MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0061751
FSP Solutions Private Limited - information technology in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹10.3 Cr
▲ 30% YoY
Net profit · FY 2024
₹28.09 Lakh
Net margin 2.7%
EBITDA · FY 2024
₹42.14 Lakh
EBITDA margin 4.1%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹20 Lakh
Issued & subscribed
Open charges
₹75 Lakh
Satisfied ₹50 Lakh
Company age
8 yrs
Est. 2018
Employees · EPFO
179
Provident fund records
About FSP Solutions Private Limited
Data last updated:
FSP Solutions Private Limited is a private limited company based in Bangalore, Karnataka, India, a subsidiary of Nexera People Solutions Private Limited. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 21 June 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2018PTC114141. Its GSTIN is 29AADCF4327M1ZB (Karnataka).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Amaregowda Patil and Venkatesh Korti Deepak.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹10.3 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹28.09 Lakh (net margin 2.7%) and EBITDA of ₹42.14 Lakh (EBITDA margin 4.1%). Revenue has grown at a compounded annual rate (CAGR) of 22% over three years and 55% over five years.
The company has about 179 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Final Search and FSP Solutions. As per MCA filings, the company has open charges of ₹75 Lakh and satisfied charges of ₹50 Lakh on record. The company has 3 deals on record (1 rights issue, 1 secondary share transfer, 1 funding round), with disclosed funding of ₹10 Lakh; the latest was in March 2020.
FSP Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0061751). For more details, the company can be reached via its website finalsearch.io.
Company details
CIN U74999KA2018PTC114141
Registration Number 114141
Incorporation Date 21 June 2018
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Nexera People Solutions Private Limited
MSME Classification Small
Udyam Registration UDYAM-KR-03-0061751
Recognitions & Rankings of FSP Solutions
Contact details
FSP Solutions Private Limited's registered office is in Bangalore, Karnataka. Its website is finalsearch.io. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address47/2 – 2 (Second Floor) South End Road, Basavanagudi, Bangalore, Karnataka, India – 560004
- IndustryInformation Technology, IT Consulting & Support Services
To see the full contact details of FSP Solutions Private Limited, buy the company report.
Comprehensive company report
FSP Solutions 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
FSP Solutions operates two associated brands: Final Search and FSP Solutions. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides IT infrastructure, cybersecurity, cloud computing, and talent acquisition services. | finalsearch.io | |
| Provides short-term insurance for individuals and businesses in the financial industry. | fspsolutions.com |
Business activity
The main business activity of FSP Solutions is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of FSP Solutions Private Limited, buy the company report.
Financials of FSP Solutions Private Limited
FY 2025 filings availableFSP Solutions Private Limited reported revenue of ₹10.3 Cr (up 30% YoY) for FY 2024.
Revenue · FY 2024
₹10.3 Cr ▲ 30%
Net profit · FY 2024
₹28.09 Lakh margin 2.7%
EBITDA · FY 2024
₹42.14 Lakh margin 4.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 22%
5 years · compounded
▲ 55%
EBITDA CAGR growth
1 year
▲ 55%
3 years · compounded
▲ 32%
5 years · compounded
▲ 86%
Revenue has grown at a compounded annual rate (CAGR) of 55% over five years, including 30% growth in the latest year. EBITDA rose 55% 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 |
|---|---|---|---|---|---|
| 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 | ₹42.14 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹28.09 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.1% | ||||
| Net Profit Margin | 2.7% | ||||
| 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 FSP Solutions Private Limited, buy the company report.
Board of directors of FSP Solutions Private Limited
FSP Solutions has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amaregowda Patil | Director | 23 May 2023 | 3 Years 5 Months | Current |
| Venkatesh Korti Deepak | Director | 06 May 2019 | 7 Years 6 Months | Current |
| Rekha Reddy | Director | 03 Jan 2025 | 1 Years 10 Months | Current |
Auditor
FSP Solutions Private Limited is audited by M S Ramesh and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S Ramesh and Associates | FY 2023 | 224531 |
Shareholding
The shareholding of FSP Solutions 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of FSP Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹75 Lakh
Satisfied charges
₹50 Lakh
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Jul 2023 | 100756949 | Others | ₹75 Lakh | Open | |
| 16 Feb 2021 | 100480885 | Canara Bank | ₹50 Lakh | Satisfied |
To see the full charge records of FSP Solutions Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
FSP Solutions Private Limited has 3 deals on record (1 rights issue, 1 secondary share transfer, 1 funding round), with disclosed funding of ₹10 Lakh; the latest was in March 2020.
Total deals
3
Rights issue
1
Secondary share transfer
1
Funding round
1
Disclosed funding
₹10 Lakh
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2020 | Rights issue | ₹90 Lakh | Investors: 2 individuals |
| Feb 2020 | Funding round | ₹10 Lakh | Investors: an individual |
| Nov 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Nexera People Solutions Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving FSP 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 FSP Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
FSP Solutions Private Limited has a workforce of 179 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
Employee count
179
Active EPFO establishments
1
Employee growth
18.54%
GST
FSP Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF4327M1ZB | Karnataka | Active | 23 Jul 2018 |
To see the full GST registrations and return filing status of FSP Solutions Private Limited, buy the company report.
Recent activity
FSP Solutions Private Limited has 12 board changes on record since 2019: 3 appointments and 9 cessations. The latest: Rekha Reddy ceased to be Additional Director on 29 Sep 2025.
AGM
Fsp Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Ceased
Rekha Reddy ceased to be Additional Director.
Filing
Fsp Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Rekha Reddy was appointed as Director.
Ceased
Amaregowda Patil ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 75.00 Lakh with Charge ID 100756949 was registered on 31 Jul 2023.
Charges
A charge registered on 16 Feb 2021 via Charge ID 100480885 with Canara Bank was fully satisfied on 31 Jul 2023.
Appointed
Amaregowda Patil was appointed as Director.
Ceased
Giri Gowda ceased to be Additional Director.
Ceased
Shanker Reddy Hanchinal ceased to be Additional Director.
Ceased
Venkatesh Korti Deepak ceased to be Additional Director.
Charges
A charge with Canara Bank amounted to Rs. 50.00 Lakh with Charge ID 100480885 was registered on 16 Feb 2021.
6 earlier events are in the company report.
Frequently asked questions
FSP Solutions is an active private limited company based in Bangalore, Karnataka, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 21 June 2018 (8+ years old) and is registered under CIN U74999KA2018PTC114141.
FSP Solutions has 3 current directors:
- Amaregowda Patil - Director
- Venkatesh Korti Deepak - Director
- Rekha Reddy - Director
The latest financial statements of FSP 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 FY 2019 are in the company report.
The GSTIN of FSP Solutions is 29AADCF4327M1ZB, registered in Karnataka.
The CIN (Corporate Identification Number) of FSP Solutions is U74999KA2018PTC114141. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
FSP Solutions was incorporated on 21 June 2018, making it 8+ years old. It is registered with the Registrar of Companies, Bangalore.
FSP Solutions has 3 deals on record (1 rights issue, 1 secondary share transfer, 1 funding round), with disclosed funding of ₹10 Lakh; the latest was in March 2020.
Rekha Reddy ceased to be Additional Director on 29 Sep 2025. Rekha Reddy was appointed as Director on 03 Jan 2025. Amaregowda Patil ceased to be Additional Director on 29 Sep 2023. FSP Solutions has 12 board changes on record in total.
Yes, FSP Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0061751).
FSP Solutions can be reached through the website finalsearch.io. Its registered office is in Bangalore, Karnataka, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages