Formcept Technologies & Solutions Private Limited - Due diligence report

A 360° intelligence report on Formcept: trust score, financial health, credit view, compliance, directors, growth and distress signals - gen…

2011-10-10 Bangalore, Karnataka Active Unlisted Active Compliant
Share
Connect MCP
FT Formcept Technologies & Solutions Private Limited
Full Due-Diligence Report + Documents
  • Unlock all financial figures & 5-year trends
  • Full trust, health & credit-risk scores
  • Director details, charges & MCA documents
₹700 ₹449 Save ₹251 excl. GST
Or from ₹279/report with credits View credit packages
Company Credits – Starter
  • One credit unlocks this full due-diligence report
  • Use across any company’s report, anytime
  • Credits valid for 12 months
× ₹700 ₹279 = ₹2,790 60% off
Choose your own credit amount View credit packages

Formcept — 360° Intelligence Report

Generated from MCA filings & public records
78/100
Trust Score
Low Risk

Formcept is assessed as Low Risk with a Trust Score of 78/100. Formcept is an active private limited indian non-government company incorporated in 2011, operating in the Information Technology sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a low compliance risk and high financial risk profile.

Report generated on 27 Jul 2026 from the latest processed filings. Formcept Technologies & Solutions Private Limited snapshot & full profile →

Financial Health › Weak
Overall Assessment CautionWeakNeutralGoodStrong Strong
Compliance › Strong

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreLow Risk
78/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
100/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
40/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
80/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
45/100
Revenue, profit, asset and hiring momentum.
Distress ScoreModerate
60/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

Get full access

Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 80/100 Low Risk
  • Liabilities ≈ 38% EBITDA - serviceable.
  • No open charges - unencumbered balance sheet.
  • Working-capital cover adequate.

Charges position: 0 open (-) · 0 satisfied (-).

Compliance Score: 100/100 Low Risk
  • Company status is Active as per MCA.
  • Annual filings current (balance sheet Mar 2025).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
SURESH SRINIVASAN 01234567 Director 01/04/2018 6 yrs Approved
ANUJ KUMAR 01234567 Director 01/04/2018 6 yrs Approved
MIHIRKUMAR ARVIND JOSHI 01234567 Director 01/04/2018 6 yrs Approved
  • 3 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2023)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2023 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
-
Capital events
6 allotment(s) · 4 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Formcept Technologies Inc Subsidiary Company 74.00%

Key managerial personnel: SURESH SRINIVASAN (Whole-time director) · ANUJ KUMAR (Whole-time director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 45 · Distress 60
Growth signals & trust indicators
EPFO headcount growing - hiring signal.
Operating for 14+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence81/100
Favourable indicators
Suitability as a supplier / customer counterparty.
  • Statutory record is clean.
  • 2 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment73/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • No existing security registered - first-charge position available.
  • Compliance record supports lending.
Investor view52/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • 1 growth signal(s) detected.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
25 Aug 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
15 May 2018
Director appointed
MIHIRKUMAR ARVIND JOSHI (Nominee Director)
31 Mar 2018
Share transfer (FY 2018)
1616500.00000000 shares to Anuj Kumar
21 Sep 2017
Director ceased
SANKALP BAJPAI
22 Jun 2017
Securities allotted
100 Equity Shares - 2,919.00 raised
Securities allotted
2397607 Preference Shares - 7.00 cr raised
31 Mar 2017
Share transfer (FY 2017)
10000.00000000 shares to Kuldeep Singh
Share transfer (FY 2017)
2500.00000000 shares to Mohammad Akram
Share transfer (FY 2017)
12500.00000000 shares to Mohammad Akram
27 Jul 2016
Securities allotted
3489000 Equity Shares - 34.89 Lakh raised
01 Apr 2016
Director ceased
SURESH SRINIVASAN
Director ceased
ANUJ KUMAR
27 Mar 2014
Securities allotted
10000.00 Preference Shares - 10.00 Lakh raised
30 Jul 2013
Securities allotted
9999.00 Preference Shares - 10.00 Lakh raised
10

Key Observations

Auto-generated from the data above
Revenue declined 1.42 over the last 4 financial year(s).
Net profit margin moved from 2.1x to 24%.
Net worth is positive.
Compliance record is strong - status, filings and flags are clean.
3 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2023 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 6 security allotment(s) - amounts available in the full report.
4 overseas direct investment(s) (ODI) on record - international footprint.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Jupsoft Technologies U72900DL2004PTC126102 Delhi, Delhi, India
Greenprint Technologies Private Limited U72900KA2008PTC045163 Bengaluru, Karnataka, India
Industron Nanotechnology Private Limited U72200KL2011PTC027937 Thiruvananthapuram, Kerala, India
Quick Way Infosystems Private Limited U74999UP2017PTC094293 Noida, Uttar Pradesh, India
Itinker U74999CH2019PTC042410 Chandigarh, Chandigarh, India
Eiosys Private Limited U72900MH2012PTC237759 Mumbai, Maharashtra, India
Milieudigital Technologies India Private Limited U72900KA2019PTC125171 Bangalore South, Karnataka, India
Business Valuation Resources India Private Limited U72900TG2019PTC134857 Hyderabad, Telangana, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Formcept before audits and certifications: compliance score 100/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Formcept: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Favourable lending indicators. Credit risk score 80/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 45/100, margin trends, ownership structure and peer set for Formcept - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 78/100, distress signals and MSME payment-delay disclosures - know whether Formcept pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (no cases on record), regulatory flags, charge documents trail and director networks for Formcept - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Formcept an active company?

Formcept has MCA status “Active” with a compliance score of 100/100 (Low Risk).

Is Formcept financially healthy?

Formcept has a Financial Health Score of 40/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Formcept?

Its overall Trust Score is 78/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Formcept?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 3 active director(s) are on record.

Does Formcept have loans or charges against its assets?

No charges are registered against this company - an unencumbered balance sheet.

Is Formcept up to date with its ROC filings?

Annual filings current (balance sheet Mar 2025). Overall compliance score: 100/100 (Low Risk).

Is it risky to lend to Formcept?

Its Credit Risk Score is 80/100 (Low Risk). Banker verdict: Favourable lending indicators.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.