Flat World Interactive Services Private Limited

Flat World Interactive Services Private Limited - business outsourcing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72300KA2006PTC038432 Incorporated 10 February 2006 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company business outsourcing
Revenue · FY 2024
₹95.42 Lakh
▲ 31% YoY
Net profit · FY 2024
₹3.7 Lakh
Net margin 3.9%
EBITDA · FY 2024
₹6 Lakh
EBITDA margin 6.3%
Authorised capital
₹5 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
20 yrs
Est. 2006
Employees · EPFO
2
Provident fund records
Directors on board
2
As per MCA filings

About Flat World Interactive Services Private Limited

Data last updated:

Flat World Interactive Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business process outsourcing sector. It was incorporated on 10 February 2006 and has been in existence for over 20 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72300KA2006PTC038432. Its GSTIN is 29AADCP9165F2Z1 (Karnataka). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Pierian Dental Solutions Private Limited. It is led by directors Chetan Venugopal and Kanathur Gurunath Narasimhamurthy.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Bangalore, Karnataka.

As per the financials filed for FY 2024, the company reported a revenue of ₹95.42 Lakh, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹3.7 Lakh (net margin 3.9%) and EBITDA of ₹6 Lakh (EBITDA margin 6.3%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 6% over five years.

The company has about 2 employees on its provident fund (EPFO) records.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pierianservices.com.

Company details

CIN U72300KA2006PTC038432
Registration Number 038432
Incorporation Date 10 February 2006
ROC Bangalore
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant

Contact details

Flat World Interactive Services Private Limited's registered office is in Bangalore, Karnataka. Its website is pierianservices.com. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    #62 High Street 6th Floor 11th Main Jayanagar 4th Block Opp. To Vijaya Col, Lege, Bangalore, Karnataka, India – 560011
  • Industry
    Business Outsourcing, Business Process Outsourcing

To see the full contact details of Flat World Interactive Services Private Limited, buy the company report.

Comprehensive company report
Flat World Interactive Services Private Limited - one report that includes everything
  • 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Business activity

The main business activity of Flat World Interactive Services is information and communication. In detail, this covers computer programming, consultancy and related activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ6Computer programming, consultancy and related activities

To see the full business activity and turnover split of Flat World Interactive Services Private Limited, buy the company report.

Financials of Flat World Interactive Services Private Limited

FY 2024 filings available

Flat World Interactive Services Private Limited reported revenue of ₹95.42 Lakh (up 31% YoY) for FY 2024.

Revenue · FY 2024
₹95.42 Lakh ▲ 31%
Net profit · FY 2024
₹3.7 Lakh margin 3.9%
EBITDA · FY 2024
₹6 Lakh margin 6.3%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 31%
3 years · compounded
▼ 10%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▼ 28%
3 years · compounded
▲ 40%
5 years · compounded
▲ 5%

Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 31% growth in the latest year. EBITDA fell 28% 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹6 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹3.7 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin6.3%
Net Profit Margin3.9%
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 Flat World Interactive Services Private Limited, buy the company report.

Board of directors of Flat World Interactive Services Private Limited

Flat World Interactive Services has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Chetan VenugopalDirector23 Dec 201411 Years 10 MonthsCurrent
Kanathur Gurunath NarasimhamurthyDirector23 Dec 201411 Years 10 MonthsCurrent

Auditor

Flat World Interactive Services Private Limited is audited by G S V P AND ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
G S V P AND ASSOCIATESFY 2022015551S

Shareholding

The shareholding of Flat World Interactive Services Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.

Shareholder categoryFY 2022FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Public
Others

To see the full shareholding pattern of Flat World Interactive Services Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Flat World Interactive Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Flat World Interactive Services Private Limited has a workforce of 2 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
2
Active EPFO establishments
1
Employee growth
-92.3%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-272
FY 2025-26
FY 2024-25
FY 2023-24
FY 2022-23
FY 2021-22
FY 2020-21
FY 2019-20
FY 2018-19
FY 2017-18
FY 2016-17

To see the full employee and EPFO history of Flat World Interactive Services Private Limited, buy the company report.

GST

Flat World Interactive Services has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
29AADCP9165F2Z1KarnatakaActive16 Nov 2017

To see the full GST registrations and return filing status of Flat World Interactive Services Private Limited, buy the company report.

Recent activity

Flat World Interactive Services Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Chetan Venugopal ceased to be Additional Director on 29 Sep 2015.

AGM
Flat World Interactive Services Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Flat World Interactive Services Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Chetan Venugopal ceased to be Additional Director.
Ceased
Kanathur Gurunath Narasimhamurthy ceased to be Additional Director.
Ceased
Katti Gadapani Achar Bindu Madhava ceased to be Director.
Ceased
Satish Praphulla Chandra ceased to be Director.
Appointed
Chetan Venugopal was appointed as Director.
Appointed
Kanathur Gurunath Narasimhamurthy was appointed as Director.
Incorporation
10 Feb 2006
Flat World Interactive Services Private Limited was registered on 10 Feb 2006 with Roc Bangalore & aged 20 years 9 months as per MCA records.

News

iZumi Bio and Pierian merge to form iPierian
01 Jul 2009 · Pharmamedtechbi

Frequently asked questions

Flat World Interactive Services is an active private limited company based in Bangalore, Karnataka, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 10 February 2006 (20+ years old) and is registered under CIN U72300KA2006PTC038432.

Flat World Interactive Services has 2 current directors:

The latest financial statements of Flat World Interactive Services on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Flat World Interactive Services is 29AADCP9165F2Z1, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Flat World Interactive Services is U72300KA2006PTC038432. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Flat World Interactive Services was incorporated on 10 February 2006, making it 20+ years old. It is registered with the Registrar of Companies, Bangalore.

Chetan Venugopal ceased to be Additional Director on 29 Sep 2015. Kanathur Gurunath Narasimhamurthy ceased to be Additional Director on 29 Sep 2015. Katti Gadapani Achar Bindu Madhava ceased to be Director on 06 Jul 2015. Flat World Interactive Services has 6 board changes on record in total.

Flat World Interactive Services can be reached through the website pierianservices.com. Its registered office is in Bangalore, Karnataka, India.

The registered office of Flat World Interactive Services is at #62 High Street 6th Floor 11th Main Jayanagar 4th Block Opp. To Vijaya Col, Lege, Bangalore, Karnataka, India – 560011.

Flat World Interactive Services operates in the business outsourcing industry, in the business process outsourcing segment.