Foa Growthtech Private Limited
About Foa Growthtech Private Limited
Data last updated:
Foa Growthtech Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 14 July 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U93090MH2011PTC219778. Its GSTIN is 27AABCF8018P1Z7 (Maharashtra).
The company had an authorised share capital of ₹11.5 Lakh and a paid-up capital of ₹11.5 Lakh. It was formerly known as Friends of Ambition Advisory Private Limited. It was led by directors Sanjay Barkataki and Rabi Kiran Sahoo.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at A 401 Ashok Towers 63/74 Dr B R Ambedkar Road Parel, Mumbai, Maharashtra, India – 400012.
The company has 5 deals on record (2 rights issues, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹58.3 Lakh; the latest was in April 2017.
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- Registered AddressA 401 Ashok Towers 63/74 Dr B R Ambedkar Road Parel, Mumbai, Maharashtra, India – 400012
- IndustryInformation Technology, IT Consulting & Support Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Financials of Foa Growthtech Private Limited FY 2020 filings available
Foa Growthtech Private Limited reported revenue of ₹501 (down 100% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR) of Foa Growthtech Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 82% over five years. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Foa Growthtech Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | •••• | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | •••• | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Foa Growthtech Private Limited
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Foa Growthtech are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Auditor Details of Foa Growthtech Private Limited
Foa Growthtech Private Limited is audited by JAI VATNANI & CO for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAI VATNANI & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Foa Growthtech Private Limited
Foa Growthtech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjay Barkataki Also directs: Friends of Ambition Advisory LLP | Director | 14 Jul 2011 | 15 Years 2 Months | As last reported |
| Rabi Kiran Sahoo Also directs: Venturenursery Brands LLP, Venturenursery Advisors LLP, Friends of Ambition Advisory LLP and 1 more | Director | 14 Jul 2011 | 15 Years 2 Months | As last reported |
Ownership and Shareholding of Foa Growthtech Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Foa Growthtech Private Limited
Foa Growthtech Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Foa Growthtech Private Limited
Foa Growthtech Private Limited has 5 deals on record (2 rights issues, 1 funding round, 1 convertible or debt financing), with disclosed funding of ₹58.3 Lakh; the latest was in April 2017.
Deals on record (4 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2016 | Rights issue | ₹11 Lakh | Investors: 2 individuals |
| Dec 2015 | Rights issue | ₹12.2 Lakh | Investors: 2 individuals |
| Mar 2013 | Funding round | ₹8.3 Lakh | Investors: 3 individuals |
| Oct 2012 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Foa Growthtech Private Limited
Employment history and EPFO contributions of people linked to Foa Growthtech.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Foa Growthtech Private Limited
Foa Growthtech Private Limited has 4 board changes on record since 2011: 2 appointments and 2 cessations. The latest: Subodh Kumar Srivastav ceased to be Director on 22 Aug 2012.
Credit Ratings, Litigation & Regulatory Alerts for Foa Growthtech Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Foa Growthtech Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Foa Growthtech Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Foa Growthtech Private Limited
Foa Growthtech has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF8018P1Z7 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Foa Growthtech Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Foa Growthtech Private Limited
Foa Growthtech has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Foa Growthtech was a private limited company based in Mumbai, Maharashtra, India. The company worked in IT consulting and support services, within the information technology industry. It was incorporated on 14 July 2011 and is registered under CIN U93090MH2011PTC219778. The company has been struck off by the Registrar of Companies and is no longer operational.
Foa Growthtech had 2 directors:
- Sanjay Barkataki - Director
- Rabi Kiran Sahoo - Director
The CIN (Corporate Identification Number) of Foa Growthtech is U93090MH2011PTC219778. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Foa Growthtech is at A 401 Ashok Towers 6374 Dr B R Ambedkar Road Parel, Mumbai, Maharashtra, India – 400012.
Foa Growthtech was incorporated on 14 July 2011. It is registered with the Registrar of Companies, Mumbai.
Foa Growthtech has an authorised share capital of ₹11.5 Lakh and a paid-up capital of ₹11.5 Lakh.
The GSTIN of Foa Growthtech is 27AABCF8018P1Z7, registered in Maharashtra.
Foa Growthtech operated in the information technology industry, in the IT consulting and support services segment. It worked in this industry before it was struck off.
No. Foa Growthtech is not listed on any stock exchange. It is an unlisted company.