Formula Corporate Solutions India Private Limited - Company Profile

It is a business services private limited company based in New Delhi, Delhi, India, established in 2004.

2004 New Delhi, Delhi, India Active

Last Updated: December 18, 2025

About Formula Corporate Solutions India Private Limited

Formula Corporate Solutions India Private Limited, a active private limited company, was established on 20 January 2004 in New Delhi, Delhi, India. Engaging in business support services within the support service to organizations sector, it holds CIN: U74999DL2004PTC124193. Registered under ROC Roc Delhi. it is unlisted. It has an authorized capital of ₹5.00 Cr and a paid-up capital of ₹2.95 Cr.

Formerly known as Formulaone Corporate Solutions Private Limited. It upholds a compliant status. Employing 147 professional, Its leadership includes Nikhilesh Bhowmick (Director), Raman Narula (Managing Director), Hiya Gupta (Director). Past directors included Ritu Narula, Nikhilesh Bhowmick, Raman Narula. It holds ₹2.43 Cr open charges and ₹7.83 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2024. It is based at 27, Community Centre East Of Kailash, New Delhi, Delhi, 110065.

Company Details

CIN/LLPIN
U74999DL2004PTC124193
Registration Number
124193
Incorporation Date
20 January 2004
Authorized Capital
₹5.00 Cr
Paid-Up Capital
₹2.95 Cr
ROC Code
Roc Delhi
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 5.00 Cr as on 18-12-2025
Paid Up Capital ₹ 2.95 Cr as on 18-12-2025
Company Age 22 Year, 26 Days
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 2.43 Cr as on 18-12-2025
Satisfied Charges ₹ 7.83 Cr as on 18-12-2025
Revenue Growth **** 78.31% (FY 2023)
Profit Growth **** 254.38% (FY 2023)
Ebitda **** 63.62% (FY 2023)
Net Worth -5.24% (FY 2023)
Total Assets -8.47% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Formula Corporate Solutions India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Formula Corporate Solutions India Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Nikhilesh Bhowmick	Director	01 Feb 2022	Current
Raman Narula	Managing Director	28 Jan 2004	Current
Hiya Gupta	Director	01 Jun 2023	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	01 Feb 2022	Past
Pramod Abcsdd	Additional Director	30 Sep 2022	Past
Pramod Abcsdd	Director	01 Jan 2015	Past
Pramod Abcsdd	Additional Director	28 Sep 2023	Past

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Financial Performance of Formula Corporate Solutions India.

Formula Corporate Solutions India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 78.31% increase. The company also saw a substantial improvement in profitability, with a 254.38% increase in profit. The company's net worth dipped by a decrease of 5.24%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

78.31%

*******

Revenue from Operations

*******

78.20%

*******

Total Assets

*******

-8.47%

*******

Profit or Loss

*******

254.38%

*******

Net Worth

*******

-5.24%

*******

EBITDA

*******

63.62%

*******

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What is the Ownership and Shareholding Structure of Formula Corporate Solutions India?

In 2022, Formula Corporate Solutions India had a promoter holding of 99.43% and a public holding of 0.57%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹24,288,467.00

Satisfied Charges

₹78,278,960.00

Charges Breakdown by Lending Institutions

Others : 1.65 Cr
Hdfc Bank Limited : 0.68 Cr
Canara Bank : 0.10 Cr

Latest Charge Details

Date	Lender	Amount	Status
05 Jun 2025	Others	₹1.99 M	Open
22 May 2025	Others	₹1.99 M	Open
22 May 2025	Others	₹1.99 M	Open
21 Oct 2024	Others	₹1.98 M	Open
21 Oct 2024	Others	₹1.98 M	Open

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How Many Employees Work at Formula Corporate Solutions India?

Formula Corporate Solutions India has a workforce of 147 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Formula Corporate Solutions India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Formula Corporate Solutions India's trajectory.

Rating

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Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Formula Corporate Solutions India

Recent Activity within the Organization

Annual General Meeting

Formula Corporate Solutions India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.
30 Sep 2025
Charges

Progress on A charge registered on 04 May 2023 via Charge ID 100725947 with Hdfc Bank Limited was fully satisfied on 25 Sep 2025. was documented.
25 Sep 2025
Charges

Progress on A charge registered on 07 Mar 2007 via Charge ID 10044131 with Canara Bank was fully satisfied on 17 Jul 2025. was documented.
17 Jul 2025
Charges

The activity A charge registered on 07 Mar 2007 via Charge ID 10044130 with Canara Bank was fully satisfied on 17 Jul 2025. was completed.
17 Jul 2025
Charges

The activity A charge registered on 28 Jun 2021 via Charge ID 100456284 with Hdfc Bank Limited was fully satisfied on 05 Jul 2025. was completed.
05 Jul 2025
Charges

A charge with Others amounted to Rs. 0.20 Cr with Charge ID 101108537 was registered on 05 Jun 2025. was recorded as a recent event.
05 Jun 2025

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