About Forace Group
Forace Group is a Chemicals & Materials company based in Haridwar (India) founded in 1980. Polymer manufacturing and supply services in the chemicals sector. Forace Group has raised $2.66 million across 4 funding rounds. The company has 101 employees. Its Indian entity Forace Polymers Private Limited reported revenue of ₹157 Cr. Forace Group offers products and services including Polymers and Chemical Supplies. Its focus areas include Manufacturing, Industrial Supplies, Chemical Equipment and Processing Materials.
Company details
Forace Polymers is identified as an entity involved in the chemicals sector, particularly in polymer production and supply. The domain foracepolymers.net is observed to have expired and is awaiting renewal or deletion, which reflects potential administrative processes. Services are noted to include manufacturing of polymers for industrial use, with operations conducted through B2B channels. Legal aspects such as privacy policies and service agreements are referenced, indicating standard business practices. Overall, the company is perceived as operating within manufacturing frameworks, though specific details remain limited based on the available information.
- Headquarters Haridwar, India
- Employees 101
- SectorsChemicals & Materials
- Legal Name Forace Polymers Private Limited
- Date of Incorporation 27 Dec, 1980
- Jurisdiction Uttarakhand, India
- Annual Revenue₹157 Cr
FY 2025 · -77% YoY
- Net Profit₹44.5 Lakh
FY 2025 · 0% margin
- EBITDA₹2.10 Cr
FY 2025 · 1% margin
- Total Equity Funding$2.66M (USD)
in 4 rounds
- Latest Funding Round$1.19M (USD), Seed
Jan 2012
- Employee Count101
Associated legal entities of Forace Group
Forace Group operates through Forace Polymers Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Forace Polymers Private Limited CIN U15142UR1980PTC005172 | Active | 27 Dec 1980 | Haridwar, Uttarakhand | ₹157 Cr | 20 | 6 | View details |
Products & Services of Forace Group
Forace Group offers a comprehensive portfolio of products and services, including Polymers and Chemical Supplies.
Polymers are manufactured and supplied for various industrial purposes
Chemical supplies are distributed for manufacturing processes
Funding Insights of Forace Group
Forace Group has successfully raised a total of $2.66M across 4 strategic funding rounds. The most recent funding activity was a Seed round of $1.19 million completed in January 2012. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $2.66M
- Total Rounds 4
- Last Round Seed — $1.19M
- First Round $488,387
(Mar 2007)
All 4 funding rounds of Forace Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2012 | $1.19M | Seed | – | – | – |
| Mar 2011 | $730,204 | Series A | – | – | – |
| Mar 2010 | $257,257 | Seed | – | – | – |
| Mar 2007 | $488,387 | Seed | – | – | – |
Board of directors of Forace Polymers Private Limited (Forace Group)
Forace Polymers Private Limited is the primary company behind Forace Group. The board of Forace Polymers Private Limited currently have 5 directors; the longest-serving is Vikas Garg, appointed in 2007. 8 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vikas Garg DIN 00785646 | Managing Director | 17 Jan 2007 | 19 yrs 9 mo | Forace Polymers Private Limited |
| Sonia Garg DIN 00786166 | Director | 17 Jan 2007 | 19 yrs 9 mo | Forace Polymers Private Limited |
| Dipak Kumar Ghosh DIN 02423195 | Director | 26 Nov 2008 | 17 yrs 11 mo | Forace Polymers Private Limited |
| Suresh Chandra Gupta DIN 00785598 | Director | 10 Jan 2020 | 6 yrs 9 mo | Forace Polymers Private Limited |
| Saksham Garg DIN 08777623 | Director | 10 Jul 2020 | 6 yrs 3 mo | Forace Polymers Private Limited |
People of Forace Group
24 people are tracked at Forace Group (3 in leadership, 21 in team); the tracked headcount is 101.
