Formative Software Solutions Private Limited

Provides software services and IT solutions using MDD and agile methodologies for various industries.

2009 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: January 03, 2025

Formative Software Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.40 M
  • Paid Up Capital ₹ 0.31 M
  • Company Age 15 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 39.95%
  • Profit Growth 7.70%
  • Ebitda 12.96%
  • Net Worth -10.78%
  • Total Assets -9.02%

About Formative Software Solutions

Formative Software Solutions Private Limited (FSSPL) is a Private Limited Indian Non-Government Company incorporated in India on 04 August 2009 and has a history of 15 years and six months. Its registered office is in Kanchipuram, 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 2024. It's a company limited by shares with an authorized capital of Rs 0.40 M and a paid-up capital of Rs 0.31 M, as per Ministry of Corporate Affairs (MCA) records.

Rajagopalan Kasi and Krishnamurthy Sivakumar serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72900TN2009PTC072455

  • Company No.

    072455

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    04 Aug 2009

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Formative Software Solutions Private Limited offer?

Formative Software Solutions Private Limited offers a wide range of products and services, including Data Entry & Data Processing Service, Data Management, Web Development & Marketing Services, Web Portal Development Service, Software Development Services, Customized Software Solution, Computer, IT & Software Training, Computer Language Training Services, IT, Networking & Automation Solution, IT Solutions.

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

Board Members (2)

Name Designation Appointment Date Status
Rajagopalan Kasi Country flag representing In Director 27-Feb-2017 Current
Krishnamurthy Sivakumar Country flag representing In Director 05-Aug-2016 Current

Financial Performance of Formative Software Solutions.

Formative Software Solutions Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 39.95% increase. The company also saw a slight improvement in profitability, with a 7.7% increase in profit. The company's net worth observed a substantial decline by a decrease of 10.78%.

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
39.95%
Revenue from Operations
54.09%
Total Assets
-9.02%
Profit or Loss
7.70%
Net Worth
-10.78%
EBITDA
12.96%

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

In 2019, Formative Software Solutions 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 Formative Software Solutions?

Unlock and access historical data on people associated with Formative Software Solutions, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Formative 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 Formative 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 Formative Software Solutions

Recent activity within the organization

  • Annual General Meeting

    Formative Software Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Formative Software Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Director Appointment

    Rajagopalan Kasi was appointed as a Director was appointed as a Director on 27 Feb 2017 & has been associated with this company since 7 years 11 months .

    27 Feb 2017

  • Director Appointment

    Krishnamurthy Sivakumar was appointed as a Director was appointed as a Director on 05 Aug 2016 & has been associated with this company since 8 years 6 months .

    05 Aug 2016

  • Company Incorporation

    Formative Software Solutions Private Limited was registered on 04 Aug 2009 with Roc Chennai & aged 15 years 6 months as per MCA records.

    04 Aug 2009

Frequently asked questions

  • Formative Software Solutions Private Limited was incorporated on 04 Aug 2009.

  • The authorized share capital of Formative Software Solutions Private Limited is ₹ 0.40 M and paid-up capital is ₹ 0.31 M.

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

    • Rajagopalan Kasi
    • Krishnamurthy Sivakumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Formative Software Solutions Private Limited is No.10/588 A2 Mahaveer Subhiksha Babu Nagar 1St Main Road, Medavakkam India, Chennai, Tamil Nadu, 600100.

  • The corporate identification number (CIN) of Formative Software Solutions Private Limited is U72900TN2009PTC072455 and the company number is 072455 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Formative Software Solutions Private Limited is https://www.formativesolutions.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Formative Software Solutions Private Limited has risen by 39.95%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Formative Software Solutions Private Limited has experienced an downturn of -10.78%.

  • The most recent Balance Sheet for Formative Software Solutions Private Limited was filed with the ROC on 31 Mar 2024.

Similar Companies Based on Software Development & Support Services