Flatworld Mortgage Processing Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 11 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Revenue Growth -44.00%
- Profit Growth -50.81%
- Ebitda -52.64%
- Net Worth 13.59%
- Total Assets -4.03%
About Flatworld Mortgage Processing
Flatworld Mortgage Processing Private Limited (FMPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 June 2013 and has a history of 11 years and eight months. Its registered office is in Bangalore, Karnataka, India.
The Corporate was formerly known as Altair Infosystems Private Limited. The Company is engaged in the Business Outsourcing 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 0.50 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.
Amitaabh Saboo and Anita Saboo serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U72200KA2013PTC069596
- Company No.
069596
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Jun 2013
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Business Outsourcing
Who are the key members and board of directors at Flatworld Mortgage Processing?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anita Saboo  | Managing Director | 07-Jun-2013 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Amitaabh Saboo | Whole-Time Director | 07-Jun-2013 | Current |
Financial Performance of Flatworld Mortgage Processing.
Flatworld Mortgage Processing Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 44% decrease. The company also saw a substantial fall in profitability, with a 50.81% decrease in profit. The company's net worth Soared by an impressive increase of 13.59%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Flatworld Mortgage Processing?
In 2023, Flatworld Mortgage Processing had a promoter holding of 99.00% and a public holding of 1.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Axs Online Private Limited
Amitaabh Saboo and Anita Saboo are mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Flatworld Mortgage Processing?
Flatworld Mortgage Processing has a workforce of 90 employees as of Mar 22, 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 Flatworld Mortgage Processing, 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 Flatworld Mortgage Processing'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 Flatworld Mortgage Processing
Recent activity within the organization
- Annual General Meeting
Flatworld Mortgage Processing Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Flatworld Mortgage Processing Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Director Appointment
Amitaabh Saboo was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 07 Jun 2013 & has been associated with this company since 11 years 8 months .
- Director Appointment
Anita Saboo was appointed as a Managing Director was appointed as a Managing Director on 07 Jun 2013 & has been associated with this company since 11 years 8 months .
- Company Incorporation
Flatworld Mortgage Processing Private Limited was registered on 07 Jun 2013 with Roc Bangalore & aged 11 years 8 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Flatworld Mortgage Processing Private Limited?
Flatworld Mortgage Processing Private Limited was incorporated on 07 Jun 2013.
What is authorized share capital and paid-up capital of Flatworld Mortgage Processing Private Limited?
The authorized share capital of Flatworld Mortgage Processing Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Flatworld Mortgage Processing Private Limited?
Currently 2 directors are associated with Flatworld Mortgage Processing Private Limited.
- Amitaabh Saboo
- Anita Saboo
What is the registered address of Flatworld Mortgage Processing Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Flatworld Mortgage Processing Private Limited is No.744 15Th Cross 24Th Main J P Nagar 6Th Phase, India, Bangalore, Karnataka, 560078.
What is the corporate identification number (CIN) and company number of Flatworld Mortgage Processing Private Limited?
The corporate identification number (CIN) of Flatworld Mortgage Processing Private Limited is U72200KA2013PTC069596 and the company number is 069596 as per Ministry of Corporate Affairs (MCA).
What is the official website of Flatworld Mortgage Processing Private Limited?
The Official website of Flatworld Mortgage Processing Private Limited is https://www.mortgagepro360.com
What has been the recent revenue trend for Flatworld Mortgage Processing Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Flatworld Mortgage Processing Private Limited has fallen by -44.00%.
How many employees does Flatworld Mortgage Processing Private Limited currently have?
As Per 2023 financial reports, 90 employees are currently employed by Flatworld Mortgage Processing Private Limited.
What change has been observed in the net worth of Flatworld Mortgage Processing Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Flatworld Mortgage Processing Private Limited has experienced an upsurge of 13.59%.
When was the last Balance Sheet of Flatworld Mortgage Processing Private Limited filed with the ROC?
The most recent Balance Sheet for Flatworld Mortgage Processing Private Limited was filed with the ROC on 31 Mar 2023.