Futurethoughts Software Solutions Private Limited - Due diligence report

A 360° intelligence report on Apps Associates: trust score, financial health, credit view, compliance, directors, growth and distress signal…

2003-06-20 Hyderabad, Telangana Active Unlisted Active Compliant
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FS Futurethoughts Software Solutions Private Limited
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  • Director details, charges & MCA documents
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Apps Associates — 360° Intelligence Report

Generated from MCA filings & public records
73/100
Trust Score
Moderate

Apps Associates is assessed as Moderate with a Trust Score of 73/100. Apps Associates is an active private limited indian non-government company incorporated in 2003, 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 17 Jul 2026 from the latest processed filings. Futurethoughts Software 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 ScoreModerate
73/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreLow Risk
88/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
35/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
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: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • No open charges - unencumbered balance sheet.

Charges position: 0 open (-) · 2 satisfied (5.54 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Icici Bank1 48.0 cr
Hdfc Bank Limited1 48.0 cr
Compliance Score: 88/100 Low Risk
  • Company status is Active as per MCA.
  • Balance sheet slightly behind (Mar 2024).
  • 1 active GST registration(s).
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
SUSEELA BOGELLI 01234567 Director 01/04/2018 6 yrs Approved
BUCHAIAH BOGELLI 01234567 Director 01/04/2018 6 yrs Approved
BOGELLI SRIDHAR 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 2017)
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 2020 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) · 0 transfer(s)

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

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 60
Growth signals & trust indicators
Operating for 23+ years.
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 diligence75/100
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 assessment53/100
Mixed indicators - deeper appraisal suggested
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 view46/100
Mixed indicators
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
30 Sep 2024
Last AGM held
Annual general meeting
31 Mar 2024
Latest balance sheet
Filed with ROC
13 Nov 2017
Charge satisfied
Icici Bank
12 Sep 2014
Charge created
Icici Bank - 3.40 cr
03 Sep 2014
Charge satisfied
Hdfc Bank Limited
05 Jun 2012
Securities allotted
369034 Equity Shares Without Differential Rights - 36.90 Lakh raised
Securities allotted
1 Equity Shares Without Differential Rights - 10.00 raised
14 Feb 2011
Securities allotted
1 Equity Shares Without Differential Rights - 10.00 raised
Securities allotted
369034 Equity Shares Without Differential Rights - 36.90 Lakh raised
30 Aug 2010
Charge created
Hdfc Bank Limited - 2.14 cr
18 Aug 2010
Securities allotted
170000 Equity Shares Without Differential Rights - 17.00 Lakh raised
17 Mar 2006
Securities allotted
170000 Equity Shares Without Differential Rights - 17.00 Lakh raised
27 Sep 2004
Director appointed
BOGELLI SRIDHAR (Director)
20 Jun 2003
Incorporated
Registered with Roc Hyderabad
Director appointed
SUSEELA BOGELLI (Director)
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 4 financial year(s).
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.
All 2 registered charge(s) stand satisfied - past borrowings repaid.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2020 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.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Maniar Technologies Private Limited U72900MH2010PTC203788 Thane, Maharashtra, India
Argotero It Consultants Private Limited U72100DL1996PTC081996 New Delhi, Delhi, India
Valuestack Global Private Limited U72900KL2019PTC059218 Thiruvananthapuram, Kerala, India
Rapid Grow Technologies Private Limited U72200DL2014PTC270071 New Delhi, Delhi, India
Sandhya Siddhi Information Technology Private Limited U72200JH2012PTC000287 Pakur, Jharkhand, India
Effulgent Engineering Solutions Private Limited U72200TG2012PTC082584 Hyderabad, Telangana, India
Asm Web Tech Private Limited U72300UP2015PTC073151 Ghaziabad, Uttar Pradesh, India
Vitric Business Solutions Private Limited U74999MH2016PTC286125 Nagpur, Maharashtra, India
12

Who Uses This Report

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

Verify Apps Associates before audits and certifications: compliance score 88/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Apps Associates: 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: Mixed indicators - deeper appraisal suggested. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Mixed indicators. Growth score 40/100, margin trends, ownership structure and peer set for Apps Associates - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Favourable indicators. Trust score 73/100, distress signals and MSME payment-delay disclosures - know whether Apps Associates 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 Apps Associates - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Apps Associates an active company?

Apps Associates has MCA status “Active” with a compliance score of 88/100 (Low Risk).

Is Apps Associates financially healthy?

Apps Associates has a Financial Health Score of 35/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Apps Associates?

Its overall Trust Score is 73/100 (Moderate). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Apps Associates?

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

Does Apps Associates have loans or charges against its assets?

No open charges - all 2 registered charge(s) stand satisfied, indicating past borrowings were repaid.

Is Apps Associates up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 88/100 (Low Risk).

Is it risky to lend to Apps Associates?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Mixed indicators - deeper appraisal suggested.

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.