About Framsikt Technologies Private Limited
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Framsikt Technologies Private Limited is a private limited company based in Bengaluru, Karnataka, India, a subsidiary of Framsikt As. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 04 July 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72901KA2016PTC094684. Its GSTIN is 29AACCF8612Q1Z0 (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 Halvor Walla and Rajesh Vellore Ethiraj.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Suite 002 Farah Greens No. 10 Eagles Street Langford Town, Bengaluru, Karnataka, India – 560025.
As per the financials filed for FY 2024, the company reported a revenue of ₹13.44 Cr, a growth of 42% compared to the previous year. For the same year it recorded a net profit of ₹1.11 Cr (net margin 8.3%) and EBITDA of ₹1.66 Cr (EBITDA margin 12.3%). Revenue has grown at a compounded annual rate (CAGR) of 41% over three years and 30% over five years.
The company has about 35 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website framsikt-technologies-pvt-ltd.business.site.
- EmailLocked
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- Social Media
- Registered AddressSuite 002 Farah Greens No. 10 Eagles Street Langford Town, Bengaluru, Karnataka, India – 560025
- IndustryInformation Technology, Software Development & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Framsikt Technologies Private Limited
The main business activity of Framsikt Technologies is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Framsikt Technologies Private Limited FY 2024 filings available
Framsikt Technologies Private Limited reported revenue of ₹13.44 Cr (up 42% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Framsikt Technologies Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 30% over five years, including 42% growth in the latest year. EBITDA rose 33% 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 of Framsikt Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.66 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.11 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Framsikt Technologies Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Framsikt Technologies are in the company report.
Financial statements from FY 2017
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Framsikt Technologies Private Limited
Framsikt Technologies Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Software Services). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Liveramp India Private Limited | ₹13.49 Cr (FY 2025) | •••• | •••• | 185.0% | •••• | Delhi, India |
| CRS Global Services Private Limited | ₹13.48 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | New Delhi, Delhi, India |
| Vegh Supply Chain Solutions Private Limited | ₹13.47 Cr (FY 2025) | •••• | •••• | 59.0% | •••• | Kalyan, Maharashtra, India |
| Backflipt Software Services Private Limited | ₹13.45 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | Hyderabad, Telangana, India |
| Avanseus Technologies Private Limited | ₹13.44 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Bangalore North, Karnataka, India |
| Framsikt Technologies Private Limited this company | ₹13.44 Cr (FY 2024) | •••• | •••• | 42.0% | •••• | Bengaluru, Karnataka, India |
| Ikure Techsoft Private Limited | ₹13.41 Cr (FY 2023) | •••• | •••• | 5.0% | •••• | Midnapore, West Bengal, India |
| Foxit Bharat Private Limited | ₹13.38 Cr (FY 2024) | •••• | •••• | 52.0% | •••• | Noida, Uttar Pradesh, India |
| Algoshack Technologies Private Limited | ₹13.35 Cr (FY 2024) | •••• | •••• | 4.0% | •••• | Bangalore, Karnataka, India |
| Supremology Software Services Private Limited | ₹13.34 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Bangalore, Karnataka, India |
| Bosscoder Software Services Private Limited | ₹13.3 Cr (FY 2024) | •••• | •••• | 182.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Framsikt Technologies by revenue in the Information Technology industry (Software Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Framsikt Technologies Private Limited
Framsikt Technologies Private Limited is audited by Y V S VINOD & ASSOCIATES for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Y V S VINOD & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Framsikt Technologies Private Limited
Framsikt Technologies has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Halvor Walla | Director | 12 Jun 2017 | 9 Years 3 Months | Current |
| Rajesh Vellore Ethiraj | Director | 04 Jul 2016 | 10 Years 3 Months | Current |
| Avinash Kudpaje Shivappa | Director | 04 Jul 2016 | 10 Years 3 Months | Current |
Ownership and Shareholding of Framsikt Technologies Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Framsikt Technologies Private Limited
Framsikt Technologies Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Framsikt Technologies Private Limited
Framsikt Technologies Private Limited has a workforce of 35 employees as of Mar 27, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Framsikt Technologies Private Limited
Framsikt Technologies Private Limited has 4 board changes on record since 2016: 3 appointments and 1 cessation. The latest: Halvor Walla ceased to be Additional Director on 29 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Framsikt Technologies Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Framsikt Technologies Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Framsikt Technologies Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Framsikt Technologies Private Limited
Framsikt Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCF8612Q1Z0 | Karnataka | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Framsikt Technologies Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Framsikt Technologies Private Limited
Framsikt Technologies is an active private limited company based in Bengaluru, Karnataka, India. The company works in software development and support services, within the information technology industry. It was incorporated on 04 July 2016 (10+ years old) and is registered under CIN U72901KA2016PTC094684.
Framsikt Technologies reported revenue of ₹13.44 Cr for FY 2024 (up 42% YoY).
Framsikt Technologies has 3 current directors:
- Halvor Walla - Director
- Rajesh Vellore Ethiraj - Director
- Avinash Kudpaje Shivappa - Director
Framsikt Technologies reported a net profit of ₹1.11 Cr (net margin 8.3%) and EBITDA of ₹1.66 Cr (EBITDA margin 12.3%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Framsikt Technologies is 41% over three years and 30% over five years. In the latest year (FY 2024) revenue rose 42%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Framsikt Technologies is 29AACCF8612Q1Z0, registered in Karnataka.
The CIN (Corporate Identification Number) of Framsikt Technologies is U72901KA2016PTC094684. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Framsikt Technologies was incorporated on 04 July 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Framsikt Technologies by revenue are Liveramp India Private Limited, CRS Global Services Private Limited, Vegh Supply Chain Solutions Private Limited, Backflipt Software Services Private Limited, Avanseus Technologies Private Limited and 5 more, all in the Information Technology industry (Software Services).
Halvor Walla ceased to be Additional Director on 29 Sep 2017. Halvor Walla was appointed as Director on 12 Jun 2017. Avinash Kudpaje Shivappa was appointed as Director on 04 Jul 2016. Framsikt Technologies has 4 board changes on record in total.
Framsikt Technologies can be reached through the website framsikt-technologies-pvt-ltd.business.site. Its registered office is in Bengaluru, Karnataka, India.