About Folly Systems Private Limited
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Folly Systems Private Limited is a private limited company based in Vadodara, Gujarat, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 01 February 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74140GJ2016PTC085910.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹25 Lakh. It is led by directors Nishith Arunkumar Shah and Deepa Nishith Shah.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 04 First Floor Kothi Pole Raopura Vadodara, Gujarat, India – 390001.
As per the financials filed for FY 2022, the company reported a revenue of ₹92,734. For the same year it recorded a net loss of ₹2.64 Cr and EBITDA of -₹2.41 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website folly.systems.
Company details
Contact details
Folly Systems Private Limited's registered office is in Vadodara, Gujarat. Its website is folly.systems. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address04 First Floor Kothi Pole Raopura Vadodara, Gujarat, India – 390001
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Folly Systems Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Folly Systems is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
Financials of Folly Systems Private Limited
FY 2025 filings availableFolly Systems Private Limited reported revenue of ₹92,734 for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profit and Loss Statement | |||||
| Revenue from Operations | ₹92,734 | ||||
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| EBITDA | -₹2.41 Cr | ||||
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| Net Profit (PAT) | -₹2.64 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Folly Systems Private Limited, buy the company report.
Board of directors of Folly Systems Private Limited
Folly Systems has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Nishith Arunkumar Shah Also directs: True Sparrow Systems Private Limited | Director | 01 Feb 2016 | 10 Years 8 Months | Current |
| Deepa Nishith Shah | Director | 01 Feb 2016 | 10 Years 8 Months | Current |
Auditor
Folly Systems Private Limited is audited by ALPA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ALPA & ASSOCIATES | FY 2021 | 120290W |
Shareholding
The shareholding of Folly Systems Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Folly Systems Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Folly Systems Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Folly Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Folly Systems Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Folly Systems Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Deepa Nishith Shah was appointed as Director on 01 Feb 2016.
Frequently asked questions
Folly Systems is an active private limited company based in Vadodara, Gujarat, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 01 February 2016 (10+ years old) and is registered under CIN U74140GJ2016PTC085910.
Folly Systems has 2 current directors:
- Nishith Arunkumar Shah - Director
- Deepa Nishith Shah - Director
The latest financial statements of Folly Systems on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The CIN (Corporate Identification Number) of Folly Systems is U74140GJ2016PTC085910. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Folly Systems was incorporated on 01 February 2016, making it 10+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Deepa Nishith Shah was appointed as Director on 01 Feb 2016. Nishith Arunkumar Shah was appointed as Director on 01 Feb 2016.
Folly Systems can be reached through the website folly.systems. Its registered office is in Vadodara, Gujarat, India.
The registered office of Folly Systems is at 04 First Floor Kothi Pole Raopura Vadodara, Gujarat, India – 390001.
Folly Systems operates in the information technology industry, in the application development and software solutions segment.
The compliance status of Folly Systems is compliant as of 16 July 2026. The company is actively filing with the Registrar of Companies.