Forman Technology Private Limited
About Forman Technology Private Limited
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Forman Technology Private Limited is a private limited company based in Bhubaneswar, Odisha, India. It operates in the computer and IT-related services segment of the technology and IT services sector. It was incorporated on 19 November 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U72900OR2020PTC034837.
The company has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹2 Lakh. It is led by directors Liakat Ali Khan and Tarannum Parween.
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 Bhubaneswar, Odisha.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.44 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.67 Lakh (net margin 3.6%) and EBITDA of ₹2.09 Lakh (EBITDA margin 4.5%). Revenue has grown at a compounded annual rate (CAGR) of 270% over three years.
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- Registered AddressPlot No – 1374/3853 Gandamunda, Jagamara, Bhubaneswar, Odisha, India – 751030
- IndustryInformation Technology, Other Computer Related Activities
- 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
Business Activity of Forman Technology Private Limited
The main business activity of Forman Technology is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Forman Technology Private Limited FY 2025 filings available
Forman Technology Private Limited reported revenue of ₹46.44 Lakh (up 793% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Forman Technology Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 270% over three years, including 793% growth in the latest year. EBITDA rose 286% 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 of Forman Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹2.09 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.67 Lakh | •••• | •••• | •••• | •••• |
| 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 Forman Technology Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• | •••• |
| 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 Forman Technology are in the company report.
Financial statements from FY 2021
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.
Board of Directors of Forman Technology Private Limited
Forman Technology has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tarannum Parween | Additional Director | 01 Mar 2022 | 4 Years 7 Months | Current |
| Liakat Ali Khan | Director | 19 Nov 2020 | 5 Years 11 Months | Current |
Peer Comparison of Forman Technology Private Limited
Forman Technology Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Other professional, scientific and technical activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sagoma Enterprises Pvt Ltd | ₹46.48 Lakh (FY 2024) | •••• | •••• | -28.0% | •••• | Kolkata, West Bengal, India |
| Addcode Engineering Private Limited | ₹46.47 Lakh (FY 2025) | •••• | •••• | 85.0% | •••• | Vadodara, Gujarat, India |
| Agroha Tech Ventures Private Limited | ₹46.47 Lakh (FY 2025) | •••• | •••• | 159.0% | •••• | Aburoad, Rajasthan, India |
| Nivel Research Private Limited | ₹46.45 Lakh (FY 2024) | •••• | •••• | 15.0% | •••• | New Delhi, Delhi, India |
| Upman Consultants Private Limited | ₹46.45 Lakh (FY 2024) | •••• | •••• | -3.0% | •••• | Ahmedabad, Gujarat, India |
| Forman Technology Private Limited this company | ₹46.44 Lakh (FY 2025) | •••• | •••• | 793.0% | •••• | Bhubaneswar, Odisha, India |
| Desanco Solutions Private Limited | ₹46.44 Lakh (FY 2024) | •••• | •••• | 18.0% | •••• | Bangalore, Karnataka, India |
| Renderbit Technologies Private Limited | ₹46.43 Lakh (FY 2025) | •••• | •••• | 3.0% | •••• | Kolkata, West Bengal, India |
| Vire Entterglobe Private Limited | ₹46.41 Lakh (FY 2025) | •••• | •••• | 269.0% | •••• | New Delhi, Delhi, India |
| Defcatalyzers Private Limited | ₹46.4 Lakh (FY 2025) | •••• | •••• | 364.0% | •••• | New Delhi, Delhi, India |
| Technistrat Business Services Private Limited | ₹46.4 Lakh (FY 2025) | •••• | •••• | 28.0% | •••• | Gurgaon, Haryana, India |
Peers are the five companies nearest above and the five nearest below Forman Technology by revenue in the same principal business activity (Other professional, scientific and technical activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Ownership and Shareholding of Forman Technology 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 Forman Technology Private Limited
Forman Technology Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Forman Technology Private Limited
Forman Technology Private Limited has a workforce of 0 employees as of Apr 05, 2024.
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 Forman Technology Private Limited
Forman Technology Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Rajani Kanta Biswal ceased to be Director on 15 Mar 2022.
Credit Ratings, Litigation & Regulatory Alerts for Forman Technology 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 Forman Technology 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 Forman Technology 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 Forman Technology Private Limited
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 Forman Technology 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 Forman Technology Private Limited
Forman Technology is an active private limited company based in Bhubaneswar, Odisha, India. The company works in other computer related activities, within the information technology industry. It was incorporated on 19 November 2020 (6+ years old) and is registered under CIN U72900OR2020PTC034837.
Forman Technology reported revenue of ₹46.44 Lakh for FY 2025 (up 793% YoY).
Forman Technology has 2 current directors:
- Tarannum Parween - Additional Director
- Liakat Ali Khan - Director
Forman Technology reported a net profit of ₹1.67 Lakh (net margin 3.6%) and EBITDA of ₹2.09 Lakh (EBITDA margin 4.5%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Forman Technology is 270% over three years. In the latest year (FY 2025) revenue rose 793%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Forman Technology is U72900OR2020PTC034837. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forman Technology was incorporated on 19 November 2020, making it 6+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Forman Technology by revenue are Sagoma Enterprises Pvt Ltd, Addcode Engineering Private Limited, Agroha Tech Ventures Private Limited, Nivel Research Private Limited, Upman Consultants Private Limited and 5 more, all in the same principal business activity (Other professional, scientific and technical activities).
Rajani Kanta Biswal ceased to be Director on 15 Mar 2022. Tarannum Parween was appointed as Additional Director on 01 Mar 2022. Liakat Ali Khan was appointed as Director on 19 Nov 2020.
The registered office of Forman Technology is at Plot No – 13743853 Gandamunda, Jagamara, Bhubaneswar, Odisha, India – 751030.
Forman Technology has an authorised share capital of ₹15 Lakh and a paid-up capital of ₹2 Lakh.