alternatives of Tech Mahindra Cerium Private Limited
Brands and companies operating in the same space as Tech Mahindra Cerium Private Limited include RedShelf, Unicorn, Hedgehog lab and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
|
|
Platform offering digital textbooks for students | Chicago, United States, United States | 2012 |
|
|
Software development services are provided by Unicorn in Prague. | Prague, Czech Republic, Czechia | 1990 |
|
|
Mobile application development and UX design services are provided. | Newcastle Upon Tyne, United Kingdom, United Kingdom | 2007 |
|
|
IT services suite solutions are provided globally by AlmavivA. | Rome, Italy, Italy | 2005 |
|
|
Embedded computing platforms are developed for industrial applications. | Linz, Austria, Austria | 1959 |
|
|
Integrated digital marketing campaigns are developed and executed across channels. | Riyadh, Saudi Arabia, Saudi Arabia | 1994 |
|
|
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions. | Seongnam-si, South Korea, South Korea | 1990 |
|
|
Adaptive software products are developed for business applications. | Fairfax, United States, United States | 2006 |
|
|
Software development services are provided via an AI-powered platform. | Austin, United States, United States | 2013 |
|
|
Mobile social and online entertainment products | Hangzhou, China, China | 2013 |
Business Activity of Tech Mahindra Cerium Private Limited
Tech Mahindra Cerium Private Limited is engaged in the principal business activity of information and communication, with detailed activities including computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | ********* |
Auditor Details of Tech Mahindra Cerium Private Limited
Tech Mahindra Cerium Private Limited is audited by B S R & Co. LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Co. LLP | blur-value | blur-value | blur-value |
Board of Directors of Tech Mahindra Cerium Private Limited
Tech Mahindra Cerium Private Limited is currently managed by 5 directors, with 12 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Venkateswara Rao Gajjala | Director | 15 May 2024 | 2 Years 1 Months | As last reported |
| Heena Nikhil Shah | Director | 29 Mar 2024 | 2 Years 3 Months | As last reported |
| Jayaraman Ganapathy | Director | 02 Jun 2021 | 5 Years 1 Months | As last reported |
| Bangre Prabhakararao Sachin Kumar | Director | 02 Jun 2021 | 5 Years 1 Months | As last reported |
| Narasimham Venkata Rachakonda | Director | 13 Dec 2021 | 4 Years 6 Months | As last reported |
Financials of Tech Mahindra Cerium Private Limited FY 2024 filings available
Tech Mahindra Cerium Private Limited reported revenue of ₹304.9 Cr (down 28% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | ***** | ***** | ***** | ***** | ***** |
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Other Income | ***** | ***** | ***** | ***** | ***** |
| Total Revenue | ***** | ***** | ***** | ***** | ***** |
| Expenses | |||||
| Total Expenses | ***** | ***** | ***** | ***** | ***** |
| Raw Material Cost | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory FG | ***** | ***** | ***** | ***** | ***** |
| Change in Inventory WIP | ***** | ***** | ***** | ***** | ***** |
| Purchase of Traded Goods | ***** | ***** | ***** | ***** | ***** |
| Employee Cost | ***** | ***** | ***** | ***** | ***** |
| Managerial Remuneration | ***** | ***** | ***** | ***** | ***** |
| Audit Fees | ***** | ***** | ***** | ***** | ***** |
| Insurance | ***** | ***** | ***** | ***** | ***** |
| Power & Fuel | ***** | ***** | ***** | ***** | ***** |
| Interest | ***** | ***** | ***** | ***** | ***** |
| Depreciation | ***** | ***** | ***** | ***** | ***** |
| Other Expenses | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| EBITDA (Operating Profit) | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| Exceptional Items | ***** | ***** | ***** | ***** | ***** |
| Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Exceptional & Extraordinary Items | ***** | ***** | ***** | ***** | ***** |
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Tax & Net Profit | |||||
| Tax Expense | ***** | ***** | ***** | ***** | ***** |
| Current Tax | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax | ***** | ***** | ***** | ***** | ***** |
