MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-03-0087656
Forbiz Polymers Private Limited
Forbiz Polymers Private Limited - chemicals in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹59.81 Lakh
▼ 36% YoY
Net profit · FY 2025
₹69,716
Net margin 1.2%
EBITDA · FY 2025
₹83,581
EBITDA margin 1.4%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Forbiz Polymers Private Limited
Data last updated:
Forbiz Polymers Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the paints segment of the chemicals sector. It was incorporated on 06 March 2021 and has been in existence for over 5 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U24220KA2021PTC145001. Its GSTIN is 29AAECF4784D1ZG (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Hema Sagar Avikal and Kunzipurail Sagar Avikal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Bangalore, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.81 Lakh, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹69,716 (net margin 1.2%) and EBITDA of ₹83,581 (EBITDA margin 1.4%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years.
Forbiz Polymers Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0087656).
Company details
CIN U24220KA2021PTC145001
Registration Number 145001
Incorporation Date 06 March 2021
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
MSME Classification Micro
Udyam Registration UDYAM-KR-03-0087656
Recognitions & Rankings of Forbiz Polymers
Contact details
Forbiz Polymers Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressFirst Floor No 63 Matangi Enclave Bel Layout 1st Block Vidyaranyapura Main, Road, Bangalore, Karnataka, India – 560097
- IndustryChemicals, Paints, Manufacturing, Varnishes And Similar Coatings, Other Chemical Product, Printing Ink And Mastics
To see the full contact details of Forbiz Polymers Private Limited, buy the company report.
Comprehensive company report
Forbiz Polymers Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Forbiz Polymers is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Forbiz Polymers Private Limited, buy the company report.
Financials of Forbiz Polymers Private Limited
FY 2025 filings availableForbiz Polymers Private Limited reported revenue of ₹59.81 Lakh (down 36% YoY) for FY 2025.
Revenue · FY 2025
₹59.81 Lakh ▼ 36%
Net profit · FY 2025
₹69,716 margin 1.2%
EBITDA · FY 2025
₹83,581 margin 1.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 1%
EBITDA CAGR growth
1 year
▲ 33%
3 years · compounded
▲ 8%
Revenue has declined at a compounded annual rate (CAGR) of 1% over three years, including a 36% fall in the latest year. EBITDA rose 33% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹83,581 | ||||
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| Net Profit (PAT) | ₹69,716 | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 1.4% | ||||
| Net Profit Margin | 1.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Forbiz Polymers Private Limited, buy the company report.
Board of directors of Forbiz Polymers Private Limited
Forbiz Polymers has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Hema Sagar Avikal | Director | 06 Mar 2021 | 5 Years 8 Months | Current |
| Kunzipurail Sagar Avikal Also directs: Aone Techno Crats Private Limited | Director | 06 Mar 2021 | 5 Years 8 Months | Current |
Legal cases
No court or tribunal cases involving Forbiz Polymers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Forbiz Polymers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Forbiz Polymers Private Limited has 1 active EPFO establishment as of Apr 07, 2024.
Active EPFO establishments
1
GST
Forbiz Polymers has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAECF4784D1ZG | Karnataka | Active | 22 Mar 2021 |
To see the full GST registrations and return filing status of Forbiz Polymers Private Limited, buy the company report.
Recent activity
Forbiz Polymers Private Limited has 2 board changes on record since 2021: 2 appointments. The latest: Hema Sagar Avikal was appointed as Director on 06 Mar 2021.
AGM
Forbiz Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Forbiz Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore.
Appointed
Hema Sagar Avikal was appointed as Director.
Appointed
Kunzipurail Sagar Avikal was appointed as Director.
Incorporation
06 Mar 2021
Forbiz Polymers Private Limited was registered on 06 Mar 2021 with Roc Bangalore & aged 5 years 8 months as per MCA records.
Frequently asked questions
Forbiz Polymers is an active private limited company based in Bangalore, Karnataka, India. The company works in paints, within the chemicals industry. It was incorporated on 06 March 2021 (5+ years old) and is registered under CIN U24220KA2021PTC145001.
Forbiz Polymers has 2 current directors:
- Hema Sagar Avikal - Director
- Kunzipurail Sagar Avikal - Director
The latest financial statements of Forbiz Polymers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Forbiz Polymers is 29AAECF4784D1ZG, registered in Karnataka.
The CIN (Corporate Identification Number) of Forbiz Polymers is U24220KA2021PTC145001. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forbiz Polymers was incorporated on 06 March 2021, making it 5+ years old. It is registered with the Registrar of Companies, Bangalore.
Hema Sagar Avikal was appointed as Director on 06 Mar 2021. Kunzipurail Sagar Avikal was appointed as Director on 06 Mar 2021.
Yes, Forbiz Polymers is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-03-0087656).
The registered office of Forbiz Polymers is at First Floor No 63 Matangi Enclave Bel Layout 1st Block Vidyaranyapura Main, Road, Bangalore, Karnataka, India – 560097.
Forbiz Polymers operates in the chemicals industry, in the paints segment.
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