About Frigate Engineering Services Private Limited
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Frigate Engineering Services Private Limited is a private limited company based in Tiruchirappalli, Tamil Nadu, India, recognised as a startup by DPIIT. It operates in the engineering design and consultancy segment of the engineering sector. It was incorporated on 09 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U31900TN2021PTC141899. Its GSTIN is 33AAECF4808N1ZH (Tamil Nadu).
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹2.96 Lakh. It is led by directors including Vasanthan Tamizhinian and Iniyavan Vasanthan.
Its last annual general meeting (AGM) was held on 26 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Tiruchirappalli, Tamil Nadu.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.95 Cr, a growth of 145% compared to the previous year. For the same year it recorded a net loss of ₹3.61 Cr (net margin -17.2%) and EBITDA of -₹3.18 Cr (EBITDA margin -15.2%). Revenue has grown at a compounded annual rate (CAGR) of 351% over three years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Frigate. As per MCA filings, the company has open charges of ₹16 Cr on record. Court records list 3 cases involving the company, including 3 filed by the company; 3 cases are pending. The company has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹13.33 Cr; the latest was in May 2023. Its 10 peer companies in the Machinery and Equipment industry (Electronic Equipment and Components Manufacturing, Industrial Products Manufacturers) are compared by revenue, 5 larger and 5 smaller; the largest is Priyaanjas (OPC) Private Limited with revenue of ₹20.98 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website frigate.ai.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 10A First Floor V.V.Complex, Prakash Nagar Extension, Tiruchirappalli, Tamil Nadu, India – 620013
- IndustryEngineering, Engineering Design & Consultancy
- 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
- One PDF report, delivered after checkout
Business Activity of Frigate Engineering Services Private Limited
The main business activity of Frigate Engineering Services is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Frigate Engineering Services Private Limited FY 2025 filings available
Frigate Engineering Services Private Limited reported revenue of ₹20.95 Cr (up 145% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Frigate Engineering Services Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 351% over three years, including 145% growth in the latest year. EBITDA fell 58% 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 of Frigate Engineering Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | -₹3.18 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹3.61 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Frigate Engineering Services Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -15.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -17.2% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Frigate Engineering Services are in the company report.
Financial statements from FY 2021
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Frigate Engineering Services Private Limited
Frigate Engineering Services Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Electronic Equipment and Components Manufacturing, Industrial Products Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Priyaanjas (OPC) Private Limited | ₹20.98 Cr (FY 2025) | •••• | •••• | 9050.0% | •••• | Mumbai, Maharashtra, India |
| Abs Precision Private Limited | ₹20.97 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Faridabad, Haryana, India |
| Sritech Electronics and Systems Private Limited | ₹20.97 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Secunderabad, Telangana, India |
| Parthiv Poly-Extrusions Private Limited | ₹20.97 Cr (FY 2025) | •••• | •••• | -14.0% | •••• | Ahmedabad, Gujarat, India |
| Ultrafil Air Systems (India) Private Limited | ₹20.96 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Hyderabad, Telangana, India |
| Frigate Engineering Services Private Limited this company | ₹20.95 Cr (FY 2025) | •••• | •••• | 145.0% | •••• | Tiruchirappalli, Tamil Nadu, India |
| Essen Welding Alloys Private Limited | ₹20.95 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Pune, Maharashtra, India |
| Argus Embedded Systems Private Limited | ₹20.94 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Hyderabad, Telangana, India |
| Creative Carbon Private Limited | ₹20.93 Cr (FY 2025) | •••• | •••• | -7.0% | •••• | Ahmedabad, Gujarat, India |
| Sri Parameshwara Engineering Solutions Private Limited | ₹20.88 Cr (FY 2024) | •••• | •••• | -19.0% | •••• | Hyderabad, Telangana, India |
| Damper Technology India Private Limited | ₹20.85 Cr (FY 2024) | •••• | •••• | 18.0% | •••• | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Frigate Engineering Services by revenue in the Machinery and Equipment industry (Electronic Equipment and Components Manufacturing, Industrial Products Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Frigate Engineering Services Private Limited
Frigate Engineering Services Private Limited is audited by G R A D & Company for the financial year 2024.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G R A D & Company | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Frigate Engineering Services Private Limited
