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Fornido Developers Limited

Real estate development and construction company with registered office in Mumbai.
1958 | Mumbai, Maharashtra (India) | Active

Last Updated:

November 15, 2024
HomeCompanyFornido Developers Limited

Who are the key members and board of directors at Fornido Developers?

Executive Team (2)

NameDesignationAppointment DateStatus
Jayalakshmi IyerCompany Secretary01-Apr-2019Current
Rupal Ashar InCFO01-Apr-2019Current

Board Members(3)

NameDesignationAppointment DateStatus
Sandeep Patel In Director 27-Feb-2017Current
Vijetha Shetty In Additional Director 04-Oct-2024Current
Rupal Ashar In Whole-Time Director and Cfo 18-Apr-2017Current

Financial Performance of Fornido Developers.

Fornido Developers Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 61.96% decrease. The company also saw a substantial fall in profitability, with a 402.7% decrease in profit. The company's net worth dipped by a decrease of 6.26%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-61.96%
Revenue from Operations
-91.24%
Total Assets
0.82%
Profit or Loss
-402.70%
Net Worth
-6.26%
EBITDA
-7917.98%

Related Corporates (Common Directorship)

Charges (Loans)

Satisfied Charges

₹97.50 Cr

LenderAmountStatus

The Ratnakar Bank Limited

Creation Date: 20 Feb 2014
₹97.50 CrSatisfied

How Many Employees Work at Fornido Developers?

Unlock and access historical data on people associated with Fornido Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Graph

Deals i

Rating

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Latest Updates, News, and FAQs on Fornido Developers

Recent activity within the organization

  • Director Appointment

    Vijetha Sandeep Shetty was appointed as a Additional Director was appointed as a Additional Director on 04 Oct 2024 & has been associated with this company since 2 months 19 days .

    04 Oct 2024

  • Annual General Meeting

    Fornido Developers Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Fornido Developers Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Jayalakshmi Rajesh Iyer was appointed as a Company Secretary was appointed as a Company Secretary on 01 Apr 2019 & has been associated with this company since 5 years 8 months .

    01 Apr 2019

  • Director Appointment

    Rupal Rupin Ashar was appointed as a Cfo was appointed as a Cfo on 01 Apr 2019 & has been associated with this company since 5 years 8 months .

    01 Apr 2019

  • Director Appointment

    Rupal Rupin Ashar was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 18 Apr 2017 & has been associated with this company since 7 years 8 months .

    18 Apr 2017

Frequently asked questions

  • Fornido Developers Limited was incorporated on 27 Dec 1958.

  • The authorized share capital of Fornido Developers Limited is ₹ 25.00 Cr and paid-up capital is ₹ 9.00 Cr.

  • Currently 5 directors are associated with Fornido Developers Limited.

    • Sandeep Popatlal Patel
    • Vijetha Sandeep Shetty
    • Rupal Rupin Ashar
    • Jayalakshmi Rajesh Iyer
    • Rupal Rupin Ashar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fornido Developers Limited is Shop No.15 1St Lower Portion Floor Om Heera Panna Pre. Chs Cts No. 1 Pt., Andheri O Shiwara India, Mumbai, Maharashtra, 400053.

  • The corporate identification number (CIN) of Fornido Developers Limited is U29290MH1958PLC011247 and the company number is 011247 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Fornido Developers Limited has fallen by -61.96%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Fornido Developers Limited has experienced an downturn of -6.26%.

  • The most recent Balance Sheet for Fornido Developers Limited was filed with the ROC on 31 Mar 2024.

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