Foray Network Services Private Limited
About Foray Network Services Private Limited
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Foray Network Services Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the entertainment venues and properties segment of the events and entertainment sector. It was incorporated on 20 August 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2003PTC032413. Its GSTIN is 29AACCC1811C2Z8 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was formerly known as Willow Tv Private Limited and Pivot Network Services Private Limited. It is led by directors Monica Gangoly and Usha Appanna.
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 No. 203 Raheja Plaza 17 Commissariat Road Bangalore., Karnataka, India – 560025.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.35 Cr. For the same year it recorded a net profit of ₹17.32 Lakh (net margin 1.9%) and EBITDA of ₹27.04 Lakh (EBITDA margin 2.9%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 1% over five years.
The company has about 44 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Name history
Foray Network Services has undergone 3 name changes throughout its history. The company was previously known as Willow Tv Private Limited, Pivot Network Services Private Limited, and Cxw Software Services Private Limited. The current legal name is Foray Network Services Private Limited.
| Company Name | Status |
|---|---|
| Foray Network Services Private Limited | Current |
| Willow Tv Private Limited | Previous |
| Pivot Network Services Private Limited | Previous |
| Cxw Software Services Private Limited | Previous |
Contact details
Foray Network Services Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressNo. 203 Raheja Plaza 17 Commissariat Road Bangalore., Karnataka, India – 560025
- IndustryEvents and Entertainment, Entertainment Venues & Properties
To see the full contact details of Foray Network Services 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 Foray Network Services is information and communication. In detail, this covers broadcasting and programming activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J4 | Broadcasting and programming activities |
To see the full business activity and turnover split of Foray Network Services Private Limited, buy the company report.
Financials of Foray Network Services Private Limited
FY 2025 filings availableForay Network Services Private Limited reported revenue of ₹9.35 Cr for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 1% over five years. EBITDA fell 64% 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 | ₹27.04 Lakh | ||||
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| Net Profit (PAT) | ₹17.32 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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| Profitability | |||||
| EBITDA Margin | 2.9% | ||||
| Net Profit Margin | 1.9% | ||||
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To see the full financial statements and ratios of Foray Network Services Private Limited, buy the company report.
Board of directors of Foray Network Services Private Limited
Foray Network Services 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 |
|---|---|---|---|---|
| Monica Gangoly Also directs: Protocol Automation Technologies Private Limited | Director | 13 Jan 2017 | 9 Years 9 Months | Current |
| Usha Appanna | Director | 25 Oct 2004 | 22 Years 0 Months | Current |
Peer comparison
Foray Network Services Private Limited is compared with the 4 companies closest to it by revenue in the Media and Publishing industry (TV and Radio Broadcasting), with the same principal business activity (broadcasting and programming activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vasanth & Co. Media Network Private Limited | ₹9.85 Cr (FY 2025) | -1.0% | Chennai, Tamil Nadu, India | |||
| Foray Network Services Private Limitedthis company | ₹9.35 Cr (FY 2025) | ₹17.32 Lakh | 1.9% | 44 | Bangalore, Karnataka, India | |
| GTPL V & S Cable Private Limited | ₹9.22 Cr (FY 2025) | -24.0% | Dibrugarh, Assam, India | |||
| Agile Broadband Private Limited | ₹9.09 Cr (FY 2022) | -6.0% | Haldwani, Uttarakhand, India | |||
| Omega Broadcast Private Limited | ₹9.08 Cr (FY 2025) | 9.0% | Delhi, India |
To see the full peer comparison of Foray Network Services Private Limited, buy the company report.
Auditor
Foray Network Services Private Limited is audited by S.P. KRISHNAMURTHY & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S.P. KRISHNAMURTHY & CO. | FY 2023 | 007099S |
Shareholding
The shareholding of Foray Network Services 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 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Foray Network Services Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Foray Network Services 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
No delayed payments to MSME suppliers are on our record for Foray Network Services Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Foray Network Services has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Bennett Broadcasting & Distribution Services Limited | U92100DL2008PLC263820 |
To see the full group structure of Foray Network Services Private Limited, buy the company report.
Employees & EPFO
Foray Network Services Private Limited has a workforce of 44 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Foray Network Services has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCC1811C2Z8 | Karnataka | Active | 03 Jul 2018 |
To see the full GST registrations and return filing status of Foray Network Services Private Limited, buy the company report.
Recent activity
Foray Network Services Private Limited has 5 board changes on record since 2004: 2 appointments and 3 cessations. The latest: Monica Gangoly ceased to be Additional Director on 30 Sep 2017.
Frequently asked questions
Foray Network Services is an active private limited company based in Bangalore, Karnataka, India. The company works in entertainment venues and properties, within the events and entertainment industry. It was incorporated on 20 August 2003 (23+ years old) and is registered under CIN U72200KA2003PTC032413.
Foray Network Services has 2 current directors:
- Monica Gangoly - Director
- Usha Appanna - Director
The latest financial statements of Foray Network Services 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 Foray Network Services is 29AACCC1811C2Z8, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Foray Network Services is U72200KA2003PTC032413. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foray Network Services was incorporated on 20 August 2003, making it 23+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Foray Network Services by revenue are Vasanth & Co. Media Network Private Limited, GTPL V & S Cable Private Limited, Agile Broadband Private Limited, Omega Broadcast Private Limited, all in the Media and Publishing industry (TV and Radio Broadcasting), with the same principal business activity (broadcasting and programming activities).
Monica Gangoly ceased to be Additional Director on 30 Sep 2017. Monica Gangoly was appointed as Director on 13 Jan 2017. Sagar Chand Mehta ceased to be Director on 13 Jan 2017. Foray Network Services has 5 board changes on record in total.
The registered office of Foray Network Services is at No. 203 Raheja Plaza 17 Commissariat Road Bangalore., Karnataka, India – 560025.
Foray Network Services operates in the events and entertainment industry, in the entertainment venues and properties segment.
The compliance status of Foray Network Services is compliant as of 12 September 2026. The company is actively filing with the Registrar of Companies.