About Formac Software Services Private Limited
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Formac Software Services Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 01 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2013PTC069905. Its GSTIN is 29AACCF2406J1ZQ (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jaleshwer Singh and Santosh Mishra Kumar.
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 Ground Floor No. 7/2 Maruthi Emerald Graphite India Main Road, Bengaluru, Karnataka, India – 560037.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.76 Cr, a decline of 19% compared to the previous year. For the same year it recorded a net loss of ₹79.2 Lakh (net margin -45.1%) and EBITDA of ₹15.18 Lakh (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 13% over five years.
The company has about 3 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: EPracto and EYardstick.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website formaccorp.com.
Company details
Contact details
Formac Software Services Private Limited's registered office is in Bengaluru, Karnataka. Its website is formaccorp.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressGround Floor No. 7/2 Maruthi Emerald Graphite India Main Road, Bengaluru, Karnataka, India – 560037
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Formac Software Services 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
Brands
Formac Software Services operates two associated brands: EPracto and EYardstick. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers skill enhancement software tailored for educational institutions to improve learning outcomes. | epracto.com | |
| Provides an online platform for recruitment and assessment of hires. | eyardstick.com |
Business activity
The main business activity of Formac Software Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Formac Software Services Private Limited, buy the company report.
Financials of Formac Software Services Private Limited
FY 2025 filings availableFormac Software Services Private Limited reported revenue of ₹1.76 Cr (down 19% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 61% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
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| EBITDA | ₹15.18 Lakh | ||||
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| Net Profit (PAT) | -₹79.2 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | -45.1% | ||||
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To see the full financial statements and ratios of Formac Software Services Private Limited, buy the company report.
Board of directors of Formac Software Services Private Limited
Formac Software Services has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaleshwer Singh | Director | 14 Jun 2022 | 4 Years 4 Months | Current |
| Santosh Mishra Kumar | Director | 25 Mar 2022 | 4 Years 7 Months | Current |
| Archana Mishra | Director | 25 Mar 2022 | 4 Years 7 Months | Current |
Auditor
Formac Software Services Private Limited is audited by RAM RAJ & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAM RAJ & CO | FY 2019 | 002839S |
Shareholding
The shareholding of Formac Software Services Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Formac Software Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Formac Software Services 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 Formac Software Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Formac Software Services Private Limited has a workforce of 3 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Formac Software Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCF2406J1ZQ | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Formac Software Services Private Limited, buy the company report.
Recent activity
Formac Software Services Private Limited has 6 board changes on record since 2022: 3 appointments and 3 cessations. The latest: Greeshma Nagireddygari ceased to be Director on 30 Jun 2022.
Frequently asked questions
Formac Software Services is an active private limited company based in Bengaluru, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 01 July 2013 (13+ years old) and is registered under CIN U72200KA2013PTC069905.
Formac Software Services has 3 current directors:
- Jaleshwer Singh - Director
- Santosh Mishra Kumar - Director
- Archana Mishra - Director
The latest financial statements of Formac Software Services 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 2015 are in the company report.
The GSTIN of Formac Software Services is 29AACCF2406J1ZQ, registered in Karnataka.
The CIN (Corporate Identification Number) of Formac Software Services is U72200KA2013PTC069905. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Formac Software Services was incorporated on 01 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Bangalore.
Greeshma Nagireddygari ceased to be Director on 30 Jun 2022. Jaleshwer Singh was appointed as Director on 14 Jun 2022. Venkata Chandra Sekhar Duvvuri ceased to be Director on 28 Mar 2022. Formac Software Services has 6 board changes on record in total.
Formac Software Services can be reached through the website formaccorp.com. Its registered office is in Bengaluru, Karnataka, India.
The registered office of Formac Software Services is at Ground Floor No. 72 Maruthi Emerald Graphite India Main Road, Bengaluru, Karnataka, India – 560037.
Formac Software Services operates in the information technology industry, in the application development and software solutions segment.