About FPS Innovation Labs Private Limited
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FPS Innovation Labs Private Limited is a foreign private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Full Potential Solutions Llc. It operates in the business process outsourcing sector. It was incorporated on 30 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U72501TN2019FTC129645. Its GSTIN is 33AADCF7537M1ZC (Tamil Nadu). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹17.5 Lakh. It is led by directors Amit Kumar Basak and Arnab Kumar Basak.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Chennai, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹26.42 Cr, a growth of 59% compared to the previous year. For the same year it recorded a net profit of ₹2.08 Cr (net margin 7.9%) and EBITDA of ₹3.1 Cr (EBITDA margin 11.7%). Revenue has grown at a compounded annual rate (CAGR) of 94% over three years.
The company is associated with 1 brand: Full Potential Solutions.
For more details, the company can be reached via its website fpsinc.com.
Company details
Contact details
FPS Innovation Labs Private Limited's registered office is in Chennai, Tamil Nadu. Its website is fpsinc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address147 First Floor Raj Paris Trimeni Towers, G N Chetty Road, Chennai, Tamil Nadu, India – 600017
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of FPS Innovation Labs Private Limited, buy the company report.
- 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
Brands
FPS Innovation Labs operates one associated brand: Full Potential Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Customer experience services are provided to businesses from Kansas City. | fpsinc.com |
Business activity
The main business activity of FPS Innovation Labs is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities |
To see the full business activity and turnover split of FPS Innovation Labs Private Limited, buy the company report.
Financials of FPS Innovation Labs Private Limited
FY 2024 filings availableFPS Innovation Labs Private Limited reported revenue of ₹26.42 Cr (up 59% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 94% over three years, including 59% growth in the latest year. EBITDA rose 93% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.1 Cr | ||||
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| Net Profit (PAT) | ₹2.08 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 11.7% | ||||
| Net Profit Margin | 7.9% | ||||
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To see the full financial statements and ratios of FPS Innovation Labs Private Limited, buy the company report.
Board of directors of FPS Innovation Labs Private Limited
FPS Innovation Labs has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Kumar Basak | Director | 30 May 2019 | 7 Years 5 Months | Current |
| Arnab Kumar Basak | Director | 30 May 2019 | 7 Years 5 Months | Current |
Auditor
FPS Innovation Labs Private Limited is audited by RRKV & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RRKV & ASSOCIATES | FY 2023 | 021617S |
Shareholding
The shareholding of FPS Innovation Labs Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of FPS Innovation Labs Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving FPS Innovation Labs 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 FPS Innovation Labs Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
FPS Innovation Labs has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AADCF7537M1ZC | Tamil Nadu | Active | 07 Aug 2019 |
| 27AADCF7537M1Z5 | Maharashtra | Active | 14 Oct 2024 |
To see the full GST registrations and return filing status of FPS Innovation Labs Private Limited, buy the company report.
Recent activity
FPS Innovation Labs Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Amit Kumar Basak was appointed as Director on 30 May 2019.
Frequently asked questions
FPS Innovation Labs is an active foreign private limited company based in Chennai, Tamil Nadu, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 30 May 2019 (7+ years old) and is registered under CIN U72501TN2019FTC129645.
FPS Innovation Labs has 2 current directors:
- Amit Kumar Basak - Director
- Arnab Kumar Basak - Director
The latest financial statements of FPS Innovation Labs on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of FPS Innovation Labs is 33AADCF7537M1ZC, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AADCF7537M1Z5 (Maharashtra).
The CIN (Corporate Identification Number) of FPS Innovation Labs is U72501TN2019FTC129645. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
FPS Innovation Labs was incorporated on 30 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chennai.
Amit Kumar Basak was appointed as Director on 30 May 2019. Arnab Kumar Basak was appointed as Director on 30 May 2019.
FPS Innovation Labs can be reached through the website fpsinc.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of FPS Innovation Labs is at 147 First Floor Raj Paris Trimeni Towers, G N Chetty Road, Chennai, Tamil Nadu, India – 600017.
FPS Innovation Labs operates in the business outsourcing industry, in the business process outsourcing segment.
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