Frontier Business Systems Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 1.00 Cr
- Company Age 30 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 20.00 Cr
- Revenue Growth -14.84%
- Profit Growth -4.44%
- Ebitda 14.91%
- Net Worth 10.29%
- Total Assets 13.77%
About Frontier Business Systems
Frontier Business Systems Private Limited (FBSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 August 1994 and has a history of 30 years and nine months. Its registered office is in Bangaluru, Karnataka, India.
The Company is engaged in the Information Technology Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹20.00 Cr.
Ravi Verdes and Andrew Verdes serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67120KA1994PTC016155
- Company No.
016155
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Aug 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Information Technology
What products or services does Frontier Business Systems Private Limited offer?
Frontier Business Systems Private Limited offers a wide range of products and services, including Computer and Networking Solutions, Networking Solutions, Business Planning and Management, Business Consultant, Internet Marketing & Promotion, Email Marketing, IT Infrastructure Solution, Infrastructure Management Services, IT Solutions, IT Virtualization Services.
Frontier Business Systems Private Limited
Explore comprehensive data for Frontier Business Systems Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Frontier Business Systems?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravi Verdes  | Managing Director | 26-Aug-1994 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Andrew Verdes | Director | 27-Dec-2021 | Current |
Financial Performance of Frontier Business Systems.
Frontier Business Systems Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.84% decrease. The company also saw a slight decrease in profitability, with a 4.44% decrease in profit. The company's net worth Soared by an impressive increase of 10.29%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Frontier Business Systems?
In 2024, Frontier Business Systems had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Crimson Cloud Private LimitedRavi Verdes is a mutual person
Charges (Loans)
Open Charges
₹20.00 Cr
Satisfied Charges
₹0
Charges Breakdown by Lending Institutions
- Citi Bank N.A. : 20.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Jun 2001 | Citi Bank N.A. | ₹20.00 Cr | Open |
How Many Employees Work at Frontier Business Systems?
Frontier Business Systems has a workforce of 608 employees as of Feb 25, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Frontier Business Systems, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Frontier Business Systems's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Frontier Business Systems
Recent activity within the organization
- Annual General Meeting
Frontier Business Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Frontier Business Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Andrew Mark Verdes was appointed as a Director was appointed as a Director on 27 Dec 2021 & has been associated with this company since 3 years 5 months .
- Charges
A charge with Citi Bank N.A. of Rs. 20.00 Cr registered on 14 Jun 2001 with Charge ID 80034501 was modified on 19 Feb 2020.
- Charges
A charge with Citi Bank N.A. amounted to Rs. 20.00 Cr with Charge ID 80034501 was registered on 14 Jun 2001.
- Director Appointment
Ravi Marcelino Verdes was appointed as a Managing Director was appointed as a Managing Director on 26 Aug 1994 & has been associated with this company since 30 years 9 months .
Recent News, Updates & Announcement
Frequently asked questions
What is the Incorporation or founding date of Frontier Business Systems Private Limited?
Frontier Business Systems Private Limited was incorporated on 26 Aug 1994.
What is authorized share capital and paid-up capital of Frontier Business Systems Private Limited?
The authorized share capital of Frontier Business Systems Private Limited is ₹ 2.50 Cr and paid-up capital is ₹ 1.00 Cr.
Who are the current board members & directors of Frontier Business Systems Private Limited?
Currently 2 directors are associated with Frontier Business Systems Private Limited.
- Ravi Marcelino Verdes
- Andrew Mark Verdes
What is the registered address of Frontier Business Systems Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Frontier Business Systems Private Limited is No.3, Wood Street India, Bangalore, Karnataka, 560025.
What is the corporate identification number (CIN) and company number of Frontier Business Systems Private Limited?
The corporate identification number (CIN) of Frontier Business Systems Private Limited is U67120KA1994PTC016155 and the company number is 016155 as per Ministry of Corporate Affairs (MCA).
What is the official website of Frontier Business Systems Private Limited?
The Official website of Frontier Business Systems Private Limited is https://www.frontier.in
What has been the recent revenue trend for Frontier Business Systems Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Frontier Business Systems Private Limited has fallen by -14.84%.
How many employees does Frontier Business Systems Private Limited currently have?
As Per 2023 financial reports, 608 employees are currently employed by Frontier Business Systems Private Limited.
What change has been observed in the net worth of Frontier Business Systems Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Frontier Business Systems Private Limited has experienced an upsurge of 10.29%.
What are the total open charges for Frontier Business Systems Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Frontier Business Systems Private Limited amount to ₹ 20.00 Cr.
When was the last Balance Sheet of Frontier Business Systems Private Limited filed with the ROC?
The most recent Balance Sheet for Frontier Business Systems Private Limited was filed with the ROC on 31 Mar 2024.
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