About Forefront Realty Private Limited
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Forefront Realty Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Forefront Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70102MH2010PTC199307. Its GSTIN is 27AADCV1844R1ZP (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Prathamesh Shridhar Mestry and Digant Dilip Parekh.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 601 Hubtown Viva Western Express Highway Jogeshwari (East) Mumbai, Maharashtra, India – 400060.
As per the financials filed for FY 2023, the company reported a revenue of ₹68,482, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹3.5 Lakh and EBITDA of -₹2.66 Lakh (EBITDA margin -388%). Revenue has declined at a compounded annual rate (CAGR) of 37% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
Court records list 17 cases involving the company, including 9 filed by the company and 8 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forefrontgroup.in.
Company details
Contact details
Forefront Realty Private Limited's registered office is in Mumbai, Maharashtra. Its website is forefrontgroup.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address601 Hubtown Viva Western Express Highway Jogeshwari (East) Mumbai, Maharashtra, India – 400060
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Forefront Realty Private Limited, buy the company report.
- 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
Financials of Forefront Realty Private Limited
FY 2023 filings availableForefront Realty Private Limited reported revenue of ₹68,482 (up 240% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 240% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 37%. EBITDA rose 45% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹2.66 Lakh | ||||
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| Net Profit (PAT) | -₹3.5 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -388% | ||||
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To see the full financial statements and ratios of Forefront Realty Private Limited, buy the company report.
Board of directors of Forefront Realty Private Limited
Forefront Realty has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Prathamesh Shridhar Mestry Also directs: Parekh Home and Infra LLP, Punarvasan Housing LLP, Social Project Engineering and Construction LLP and 1 more | Director | 09 Aug 2023 | 3 Years 2 Months | Current |
| Digant Dilip Parekh Also directs: Parekh Home and Infra LLP, Punarvasan Housing LLP, Social Project Engineering and Construction LLP and 3 more | Director | 23 Jan 2010 | 16 Years 9 Months | Current |
Peer comparison
Forefront Realty Private Limited is compared with the 10 companies closest to it by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Apk Developers Private Limited | ₹68,699 (FY 2025) | -22.0% | Ghaziabad, Uttar Pradesh, India | |||
| Jai Vinayak City Housing Corporation Limited | ₹68,618 (FY 2024) | 586.0% | Mahindraganj, Punjab, India | |||
| Poddar Associates Construction Pvt Ltd | ₹68,590 (FY 2025) | -32.0% | Kolkata, West Bengal, India | |||
| Add-Albatross Properties Private Limited | ₹68,526 (FY 2025) | -91.0% | Chennai, Tamil Nadu, India | |||
| Sidhant Flats and Apartments Private Limited | ₹68,498 (FY 2024) | 21.0% | New Delhi, Delhi, India | |||
| Forefront Realty Private Limitedthis company | ₹68,482 (FY 2023) | -₹3.5 Lakh | 240.0% | 7 | Mumbai, Maharashtra, India | |
| Atreyi Commodities Private Limited | ₹68,421 (FY 2024) | 25.0% | Kolkata, West Bengal, India | |||
| Somnath Techno Build Private Limited | ₹68,400 (FY 2025) | -28.0% | Jaipur, Rajasthan, India | |||
| Posh Buildwell Private Limited | ₹68,400 (FY 2025) | 17.0% | New Delhi, Delhi, India | |||
| Thermax Construction Udyog Private Limited | ₹68,400 (FY 2024) | 27.0% | New Delhi, Delhi, India | |||
| Vidhi Properties Private Limited | ₹68,384 (FY 2017) | -85.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Forefront Realty Private Limited, buy the company report.
Auditor
Forefront Realty Private Limited is audited by HARDIK VORA & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HARDIK VORA & ASSOCIATES | FY 2016 | 122756W |
Shareholding
The shareholding of Forefront Realty Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Forefront Realty Private Limited, buy the company report.
Legal cases
Forefront Realty Private Limited has 17 court cases on record: 9 filed by Forefront Realty, 8 filed against it. 5 cases are pending and 12 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 9 | 3 | 0 |
| District courts | 8 | 5 | 5 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai City Civil Court, Maharashtra | Court case (Chamber Summons) | Filed against the company by M/S JVP Construction Company Private Limited Through Its Director Mr Jaysukhbhai Veljibhai Hirapara | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial suit | Filed against the company by M/S JVP Construction Company Private Limited Through Its Director Mr Jaysukhbhai Veljibhai Hirapara | Pending |
| District court, Thane, Maharashtra | Civil suit | Filed against the company by Shubhada Polymers Products Pvt Ltd | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Nalanda Usha B 2 BLDG., CHS Ltd., | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Civil suit | Filed by the company against Nalanda Usha B 2 BLDG., CHS Ltd., and 51 others | Pending |
To see the full case history of Forefront Realty 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 Forefront Realty Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Forefront Realty Private Limited has a workforce of 7 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
GST
Forefront Realty has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCV1844R1ZP | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Forefront Realty Private Limited, buy the company report.
Recent activity
Forefront Realty Private Limited has 8 board changes on record since 2010: 2 appointments and 6 cessations. The latest: Prathamesh Shridhar Mestry ceased to be Additional Director on 29 Sep 2023.
Frequently asked questions
Forefront Realty is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 January 2010 (16+ years old) and is registered under CIN U70102MH2010PTC199307.
Forefront Realty has 2 current directors:
- Prathamesh Shridhar Mestry - Director
- Digant Dilip Parekh - Director
The latest financial statements of Forefront Realty on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Forefront Realty is 27AADCV1844R1ZP, registered in Maharashtra.
The CIN (Corporate Identification Number) of Forefront Realty is U70102MH2010PTC199307. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forefront Realty has 17 court cases on record: 9 filed by the company and 8 filed against it. 5 are pending. Most are in the high courts.
Forefront Realty was incorporated on 23 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Forefront Realty by revenue are Apk Developers Private Limited, Jai Vinayak City Housing Corporation Limited, Poddar Associates Construction Pvt Ltd, Add-Albatross Properties Private Limited, Sidhant Flats and Apartments Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Prathamesh Shridhar Mestry ceased to be Additional Director on 29 Sep 2023. Shailesh Jaswant Patel ceased to be Additional Director on 21 Aug 2023. Prathamesh Shridhar Mestry was appointed as Director on 09 Aug 2023. Forefront Realty has 8 board changes on record in total.
Forefront Realty can be reached through the website forefrontgroup.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Forefront Realty is at 601 Hubtown Viva Western Express Highway Jogeshwari East Mumbai, Maharashtra, India – 400060.
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