Foresight Developers Private Limited
About Foresight Developers Private Limited
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Foresight Developers Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 23 June 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70109WB2008PTC126805.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Ram Prakash Bihani and Amit Ganguly.
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 2 Garia Station Road, Kolkata, West Bengal, India – 700084.
As per the financials filed for FY 2023, the company reported a revenue of ₹52.26 Lakh, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹44.92 Lakh (net margin 86%) and EBITDA of ₹44.35 Lakh (EBITDA margin 84.9%). Revenue has grown at a compounded annual rate (CAGR) of 152% over three years and 261% over five years.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address2 Garia Station Road, Kolkata, West Bengal, India – 700084
- IndustryReal Estate and Construction, Real Estate Builders & Developers
- 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
- One PDF report, delivered after checkout
Business Activity of Foresight Developers Private Limited
The main business activity of Foresight Developers is construction. In detail, this covers buildings.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| F | Construction | F1 | Buildings | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Foresight Developers Private Limited FY 2023 filings available
Foresight Developers Private Limited reported revenue of ₹52.26 Lakh (up 2% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR) of Foresight Developers Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 261% over five years, including 2% 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 of Foresight Developers Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹44.35 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹44.92 Lakh | •••• | •••• | •••• | •••• |
| 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 of Foresight Developers Private Limited
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 84.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 86% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Foresight Developers are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of Foresight Developers Private Limited
Foresight Developers has 3 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Prakash Bihani Also directs: Mihika Projects LLP, Ganguly Evera Developers LLP, 4Sight Foods Private Limited and 5 more | Director | 01 Nov 2016 | 9 Years 11 Months | Current |
| Amit Ganguly Also directs: Ganguly Citystar Enterprises LLP, Citystar Ganguly Projects LLP, Mihika Projects LLP and 5 more | Director | 23 Jun 2008 | 18 Years 3 Months | Current |
| Rupesh Ranjan Prasad Also directs: Citystar Ganguly Projects LLP, Mihika Projects LLP, 4Sight Foods Private Limited and 5 more | Director | 23 Jun 2008 | 18 Years 3 Months | Current |
Peer Comparison of Foresight Developers Private Limited
Foresight Developers Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Adb Estates Private Limited | ₹52.27 Lakh (FY 2024) | •••• | •••• | 2.0% | •••• | Faridabad, Haryana, India |
| Shobhit RK Private Limited | ₹52.26 Lakh (FY 2024) | •••• | •••• | 131.0% | •••• | Kannauj, Uttar Pradesh, India |
| Sadguru Fuels Private Limited | ₹52.26 Lakh (FY 2020) | •••• | •••• | -99.0% | •••• | Kolkata, West Bengal, India |
| Borooah Real Estates and Commercials Pvt Ltd | ₹52.26 Lakh (FY 2025) | •••• | •••• | -20.0% | •••• | Guwahati, Assam, India |
| Walks N Walks Manage Private Limited | ₹52.26 Lakh (FY 2025) | •••• | •••• | 155.0% | •••• | Mohali, Punjab, India |
| Foresight Developers Private Limited this company | ₹52.26 Lakh (FY 2023) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Foresight Construction Private Limited | ₹52.26 Lakh (FY 2023) | •••• | •••• | 2.0% | •••• | Kolkata, West Bengal, India |
| Vidhu Infratech Private Limited | ₹52.25 Lakh (FY 2023) | •••• | •••• | •••• | Agra, Uttar Pradesh, India | |
| Shiv Shakti Infraventures Private Limited | ₹52.25 Lakh (FY 2025) | •••• | •••• | -69.0% | •••• | Daltonganj, Jharkhand, India |
| Ha Buildtech Private Limited | ₹52.24 Lakh (FY 2019) | •••• | •••• | -89.0% | •••• | New Delhi, Delhi, India |
| Revesion Infraestates Private Limited | ₹52.2 Lakh (FY 2025) | •••• | •••• | 146.0% | •••• | Lucknow, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Foresight Developers by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Foresight Developers Private Limited
Foresight Developers Private Limited is audited by AGARWAL & ASSOCIATES for the financial year 2017.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| AGARWAL & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Foresight Developers Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Foresight Developers Private Limited
Foresight Developers Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Foresight Developers Private Limited
Employment history and EPFO contributions of people linked to Foresight Developers.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Foresight Developers Private Limited
Foresight Developers Private Limited has 4 board changes on record since 2008: 3 appointments and 1 cessation. The latest: Ram Prakash Bihani ceased to be Additional Director on 30 Sep 2017.
Credit Ratings, Litigation & Regulatory Alerts for Foresight Developers Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Foresight Developers Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Foresight Developers Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Foresight Developers Private Limited
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Foresight Developers Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Foresight Developers Private Limited
Foresight Developers is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 23 June 2008 (18+ years old) and is registered under CIN U70109WB2008PTC126805.
Foresight Developers reported revenue of ₹52.26 Lakh for FY 2023 (up 2% YoY).
Foresight Developers has 3 current directors:
- Ram Prakash Bihani - Director
- Amit Ganguly - Director
- