Eureka Forbes

Mumbai, India Founded: 1982 • Age: 44 yrs Acquired By Advent International
Consumer durable products are manufactured and distributed by Eureka Forbes.
Annual revenue $284.7M Latest available
Total funding - 1 rounds
Employees 2730 Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors 7 Brand Intelligence

About Eureka Forbes

Eureka Forbes is a company based in Mumbai (India) founded in 1982 was acquired by Advent International in September 2021. The company has 2,730 employees as of March 31, 2024. Eureka Forbes offers products and services including Aquaguard Ritz Pro, Forbes SmartClean Nuo, and Forbes 355 Surround. Eureka Forbes operates in a competitive market with competitors including World of Circular Economy, GAS LAB, Calculus Carbon, PanLys Biosecurity Solutions and GTS Enviro India, among others.

  • Headquarter Mumbai, India
  • Employees 2730 as on 31 Mar, 2024
  • Stage Public
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Eureka Forbes Limited
Operational Areas
Technology → Internet of Things (IoT) & Connectivity Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $284.7 M (USD)
    11.31
    as on Mar 31, 2024
  • Net Profit
    $19.16 M (USD)
    71.9
    as on Mar 31, 2024
  • EBITDA
    $31.19 M (USD)
    34.05
    as on Mar 31, 2024
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    2730

    as on Mar 31, 2024

  • Acquired by
    Advent International

    (Sep 17, 2021)

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IPO & Listings of Eureka Forbes

Eureka Forbes is a publicly listed company on the NSE with ticker symbol EUREKAFORB in India, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: NSE · Ticker: EUREKAFORB · Sector: Consumer durables · India

Products & Services of Eureka Forbes

Eureka Forbes offers a comprehensive portfolio of products and services, including Aquaguard Ritz Pro, Forbes SmartClean Nuo, and Forbes 355 Surround.

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Category locked
Primary

Smart water purifier with app-based monitoring and advanced filtration.

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Robotic device for automated home cleaning with hypersuction technology.

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Air purifier offering 360-degree filtration for improved indoor air quality.

People of Eureka Forbes

Headcount 1000-5000
Employee Profiles 3
Employee Profiles
People
Bharat Sharma
Vice President
People
Vivek Sharma
Chief Quality And Regulatory Officer, SVP

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Teams

Funding Insights of Eureka Forbes

Investors in Eureka Forbes

Eureka Forbes has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include European Union and Advent International.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
Private equity firm focused on multiple sectors
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Eureka Forbes

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Investments & Acquisitions by Eureka Forbes

Investments
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Investment portfolio details for Eureka Forbes

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Financial Statements - Eureka Forbes

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Detailed financials for Eureka Forbes

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Eureka Forbes Comparisons

Eureka Forbes Primary company
Description
Consumer durable products are manufactured and distributed b...
Location
Mumbai, India
Founded Year
1982
Annual Revenue
$284.7 M (USD)
Net Profit
$19.16 M (USD)
EBITDA
$31.19 M (USD)
Employees
2,730
As of 2024
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Peer comparison for Eureka Forbes

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Competitors of Eureka Forbes

Eureka Forbes operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as World of Circular Economy, GAS LAB, Calculus Carbon, PanLys Biosecurity Solutions and GTS Enviro India, among others.

Company Name Domain Founded year HQ Location Description
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Offers consulting services for carbon emission reduction and circular economy solutions.
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Delivers services for CO2, N2O, and biogas solutions.
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Carbon capturing services are provided to address emissions globally.
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Water recycling, odour control, and environmental solutions are provided.
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Engineering firm specializing in pollution control, treatment plants, and waste management systems.
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Detailed competitors of Eureka Forbes

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  • Domains and locations
  • Full company profiles
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Latest news on Eureka Forbes

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Complete news archive for Eureka Forbes

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  • Source and publication date
  • Older coverage
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Frequently Asked Questions about Eureka Forbes

Eureka Forbes was founded in 1982 and raised its 1st funding round 37 years after it was founded.

Eureka Forbes is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Pratik Pota is the current CEO of Eureka Forbes.

As of Mar 31, 2024, the latest employee count at Eureka Forbes is 2,730.

Annual revenue of Eureka Forbes is $284.7M as on Mar 31, 2024.

Eureka Forbes was established in 1982 and is based in Mumbai, India. Operations are focused on the consumer durables sector, where household appliances and related items are produced and supplied. Services are delivered nationwide through retail and online channels via the domain eurekaforbes.com. The company is led by Pratik Pota as CEO and Managing Director, with activities centered in the Indian market.

Eureka Forbes's top competitors include Calculus Carbon, GAS LAB and PanLys Biosecurity Solutions.

Eureka Forbes offers Aquaguard Ritz Pro, Forbes SmartClean Nuo, and Forbes 355 Surround.

Yes, Eureka Forbes is publicly traded on NSE under the ticker symbol EUREKAFORB.

Eureka Forbes has 2 investors. Key investors include European Union, and Advent International.

The ticker symbol of Eureka Forbes is EUREKAFORB on NSE.

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