Foresight Software Solutions Private Limited

IT company providing software trading and innovative IT infrastructure management solutions since 1991.

1991 | Bangalore, Karnataka (India) | Active
Last Updated: January 18, 2025

Foresight Software Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 88.55 K
  • Company Age 34 Year, 30 Days
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth 11.37%
  • Profit Growth -64.02%
  • Ebitda -22.07%
  • Net Worth 7.47%
  • Total Assets 53.48%

About Foresight Software Solutions

Foresight Software Solutions Private Limited (FSSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 January 1991 and has a history of 34 years. Its registered office is in Bangalore, Karnataka, India.

The Corporate was formerly known as Foresight Marketing 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 0.20 M and a paid-up capital of Rs 88.55 K , as per Ministry of Corporate Affairs (MCA) records.

Mukund Kakatkar and Sudha Prasad serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    foresightho.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72300KA1991PTC011576

  • Company No.

    011576

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jan 1991

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

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

Board Members (2)

Name Designation Appointment Date Status
Mukund Kakatkar Country flag representing In Director 05-Mar-2003 Current
Sudha Prasad Country flag representing In Whole-Time Director 17-Jan-2023 Current

Financial Performance of Foresight Software Solutions.

Foresight Software Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.37% increase. The company also saw a substantial fall in profitability, with a 64.02% decrease in profit. The company's net worth moved up by a moderate rise of 7.47%.

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
11.37%
Revenue from Operations
11.86%
Total Assets
53.48%
Profit or Loss
-64.02%
Net Worth
7.47%
EBITDA
-22.07%

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

In 2023, Foresight Software Solutions had a public holding of 3.84%. 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 Foresight Software Solutions?

Foresight Software Solutions has a workforce of 21 employees as of Apr 09, 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 Foresight 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 Foresight 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 Foresight Software Solutions

Recent activity within the organization

  • Annual General Meeting

    Foresight 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

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

    31 Mar 2023

  • Director Appointment

    Sudha Prasad was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 17 Jan 2023 & has been associated with this company since 2 years 30 days .

    17 Jan 2023

  • Director Appointment

    Mukund Kakatkar was appointed as a Director was appointed as a Director on 05 Mar 2003 & has been associated with this company since 21 years 11 months .

    05 Mar 2003

  • Company Incorporation

    Foresight Software Solutions Private Limited was registered on 17 Jan 1991 with Roc Bangalore & aged 34 years 30 days as per MCA records.

    17 Jan 1991

Frequently asked questions

  • Foresight Software Solutions Private Limited was incorporated on 17 Jan 1991.

  • The authorized share capital of Foresight Software Solutions Private Limited is ₹ 0.20 M and paid-up capital is ₹ 88.55 K .

  • Currently 2 directors are associated with Foresight Software Solutions Private Limited.

    • Mukund Kakatkar
    • Sudha Prasad
  • As per Ministry of Corporate Affairs (Mca), the registered address of Foresight Software Solutions Private Limited is New No. 37 16Th Cross, Vyalikaval India, Bangalore, Karnataka, 560003.

  • The corporate identification number (CIN) of Foresight Software Solutions Private Limited is U72300KA1991PTC011576 and the company number is 011576 as per Ministry of Corporate Affairs (MCA).

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

  • According to the financial reports for the fiscal year 2023, the revenue trend for Foresight Software Solutions Private Limited has risen by 11.37%.

  • As Per 2023 financial reports, 21 employees are currently employed by Foresight Software Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Foresight Software Solutions Private Limited has experienced an upsurge of 7.47%.

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

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