We use cookies for analytics and ads to improve your experience. You can accept or decline. See our Privacy Policy.
Unlisted shares are illiquid and carry higher risk than listed securities. Prices are indicative, not live. Read the risk disclosure.

52-Week Range
Valuation
Investment Thesis
Aricent Technologies (Holdings) Limited represents the Indian legal shell of a once-prominent global engineering services company. Following Capgemini's $2 billion acquisition in 2018, all business operations were absorbed into Capgemini Engineering and the Aricent brand was discontinued. The share price of ₹1.1 reflects the entity's residual-only status. Investors holding these shares should seek advice on exit options through corporate actions by Capgemini.
Pros
Cons
Business Segments
Technology Engineering Services (Historical)
Prior to 2018 acquisition: R&D and product engineering services for telecom OEMs, semiconductor companies, and network equipment manufacturers globally
Holding Entity (Post-2018)
Post-Capgemini acquisition: residual Indian holding company structure; no independent operations
Revenue Model
Historically, Aricent generated revenue through engineering services, technology licensing, and R&D outsourcing for global telecom and semiconductor clients. Post-2018, all operational revenue flows through Capgemini Engineering; this Indian holding entity generates no independent revenue.
Detailed Analysis
Growth Plans
Potential open offer or buyback by Capgemini for minority shareholders in the holding entity
Winding up or merger with Capgemini India entity may provide an exit to remaining shareholders
Capgemini Engineering continues to grow globally, though value does not accrue to this holding entity
Industry Tailwinds
Potential open offer or buyback by Capgemini for minority shareholders in the holding entity
Recent Developments
Capgemini completed the acquisition of Aricent for approximately $2 billion in March 2018, making it one of the largest IT acquisitions in India. Aricent's operations were rebranded as Capgemini Engineering, strengthening Capgemini's technology and engineering services capabilities globally.
2018-03Private equity firm KKR agreed to sell its majority stake in Aricent to Capgemini in January 2018 for approximately $2 billion, reflecting the high value attributed to Aricent's deep telecom and semiconductor engineering expertise.
2018-01Comparable Companies
CAP (Euronext Paris) · ~$25 billion
Frequently Asked Questions
About Aricent Technologies
Aricent Technologies (Holdings) Limited was one of India's premier engineering and technology services companies, incorporated in 2000 and headquartered in Gurugram, Haryana. The company specialised in semiconductor and communications engineering services — providing R&D, product engineering, embedded systems, and software development services to global technology companies. Aricent was originally the engineering services division of Flextronics International, spun out in 2006 and acquired by private equity firm Kohlberg Kravis Roberts (KKR) and Flextronics in a deal valuing the business at approximately $900 million. Under KKR's ownership, Aricent grew into one of the world's largest pure-play communications technology engineering companies with global delivery centres. In January 2018, French IT services giant Capgemini acquired Aricent for approximately $2 billion — one of the largest acquisitions in India's IT engineering services sector. Following the acquisition, Aricent was integrated into Capgemini's engineering business under the Capgemini Engineering brand. This acquisition gave Capgemini deep expertise in semiconductor, 5G, and communications engineering — capabilities critical for the global technology industry's shift toward embedded intelligence. At the time of the Capgemini acquisition, Aricent employed over 22,000 engineers globally, with the majority based in India across multiple engineering centres. The company held a leading position in semiconductors (Qualcomm, Broadcom, Intel as clients), network infrastructure (Ericsson, Nokia as clients), and communications technology engineering services.
Key Milestones
Incorporated in 2000 in Haryana as a technology services company (CIN: U72200HR2000PLC034598)
Common questions about unlisted shares
You buy from and sell to the wisefolio desk — shares route through the desk's demat, money-in before shares-out.
You enquire
· Takes 2 minutesTell us the company and quantity you want. Share your demat details so we can settle directly into your account.
We source & quote
· Typically within 1 business dayOur desk sources the shares and comes back with a firm price and an allocation for the quantity available.
You accept the allocation
· Quote valid for 3 daysReview the price, quantity and total. Accept to lock the allocation. The quote is valid for a short window before it needs re-pricing.
You transfer the funds
· Pay within 2 days of acceptingPay by direct bank transfer to the desk's published account — never to a personal account. We confirm receipt and begin the transfer.
Shares reach your demat
· Usually credited within 2–3 business daysOnce payment is verified, the shares are transferred from the desk's demat into yours, and you receive a transfer confirmation.
A principal desk for unlisted & pre-IPO shares — you transact with us, not a stranger.
You enquire
Takes 2 minutes
We source & quote
Typically within 1 business day
You accept the allocation
Quote valid for 3 days
You transfer the funds
Pay within 2 days of accepting
Shares reach your demat
Usually credited within 2–3 business days
Unlisted shares are illiquid and carry higher risk. Pricing is indicative, not live, and these are private off-market transactions with no exchange settlement guarantee. Read the full risk disclosure.
Be the first to discuss Aricent Technologies — share your research, ask questions, or compare notes with other investors.
Winding up or merger with Capgemini India entity may provide an exit to remaining shareholders
Capgemini Engineering continues to grow globally, though value does not accrue to this holding entity
Industry Headwinds
No independent business value remaining in the entity
Minority shareholders may have limited recourse for exit
Entity may be inactive with no proactive corporate actions forthcoming
Company fully absorbed into Capgemini — no longer independent entity; shares in legacy Aricent structure have limited value proposition
Source: Media Reports / Public Records
Aricent's operational business has been fully absorbed into Capgemini Engineering. The holding entity has no independent revenue, assets, or future business prospects.
The Indian holding company may still have legacy liabilities, minority shareholder obligations, or pending regulatory requirements from the acquisition structure that are not publicly disclosed.
Share price of ₹1.1 and unlisted status means there is effectively no liquid market for these shares.
Post-acquisition, the status and treatment of minority shareholders in the Indian holding entity is uncertain. Investors should seek clarity on any open offers, buybacks, or winding-up procedures.
Unlisted
KPITTECH · ~25,000 Cr
Evolved from Hughes Software Systems / Flextronics Software Systems into Aricent through ownership changes
KKR-led consortium acquired the company and rebranded it as Aricent, positioning it as a global technology engineering leader
Built a 12,000+ employee base globally with major India presence in Gurugram, specialising in telecom, semiconductor, and embedded software services
Capgemini announced acquisition of Aricent in January 2018 for approximately $2 billion
Capgemini completed the Aricent acquisition in March 2018, integrating it into Capgemini Engineering
Aricent brand discontinued; operations absorbed into Capgemini Engineering global division

Transline Technologies
Information Technology
₹160
+0.00%

Veremax Technologie Services
Information Technology
₹375
+0.00%

Online Information Technologies
Information Technology
₹0.2
+0.00%

Imperative Business Ventures Limited
Information Technology
₹0.01
+0.00%

HCIN Networks Private Limited
Information Technology
₹185
+0.00%

Globe Secure Technologies Limited
Information Technology
₹1,000
+0.00%