Foremost Realtors Private Limited
About Foremost Realtors Private Limited
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Foremost Realtors Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Omkar Realtors & Developers Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 12 August 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U45202MH2008PTC185715. Its GSTIN is 27AABCF2679J1ZC (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7 Cr and a paid-up capital of ₹7 Cr. It is led by directors Ganesh Ashok Nanaware and Subhash Sahadev Barkunta.
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 Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹46.61 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹81.94 Cr (net margin -175.8%) and EBITDA of -₹81.93 Cr (EBITDA margin -175.8%). Revenue has grown at a compounded annual rate (CAGR) of 684% over three years and 190% over five years.
As per MCA filings, the company has open charges of ₹125 Cr and satisfied charges of ₹1,510.48 Cr on record. Court records list 23 cases involving the company, including 1 filed by the company and 22 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Foremost Realtors Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressC – B – 101 Omkar Esquare, Tatya Tope Marg Joglekarwadi Sion Fish Market Sion (E), Mumbai, Maharashtra, India – 400022
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Foremost Realtors 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
Business activity
The main business activity of Foremost Realtors is construction. In detail, this covers construction of buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | 41 | Construction of buildings |
To see the full business activity and turnover split of Foremost Realtors Private Limited, buy the company report.
Financials of Foremost Realtors Private Limited
FY 2025 filings availableForemost Realtors Private Limited reported revenue of ₹46.61 Cr (up 550% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 190% over five years, including 550% growth 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 | -₹81.93 Cr | ||||
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| Net Profit (PAT) | -₹81.94 Cr | ||||
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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 | -175.8% | ||||
| Net Profit Margin | -175.8% | ||||
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To see the full financial statements and ratios of Foremost Realtors Private Limited, buy the company report.
Board of directors of Foremost Realtors Private Limited
Foremost Realtors has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ganesh Ashok Nanaware Also directs: Kinetic Petroleum Private Limited, Cosma Realtors Private Limited, Mirandum Realtors Private Limited and 5 more | Director | 01 Mar 2021 | 5 Years 8 Months | Current |
| Subhash Sahadev Barkunta Also directs: Vedarambh Properties LLP, Kinetic Petroleum Private Limited, Cosma Realtors Private Limited and 5 more | Director | 24 Jun 2020 | 6 Years 4 Months | Current |
Auditor
Foremost Realtors Private Limited is audited by NEELESH JAIN & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NEELESH JAIN & ASSOCIATES | FY 2021 | 142400W |
Shareholding
The shareholding of Foremost Realtors Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Foremost Realtors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Jun 2015 | 10577649 | Il & Fs Trust Company Limited | ₹125 Cr | Open | |
| 07 Sep 2022 | 100612887 | Others | ₹13.49 Cr | Satisfied | |
| 22 May 2021 | 100458294 | Others | ₹25 Cr | Satisfied | |
| 22 May 2021 | 100458304 | Others | ₹26.99 Cr | Satisfied | |
| 27 Jun 2018 | 100203108 | Others | ₹150 Cr | Satisfied |
To see the full charge records of Foremost Realtors Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Foremost Realtors Private Limited has 23 court cases on record: 1 filed by Foremost Realtors, 22 filed against it. 4 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 13 | 12 | 3 |
| District courts | 9 | 9 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Writ petition | Filed against the company | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons warrent Cases SW) | Filed against the company by an individual | Pending |
| Bombay High Court | Writ petition | Filed against the company | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by an individual | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by individuals | Disposed |
To see the full case history of Foremost Realtors 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 Foremost Realtors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Foremost Realtors has 2 associated companies. This group structure data is as of FY 2021. The table lists each entity with its relationship and holding.
GST
Foremost Realtors has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF2679J1ZC | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Foremost Realtors Private Limited, buy the company report.
Recent activity
Foremost Realtors Private Limited has 13 board changes on record since 2010: 2 appointments and 11 cessations. The latest: Ganesh Ashok Nanaware was appointed as Director on 01 Mar 2021.
41 earlier events are in the company report.
Frequently asked questions
Foremost Realtors 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 12 August 2008 (18+ years old) and is registered under CIN U45202MH2008PTC185715.
Foremost Realtors has 2 current directors:
- Ganesh Ashok Nanaware - Director
- Subhash Sahadev Barkunta - Director
The latest financial statements of Foremost Realtors 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 2015 are in the company report.
The GSTIN of Foremost Realtors is 27AABCF2679J1ZC, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Foremost Realtors is U45202MH2008PTC185715. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foremost Realtors has 23 court cases on record: 1 filed by the company and 22 filed against it. 4 are pending. Most are in the high courts.
Foremost Realtors was incorporated on 12 August 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Ganesh Ashok Nanaware was appointed as Director on 01 Mar 2021. Vrindesh Rajesh Agarwal ceased to be Director on 01 Mar 2021. Subhash Sahadev Barkunta ceased to be Additional Director on 31 Dec 2020. Foremost Realtors has 13 board changes on record in total.
The registered office of Foremost Realtors is at C – B – 101 Omkar Esquare, Tatya Tope Marg Joglekarwadi Sion Fish Market Sion E, Mumbai, Maharashtra, India – 400022.
Foremost Realtors operates in the real estate and construction industry, in the real estate builders and developers segment.
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