About Formative Software Solutions Private Limited
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Formative Software Solutions Private Limited is a private limited company based in Chennai, Tamil Nadu, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 04 August 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72900TN2009PTC072455. Its GSTIN is 33AABCF4725D1Z5 (Tamil Nadu). The company holds 4 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Lakh and a paid-up capital of ₹3.1 Lakh. It is led by directors including Krishnamurthy Sivakumar and Rajagopalan Kasi.
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 No.10/588 A2 Mahaveer Subhiksha Babu Nagar 1st Main Road Medavakkam, Chennai, Tamil Nadu, India – 600100.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.19 Lakh, a growth of 34% compared to the previous year. For the same year it recorded a net profit of ₹5.78 Lakh (net margin 16.4%) and EBITDA of ₹6.81 Lakh (EBITDA margin 19.4%). Revenue has grown at a compounded annual rate (CAGR) of 113% over three years and 15% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website formativesolutions.co.in.
Company details
Contact details
Formative Software Solutions Private Limited's registered office is in Chennai, Tamil Nadu. Its website is formativesolutions.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.10/588 A2 Mahaveer Subhiksha Babu Nagar 1st Main Road Medavakkam, Chennai, Tamil Nadu, India – 600100
- IndustryInformation Technology, Software Development & Support Services
To see the full contact details of Formative Software Solutions 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 Formative Software Solutions 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 Formative Software Solutions Private Limited, buy the company report.
Financials of Formative Software Solutions Private Limited
FY 2025 filings availableFormative Software Solutions Private Limited reported revenue of ₹35.19 Lakh (up 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 34% growth in the latest year. EBITDA rose 15% 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 | ₹6.81 Lakh | ||||
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| Net Profit (PAT) | ₹5.78 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 | 19.4% | ||||
| Net Profit Margin | 16.4% | ||||
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To see the full financial statements and ratios of Formative Software Solutions Private Limited, buy the company report.
Board of directors of Formative Software Solutions Private Limited
Formative Software Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Krishnamurthy Sivakumar Also directs: Aigilx Health Technologies Private Limited | Director | 05 Aug 2016 | 10 Years 2 Months | Current |
| Rajagopalan Kasi | Director | 27 Feb 2017 | 9 Years 8 Months | Current |
| Mathanghi Sivakumar | Additional Director | 07 Jan 2026 | 0 Years 9 Months | Current |
Peer comparison
Formative Software Solutions Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (Software Services), with 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 |
|---|---|---|---|---|---|---|
| Bitztek Technologies (India) Private Limited | ₹35.32 Lakh (FY 2024) | 36.0% | Kochi, Kerala, India | |||
| Formative Software Solutions Private Limitedthis company | ₹35.19 Lakh (FY 2024) | ₹5.78 Lakh | 16.4% | 34.0% | Chennai, Tamil Nadu, India | |
| Talentserv Sports Private Limited | ₹35.14 Lakh (FY 2025) | 16.0% | Pune, Maharashtra, India | |||
| BPK Softwares Private Limited | ₹35.02 Lakh (FY 2024) | 2.0% | Sangaria, Rajasthan, India | |||
| Macs It.Com Private Limited | ₹34.98 Lakh (FY 2025) | 3.0% | Erode, Tamil Nadu, India | |||
| A.R. Softwares (Private Limited | ₹34.81 Lakh (FY 2024) | -21.0% | Faridabad, Haryana, India |
To see the full peer comparison of Formative Software Solutions Private Limited, buy the company report.
Auditor
Formative Software Solutions Private Limited is audited by K GOPINATH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K GOPINATH & CO | FY 2019 | 000984S |
Shareholding
The shareholding of Formative Software Solutions 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 Formative Software Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Formative Software Solutions 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 Formative Software Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Formative Software Solutions has 4 GST registrations: 1 active and 3 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCF4725D1Z5 | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Formative Software Solutions Private Limited, buy the company report.
Recent activity
Formative Software Solutions Private Limited has 6 board changes on record since 2016: 3 appointments and 3 cessations. The latest: Mathanghi Sivakumar was appointed as Additional Director on 07 Jan 2026.
Frequently asked questions
Formative Software Solutions is an active private limited company based in Chennai, Tamil Nadu, India. The company works in software development and support services, within the information technology industry. It was incorporated on 04 August 2009 (17+ years old) and is registered under CIN U72900TN2009PTC072455.
Formative Software Solutions has 3 current directors:
- Krishnamurthy Sivakumar - Director
- Rajagopalan Kasi - Director
- Mathanghi Sivakumar - Additional Director
The latest financial statements of Formative Software Solutions 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 Formative Software Solutions is 33AABCF4725D1Z5, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 1 is active and 3 are cancelled or inactive.
The CIN (Corporate Identification Number) of Formative Software Solutions is U72900TN2009PTC072455. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Formative Software Solutions was incorporated on 04 August 2009, making it 17+ years old. It is registered with the Registrar of Companies, Chennai.
The peers of Formative Software Solutions by revenue are Bitztek Technologies (India) Private Limited, Talentserv Sports Private Limited, BPK Softwares Private Limited, Macs It.Com Private Limited, A.R. Softwares (Private Limited, all in the Information Technology industry (Software Services), with the same principal business activity (computer programming, consultancy and related activities).
Mathanghi Sivakumar was appointed as Additional Director on 07 Jan 2026. Rajagopalan Kasi ceased to be Additional Director on 06 Sep 2017. Ponnulakshmi Sivakumar ceased to be Director on 27 Feb 2017. Formative Software Solutions has 6 board changes on record in total.
Formative Software Solutions can be reached through the website formativesolutions.co.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Formative Software Solutions is at No.10588 A2 Mahaveer Subhiksha Babu Nagar 1st Main Road Medavakkam, Chennai, Tamil Nadu, India – 600100.
Formative Software Solutions operates in the information technology industry, in the software development and support services segment.
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