Forefront Tar Products Pvt Ltd
About Forefront Tar Products Pvt Ltd
Data last updated:
Forefront Tar Products Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the petrochemicals and derivatives segment of the chemicals and materials sector. It was incorporated on 17 March 1992 and has been in existence for over 34 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U23209WB1992PTC054781. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.79 Cr. It is led by directors including Narayan Mohanty and Kadiam Giri.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at 407 Ajit Sen Bhawan 13 Crooked Lane 4th Floor, Kolkata, West Bengal, India – 700069.
As per the financials filed for FY 2019, the company reported a revenue of ₹36.11 Lakh, a decline of 94% compared to the previous year. For the same year it recorded a net loss of ₹15.39 Lakh (net margin -42.6%) and EBITDA of ₹21.61 Lakh (EBITDA margin 59.8%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years.
As per MCA filings, the company has open charges of ₹3.14 Cr and satisfied charges of ₹4.05 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Forefront Tar Products Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address407 Ajit Sen Bhawan 13 Crooked Lane 4th Floor, Kolkata, West Bengal, India – 700069
- IndustryChemicals and Materials, Petrochemicals & Derivatives
To see the full contact details of Forefront Tar Products Pvt Ltd, 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
Business activity
The main business activity of Forefront Tar Products is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Forefront Tar Products Pvt Ltd, buy the company report.
Financials of Forefront Tar Products Pvt Ltd
FY 2019 filings availableForefront Tar Products Pvt Ltd reported revenue of ₹36.11 Lakh (down 94% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 66% over three years, including a 94% fall in the latest year. EBITDA fell 54% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹36.11 Lakh | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹21.61 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.39 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 59.8% | ||||
| Net Profit Margin | -42.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Forefront Tar Products Pvt Ltd, buy the company report.
Board of directors of Forefront Tar Products Pvt Ltd
Forefront Tar Products has 3 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Narayan Mohanty | Additional Director | 29 Sep 2019 | 7 Years 0 Months | Current |
| Kadiam Giri Also directs: PGRR Iron and Steel Private Limited | Additional Director | 29 Sep 2019 | 7 Years 0 Months | Current |
| Loknath Ratho | Additional Director | 29 Sep 2019 | 7 Years 0 Months | Current |
Auditor
Forefront Tar Products Pvt Ltd is audited by S K THAKUR & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S K THAKUR & ASSOCIATES | FY 2019 | 325250E |
Shareholding
The shareholding of Forefront Tar Products Pvt Ltd is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Forefront Tar Products Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Mar 2010 | 10213331 | State Bank of India | ₹3 Cr | Open | |
| 06 Apr 1998 | 90253818 | Union Bank of India | ₹14 Lakh | Open | |
| 16 Apr 2010 | 10213332 | State Bank of India | ₹3 Cr | Satisfied | |
| 06 Apr 1998 | 80057239 | Union Bank of India | ₹1.05 Cr | Satisfied |
To see the full charge records of Forefront Tar Products Pvt Ltd, buy the company report.
Total charge records: 4 View all charges
Legal cases
No court or tribunal cases involving Forefront Tar Products Pvt Ltd 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 Forefront Tar Products Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Forefront Tar Products Pvt Ltd has 1 active EPFO establishment as of Apr 10, 2024.
GST
Forefront Tar Products has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Forefront Tar Products Pvt Ltd, buy the company report.
Recent activity
Forefront Tar Products Pvt Ltd has 9 board changes on record since 2007: 3 appointments and 6 cessations. The latest: Abha Somani ceased to be Director on 24 Oct 2019.
10 earlier events are in the company report.
Frequently asked questions
Forefront Tar Products is an active private limited company based in Kolkata, West Bengal, India. The company works in petrochemicals and derivatives, within the chemicals and materials industry. It was incorporated on 17 March 1992 (34+ years old) and is registered under CIN U23209WB1992PTC054781.
Forefront Tar Products has 3 current directors:
- Narayan Mohanty - Additional Director
- Kadiam Giri - Additional Director
- Loknath Ratho - Additional Director
The latest financial statements of Forefront Tar Products on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Forefront Tar Products has 2 GST registrations on record and all of them are cancelled or inactive.
The CIN (Corporate Identification Number) of Forefront Tar Products is U23209WB1992PTC054781. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forefront Tar Products was incorporated on 17 March 1992, making it 34+ years old. It is registered with the Registrar of Companies, Kolkata.
Abha Somani ceased to be Director on 24 Oct 2019. Arun Kumar Maheswari ceased to be Director on 24 Oct 2019. Kadiam Giri was appointed as Additional Director on 29 Sep 2019. Forefront Tar Products has 9 board changes on record in total.
The registered office of Forefront Tar Products is at 407 Ajit Sen Bhawan 13 Crooked Lane 4th Floor, Kolkata, West Bengal, India – 700069.
Forefront Tar Products operates in the chemicals and materials industry, in the petrochemicals and derivatives segment.
Forefront Tar Products has open charges of ₹3.14 Cr and satisfied charges of ₹4.05 Cr as per latest MCA filings.