Far Shore Software Development Private Limited - Company Profile

It is a information technology private limited company based in Madurai, Tamil Nadu, India, established in 2007.
2007 Madurai, Tamil Nadu, India Active
Last Updated:
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About Far Shore Software Development Private Limited

Far Shore Software Development Private Limited, a active private limited company, was established on 27 November 2007 in Madurai, Tamil Nadu, India. Engaging in application development & software solutions within the information technology sector, it holds CIN: U72200TN2007PTC065522. Registered under ROC Roc Chennai. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.98 M.

It upholds a compliant status. Employing 39 professional, Its leadership includes Balchamy Srinivasan (Managing Director), Srinivasan Bhuvaneswari (Director). Past directors included Balchamy Srinivasan. Its latest AGM occurred on 03 October 2022, with the balance sheet filed on 31 March 2022. It is based at 25F-26, Thillaisivam Commercial Complex Iii Floor, Ghokale Road,Chinnachokkikula, M, Madurai, Tamil Nadu, 625002.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U72200TN2007PTC065522

  • Registration Number

    065522

  • Incorporation Date

    27 November 2007

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.98 M

  • ROC Code

    Roc Chennai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.98 M
  • Company Age 18 Year, 6 Months
  • Last Filing with ROC 31 Mar 2022
  • Revenue Growth **** 19.36%
  • Profit Growth **** 61.56%
  • Ebitda **** 279.50%
  • Net Worth 34.54%
  • Total Assets **** 30.22%
Company report

Far Shore Software Development Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Far Shore Software Development 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 Far Shore Software Development Private Limited?
Current Directors
Name Designation Appointment Date Status
Balchamy Srinivasan Managing Director 27 Nov 2007 Current
Srinivasan Bhuvaneswari Director 27 Nov 2007 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 30 Nov 2007 Past

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Financial Performance of Far Shore Software Development.

Far Shore Software Development Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 19.36% increase. The company also saw a substantial improvement in profitability, with a 61.56% increase in profit. The company's net worth Soared by an impressive increase of 34.54%.

Far Shore Software Development revenue growth over time
Far Shore Software Development profit and loss trends over time
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
  • 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
********
 19.36%
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*******
*******
*******
Revenue from Operations
*******
 19.44%
*******
*******
*******
*******
Total Assets
*******
 30.22%
*******
*******
*******
*******
Profit or Loss
*******
 61.56%
*******
*******
*******
*******
Net Worth
*******
 34.54%
*******
*******
*******
*******
EBITDA
*******
 279.50%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Far Shore Software Development?

In 2019, Far Shore Software Development 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)
shareholding
  • 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 Far Shore Software Development?

Far Shore Software Development has a workforce of 39 employees as of Apr 08, 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
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Far Shore Software Development
Recent Activity within the Organization
  • Annual General Meeting

    Far Shore Software Development Private Limited last Annual general meeting of members was held on 03 Oct 2022 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    Far Shore Software Development Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Chennai. was recorded as a recent event.

  • Director Appointment

    The activity Balchamy Srinivasan was appointed as a Managing Director was appointed as a Managing Director on 27 Nov 2007 & has been associated with this company since 18 years 6 months . was completed.

  • Director Appointment

    Progress on Srinivasan Bhuvaneswari was appointed as a Director was appointed as a Director on 27 Nov 2007 & has been associated with this company since 18 years 6 months . was documented.

  • Company Incorporation

    Progress on Far Shore Software Development Private Limited was registered on 27 Nov 2007 with Roc Chennai & aged 18 years 6 months as per MCA records. was documented.

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Frequently Asked Questions
What is the CIN of Far Shore Software Development Private Limited?

The CIN of Far Shore Software Development Private Limited is U72200TN2007PTC065522.

Where is Far Shore Software Development Private Limited headquartered?

Far Shore Software Development Private Limited is headquartered at 25F-26, Thillaisivam Commercial Complex Iii Floor, Ghokale Road,Chinnachokkikula, M, Madurai, Tamil Nadu, 625002.

When was Far Shore Software Development Private Limited incorporated?

Far Shore Software Development Private Limited was incorporated on 27 November 2007.

Who are the current directors of Far Shore Software Development Private Limited?

The current directors of Far Shore Software Development Private Limited are

What is the primary industry of Far Shore Software Development Private Limited?

The primary industry of Far Shore Software Development Private Limited is Information Technology.

Is Far Shore Software Development Private Limited a listed company?

Far Shore Software Development Private Limited is unlisted.

What is the capital structure of Far Shore Software Development Private Limited?

The authorized capital of Far Shore Software Development Private Limited is ₹1.00 M, and the paid-up capital is ₹0.98 M.

What is the compliance status of Far Shore Software Development Private Limited?

The compliance status of Far Shore Software Development Private Limited is Compliant.

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