Formonex Solutions Private Limited
About Formonex Solutions Private Limited
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Formonex Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 10 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2018PTC116198. Its GSTIN is 29AADCF4914A1ZZ (Karnataka).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Avinash Siddesh Kondajji and Kondagi Siddsh Akash.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No17(Old 545).Second Floor 8th Main Rpc Layout Vijaynagar 2nd Stage, Bangalore, Karnataka, India – 560040.
As per the financials filed for FY 2020, the company reported a revenue of ₹3.63 Lakh. For the same year it recorded a net profit of ₹9,095 (net margin 2.5%) and EBITDA of ₹14,290 (EBITDA margin 3.9%).
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- Registered AddressNo17(Old 545).Second Floor 8th Main Rpc Layout Vijaynagar 2nd Stage, Bangalore, Karnataka, India – 560040
- IndustryInformation Technology, Other Computer Related Activities
- 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
- One PDF report, delivered after checkout
Board of Directors of Formonex Solutions Private Limited
Formonex Solutions has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Avinash Siddesh Kondajji | Director | 10 Sep 2018 | 8 Years 0 Months | Current |
| Kondagi Siddsh Akash | Director | 10 Sep 2018 | 8 Years 0 Months | Current |
Financials of Formonex Solutions Private Limited FY 2024 filings available
Formonex Solutions Private Limited reported revenue of ₹3.63 Lakh for FY 2020.
Financial Statement Summary of Formonex Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹3.63 Lakh | •••• |
| Other Income | •••• | •••• |
| Total Revenue | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹14,290 | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹9,095 | •••• |
| 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 of Formonex Solutions Private Limited
| Metrics | FY 2019-20 | FY 2018-19 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 3.9% | •••• |
| Net Profit Margin | 2.5% | •••• |
| 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 | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Formonex Solutions are in the company report.
Financial statements from FY 2019
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Formonex Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Formonex Solutions Private Limited
Formonex Solutions Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Formonex Solutions Private Limited
Employment history and EPFO contributions of people linked to Formonex Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Formonex Solutions Private Limited
Formonex Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF4914A1ZZ | Karnataka | Active | 23 Aug 2019 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- 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 Formonex Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- 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 Formonex Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- 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 Formonex Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- 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 Formonex Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Formonex Solutions Private Limited
Frequently Asked Questions about Formonex Solutions Private Limited
Formonex Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 10 September 2018 (8+ years old) and is registered under CIN U72900KA2018PTC116198.
Formonex Solutions reported revenue of ₹3.63 Lakh for FY 2020.
Formonex Solutions has 2 current directors:
- Avinash Siddesh Kondajji - Director
- Kondagi Siddsh Akash - Director
Formonex Solutions reported a net profit of ₹9,095 (net margin 2.5%) and EBITDA of ₹14,290 (EBITDA margin 3.9%) for FY 2020, as per its filed financial statements.
The GSTIN of Formonex Solutions is 29AADCF4914A1ZZ, registered in Karnataka.
The CIN (Corporate Identification Number) of Formonex Solutions is U72900KA2018PTC116198. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Formonex Solutions was incorporated on 10 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
The registered office of Formonex Solutions is at No17Old 545.Second Floor 8th Main Rpc Layout Vijaynagar 2nd Stage, Bangalore, Karnataka, India – 560040.
Formonex Solutions has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.