Forza Medi (India) Private Limited

Manufactures and exports various types of wheelchairs under Forza Freedom brand.

2000 | Delhi (India) | Active
Last Updated: October 23, 2024

Forza Medi (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.50 M
  • Company Age 24 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 54.00 Cr
  • Satisfied Charges ₹ 9.16 Cr
  • Revenue Growth 42.97%
  • Profit Growth 48.35%
  • Ebitda 2.98%
  • Net Worth 10.99%
  • Total Assets 12.56%

About Forza Medi (India)

Forza Medi (India) Private Limited (FMIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 May 2000 and has a history of 24 years and nine months. Its registered office is in Delhi, India.

The Company is engaged in the Healthcare 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 Cr and a paid-up capital of Rs 8.50 M.

The company currently has active open charges totaling ₹54.00 Cr. The company has closed loans amounting to ₹9.16 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sahil Uttam, Reshma Jain, Ashish Jain, and One other member serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    forzamedi.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51397DL2000PTC105761

  • Company No.

    105761

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 May 2000

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Healthcare

What products or services does Forza Medi (India) Private Limited offer?

Forza Medi (India) Private Limited offers a wide range of products and services, including Surgical & Medical Consumables, Medical Shoes, Wheelchairs, Manual Wheelchairs, Upper Body Orthotic Devices, Orthopedic Braces, Wheel Chairs, Crutches and Walker, Orthopedic Equipment & Supplies, Rehab Splints, Knee Splints.

Who are the key members and board of directors at Forza Medi (India)?

Board Members (4)

NameDesignationAppointment DateStatus
Sahil Uttam Country flag representing In Director 15-Dec-2021Current
Reshma Jain Country flag representing In Director 07-Jun-2000Current
Ashish Jain Country flag representing In Director 19-May-2000Current
Rishab Soni Country flag representing In Director 15-Dec-2021Current

Financial Performance of Forza Medi (India).

Forza Medi (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 42.97% increase. The company also saw a substantial improvement in profitability, with a 48.35% increase in profit. The company's net worth Soared by an impressive increase of 10.99%.

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
42.97%
Revenue from Operations
39.14%
Total Assets
12.56%
Profit or Loss
48.35%
Net Worth
10.99%
EBITDA
2.98%

What is the Ownership and Shareholding Structure of Forza Medi (India)?

In 2023, Forza Medi (India) had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹54.00 Cr

Satisfied Charges

₹9.16 Cr

Charges Breakdown by Lending Institutions

  • Others : 43.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 6.00 Cr
  • Ing Vyasa Bank Limited : 3.00 Cr
  • Ing Vysya Bank Ltd : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
23 Apr 2022The Hongkong And Shanghai Banking Corporation Limited₹4.00 CrOpen
25 Jan 2021The Hongkong And Shanghai Banking Corporation Limited₹2.00 CrOpen
24 May 2006Others₹43.00 CrOpen
22 Apr 2006Ing Vysya Bank Ltd₹2.00 CrOpen
28 Jan 2006Ing Vyasa Bank Limited₹1.50 CrOpen

How Many Employees Work at Forza Medi (India)?

Forza Medi (India) has a workforce of 104 employees as of Sep 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Forza Medi (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 Forza Medi (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 Forza Medi (India)

Recent activity within the organization

  • Annual General Meeting

    Forza Medi (India) Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Forza Medi (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 4.00 Cr with Charge ID 100562523 was registered on 23 Apr 2022.

    23 Apr 2022

  • Director Appointment

    Rishab Soni was appointed as a Director was appointed as a Director on 15 Dec 2021 & has been associated with this company since 3 years 2 months .

    15 Dec 2021

  • Director Appointment

    Sahil Uttam was appointed as a Director was appointed as a Director on 15 Dec 2021 & has been associated with this company since 3 years 2 months .

    15 Dec 2021

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 2.00 Cr with Charge ID 100417459 was registered on 25 Jan 2021.

    25 Jan 2021

Frequently asked questions

  • Forza Medi (India) Private Limited was incorporated on 19 May 2000.

  • The authorized share capital of Forza Medi (India) Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 8.50 M.

  • Currently 4 directors are associated with Forza Medi (India) Private Limited.

    • Sahil Uttam
    • Reshma Jain
    • Ashish Jain
    • Rishab Soni
  • As per Ministry of Corporate Affairs (Mca), the registered address of Forza Medi (India) Private Limited is A-5Malcha Marg Diplomatic Enclave India, New Delhi, 110021.

  • The corporate identification number (CIN) of Forza Medi (India) Private Limited is U51397DL2000PTC105761 and the company number is 105761 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Forza Medi (India) Private Limited is https://www.forzamedi.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Forza Medi (India) Private Limited has risen by 42.97%.

  • As Per 2022 financial reports, 104 employees are currently employed by Forza Medi (India) Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Forza Medi (India) Private Limited has experienced an upsurge of 10.99%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Forza Medi (India) Private Limited amount to ₹ 54.00 Cr.

  • The most recent Balance Sheet for Forza Medi (India) Private Limited was filed with the ROC on 31 Mar 2023.