About Forem Consultants Private Limited
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Forem Consultants Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the management consultancy segment of the business services sector. It was incorporated on 21 December 2000 and has been in existence for over 26 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74140KA2000PTC028335. Its GSTIN is 29AAACF6618E1ZP (Karnataka).
The company has an authorised share capital of ₹2 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Subramanian Kodandaraman and Venkata Subramani Lakshmi.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at No.375 13th Cross Sadashivanagar Bangalore, Karnataka, India – 560080.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.34 Lakh, a decline of 33% compared to the previous year. For the same year it recorded a net loss of ₹2.08 Lakh (net margin -39.1%) and EBITDA of -₹2.06 Lakh (EBITDA margin -38.7%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years and 6% over five years.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forem-india.com.
Company details
Contact details
Forem Consultants Private Limited's registered office is in Bangalore, Karnataka. Its website is forem-india.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo.375 13th Cross Sadashivanagar Bangalore, Karnataka, India – 560080
- IndustryBusiness Services, Management Consultancy
To see the full contact details of Forem Consultants 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 Forem Consultants is professional, scientific and technical. In detail, this covers management consultancy activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M3 | Management consultancy activities |
To see the full business activity and turnover split of Forem Consultants Private Limited, buy the company report.
Financials of Forem Consultants Private Limited
FY 2025 filings availableForem Consultants Private Limited reported revenue of ₹5.34 Lakh (down 33% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 33% fall in the latest year. EBITDA fell 462% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹2.06 Lakh | ||||
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| Net Profit (PAT) | -₹2.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -38.7% | ||||
| Net Profit Margin | -39.1% | ||||
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To see the full financial statements and ratios of Forem Consultants Private Limited, buy the company report.
Board of directors of Forem Consultants Private Limited
Forem Consultants 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 |
|---|---|---|---|---|
| Subramanian Kodandaraman | Director | 21 Dec 2000 | 25 Years 10 Months | Current |
| Venkata Subramani Lakshmi | Director | 03 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Forem Consultants Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (management consultancy activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| A2z Global Ventures Private Limited | ₹5.35 Lakh (FY 2024) | 102.0% | New Delhi, Delhi, India | |||
| SME Business Process Advisors Private Limited | ₹5.35 Lakh (FY 2022) | 62.0% | New Delhi, Delhi, India | |||
| N.R. Manpower Solution Private Limited | ₹5.35 Lakh (FY 2021) | Bariatu, Jharkhand, India | ||||
| Sage Solutions Private Limited | ₹5.35 Lakh (FY 2024) | -69.0% | Gurgaon, Haryana, India | |||
| Provido Alserve Private Limited | ₹5.34 Lakh (FY 2025) | -10.0% | Indore, Madhya Pradesh, India | |||
| Forem Consultants Private Limitedthis company | ₹5.34 Lakh (FY 2024) | -₹2.08 Lakh | -39.1% | -33.0% | Bangalore, Karnataka, India | |
| A-One Care & Security Services Private Limited | ₹5.34 Lakh (FY 2024) | Bhubaneswar, Odisha, India | ||||
| Fintune Business Solution Private Limited | ₹5.33 Lakh (FY 2024) | 16.0% | Chikodi, Karnataka, India | |||
| Marg Consulting Services Private Limited | ₹5.33 Lakh (FY 2025) | 137.0% | Noida, Uttar Pradesh, India | |||
| CH Digital HR Private Limited | ₹5.33 Lakh (FY 2024) | -33.0% | Bangalore, Karnataka, India | |||
| Mind Skills Corporate Consultancy and Training Private Limited | ₹5.33 Lakh (FY 2019) | 106.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Forem Consultants Private Limited, buy the company report.
Auditor
Forem Consultants Private Limited is audited by HS UDUPA AND CO. for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HS UDUPA AND CO. | FY 2017 | 004447S |
Shareholding
The shareholding of Forem Consultants Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Forem Consultants Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Forem Consultants 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 Forem Consultants Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Forem Consultants has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACF6618E1ZP | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Forem Consultants Private Limited, buy the company report.
Recent activity
Forem Consultants Private Limited has 5 board changes on record since 2000: 3 appointments and 2 cessations. The latest: Venkata Subramani Lakshmi was appointed as Director on 03 Mar 2025.
Frequently asked questions
Forem Consultants is an active private limited company based in Bangalore, Karnataka, India. The company works in management consultancy, within the business services industry. It was incorporated on 21 December 2000 (26+ years old) and is registered under CIN U74140KA2000PTC028335.
Forem Consultants has 2 current directors:
- Subramanian Kodandaraman - Director
- Venkata Subramani Lakshmi - Director
The latest financial statements of Forem Consultants on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Forem Consultants is 29AAACF6618E1ZP, registered in Karnataka.
The CIN (Corporate Identification Number) of Forem Consultants is U74140KA2000PTC028335. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forem Consultants was incorporated on 21 December 2000, making it 26+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Forem Consultants by revenue are A2z Global Ventures Private Limited, SME Business Process Advisors Private Limited, N.R. Manpower Solution Private Limited, Sage Solutions Private Limited, Provido Alserve Private Limited and 5 more, all in the same principal business activity (management consultancy activities).
Venkata Subramani Lakshmi was appointed as Director on 03 Mar 2025. Balaji Palani Seshagiri Rao ceased to be Additional Director on 17 Dec 2024. Subba Rao Venkoba Rao ceased to be Director on 07 May 2013. Forem Consultants has 5 board changes on record in total.
Forem Consultants can be reached through the website forem-india.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Forem Consultants is at No.375 13th Cross Sadashivanagar Bangalore, Karnataka, India – 560080.
Forem Consultants operates in the business services industry, in the management consultancy segment.
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