Formidium India Profile
Key Indicators
- Authorised Capital ₹ 0.15 M
- Paid Up Capital ₹ 0.15 M
- Company Age 3 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.34 Cr
- Satisfied Charges ₹ 4.00 Cr
- Revenue Growth 294.25%
- Profit Growth -1854.40%
- Ebitda -204.69%
- Net Worth -1682.56%
- Total Assets 4.87%
About Formidium India
Formidium India Private Limited (FIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 28 December 2021 (Three years and one month 6 days old ). Its registered office is in Jaipur, Rajasthan, India.
The Corporate was formerly known as Sudrania Software Private Limited. The Company is engaged in the Business Outsourcing 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 0.15 M and a paid-up capital of Rs 0.15 M.
The company currently has active open charges totaling ₹1.34 Cr. The company has closed loans amounting to ₹4.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nitin Somani, Mandar Mhatre, Manish Agrawal, and Two other members serve as directors at the Company.
Company Details
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Location
Jaipur, Rajasthan, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U72900RJ2021PTC078883
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Company No.
078883
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
28 Dec 2021
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Date of AGM
11 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Jaipur
Industry
Who are the key members and board of directors at Formidium India?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nitin Somani
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Director | 28-Dec-2021 | Current |
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Mandar Mhatre
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Director | 29-Aug-2024 | Current |
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Manish Agrawal
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Director | 28-Dec-2021 | Current |
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Manish Sudrania
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Director | 28-Dec-2021 | Current |
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Silky Mittal
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Director | 27-Aug-2024 | Current |
Financial Performance of Formidium India.
Formidium India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 294.25% increase. The company also saw a substantial fall in profitability, with a 1854.4% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1682.56%.
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What is the Ownership and Shareholding Structure of Formidium India?
In 2023, Formidium India 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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R, A. Podar College Of Commerce & Economics Alumni AssociationMandar Mhatre is a mutual person
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Formidium Ifsc Private LimitedNitin Somani, Manish Agrawal and 1 more are mutual person
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Formidium Altfund Services (India) Private Limited
Nitin Somani, Mandar Mhatre and 3 more are mutual person
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Outspread Wings Foundation
Silky Mittal is a mutual person
Charges (Loans)
₹13.40 M
₹40.00 M
Charges Breakdown by Lending Institutions
- Others : 1.34 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Dec 2023 | Others | ₹4.40 M | Open |
| 14 Sep 2023 | Others | ₹1.80 M | Open |
| 25 Aug 2023 | Others | ₹1.40 M | Open |
| 31 Jul 2023 | Others | ₹2.40 M | Open |
| 23 Jun 2023 | Others | ₹1.50 M | Open |
How Many Employees Work at Formidium India?
Formidium India has a workforce of 757 employees as of Apr 08, 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 Formidium 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 Formidium India'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.
