About Frontier Business Systems Private Limited
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Frontier Business Systems Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the IT infrastructure management and services segment of the technology and IT services sector. It was incorporated on 26 August 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U67120KA1994PTC016155. Its GSTIN is 29AAACF2942H1ZO (Karnataka). The company holds 7 GST registrations, of which 6 are active.
The company has an authorised share capital of ₹2.5 Cr and a paid-up capital of ₹1 Cr. It is led by directors Ravi Marcelino Verdes (Managing Director) and Andrew Mark Verdes.
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 No.3 Wood Street, Bangalore, Karnataka, India – 560025.
As per the financials filed for FY 2025, the company reported a revenue of ₹303.41 Cr, a growth of 14% compared to the previous year. For the same year it recorded a net profit of ₹15.98 Cr (net margin 5.3%) and EBITDA of ₹21.9 Cr (EBITDA margin 7.2%). Revenue has grown at a compounded annual rate (CAGR) of 7% over five years.
The company has about 608 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹35 Cr on record. Court records list 31 cases involving the company, including 15 filed by the company and 16 filed against it; 4 cases are pending. The company has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in July 2022.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website frontier.in.
Company details
Contact details
Frontier Business Systems Private Limited's registered office is in Bangalore, Karnataka. Its website is frontier.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.3 Wood Street, Bangalore, Karnataka, India – 560025
- IndustryInformation Technology, IT Infrastructure Management & Services
To see the full contact details of Frontier Business Systems 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 activity of Frontier Business Systems is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Frontier Business Systems Private Limited, buy the company report.
Financials of Frontier Business Systems Private Limited
FY 2024 filings availableFrontier Business Systems Private Limited reported revenue of ₹303.41 Cr (up 14% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 14% growth in the latest year. EBITDA rose 22% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹21.9 Cr | ||||
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| Net Profit (PAT) | ₹15.98 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 7.2% | ||||
| Net Profit Margin | 5.3% | ||||
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To see the full financial statements and ratios of Frontier Business Systems Private Limited, buy the company report.
Board of directors of Frontier Business Systems Private Limited
Frontier Business Systems has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ravi Marcelino Verdes Also directs: Crimson Cloud Private Limited | Managing Director | 26 Aug 1994 | 32 Years 1 Months | Current |
| Andrew Mark Verdes | Director | 27 Dec 2021 | 4 Years 9 Months | Current |
Auditor
Frontier Business Systems Private Limited is audited by NA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NA | FY 2023 | NA |
Shareholding
The shareholding of Frontier Business Systems Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Frontier Business Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Feb 2025 | 101069624 | Hdfc Bank Limited | ₹15 Cr | Open | |
| 14 Jun 2001 | 80034501 | Citi Bank N.A. | ₹20 Cr | Open |
To see the full charge records of Frontier Business Systems Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
Frontier Business Systems Private Limited has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in July 2022.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jul 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Oct 2011 | Acquisition | ₹51 Lakh | Buyer: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Frontier Business Systems Private Limited has 31 court cases on record: 15 filed by Frontier Business Systems, 16 filed against it. 4 cases are pending and 27 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 21 | 7 | 3 |
| High courts | 10 | 9 | 1 |
Cases on record (5 of 31)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Gamut Analytics Private Limited | Pending |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against Omics International Pvt. Ltd., | Pending |
| High Court | Writ petition | Filed against the company by M/S GTCS Infotech Pvt Ltd | Pending |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against Nitesh Estates Ltd | Disposed |
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed by the company against M/S Manipal Software and E Com Pvt Ltd | Disposed |
To see the full case history of Frontier Business Systems Private Limited, buy the company report.
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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Frontier Business Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Frontier Business Systems Private Limited has a workforce of 608 employees on its EPFO records as of Feb 25, 2025, across 1 active EPFO establishment.
GST
Frontier Business Systems has 7 GST registrations: 6 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACF2942H1ZO | Karnataka | Active | 01 Jul 2017 |
| 27AAACF2942H1ZS | Maharashtra | Active | 01 Jul 2017 |
| 32AAACF2942H1Z1 | Kerala | Active | 01 Jul 2017 |
| 33AAACF2942H1ZZ | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Frontier Business Systems Private Limited, buy the company report.
Recent activity
Frontier Business Systems Private Limited has 5 board changes on record since 1994: 2 appointments and 3 cessations. The latest: Andrew Mark Verdes ceased to be Additional Director on 29 Sep 2022.
News
Frequently asked questions
Frontier Business Systems is an active private limited company based in Bangalore, Karnataka, India. The company works in IT infrastructure management and services, within the information technology industry. It was incorporated on 26 August 1994 (32+ years old) and is registered under CIN U67120KA1994PTC016155.
Frontier Business Systems has 2 current directors:
- Ravi Marcelino Verdes - Managing Director
- Andrew Mark Verdes - Director
The latest financial statements of Frontier Business Systems 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 Frontier Business Systems is 29AAACF2942H1ZO, registered in Karnataka. The company has 7 GST registrations in all, of which 6 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACF2942H1ZS (Maharashtra), 32AAACF2942H1Z1 (Kerala), 33AAACF2942H1ZZ (Tamil Nadu).
The CIN (Corporate Identification Number) of Frontier Business Systems is U67120KA1994PTC016155. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Frontier Business Systems has 31 court cases on record: 15 filed by the company and 16 filed against it. 4 are pending. Most are in the district courts.
Frontier Business Systems was incorporated on 26 August 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
Frontier Business Systems has 3 deals on record (2 secondary share transfers, 1 acquisition); the latest was in July 2022.
Andrew Mark Verdes ceased to be Additional Director on 29 Sep 2022. Sarah Ann Verdes ceased to be Director on 22 Jun 2022. Andrew Mark Verdes was appointed as Director on 27 Dec 2021. Frontier Business Systems has 5 board changes on record in total.
Frontier Business Systems can be reached through the website frontier.in. Its registered office is in Bangalore, Karnataka, India.