| Profit from Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Tax on Discontinued Operations | ***** | ***** | ***** | ***** | ***** |
| Profit | ***** | ***** | ***** | ***** | ***** |
| Net Margin % | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Shareholders' Funds | |||||
| Total Shareholders' Funds | ***** | ***** | ***** | ***** | ***** |
| Equity Capital | ***** | ***** | ***** | ***** | ***** |
| Reserves & Surplus | ***** | ***** | ***** | ***** | ***** |
| Money Against Warrants | ***** | ***** | ***** | ***** | ***** |
| Other Equity | ***** | ***** | ***** | ***** | ***** |
| Non-Current Liabilities | |||||
| Total Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Liabilities | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Long-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Current Liabilities | |||||
| Total Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Borrowings | ***** | ***** | ***** | ***** | ***** |
| Trade Payables | ***** | ***** | ***** | ***** | ***** |
| Other Current Liabilities | ***** | ***** | ***** | ***** | ***** |
| Short-Term Provisions | ***** | ***** | ***** | ***** | ***** |
| Total Equity & Liabilities | ***** | ***** | ***** | ***** | ***** |
| Non-Current Assets | |||||
| Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Tangible Assets | ***** | ***** | ***** | ***** | ***** |
| Intangible Assets | ***** | ***** | ***** | ***** | ***** |
| Capital WIP | ***** | ***** | ***** | ***** | ***** |
| Intangibles Under Dev | ***** | ***** | ***** | ***** | ***** |
| Investments | ***** | ***** | ***** | ***** | ***** |
| Deferred Tax Assets | ***** | ***** | ***** | ***** | ***** |
| LT Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Non-Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Assets | |||||
| Current Assets | ***** | ***** | ***** | ***** | ***** |
| Current Investments | ***** | ***** | ***** | ***** | ***** |
| Inventories | ***** | ***** | ***** | ***** | ***** |
| Trade Receivables | ***** | ***** | ***** | ***** | ***** |
| Cash & Bank Balance | ***** | ***** | ***** | ***** | ***** |
| ST Loans & Advances | ***** | ***** | ***** | ***** | ***** |
| Other Current Assets | ***** | ***** | ***** | ***** | ***** |
| Total Assets | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Cash from Operating Activities (CFO) | |||||
| Profit Before Tax | ***** | ***** | ***** | ***** | ***** |
| Non-Cash Adjustments | ***** | ***** | ***** | ***** | ***** |
| + Interest Expense | ***** | ***** | ***** | ***** | ***** |
| + Depreciation | ***** | ***** | ***** | ***** | ***** |
| +/- Unrealized Forex | ***** | ***** | ***** | ***** | ***** |
| - Dividend Income | ***** | ***** | ***** | ***** | ***** |
| - Interest Income | ***** | ***** | ***** | ***** | ***** |
| +/- Other Non-Cash Items | ***** | ***** | ***** | ***** | ***** |
| Changes in Working Capital | ***** | ***** | ***** | ***** | ***** |
| +/- Inventory | ***** | ***** | ***** | ***** | ***** |
| +/- Debtors | ***** | ***** | ***** | ***** | ***** |
| +/- Creditors | ***** | ***** | ***** | ***** | ***** |
| Reconciliation Adjustments | ***** | ***** | ***** | ***** | ***** |
| Cash Generated from Operations | ***** | ***** | ***** | ***** | ***** |
| Income Taxes Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFO (Cash from Operations) | ***** | ***** | ***** | ***** | ***** |
| Cash from Investing Activities (CFI) | |||||
| Acquisitions & Disposals | ***** | ***** | ***** | ***** | ***** |
| Disposal of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Acquisition of Subsidiaries | ***** | ***** | ***** | ***** | ***** |
| Capex | ***** | ***** | ***** | ***** | ***** |
| Purchase of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Sale of Fixed Assets | ***** | ***** | ***** | ***** | ***** |
| Other Investing Cash Flows | ***** | ***** | ***** | ***** | ***** |
| Net CFI (Cash from Investing) | ***** | ***** | ***** | ***** | ***** |
| Cash from Financing Activities (CFF) | |||||
| Equity Issuance | ***** | ***** | ***** | ***** | ***** |
| Debt Raised | ***** | ***** | ***** | ***** | ***** |
| Debt Repaid | ***** | ***** | ***** | ***** | ***** |
| Dividends Paid | ***** | ***** | ***** | ***** | ***** |
| Interest Paid | ***** | ***** | ***** | ***** | ***** |
| Net CFF (Cash from Financing) | ***** | ***** | ***** | ***** | ***** |
