About FTS India Private Limited
Data last updated:
FTS India Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 29 August 2012.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012PTC235107. Its GSTIN is 27AACCF0360R1ZD (Maharashtra). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹85 Lakh. It was led by directors Jaikishan Lakhiprasad Bhagchandka and Ashish Kailashpati Kedia.
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 was at B/102 Twinkle Apartment Lokhandwala Complex New Link Road Andheri (West), Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.09 Cr, a decline of 65% compared to the previous year. For the same year it recorded a net profit of ₹29.93 Lakh (net margin 5.9%) and EBITDA of ₹33.44 Lakh (EBITDA margin 6.6%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years and 29% over five years.
The last known website on record is ftsindia.co.in.
Company details
Contact details
FTS India Private Limited's registered office is in Mumbai, Maharashtra. Its website is ftsindia.co.in. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressB/102 Twinkle Apartment Lokhandwala Complex New Link Road Andheri (West), Mumbai, Maharashtra, India – 400053
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of FTS India 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 activities of FTS India are professional, scientific and technical and trade. In detail, this covers other professional, scientific and technical activities and retail trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | |
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of FTS India Private Limited, buy the company report.
Financials of FTS India Private Limited
FY 2024 filings availableFTS India Private Limited reported revenue of ₹5.09 Cr (down 65% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 65% fall in the latest year. EBITDA rose 256% 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 | ₹33.44 Lakh | ||||
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| Net Profit (PAT) | ₹29.93 Lakh | ||||
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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 | 6.6% | ||||
| Net Profit Margin | 5.9% | ||||
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To see the full financial statements and ratios of FTS India Private Limited, buy the company report.
Board of directors of FTS India Private Limited
FTS India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaikishan Lakhiprasad Bhagchandka Also directs: Shangrila Corporate Consultants LLP, Reasoned Ventures LLP, Aesopian Enterprises LLP and 5 more | Director | 29 Aug 2012 | 14 Years 1 Months | As last reported |
| Ashish Kailashpati Kedia Also directs: Shangrila Corporate Consultants LLP, Aesopian Enterprises LLP, FTS India LLP and 5 more | Director | 29 Aug 2012 | 14 Years 1 Months | As last reported |
Auditor
FTS India Private Limited is audited by S G C O & Co. LLP for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G C O & Co. LLP | FY 2020 | 112081W/W100184 |
Shareholding
The shareholding of FTS India Private Limited is on record for 4 financial years, the latest being FY 2020, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of FTS India Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving FTS India 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 FTS India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
FTS India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF0360R1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of FTS India Private Limited, buy the company report.
Recent activity
FTS India Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Ashish Kailashpati Kedia was appointed as Director on 29 Aug 2012.
Frequently asked questions
FTS India has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
FTS India was a private limited company based in Mumbai, Maharashtra, India. The company worked in business and IT consulting, within the business outsourcing industry. It was incorporated on 29 August 2012 and is registered under CIN U74120MH2012PTC235107. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of FTS India is U74120MH2012PTC235107. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
FTS India had 2 directors:
- Jaikishan Lakhiprasad Bhagchandka - Director
- Ashish Kailashpati Kedia - Director
FTS India was incorporated on 29 August 2012. It is registered with the Registrar of Companies, Mumbai.
FTS India can be reached through the website ftsindia.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of FTS India is at B102 Twinkle Apartment Lokhandwala Complex New Link Road Andheri West, Mumbai, Maharashtra, India – 400053.
The latest financial statements of FTS India 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 2015 are in the company report.
The GSTIN of FTS India is 27AACCF0360R1ZD, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
FTS India operated in the business outsourcing industry, in the business and IT consulting segment.