Foa Research Private Limited
About Foa Research Private Limited
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Foa Research Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the database management and solutions segment of the technology and IT services sector. It was incorporated on 06 July 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74140MH2012PTC233051. Its GSTIN is 27AACCF0041P1ZN (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ramachandran Sambasivan (Managing Director) and Varsha Parag Deshpande.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at C – 2/23 Textila Chs Veer Savarakar Marg Prabhadevi Dadar(West), Mumbai, Maharashtra, India – 400025.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.94 Cr, a growth of 27% compared to the previous year. For the same year it recorded a net loss of ₹29.78 Lakh (net margin -15.3%) and EBITDA of -₹28.09 Lakh (EBITDA margin -14.5%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years and 4% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Foa Research Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressC – 2/23 Textila Chs Veer Savarakar Marg Prabhadevi Dadar(West), Mumbai, Maharashtra, India – 400025
- IndustryInformation Technology, Database Management & Solutions
To see the full contact details of Foa Research Private Limited, buy the company report.
- 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
Business activity
The main business activity of Foa Research is information and communication. In detail, this covers information service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | 63 | Information service activities |
To see the full business activity and turnover split of Foa Research Private Limited, buy the company report.
Financials of Foa Research Private Limited
FY 2025 filings availableFoa Research Private Limited reported revenue of ₹1.94 Cr (up 27% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 27% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 4%. EBITDA rose 2% in the latest year. 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹28.09 Lakh | ||||
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| Net Profit (PAT) | -₹29.78 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | -14.5% | ||||
| Net Profit Margin | -15.3% | ||||
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To see the full financial statements and ratios of Foa Research Private Limited, buy the company report.
Board of directors of Foa Research Private Limited
Foa Research has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Varsha Parag Deshpande Also directs: Icon Infosolutions Private Limited | Director | 15 Jun 2017 | 9 Years 4 Months | Current |
| Ramachandran Sambasivan | Managing Director | 06 Jul 2012 | 14 Years 4 Months | Current |
Auditor
Foa Research Private Limited is audited by PRADHAN PHADKE & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| PRADHAN PHADKE & ASSOCIATES | FY 2023 | 108035W |
Shareholding
The shareholding of Foa Research Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
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| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Foa Research Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Foa Research Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Foa Research Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Lobo Staffing Solutions Private Limited |
To see the full MSME payment records of Foa Research Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Foa Research has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF0041P1ZN | Maharashtra | Active | 13 Oct 2017 |
To see the full GST registrations and return filing status of Foa Research Private Limited, buy the company report.
Recent activity
Foa Research Private Limited has 5 board changes on record since 2012: 2 appointments and 3 cessations. The latest: Varsha Parag Deshpande ceased to be Additional Director on 20 Sep 2017.
Frequently asked questions
Foa Research is an active private limited company based in Mumbai, Maharashtra, India. The company works in database management and solutions, within the information technology industry. It was incorporated on 06 July 2012 (14+ years old) and is registered under CIN U74140MH2012PTC233051.
Foa Research has 2 current directors:
- Ramachandran Sambasivan - Managing Director
- Varsha Parag Deshpande - Director
The latest financial statements of Foa Research on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Foa Research is 27AACCF0041P1ZN, registered in Maharashtra.
The CIN (Corporate Identification Number) of Foa Research is U74140MH2012PTC233051. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foa Research was incorporated on 06 July 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
Varsha Parag Deshpande ceased to be Additional Director on 20 Sep 2017. Rajam Ramachandran ceased to be Director on 28 Jul 2017. Varsha Parag Deshpande was appointed as Director on 15 Jun 2017. Foa Research has 5 board changes on record in total.
Foa Research has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 1 overdue payment to 1 micro and small supplier. The latest return was filed on 09 Jun 2019.
The registered office of Foa Research is at C – 223 Textila Chs Veer Savarakar Marg Prabhadevi DadarWest, Mumbai, Maharashtra, India – 400025.
Foa Research operates in the information technology industry, in the database management and solutions segment.
The compliance status of Foa Research is compliant as of 11 July 2026. The company is actively filing with the Registrar of Companies.
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