MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-WB-14-0053989
Formax IT Solutions Private Limited
Formax IT Solutions Private Limited - information technology in North 24 Parganas, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹3.57 Cr
▲ 26% YoY
Net profit · FY 2025
₹5.12 Lakh
Net margin 1.4%
EBITDA · FY 2025
₹6.91 Lakh
EBITDA margin 1.9%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹10,000
Issued & subscribed
Company age
8 yrs
Est. 2018
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Formax IT Solutions Private Limited
Data last updated:
Formax IT Solutions Private Limited is a private limited company based in North 24 Parganas, West Bengal, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 30 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U72900WB2018PTC228240. Its GSTIN is 19AADCF5125F1ZT (West Bengal).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It is led by directors Tasminara Bibi and Ezazul Haque.
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 C/O Tasminara Bibi Mochpole Nr Junior School Nabapally Barasat, North 24 Parganas, West Bengal, India – 700126.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.57 Cr, a growth of 26% compared to the previous year. For the same year it recorded a net profit of ₹5.12 Lakh (net margin 1.4%) and EBITDA of ₹6.91 Lakh (EBITDA margin 1.9%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 10% over five years.
Formax IT Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-14-0053989).
Company details
CIN U72900WB2018PTC228240
Registration Number 228240
Incorporation Date 30 September 2018
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-WB-14-0053989
Key People
Tasminara Bibi Director Ezazul Haque Director Recognitions & Rankings of Formax IT Solutions
Contact details
Formax IT Solutions Private Limited's registered office is in North 24 Parganas, West Bengal. Its e-mail address is in the company report.
- Email
- Registered AddressC/O Tasminara Bibi Mochpole Nr Junior School Nabapally Barasat, North 24 Parganas, West Bengal, India – 700126
- IndustryInformation Technology, Other Computer Related Activities
To see the full contact details of Formax IT Solutions Private Limited, buy the company report.
Comprehensive company report
Formax IT Solutions 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
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Business activity
The main business activity of Formax IT Solutions is financial and insurance activities. In detail, this covers activities auxiliary to financial service and insurance activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance activities | 66 | Activities auxiliary to financial service and insurance activities |
To see the full business activity and turnover split of Formax IT Solutions Private Limited, buy the company report.
Financials of Formax IT Solutions Private Limited
FY 2025 filings availableFormax IT Solutions Private Limited reported revenue of ₹3.57 Cr (up 26% YoY) for FY 2025.
Revenue · FY 2025
₹3.57 Cr ▲ 26%
Net profit · FY 2025
₹5.12 Lakh margin 1.4%
EBITDA · FY 2025
₹6.91 Lakh margin 1.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 26%
3 years · compounded
▲ 21%
5 years · compounded
▲ 10%
EBITDA CAGR growth
1 year
▼ 26%
3 years · compounded
▲ 139%
5 years · compounded
▲ 89%
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 26% growth in the latest year. EBITDA fell 26% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹6.91 Lakh | ||||
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| Net Profit (PAT) | ₹5.12 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.9% | ||||
| Net Profit Margin | 1.4% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Formax IT Solutions Private Limited, buy the company report.
Board of directors of Formax IT Solutions Private Limited
Formax IT Solutions has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tasminara Bibi | Director | 30 Sep 2018 | 8 Years 0 Months | Current |
| Ezazul Haque | Director | 30 Sep 2018 | 8 Years 0 Months | Current |
Peer comparison
Formax IT Solutions Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (activities auxiliary to financial service and insurance activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R.A.Maxx Private Limited | ₹3.6 Cr (FY 2025) | 71.0% | Mumbai, Maharashtra, India | |||
| Khattu Hospitality Private Limited | ₹3.6 Cr (FY 2024) | -69.0% | Thane, Maharashtra, India | |||
| Connect Equipment Leasing Private Limited | ₹3.6 Cr (FY 2024) | -22.0% | Mumbai, Maharashtra, India | |||
| Teska Investments and Consultancy Private Limited | ₹3.57 Cr (FY 2025) | New Delhi, Delhi, India | ||||
| Pragati Forex Private Limited | ₹3.57 Cr (FY 2025) | -62.0% | Mumbai, Maharashtra, India | |||
| Formax IT Solutions Private Limitedthis company | ₹3.57 Cr (FY 2025) | ₹5.12 Lakh | 1.4% | 26.0% | North 24 Parganas, West Bengal, India | |
| Prarthik Finserv Private Limited | ₹3.56 Cr (FY 2025) | 3437.0% | Gmc, Assam, India | |||
| Venus Portfolio & Finance Private Limited | ₹3.56 Cr (FY 2025) | 53.0% | Mumbai, Maharashtra, India | |||
| Prithvi Finlease India Limited | ₹3.56 Cr (FY 2025) | -17.0% | Mumbai, Maharashtra, India | |||
| Motor House Ltd | ₹3.55 Cr (FY 2025) | 8.0% | Mumbai, Maharashtra, India | |||
| BDS Share Brokers Private Limited | ₹3.55 Cr (FY 2025) | -13.0% | New Delhi, Delhi, India |
To see the full peer comparison of Formax IT Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Formax IT 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 Formax IT Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Formax IT Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCF5125F1ZT | West Bengal | Active | 14 Dec 2018 |
To see the full GST registrations and return filing status of Formax IT Solutions Private Limited, buy the company report.
Recent activity
Formax IT Solutions Private Limited has 2 board changes on record since 2018: 2 appointments. The latest: Ezazul Haque was appointed as Director on 30 Sep 2018.
AGM
Formax It Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Formax It Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Kolkata Ii.
Appointed
Ezazul Haque was appointed as Director.
Appointed
Tasminara Bibi was appointed as Director.
Incorporation
30 Sep 2018
Formax It Solutions Private Limited was registered on 30 Sep 2018 with Roc Kolkata Ii & aged 8 years 23 days as per MCA records.
Frequently asked questions
Formax IT Solutions is an active private limited company based in North 24 Parganas, West Bengal, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 30 September 2018 (8+ years old) and is registered under CIN U72900WB2018PTC228240.
Formax IT Solutions has 2 current directors:
- Tasminara Bibi - Director
- Ezazul Haque - Director
The latest financial statements of Formax IT 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 FY 2019 are in the company report.
The GSTIN of Formax IT Solutions is 19AADCF5125F1ZT, registered in West Bengal.
The CIN (Corporate Identification Number) of Formax IT Solutions is U72900WB2018PTC228240. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Formax IT Solutions was incorporated on 30 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Formax IT Solutions by revenue are R.A.Maxx Private Limited, Khattu Hospitality Private Limited, Connect Equipment Leasing Private Limited, Teska Investments and Consultancy Private Limited, Pragati Forex Private Limited and 5 more, all in the same principal business activity (activities auxiliary to financial service and insurance activities).
Ezazul Haque was appointed as Director on 30 Sep 2018. Tasminara Bibi was appointed as Director on 30 Sep 2018.
Yes, Formax IT Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-WB-14-0053989).
The registered office of Formax IT Solutions is at CO Tasminara Bibi Mochpole Nr Junior School Nabapally Barasat, North 24 Parganas, West Bengal, India – 700126.
Formax IT Solutions operates in the information technology industry, in the other computer related activities segment.