Futurethoughts Software Solutions Private Limited

Develops and provides computer software for various industries and businesses.

2003 | Rangareddy, Telangana (India) | Active
Last Updated: December 24, 2024

Futurethoughts Software Solutions Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 4.95 Cr
  • Company Age 21 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 5.54 Cr
  • Revenue Growth -80.14%
  • Profit Growth -1756.43%
  • Ebitda -208.65%
  • Net Worth -6.96%
  • Total Assets -6.96%

About Futurethoughts Software Solutions

Futurethoughts Software Solutions Private Limited (FSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 June 2003 and has a history of 21 years and seven months. Its registered office is in Rangareddy, Telangana, India.

The Corporate was formerly known as Apps Associates Private Limited. The Company is engaged in the Information Technology Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 4.95 Cr.

The company has closed loans amounting to ₹5.54 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Buchaiah Bogelli, Bogelli Sridhar, and Suseela Bogelli serve as directors at the Company.

Company Details

  • Location

    Rangareddy, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TG2003PTC041201

  • Company No.

    041201

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jun 2003

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Information Technology

What products or services does Futurethoughts Software Solutions Private Limited offer?

Futurethoughts Software Solutions Private Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant, IT, Networking & Automation Solution, IT Solutions, Web Applications Services, Web Application Development, Application Development Service, Cloud Application Development, Networking Solutions, Cloud Computing Service.

Who are the key members and board of directors at Futurethoughts Software Solutions?

Board Members (3)

Name Designation Appointment Date Status
Buchaiah Bogelli Country flag representing In Director 20-Jun-2003 Current
Bogelli Sridhar Country flag representing In Director 27-Sep-2004 Current
Suseela Bogelli Country flag representing In Director 20-Jun-2003 Current

Financial Performance of Futurethoughts Software Solutions.

Futurethoughts Software Solutions Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 80.14% decrease. The company also saw a substantial fall in profitability, with a 1756.43% decrease in profit. The company's net worth dipped by a decrease of 6.96%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-80.14%
Revenue from Operations
Total Assets
-6.96%
Profit or Loss
-1756.43%
Net Worth
-6.96%
EBITDA
-208.65%

What is the Ownership and Shareholding Structure of Futurethoughts Software Solutions?

In 2020, Futurethoughts Software Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹5.54 Cr

Charges Breakdown by Lending Institutions

  • Icici Bank : 3.40 Cr
  • Hdfc Bank Limited : 2.14 Cr

Latest Charge Details

Date Lender Amount Status
12 Sep 2014 Icici Bank ₹3.40 Cr Satisfied
30 Aug 2010 Hdfc Bank Limited ₹2.14 Cr Satisfied

How Many Employees Work at Futurethoughts Software Solutions?

Unlock and access historical data on people associated with Futurethoughts Software Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Futurethoughts Software Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Futurethoughts Software Solutions's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Futurethoughts Software Solutions

Recent activity within the organization

  • Annual General Meeting

    Futurethoughts Software Solutions Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Futurethoughts Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge registered on 12 Sep 2014 via Charge ID 10521094 with Icici Bank was fully satisfied on 13 Nov 2017.

    13 Nov 2017

  • Charges

    A charge with Icici Bank amounted to Rs. 3.40 Cr with Charge ID 10521094 was registered on 12 Sep 2014.

    12 Sep 2014

  • Charges

    A charge with Icici Bank of Rs. 3.40 Cr registered on 12 Sep 2014 with Charge ID 10521094 was modified on 12 Sep 2014.

    12 Sep 2014

  • Charges

    A charge registered on 30 Aug 2010 via Charge ID 10245141 with Hdfc Bank Limited was fully satisfied on 03 Sep 2014.

    03 Sep 2014

Frequently asked questions

  • Futurethoughts Software Solutions Private Limited was incorporated on 20 Jun 2003.

  • The authorized share capital of Futurethoughts Software Solutions Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 4.95 Cr.

  • Currently 3 directors are associated with Futurethoughts Software Solutions Private Limited.

    • Buchaiah Bogelli
    • Bogelli Sridhar
    • Suseela Bogelli
  • As per Ministry of Corporate Affairs (Mca), the registered address of Futurethoughts Software Solutions Private Limited is H.No.4-9-3 Hmt Nagar Nacharam, India, Hyderabad, Telangana, 500076.

  • The corporate identification number (CIN) of Futurethoughts Software Solutions Private Limited is U72200TG2003PTC041201 and the company number is 041201 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Futurethoughts Software Solutions Private Limited is https://www.appsassociates.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Futurethoughts Software Solutions Private Limited has fallen by -80.14%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Futurethoughts Software Solutions Private Limited has experienced an downturn of -6.96%.

  • The most recent Balance Sheet for Futurethoughts Software Solutions Private Limited was filed with the ROC on 31 Mar 2023.