MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-26-0010690
Theta Controls and Systems Private Limited - energy and power in Pune, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹7.7 Cr
▼ 30% YoY
Net profit · FY 2023
₹4.65 Lakh
Net margin 0.6%
EBITDA · FY 2023
₹6.67 Lakh
EBITDA margin 0.9%
Authorised capital
₹11.25 Cr
Registered with MCA
Paid-up capital
₹11.18 Cr
Issued & subscribed
Open charges
₹20 Lakh
Satisfied ₹2.4 Cr
Company age
31 yrs
Est. 1995
Employees · EPFO
26
Provident fund records
About Theta Controls and Systems Private Limited
Data last updated:
Theta Controls and Systems Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 19 October 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U33112PN1995PTC093837. Its GSTIN is 27AABCC5437D1ZY (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹11.25 Cr and a paid-up capital of ₹11.18 Cr. It was formerly known as Cg- Core El Logic Systems Private Limited and Cologicx Systems Limited. It is led by directors Raja Pribhdas Mahbubani (Managing Director) and Maneesh Kumar Mahbubani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 35 2nd Floor Electronic Co – Op Industrial Estate Pune Satara Road, Maharashtra, India – 411009.
As per the financials filed for FY 2023, the company reported a revenue of ₹7.7 Cr, a decline of 30% compared to the previous year. For the same year it recorded a net profit of ₹4.65 Lakh (net margin 0.6%) and EBITDA of ₹6.67 Lakh (EBITDA margin 0.9%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 42% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹20 Lakh and satisfied charges of ₹2.4 Cr on record. Court records list 2 cases involving the company, including 2 filed against it. The company has 12 deals on record (6 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹14.31 Cr; the latest was in March 2024.
Theta Controls and Systems Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0010690). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website cologicx.com.
Company details
CIN U33112PN1995PTC093837
Registration Number 093837
Incorporation Date 19 October 1995
ROC Pune
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-26-0010690
Name history
Theta Controls and Systems has undergone 5 name changes throughout its history. The current legal name is Theta Controls And Systems Private Limited.
| Company Name | Status |
|---|---|
| Theta Controls and Systems Private Limited | Current |
| Cg- Core El Logic Systems Private Limited | Previous |
| Cologicx Systems Limited | Previous |
| Cg-Core El Logic Systems Limited | Previous |
| Theta Controls And Automation Private Limited | Previous |
| Cologicx Systems Private Limited | Previous |
CIN history
Theta Controls and Systems has one previous CIN (Corporate Identification Number): U33112PN1995PLC093837. The current CIN is U33112PN1995PTC093837, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U33112PN1995PTC093837 | Current |
| U33112PN1995PLC093837 | Previous |
Recognitions & Rankings of Theta Controls and Systems
Contact details
Theta Controls and Systems Private Limited's registered office is in Pune, Maharashtra. Its website is cologicx.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address35 2nd Floor Electronic Co – Op Industrial Estate Pune Satara Road, Maharashtra, India – 411009
- IndustryEnergy and Power, Power Equipment Manufacturers
To see the full contact details of Theta Controls and Systems Private Limited, buy the company report.
Comprehensive company report
Theta Controls and Systems 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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Financials of Theta Controls and Systems Private Limited
FY 2025 filings availableTheta Controls and Systems Private Limited reported revenue of ₹7.7 Cr (down 30% YoY) for FY 2023.
Revenue · FY 2023
₹7.7 Cr ▼ 30%
Net profit · FY 2023
₹4.65 Lakh margin 0.6%
EBITDA · FY 2023
₹6.67 Lakh margin 0.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 30%
3 years · compounded
▲ 15%
5 years · compounded
▲ 42%
EBITDA CAGR growth
1 year
▼ 96%
3 years · compounded
▼ 49%
5 years · compounded
▼ 23%
Revenue fell 30% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 42%. EBITDA fell 96% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹7.7 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.67 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.65 Lakh | ||||
| 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 0.9% | ||||
| Net Profit Margin | 0.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| 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 Theta Controls and Systems Private Limited, buy the company report.
