Forente Services and Trading Private Limited
About Forente Services and Trading Private Limited
Data last updated:
Forente Services and Trading Private Limited was a private limited company based in Pune, Maharashtra, India, operated as a subsidiary of Elara Trading And Services Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the integrated logistics and supply chain solutions segment of the transport and logistics sector. It was incorporated on 15 January 2016.
The company was registered with the Registrar of Companies (ROC), Pune, under CIN U74999PN2016PTC157974. Its GSTIN is 27AACCF7371A1ZV (Maharashtra).
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹10,000. It was led by directors including Mangesh Kulkarni Vyankatesh and Shivaji Shankar Patil.
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at Pune, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹6.57 Lakh, a decline of 15% compared to the previous year. For the same year it recorded a net loss of ₹56,852 (net margin -8.7%) and EBITDA of -₹1.48 Lakh (EBITDA margin -22.5%). Revenue has declined at a compounded annual rate (CAGR) of 28% over three years.
Company details
Contact details
Forente Services and Trading Private Limited's registered office is in Pune, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address404 4th Floor Lunkad Sky Station Co – Operatives Premises Society Limited V, Iman Nagar, Pune, Maharashtra, India – 411014
- IndustryTransport and Logistics, Integrated & Diversified Logistics Services
To see the full contact details of Forente Services and Trading 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 Forente Services and Trading Private Limited
FY 2024 filings availableForente Services and Trading Private Limited reported revenue of ₹6.57 Lakh (down 15% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 28% over three years, including a 15% fall 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹6.57 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹1.48 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹56,852 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -22.5% | ||||
| Net Profit Margin | -8.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Forente Services and Trading Private Limited, buy the company report.
Board of directors of Forente Services and Trading Private Limited
Forente Services and Trading has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mangesh Kulkarni Vyankatesh Also directs: Elara Trading and Services Limited | Director | 12 Apr 2019 | 7 Years 6 Months | As last reported |
| Shivaji Shankar Patil Also directs: Elara Trading and Services Limited | Director | 26 Mar 2021 | 5 Years 7 Months | As last reported |
| Maruthur Neelambaram Panicker | Director | 01 Aug 2024 | 2 Years 3 Months | As last reported |
Auditor
Forente Services and Trading Private Limited is audited by R P BHIDE & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R P BHIDE & ASSOCIATES | FY 2021 | 101406W |
Shareholding
The shareholding of Forente Services and Trading Private Limited is on record for 2 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Forente Services and Trading Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Forente Services and Trading 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 Forente Services and Trading Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Forente Services and Trading has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AACCF7371A1ZV | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Forente Services and Trading Private Limited, buy the company report.
Recent activity
Forente Services and Trading Private Limited has 13 board changes on record since 2016: 8 appointments and 5 cessations. The latest: Bharat Dharamdas Hiranandani ceased to be Director on 01 Aug 2024.
4 earlier events are in the company report.
Frequently asked questions
Forente Services and Trading has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Forente Services and Trading was a private limited company based in Pune, Maharashtra, India. The company worked in integrated and diversified logistics services, within the transport and logistics industry. It was incorporated on 15 January 2016 and is registered under CIN U74999PN2016PTC157974. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Forente Services and Trading was incorporated on 15 January 2016. It is registered with the Registrar of Companies, Pune.
Forente Services and Trading had 3 directors:
- Mangesh Kulkarni Vyankatesh - Director
- Shivaji Shankar Patil - Director
- Maruthur Neelambaram Panicker - Director
The CIN (Corporate Identification Number) of Forente Services and Trading is U74999PN2016PTC157974. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Forente Services and Trading is at 404 4th Floor Lunkad Sky Station Co – Operatives Premises Society Limited V, Iman Nagar, Pune, Maharashtra, India – 411014.
The latest financial statements of Forente Services and Trading on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Forente Services and Trading is 27AACCF7371A1ZV, registered in Maharashtra.
Forente Services and Trading operated in the transport and logistics industry, in the integrated and diversified logistics services segment.
Bharat Dharamdas Hiranandani ceased to be Director on 01 Aug 2024. Maruthur Neelambaram Panicker was appointed as Director on 01 Aug 2024. Shivaji Shankar Patil was appointed as Director on 26 Mar 2021. Forente Services and Trading has 13 board changes on record in total.
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