Fairmont Technologies Private Limited
About Fairmont Technologies Private Limited
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Fairmont Technologies Private Limited is a private limited company based in Mangalore, Karnataka, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 07 July 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC081442. Its GSTIN is 29AACCF6177A1ZP (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.17 Lakh. It is led by directors Karan Thakral and Srinivasan Narayan Narayan.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mangalore, Karnataka.
As per the financials filed for FY 2021, the company reported a revenue of ₹16.08 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net profit of ₹5.48 Lakh (net margin 34.1%) and EBITDA of ₹5.48 Lakh (EBITDA margin 34.1%). Revenue has grown at a compounded annual rate (CAGR) of 169% over three years.
The company is associated with 1 brand: Cohortplus. The company has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹74 Lakh; the latest was in February 2020. Its 9 peer companies in the same principal business activity (computer programming, consultancy and related activities) are compared by revenue, 4 larger and 5 smaller; the largest is Akinzin Private Limited with revenue of ₹16.08 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Fairmont Technologies Private Limited's registered office is in Mangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAnugraha Matadakani 1st Cross Jarandaya Temple Road Behind Urva Marke, T, Mangalore, Karnataka, India – 575006
- IndustryInformation Technology, Application Development & Software Solutions
To see the full contact details of Fairmont Technologies 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
Fairmont Technologies operates one associated brand: Cohortplus. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A mobile app designed for professional networking and connections. | cohortplus.com |
Business activity
The main business activity of Fairmont Technologies 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 |
To see the full business activity and turnover split of Fairmont Technologies Private Limited, buy the company report.
Financials of Fairmont Technologies Private Limited
FY 2021 filings availableFairmont Technologies Private Limited reported revenue of ₹16.08 Lakh (down 71% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue fell 71% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 169%. EBITDA rose 105% 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
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹5.48 Lakh | ||||
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| Net Profit (PAT) | ₹5.48 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | 34.1% | ||||
| Net Profit Margin | 34.1% | ||||
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To see the full financial statements and ratios of Fairmont Technologies Private Limited, buy the company report.
Board of directors of Fairmont Technologies Private Limited
Fairmont Technologies has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Karan Thakral | Director | 25 Nov 2015 | 10 Years 11 Months | Current |
| Srinivasan Narayan Narayan Also directs: Srirankarayan India LLP, Jagannath Innovations LLP, Chakadola Technologies Private Limited and 1 more | Director | 07 Jul 2015 | 11 Years 4 Months | Current |
Peer comparison
Fairmont Technologies Private Limited is compared with the 9 companies closest to it by revenue in the same principal business activity (computer programming, consultancy and related activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Akinzin Private Limited | ₹16.08 Lakh (FY 2023) | 17.0% | Mira Road, Maharashtra, India | |||
| Concentics Private Limited | ₹16.08 Lakh (FY 2025) | 225.0% | Ajmer, Rajasthan, India | |||
| Wishbox Consultants Private Limited | ₹16.08 Lakh (FY 2019) | 186.0% | Vijayawada, Andhra Pradesh, India | |||
| Dsapone Software Private Limited | ₹16.08 Lakh (FY 2021) | 2082.0% | Hyderabad, Telangana, India | |||
| Fairmont Technologies Private Limitedthis company | ₹16.08 Lakh (FY 2021) | ₹5.48 Lakh | 34.1% | -71.0% | Mangalore, Karnataka, India | |
| Again Studios Private Limited | ₹16.07 Lakh (FY 2016) | 59.0% | Panchkula, Haryana, India | |||
| Viva Computer Systems Pvt Ltd | ₹16.07 Lakh (FY 2024) | 36.0% | Chandigarh, India | |||
| K5 Data Solutions Private Limited | ₹16.07 Lakh (FY 2018) | -60.0% | Bagnalore, Karnataka, India | |||
| Cyberdune Technologies Private Limited | ₹16.06 Lakh (FY 2025) | -41.0% | Mumbai, Maharashtra, India | |||
| Sarthaa Infotech Private Limited | ₹16.06 Lakh (FY 2023) | -8.0% | Naigaon, Maharashtra, India |
To see the full peer comparison of Fairmont Technologies Private Limited, buy the company report.
Shareholding
The shareholding of Fairmont Technologies Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Fairmont Technologies Private Limited, buy the company report.
Deals & funding
Fairmont Technologies Private Limited has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹74 Lakh; the latest was in February 2020.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2020 | Funding round | ₹37 Lakh | Investors: 3 individuals |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Oct 2015 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Aug 2015 | Funding round | ₹37 Lakh | Investors: 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Fairmont Technologies 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 Fairmont Technologies Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Fairmont Technologies has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCF6177A1ZP | Karnataka | Active | 22 Jul 2019 |
To see the full GST registrations and return filing status of Fairmont Technologies Private Limited, buy the company report.
Recent activity
Fairmont Technologies Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Padubidri Rahul Nayak ceased to be Director on 13 Mar 2017.
Frequently asked questions
Fairmont Technologies is an active private limited company based in Mangalore, Karnataka, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 07 July 2015 (11+ years old) and is registered under CIN U72200KA2015PTC081442.
Fairmont Technologies has 2 current directors:
- Karan Thakral - Director
- Srinivasan Narayan Narayan - Director
The latest financial statements of Fairmont Technologies on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Fairmont Technologies is 29AACCF6177A1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Fairmont Technologies is U72200KA2015PTC081442. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fairmont Technologies was incorporated on 07 July 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Fairmont Technologies has 4 deals on record (2 funding rounds, 2 secondary share transfers), with disclosed funding of ₹74 Lakh; the latest was in February 2020.
The peers of Fairmont Technologies by revenue are Akinzin Private Limited, Concentics Private Limited, Wishbox Consultants Private Limited, Dsapone Software Private Limited, Again Studios Private Limited and 4 more, all in the same principal business activity (computer programming, consultancy and related activities).
Padubidri Rahul Nayak ceased to be Director on 13 Mar 2017. Karan Thakral ceased to be Additional Director on 26 Dec 2016. Karan Thakral was appointed as Director on 25 Nov 2015. Fairmont Technologies has 4 board changes on record in total.
The registered office of Fairmont Technologies is at Anugraha Matadakani 1st Cross Jarandaya Temple Road Behind Urva Marke, T, Mangalore, Karnataka, India – 575006.
Fairmont Technologies operates in the information technology industry, in the application development and software solutions segment.
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