Formcept Technologies & Solutions Private Limited

Formcept Technologies & Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
CIN U72900KA2011PTC060726 Incorporated 10 October 2011 ROC Bangalore HQ Bangalore, Karnataka, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2023
₹1.45 Cr
▼ 22% YoY
Net loss · FY 2023
₹7.44 Lakh
Net margin -5.1%
EBITDA · FY 2023
₹44.1 Lakh
EBITDA margin 30.4%
Authorised capital
₹2.2 Cr
Registered with MCA
Paid-up capital
₹2.01 Cr
Issued & subscribed
Company age
15 yrs
Est. 2011
Employees · EPFO
13
Provident fund records
Directors on board
3
As per MCA filings

About Formcept Technologies & Solutions Private Limited

Data last updated:

Formcept Technologies & Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 10 October 2011 and has been in existence for over 15 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2011PTC060726. Its GSTIN is 29AABCF8308G1ZL (Karnataka).

The company has an authorised share capital of ₹2.2 Cr and a paid-up capital of ₹2.01 Cr. It is led by directors including Suresh Srinivasan (Whole-Time Director) and Anuj Kumar (Whole-Time Director).

Its last annual general meeting (AGM) was held on 25 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No. 223 3rd Floor G R Arcade Sampige Road 14th Cross Malleswaram, Bangalore, Karnataka, India – 560003.

As per the financials filed for FY 2023, the company reported a revenue of ₹1.45 Cr, a decline of 22% compared to the previous year. For the same year it recorded a net loss of ₹7.44 Lakh (net margin -5.1%) and EBITDA of ₹44.1 Lakh (EBITDA margin 30.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 5% over five years.

The company has about 13 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Formcept. The company has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹7.41 Cr; the latest was in June 2017.

Formcept Technologies & Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0244749). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website formcept.com.

Company details

CIN U72900KA2011PTC060726
Registration Number 060726
Incorporation Date 10 October 2011
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 25 August 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0244749
Key People
Suresh Srinivasan Whole-Time Director Anuj Kumar Whole-Time Director Mihirkumar Arvind Joshi Nominee Director

Recognitions & Rankings of Formcept Technologies & Solutions

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-KR-03-0244749

Contact details

Formcept Technologies & Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is formcept.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    formcept.com
  • Social Media
  • Registered Address
    No. 223 3rd Floor G R Arcade Sampige Road 14th Cross Malleswaram, Bangalore, Karnataka, India – 560003
  • Industry
    Information Technology, IT Consulting & Support Services

To see the full contact details of Formcept Technologies & Solutions Private Limited, buy the company report.

Comprehensive company report
Formcept Technologies & 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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Brands

Formcept Technologies & Solutions operates one associated brand: Formcept. Each brand links to its own profile.

BrandDescriptionWebsite
Formcept
AI powered visual data analytics and decision support softwareformcept.com

Financials of Formcept Technologies & Solutions Private Limited

FY 2025 filings available

Formcept Technologies & Solutions Private Limited reported revenue of ₹1.45 Cr (down 22% YoY) for FY 2023.

Revenue · FY 2023
₹1.45 Cr ▼ 22%
Net loss · FY 2023
₹7.44 Lakh margin -5.1%
EBITDA · FY 2023
₹44.1 Lakh margin 30.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 22%
3 years · compounded
▼ 1%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▼ 56%
3 years · compounded
▲ 39%

Revenue fell 22% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 5%. EBITDA fell 56% 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue₹1.45 Cr
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹44.1 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹7.44 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 2022-23FY 2021-22FY 2020-21FY 2019-20FY 2018-19
Profitability
EBITDA Margin30.4%
Net Profit Margin-5.1%
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 Formcept Technologies & Solutions Private Limited, buy the company report.

Board of directors of Formcept Technologies & Solutions Private Limited

Formcept Technologies & Solutions has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Suresh SrinivasanWhole-Time Director10 Oct 201115 Years 1 MonthsCurrent
Anuj KumarWhole-Time Director10 Oct 201115 Years 1 MonthsCurrent
Mihirkumar Arvind Joshi
Also directs: Growit India Private Limited, Alfa Corpuscles Private Limited, Aditi Toys Private Limited and 5 more
Nominee Director15 May 20188 Years 5 MonthsCurrent
View all directors

Auditor

Formcept Technologies & Solutions Private Limited is audited by KUSHAL R & CO for the financial year 2023.

