Forever Technologies Private Limited

Founded in 2008 and headquartered in Tamil Nadu, India.

2008 | Chennai, Tamil Nadu (India) | Active
Last Updated: December 04, 2024

Forever Technologies Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.60 Cr
  • Revenue Growth 43.85%
  • Profit Growth 102.79%
  • Ebitda 82.54%
  • Net Worth 99.48%
  • Total Assets 98.15%

About Forever Technologies

Forever Technologies Private Limited (FTPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 February 2008 and has a history of 16 years and 11 months. Its registered office is in Chennai, Tamil Nadu, India.

The Company is engaged in the Engineering 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 1.00 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹5.60 Cr.


Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74210TN2008PTC066541

  • Company No.

    066541

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Feb 2008

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Engineering

What products or services does Forever Technologies Private Limited offer?

Forever Technologies Private Limited offers a wide range of products and services, including Software Development Services, Customized Software Solution.

Who are the key members and board of directors at Forever Technologies?

Board Members (3)

Name Designation Appointment Date Status
Uma Narasimhan Country flag representing In Director 20-Feb-2008 Current
Suryanarayanan Rao Country flag representing In Director 20-Feb-2008 Current
Rahul Rao Country flag representing In Additional Director 10-May-2024 Current

Financial Performance of Forever Technologies.

Forever Technologies Private Limited, for the financial year ended 2018, experienced significant growth in revenue, with a 43.85% increase. The company also saw a substantial improvement in profitability, with a 102.79% increase in profit. The company's net worth Soared by an impressive increase of 99.48%.

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
43.85%
Revenue from Operations
42.84%
Total Assets
98.15%
Profit or Loss
102.79%
Net Worth
99.48%
EBITDA
82.54%

What is the Ownership and Shareholding Structure of Forever Technologies?

In 2018, Forever Technologies had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹56.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 5.60 Cr

Latest Charge Details

Date Lender Amount Status
31 Oct 2019 Others ₹6.00 M Open
15 Feb 2019 Others ₹5.00 Cr Open

How Many Employees Work at Forever Technologies?

Forever Technologies has a workforce of 0 employees as of Apr 09, 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 Forever Technologies, 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 Forever Technologies'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 Forever Technologies

Recent activity within the organization

  • Director Appointment

    Rahul Ramachandra Rao was appointed as a Additional Director was appointed as a Additional Director on 10 May 2024 & has been associated with this company since 8 months 23 days .

    10 May 2024

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Forever Technologies 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 Others amounted to Rs. 6.00 M with Charge ID 100315835 was registered on 31 Oct 2019.

    31 Oct 2019

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100257855 was registered on 15 Feb 2019.

    15 Feb 2019

  • Director Appointment

    Suryanarayanan Ramachandra Rao was appointed as a Director was appointed as a Director on 20 Feb 2008 & has been associated with this company since 16 years 11 months .

    20 Feb 2008

Frequently asked questions

  • Forever Technologies Private Limited was incorporated on 20 Feb 2008.

  • The authorized share capital of Forever Technologies Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Forever Technologies Private Limited.

    • Suryanarayanan Ramachandra Rao
    • Uma Narasimhan
    • Rahul Ramachandra Rao
  • As per Ministry of Corporate Affairs (Mca), the registered address of Forever Technologies Private Limited is S 2 Raus Haus, 6 Somasundam Street T Nagar India, Chennai, Tamil Nadu, 600017.

  • The corporate identification number (CIN) of Forever Technologies Private Limited is U74210TN2008PTC066541 and the company number is 066541 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Forever Technologies Private Limited is https://www.forevertechnologies.biz

  • According to the financial reports for the fiscal year 2018, the revenue trend for Forever Technologies Private Limited has risen by 43.85%.

  • The financial reports for the fiscal year 2018 indicates that The net worth of Forever Technologies Private Limited has experienced an upsurge of 99.48%.

  • As per the financial statements for fiscal Year 2018, The total open charges for Forever Technologies Private Limited amount to ₹ 5.60 Cr.

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