About Formidium India Private Limited
Data last updated: 06 March 2026
Formidium India Private Limited is a private limited company based in Jaipur, Rajasthan, India, recognised as a startup by DPIIT. It specialises in accounting and financial analysis, a part of the broader business process outsourcing sector. Incorporated on 28 December 2021, the company has been in operation for over 5 years.
Registered with ROC Jaipur under CIN U72900RJ2021PTC078883.
Capital: an authorised share capital of ₹1.5 Lakh and a paid-up capital of ₹1.5 Lakh. Formerly known as Sudrania Software Private Limited. It is led by directors including Manish Agrawal and Silky Mittal.
Last AGM: 04 September 2025. Financial statements filed for year ended 31 March 2025. Office: Jaipur, Rajasthan.
As per the financials filed for FY 2025, the company reported a revenue of ₹103.01 Cr, a growth of 0% compared to the previous year.
The company has a workforce of approximately 757 employees as per the latest available data.
The company is associated with 1 brand - Formidium. As per MCA filings, the company has open charges of ₹1.34 Cr and satisfied charges of ₹5.34 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website formidiumtraining.com.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social Media
-
Registered AddressUnit No. 728 Elements Mall, Near D.C.M Market Ajmer Road, Jaipur, Rajasthan, India – 302021
-
IndustryBusiness Outsourcing, Accounting and Financial Analysis
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Formidium India Private Limited
Formidium India Private Limited operates one associated brand: Formidium. These brands represent Formidium India Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Tech-enabled fund administration and tax services are provided for funds. | formidium.com |
Competitors & Alternatives of Formidium India Private Limited
Brands and companies operating in the same space as Formidium India Private Limited include ASCENT, Multrees Investor Services, FundAdminChain and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
ASCENT
|
Fund administration, corporate, and fintech solutions are provided. | Singapore, Singapore, Singapore | 2019 |
Multrees Investor Services
|
Modular wealth management outsourcing services are provided. | London, United Kingdom, United Kingdom | 2010 |
FundAdminChain
|
Digital platform connects fund investors, managers, and service providers. | London, United Kingdom, United Kingdom | 2019 |
Embankment
|
Fund administration services are offered to alternative investment managers. | Copenhagen, Denmark, Denmark | 2022 |
Incentive.Online
|
Fund administration platform for businesses is operated. | Helsinki, Finland, Finland | 2020 |
White Plume Technologies
|
Automated charge capture and medical coding software solutions for healthcare providers | Birmingham, United States, United States | 1999 |
Barrier Crest
|
Provider of fund administration and fractional CFO services to VC and PE firms | New York, United States, United States | 2019 |
QuickFunds
|
Platform automates investor outreach, CRM, and dataroom for startup fundraising. | Barcelona, Spain, Spain | 2024 |
Business Activity of Formidium India Private Limited
Formidium India Private Limited is engaged in the principal business activity of professional, scientific and technical, with detailed activities including accounting, book keeping and auditing activities, tax consultancy.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M2 | Accounting, book keeping and auditing activities, tax consultancy | Locked |
Business activity turnover details for Formidium India Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Formidium India Private Limited
Formidium India Private Limited is audited by R Sogani & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| R Sogani & Associates | Locked | Locked | Locked |
Complete auditor history for Formidium India Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Formidium India Private Limited
Formidium India Private Limited is currently managed by 4 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Agrawal | Director | 28 Dec 2021 | 4 Years 6 Months | Current |
| Silky Mittal | Director | 12 Aug 2024 | 1 Years 11 Months | Current |
| Mandar Narendra Mhatre | Director | 12 Aug 2024 | 1 Years 11 Months | Current |
| Manish Kumar Sudrania | Director | 28 Dec 2021 | 4 Years 6 Months | Current |
Financials of Formidium India Private Limited FY 2025 filings available
Formidium India Private Limited reported revenue of ₹103.01 Cr for FY 2025.
Ten-year financial statements for Formidium India Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Formidium India Private Limited
Shareholding and ownership data for Formidium India Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Formidium India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Dec 2023 | Others | ₹44 Lakh | Satisfied |
| 14 Sep 2023 | Others | ₹18 Lakh | Satisfied |
| 25 Aug 2023 | Others | ₹14 Lakh | Satisfied |
| 31 Jul 2023 | Others | ₹24 Lakh | Satisfied |
| 23 Jun 2023 | Others | ₹15 Lakh | Satisfied |
Total charge records: 7 View all charges
Employees and EPFO Compliance at Formidium India Private Limited
Formidium India Private Limited has a workforce of 757 employees as of Apr 08, 2024.
Employee and EPFO history for Formidium India Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Formidium India Private Limited
GST registrations and filing compliance for Formidium India Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Formidium India Private Limited
Credit ratings, litigation, and regulatory alerts for Formidium India Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Formidium India Private Limited
MSME payment history for Formidium India Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Formidium India Private Limited
Corporate group structure for Formidium India Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Formidium India Private Limited
MCA filings and documents for Formidium India Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Formidium India Private Limited
Frequently Asked Questions about Formidium India Private Limited
Formidium India Private Limited is an active private limited company in the business outsourcing sector based in Jaipur, Rajasthan, India. It was incorporated on 28 December 2021 (5+ years old) and is registered under CIN U72900RJ2021PTC078883. The company has 757 employees.
Formidium India Private Limited reported revenue of ₹103.01 Cr for FY 2025 (up 0.00% YoY).
The current directors of Formidium India Private Limited are:
- Manish Agrawal - Director
- Silky Mittal - Director
- Mandar Narendra Mhatre - Director
- Manish Kumar Sudrania - Director
The primary industry of Formidium India Private Limited is business outsourcing. The company specifically operates in accounting and financial analysis. The company is currently active in this sector.
Yes, Formidium India Private Limited is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Formidium India Private Limited can be reached at the registered office: Unit No. 728 Elements Mall, Near D.C.M Market Ajmer Road, Jaipur, Rajasthan, India – 302021, or through the website formidiumtraining.com.