About Forbes Technologies India Private Limited
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Forbes Technologies India Private Limited is a foreign private limited company based in Mumbai, Maharashtra, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 20 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2018FTC314489. Its GSTIN is 27AADCF5300Q1ZG (Maharashtra).
The company has an authorised share capital of ₹6.23 Cr and a paid-up capital of ₹6.13 Cr. It is led by directors including Manav Rajeev Mehta and Achir Kalra.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.57 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹6.68 Cr (net margin 11.2%) and EBITDA of ₹10.3 Cr (EBITDA margin 17.3%). Revenue has grown at a compounded annual rate (CAGR) of 67% over three years and 42% over five years.
The company has about 233 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forbestech.com.
Company details
Contact details
Forbes Technologies India Private Limited's registered office is in Mumbai, Maharashtra. Its website is forbestech.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressWework Raheja Platinum – 2nd Floor B Wing 119, Raheja Platinum Road Off Andheri – Kurla Road Sag Baug Marol Andheri East, Mumbai, Maharashtra, India – 400059
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Forbes Technologies India 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 Forbes Technologies India is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. |
To see the full business activity and turnover split of Forbes Technologies India Private Limited, buy the company report.
Financials of Forbes Technologies India Private Limited
FY 2025 filings availableForbes Technologies India Private Limited reported revenue of ₹59.57 Cr (up 30% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 30% growth in the latest year. EBITDA rose 31% 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 | ₹10.3 Cr | ||||
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| Net Profit (PAT) | ₹6.68 Cr | ||||
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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 | 17.3% | ||||
| Net Profit Margin | 11.2% | ||||
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To see the full financial statements and ratios of Forbes Technologies India Private Limited, buy the company report.
Board of directors of Forbes Technologies India Private Limited
Forbes Technologies India has 5 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manav Rajeev Mehta Also directs: Velvet Rope Digital Communities LLP | Director | 10 Jan 2023 | 3 Years 9 Months | Current |
| Achir Kalra | Director | 29 Mar 2019 | 7 Years 6 Months | Current |
| Suniti Santosh Yelkar | Director | 20 Sep 2018 | 8 Years 1 Months | Current |
| Jeffrey Chun Lok Yam | Director | 29 Mar 2019 | 7 Years 6 Months | Current |
| Thomas John Callahan | Director | 10 May 2023 | 3 Years 5 Months | Current |
Legal cases
Forbes Technologies India Private Limited has 1 court case on record: 1 filed by Forbes Technologies India. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court | Writ petition | Filed by the company against The State of Karnataka | Disposed |
To see the full case history of Forbes Technologies India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Forbes Technologies India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Forbes Technologies India Private Limited has a workforce of 233 employees on its EPFO records as of Apr 10, 2024, across 1 active EPFO establishment.
GST
Forbes Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCF5300Q1ZG | Maharashtra | Active | 18 Mar 2019 |
To see the full GST registrations and return filing status of Forbes Technologies India Private Limited, buy the company report.
Recent activity
Forbes Technologies India Private Limited has 10 board changes on record since 2018: 5 appointments and 5 cessations. The latest: Manav Rajeev Mehta ceased to be Additional Director on 29 Sep 2023.
1 earlier event is in the company report.
Frequently asked questions
Forbes Technologies India is an active foreign private limited company based in Mumbai, Maharashtra, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 20 September 2018 (8+ years old) and is registered under CIN U74999MH2018FTC314489.
Forbes Technologies India has 5 current directors:
- Manav Rajeev Mehta - Director
- Achir Kalra - Director
- Suniti Santosh Yelkar - Director
- Jeffrey Chun Lok Yam - Director
- Thomas John Callahan - Director
The latest financial statements of Forbes Technologies India 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 FY 2019 are in the company report.
The GSTIN of Forbes Technologies India is 27AADCF5300Q1ZG, registered in Maharashtra.
The CIN (Corporate Identification Number) of Forbes Technologies India is U74999MH2018FTC314489. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forbes Technologies India has 1 court case on record: 1 filed by the company.
Forbes Technologies India was incorporated on 20 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
Manav Rajeev Mehta ceased to be Additional Director on 29 Sep 2023. Thomas John Callahan was appointed as Director on 10 May 2023. Manav Rajeev Mehta was appointed as Director on 10 Jan 2023. Forbes Technologies India has 10 board changes on record in total.
Forbes Technologies India can be reached through the website forbestech.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Forbes Technologies India is at Wework Raheja Platinum – 2nd Floor B Wing 119, Raheja Platinum Road Off Andheri – Kurla Road Sag Baug Marol Andheri East, Mumbai, Maharashtra, India – 400059.