About The Formist Group
The Formist Group is a Real Estate & Construction company based in Bengaluru (India) founded in 2015. It operates as a real estate development focusing on innovative design, sustainability, and rental management services. It operates on a B2C and B2B model. The company has 35 employees. Its Indian entity Formist Realty Private Limited reported revenue of ₹17.66 Cr. The Formist Group offers products and services including The Tree House, The Cove, and Rental Services. Its focus areas include Real Estate, Property Management, Rentals and Community Living. Its competitors include Vingroup, Godrej Properties, Nagarjuna Construction Company, DLF India and Lendlease and 5 more.
Company details
The Formist is a real estate and infrastructure development group that creates unique living spaces through innovative design, construction technologies, and ecological planning. They build projects like apartments and communities, emphasizing well-being and nature integration. Based in locations such as Belgaum, India, they serve tenants, landlords, and families by managing rentals and providing tailored properties that promote happiness and convenience. Their approach redefines standard living by prioritizing sustainable practices and community-centric features.
- Headquarters Bengaluru, India
- Employees 35
- SectorsReal Estate & Construction
- Website theformistgroup.com
- Legal Name Formist Realty Private Limited
- Date of Incorporation 08 May, 2018
- Jurisdiction Belgaum, Karnataka, India
- Annual Revenue₹17.66 Cr
FY 2023 · +77% YoY
- Net Profit₹45.2 Lakh
FY 2023 · 3% margin
- EBITDA₹1.69 Cr
FY 2023 · 10% margin
- Employee Count35
Associated legal entities of The Formist Group
The Formist Group operates through Formist Realty Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Formist Realty Private Limited CIN U45400KA2018PTC112945 | Active | 08 May 2018 | Belgaum, Karnataka | ₹17.7 Cr | 35 | 4 | View details |
Products & Services of The Formist Group
The Formist Group offers a comprehensive portfolio of products and services, including The Tree House, The Cove, and Rental Services.
Offers designed apartments with nature-focused lifestyle features.
Provides plots in a peaceful, well-connected neighborhood.
Handles leases and payments for tenants and landlords efficiently.
Board of directors of Formist Realty Private Limited (The Formist Group)
Formist Realty Private Limited is the primary company behind The Formist Group. The board of Formist Realty Private Limited currently have 4 directors; the longest-serving is Marie Mohan Raghavan, appointed in 2018. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Marie Mohan Raghavan DIN 01945378 | Director | 08 May 2018 | 8 yrs 5 mo | Formist Realty Private Limited |
| Amit Krishna Kulakarni DIN 07966602 | Director | 24 Jun 2019 | 7 yrs 3 mo | Formist Realty Private Limited |
| Anirban Sen DIN 02905641 | Director | 15 Dec 2020 | 5 yrs 10 mo | Formist Realty Private Limited |
| Mohan Raghavan DIN 01075643 | Director | 15 Dec 2020 | 5 yrs 10 mo | Formist Realty Private Limited |
Financials of The Formist Group
Figures of Formist Realty Private Limited, the primary company behind The Formist Group, for FY 2023. Revenue was ₹17.66 Cr (+77% year on year). Net profit was ₹45.2 Lakh (3% margin). EBITDA was ₹1.69 Cr (10% margin). Revenue has grown at a compounded annual rate of +164% over three years.
- ₹17.66 CrRevenue · FY 2023 · +77% YoY
- ₹45.2 LakhNet profit · 3% margin
- ₹1.69 CrEBITDA · 10% margin
- ₹2.15 CrPaid-up capital
- 35Employees (provident fund records)
- +164%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Formist Realty Private Limited are on its company page.
