Fortytwo42 Technology Innovations Private Limited
Designing and developing software applications, creating intellectual property and dealing in technology-related products.
2016 | Pune, Maharashtra (India) | Active
Fortytwo42 Technology Innovations Profile
Key Indicators
- Authorised Capital ₹ 1.38 Cr
- Paid Up Capital ₹ 9.83 M
- Company Age 9 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 2.55 Cr
- Satisfied Charges ₹ 1.35 M
- Revenue Growth 50.04%
- Profit Growth -11.66%
- Ebitda -119.23%
- Net Worth 80.21%
- Total Assets 16.05%
About Fortytwo42 Technology Innovations
Fortytwo42 Technology Innovations Private Limited (FTIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 01 January 2016 (Nine years and four months 23 days old ). Its registered office is in Pune, Maharashtra, 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 1.38 Cr and a paid-up capital of Rs 9.83 M.
The company currently has active open charges totaling ₹2.55 Cr. The company has closed loans amounting to ₹1.35 M, as per Ministry of Corporate Affairs (MCA) records.
Soumitra Wadalkar and Arun Gupta serve as directors at the Company.
Company Details
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999PN2016PTC157768
- Company No.
157768
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Jan 2016
- Date of AGM
28 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Information Technology
Fortytwo42 Technology Innovations Private Limited
Explore comprehensive data for Fortytwo42 Technology Innovations Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Fortytwo42 Technology Innovations?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Soumitra Wadalkar  | Director | 01-Jan-2016 | Current |
| Arun Gupta | Director | 01-Jan-2016 | Current |
Financial Performance of Fortytwo42 Technology Innovations.
Fortytwo42 Technology Innovations Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 50.04% increase. The company also saw a substantial fall in profitability, with a 11.66% decrease in profit. The company's net worth Soared by an impressive increase of 80.21%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Fortytwo42 Technology Innovations?
In 2022, Fortytwo42 Technology Innovations had a promoter holding of 94.18% and a public holding of 5.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Vegayan Systems Private LimitedSoumitra Wadalkar is a mutual person
- Fortytwo42 Labs Llp
Soumitra Wadalkar and Arun Gupta are mutual person
Charges (Loans)
Open Charges
₹2.55 Cr
Satisfied Charges
₹0.14 Cr
Charges Breakdown by Lending Institutions
- Yes Bank Limited : 2.55 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 07 Sep 2017 | Yes Bank Limited | ₹2.55 Cr | Open |
| 29 Dec 2020 | Axis Bank Limited | ₹1.35 M | Satisfied |
How Many Employees Work at Fortytwo42 Technology Innovations?
Unlock and access historical data on people associated with Fortytwo42 Technology Innovations, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Fortytwo42 Technology Innovations, 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 Fortytwo42 Technology Innovations's trajectory.
Rating
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Alerts
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 Fortytwo42 Technology Innovations
Recent activity within the organization
- Annual General Meeting
Fortytwo42 Technology Innovations Private Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.
- Balance Sheet
Fortytwo42 Technology Innovations Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.
- Charges
A charge with Yes Bank Limited of Rs. 2.55 Cr registered on 07 Sep 2017 with Charge ID 100180635 was modified on 27 Jun 2022.
- Charges
A charge registered on 29 Dec 2020 via Charge ID 100406662 with Axis Bank Limited was fully satisfied on 16 Feb 2022.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100406662 was registered on 29 Dec 2020.
- Charges
A charge with Yes Bank Limited amounted to Rs. 2.55 Cr with Charge ID 100180635 was registered on 07 Sep 2017.
Frequently asked questions
What is the Incorporation or founding date of Fortytwo42 Technology Innovations Private Limited?
Fortytwo42 Technology Innovations Private Limited was incorporated on 01 Jan 2016.
What is authorized share capital and paid-up capital of Fortytwo42 Technology Innovations Private Limited?
The authorized share capital of Fortytwo42 Technology Innovations Private Limited is ₹ 1.38 Cr and paid-up capital is ₹ 9.83 M.
Who are the current board members & directors of Fortytwo42 Technology Innovations Private Limited?
Currently 2 directors are associated with Fortytwo42 Technology Innovations Private Limited.
- Soumitra Gajanan Wadalkar
- Arun Omkarlal Gupta
What is the registered address of Fortytwo42 Technology Innovations Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Fortytwo42 Technology Innovations Private Limited is Office No. 201 A Siddh Icon Sr. 1/1A/29/1 2 Nr. Bikaner Sweets, Baner Road India, Pune, Maharashtra, 411045.
What is the corporate identification number (CIN) and company number of Fortytwo42 Technology Innovations Private Limited?
The corporate identification number (CIN) of Fortytwo42 Technology Innovations Private Limited is U74999PN2016PTC157768 and the company number is 157768 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Fortytwo42 Technology Innovations Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Fortytwo42 Technology Innovations Private Limited has risen by 50.04%.
What change has been observed in the net worth of Fortytwo42 Technology Innovations Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Fortytwo42 Technology Innovations Private Limited has experienced an upsurge of 80.21%.
What are the total open charges for Fortytwo42 Technology Innovations Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Fortytwo42 Technology Innovations Private Limited amount to ₹ 2.55 Cr.
When was the last Balance Sheet of Fortytwo42 Technology Innovations Private Limited filed with the ROC?
The most recent Balance Sheet for Fortytwo42 Technology Innovations Private Limited was filed with the ROC on 31 Mar 2024.
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