

Forbes Technosys Profile
Key Indicators
- Authorised Capital ₹ 169.05 Cr
- Paid Up Capital ₹ 9.49 M
- Company Age 33 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 6.42 M
- Satisfied Charges ₹ 154.65 Cr
- Revenue Growth -55.36%
- Profit Growth 67.96%
- Ebitda 51.67%
- Net Worth 3.65%
- Total Assets -52.33%
About Forbes Technosys
Forbes Technosys Limited (FTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 July 1991 and has a history of 33 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as Wandel And Goltermann And Forbes Private Limited. The Company is engaged in the Financial Services Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 169.05 Cr and a paid-up capital of Rs 9.49 M.
The company currently has active open charges totaling ₹6.42 M. The company has closed loans amounting to ₹154.65 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Forbes Technosys Limited India is Sandeep Kadakia as CFO. Vinod Bhandawat, Rohit Jayakar, and Jai Mavani serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29290MH1991PLC062425
- Company No.
062425
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
09 Jul 1991
- Date of AGM
23 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
What products or services does Forbes Technosys Limited offer?
Forbes Technosys Limited offers a wide range of products and services, including Laptops, PC, Mainframes & Computers, Kiosk Systems, Software Development & IT Consultant, Integration Support Service, Interactive Kiosks, Retail Kiosks, Corona Test Kit, Coronavirus Testing Booth, Business Planning and Management, Business Consultant.
Who are the key members and board of directors at Forbes Technosys?
Executive Team (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Rohit Jayakar ![]() | Managing Director | 16-Mar-2021 | Current |
Sandeep Kadakia | CFO | 15-Jan-2021 | Current |
Board Members (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Vinod Bhandawat ![]() | Director | 14-Oct-2019 | Current |
Jai Mavani ![]() | Director | 03-Nov-2016 | Current |
Financial Performance of Forbes Technosys.
Forbes Technosys Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 55.36% decrease. The company also saw a substantial improvement in profitability, with a 67.96% increase in profit. The company's net worth moved up by a moderate rise of 3.65%.


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What is the Ownership and Shareholding Structure of Forbes Technosys?
In 2021, Forbes Technosys had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Related Corporates (Common Directorship)
- Shapoorji Pallonji Energy Private Limited
Jai Mavani is a mutual person
- S P Fabricators Private Limited
Rohit Jayakar is a mutual person
- Gokak Textiles Limited
Vinod Bhandawat is a mutual person
- Sterling And Wilson Private Limited
Vinod Bhandawat is a mutual person
- Forbes & Company Limited
Jai Mavani is a mutual person
- Shapoorji Pallonji Infrastructure Capital Company Private Limited
Vinod Bhandawat and Jai Mavani are mutual person
Charges (Loans)
₹0.64 Cr
₹154.65 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 0.64 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
18 Aug 2023 | Axis Bank Limited | ₹6.42 M | Open |
18 Aug 2023 | Others | ₹5.54 M | Satisfied |
07 Mar 2019 | Others | ₹4.00 Cr | Satisfied |
28 Dec 2016 | Others | ₹12.00 Cr | Satisfied |
19 Feb 2016 | Axis Bank Limited | ₹20.00 Cr | Satisfied |
How Many Employees Work at Forbes Technosys?
Forbes Technosys has a workforce of 6 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Forbes Technosys, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Forbes Technosys's trajectory.
Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Forbes Technosys
Recent activity within the organization
- Annual General Meeting
Forbes Technosys Limited last Annual general meeting of members was held on 23 Aug 2024 as per latest MCA records.
- Charges
A charge registered on 18 Aug 2023 via Charge ID 100777641 with Others was fully satisfied on 08 Aug 2024.
- Balance Sheet
Forbes Technosys Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge with Axis Bank Limited amounted to Rs. 0.64 Cr with Charge ID 100774939 was registered on 18 Aug 2023.
- Charges
A charge with Others amounted to Rs. 0.55 Cr with Charge ID 100777641 was registered on 18 Aug 2023.
- Charges
A charge registered on 19 Feb 2016 via Charge ID 10625179 with Axis Bank Limited was fully satisfied on 18 Aug 2023.
Frequently asked questions
What is the Incorporation or founding date of Forbes Technosys Limited?
Forbes Technosys Limited was incorporated on 09 Jul 1991.
What is authorized share capital and paid-up capital of Forbes Technosys Limited?
The authorized share capital of Forbes Technosys Limited is ₹ 169.05 Cr and paid-up capital is ₹ 9.49 M.
Who are the current board members & directors of Forbes Technosys Limited?
Currently 4 directors are associated with Forbes Technosys Limited.
- Vinod Bhandawat
- Rohit Arun Jayakar
- Jai Laxmikant Mavani
- Sandeep Pramodrai Kadakia
What is the registered address of Forbes Technosys Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Forbes Technosys Limited is Ground Floor Torana Apartment Sahar Road, Andheri (East) India, Mumbai, Maharashtra, 400099.
What is the corporate identification number (CIN) and company number of Forbes Technosys Limited?
The corporate identification number (CIN) of Forbes Technosys Limited is U29290MH1991PLC062425 and the company number is 062425 as per Ministry of Corporate Affairs (MCA).
What is the official website of Forbes Technosys Limited?
The Official website of Forbes Technosys Limited is https://www.forbestechnosys.com
What has been the recent revenue trend for Forbes Technosys Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Forbes Technosys Limited has fallen by -55.36%.
How many employees does Forbes Technosys Limited currently have?
As Per 2022 financial reports, 6 employees are currently employed by Forbes Technosys Limited.
What change has been observed in the net worth of Forbes Technosys Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Forbes Technosys Limited has experienced an upsurge of 3.65%.
What are the total open charges for Forbes Technosys Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Forbes Technosys Limited amount to ₹ 6.42 M.
When was the last Balance Sheet of Forbes Technosys Limited filed with the ROC?
The most recent Balance Sheet for Forbes Technosys Limited was filed with the ROC on 31 Mar 2024.
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