Forbes & Company Limited Company Logo

Forbes & Company Limited - Company Profile

It is a machinery and equipment public limited company based in Mumbai, Maharashtra, India, established in 1919.

1919 | Mumbai, Maharashtra, India | Active
Last Updated:

About Forbes & Company Limited

Forbes & Company Limited, a active public limited company, was established on 18 November 1919 in Mumbai, Maharashtra, India. Engaging in industrial tools & components within the manufacturing sector, it holds CIN: L17110MH1919PLC000628. Registered under ROC Roc Mumbai. it is listed on BSE: 502865. It has an authorized capital of ₹43.05 Cr and a paid-up capital of ₹12.90 Cr.

Formerly known as The Gokak Mills Ltd, The Gokak Mills Limited. It upholds a compliant status. In 2023, it reported revenue of ₹461.74 Cr and a net worth of ₹206.85 Cr. Employing 137 professional, Its leadership includes Mahesh Tahilyani Chelaram (Director), Bapsy Faroukh Dastur (Director), Nikhil Jaysinh Bhatia (Director). Past directors included Jimmy Jehangir Parakh, Tehmuras Rustom Doongaji, Kamlesh Chander Mehra. It holds ₹694.52 Cr open charges and ₹691.51 Cr settled loans. Its latest AGM occurred on 27 June 2025, with the balance sheet filed on 31 March 2025. It is based at Forbes Building, Charanjit Rai Marg, Fort, Mumbai, Mumbai, Maharashtra, 400001.

Company Details

  • CIN/LLPIN

    L17110MH1919PLC000628

  • Registration Number

    000628

  • Incorporation Date

    18 November 1919

  • Authorized Capital

    ₹43.05 Cr

  • Paid-Up Capital

    ₹12.90 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (BSE: 502865)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 43.05 Cr
  • Paid Up Capital ₹ 12.90 Cr
  • Company Age 106 Year, 11 Days
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 694.52 Cr
  • Satisfied Charges ₹ 691.51 Cr
  • Revenue Growth 85.63%
  • Profit Growth -94.23%
  • Ebitda -21.47%
  • Net Worth 430.09%
  • Total Assets 15.47%
Company report

Forbes & Company Limited

Company Report FY 2025-2026

Explore comprehensive insights into Forbes & Company Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Forbes & Company Limited?

Current Directors

NameDesignationAppointment DateStatus
Mahesh Tahilyani ChelaramDirector01 Apr 2024Current
Bapsy Faroukh DasturDirector01 Sep 2024Current
Nikhil Jaysinh BhatiaDirector16 May 2019Current
Paras Khimji SavlaDirector05 Aug 2024Current
Nirmal Chandmal JagawatWhole-Time Director30 Apr 2025Current
Jai Laxmikant MavaniDirector22 May 2012Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector28 Jun 2016Past
Pramod AbcsddDirector04 May 2016Past
Pramod AbcsddManaging Director31 Mar 2008Past
Pramod AbcsddManaging Director27 Apr 2016Past
Pramod AbcsddDirector21 Aug 2012Past
Pramod AbcsddAdditional Director24 Aug 2016Past

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Financial Performance of Forbes & Company.

Forbes & Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 85.63% increase. The company also saw a substantial fall in profitability, with a 94.23% decrease in profit. The company's net worth Soared by an impressive increase of 430.09%.

Forbes & Company revenue growth over time
Forbes & Company profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
85.63%
Revenue from Operations
5.43%
Total Assets
15.47%
Profit or Loss
-94.23%
Net Worth
430.09%
EBITDA
-21.47%

What is the Ownership and Shareholding Structure of Forbes & Company?

In 2023, Forbes & Company had a promoter holding of 73.85% and a public holding of 26.16%. The company had 6 Subsidiaries, 2 Joint Ventures and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹6,945,157,949.00

Satisfied Charges

₹6,915,142,000.00

Charges Breakdown by Lending Institutions

  • Idbi Trusteeship Services Limited : 380.00 Cr
  • Punjab National Bank : 96.80 Cr
  • Export-Import Bank Of India : 63.35 Cr
  • Idbi Bank Limited : 35.90 Cr
  • Export -Import Bank Of India : 24.00 Cr
  • Others : 94.46 Cr

Latest Charge Details

DateLenderAmountStatus
01 Aug 2025Idbi Bank Limited₹4.90 CrOpen
25 Nov 2024Standard Chartered Bank₹2.90 MOpen
02 Sep 2024Idbi Trusteeship Services Limited₹380.00 CrOpen
19 Aug 2024Others₹1.18 CrOpen
18 Aug 2023Others₹1.20 CrOpen

Explore comprehensive loan charge details -

How Many Employees Work at Forbes & Company?

Forbes & Company has a workforce of 137 employees as of Apr 01, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Forbes & Company Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Forbes & Company, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Forbes & Company's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Forbes & Company

Recent Activity within the Organization

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 4.90 Cr with Charge ID 101143984 was registered on 01 Aug 2025. was recorded as a recent event.

  • Director Appointment

    Progress on Pavan Radhesham Somani was appointed as a Cfo was appointed as a Cfo on 23 Jul 2025 & has been associated with this company since 4 months 7 days . was documented.

  • Annual General Meeting

    Forbes & Company Limited last Annual general meeting of members was held on 27 Jun 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Nirmal Chandmal Jagawat was appointed as a Whole-time director was appointed as a Whole-time director on 30 Apr 2025 & has been associated with this company since 6 months 30 days . was recorded as a recent event.

  • Balance Sheet

    The activity Forbes & Company Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Charges

    Progress on A charge with Standard Chartered Bank amounted to Rs. 0.29 Cr with Charge ID 101018091 was registered on 25 Nov 2024. was documented.

Frequently Asked Questions

  • What is the CIN of Forbes & Company Limited?

    The CIN of Forbes & Company Limited is L17110MH1919PLC000628.

  • Where is Forbes & Company Limited headquartered?

    Forbes & Company Limited is headquartered at Forbes Building, Charanjit Rai Marg, Fort, Mumbai, Mumbai, Maharashtra, 400001.

  • When was Forbes & Company Limited incorporated?

    Forbes & Company Limited was incorporated on 18 November 1919.

  • Who are the current directors of Forbes & Company Limited?

    The current directors of Forbes & Company Limited are

  • What is the primary industry of Forbes & Company Limited?

    The primary industry of Forbes & Company Limited is Manufacturing.

  • Is Forbes & Company Limited a listed company?

    Forbes & Company Limited is listed. It is listed on BSE: 502865.

  • What is the capital structure of Forbes & Company Limited?

    The authorized capital of Forbes & Company Limited is ₹43.05 Cr, and the paid-up capital is ₹12.90 Cr.

  • What is the compliance status of Forbes & Company Limited?

    The compliance status of Forbes & Company Limited is Compliant.

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