- Category
- Micro (2023-24)
- Udyam number
- UDYAM-UP-28-0034457

Friends Business Solutions Private Limited
About Friends Business Solutions Private Limited
Data last updated:
Friends Business Solutions Private Limited is a private limited company based in Noida, Uttar Pradesh, India. It operates in the business process outsourcing sector. It was incorporated on 28 October 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U72300UP2014PTC066746. Its GSTIN is 09AADCI6594F1Z8 (Uttar Pradesh).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Izra Technologies Private Limited. It is led by directors Madhavi Rawat and Pooja Rawat.
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 Office No 306 3rd Floor Plot No A – 37 Sector – 63, Noida, Uttar Pradesh, India – 201301.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.26 Cr, a decline of 18% compared to the previous year. For the same year it recorded a net loss of ₹67,134 (net margin -0.5%) and EBITDA of ₹7.62 Lakh (EBITDA margin 6%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 66% over five years.
As per MCA filings, the company has open charges of ₹1.6 Cr on record.
Friends Business Solutions Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-28-0034457). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Friends Business Solutions
Contact details
Friends Business Solutions Private Limited's registered office is in Noida, Uttar Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressOffice No 306 3rd Floor Plot No A – 37 Sector – 63, Noida, Uttar Pradesh, India – 201301
- IndustryBusiness Outsourcing, Business Process Outsourcing
To see the full contact details of Friends Business Solutions 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 Friends Business Solutions is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Friends Business Solutions Private Limited, buy the company report.
Financials of Friends Business Solutions Private Limited
FY 2025 filings availableFriends Business Solutions Private Limited reported revenue of ₹1.26 Cr (down 18% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 66%. EBITDA fell 62% 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 | ₹7.62 Lakh | ||||
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| Net Profit (PAT) | -₹67,134 | ||||
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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 | 6% | ||||
| Net Profit Margin | -0.5% | ||||
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To see the full financial statements and ratios of Friends Business Solutions Private Limited, buy the company report.
Board of directors of Friends Business Solutions Private Limited
Friends Business Solutions has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Madhavi Rawat | Director | 28 Oct 2014 | 12 Years 0 Months | Current |
| Pooja Rawat Also directs: Rio Montana LLP | Director | 01 Jan 2018 | 8 Years 10 Months | Current |
Auditor
Friends Business Solutions Private Limited is audited by AJIT BANSAL & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AJIT BANSAL & ASSOCIATES | FY 2022 | 017747C |
Shareholding
The shareholding of Friends Business Solutions Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Friends Business Solutions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 22 Jan 2026 | 101235545 | Others | ₹1.6 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Friends Business Solutions 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 Friends Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Friends Business Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AADCI6594F1Z8 | Uttar Pradesh | Active | 02 Mar 2020 |
To see the full GST registrations and return filing status of Friends Business Solutions Private Limited, buy the company report.
Recent activity
Friends Business Solutions Private Limited has 3 board changes on record since 2014: 2 appointments and 1 cessation. The latest: Hitender Singh Rawat ceased to be Director on 15 Jan 2018.
Frequently asked questions
Friends Business Solutions is an active private limited company based in Noida, Uttar Pradesh, India. The company works in business process outsourcing, within the business outsourcing industry. It was incorporated on 28 October 2014 (12+ years old) and is registered under CIN U72300UP2014PTC066746.
Friends Business Solutions has 2 current directors:
- Madhavi Rawat - Director
- Pooja Rawat - Director
The latest financial statements of Friends Business Solutions 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 2015 are in the company report.
The GSTIN of Friends Business Solutions is 09AADCI6594F1Z8, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Friends Business Solutions is U72300UP2014PTC066746. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Friends Business Solutions was incorporated on 28 October 2014, making it 12+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Hitender Singh Rawat ceased to be Director on 15 Jan 2018. Pooja Rawat was appointed as Director on 01 Jan 2018. Madhavi Rawat was appointed as Director on 28 Oct 2014.
Yes, Friends Business Solutions is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-28-0034457).
The registered office of Friends Business Solutions is at Office No 306 3rd Floor Plot No A – 37 Sector – 63, Noida, Uttar Pradesh, India – 201301.
Friends Business Solutions operates in the business outsourcing industry, in the business process outsourcing segment.

