About Fremont IT Solutions Private Limited
Data last updated:
Fremont IT Solutions Private Limited was a private limited company based in Vuyyuru, Andhra Pradesh, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the equipment leasing and financing segment of the financial services sector. It was incorporated on 23 November 2015.
The company was registered with the Registrar of Companies (ROC), Vijayawada, under CIN U72300AP2015PTC097775. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹2.28 Cr. It was led by directors Bharath Kumar Thallapaneni and Surapaneni Srinivasa Kumar.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at H. No. 7 – 301 Sai Durga Towers Thotlavallur Road, Vuyyuru, Andhra Pradesh, India – 521165.
As per the financials filed for FY 2017, the company reported a revenue of ₹1.04 Cr. For the same year it recorded a net loss of ₹1.18 Cr (net margin -113.6%) and EBITDA of -₹80.43 Lakh (EBITDA margin -77.5%).
The company had about 17 employees on its provident fund (EPFO) records before it was struck off.
The company was associated with 1 brand: OpenTruck.
The last known website on record is fremontit.in.
Company details
Contact details
Fremont IT Solutions Private Limited's registered office is in Vuyyuru, Andhra Pradesh. Its website is fremontit.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressH. No. 7 – 301 Sai Durga Towers Thotlavallur Road, Vuyyuru, Andhra Pradesh, India – 521165
- IndustryFinancial Services, Equipment Leasing & Financing
To see the full contact details of Fremont IT Solutions 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
Fremont IT Solutions operates one associated brand: OpenTruck. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Hosts a digital marketplace for trucking services. | opentruck.in |
Financials of Fremont IT Solutions Private Limited
FY 2017 filings availableFremont IT Solutions Private Limited reported revenue of ₹1.04 Cr for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹1.04 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹80.43 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹1.18 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 | ||
| Inventories | ||
| Trade Receivables | ||
| Cash and Bank Balance | ||
| Total Assets | ||
Financial Ratios
| Metrics | FY 2016-17 | FY 2015-16 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -77.5% | |
| Net Profit Margin | -113.6% | |
| 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 | ||
To see the full financial statements and ratios of Fremont IT Solutions Private Limited, buy the company report.
Board of directors of Fremont IT Solutions Private Limited
Fremont IT Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bharath Kumar Thallapaneni Also directs: Purofarm Organics Private Limited, Weberindia Infra Power (OPC) Private Limited, Folloc Technologies Private Limited and 1 more | Director | 23 Nov 2015 | 10 Years 11 Months | As last reported |
| Surapaneni Srinivasa Kumar | Director | 23 Nov 2015 | 10 Years 11 Months | As last reported |
Peer comparison
Fremont IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the BFSI industry (Machinery and Equipment Leasing), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| GVN Finance and Leasing Pvt Ltd, | ₹1.07 Cr (FY 2024) | 750.0% | Hyderabad, Telangana, India | |||
| Broadcast Consultancy Services (India) Private Limited | ₹1.06 Cr (FY 2025) | 36.0% | Andheri (W) Mumbai, Maharashtra, India | |||
| Perennial Utility Equipments Private Limited | ₹1.06 Cr (FY 2024) | 4893.0% | Pune, Maharashtra, India | |||
| Camazon Travel and Photography Private Limited | ₹1.05 Cr (FY 2025) | -6.0% | Bengaluru, Karnataka, India | |||
| Kruger & Brentt Securitas Private Limited | ₹1.04 Cr (FY 2025) | 2.0% | New Delhi, Delhi, India | |||
| Fremont IT Solutions Private Limitedthis company | ₹1.04 Cr (FY 2017) | -₹1.18 Cr | -113.6% | 17 | Vuyyuru, Andhra Pradesh, India | |
| Rchan Tools Private Limited | ₹1.03 Cr (FY 2025) | 0.0% | Chennai, Tamil Nadu, India | |||
| V2m Equipments India Private Limited | ₹1.03 Cr (FY 2025) | 80.0% | Delhi, India | |||
| Ace Testing Solutions Private Limited | ₹1.03 Cr (FY 2025) | 39.0% | Nalagarh, Himachal Pradesh, India | |||
| Orionspica IT Solutions Private Limited | ₹1.03 Cr (FY 2022) | -38.0% | Mumbai, Maharashtra, India | |||
| MGX Infra India Private Limited | ₹1.02 Cr (FY 2024) | Lucknow, Uttar Pradesh, India |
To see the full peer comparison of Fremont IT Solutions Private Limited, buy the company report.
Auditor
Fremont IT Solutions Private Limited is audited by CHINNI PERUMALLA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHINNI PERUMALLA & ASSOCIATES | FY 2017 | 012135S |
Shareholding
The shareholding of Fremont IT Solutions Private Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Fremont IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Fremont IT Solutions 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 Fremont IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Fremont IT Solutions Private Limited has a workforce of 17 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Fremont IT Solutions has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Fremont IT Solutions Private Limited, buy the company report.
Recent activity
Fremont IT Solutions Private Limited has 3 board changes on record since 2015: 2 appointments and 1 cessation. The latest: Suresh Babu Sadineni ceased to be Director on 27 Jan 2021.
Frequently asked questions
Fremont IT Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Fremont IT Solutions was a private limited company based in Vuyyuru, Andhra Pradesh, India. The company worked in equipment leasing and financing, within the financial services industry. It was incorporated on 23 November 2015 and is registered under CIN U72300AP2015PTC097775. The company has been struck off by the Registrar of Companies and is no longer operational.
Fremont IT Solutions had 2 directors:
- Bharath Kumar Thallapaneni - Director
- Surapaneni Srinivasa Kumar - Director
The CIN (Corporate Identification Number) of Fremont IT Solutions is U72300AP2015PTC097775. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Fremont IT Solutions is at H. No. 7 – 301 Sai Durga Towers Thotlavallur Road, Vuyyuru, Andhra Pradesh, India – 521165.
Fremont IT Solutions was incorporated on 23 November 2015. It is registered with the Registrar of Companies, Vijayawada.
Fremont IT Solutions can be reached through the website fremontit.in. Its registered office is in Vuyyuru, Andhra Pradesh, India.
The latest financial statements of Fremont IT Solutions on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from FY 2016 are in the company report.
No. Fremont IT Solutions has 2 GST registrations on record and all of them are cancelled or inactive.
Fremont IT Solutions operated in the financial services industry, in the equipment leasing and financing segment. It worked in this industry before it was struck off.
The peers of Fremont IT Solutions by revenue are GVN Finance and Leasing Pvt Ltd,, Broadcast Consultancy Services (India) Private Limited, Perennial Utility Equipments Private Limited, Camazon Travel and Photography Private Limited, Kruger & Brentt Securitas Private Limited and 5 more, all in the BFSI industry (Machinery and Equipment Leasing).