Forte Solutions Profile
Key Indicators
- Authorised Capital ₹ 1.05 Cr
- Paid Up Capital ₹ 1.05 Cr
- Company Age 21 Year, 1 Month
- Last Filing with ROC 31 Mar 2020
- Open Charges ₹ 15.75 Cr
- Satisfied Charges ₹ 12.10 Cr
- Revenue Growth -36.88%
- Profit Growth -37.30%
- Ebitda -12.19%
- Net Worth 60.09%
- Total Assets -2.10%
About Forte Solutions
Forte Solutions Private Limited (FSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 January 2004 and has a history of 21 years and one month. Its registered office is in Chennai, Tamil Nadu, India.
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 2020. It's a company limited by shares with an authorized capital of Rs 1.05 Cr and a paid-up capital of Rs 1.05 Cr.
The company currently has active open charges totaling ₹15.75 Cr. The company has closed loans amounting to ₹12.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Mala Ponnuswamy and Sudhakar Alaguvelu serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U72900TN2004PTC052283
- Company No.
052283
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Jan 2004
- Date of AGM
31 Dec 2020
- Date of Balance Sheet
31 Mar 2020
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
Business Outsourcing
Who are the key members and board of directors at Forte Solutions?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mala Ponnuswamy  | Whole-Time Director | 07-Jan-2004 | Current |
| Sudhakar Alaguvelu | Director | 11-Jul-2014 | Current |
Financial Performance of Forte Solutions.
Forte Solutions Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 36.88% decrease. The company also saw a substantial fall in profitability, with a 37.3% decrease in profit. The company's net worth Soared by an impressive increase of 60.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Forte Solutions?
In 2019, Forte Solutions had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹15.75 Cr
Satisfied Charges
₹12.10 Cr
Charges Breakdown by Lending Institutions
- Others : 15.50 Cr
- Janalakshmi Financial Services Private Limited : 0.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Feb 2019 | Others | ₹15.50 Cr | Open |
| 08 Jan 2014 | Janalakshmi Financial Services Private Limited | ₹2.50 M | Open |
| 05 Aug 2015 | Bank Of India | ₹1.50 Cr | Satisfied |
| 22 Feb 2013 | Bank Of India | ₹2.10 Cr | Satisfied |
| 18 Feb 2013 | Bank Of India | ₹7.50 Cr | Satisfied |
How Many Employees Work at Forte Solutions?
Forte Solutions has a workforce of 78 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 Forte Solutions, 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 Forte Solutions'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.
