Frontier Business Systems Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 30 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 20.00 Cr
- Revenue Growth -14.84%
- Profit Growth -4.44%
- Ebitda 14.91%
- Net Worth 10.29%
- Total Assets 13.77%
About Frontier Business Systems
Frontier Business Systems Private Limited (FBSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 August 1994 and has a history of 30 years and five months. Its registered office is in Bangalore, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹20.00 Cr.
Ravi Verdes and Andrew Verdes serve as directors at the Company.
Company Details
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Location
Bangalore, Karnataka, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U67120KA1994PTC016155
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Company No.
016155
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
26 Aug 1994
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Bangalore
Industry
What products or services does Frontier Business Systems Private Limited offer?
Frontier Business Systems Private Limited offers a wide range of products and services, including Computer and Networking Solutions, Networking Solutions, Business Planning and Management, Business Consultant, Internet Marketing & Promotion, Email Marketing, IT Infrastructure Solution, Infrastructure Management Services, IT Solutions, IT Virtualization Services.
Who are the key members and board of directors at Frontier Business Systems?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravi Verdes
|
Managing Director | 26-Aug-1994 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Andrew Verdes
|
Director | 27-Dec-2021 | Current |
Financial Performance of Frontier Business Systems.
Frontier Business Systems Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.84% decrease. The company also saw a slight decrease in profitability, with a 4.44% decrease in profit. The company's net worth Soared by an impressive increase of 10.29%.
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What is the Ownership and Shareholding Structure of Frontier Business Systems?
In 2023, Frontier Business Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Crimson Cloud Private LimitedRavi Verdes is a mutual person
Charges (Loans)
₹20.00 Cr
₹0
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jun 2001 | Citi Bank N.A. | ₹20.00 Cr | Open |
How Many Employees Work at Frontier Business Systems?
Frontier Business Systems has a workforce of 546 employees as of Mar 30, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Frontier Business 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 Frontier Business Systems's trajectory.
Rating
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
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.
