Forward Resources Private Limited
About Forward Resources Private Limited
Data last updated:
Forward Resources Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the electrical services segment of the construction sector. It was incorporated on 01 December 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U45201GJ2008PTC055578. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Guddu Rajak and Jagdishchand Somani.
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 302/C 3rd Floor Madhuli Complex Sagrampura Surat, Gujarat, India – 395001.
As per the financials filed for FY 2025, the company reported a revenue of ₹27.85 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹1.06 Lakh (net margin -3.8%) and EBITDA of -₹1.06 Lakh (EBITDA margin -3.8%). Revenue has declined at a compounded annual rate (CAGR) of 13% over three years and 6% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Forward Resources Private Limited's registered office is in Surat, Gujarat. Its e-mail address is in the company report.
- Email
- Registered Address302/C 3rd Floor Madhuli Complex Sagrampura Surat, Gujarat, India – 395001
- IndustryConstruction, Electrical Services, Plumbing Services & Construction Specialties, Demolition & Construction Services
To see the full contact details of Forward Resources 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 Forward Resources is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Forward Resources Private Limited, buy the company report.
Financials of Forward Resources Private Limited
FY 2025 filings availableForward Resources Private Limited reported revenue of ₹27.85 Lakh (down 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 8% fall in the latest year. EBITDA rose 29% 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 | -₹1.06 Lakh | ||||
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| Net Profit (PAT) | -₹1.06 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 | -3.8% | ||||
| Net Profit Margin | -3.8% | ||||
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To see the full financial statements and ratios of Forward Resources Private Limited, buy the company report.
Board of directors of Forward Resources Private Limited
Forward Resources has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Guddu Rajak Also directs: Navapur Synthetics Private Limited, Flower Fabrics Private Limited, Reynolds Petro Chems Limited and 3 more | Director | 09 Dec 2019 | 6 Years 10 Months | Current |
| Jagdishchand Somani Also directs: Varaha Mihir Info Domain Private Limited | Director | 02 Jun 2014 | 12 Years 4 Months | Current |
Peer comparison
Forward Resources Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vinayak Merchandise Private Limited | ₹27.87 Lakh (FY 2019) | 5.0% | Kolkata, West Bengal, India | |||
| Agrim Marmo Private Limited | ₹27.87 Lakh (FY 2023) | 127.0% | Jodhpur, Rajasthan, India | |||
| Kingdom 24 Private Limited | ₹27.86 Lakh (FY 2024) | 129.0% | Noida, Uttar Pradesh, India | |||
| Vithu-Mauli Farmtec Hitech Agro Farmers Producer Company Limited | ₹27.85 Lakh (FY 2025) | 28.0% | Latur, Maharashtra, India | |||
| Apex Texfab Private Limited | ₹27.85 Lakh (FY 2018) | -8.0% | Surat, Gujarat, India | |||
| Forward Resources Private Limitedthis company | ₹27.85 Lakh (FY 2025) | -₹1.06 Lakh | -3.8% | -8.0% | Surat, Gujarat, India | |
| Auro Electronics (India)) Pvt Ltd | ₹27.84 Lakh (FY 2025) | 3.0% | Ambala, Haryana, India | |||
| Devnarayan Energy Private Limited | ₹27.84 Lakh (FY 2025) | -36.0% | Gauribazar, Uttar Pradesh, India | |||
| Pureera India Private Limited | ₹27.84 Lakh (FY 2019) | -37.0% | New Delhi, Delhi, India | |||
| Karan Interiors Limited | ₹27.83 Lakh (FY 2024) | 216.0% | Ahmedabad, Gujarat, India | |||
| Jaivik Shetkari Unnati Producer Company Limited | ₹27.83 Lakh (FY 2025) | -53.0% | Solapur, Maharashtra, India |
To see the full peer comparison of Forward Resources Private Limited, buy the company report.
Auditor
Forward Resources Private Limited is audited by ROBIN BANSAL for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ROBIN BANSAL | FY 2017 | 140194W |
Shareholding
The shareholding of Forward Resources Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Forward Resources Private Limited, buy the company report.
Legal cases
Forward Resources Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Court case (TAXAP) | Filed against the company by The Commissioner, CGST and Central Excise Commissionerate, Surat | Disposed |
To see the full case history of Forward Resources 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 Forward Resources Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Forward Resources has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Forward Resources Private Limited, buy the company report.
Recent activity
Forward Resources Private Limited has 7 board changes on record since 2013: 2 appointments and 5 cessations. The latest: Guddu Rajak was appointed as Director on 09 Dec 2019.
Frequently asked questions
Forward Resources is an active private limited company based in Surat, Gujarat, India. The company works in electrical services, within the construction industry. It was incorporated on 01 December 2008 (18+ years old) and is registered under CIN U45201GJ2008PTC055578.
Forward Resources has 2 current directors:
- Guddu Rajak - Director
- Jagdishchand Somani - Director
The latest financial statements of Forward Resources 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.
No. Forward Resources has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Forward Resources is U45201GJ2008PTC055578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forward Resources has 1 court case on record: 1 filed against it.
Forward Resources was incorporated on 01 December 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Forward Resources by revenue are Vinayak Merchandise Private Limited, Agrim Marmo Private Limited, Kingdom 24 Private Limited, Vithu-Mauli Farmtec Hitech Agro Farmers Producer Company Limited, Apex Texfab Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Guddu Rajak was appointed as Director on 09 Dec 2019. Manoj Vishweswar Rajak ceased to be Director on 09 Dec 2019. Pankaj Kumar Kailashchandra Somani ceased to be Director on 15 Sep 2018. Forward Resources has 7 board changes on record in total.
The registered office of Forward Resources is at 302C 3rd Floor Madhuli Complex Sagrampura Surat, Gujarat, India – 395001.
Forward Resources operates in the construction industry, in the electrical services segment.