Financial Software And Systems Profile
Key Indicators
- Authorised Capital ₹ 130.95 Cr
- Paid Up Capital ₹ 10.14 Cr
- Company Age 34 Year, 29 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 803.51 Cr
- Satisfied Charges ₹ 753.57 Cr
- Revenue Growth 4.17%
- Profit Growth -21.79%
- Ebitda 40.21%
- Net Worth -25.91%
- Total Assets -4.27%
About Financial Software And Systems
Financial Software And Systems Private Limited (FSASPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 February 1991 and has a history of 34 years. Its registered office is in Chennai, Tamil Nadu, India.
The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 130.95 Cr and a paid-up capital of Rs 10.14 Cr.
The company currently has active open charges totaling ₹803.51 Cr. The company has closed loans amounting to ₹753.57 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Financial Software And Systems Private Limited India is Rakesh Singh as COMPANY SECRETARY. Bala Deshpande, Nagaraj Mylandla, Srinivas Chidambaram, and Three other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U52599TN1991PTC020361
- Company No.
020361
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Feb 1991
- Date of AGM
11 Dec 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Financial Services
What products or services does Financial Software And Systems Private Limited offer?
Financial Software And Systems Private Limited offers a wide range of products and services, including Residential & Commercial Security, Cash Escort Services, Biometrics & Access Control Devices, POS Machine, Software Development & IT Consultant, Software Testing Services, Computer & Mobile Apps Development, Application Development Service, Corporate Finance & Leasing Advisors, Financial Service.
Financial Software And Systems Private Limited
Explore comprehensive data for Financial Software And Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Financial Software And Systems?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rakesh Singh | Company Secretary | 21-Jul-2022 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bala Deshpande  | Nominee Director | 05-Mar-2010 | Current |
| Nagaraj Mylandla | Director | 20-Feb-1991 | Current |
| Srinivas Chidambaram | Nominee Director | 05-Mar-2010 | Current |
| Prakash Chellam | Nominee Director | 05-Sep-2024 | Current |
| Rudhraapathy Jagannathan | Whole-Time Director | 01-Dec-1997 | Current |
| Sharada Mylandla | Director | 19-Mar-1997 | Current |
Financial Performance of Financial Software And Systems.
Financial Software And Systems Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 4.17% increase. The company also saw a substantial fall in profitability, with a 21.79% decrease in profit. The company's net worth observed a substantial decline by a decrease of 25.91%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Financial Software And Systems?
In 2022, Financial Software And Systems had a promoter holding of 45.27% and a public holding of 54.73%. The company had 3 Subsidiaries and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Fss Grameenpay Private LimitedNagaraj Mylandla and Rudhraapathy Jagannathan are mutual person
Medisys Edutech Private LimitedBala Deshpande is a mutual person
Jacob Ballas India Private LimitedSrinivas Chidambaram is a mutual person
Panacea Medical Technologies Private LimitedBala Deshpande is a mutual person
Brainbees Solutions LimitedBala Deshpande is a mutual person
Eclerx Services LimitedBala Deshpande is a mutual person
Charges (Loans)
Open Charges
₹803.51 Cr
Satisfied Charges
₹753.57 Cr
Charges Breakdown by Lending Institutions
- Others : 803.51 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Dec 2022 | Others | ₹8.51 Cr | Open |
| 06 Nov 2020 | Others | ₹50.00 Cr | Open |
| 31 May 2019 | Others | ₹45.00 Cr | Open |
| 10 Jun 2013 | Others | ₹300.00 Cr | Open |
| 13 Jul 2005 | Others | ₹400.00 Cr | Open |
How Many Employees Work at Financial Software And Systems?
Financial Software And Systems has a workforce of 1883 employees as of Apr 07, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Financial Software And Systems, 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 Financial Software And Systems's trajectory.
Rating
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
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 Financial Software And Systems
Recent activity within the organization
- Annual General Meeting
Financial Software And Systems Private Limited last Annual general meeting of members was held on 11 Dec 2024 as per latest MCA records.
- Charges
A charge with Others of Rs. 8.51 Cr registered on 07 Dec 2022 with Charge ID 100657746 was modified on 25 Oct 2024.
- Director Appointment
Prakash Chellam was appointed as a Nominee Director was appointed as a Nominee Director on 05 Sep 2024 & has been associated with this company since 6 months 15 days .
- Balance Sheet
Financial Software And Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.
- Charges
A charge registered on 28 Apr 2021 via Charge ID 100440004 with Standard Chartered Bank was fully satisfied on 13 Feb 2024.
- Charges
A charge registered on 21 Oct 2002 via Charge ID 90302847 with Icici Bank Ltd was fully satisfied on 22 Nov 2023.
Recent News, Updates & Announcement
FSS introduces BLAZE in the Middle East, to provide a scalable, efficient payment solution./PRNewswire/ -- Financial Software & Systems Pvt Ltd (FSS), a prominent global payments technology solutions provider, introduced BLAZE for the Middle East....
Frequently asked questions
What is the Incorporation or founding date of Financial Software And Systems Private Limited?
Financial Software And Systems Private Limited was incorporated on 20 Feb 1991.
What is authorized share capital and paid-up capital of Financial Software And Systems Private Limited?
The authorized share capital of Financial Software And Systems Private Limited is ₹ 130.95 Cr and paid-up capital is ₹ 10.14 Cr.
Who are the current board members & directors of Financial Software And Systems Private Limited?
Currently 7 directors are associated with Financial Software And Systems Private Limited.
- Bala C Deshpande
- Nagaraj Venkata Mylandla
- Srinivas Chidambaram
- Prakash Chellam
- Rakesh Singh
- Rudhraapathy Jagannathan
- Sharada Mylandla
What is the registered address of Financial Software And Systems Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Financial Software And Systems Private Limited is Saradhagroundfloor No.42 Thirdmainroad Gandhinagar Adyar, India, Chennai, Tamil Nadu, 600020.
What is the corporate identification number (CIN) and company number of Financial Software And Systems Private Limited?
The corporate identification number (CIN) of Financial Software And Systems Private Limited is U52599TN1991PTC020361 and the company number is 020361 as per Ministry of Corporate Affairs (MCA).
What is the official website of Financial Software And Systems Private Limited?
The Official website of Financial Software And Systems Private Limited is https://www.fsstech.com
What has been the recent revenue trend for Financial Software And Systems Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Financial Software And Systems Private Limited has risen by 4.17%.
How many employees does Financial Software And Systems Private Limited currently have?
As Per 2022 financial reports, 1883 employees are currently employed by Financial Software And Systems Private Limited.
What change has been observed in the net worth of Financial Software And Systems Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Financial Software And Systems Private Limited has experienced an downturn of -25.91%.
What are the total open charges for Financial Software And Systems Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Financial Software And Systems Private Limited amount to ₹ 803.51 Cr.
When was the last Balance Sheet of Financial Software And Systems Private Limited filed with the ROC?
The most recent Balance Sheet for Financial Software And Systems Private Limited was filed with the ROC on 31 Mar 2024.
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