Blackline Systems Development & Services Private Limited - Company Profile

It is a information technology private limited company based in Bangalore South, Karnataka, India, established in 2019.

2019 Bangalore South, Karnataka, India Active

Last Updated: December 20, 2025

About Blackline Systems Development & Services Private Limited

Blackline Systems Development & Services Private Limited, a active private limited company, was established on 01 October 2019 in Bangalore South, Karnataka, India. Engaging in application development & software solutions within the information and communication sector, it holds CIN: U72900KA2019PTC128408. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.10 M.

Formerly known as Fourq Business Support Services India Private Limited. Employing 123 professional, Its leadership includes Raghu Dwarakanath (Director), Patrick Douglas Villanova (Director), Jeremy Jon Ung (Director). Past directors included Raghu Dwarakanath, Harish Kumar, Varun Tejpal. Its latest AGM occurred on 04 September 2025, with the balance sheet filed on 31 March 2025. It is based at Level 7, Building 2, Cosmos Block, Prestige Tech Park 4, Survey Nos 143/2,144/1,144/2,146/1,146/2,147/1,147/2,147/3,147/4,147/5,147/6,, Amane ,Bellandur Khane Village,Varthur Hobli, Bangalore East Taluk, Bangalore South, Karnataka, 560103.

Company Details

CIN/LLPIN
U72900KA2019PTC128408
Registration Number
128408
Incorporation Date
01 October 2019
Authorized Capital
₹1.00 M
Paid-Up Capital
₹0.10 M
ROC Code
Roc Bangalore
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.00 M as on 20-12-2025
Paid Up Capital ₹ 0.10 M as on 20-12-2025
Company Age 6 Year, 4 Months
Last Filing with ROC 31 Mar 2025
Revenue Growth **** 253.47% (FY 2023)
Profit Growth **** 412.78% (FY 2023)
Ebitda **** 381.57% (FY 2023)
Net Worth 326.94% (FY 2023)
Total Assets **** 465.16% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Blackline Systems Development & Services Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Blackline Systems Development & Services Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Raghu Dwarakanath	Director	05 Aug 2022	Current
Patrick Douglas Villanova	Director	08 Mar 2023	Current
Jeremy Jon Ung	Director	29 Aug 2024	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	30 Sep 2022	Past
Pramod Abcsdd	Additional Director	30 Sep 2022	Past
Pramod Abcsdd	Additional Director	08 Aug 2022	Past
Pramod Abcsdd	Additional Director	25 Sep 2023	Past
Pramod Abcsdd	Additional Director	30 Jun 2023	Past
Pramod Abcsdd	Director	28 Mar 2022	Past

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Financial Performance of Blackline Systems Development & Services.

Blackline Systems Development & Services Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 253.47% increase. The company also saw a substantial improvement in profitability, with a 412.78% increase in profit. The company's net worth Soared by an impressive increase of 326.94%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

253.47%

*******

Revenue from Operations

*******

253.47%

*******

Total Assets

*******

465.16%

*******

Profit or Loss

*******

412.78%

*******

Net Worth

*******

326.94%

*******

EBITDA

*******

381.57%

*******

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What is the Ownership and Shareholding Structure of Blackline Systems Development & Services?

In 2023, Blackline Systems Development & Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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How Many Employees Work at Blackline Systems Development & Services?

Blackline Systems Development & Services has a workforce of 123 employees as of Apr 09, 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.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Blackline Systems Development & Services, 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 Blackline Systems Development & Services's trajectory.

Rating

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Alerts

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Latest Updates, News, and FAQs on Blackline Systems Development & Services

Recent Activity within the Organization

Annual General Meeting

Progress on Blackline Systems Development & Services Private Limited last Annual general meeting of members was held on 04 Sep 2025 as per latest MCA records. was documented.
04 Sep 2025
Balance Sheet

Progress on Blackline Systems Development & Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was documented.
31 Mar 2025
Director Appointment

Jeremy Jon Ung was appointed as a Director was appointed as a Director on 29 Aug 2024 & has been associated with this company since 1 year 5 months . was recorded as a recent event.
29 Aug 2024
Director Appointment

Progress on Patrick Douglas Villanova was appointed as a Director was appointed as a Director on 08 Mar 2023 & has been associated with this company since 2 years 11 months . was documented.
08 Mar 2023
Director Appointment

Raghu Dwarakanath was appointed as a Director was appointed as a Director on 05 Aug 2022 & has been associated with this company since 3 years 6 months . was recorded as a recent event.
05 Aug 2022
Company Incorporation

The activity Blackline Systems Development & Services Private Limited was registered on 01 Oct 2019 with Roc Bangalore & aged 6 years 4 months as per MCA records. was completed.
01 Oct 2019

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