
FM Advisory Services Private Limited
About FM Advisory Services Private Limited
Data last updated:
FM Advisory Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 23 November 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74110KA2005PTC037732. Its GSTIN is 29AABCL1321K1ZN (Karnataka). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Legal Brain Outsourcing (India) Private Limited. It is led by directors including Prashanthakumar Shimoga Thayappa and Ramaswamy Balasubramanian.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 6/12 Primrose Road Gurappa Avenue, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2024, the company reported a revenue of ₹71.62 Lakh, a decline of 7% compared to the previous year. For the same year it recorded a net loss of ₹5.39 Lakh (net margin -7.5%) and EBITDA of ₹1.28 Lakh (EBITDA margin 1.8%). Revenue has declined at a compounded annual rate (CAGR) of 24% over three years and 15% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
FM Advisory Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered Address6/12 Primrose Road Gurappa Avenue, Bangalore, Karnataka, India – 560025
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of FM Advisory Services 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
Business activity
The main business activity of FM Advisory Services is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of FM Advisory Services Private Limited, buy the company report.
Financials of FM Advisory Services Private Limited
FY 2025 filings availableFM Advisory Services Private Limited reported revenue of ₹71.62 Lakh (down 7% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 15% over five years, including a 7% fall in the latest year. EBITDA rose 130% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹1.28 Lakh | ||||
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| Net Profit (PAT) | -₹5.39 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 1.8% | ||||
| Net Profit Margin | -7.5% | ||||
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To see the full financial statements and ratios of FM Advisory Services Private Limited, buy the company report.
Board of directors of FM Advisory Services Private Limited
FM Advisory Services has 4 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prashanthakumar Shimoga Thayappa Also directs: Fox Mandal & Associates LLP, Viewtopia Hospitality LLP | Director | 16 Jan 2019 | 7 Years 9 Months | Current |
| Ramaswamy Balasubramanian | Director | 04 May 2018 | 8 Years 6 Months | Current |
| Shuvabrata Mandal Also directs: Fox Mandal & Associates LLP, S.K. Mandal LLP, Fox Mandal Services Private Limited and 5 more | Director | 23 Nov 2005 | 20 Years 11 Months | Current |
| Nripendralal Mitra Also directs: Fox Mandal Services Private Limited | Director | 23 Nov 2005 | 20 Years 11 Months | Current |
Auditor
FM Advisory Services Private Limited is audited by Renuka Bhat for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Renuka Bhat | FY 2017 |
Shareholding
The shareholding of FM Advisory Services Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of FM Advisory Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving FM Advisory Services 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 FM Advisory Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
FM Advisory Services has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCL1321K1ZN | Karnataka | Active | 01 Jul 2017 |
| 27AABCL1321K2ZQ | Maharashtra | Active | 01 Feb 2019 |
To see the full GST registrations and return filing status of FM Advisory Services Private Limited, buy the company report.
Recent activity
FM Advisory Services Private Limited has 11 board changes on record since 2005: 4 appointments and 7 cessations. The latest: Ranganath Harirao ceased to be Director on 25 Mar 2022.
2 earlier events are in the company report.
Frequently asked questions
FM Advisory Services is an active private limited company based in Bangalore, Karnataka, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 23 November 2005 (21+ years old) and is registered under CIN U74110KA2005PTC037732.
FM Advisory Services has 4 current directors:
- Prashanthakumar Shimoga Thayappa - Director
- Ramaswamy Balasubramanian - Director
- Shuvabrata Mandal - Director
- Nripendralal Mitra - Director
The latest financial statements of FM Advisory Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of FM Advisory Services is 29AABCL1321K1ZN, registered in Karnataka. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AABCL1321K2ZQ (Maharashtra).
The CIN (Corporate Identification Number) of FM Advisory Services is U74110KA2005PTC037732. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
FM Advisory Services was incorporated on 23 November 2005, making it 21+ years old. It is registered with the Registrar of Companies, Bangalore.
Ranganath Harirao ceased to be Director on 25 Mar 2022. Dinabandhu Mandal ceased to be Director on 30 Jun 2020. Prashanthakumar Shimoga Thayappa ceased to be Additional Director on 30 Sep 2019. FM Advisory Services has 11 board changes on record in total.
The registered office of FM Advisory Services is at 612 Primrose Road Gurappa Avenue, Bangalore, Karnataka, India – 560025.
FM Advisory Services operates in the business outsourcing industry, in the business and IT consulting segment.
The compliance status of FM Advisory Services is compliant as of 30 September 2026. The company is actively filing with the Registrar of Companies.

