Forawis Ventures Private Limited
About Forawis Ventures Private Limited
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Forawis Ventures Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 19 May 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U72900PN2020PTC190847. Its GSTIN is 27AAECF0741Q1ZC (Maharashtra).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Barinder Singh Deol and Navrisham Kaur Grewal.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Gat No 196 A4 Flno 403 Kanchan Vrundavan Koregaon Mul Urli Kanchan, Pune, Maharashtra, India – 412202.
As per the financials filed for FY 2022, the company reported a revenue of ₹13.17 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹74,025 (net margin 5.6%) and EBITDA of ₹1.69 Lakh (EBITDA margin 12.8%).
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- Registered AddressGat No 196 A4 Flno 403 Kanchan Vrundavan Koregaon Mul Urli Kanchan, Pune, Maharashtra, India – 412202
- IndustryInformation Technology, IT Consulting & Support Services
- 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 Forawis Ventures Private Limited
The main business activity of Forawis Ventures is information and communication. In detail, this covers computer programming, consultancy and related activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J6 | Computer programming, consultancy and related activities | 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 Forawis Ventures Private Limited FY 2022 filings available
Forawis Ventures Private Limited reported revenue of ₹13.17 Lakh (up 542% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Forawis Ventures Private Limited
Revenue rose 542% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Forawis Ventures Private Limited
| Metrics | 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 | ₹1.69 Lakh | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹74,025 | •••• |
| 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 Forawis Ventures Private Limited
| Metrics | FY 2021-22 | FY 2020-21 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 12.8% | •••• |
| Net Profit Margin | 5.6% | •••• |
| 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 Forawis Ventures 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.
Peer Comparison of Forawis Ventures Private Limited
Forawis Ventures Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Computer programming, consultancy and related activities). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| La Poochi Private Limited | ₹13.18 Lakh (FY 2025) | •••• | •••• | •••• | Chennai, Tamil Nadu, India | |
| Giris Tech Hub Private Limited | ₹13.18 Lakh (FY 2025) | •••• | •••• | -51.0% | •••• | Aurangabad, Maharashtra, India |
| Longwood Infotech Private Limited | ₹13.18 Lakh (FY 2025) | •••• | •••• | -5.0% | •••• | Tiruppur, Tamil Nadu, India |
| Egenx Systech Private Limited | ₹13.18 Lakh (FY 2024) | •••• | •••• | 50.0% | •••• | Pune, Maharashtra, India |
| Quantumbees Infotech Private Limited | ₹13.17 Lakh (FY 2025) | •••• | •••• | 166.0% | •••• | Barabani, West Bengal, India |
| Forawis Ventures Private Limited this company | ₹13.17 Lakh (FY 2022) | •••• | •••• | 542.0% | •••• | Pune, Maharashtra, India |
| Adeptte Microsystems Private Limited | ₹13.17 Lakh (FY 2022) | •••• | •••• | -66.0% | •••• | Chennai, Tamil Nadu, India |
| Innovary Marketing Solutions Private Limited | ₹13.16 Lakh (FY 2022) | •••• | •••• | -28.0% | •••• | New Delhi, Delhi, India |
| Migratech Softwares Private Limited | ₹13.16 Lakh (FY 2025) | •••• | •••• | -12.0% | •••• | Pantnagar, Uttarakhand, India |
| MSB Systems Private Limited | ₹13.16 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | Delhi, India |
| Ecosyscon Softech Private Limited | ₹13.16 Lakh (FY 2025) | •••• | •••• | 49.0% | •••• | Pune, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Forawis Ventures by revenue in the same principal business activity (Computer programming, consultancy and related activities), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Board of Directors of Forawis Ventures Private Limited
Forawis Ventures has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Barinder Singh Deol Also directs: Change22 Infotech Private Limited | Director | 19 May 2020 | 6 Years 4 Months | Current |
| Navrisham Kaur Grewal Also directs: Change22 Infotech Private Limited | Director | 19 May 2020 | 6 Years 4 Months | Current |
Charges & Borrowings of Forawis Ventures Private Limited
Forawis Ventures Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Forawis Ventures Private Limited
Employment history and EPFO contributions of people linked to Forawis Ventures.
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 Forawis Ventures Private Limited
Forawis Ventures Private Limited has 2 board changes on record since 2020: 2 appointments. The latest: Barinder Singh Deol was appointed as Director on 19 May 2020.
Credit Ratings, Litigation & Regulatory Alerts for Forawis Ventures 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 Forawis Ventures 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 Forawis Ventures 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 Forawis Ventures Private Limited
Forawis Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECF0741Q1ZC | Maharashtra | Active | 25 Oct 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 Forawis Ventures 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 Forawis Ventures Private Limited
Forawis Ventures is an active private limited company based in Pune, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 19 May 2020 (6+ years old) and is registered under CIN U72900PN2020PTC190847.
Forawis Ventures reported revenue of ₹13.17 Lakh for FY 2022 (up 542% YoY).
Forawis Ventures has 2 current directors:
- Barinder Singh Deol - Director
- Navrisham Kaur Grewal - Director
Forawis Ventures reported a net profit of ₹74,025 (net margin 5.6%) and EBITDA of ₹1.69 Lakh (EBITDA margin 12.8%) for FY 2022, as per its filed financial statements.
The GSTIN of Forawis Ventures is 27AAECF0741Q1ZC, registered in Maharashtra.
The CIN (Corporate Identification Number) of Forawis Ventures is U72900PN2020PTC190847. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forawis Ventures was incorporated on 19 May 2020, making it 6+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Forawis Ventures by revenue are La Poochi Private Limited, Giris Tech Hub Private Limited, Longwood Infotech Private Limited, Egenx Systech Private Limited, Quantumbees Infotech Private Limited and 5 more, all in the same principal business activity (Computer programming, consultancy and related activities).
Barinder Singh Deol was appointed as Director on 19 May 2020. Navrisham Kaur Grewal was appointed as Director on 19 May 2020.
The registered office of Forawis Ventures is at Gat No 196 A4 Flno 403 Kanchan Vrundavan Koregaon Mul Urli Kanchan, Pune, Maharashtra, India – 412202.
Forawis Ventures has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh.