Fornax Systems Private Limited

Designs and develops software for industrial, educational, and export organizations, with a focus on data and image processing.

1999 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: December 25, 2024

Fornax Systems Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 25 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.20 M
  • Satisfied Charges ₹ 1.50 M
  • Revenue Growth %
  • Profit Growth -734.88%
  • Ebitda -734.88%
  • Net Worth -0.20%
  • Total Assets -0.20%

About Fornax Systems

Fornax Systems Private Limited (FSPL) is a Private Limited Indian Non-Government Company incorporated in India on 17 May 1999 and has a history of 25 years and nine months. Its registered office is in Coimbatore, 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 2.00 M and a paid-up capital of Rs 2.00 M.

The company currently has active open charges totaling ₹7.20 M. The company has closed loans amounting to ₹1.50 M, as per Ministry of Corporate Affairs (MCA) records.

Satish Viswanathan and Velusamy Arulprakash serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72200TZ1999PTC008869

  • Company No.

    008869

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 May 1999

  • Date of AGM

    24 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Information Technology

Who are the key members and board of directors at Fornax Systems?

Board Members (2)

NameDesignationAppointment DateStatus
Satish Viswanathan Country flag representing In Director 17-May-1999Current
Velusamy Arulprakash Country flag representing In Additional Director 24-Jun-2023Current

Financial Performance of Fornax Systems.

Fornax Systems Private Limited, for the financial year ended 2019, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 734.88% decrease in profit. The company's net worth dipped by a decrease of 0.2%.

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
Revenue from Operations
Total Assets
-0.20%
Profit or Loss
-734.88%
Net Worth
-0.20%
EBITDA
-734.88%

What is the Ownership and Shareholding Structure of Fornax Systems?

Unlock access to Fornax Systems's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹7.20 M

Satisfied Charges

₹1.50 M

Charges Breakdown by Lending Institutions

  • Oriental Bank Of Commerce : 0.45 Cr
  • The Bank Of Nova Scotia : 0.27 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jan 2005Oriental Bank Of Commerce₹4.50 MOpen
31 May 1999The Bank Of Nova Scotia₹2.70 MOpen
25 Sep 2004Punjab National Bank₹1.50 MSatisfied

How Many Employees Work at Fornax Systems?

Unlock and access historical data on people associated with Fornax Systems, 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 Fornax 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 Fornax Systems'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

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Latest Updates, News, and FAQs on Fornax Systems

Recent activity within the organization

  • Annual General Meeting

    Fornax Systems Private Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.

    24 Sep 2024

  • Balance Sheet

    Fornax Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Director Appointment

    Velusamy Arulprakash was appointed as a Additional Director was appointed as a Additional Director on 24 Jun 2023 & has been associated with this company since 1 year 7 months .

    24 Jun 2023

  • Charges

    A charge registered on 25 Sep 2004 via Charge ID 90009270 with Punjab National Bank was fully satisfied on 02 May 2019.

    02 May 2019

  • Charges

    A charge with Oriental Bank Of Commerce amounted to Rs. 4.50 M with Charge ID 90009312 was registered on 12 Jan 2005.

    12 Jan 2005

  • Charges

    A charge with Punjab National Bank amounted to Rs. 1.50 M with Charge ID 90009270 was registered on 25 Sep 2004.

    25 Sep 2004

Frequently asked questions

  • Fornax Systems Private Limited was incorporated on 17 May 1999.

  • The authorized share capital of Fornax Systems Private Limited is ₹ 2.00 M and paid-up capital is ₹ 2.00 M.

  • Currently 2 directors are associated with Fornax Systems Private Limited.

    • Satish Viswanathan
    • Velusamy Arulprakash
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fornax Systems Private Limited is No. 64, Dr. Nanjappa Road India, Coimbatore, Tamil Nadu, 641018.

  • The corporate identification number (CIN) of Fornax Systems Private Limited is U72200TZ1999PTC008869 and the company number is 008869 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2019 indicates that The net worth of Fornax Systems Private Limited has experienced an downturn of -0.20%.

  • As per the financial statements for fiscal Year 2019, The total open charges for Fornax Systems Private Limited amount to ₹ 7.20 M.

  • The most recent Balance Sheet for Fornax Systems Private Limited was filed with the ROC on 31 Mar 2024.

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