Forvol International Services Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.80 Cr
- Company Age 47 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.25 Cr
- Satisfied Charges ₹ 4.33 Cr
- Revenue Growth 136.74%
- Profit Growth 178.49%
- Ebitda 214.08%
- Net Worth 18.68%
- Total Assets 46.95%
About Forvol International Services
Forvol International Services Limited (FISL) is a leading Public Limited Indian Non-Government Company incorporated in India on 19 May 1977 and has a history of 47 years and 11 months. Its registered office is in Mumbai, Maharashtra.
The Corporate was formerly known as Rajputana Palace Resorts Private Limited. The Company is engaged in the Transport And Logistics 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 2.00 Cr and a paid-up capital of Rs 1.80 Cr.
The company currently has active open charges totaling ₹4.25 Cr. The company has closed loans amounting to ₹4.33 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Forvol International Services Limited India is Aashutosh Akshikar as CEO. Mahesh Chelaram, Pallon Mistry, and Aashutosh Akshikar serve as directors at the Company.
Company Details
- Location Mumbai, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U55100MH1977PLC019660
- Company No.
019660
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
19 May 1977
- Date of AGM
19 Jul 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Transport and Logistics
What products or services does Forvol International Services Limited offer?
Forvol International Services Limited offers a wide range of products and services, including Travel Service, Corporate Travel Management Service.
Forvol International Services Limited
Explore comprehensive data for Forvol International Services Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Forvol International Services?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Aashutosh Akshikar  | Managing Director | 03-Aug-2020 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mahesh Chelaram | Director | 28-Jul-2009 | Current |
Pallon Mistry  | Director | 01-Apr-2012 | Current |
Financial Performance of Forvol International Services.
Forvol International Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 136.74% increase. The company also saw a substantial improvement in profitability, with a 178.49% increase in profit. The company's net worth Soared by an impressive increase of 18.68%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Forvol International Services?
In 2023, Forvol International Services 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 LimitedPallon Mistry is a mutual person
Next Gen Publishing Private LimitedMahesh Chelaram is a mutual person
Forbes Bumi Armada LimitedMahesh Chelaram is a mutual person
Forbes & Company LimitedMahesh Chelaram is a mutual person
Shapoorji Pallonji And Company Private LimitedPallon Mistry is a mutual person
Breach Candy Hospital TrustPallon Mistry is a mutual person
Charges (Loans)
Open Charges
₹4.25 Cr
Satisfied Charges
₹4.33 Cr
Charges Breakdown by Lending Institutions
- Idbi Bank Limited : 4.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jun 2022 | Idbi Bank Limited | ₹4.25 Cr | Open |
| 25 Nov 2009 | Kotak Mahindra Prime Limited | ₹0.81 M | Satisfied |
| 06 Apr 2005 | Idbi Bank Limited | ₹4.25 Cr | Satisfied |
How Many Employees Work at Forvol International Services?
Forvol International Services has a workforce of 47 employees as of Apr 06, 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 Forvol International Services, 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 Forvol International Services'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 Forvol International Services
Recent activity within the organization
- Annual General Meeting
Forvol International Services Limited last Annual general meeting of members was held on 19 Jul 2024 as per latest MCA records.
- Balance Sheet
Forvol International Services Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 25 Nov 2009 via Charge ID 10192952 with Kotak Mahindra Prime Limited was fully satisfied on 10 May 2023.
- Charges
A charge registered on 06 Apr 2005 via Charge ID 80040305 with Idbi Bank Limited was fully satisfied on 10 Jun 2022.
- Charges
A charge with Idbi Bank Limited amounted to Rs. 4.25 Cr with Charge ID 100588527 was registered on 09 Jun 2022.
- Director Appointment
Aashutosh Arun Akshikar was appointed as a Managing Director was appointed as a Managing Director on 03 Aug 2020 & has been associated with this company since 4 years 9 months .
Frequently asked questions
What is the Incorporation or founding date of Forvol International Services Limited?
Forvol International Services Limited was incorporated on 19 May 1977.
What is authorized share capital and paid-up capital of Forvol International Services Limited?
The authorized share capital of Forvol International Services Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.80 Cr.
Who are the current board members & directors of Forvol International Services Limited?
Currently 4 directors are associated with Forvol International Services Limited.
- Mahesh Tahilyani Chelaram
- Pallon Shapoorji Mistry
- Aashutosh Arun Akshikar
- Aashutosh Arun Akshikar
What is the registered address of Forvol International Services Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Forvol International Services Limited is 70 Nagindas Master Road Fort, India, Mumbai, Maharashtra, 400023.
What is the corporate identification number (CIN) and company number of Forvol International Services Limited?
The corporate identification number (CIN) of Forvol International Services Limited is U55100MH1977PLC019660 and the company number is 019660 as per Ministry of Corporate Affairs (MCA).
What is the official website of Forvol International Services Limited?
The Official website of Forvol International Services Limited is https://www.forvoltravel.com
What has been the recent revenue trend for Forvol International Services Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Forvol International Services Limited has risen by 136.74%.
How many employees does Forvol International Services Limited currently have?
As Per 2023 financial reports, 47 employees are currently employed by Forvol International Services Limited.
What change has been observed in the net worth of Forvol International Services Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Forvol International Services Limited has experienced an upsurge of 18.68%.
What are the total open charges for Forvol International Services Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Forvol International Services Limited amount to ₹ 4.25 Cr.
When was the last Balance Sheet of Forvol International Services Limited filed with the ROC?
The most recent Balance Sheet for Forvol International Services Limited was filed with the ROC on 31 Mar 2024.
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