Fristine Infotech Private Limited

Fristine Infotech Private Limited - information technology in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN U72300MH2015PTC270912 Incorporated 11 December 2015 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company information technology MSME · Micro
Data last updated
Revenue · FY 2024
₹4.56 Cr
▲ 60% YoY
Net profit · FY 2024
₹30.87 Lakh
Net margin 6.8%
EBITDA · FY 2024
₹51.96 Lakh
EBITDA margin 11.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
11 yrs
Est. 2015
Employees · EPFO
38
Provident fund records
Directors on board
2
As per MCA filings

About Fristine Infotech Private Limited

Data last updated:

Fristine Infotech Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the software development and support services segment of the technology and IT services sector. It was incorporated on 11 December 2015 and has been in existence for over 11 years.

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72300MH2015PTC270912. Its GSTIN is 27AACCF7088C1ZL (Maharashtra).

The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Modi Prasun Muljibhai and Priti Prasun Modi.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at B/5 Haridwar Mathuradas Road Kandivali West, Mumbai, Maharashtra, India – 400067.

As per the financials filed for FY 2024, the company reported a revenue of ₹4.56 Cr, a growth of 60% compared to the previous year. For the same year it recorded a net profit of ₹30.87 Lakh (net margin 6.8%) and EBITDA of ₹51.96 Lakh (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 92% over three years and 64% over five years.

The company has about 38 employees on its provident fund (EPFO) records.

The company is associated with 1 brand: Fristine Infotech.

Fristine Infotech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0007791). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website fristinetech.com.

Company details

CIN U72300MH2015PTC270912
Registration Number 270912
Incorporation Date 11 December 2015
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-MH-18-0007791

Recognitions & Rankings of Fristine Infotech

MSME (Udyam registered) Ministry of MSME
Category
Micro (2024-25)
Udyam number
UDYAM-MH-18-0007791

Contact details

Fristine Infotech Private Limited's registered office is in Mumbai, Maharashtra. Its website is fristinetech.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Social Media
  • Registered Address
    B/5 Haridwar Mathuradas Road Kandivali West, Mumbai, Maharashtra, India – 400067
  • Industry
    Information Technology, Software Development & Support Services

To see the full contact details of Fristine Infotech Private Limited, buy the company report.

Comprehensive company report
Fristine Infotech 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

Fristine Infotech operates one associated brand: Fristine Infotech. Each brand links to its own profile.

BrandDescriptionWebsite
Offers Zoho CRM, Desk implementation and support for various industries.fristinetech.com

Business activity

The main business activity of Fristine Infotech is information and communication. In detail, this covers other information & communication service activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
JInformation and communicationJ8Other information & communication service activities

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

Financials of Fristine Infotech Private Limited

FY 2024 filings available

Fristine Infotech Private Limited reported revenue of ₹4.56 Cr (up 60% YoY) for FY 2024.

Revenue · FY 2024
₹4.56 Cr ▲ 60%
Net profit · FY 2024
₹30.87 Lakh margin 6.8%
EBITDA · FY 2024
₹51.96 Lakh margin 11.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 60%
3 years · compounded
▲ 92%
5 years · compounded
▲ 64%
EBITDA CAGR growth
1 year
▲ 56%
3 years · compounded
▲ 123%
5 years · compounded
▲ 58%

Revenue has grown at a compounded annual rate (CAGR) of 64% over five years, including 60% growth in the latest year. EBITDA rose 56% 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
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₹51.96 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹30.87 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 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin11.4%
Net Profit Margin6.8%
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 Fristine Infotech Private Limited, buy the company report.

Board of directors of Fristine Infotech Private Limited

Fristine Infotech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Modi Prasun MuljibhaiDirector11 Dec 201510 Years 10 MonthsCurrent
Priti Prasun ModiDirector23 Nov 20169 Years 11 MonthsCurrent

Auditor

Fristine Infotech Private Limited is audited by HJT & Associates for the financial year 2023.

Auditor firmFinancial yearFirm registration number
HJT & AssociatesFY 2023147312

Shareholding

The shareholding of Fristine Infotech Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2021FY 2020FY 2019FY 2018
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Fristine Infotech Private Limited, buy the company report.

MSME payment delays

Fristine Infotech Private Limited has 6 MSME Form 1 returns on record between 2023 and 2024, listing 57 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (4 of 4)

SupplierAmount dueDue sinceReported on
SVT Advisors Private Limited
Batiya Legal
Adhir Info
Optimhire Software Solutions Private Limited

To see the full MSME payment records of Fristine Infotech Private Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

Fristine Infotech Private Limited has a workforce of 38 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.

Employee count
38
Active EPFO establishments
1
Employee growth
46.15%

GST

Fristine Infotech has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
27AACCF7088C1ZLMaharashtraActive29 Jan 2018

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

Recent activity

Fristine Infotech Private Limited has 4 board changes on record since 2015: 2 appointments and 2 cessations. The latest: Priti Prasun Modi ceased to be Additional Director on 28 Sep 2017.

AGM
Fristine Infotech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Fristine Infotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Priti Prasun Modi ceased to be Additional Director.
Ceased
Pratik Prasun Modi ceased to be Director.
Appointed
Priti Prasun Modi was appointed as Director.
Appointed
Modi Prasun Muljibhai was appointed as Director.
Incorporation
11 Dec 2015
Fristine Infotech Private Limited was registered on 11 Dec 2015 with Roc Mumbai & aged 10 years 10 months as per MCA records.

Frequently asked questions

Fristine Infotech is an active private limited company based in Mumbai, Maharashtra, India. The company works in software development and support services, within the information technology industry. It was incorporated on 11 December 2015 (11+ years old) and is registered under CIN U72300MH2015PTC270912.

Fristine Infotech has 2 current directors:

The latest financial statements of Fristine Infotech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2016 are in the company report.

The GSTIN of Fristine Infotech is 27AACCF7088C1ZL, registered in Maharashtra.

The CIN (Corporate Identification Number) of Fristine Infotech is U72300MH2015PTC270912. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Fristine Infotech was incorporated on 11 December 2015, making it 11+ years old. It is registered with the Registrar of Companies, Mumbai.

Priti Prasun Modi ceased to be Additional Director on 28 Sep 2017. Pratik Prasun Modi ceased to be Director on 10 Dec 2016. Priti Prasun Modi was appointed as Director on 23 Nov 2016. Fristine Infotech has 4 board changes on record in total.

Yes, Fristine Infotech is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-18-0007791).

Fristine Infotech has 6 MSME Form 1 returns on record between 2023 and 2024, listing 57 overdue payments to 4 micro and small suppliers. The latest return was filed on 01 May 2024.

Fristine Infotech can be reached through the website fristinetech.com. Its registered office is in Mumbai, Maharashtra, India.

The registered office of Fristine Infotech is at B5 Haridwar Mathuradas Road Kandivali West, Mumbai, Maharashtra, India – 400067.