About Terracis Digital Limited
Data last updated: 10 January 2026
Terracis Digital Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Falcon Sg Holding Philippines Inc, Philippines. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It specialises in application development and software solutions, a part of the broader technology and IT services sector. Incorporated on 09 February 1993, the company has been in operation for over 33 years.
Registered with ROC Mumbai under CIN U74999MH1993PLC070724.
Capital: an authorised share capital of ₹122 Cr and a paid-up capital of ₹11.22 Cr. Formerly known as Il&Fs Technologies Limited and Dsp Technology and Trade Ltd. It is led by directors including Yoon Hee Jung and Karthik Krishnan.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: 5Th Floor 5B Technopolis Knowledge Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹541.28 Cr, a decline of 3% compared to the previous year.
The company has a workforce of approximately 190 employees as per the latest available data. It operates as a subsidiary of Falcon Sg Holding Philippines Inc, Philippines. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand - Terracis. As per MCA filings, the company has open charges of ₹189.52 Cr and satisfied charges of ₹1,359.59 Cr on record.
The company is currently under liquidation - its assets are being sold to settle outstanding debts. It may lack the legal capacity to fulfil new agreements, and creditors are prioritised in the distribution of proceeds. The last known website on record is terracistech.com.
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Registered Address5Th Floor 5B Technopolis Knowledge Park Mahakali Caves Road, Nr Udyog Bhavan Chakala Andheri East, Mumbai, Maharashtra, India – 400093
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IndustryInformation Technology, Application Development & Software Solutions, IT Infrastructure Management & 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 Terracis Digital Limited
Terracis Digital Limited has undergone 3 name changes throughout its history. The company was previously known as Il&Fs Technologies Limited, Dsp Technology And Trade Ltd, and Infrastructure Technology And Trade India Limited. The current legal name is Terracis Digital Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Terracis Digital Limited | Current |
| Il&Fs Technologies Limited | Previous |
| Dsp Technology And Trade Ltd | Previous |
| Infrastructure Technology And Trade India Limited | Previous |
Associated Brands with Terracis Digital Limited
Terracis Digital Limited operates one associated brand: TerraCIS. These brands represent Terracis Digital Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| IT suite solutions are provided, including software development and analytics. | terracistech.com |
Competitors & Alternatives of Terracis Digital Limited
Brands and companies operating in the same space as Terracis Digital Limited include Happiest Minds, Mavenir, 1&1 IONOS and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Happiest Minds
|
IT outsourcing services are delivered across multiple business lines. | Bengaluru, India, India | 2011 |
Mavenir
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Multi-access edge networking computing platform is provided for mobile services. | Richardson, United States, United States | 2005 |
1&1 IONOS
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Cloud infrastructure and hosting services are provided by 1&1 IONOS. | Chesterbrook, United States, United States | 1988 |
Datamatics
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Cloud-based text analytics and cognitive automation services are provided. | Mumbai, India, India | 1975 |
Genpact
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Provider of end-to-end business process outsourcing services | New York, United States, United States | 1997 |
NTT DATA
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Application development, cloud, cybersecurity, and business intelligence services are provided. | Koto City, Japan, Japan | 1967 |
Endava
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Endava is engaged in digital transformation and AI-driven solutions. | London, United Kingdom, United Kingdom | 2000 |
Accenture
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IT and management consultancy services are provided globally. | Dublin, Ireland, Ireland | 1989 |
UST
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High-quality office furniture is provided by UST for various needs. | Taiwan | 1998 |
Auditor Details of Terracis Digital Limited
Terracis Digital Limited is audited by Bashetty & Joshi 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 |
|---|---|---|---|
| Bashetty & Joshi | Locked | Locked | Locked |
Complete auditor history for Terracis Digital Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Terracis Digital Limited
Terracis Digital Limited is currently managed by 5 directors, with 31 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 |
|---|---|---|---|---|
| Yoon Hee Jung | Director | 27 Apr 2022 | 4 Years 2 Months | As last reported |
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Karthik Krishnan
Also directs:
Terracis Citizenservice Llp, Sentraforge Ai Limited, Terracis Technologies Limited and 1 more
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Whole-Time Director | 23 Nov 2021 | 4 Years 8 Months | As last reported |
| Mei Mei Michelle Lee | Director | 23 Nov 2021 | 4 Years 8 Months | As last reported |
| Arjun Dosaj | Director | 26 Nov 2021 | 4 Years 8 Months | As last reported |
|
Mohit
Also directs:
Utsuk Consulting Solutions Private Limited
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Additional Director | 26 Mar 2025 | 1 Years 4 Months | As last reported |
Financials of Terracis Digital Limited FY 2025 filings available
Terracis Digital Limited reported revenue of ₹541.28 Cr (down 3.00% YoY) for FY 2025.
Ten-year financial statements for Terracis Digital Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
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Ownership and Shareholding of Terracis Digital Limited
Shareholding and ownership data for Terracis Digital Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Group Structure of Terracis Digital Limited
Terracis Digital Limited has 2 subsidiary companies. This group structure data is as of FY 2023. The corporate group structure reflects Terracis Digital Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Bhopal E-Governance Limited | U72200HR2013PLC048356 | Locked |
| Livia India Limited | U72900MH2009PLC191389 | Locked |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of Terracis Digital Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Sep 2023 | Others | ₹36 Cr | Satisfied |
| 03 May 2018 | Others | ₹7.19 Cr | Satisfied |
| 03 May 2018 | Others | ₹7.19 Cr | Satisfied |
| 06 Feb 2018 | State Bank of India | ₹60 Cr | Satisfied |
| 30 May 2016 | Others | ₹50 Cr | Satisfied |
Total charge records: 25 View all charges
Employees and EPFO Compliance at Terracis Digital Limited
Terracis Digital Limited has a workforce of 190 employees as of Apr 08, 2024.
Employee and EPFO history for Terracis Digital Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Terracis Digital Limited
GST registrations and filing compliance for Terracis Digital Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Terracis Digital Limited
Credit ratings, litigation, and regulatory alerts for Terracis Digital Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Terracis Digital Limited
MSME payment history for Terracis Digital Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of Terracis Digital Limited
Corporate group structure for Terracis Digital Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Terracis Digital Limited
MCA filings and documents for Terracis Digital Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Terracis Digital Limited
Frequently Asked Questions about Terracis Digital Limited
Terracis Digital Limited is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
Terracis Digital Limited is a company under liquidation, formerly operating as a public limited company in the information technology sector based in Mumbai, Maharashtra, India. It was incorporated on 09 February 1993 and is registered under CIN U74999MH1993PLC070724. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Terracis Digital Limited reported revenue of ₹541.28 Cr for FY 2025 (down 3.00% YoY).
The current directors of Terracis Digital Limited are:
- Yoon Hee Jung - Director
- Karthik Krishnan - Whole-Time Director
- Mei Mei Michelle Lee - Director
- Arjun Dosaj - Director
- Mohit - Additional Director
The CIN (Corporate Identification Number) of Terracis Digital Limited is U74999MH1993PLC070724. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Terracis Digital Limited has open charges of ₹189.52 Cr and satisfied charges of ₹1,359.59 Cr as per latest MCA filings.