Foress Impex Private Limited

Provides consultancy services to food, beverage, and mining industries through import, export, and distribution.

2007 | Chennai, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

Foress Impex Profile

Key Indicators

  • Authorised Capital ₹ 0.20 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 17 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.73 Cr
  • Revenue Growth 2.47%
  • Profit Growth 170.44%
  • Ebitda 219.04%
  • Net Worth 81.60%
  • Total Assets 1.87%

About Foress Impex

Foress Impex Private Limited (FIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 February 2007 and has a history of 17 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.

The Corporate was formerly known as Foress Developers Private Limited. The Company is engaged in the Business Outsourcing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 0.20 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹7.73 Cr.

Yeduguri Reddy and Kulashree Perincheri serve as directors at the Company.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74900TN2007PTC062522

  • Company No.

    062522

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Feb 2007

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing

Who are the key members and board of directors at Foress Impex?

Executive Team (1)

Name Designation Appointment Date Status
Yeduguri Reddy Country flag representing In Managing Director 27-Feb-2007 Current

Board Members (1)

Name Designation Appointment Date Status
Kulashree Perincheri Country flag representing In Whole-Time Director 27-Feb-2007 Current

Financial Performance of Foress Impex.

Foress Impex Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.47% increase. The company also saw a substantial improvement in profitability, with a 170.44% increase in profit. The company's net worth Soared by an impressive increase of 81.6%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
2.47%
Revenue from Operations
-0.85%
Total Assets
1.87%
Profit or Loss
170.44%
Net Worth
81.60%
EBITDA
219.04%

What is the Ownership and Shareholding Structure of Foress Impex?

In 2023, Foress Impex had a public holding of 33.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹77.34 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 4.30 Cr
  • Axis Bank Limited : 3.43 Cr

Latest Charge Details

Date Lender Amount Status
10 Aug 2023 Axis Bank Limited ₹3.43 Cr Open
21 Feb 2023 Hdfc Bank Limited ₹2.57 Cr Open
30 Sep 2022 Hdfc Bank Limited ₹6.81 M Open
09 Mar 2022 Hdfc Bank Limited ₹1.49 M Open
12 Feb 2021 Hdfc Bank Limited ₹4.00 M Open

How Many Employees Work at Foress Impex?

Foress Impex has a workforce of 9 employees as of Jul 04, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Foress Impex, 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 Foress Impex's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Foress Impex

Recent activity within the organization

  • Annual General Meeting

    Foress Impex Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 34.35 M with Charge ID 100809798 was registered on 10 Aug 2023.

    10 Aug 2023

  • Balance Sheet

    Foress Impex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 25.70 M with Charge ID 100712880 was registered on 21 Feb 2023.

    21 Feb 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 6.81 M with Charge ID 100694809 was registered on 30 Sep 2022.

    30 Sep 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.49 M with Charge ID 100579558 was registered on 09 Mar 2022.

    09 Mar 2022

Frequently asked questions

  • Foress Impex Private Limited was incorporated on 27 Feb 2007.

  • The authorized share capital of Foress Impex Private Limited is ₹ 0.20 M and paid-up capital is ₹ 0.20 M.

  • Currently 2 directors are associated with Foress Impex Private Limited.

    • Yeduguri Sandinti Sunil Reddy
    • Kulashree Reddy Perincheri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Foress Impex Private Limited is No:6/9 Third Cross Street Cit Colony, Mylapore India, Chennai, Tamil Nadu, 600004.

  • The corporate identification number (CIN) of Foress Impex Private Limited is U74900TN2007PTC062522 and the company number is 062522 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Foress Impex Private Limited is https://www.foressindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Foress Impex Private Limited has risen by 2.47%.

  • As Per 2023 financial reports, 9 employees are currently employed by Foress Impex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Foress Impex Private Limited has experienced an upsurge of 81.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Foress Impex Private Limited amount to ₹ 7.73 Cr.

  • The most recent Balance Sheet for Foress Impex Private Limited was filed with the ROC on 31 Mar 2023.

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