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Formbid Private Limited - business outsourcing in Perungudi, Tamil Nadu, India. Directors, charges & compliance details.
Revenue · FY 2025
₹1.5 Cr
▲ 138% YoY
Net profit · FY 2025
₹2.25 Lakh
Net margin 1.5%
EBITDA · FY 2025
₹4.4 Lakh
EBITDA margin 2.9%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹98 Lakh
Satisfied ₹20 Lakh
Company age
4 yrs
Est. 2022
Directors on board
2
As per MCA filings
About Formbid Private Limited
Data last updated:
Formbid Private Limited is a private limited company based in Perungudi, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 29 March 2022.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74999TN2022PTC150913.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Subash Arunachalam and Karunakaran Packiaraj Richard Neiel.
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 Plot No.143 Door No.87 1st Floor 4th Cross Street Thirumalai Nagar, Perungudi, Tamil Nadu, India – 600096.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.5 Cr, a growth of 138% compared to the previous year. For the same year it recorded a net profit of ₹2.25 Lakh (net margin 1.5%) and EBITDA of ₹4.4 Lakh (EBITDA margin 2.9%).
The company is associated with 1 brand: FormBid. As per MCA filings, the company has open charges of ₹98 Lakh and satisfied charges of ₹20 Lakh on record.
For more details, the company can be reached via its website formbid.in.
Company details
CIN U74999TN2022PTC150913
Registration Number 150913
Incorporation Date 29 March 2022
ROC Chennai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
DPIIT Recognition Recognised Startup
Recognitions & Rankings of Formbid
Contact details
Formbid Private Limited's registered office is in Perungudi, Tamil Nadu.
- Registered AddressPlot No.143 Door No.87 1st Floor 4th Cross Street Thirumalai Nagar, Perungudi, Tamil Nadu, India – 600096
- IndustryBusiness Outsourcing, Business & IT Consulting
Comprehensive company report
Formbid 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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Brands
Formbid operates one associated brand: FormBid. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Formwork products are listed online for buyer-seller procurement and sales. | formbid.in |
Business activity
The main business activity of Formbid is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Formbid Private Limited, buy the company report.
Financials of Formbid Private Limited
FY 2025 filings availableFormbid Private Limited reported revenue of ₹1.5 Cr (up 138% YoY) for FY 2025.
Revenue · FY 2025
₹1.5 Cr ▲ 138%
Net profit · FY 2025
₹2.25 Lakh margin 1.5%
EBITDA · FY 2025
₹4.4 Lakh margin 2.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 138%
EBITDA CAGR growth
1 year
▲ 78%
Revenue rose 138% in the latest year. EBITDA rose 78% in the latest 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 |
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| Total Expenses | ||||
| EBITDA | ₹4.4 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.25 Lakh | |||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | ||||
| EBITDA Margin | 2.9% | |||
| Net Profit Margin | 1.5% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
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To see the full financial statements and ratios of Formbid Private Limited, buy the company report.
Board of directors of Formbid Private Limited
Formbid has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Subash Arunachalam Also directs: Neelan Engineers & Consultants LLP | Director | 29 Mar 2022 | 4 Years 6 Months | Current |
| Karunakaran Packiaraj Richard Neiel | Director | 29 Mar 2022 | 4 Years 6 Months | Current |
Charges & borrowings
Open charges
₹98 Lakh
Satisfied charges
₹20 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Nov 2025 | 101181892 | Indian Overseas Bank | ₹98 Lakh | Open | |
| 09 Jan 2025 | 101038676 | State Bank of India | ₹20 Lakh | Satisfied |
To see the full charge records of Formbid Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Formbid 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 Formbid Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Formbid Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Formbid Private Limited has 2 board changes on record since 2022: 2 appointments. The latest: Karunakaran Packiaraj Richard Neiel was appointed as Director on 29 Mar 2022.
Charges
A charge with Indian Overseas Bank amounted to Rs. 98.00 Lakh with Charge ID 101181892 was registered on 13 Nov 2025.
Charges
A charge registered on 09 Jan 2025 via Charge ID 101038676 with State Bank Of India was fully satisfied on 12 Nov 2025.
AGM
Formbid Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Formbid Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chennai.
Charges
A charge with State Bank Of India amounted to Rs. 20.00 Lakh with Charge ID 101038676 was registered on 09 Jan 2025.
Appointed
Karunakaran Packiaraj Richard Neiel was appointed as Director.
Appointed
Subash Arunachalam was appointed as Director.
Incorporation
29 Mar 2022
Formbid Private Limited was registered on 29 Mar 2022 with Roc Chennai & aged 4 years 6 months as per MCA records.
Frequently asked questions
Formbid is an active private limited company based in Perungudi, Tamil Nadu, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 29 March 2022 (4+ years old) and is registered under CIN U74999TN2022PTC150913.
Formbid has 2 current directors:
- Subash Arunachalam - Director
- Karunakaran Packiaraj Richard Neiel - Director
The latest financial statements of Formbid 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 2022 are in the company report.
The CIN (Corporate Identification Number) of Formbid is U74999TN2022PTC150913. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Formbid was incorporated on 29 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Chennai.
Karunakaran Packiaraj Richard Neiel was appointed as Director on 29 Mar 2022. Subash Arunachalam was appointed as Director on 29 Mar 2022.
Yes, Formbid is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Formbid can be reached through the website formbid.in. Its registered office is in Perungudi, Tamil Nadu, India.
The registered office of Formbid is at Plot No.143 Door No.87 1st Floor 4th Cross Street Thirumalai Nagar, Perungudi, Tamil Nadu, India – 600096.
Formbid operates in the business outsourcing industry, in the business and IT consulting segment.