Board of directors of Theta Controls and Systems Private Limited
Theta Controls and Systems has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Maneesh Kumar Mahbubani Also directs: Pilman Ventures LLP | Director | 24 Sep 2013 | 13 Years 1 Months | Current |
| Raja Pribhdas Mahbubani Also directs: Prams Marine Technologies LLP, I4marine Technologies Private Limited, Theta Controls Private Limited and 3 more | Managing Director | 09 Sep 2012 | 14 Years 1 Months | Current |
Auditor
Theta Controls and Systems Private Limited is audited by S.D. Bhandwalkar & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.D. Bhandwalkar & Co. | FY 2023 | 121325W |
Shareholding
The shareholding of Theta Controls and Systems 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 Theta Controls and Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹20 Lakh
Satisfied charges
₹2.4 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Apr 2003 | 90086387 | Bank of Maharashtra | ₹20 Lakh | Open | |
| 07 Feb 2024 | 100878273 | Hdfc Bank Limited | ₹1.4 Cr | Satisfied | |
| 30 Apr 2021 | 100455423 | Others | ₹1 Cr | Satisfied |
To see the full charge records of Theta Controls and Systems Private Limited, buy the company report.
Total charge records: 3 View all charges
Deals & funding
Theta Controls and Systems Private Limited has 12 deals on record (6 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹14.31 Cr; the latest was in March 2024.
Total deals
12
Secondary share transfers
6
Funding rounds
5
Rights issue
1
Disclosed funding
₹14.31 Cr
Deals on record (5 of 12)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Mar 2014 | Secondary share transfer | Undisclosed | Buyer: Pilman Ventures LLP , 2 individuals Seller: 4 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: CG Power and Industrial Solutions Limited |
| Mar 2006 | Funding round | ₹3.39 Cr | Investors: CG Power and Industrial Solutions Limited , CG Employees Stock Option Trust, 2 individuals |
To see the full deal history of Theta Controls and Systems 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
Theta Controls and Systems Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Theta Controls and Systems 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
No delayed payments to MSME suppliers are on our record for Theta Controls and Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Theta Controls and Systems Private Limited has a workforce of 26 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
26
Active EPFO establishments
1
Employee growth
-3.7%
GST
Theta Controls and Systems has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCC5437D1ZY | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Theta Controls and Systems Private Limited, buy the company report.
Recent activity
Theta Controls and Systems Private Limited has 8 board changes on record since 2008: 2 appointments and 6 cessations. The latest: Chetan Vadilal Sanghvi ceased to be Director on 01 Dec 2023.
AGM
Theta Controls And Systems Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Theta Controls And Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune.
Charges
A charge registered on 07 Feb 2024 via Charge ID 100878273 with Hdfc Bank Limited was fully satisfied on 27 Sep 2024.
Charges
A charge with Hdfc Bank Limited of Rs. 1.40 Cr registered on 07 Feb 2024 with Charge ID 100878273 was modified on 26 Feb 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 1.40 Cr with Charge ID 100878273 was registered on 07 Feb 2024.
Charges
A charge registered on 30 Apr 2021 via Charge ID 100455423 with Others was fully satisfied on 29 Dec 2023.
Ceased
Chetan Vadilal Sanghvi ceased to be Director.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100455423 was registered on 30 Apr 2021.
Ceased
Kewal Krishan Nohria ceased to be Director.
Appointed
Maneesh Kumar Mahbubani was appointed as Director.
Ceased
Tarun Kumar Bimalendu Mukherjee ceased to be Managing Director.
Appointed
Raja Pribhdas Mahbubani was appointed as Managing Director.
5 earlier events are in the company report.
Frequently asked questions
Theta Controls and Systems is an active private limited company based in Pune, Maharashtra, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 19 October 1995 (31+ years old) and is registered under CIN U33112PN1995PTC093837.
Theta Controls and Systems has 2 current directors:
- Raja Pribhdas Mahbubani - Managing Director
- Maneesh Kumar Mahbubani - Director
The latest financial statements of Theta Controls and Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Theta Controls and Systems is 27AABCC5437D1ZY, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Theta Controls and Systems is U33112PN1995PTC093837. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Theta Controls and Systems has 2 court cases on record: 2 filed against it.
Theta Controls and Systems was incorporated on 19 October 1995, making it 31+ years old. It is registered with the Registrar of Companies, Pune.
Theta Controls and Systems has 12 deals on record (6 secondary share transfers, 5 funding rounds, 1 rights issue), with disclosed funding of ₹14.31 Cr; the latest was in March 2024.
Chetan Vadilal Sanghvi ceased to be Director on 01 Dec 2023. Kewal Krishan Nohria ceased to be Director on 24 Sep 2013. Maneesh Kumar Mahbubani was appointed as Director on 24 Sep 2013. Theta Controls and Systems has 8 board changes on record in total.
Yes, Theta Controls and Systems is registered as a small enterprise under Udyam registration (number: UDYAM-MH-26-0010690).