Frest Systems India Private Limited
About Frest Systems India Private Limited
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Frest Systems India Private Limited is a private limited company based in Thane, Maharashtra, India. It operates in the software development and IT solutions segment of the software and technology sector. It was incorporated on 06 March 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72200MH2019PTC322243.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Shiju Narayan Suthen and Lathika Suthen Narayan.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sai Darshan Dham Chs Ltd C Wing Flat – 5 Old Dombivli (West), Thane, Maharashtra, India – 421202.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.47 Lakh, a growth of 52% compared to the previous year. For the same year it recorded a net loss of ₹12.36 Lakh (net margin -165.5%) and EBITDA of -₹11.71 Lakh (EBITDA margin -156.8%).
Company details
Contact details
Frest Systems India Private Limited's registered office is in Thane, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressSai Darshan Dham Chs Ltd C Wing Flat – 5 Old Dombivli (West), Thane, Maharashtra, India – 421202
- IndustrySoftware, Software Development, Software Publishing
To see the full contact details of Frest Systems India 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
Business activity
The main business activity of Frest Systems India is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Frest Systems India Private Limited, buy the company report.
Financials of Frest Systems India Private Limited
FY 2025 filings availableFrest Systems India Private Limited reported revenue of ₹7.47 Lakh (up 52% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 52% in the latest year. EBITDA rose 12% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹11.71 Lakh | ||||
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| Net Profit (PAT) | -₹12.36 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -156.8% | ||||
| Net Profit Margin | -165.5% | ||||
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To see the full financial statements and ratios of Frest Systems India Private Limited, buy the company report.
Board of directors of Frest Systems India Private Limited
Frest Systems India has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shiju Narayan Suthen | Director | 11 Jul 2023 | 3 Years 3 Months | Current |
| Lathika Suthen Narayan | Director | 06 Mar 2019 | 7 Years 7 Months | Current |
| Shantala Shiju Narayan | Director | 06 Mar 2019 | 7 Years 7 Months | Current |
Peer comparison
Frest Systems India Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (other professional, scientific and technical activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vetofiat Tech Private Limited | ₹7.48 Lakh (FY 2021) | Bangalore, Karnataka, India | ||||
| Yoobikwiti Technologies Private Limited | ₹7.48 Lakh (FY 2024) | Bangalore, Karnataka, India | ||||
| Rightbot Private Limited | ₹7.47 Lakh (FY 2022) | 0.0% | Bangalore, Karnataka, India | |||
| LMFB Technologies Private Limited | ₹7.47 Lakh (FY 2023) | Kaithal, Haryana, India | ||||
| Yatanti Infosystems Private Limited | ₹7.47 Lakh (FY 2024) | 87.0% | New Delhi, Delhi, India | |||
| Frest Systems India Private Limitedthis company | ₹7.47 Lakh (FY 2025) | -₹12.36 Lakh | -165.5% | 52.0% | Thane, Maharashtra, India | |
| Grotri Solutions Private Limited | ₹7.47 Lakh (FY 2018) | Chennai, Tamil Nadu, India | ||||
| Micromach Innovations Private Limited | ₹7.47 Lakh (FY 2025) | 98.0% | Dombivali, Thane, Maharashtra, India | |||
| N.D. Planners & Interiors Private Limited | ₹7.47 Lakh (FY 2018) | 788.0% | New Delhi, Delhi, India | |||
| Guna Advisory Private Limited | ₹7.47 Lakh (FY 2025) | 515.0% | Hyderabad, Telangana, India | |||
| Spacebility Private Limited | ₹7.47 Lakh (FY 2024) | -24.0% | Ghaziabad, Uttar Pradesh, India |
To see the full peer comparison of Frest Systems India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Frest Systems India 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 Frest Systems India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Frest Systems India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Frest Systems India Private Limited has 4 board changes on record since 2019: 3 appointments and 1 cessation. The latest: Shiju Narayan Suthen ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Frest Systems India is an active private limited company based in Thane, Maharashtra, India. The company works in software development, within the software industry. It was incorporated on 06 March 2019 (7+ years old) and is registered under CIN U72200MH2019PTC322243.
Frest Systems India has 3 current directors:
- Shiju Narayan Suthen - Director
- Lathika Suthen Narayan - Director
- Shantala Shiju Narayan - Director
The latest financial statements of Frest Systems India on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2019 are in the company report.
The CIN (Corporate Identification Number) of Frest Systems India is U72200MH2019PTC322243. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frest Systems India was incorporated on 06 March 2019, making it 7+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Frest Systems India by revenue are Vetofiat Tech Private Limited, Yoobikwiti Technologies Private Limited, Rightbot Private Limited, LMFB Technologies Private Limited, Yatanti Infosystems Private Limited and 5 more, all in the same principal business activity (other professional, scientific and technical activities).
Shiju Narayan Suthen ceased to be Additional Director on 29 Sep 2023. Shiju Narayan Suthen was appointed as Director on 11 Jul 2023. Lathika Suthen Narayan was appointed as Director on 06 Mar 2019. Frest Systems India has 4 board changes on record in total.
The registered office of Frest Systems India is at Sai Darshan Dham Chs Ltd C Wing Flat – 5 Old Dombivli West, Thane, Maharashtra, India – 421202.
Frest Systems India operates in the software industry, in the software development segment.
Frest Systems India can be reached at its registered office: Sai Darshan Dham Chs Ltd C Wing Flat – 5 Old Dombivli West, Thane, Maharashtra, India – 421202.
Frest Systems India is registered under the jurisdiction of the Registrar of Companies (ROC), Mumbai.