| Name | Role | Group |
|---|---|---|
Himansu Bhaumik | Sr. Vice President | Leadership |
| Founder | Leadership | |
Sunil Singh | Group CFO | Leadership |
Sri Ram Gopal K | Assistant Manager | Team |
Rajasekhar V | Sr. Engineer (sales & Technical ) | Team |
Ashoke Majumder | GM Sales And Technical Services | Team |
Kuldeep Singh | Senior Executive Quality | Team |
Sagar Sharma | Assistant Manager | Team |
Ashok Majumder | Dy GM Sales And Technical Services | Team |
Jashveer Singh | Sr. Manager R&d And Process QA | Team |
Saurabh Vishnoi | Quality Assurance Manager | Team |
Kishor Sutar | Sr Technical Sales Engineer | Team |
Sanjay Jaat | Quality Control Executive | Team |
Tarun Chauhan | Sr Manager HR Admin | Team |
Jaswinder Singh | Manager Sales & Tech Services | Team |
Sakshi Chawla | Marketing Executive | Team |
Rahul Sharma | Account Executive | Team |
Shankar Singhdeo | Project Engineer | Team |
Kamlesh Yogi | Senior Executive Engineering | Team |
Bhanuranjan Kumar | Deputy Manager Sales And Technical | Team |
4 more people are available in the full profile.
Complete people profiles for Forace Group
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Forace Group
Figures of Forace Polymers Private Limited, the primary company behind Forace Group, for FY 2025. Revenue was ₹157 Cr (-77% year on year). Net profit was ₹44.5 Lakh (0% margin). EBITDA was ₹2.10 Cr (1% margin). Revenue has grown at a compounded annual rate of -37% over three years and -16% over five years.
- ₹157 CrRevenue · FY 2025 · -77% YoY
- ₹44.5 LakhNet profit · 0% margin
- ₹2.10 CrEBITDA · 1% margin
- ₹105 CrPaid-up capital
- 20Employees (provident fund records)
- -37%Revenue CAGR, 3 years
- -16%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Forace Polymers Private Limited are on its company page.
Detailed financial statements for Forace Group
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Forace Group
3 dated milestones of Forace Group across 32 years, from founding to its latest funding, stage changes and deals.
- Founded Forace Group is founded.
- Funding First funding round of $488K.
- Funding Latest funding round, Seed, of $1.2M.
Top companies in Chemical Equipment Manufacturers
3 companies that operate in the same segment as Forace Group (Chemical Equipment Manufacturers) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Grinding devices for healthcare sector are manufactured by Axtel. | 1991 | Vadodara, Gujarat, India | USD 23.87 M | 228 | ||
Specialty chemical manufacturing, research, and services across multiple industries. | 2023 | Bengaluru, Karnataka, India | USD 2.13 M | |||
Manufacturing of Calcined Petroleum Coke and related industrial products in India and Oman. | 2009 | Madhapur, Telangana, India | USD 171.61 M | 203 |
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Frequently Asked Questions about Forace Group
Forace Group was founded in 1980 and raised its 1st funding round 27 years after it was founded.
Forace Group is headquartered in Haridwar, India. It is registered at Haridwar, Uttarakhand, India.
Forace Group is a funded company, having raised a total of $2.66M across 4 funding rounds to date. The company's 1st funding round was a Seed of $488.39K, raised on Mar 2007.
Forace Group has 101 employees.
The primary company behind Forace Group, Forace Polymers Private Limited, reported revenue of ₹157 Cr for FY 2025, down 77% year on year.
Forace Polymers is identified as an entity involved in the chemicals sector, particularly in polymer production and supply. The domain foracepolymers.net is observed to have expired and is awaiting renewal or deletion, which reflects potential administrative processes. Services are noted to include manufacturing of polymers for industrial use, with operations conducted through B2B channels. Legal aspects such as privacy policies and service agreements are referenced, indicating standard business practices. Overall, the company is perceived as operating within manufacturing frameworks, though specific details remain limited based on the available information.
Forace Group offers Polymers and Chemical Supplies.
Forace Group operates through Forace Polymers Private Limited.
The legal entities of Forace Group currently have 6 directors, including Saksham Garg, Neha Ahuja, Vikas Garg and others.