Frigate Engineering Services has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vasanthan Tamizhinian | Director | 09 Mar 2021 | 5 Years 7 Months | Current |
| Iniyavan Vasanthan | Director | 22 Mar 2022 | 4 Years 6 Months | Current |
| Arun Raghavan Lakshminarayanan Also directs: Arali Ventures LLP, Arali Investment Manager LLP, Arali Ventures Sponsor LLP and 5 more | Director | 31 Mar 2025 | 1 Years 6 Months | Current |
Ownership and Shareholding of Frigate Engineering Services Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Frigate Engineering Services Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Aug 2024 | Others | ₹16 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Frigate Engineering Services Private Limited
Frigate Engineering Services Private Limited has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹13.33 Cr; the latest was in May 2023.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| May 2023 | Funding round · Seed | ₹11.95 Cr | Investors: Arali Ventures, Capital A, Java Capital |
| Jun 2022 | Funding round · Pre-seed | ₹1.38 Cr | Investors: 4 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 3 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Frigate Engineering Services Private Limited
Frigate Engineering Services Private Limited has 3 court cases on record: 3 filed by Frigate Engineering Services. All cases are pending. Status as checked between 21 Sep 2026 and 29 Sep 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 2 |
| District courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Arbitration matter | Filed by the company against Tzar Industries Private Limited | Pending |
| Madras High Court | Arbitration matter | Filed by the company against an individual | Pending |
| District court, Tiruchirappalli, Tamil Nadu | Criminal miscellaneous application | Filed by the company against Sri Sai Hari Traders | Pending |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Associated Brands with Frigate Engineering Services Private Limited
Frigate Engineering Services operates one associated brand: Frigate. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of on-demand manufacturing services and new product development | frigate.ai |
Employees and EPFO Compliance at Frigate Engineering Services Private Limited
Employment history and EPFO contributions of people linked to Frigate Engineering Services.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Frigate Engineering Services Private Limited
Recent Activity on Frigate Engineering Services Private Limited
Frigate Engineering Services Private Limited has 7 board changes on record since 2021: 5 appointments and 2 cessations. The latest: Arun Raghavan Lakshminarayanan was appointed as Director on 31 Mar 2025.
Credit Ratings, Litigation & Regulatory Alerts for Frigate Engineering Services Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Frigate Engineering Services Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Frigate Engineering Services Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Frigate Engineering Services Private Limited
Frigate Engineering Services has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAECF4808N1ZH | Tamil Nadu | Active | 30 Mar 2021 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Frigate Engineering Services Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Frigate Engineering Services Private Limited
Frigate Engineering Services is an active private limited company based in Tiruchirappalli, Tamil Nadu, India. The company works in engineering design and consultancy, within the engineering industry. It was incorporated on 09 March 2021 (5+ years old) and is registered under CIN U31900TN2021PTC141899.
Frigate Engineering Services reported revenue of ₹20.95 Cr for FY 2025 (up 145% YoY).
Frigate Engineering Services has 3 current directors:
- Vasanthan Tamizhinian - Director
- Iniyavan Vasanthan - Director
- Arun Raghavan Lakshminarayanan - Director
Frigate Engineering Services reported a net loss of ₹3.61 Cr (net margin -17.2%) and EBITDA of -₹3.18 Cr (EBITDA margin -15.2%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Frigate Engineering Services is 351% over three years. In the latest year (FY 2025) revenue rose 145%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Frigate Engineering Services is 33AAECF4808N1ZH, registered in Tamil Nadu.
The CIN (Corporate Identification Number) of Frigate Engineering Services is U31900TN2021PTC141899. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frigate Engineering Services has 3 court cases on record: 3 filed by the company. 3 are pending. Most are in the high courts.
Frigate Engineering Services was incorporated on 09 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Chennai.
Frigate Engineering Services has 3 deals on record (2 funding rounds, 1 secondary share transfer), with disclosed funding of ₹13.33 Cr; the latest was in May 2023.
The peers of Frigate Engineering Services by revenue are Priyaanjas (OPC) Private Limited, Abs Precision Private Limited, Sritech Electronics and Systems Private Limited, Parthiv Poly-Extrusions Private Limited, Ultrafil Air Systems (India) Private Limited and 5 more, all in the Machinery and Equipment industry (Electronic Equipment and Components Manufacturing, Industrial Products Manufacturers).