MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-GJ-20-0070226
Foster Induction Private Limited
Foster Induction Private Limited - electrnoics in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.83 Cr
▼ 16% YoY
Net profit · FY 2024
₹92,907
Net margin 0.5%
EBITDA · FY 2024
₹15.28 Lakh
EBITDA margin 8.4%
Authorised capital
₹1 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
9 yrs
Est. 2017
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Foster Induction Private Limited
Data last updated:
Foster Induction Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the home appliances segment of the electronics sector. It was incorporated on 26 December 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U29309GJ2017PTC100271. Its GSTIN is 24AADCF2745D1Z2 (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Parsottambhai Kalyanjibhai Kansagara and Jignesh Parsottam Kansagra.
Its last annual general meeting (AGM) was held on 27 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A. 5.5 Pramukh Swami Arket Malaviya Chowk, Rajkot, Gujarat, India – 360001.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.83 Cr, a decline of 16% compared to the previous year. For the same year it recorded a net profit of ₹92,907 (net margin 0.5%) and EBITDA of ₹15.28 Lakh (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 40% over three years and 72% over five years.
Foster Induction Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0070226). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U29309GJ2017PTC100271
Registration Number 100271
Incorporation Date 26 December 2017
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 27 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Micro
Udyam Registration UDYAM-GJ-20-0070226
Recognitions & Rankings of Foster Induction
Contact details
Foster Induction Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressA. 5.5 Pramukh Swami Arket Malaviya Chowk, Rajkot, Gujarat, India – 360001
- IndustryElectrnoics, Home Appliance, Manufacturing
To see the full contact details of Foster Induction Private Limited, buy the company report.
Comprehensive company report
Foster Induction Private Limited - one report that includes everything
- 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
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Secure checkout · GST invoice included
Business activity
The main business activity of Foster Induction is manufacturing. In detail, this covers repair & installation of machinery & equipment, motor vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C12 | Repair & installation of machinery & equipment, motor vehicles |
To see the full business activity and turnover split of Foster Induction Private Limited, buy the company report.
Financials of Foster Induction Private Limited
FY 2025 filings availableFoster Induction Private Limited reported revenue of ₹1.83 Cr (down 16% YoY) for FY 2024.
Revenue · FY 2024
₹1.83 Cr ▼ 16%
Net profit · FY 2024
₹92,907 margin 0.5%
EBITDA · FY 2024
₹15.28 Lakh margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 16%
3 years · compounded
▲ 40%
5 years · compounded
▲ 72%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 100%
5 years · compounded
▲ 373%
Revenue fell 16% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 72%. EBITDA rose 9% 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
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| EBITDA | ₹15.28 Lakh | ||||
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| Net Profit (PAT) | ₹92,907 | ||||
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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 | 8.4% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of Foster Induction Private Limited, buy the company report.
Board of directors of Foster Induction Private Limited
Foster Induction has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Parsottambhai Kalyanjibhai Kansagara | Director | 29 Dec 2020 | 5 Years 9 Months | Current |
| Jignesh Parsottam Kansagra | Director | 26 Dec 2017 | 8 Years 10 Months | Current |
Legal cases
No court or tribunal cases involving Foster Induction 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 Foster Induction Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Foster Induction has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AADCF2745D1Z2 | Gujarat | Active | 01 Aug 2018 |
To see the full GST registrations and return filing status of Foster Induction Private Limited, buy the company report.
Recent activity
Foster Induction Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Parsottambhai Kalyanjibhai Kansagara was appointed as Director on 29 Dec 2020.
AGM
Foster Induction Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records.
Filing
Foster Induction Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Parsottambhai Kalyanjibhai Kansagara was appointed as Director.
Ceased
Priyank Hareshbhai Kansagara ceased to be Director.
Ceased
Ronak Hareshkumar Kansagara ceased to be Director.
Appointed
Jignesh Parsottam Kansagra was appointed as Director.
Incorporation
26 Dec 2017
Foster Induction Private Limited was registered on 26 Dec 2017 with Roc Ahmedabad & aged 8 years 10 months as per MCA records.
Frequently asked questions
Foster Induction is an active private limited company based in Rajkot, Gujarat, India. The company works in home appliance, within the electronics industry. It was incorporated on 26 December 2017 (9+ years old) and is registered under CIN U29309GJ2017PTC100271.
Foster Induction has 2 current directors:
- Parsottambhai Kalyanjibhai Kansagara - Director
- Jignesh Parsottam Kansagra - Director
The latest financial statements of Foster Induction on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 27 September 2025. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Foster Induction is 24AADCF2745D1Z2, registered in Gujarat.
The CIN (Corporate Identification Number) of Foster Induction is U29309GJ2017PTC100271. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foster Induction was incorporated on 26 December 2017, making it 9+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Parsottambhai Kalyanjibhai Kansagara was appointed as Director on 29 Dec 2020. Priyank Hareshbhai Kansagara ceased to be Director on 29 Dec 2020. Ronak Hareshkumar Kansagara ceased to be Director on 29 Dec 2020. Foster Induction has 4 board changes on record in total.
Yes, Foster Induction is registered as a micro enterprise under Udyam registration (number: UDYAM-GJ-20-0070226).
The registered office of Foster Induction is at A. 5.5 Pramukh Swami Arket Malaviya Chowk, Rajkot, Gujarat, India – 360001.
Foster Induction operates in the electronics industry, in the home appliance segment.