Futurexact Ventures Private Limited

IT company collaborating with Indian and foreign enterprises, investing in new hardware and software products.

2006 | Bangaluru, Karnataka (India) | Active
Last Updated: December 10, 2024

Futurexact Ventures Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 18 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.25 Cr
  • Satisfied Charges ₹ 2.65 Cr
  • Revenue Growth -98.28%
  • Profit Growth -105.26%
  • Ebitda -100.59%
  • Net Worth -3.71%
  • Total Assets -1.75%

About Futurexact Ventures

Futurexact Ventures Private Limited (FVPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 April 2006 and has a history of 18 years and nine months. Its registered office is in Bangaluru, Karnataka, India.

The Corporate was formerly known as R S Partners 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 2023. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 1.50 M.

The company currently has active open charges totaling ₹10.25 Cr. The company has closed loans amounting to ₹2.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sampath Hulikal and Ramachandra Shanbhag serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2006PTC038982

  • Company No.

    038982

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 Apr 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Futurexact Ventures?

Board Members (2)

Name Designation Appointment Date Status
Sampath Hulikal Country flag representing In Director 14-Jul-2006 Current
Ramachandra Shanbhag Country flag representing In Director 14-Jul-2006 Current

Financial Performance of Futurexact Ventures.

Futurexact Ventures Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 98.28% decrease. The company also saw a substantial fall in profitability, with a 105.26% decrease in profit. The company's net worth dipped by a decrease of 3.71%.

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
-98.28%
Revenue from Operations
-100.00%
Total Assets
-1.75%
Profit or Loss
-105.26%
Net Worth
-3.71%
EBITDA
-100.59%

What is the Ownership and Shareholding Structure of Futurexact Ventures?

Unlock access to Futurexact Ventures'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

₹102.50 M

Satisfied Charges

₹26.50 M

Charges Breakdown by Lending Institutions

  • Others : 10.25 Cr

Latest Charge Details

Date Lender Amount Status
20 May 2019 Others ₹10.25 Cr Open
20 May 2019 Others ₹1.74 Cr Satisfied
04 Sep 2017 Others ₹9.10 M Satisfied

How Many Employees Work at Futurexact Ventures?

Unlock and access historical data on people associated with Futurexact Ventures, 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 Futurexact Ventures, 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 Futurexact Ventures'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 Futurexact Ventures

Recent activity within the organization

  • Annual General Meeting

    Futurexact Ventures Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Futurexact Ventures Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge registered on 20 May 2019 via Charge ID 100265352 with Others was fully satisfied on 08 Mar 2023.

    08 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 102.50 M with Charge ID 100265350 was registered on 20 May 2019.

    20 May 2019

  • Charges

    A charge with Others amounted to Rs. 17.40 M with Charge ID 100265352 was registered on 20 May 2019.

    20 May 2019

  • Charges

    A charge registered on 04 Sep 2017 via Charge ID 100120726 with Others was fully satisfied on 15 Apr 2019.

    15 Apr 2019

Recent News, Updates & Announcement

Frequently asked questions

  • Futurexact Ventures Private Limited was incorporated on 12 Apr 2006.

  • The authorized share capital of Futurexact Ventures Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.50 M.

  • Currently 2 directors are associated with Futurexact Ventures Private Limited.

    • Sampath Kumar Ramaswamy Iyengar Hulikal
    • Ramachandra Sridhar Shanbhag
  • As per Ministry of Corporate Affairs (Mca), the registered address of Futurexact Ventures Private Limited is 66 4Th Cross Kaveri Layout Tavarekere Mainroad Opposite Oracle Lexington, Koramangala India, Bangalore, Karnataka, 560029.

  • The corporate identification number (CIN) of Futurexact Ventures Private Limited is U72900KA2006PTC038982 and the company number is 038982 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Futurexact Ventures Private Limited is https://www.valuepointsystems.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Futurexact Ventures Private Limited has fallen by -98.28%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Futurexact Ventures Private Limited has experienced an downturn of -3.71%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Futurexact Ventures Private Limited amount to ₹ 10.25 Cr.

  • The most recent Balance Sheet for Futurexact Ventures Private Limited was filed with the ROC on 31 Mar 2023.

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