Detailed financial statements for The Formist Group
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Competitors of The Formist Group
The Formist Group has 10 listed competitors in our database. They include Vingroup, Godrej Properties, Nagarjuna Construction Company, DLF India and Lendlease, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| vingroup.net | 1993 | Hanoi, Vietnam | – | 347 | Real estate development and management services are offered by Vingroup. | |
| godrejproperties.com | 1990 | Mumbai, India | – | 408 | Residential and commercial properties are developed by Godrej Properties. | |
| ncclimited.com | 1978 | Hyderabad, India | – | 31,392 | Commercial property development services are provided in India. | |
| dlf.in | 1947 | Gurugram, India | – | 132 | Provider of property and real estate development services | |
| lendlease.com | 1958 | Melbourne, Australia | – | – | Sustainable project development and maintenance services are provided worldwide. | |
| frasersproperty.com | 1924 | Singapore | – | 4,399 | Residential and commercial properties are developed and managed across regions. | |
| strabag.com | 1835 | Vienna, Austria | – | 72,904 | Provider of construction management services | |
| sunac.com.cn | 2003 | Shanghai, China | – | 19,271 | Residential and commercial real estate development is conducted by Sunac. | |
| howardhughes.com | 2010 | Dallas, United States | – | 1,216 | Residential and commercial properties are developed across the United States. | |
| vanke.com | 1984 | Shenzhen, China | – | 77,708 | Real estate properties are developed in over 50 cities. |
Detailed competitors of The Formist Group
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Top companies in Affordable & Senior Housing
10 companies that operate in the same segment as The Formist Group (Affordable & Senior Housing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Loans for affordable housing in tier 2,3 and 4 cities | 2010 | Mumbai, Maharashtra, India | USD 607.85 M | USD 389.13 M | 4,580 | |
Affordable housing finance solutions are provided to underserved individuals. | 2010 | Gurugram, Haryana, India | USD 236.82 M | USD 31.04 M | 2,880 | |
Home loans and financial services are provided to customers. | 2014 | Bengaluru, Karnataka, India | USD 38.2 M | USD 4.42 M | 579 | |
REIT that focuses on senior living and healthcare sectors | 1992 | Hunt Valley, Maryland, United States | – | USD 1.2 B | 60 | |
Provider of prefabricated building solutions for diverse sectors | 1999 | Noida, Uttar Pradesh, India | USD 41.74 M | USD 162.53 M | – | |
Nursing and senior living center services are provided nationwide. | 1978 | Durant, Oklahoma, United States | USD 100 M | USD 3.19 B | 36,000 | |
Healthcare real estate investment trust | 1970 | Toledo, Ohio, United States | – | USD 6.56 B | 533 | |
Provider of assisted living and senior independent living homes | 2017 | Chennai, Tamil Nadu, India | USD 18.65 M | USD 2.62 M | 424 | |
Loans for affordable housing are provided to low-income families. | 2009 | Chennai, Tamil Nadu, India | USD 188.49 M | USD 239.17 M | 3,350 | |
Age-friendly homes are developed for senior living communities. | 1979 | Delhi, Delhi, India | – | USD 121.82 M | 4,320 |
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Related news about The Formist Group
Complete news archive for The Formist Group
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Frequently Asked Questions about The Formist Group
The Formist Group was founded in 2015.
The Formist Group is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The Formist Group has 35 employees.
The primary company behind The Formist Group, Formist Realty Private Limited, reported revenue of ₹17.66 Cr for FY 2023, up 77% year on year.
The Formist is a real estate and infrastructure development group that creates unique living spaces through innovative design, construction technologies, and ecological planning. They build projects like apartments and communities, emphasizing well-being and nature integration. Based in locations such as Belgaum, India, they serve tenants, landlords, and families by managing rentals and providing tailored properties that promote happiness and convenience. Their approach redefines standard living by prioritizing sustainable practices and community-centric features.
The Formist Group's top competitors include Godrej Properties, Vingroup and Nagarjuna Construction Company.
The Formist Group offers The Tree House, The Cove, and Rental Services.
The Formist Group operates through Formist Realty Private Limited.
The legal entities of The Formist Group currently have 4 directors, including Marie Mohan Raghavan, Amit Krishna Kulakarni, Anirban Sen and others.