Formac Software Services Private Limited

Provides software development services and products to various clients since 2013.

2013 | Bangaluru, Karnataka (India) | Active
Last Updated: January 03, 2025

Formac Software Services Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 11 Year, 7 Months
  • Last Filing with ROC 31 Mar 2021
  • Revenue Growth 74.38%
  • Profit Growth -175.18%
  • Ebitda -335.24%
  • Net Worth -61.26%
  • Total Assets 13.30%

About Formac Software Services

Formac Software Services Private Limited (FSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 01 July 2013 and has a history of 11 years and seven months. Its registered office is in Bangaluru, Karnataka, 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 2021. It's a company limited by shares with an authorized capital of Rs 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Santosh Kumar, Archana Mishra, Venkata Duvvuri, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    formaccorp.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72200KA2013PTC069905

  • Company No.

    069905

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Jul 2013

  • Date of AGM

    30 Sep 2021

  • Date of Balance Sheet

    31 Mar 2021

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Formac Software Services Private Limited offer?

Formac Software Services Private Limited offers a wide range of products and services, including School Management Software, Student Management Software, Computer and Mobile Softwares & Apps.

Who are the key members and board of directors at Formac Software Services?

Board Members (4)

NameDesignationAppointment DateStatus
Santosh Kumar Country flag representing In Director 25-Mar-2022Current
Archana Mishra Country flag representing In Director 25-Mar-2022Current
Venkata Duvvuri Country flag representing In Director 15-Nov-2016Current
Jaleshwer Singh Country flag representing In Director 14-Jun-2022Current

Financial Performance of Formac Software Services.

Formac Software Services Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 74.38% increase. The company also saw a substantial fall in profitability, with a 175.18% decrease in profit. The company's net worth observed a substantial decline by a decrease of 61.26%.

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
74.38%
Revenue from Operations
-10.91%
Total Assets
13.30%
Profit or Loss
-175.18%
Net Worth
-61.26%
EBITDA
-335.24%

What is the Ownership and Shareholding Structure of Formac Software Services?

In 2019, Formac Software Services 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 Formac Software Services?

Formac Software Services has a workforce of 3 employees as of Apr 06, 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 Formac Software Services, 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 Formac Software Services'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 Formac Software Services

Recent activity within the organization

  • Director Appointment

    Jaleshwer Singh was appointed as a Director was appointed as a Director on 14 Jun 2022 & has been associated with this company since 2 years 8 months .

    14 Jun 2022

  • Director Appointment

    Santosh Mishra Kumar was appointed as a Director was appointed as a Director on 25 Mar 2022 & has been associated with this company since 2 years 11 months .

    25 Mar 2022

  • Director Appointment

    Archana Mishra was appointed as a Director was appointed as a Director on 25 Mar 2022 & has been associated with this company since 2 years 11 months .

    25 Mar 2022

  • Annual General Meeting

    Formac Software Services Private Limited last Annual general meeting of members was held on 30 Sep 2021 as per latest MCA records.

    30 Sep 2021

  • Balance Sheet

    Formac Software Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Bangalore.

    31 Mar 2021

  • Director Appointment

    Venkata Chandra Sekhar Duvvuri was appointed as a Director was appointed as a Director on 15 Nov 2016 & has been associated with this company since 8 years 3 months .

    15 Nov 2016

Frequently asked questions

  • Formac Software Services Private Limited was incorporated on 01 Jul 2013.

  • The authorized share capital of Formac Software Services Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Formac Software Services Private Limited.

    • Santosh Mishra Kumar
    • Archana Mishra
    • Venkata Chandra Sekhar Duvvuri
    • Jaleshwer Singh
  • As per Ministry of Corporate Affairs (Mca), the registered address of Formac Software Services Private Limited is Ground Floor No. 7/2, Maruthi Emerald Graphite India Main Road, Bengaluru, Karnataka, 560037.

  • The corporate identification number (CIN) of Formac Software Services Private Limited is U72200KA2013PTC069905 and the company number is 069905 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Formac Software Services Private Limited is https://www.formaccorp.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Formac Software Services Private Limited has risen by 74.38%.

  • As Per 2020 financial reports, 3 employees are currently employed by Formac Software Services Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Formac Software Services Private Limited has experienced an downturn of -61.26%.

  • The most recent Balance Sheet for Formac Software Services Private Limited was filed with the ROC on 31 Mar 2021.

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