Forbes Finance Limited - Company Profile

Q: Who are the current directors of Forbes Finance Limited?

The current directors of Forbes Finance Limited are Rajendrakumar Tejkaranji Doshi, Ashok Kumar Barat, Chandrashekhar Anant Karnik, Sandeep Pramodrai Kadakia, Amit Mittal, Ashok Thakorlal Shah.

It is a real estate and construction public limited company based in Mumbai, Maharashtra, India, established in 1981.

1981 Mumbai, Maharashtra, India Amalgamated

Last Updated: July 24, 2025

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About Forbes Finance Limited

Forbes Finance Limited, a amalgamated public limited company, was established on 09 December 1981 in Mumbai, Maharashtra, India. Engaging in real estate marketing & sales within the real estate and construction sector, it holds CIN: U65993MH1981PLC191272. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹30.00 Cr and a paid-up capital of ₹3.83 Cr.

Its leadership includes Rajendrakumar Tejkaranji Doshi (Director), Ashok Kumar Barat (Director), Chandrashekhar Anant Karnik (Director). Past directors included Ashok Kumar Barat, Manoj Kishorchandra Sonawala, Chandrashekhar Anant Karnik. It holds ₹0.90 M open charges and no settled loans. Its latest AGM occurred on 02 September 2009, with the balance sheet filed on 31 March 2009. It is based at Forbes Building, Charanjit Rai Marg Fort,, Mumbai, Maharashtra, 400001.

Company Details

CIN/LLPIN
U65993MH1981PLC191272
Registration Number
191272
Incorporation Date
09 December 1981
Authorized Capital
₹30.00 Cr
Paid-Up Capital
₹3.83 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 30.00 Cr as on 24-07-2025
Paid Up Capital ₹ 3.83 Cr as on 24-07-2025
Company Age 44 Year, 2 Months
Last Filing with ROC 31 Mar 2009
Open Charges ₹ 0.90 M as on 24-07-2025

Comprehensive Company Insights

Explore comprehensive insights into Forbes Finance 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 Finance Limited?

Current Directors

Name	Designation	Appointment Date	Status
Rajendrakumar Tejkaranji Doshi	Director	13 Jul 1999	Current
Ashok Kumar Barat	Director	10 Mar 2008	Current
Chandrashekhar Anant Karnik	Director	08 Jul 2008	Current
Sandeep Pramodrai Kadakia	Director	19 Sep 2007	Current
Amit Mittal	Director	22 Oct 2008	Current
Ashok Thakorlal Shah	Director	17 Mar 2000	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	09 Jun 2008	Past
Pramod Abcsdd	Director	19 Sep 2007	Past
Pramod Abcsdd	Additional Director	02 Sep 2009	Past
Pramod Abcsdd	Director	01 Oct 2008	Past
Pramod Abcsdd	Director	08 Jul 2008	Past
Pramod Abcsdd	Additional Director	02 Sep 2009	Past

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Financial Performance of Forbes Finance.

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Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

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What is the Ownership and Shareholding Structure of Forbes Finance?

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Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹900,000.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

Alen Co-Op. Bank Ltd. : 0.09 Cr

Latest Charge Details

Date	Lender	Amount	Status
16 Mar 1981	Alen Co-Op. Bank Ltd.	₹0.90 M	Open

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How Many Employees Work at Forbes Finance?

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Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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Rating

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Alerts

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Latest Updates, News, and FAQs on Forbes Finance

Recent Activity within the Organization

Annual General Meeting

Progress on Forbes Finance Limited last Annual general meeting of members was held on 02 Sep 2009 as per latest MCA records. was documented.
02 Sep 2009
Balance Sheet

Forbes Finance Limited has filed its annual Financial statements for the year ended 31 Mar 2009 with Roc Mumbai. was recorded as a recent event.
31 Mar 2009
Director Appointment

Amit Mittal was appointed as a Director was appointed as a Director on 22 Oct 2008 & has been associated with this company since 17 years 3 months . was recorded as a recent event.
22 Oct 2008
Director Appointment

Progress on Chandrashekhar Anant Karnik was appointed as a Director was appointed as a Director on 08 Jul 2008 & has been associated with this company since 17 years 7 months . was documented.
08 Jul 2008
Director Appointment

Ashok Kumar Barat was appointed as a Director was appointed as a Director on 10 Mar 2008 & has been associated with this company since 17 years 11 months . was recorded as a recent event.
10 Mar 2008
Director Appointment

Progress on Sandeep Pramodrai Kadakia was appointed as a Director was appointed as a Director on 19 Sep 2007 & has been associated with this company since 18 years 4 months . was documented.
19 Sep 2007

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