Forbes Building Solutions India Private Limited
About Forbes Building Solutions India Private Limited
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Forbes Building Solutions India Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the procurement and construction (epc) segment of the engineering sector. It was incorporated on 05 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74994KA2019PTC130362.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors Rangaswamy Jagadish and Prakash Rashmi.
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 Bangalore, Karnataka.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.11 Cr. For the same year it recorded a net profit of ₹3.16 Lakh (net margin 2.9%) and EBITDA of ₹6.48 Lakh (EBITDA margin 5.9%).
Court records list 5 cases involving the company, including 5 filed against it; 2 cases are pending.
Company details
Contact details
Forbes Building Solutions India Private Limited's registered office is in Bangalore, Karnataka.
- Registered AddressSy No.29/1 Second Floor Sk Maple Adjacent To Axis Hospital Belathur Kad, Ugodi Post, Bangalore, Karnataka, India – 560067
- IndustryEngineering, Procurement & Construction (EPC), Engineering
- 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
Business activity
The main business activity of Forbes Building Solutions India is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
To see the full business activity and turnover split of Forbes Building Solutions India Private Limited, buy the company report.
Financials of Forbes Building Solutions India Private Limited
FY 2022 filings availableForbes Building Solutions India Private Limited reported revenue of ₹1.11 Cr for FY 2022.
Financial Statement Summary
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹6.48 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹3.16 Lakh | ||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 5.9% | ||
| Net Profit Margin | 2.9% | ||
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To see the full financial statements and ratios of Forbes Building Solutions India Private Limited, buy the company report.
Board of directors of Forbes Building Solutions India Private Limited
Forbes Building Solutions India has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rangaswamy Jagadish | Director | 05 Dec 2019 | 6 Years 11 Months | Current |
| Prakash Rashmi Also directs: Lavish Decors India Private Limited | Director | 05 Dec 2019 | 6 Years 11 Months | Current |
Legal cases
Forbes Building Solutions India Private Limited has 5 court cases on record: 5 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 5 | 2 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Icici Bank Limited | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Kinara Capital Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Kinara Capital Private Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by an individual | Disposed |
To see the full case history of Forbes Building Solutions India Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Forbes Building Solutions India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Forbes Building Solutions India Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Forbes Building Solutions India Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Prakash Rashmi was appointed as Director on 05 Dec 2019.
Frequently asked questions
Forbes Building Solutions India is an active private limited company based in Bangalore, Karnataka, India. The company works in procurement and construction (epc), within the engineering industry. It was incorporated on 05 December 2019 (7+ years old) and is registered under CIN U74994KA2019PTC130362.
Forbes Building Solutions India has 2 current directors:
- Rangaswamy Jagadish - Director
- Prakash Rashmi - Director
The latest financial statements of Forbes Building Solutions India on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.
The CIN (Corporate Identification Number) of Forbes Building Solutions India is U74994KA2019PTC130362. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forbes Building Solutions India has 5 court cases on record: 5 filed against it. 2 are pending.
Forbes Building Solutions India was incorporated on 05 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.
Prakash Rashmi was appointed as Director on 05 Dec 2019. Rangaswamy Jagadish was appointed as Director on 05 Dec 2019.
The registered office of Forbes Building Solutions India is at Sy No.291 Second Floor Sk Maple Adjacent To Axis Hospital Belathur Kad, Ugodi Post, Bangalore, Karnataka, India – 560067.
Forbes Building Solutions India operates in the engineering industry, in the procurement and construction (epc) segment.
Forbes Building Solutions India can be reached at its registered office: Sy No.291 Second Floor Sk Maple Adjacent To Axis Hospital Belathur Kad, Ugodi Post, Bangalore, Karnataka, India – 560067.
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