Fortrise Business Solutions Private Limited

Founded in 2019 and headquartered in Tamil Nadu, India.

2019 | Coimbatore, Tamil Nadu (India) | Active
Last Updated:

Fortrise Business Solutions Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 9.01 M
  • Company Age 6 Year, 2 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.16 Cr
  • Revenue Growth 78.05%
  • Profit Growth 114.28%
  • Ebitda 114.25%
  • Net Worth 36.27%
  • Total Assets 83.66%

About Fortrise Business Solutions

Fortrise Business Solutions Private Limited (FBSPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 April 2019 (Six years 2 days old ). Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as Teg Global Infrastructures 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 2024. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 9.01 M.

The company currently has active open charges totaling ₹9.16 Cr.

Jyothy Retna and John Samuel 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

    U51909TZ2019PTC030658

  • Company No.

    107607

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Apr 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Information Technology
Company report

Fortrise Business Solutions Private Limited

Explore comprehensive data for Fortrise Business Solutions Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Fortrise Business Solutions?

Board Members (2)

NameDesignationAppointment DateStatus
Jyothy Retna Country flag representing In Director 03-Jun-2021Current
John Samuel Country flag representing In Director 12-Apr-2019Current

Financial Performance of Fortrise Business Solutions.

Fortrise Business Solutions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 78.05% increase. The company also saw a substantial improvement in profitability, with a 114.28% increase in profit. The company's net worth Soared by an impressive increase of 36.27%.

Fortrise Business Solutions revenue growth over time
Fortrise Business Solutions 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
78.05%
Revenue from Operations
78.47%
Total Assets
83.66%
Profit or Loss
114.28%
Net Worth
36.27%
EBITDA
114.25%

What is the Ownership and Shareholding Structure of Fortrise Business Solutions?

In 2023, Fortrise Business 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)

Open Charges

₹9.16 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 6.40 Cr
  • Hdfc Bank Limited : 2.76 Cr

Latest Charge Details

DateLenderAmountStatus
29 Aug 2024Others₹2.20 CrOpen
19 Mar 2024Others₹2.00 CrOpen
08 Aug 2023Hdfc Bank Limited₹1.76 MOpen
29 Jun 2023Hdfc Bank Limited₹5.81 MOpen
29 Apr 2023Others₹2.20 CrOpen

How Many Employees Work at Fortrise Business Solutions?

Fortrise Business Solutions has a workforce of 18 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.

Employee growth trends for Fortrise Business Solutions Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fortrise Business 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 Fortrise Business 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 Fortrise Business Solutions

Recent activity within the organization

  • Annual General Meeting

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

  • Charges

    A charge with Others amounted to Rs. 2.20 Cr with Charge ID 100972704 was registered on 29 Aug 2024.

  • Balance Sheet

    Fortrise Business Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100926151 was registered on 19 Mar 2024.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 100786934 was registered on 08 Aug 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.58 Cr with Charge ID 100767158 was registered on 29 Jun 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Fortrise Business Solutions Private Limited?

    Fortrise Business Solutions Private Limited was incorporated on 12 Apr 2019.

  • What is authorized share capital and paid-up capital of Fortrise Business Solutions Private Limited?

    The authorized share capital of Fortrise Business Solutions Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.01 M.

  • Who are the current board members & directors of Fortrise Business Solutions Private Limited?

    Currently 2 directors are associated with Fortrise Business Solutions Private Limited.

    • Jyothy Retna
    • John Samuel

  • What is the registered address of Fortrise Business Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Fortrise Business Solutions Private Limited is 34-Third Floor 8Th Cross Road Bharathi Park Coimbatore-, India, Coimbatore North, Tamil Nadu, 641011.

  • What is the corporate identification number (CIN) and company number of Fortrise Business Solutions Private Limited?

    The corporate identification number (CIN) of Fortrise Business Solutions Private Limited is U51909TZ2019PTC030658 and the company number is 107607 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Fortrise Business Solutions Private Limited?

    The Official website of Fortrise Business Solutions Private Limited is https://www.tegworld.net

  • What has been the recent revenue trend for Fortrise Business Solutions Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Fortrise Business Solutions Private Limited has risen by 78.05%.

  • How many employees does Fortrise Business Solutions Private Limited currently have?

    As Per 2023 financial reports, 18 employees are currently employed by Fortrise Business Solutions Private Limited.

  • What change has been observed in the net worth of Fortrise Business Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Fortrise Business Solutions Private Limited has experienced an upsurge of 36.27%.

  • What are the total open charges for Fortrise Business Solutions Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Fortrise Business Solutions Private Limited amount to ₹ 9.16 Cr.

  • When was the last Balance Sheet of Fortrise Business Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for Fortrise Business Solutions Private Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on IT Infrastructure Management & Services