Frakoin Technologies Private Limited

Frakoin Technologies Private Limited - information technology in Gurgaon, Haryana, India. Directors, charges & compliance details.
CIN U72900HR2016PTC066411 Incorporated 17 November 2016 ROC Delhi HQ Gurgaon, Haryana, India
Merged Private Limited Company information technology
Data last updated
Revenue · FY 2021
₹60.44 Lakh
▼ 48% YoY
Net loss · FY 2021
₹26.64 Lakh
Net margin -44.1%
EBITDA · FY 2021
-₹24.53 Lakh
EBITDA margin -40.6%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
10 yrs
Est. 2016
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Frakoin Technologies Private Limited

Data last updated:

Frakoin Technologies Private Limited was a private limited company based in Gurgaon, Haryana, India, operated as a subsidiary of Binary Semantics Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the geographic information system (gis) solutions segment of the technology and IT services sector. It was incorporated on 17 November 2016.

The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U72900HR2016PTC066411. Its GSTIN is 06AACCF9575G1ZD (Haryana).

The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Ashima Choudhary and Akhil Choudhary.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Plot No. – 38 Electronic City Sector – 18, Gurgaon, Haryana, India – 122015.

As per the financials filed for FY 2021, the company reported a revenue of ₹60.44 Lakh, a decline of 48% compared to the previous year. For the same year it recorded a net loss of ₹26.64 Lakh (net margin -44.1%) and EBITDA of -₹24.53 Lakh (EBITDA margin -40.6%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years.

The company was associated with 1 brand: Frakoin.

The last known website on record is frakoin.com.

Company details

CIN U72900HR2016PTC066411
Registration Number 066411
Incorporation Date 17 November 2016
ROC Delhi
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Parent Company Binary Semantics Limited
Compliance Status Active Compliant

Contact details

Frakoin Technologies Private Limited's registered office is in Gurgaon, Haryana. Its website is frakoin.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    Plot No. – 38 Electronic City Sector – 18, Gurgaon, Haryana, India – 122015
  • Industry
    Information Technology, Geographic Information System (GIS) Solutions

To see the full contact details of Frakoin Technologies Private Limited, buy the company report.

Comprehensive company report
Frakoin Technologies 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

Frakoin Technologies operates one associated brand: Frakoin. Each brand links to its own profile.

BrandDescriptionWebsite
Offers GPS tracking devices and services for vehicle and cargo monitoring.frakoin.com

Business activity

The main business activity of Frakoin Technologies is information and communication. In detail, this covers data processing, hosting and related activities; web portal.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ7Data processing, hosting and related activities; web portal

To see the full business activity and turnover split of Frakoin Technologies Private Limited, buy the company report.

Financials of Frakoin Technologies Private Limited

FY 2021 filings available

Frakoin Technologies Private Limited reported revenue of ₹60.44 Lakh (down 48% YoY) for FY 2021.

Revenue · FY 2021
₹60.44 Lakh ▼ 48%
Net loss · FY 2021
₹26.64 Lakh margin -44.1%
EBITDA · FY 2021
-₹24.53 Lakh margin -40.6%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 48%
3 years · compounded
▼ 58%
EBITDA CAGR growth
1 year
▲ 75%
3 years · compounded
▲ 59%

Revenue has declined at a compounded annual rate (CAGR) of 58% over three years, including a 48% fall in the latest year. EBITDA rose 75% 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA-₹24.53 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹26.64 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 2020-21FY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
EBITDA Margin-40.6%
Net Profit Margin-44.1%
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 Frakoin Technologies Private Limited, buy the company report.

Board of directors of Frakoin Technologies Private Limited

Frakoin Technologies has 2 directors on record. No former directors are listed.

Directors (as last reported)
NameDesignationAppointment DateTenureStatus
Ashima ChoudharyDirector17 Nov 20169 Years 11 MonthsAs last reported
Akhil ChoudharyDirector17 Nov 20169 Years 11 MonthsAs last reported

Auditor

Frakoin Technologies Private Limited is audited by A A R K & CO LLP for the financial year 2018.

Auditor firmFinancial yearFirm registration number
A A R K & CO LLPFY 2018016641N

Shareholding

The shareholding of Frakoin Technologies Private Limited is on record for 2 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2018FY 2017
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Frakoin Technologies Private Limited, buy the company report.

MSME payment delays

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

GST

Frakoin Technologies has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
06AACCF9575G1ZDHaryanaActive27 Nov 2017

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

Recent activity

Frakoin Technologies Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Akhil Choudhary was appointed as Director on 17 Nov 2016.

AGM
Frakoin Technologies Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Filing
Frakoin Technologies Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Delhi.
Appointed
Akhil Choudhary was appointed as Director.
Appointed
Ashima Choudhary was appointed as Director.
Incorporation
17 Nov 2016
Frakoin Technologies Private Limited was registered on 17 Nov 2016 with Roc Delhi & aged 9 years 11 months as per MCA records.

Frequently asked questions

Frakoin Technologies has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Frakoin Technologies was a private limited company based in Gurgaon, Haryana, India. The company worked in geographic information system (gis) solutions, within the information technology industry. It was incorporated on 17 November 2016 and is registered under CIN U72900HR2016PTC066411. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.

Frakoin Technologies was incorporated on 17 November 2016. It is registered with the Registrar of Companies, Delhi.

Frakoin Technologies had 2 directors:

The CIN (Corporate Identification Number) of Frakoin Technologies is U72900HR2016PTC066411. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The registered office of Frakoin Technologies is at Plot No. – 38 Electronic City Sector – 18, Gurgaon, Haryana, India – 122015.

Frakoin Technologies can be reached through the website frakoin.com. Its registered office is in Gurgaon, Haryana, India.

The latest financial statements of Frakoin Technologies on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Frakoin Technologies is 06AACCF9575G1ZD, registered in Haryana.

Frakoin Technologies operated in the information technology industry, in the geographic information system (gis) solutions segment.