About Flagstone Underwriting Support Services (India) Private Limited
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Flagstone Underwriting Support Services (India) Private Limited was a private limited company based in Hyderabad, Telangana, India, operated as a subsidiary of Flagstone (Mauritius) Limited. The company has been dissolved under section 59(8) as per MCA records and no longer exists as a legal entity. Any dealings with a dissolved entity carry legal and financial risk. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 October 2005.
The company was registered with the Registrar of Companies (ROC), Hyderabad, under CIN U72200TG2005PTC047725. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹35 Cr and a paid-up capital of ₹2.07 Cr. It was led by directors including Lingaraju Rayaprolu and Kuzloski Robert Francis.
Its last annual general meeting (AGM) was held on 26 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at 614 Babu Khan Estate Basheerbagh, Hyderabad, Telangana, India – 500001.
As per the financials filed for FY 2016, the company reported a revenue of ₹2.82 Cr, a growth of 28% compared to the previous year. For the same year it recorded a net profit of ₹13.74 Lakh (net margin 4.9%) and EBITDA of -₹63.68 Lakh (EBITDA margin -22.6%).
The company was associated with 1 brand: Flagstone Re. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it.
The last known website on record is flagstonere.com.
Company details
CIN history
Flagstone Underwriting Support Services (India) has one previous CIN (Corporate Identification Number): U72200AP2005PTC047725. The current CIN is U72200TG2005PTC047725, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U72200TG2005PTC047725 | Current |
| U72200AP2005PTC047725 | Previous |
Contact details
Flagstone Underwriting Support Services (India) Private Limited's registered office is in Hyderabad, Telangana. Its website is flagstonere.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address614 Babu Khan Estate Basheerbagh, Hyderabad, Telangana, India – 500001
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of Flagstone Underwriting Support Services (India) 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
Flagstone Underwriting Support Services (India) operates one associated brand: Flagstone Re. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Household, solar, and specialty glass products are manufactured. | flagstonere.com |
Financials of Flagstone Underwriting Support Services (India) Private Limited
FY 2016 filings availableFlagstone Underwriting Support Services (India) Private Limited reported revenue of ₹2.82 Cr (up 28% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue rose 28% in the latest year. EBITDA rose 75% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹2.82 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹63.68 Lakh | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹13.74 Lakh | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -22.6% | |
| Net Profit Margin | 4.9% | |
| 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 Flagstone Underwriting Support Services (India) Private Limited, buy the company report.
Board of directors of Flagstone Underwriting Support Services (India) Private Limited
Flagstone Underwriting Support Services (India) has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Niraj Kapasi Also directs: Kapasi Bangad & Co. LLP, Shivam Medisoft Services Private Limited | Alternate Director | 20 Aug 2015 | 11 Years 2 Months | As last reported |
| Lingaraju Rayaprolu | Director | 04 Jul 2011 | 15 Years 3 Months | As last reported |
| Kuzloski Robert Francis | Director | 21 Dec 2012 | 13 Years 10 Months | As last reported |
Auditor
Flagstone Underwriting Support Services (India) Private Limited is audited by Price Waterhouse LLP for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Price Waterhouse LLP | FY 2016 | 012754N/N5 |
Shareholding
The shareholding of Flagstone Underwriting Support Services (India) 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 Flagstone Underwriting Support Services (India) Private Limited, buy the company report.
Legal cases
Flagstone Underwriting Support Services (India) Private Limited has 2 court cases on record: 1 filed by Flagstone Underwriting Support Services (India), 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Company petition | Filed by the company | Disposed |
| High Court, TELANGANA | Court case (ITTA) | Filed against the company by PR. Commissioner of Income Tax-5 | Disposed |
To see the full case history of Flagstone Underwriting Support Services (India) Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Flagstone Underwriting Support Services (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Flagstone Underwriting Support Services (India) has 3 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 Flagstone Underwriting Support Services (India) Private Limited, buy the company report.
Recent activity
Flagstone Underwriting Support Services (India) Private Limited has 13 board changes on record since 2010: 3 appointments and 10 cessations. The latest: Niraj Kapasi was appointed as Alternate Director on 20 Aug 2015.
4 earlier events are in the company report.
Frequently asked questions
Flagstone Underwriting Support Services (India) has been "Dissolved Under Section 59(8)" as per MCA records. The company has ceased to exist as a legal entity. Any contracts or dealings with a dissolved entity may be legally unenforceable.
Flagstone Underwriting Support Services (India) was a private limited company based in Hyderabad, Telangana, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 10 October 2005 and is registered under CIN U72200TG2005PTC047725. The company is recorded as dissolved under section 59(8) in MCA records and no longer exists as a legal entity.
Flagstone Underwriting Support Services (India) was incorporated on 10 October 2005. It is registered with the Registrar of Companies, Hyderabad.
Flagstone Underwriting Support Services (India) had 3 directors:
- Niraj Kapasi - Alternate Director
- Lingaraju Rayaprolu - Director
- Kuzloski Robert Francis - Director
The CIN (Corporate Identification Number) of Flagstone Underwriting Support Services (India) is U72200TG2005PTC047725. 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 Flagstone Underwriting Support Services (India) is at 614 Babu Khan Estate Basheerbagh, Hyderabad, Telangana, India – 500001.
Flagstone Underwriting Support Services (India) can be reached through the website flagstonere.com. Its registered office is in Hyderabad, Telangana, India.
The latest financial statements of Flagstone Underwriting Support Services (India) on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 26 September 2016. Year-wise statements from 2015 are in the company report.
No. Flagstone Underwriting Support Services (India) has 3 GST registrations on record and all of them are cancelled or inactive.
Flagstone Underwriting Support Services (India) operated in the information technology industry, in the IT consulting and support services segment.