Auditor firmFinancial yearFirm registration number
KUSHAL R & COFY 2023021673S

Shareholding

The shareholding of Formcept Technologies & Solutions Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Formcept Technologies & Solutions Private Limited, buy the company report.

Deals & funding

Formcept Technologies & Solutions Private Limited has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹7.41 Cr; the latest was in June 2017.

Total deals
6
Funding rounds
3
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹7.41 Cr

Deals on record (5 of 6)

WhenDealAmountParties
Jun 2017Funding round · Series A₹7 CrInvestors: GVFL
May 2017Secondary share transferUndisclosedBuyer: an individual
Seller: an individual
Oct 2016Secondary share transferUndisclosedBuyer: 2 individuals
Seller: 2 individuals
Jul 2016Rights issue₹3.49 CrInvestors: 2 individuals
Jul 2013Funding round · Seed₹20 LakhInvestors: IIMA Ventures (IIMA-CIIE)

To see the full deal history of Formcept Technologies & Solutions Private Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Formcept Technologies & Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Formcept Technologies & Solutions Private Limited has a workforce of 13 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.

Employee count
13
Active EPFO establishments
1
Employee growth
18.2%

Headcount by financial year

Financial yearEmployees (EPFO)
FY 2026-2713
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

To see the full employee and EPFO history of Formcept Technologies & Solutions Private Limited, buy the company report.

GST

Formcept Technologies & Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AABCF8308G1ZLKarnatakaActive01 Jul 2017

To see the full GST registrations and return filing status of Formcept Technologies & Solutions Private Limited, buy the company report.

Recent activity

Formcept Technologies & Solutions Private Limited has 6 board changes on record since 2011: 3 appointments and 3 cessations. The latest: Mihirkumar Arvind Joshi was appointed as Nominee Director on 15 May 2018.

AGM
Formcept Technologies & Solutions Private Limited last Annual general meeting of members was held on 25 Aug 2025 as per latest MCA records.
Filing
Formcept Technologies & Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Mihirkumar Arvind Joshi was appointed as Nominee Director.
Ceased
Sankalp Bajpai ceased to be Additional Director.
Ceased
Anuj Kumar ceased to be Director.
Ceased
Suresh Srinivasan ceased to be Director.
Appointed
Anuj Kumar was appointed as Whole-Time Director.
Appointed
Suresh Srinivasan was appointed as Whole-Time Director.
Incorporation
10 Oct 2011
Formcept Technologies & Solutions Private Limited was registered on 10 Oct 2011 with Roc Bangalore & aged 15 years 1 month as per MCA records.

News

Frequently asked questions

Formcept Technologies & Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 10 October 2011 (15+ years old) and is registered under CIN U72900KA2011PTC060726.

Formcept Technologies & Solutions has 3 current directors:

The latest financial statements of Formcept Technologies & Solutions on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 25 August 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Formcept Technologies & Solutions is 29AABCF8308G1ZL, registered in Karnataka.

The CIN (Corporate Identification Number) of Formcept Technologies & Solutions is U72900KA2011PTC060726. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Formcept Technologies & Solutions was incorporated on 10 October 2011, making it 15+ years old. It is registered with the Registrar of Companies, Bangalore.

Formcept Technologies & Solutions has 6 deals on record (3 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹7.41 Cr; the latest was in June 2017.

Mihirkumar Arvind Joshi was appointed as Nominee Director on 15 May 2018. Sankalp Bajpai ceased to be Additional Director on 21 Sep 2017. Anuj Kumar ceased to be Director on 01 Apr 2016. Formcept Technologies & Solutions has 6 board changes on record in total.

Yes, Formcept Technologies & Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0244749).

Formcept Technologies & Solutions can be reached through the website formcept.com. Its registered office is in Bangalore, Karnataka, India.