Far Shore Software Development Private Limited

Provides software product development services.

2007 | Madurai, Tamil Nadu (India) | Active
Last Updated: December 11, 2024

Far Shore Software Development Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.98 M
  • Company Age 17 Year, 2 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth 19.36%
  • Profit Growth 61.56%
  • Ebitda 279.50%
  • Net Worth 34.54%
  • Total Assets 30.22%

About Far Shore Software Development

Far Shore Software Development Private Limited (FSSDPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 November 2007 and has a history of 17 years and two months. Its registered office is in Madurai, Tamil Nadu, India.

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 2022. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.98 M, as per Ministry of Corporate Affairs (MCA) records.

Balchamy Srinivasan and Srinivasan Bhuvaneswari serve as directors at the Company.

Company Details

  • Location

    Madurai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200TN2007PTC065522

  • Company No.

    065522

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Nov 2007

  • Date of AGM

    03 Oct 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

Who are the key members and board of directors at Far Shore Software Development?

Executive Team (1)

Name Designation Appointment Date Status
Balchamy Srinivasan Country flag representing In Managing Director 27-Nov-2007 Current

Board Members (1)

Name Designation Appointment Date Status
Srinivasan Bhuvaneswari Country flag representing In Director 27-Nov-2007 Current

Financial Performance of Far Shore Software Development.

Far Shore Software Development Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 19.36% increase. The company also saw a substantial improvement in profitability, with a 61.56% increase in profit. The company's net worth Soared by an impressive increase of 34.54%.

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
19.36%
Revenue from Operations
19.44%
Total Assets
30.22%
Profit or Loss
61.56%
Net Worth
34.54%
EBITDA
279.50%

What is the Ownership and Shareholding Structure of Far Shore Software Development?

In 2019, Far Shore Software Development 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Far Shore Software Development?

Far Shore Software Development has a workforce of 39 employees as of Apr 08, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Far Shore Software Development, 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 Far Shore Software Development'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 Far Shore Software Development

Recent activity within the organization

  • Annual General Meeting

    Far Shore Software Development Private Limited last Annual general meeting of members was held on 03 Oct 2022 as per latest MCA records.

    03 Oct 2022

  • Balance Sheet

    Far Shore Software Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai.

    31 Mar 2022

  • Director Appointment

    Balchamy Srinivasan was appointed as a Managing Director was appointed as a Managing Director on 27 Nov 2007 & has been associated with this company since 17 years 2 months .

    27 Nov 2007

  • Director Appointment

    Srinivasan Bhuvaneswari was appointed as a Director was appointed as a Director on 27 Nov 2007 & has been associated with this company since 17 years 2 months .

    27 Nov 2007

  • Company Incorporation

    Far Shore Software Development Private Limited was registered on 27 Nov 2007 with Roc Chennai & aged 17 years 2 months as per MCA records.

    27 Nov 2007

Frequently asked questions

  • Far Shore Software Development Private Limited was incorporated on 27 Nov 2007.

  • The authorized share capital of Far Shore Software Development Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.98 M.

  • Currently 2 directors are associated with Far Shore Software Development Private Limited.

    • Balchamy Srinivasan
    • Srinivasan Bhuvaneswari
  • As per Ministry of Corporate Affairs (Mca), the registered address of Far Shore Software Development Private Limited is 25F-26 Thillaisivam Commercial Complex Iii Floor Ghokale Road, Chinnachokkikula M India, Madurai, Tamil Nadu, 625002.

  • The corporate identification number (CIN) of Far Shore Software Development Private Limited is U72200TN2007PTC065522 and the company number is 065522 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Far Shore Software Development Private Limited is https://www.farshore.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Far Shore Software Development Private Limited has risen by 19.36%.

  • As Per 2020 financial reports, 39 employees are currently employed by Far Shore Software Development Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Far Shore Software Development Private Limited has experienced an upsurge of 34.54%.

  • The most recent Balance Sheet for Far Shore Software Development Private Limited was filed with the ROC on 31 Mar 2022.