Futurenet Technologies (India) Private Limited

IT consulting and services for system integration, implementation, and management.

1996 | Chennai, Tamil Nadu (India) | Active
Last Updated: July 06, 2024

Futurenet Technologies (India) Profile

Key Indicators

  • Authorised Capital ₹ 2.00 M
  • Paid Up Capital ₹ 1.86 M
  • Company Age 28 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.60 Cr
  • Satisfied Charges ₹ 6.50 M
  • Revenue Growth 36.78%
  • Profit Growth -53.99%
  • Ebitda -39.95%
  • Net Worth 14.33%
  • Total Assets -23.78%

About Futurenet Technologies (India)

Futurenet Technologies (India) Private Limited (FTIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 July 1996 and has a history of 28 years and six months. Its registered office is in Chennai, 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 2023. It's a company limited by shares with an authorized capital of Rs 2.00 M and a paid-up capital of Rs 1.86 M.

The company currently has active open charges totaling ₹2.60 Cr. The company has closed loans amounting to ₹6.50 M, as per Ministry of Corporate Affairs (MCA) records.

Harini Ashok, Raja Ashok, and Lakshmi Ashok serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U30006TN1996PTC036184

  • Company No.

    036184

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Jul 1996

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Information Technology

What products or services does Futurenet Technologies (India) Private Limited offer?

Futurenet Technologies (India) Private Limited offers a wide range of products and services, including Intelligence and Spying Devices, Spy Surveillance Equipment.

Who are the key members and board of directors at Futurenet Technologies (India)?

Executive Team (1)

Name Designation Appointment Date Status
Lakshmi Ashok Country flag representing In Managing Director 26-Jul-1996 Current

Board Members (2)

Name Designation Appointment Date Status
Harini Ashok Country flag representing In Director 22-Feb-2021 Current
Raja Ashok Country flag representing In Director 12-Apr-2001 Current

Financial Performance of Futurenet Technologies (India).

Futurenet Technologies (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 36.78% increase. The company also saw a substantial fall in profitability, with a 53.99% decrease in profit. The company's net worth Soared by an impressive increase of 14.33%.

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
36.78%
Revenue from Operations
38.50%
Total Assets
-23.78%
Profit or Loss
-53.99%
Net Worth
14.33%
EBITDA
-39.95%

What is the Ownership and Shareholding Structure of Futurenet Technologies (India)?

In 2023, Futurenet Technologies (India) had a promoter holding of 100.00%. The company had 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹26.00 M

Satisfied Charges

₹6.50 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 2.60 Cr

Latest Charge Details

Date Lender Amount Status
11 Nov 2013 Canara Bank ₹2.60 Cr Open
06 Jan 2012 Allahabad Bank ₹4.00 M Satisfied
29 Oct 2003 Allahabad Bank ₹2.50 M Satisfied

How Many Employees Work at Futurenet Technologies (India)?

Futurenet Technologies (India) has a workforce of 85 employees as of Mar 31, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Futurenet Technologies (India), 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 Futurenet Technologies (India)'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 Futurenet Technologies (India)

Recent activity within the organization

  • Annual General Meeting

    Futurenet Technologies (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Canara Bank of Rs. 26.00 M registered on 11 Nov 2013 with Charge ID 10462931 was modified on 20 Sep 2023.

    20 Sep 2023

  • Balance Sheet

    Futurenet Technologies (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Harini Ashok was appointed as a Director was appointed as a Director on 22 Feb 2021 & has been associated with this company since 3 years 11 months .

    22 Feb 2021

  • Charges

    A charge registered on 06 Jan 2012 via Charge ID 10334948 with Allahabad Bank was fully satisfied on 29 Jan 2014.

    29 Jan 2014

  • Charges

    A charge registered on 29 Oct 2003 via Charge ID 80025319 with Allahabad Bank was fully satisfied on 29 Jan 2014.

    29 Jan 2014

Recent News, Updates & Announcement

Frequently asked questions

  • Futurenet Technologies (India) Private Limited was incorporated on 26 Jul 1996.

  • The authorized share capital of Futurenet Technologies (India) Private Limited is ₹ 2.00 M and paid-up capital is ₹ 1.86 M.

  • Currently 3 directors are associated with Futurenet Technologies (India) Private Limited.

    • Harini Ashok
    • Raja Lakshmi Ashok
    • Lakshmi Chandran Ashok
  • As per Ministry of Corporate Affairs (Mca), the registered address of Futurenet Technologies (India) Private Limited is No.37Singaravelan Nagar 1St Street Maduravoyal, Chennai, Tamil Nadu, India, 600095.

  • The corporate identification number (CIN) of Futurenet Technologies (India) Private Limited is U30006TN1996PTC036184 and the company number is 036184 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Futurenet Technologies (India) Private Limited is https://www.futurenet.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Futurenet Technologies (India) Private Limited has risen by 36.78%.

  • As Per 2023 financial reports, 85 employees are currently employed by Futurenet Technologies (India) Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Futurenet Technologies (India) Private Limited has experienced an upsurge of 14.33%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Futurenet Technologies (India) Private Limited amount to ₹ 2.60 Cr.

  • The most recent Balance Sheet for Futurenet Technologies (India) Private Limited was filed with the ROC on 31 Mar 2023.