| Net Cash Position | |||||
| Net Change in Cash (Pre-Forex) | ***** | ***** | ***** | ***** | ***** |
| Closing Cash & Equivalents | ***** | ***** | ***** | ***** | ***** |
| Metrics | ***** | ***** | ***** | ***** | ***** |
|---|---|---|---|---|---|
| Liquidity | |||||
| Current Ratio | ***** | ***** | ***** | ***** | ***** |
| Quick Ratio | ***** | ***** | ***** | ***** | ***** |
| Cash Ratio | ***** | ***** | ***** | ***** | ***** |
| Efficiency | |||||
| Inventory Days | ***** | ***** | ***** | ***** | ***** |
| Debtor Days | ***** | ***** | ***** | ***** | ***** |
| Creditor Days | ***** | ***** | ***** | ***** | ***** |
| Cash Conversion Cycle | ***** | ***** | ***** | ***** | ***** |
| Asset Turnover | ***** | ***** | ***** | ***** | ***** |
| Profitability | |||||
| Net Profit Margin % | ***** | ***** | ***** | ***** | ***** |
| Operating Margin % | ***** | ***** | ***** | ***** | ***** |
| ROE % | ***** | ***** | ***** | ***** | ***** |
| ROCE % | ***** | ***** | ***** | ***** | ***** |
| Net Worth Margin % | ***** | ***** | ***** | ***** | ***** |
| Growth | |||||
| Revenue Growth % | ***** | ***** | ***** | ***** | ***** |
| Leverage | |||||
| Equity Multiplier | ***** | ***** | ***** | ***** | ***** |
| Debt / EBITDA | ***** | ***** | ***** | ***** | ***** |
| Solvency | |||||
| D/E Ratio | ***** | ***** | ***** | ***** | ***** |
| ICR | ***** | ***** | ***** | ***** | ***** |
Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Tech Mahindra Cerium Private Limited
As of FY 2023, Tech Mahindra Cerium Private Limited's shareholding pattern shows 96.81% by promoters, 3.18% by public shareholders. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Tech Mahindra Cerium Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Dec 2017 | Others | ₹1.5 Cr | Satisfied |
| 27 Oct 2017 | Others | ₹35 Lakh | Satisfied |
| 14 Mar 2015 | Punjab National Bank | ₹1 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Tech Mahindra Cerium Private Limited
Tech Mahindra Cerium Private Limited has a workforce of 1,421 employees as of Apr 09, 2024.
Employee Count & EPFO Data of Tech Mahindra Cerium Private Limited
Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.
GST Compliance of Tech Mahindra Cerium Private Limited
GSTIN & GST Filing Data of Tech Mahindra Cerium Private Limited
Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.
Credit Ratings, Litigation & Regulatory Alerts for Tech Mahindra Cerium Private Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Tech Mahindra Cerium Private Limited
Access complete credit rating history, litigation records, regulatory alerts, and compliance data.
MSME Payment Delays by Tech Mahindra Cerium Private Limited
MSME Payment Delays by Tech Mahindra Cerium Private Limited
Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.
Subsidiaries & Group Companies of Tech Mahindra Cerium Private Limited
Subsidiaries & Group Companies of Tech Mahindra Cerium Private Limited
See the full corporate group - holding company, subsidiaries, associates and joint ventures of Tech Mahindra Cerium Private Limited with ownership details.
MCA Filings & Documents of Tech Mahindra Cerium Private Limited
MCA Filings & Documents of Tech Mahindra Cerium Private Limited
Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.
Recent Activity on Tech Mahindra Cerium Private Limited
Frequently Asked Questions about Tech Mahindra Cerium Private Limited
Tech Mahindra Cerium Private Limited 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 Private Limited is a amalgamated private limited company in the information technology sector based in Mumbai, Maharashtra, India. It was incorporated on 05 September 2013 and is registered under CIN U72200MH2013PTC419393. The company was amalgamated as per MCA records and no longer exists as a legal entity.
Tech Mahindra Cerium Private Limited was incorporated on 05 September 2013. Registered with ROC Mumbai.
The current directors of Tech Mahindra Cerium Private Limited are:
The CIN (Corporate Identification Number) of Tech Mahindra Cerium Private Limited is U72200MH2013PTC419393. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The primary industry of Tech Mahindra Cerium Private Limited is information technology. The company specifically operates in semiconductor products and services.