Forward Networks India Private Limited

Provides IT-enabled products and services including data collection, AI, and software support.

2021 | Bangaluru, Karnataka (India) | Active
Last Updated: December 14, 2024

Forward Networks India Profile

Key Indicators

  • Authorised Capital ₹ 0.10 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 3 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 5102.15%
  • Profit Growth 5879.53%
  • Ebitda 1553.60%
  • Net Worth 1805.34%
  • Total Assets 1306.85%

About Forward Networks India

Forward Networks India Private Limited (FNIPL) is a Private Limited Foreign Company Incorporated In India incorporated in India on 16 July 2021 (Three years and seven months 10 days old ). Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology 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 0.10 M and a paid-up capital of Rs 0.10 M, as per Ministry of Corporate Affairs (MCA) records.

Nikhil Handigol and Shreyaskumar Mehta serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2021FTC149552

  • Company No.

    149552

  • Company Classification

    Private Limited Foreign Company Incorporated In India

  • Incorporation Date

    16 Jul 2021

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

Who are the key members and board of directors at Forward Networks India?

Board Members (2)

NameDesignationAppointment DateStatus
Nikhil Handigol Country flag representing In Director 16-Jul-2021Current
Shreyaskumar Mehta Country flag representing In Director 08-Apr-2024Current

Financial Performance of Forward Networks India.

Forward Networks India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 5102.15% increase. The company also saw a substantial improvement in profitability, with a 5879.53% increase in profit. The company's net worth Soared by an impressive increase of 1805.34%.

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
5102.15%
Revenue from Operations
5102.15%
Total Assets
1306.85%
Profit or Loss
5879.53%
Net Worth
1805.34%
EBITDA
1553.60%

What is the Ownership and Shareholding Structure of Forward Networks India?

In 2023, Forward Networks India 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Forward Networks India?

Forward Networks India has a workforce of 24 employees as of Apr 02, 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 Forward Networks India, 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 Forward Networks India'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 Forward Networks India

Recent activity within the organization

  • Annual General Meeting

    Forward Networks India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Shreyaskumar Nandlal Mehta was appointed as a Director was appointed as a Director on 08 Apr 2024 & has been associated with this company since 10 months 17 days .

    08 Apr 2024

  • Balance Sheet

    Forward Networks India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Nikhil Ashok Handigol was appointed as a Director was appointed as a Director on 16 Jul 2021 & has been associated with this company since 3 years 7 months .

    16 Jul 2021

  • Company Incorporation

    Forward Networks India Private Limited was registered on 16 Jul 2021 with Roc Bangalore & aged 3 years 7 months as per MCA records.

    16 Jul 2021

Frequently asked questions

  • Forward Networks India Private Limited was incorporated on 16 Jul 2021.

  • The authorized share capital of Forward Networks India Private Limited is ₹ 0.10 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Forward Networks India Private Limited.

    • Nikhil Ashok Handigol
    • Shreyaskumar Nandlal Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Forward Networks India Private Limited is Indiqube Crystal Ground Floor B Wing Municipal 73 Church Street, Near Mg Road India, Bangalore North, Karnataka, 560001.

  • The corporate identification number (CIN) of Forward Networks India Private Limited is U74999KA2021FTC149552 and the company number is 149552 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Forward Networks India Private Limited has risen by 5102.15%.

  • As Per 2023 financial reports, 24 employees are currently employed by Forward Networks India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Forward Networks India Private Limited has experienced an upsurge of 1805.34%.

  • The most recent Balance Sheet for Forward Networks India Private Limited was filed with the ROC on 31 Mar 2024.

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