About Local Forever Private Limited
Data last updated:
Local Forever Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the online service marketplaces segment of the internet and digital services sector. It was incorporated on 25 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U72900MH2020PTC344502. Its GSTIN is 27AAECL3113C1Z3 (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jiten Shirish Thakkar and Isha Vijay Arora.
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 632 Avior Corporate Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹5.59 Lakh, a decline of 1% compared to the previous year. For the same year it recorded a net loss of ₹9,890 (net margin -1.8%) and EBITDA of -₹9,890 (EBITDA margin -1.8%). Revenue has declined at a compounded annual rate (CAGR) of 9% over three years.
For more details, the company can be reached via its website localforever.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address632 Avior Corporate Park, Nirmal Galaxy Lbs Road Mulund West, Mumbai, Maharashtra, India – 400080
- IndustryInternet, Online Service Marketplaces
- 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 Local Forever Private Limited
The main business activity of Local Forever is other service activities. In detail, this covers activities of membership organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| S | Other service activities | 94 | Activities of membership organizations | 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 Local Forever Private Limited FY 2025 filings available
Local Forever Private Limited reported revenue of ₹5.59 Lakh (down 1% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Local Forever Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 9% over three years, including a 1% fall in the latest year. EBITDA rose 97% 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 Local Forever 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 | -₹9,890 | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹9,890 | •••• | •••• | •••• | •••• |
| 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 Local Forever Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -1.8% | •••• | •••• | •••• | •••• |
| 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 Local Forever 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 Local Forever Private Limited
Local Forever 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 |
|---|---|---|---|---|
| Jiten Shirish Thakkar Also directs: Webcap Technology LLP, Woople Foods LLP | Director | 25 Aug 2020 | 6 Years 1 Months | Current |
| Isha Vijay Arora Also directs: Webcap Technology LLP | Director | 10 Oct 2025 | 1 Years 0 Months | Current |
Peer Comparison of Local Forever Private Limited
Local Forever Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Online Service Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Acceso Mercandin Marketing Private Limited | ₹5.8 Lakh (FY 2025) | •••• | •••• | -93.0% | •••• | New Delhi, Delhi, India |
| Zootout Advertising Private Limited | ₹5.76 Lakh (FY 2019) | •••• | •••• | -60.0% | •••• | Indore, Madhya Pradesh, India |
| Mogulshub Private Limited | ₹5.76 Lakh (FY 2025) | •••• | •••• | 316.0% | •••• | Machandur, Chhattisgarh, India |
| Naqaa Factory Private Limited | ₹5.72 Lakh (FY 2025) | •••• | •••• | 7.0% | •••• | Nilambur, Kerala, India |
| Agspert Technologies Private Limited | ₹5.65 Lakh (FY 2023) | •••• | •••• | 65.0% | •••• | Guwahati, Assam, India |
| Local Forever Private Limited this company | ₹5.59 Lakh (FY 2025) | •••• | •••• | -1.0% | •••• | Mumbai, Maharashtra, India |
| Connect Here 4 Infoservices Private Limited | ₹5.57 Lakh (FY 2024) | •••• | •••• | -1.0% | •••• | Chennai, Tamil Nadu, India |
| Ynb Online Services Private Limited | ₹5.55 Lakh (FY 2025) | •••• | •••• | -77.0% | •••• | Ludhiana, Punjab, India |
| Cheezymezy Private Limited | ₹5.54 Lakh (FY 2025) | •••• | •••• | -40.0% | •••• | Pulwama, Jammu and Kashmir, India |
| Flovation Technologies Private Limited | ₹5.52 Lakh (FY 2025) | •••• | •••• | 478.0% | •••• | Indore, Madhya Pradesh, India |
| Endeavor Research Private Limited | ₹5.51 Lakh (FY 2024) | •••• | •••• | -55.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Local Forever by revenue in the Ecommerce and Internet industry (Online Service Providers), 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 Local Forever 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 Local Forever Private Limited
Local Forever Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Local Forever Private Limited
Local Forever Private Limited has a workforce of 0 employees as of Apr 03, 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 Local Forever Private Limited
Local Forever Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Isha Vijay Arora was appointed as Director on 10 Oct 2025.
Credit Ratings, Litigation & Regulatory Alerts for Local Forever 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 Local Forever 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 Local Forever 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 Local Forever Private Limited
Local Forever has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECL3113C1Z3 | Maharashtra | Active | 09 Sep 2020 |
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 Local Forever 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 Local Forever Private Limited
Local Forever is an active private limited company based in Mumbai, Maharashtra, India. The company works in online service marketplaces, within the internet industry. It was incorporated on 25 August 2020 (6+ years old) and is registered under CIN U72900MH2020PTC344502.
Local Forever reported revenue of ₹5.59 Lakh for FY 2025 (down 1% YoY).
Local Forever has 2 current directors:
- Jiten Shirish Thakkar - Director
- Isha Vijay Arora - Director
Local Forever reported a net loss of ₹9,890 (net margin -1.8%) and EBITDA of -₹9,890 (EBITDA margin -1.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Local Forever is -9% over three years. In the latest year (FY 2025) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Local Forever is 27AAECL3113C1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Local Forever is U72900MH2020PTC344502. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Local Forever was incorporated on 25 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Local Forever by revenue are Acceso Mercandin Marketing Private Limited, Zootout Advertising Private Limited, Mogulshub Private Limited, Naqaa Factory Private Limited, Agspert Technologies Private Limited and 5 more, all in the Ecommerce and Internet industry (Online Service Providers).
Isha Vijay Arora was appointed as Director on 10 Oct 2025. Rahul Ravidatta Dubey ceased to be Director on 10 Oct 2025. Jiten Shirish Thakkar was appointed as Director on 25 Aug 2020.
Local Forever can be reached through the website localforever.com. Its registered office is in Mumbai, Maharashtra, India.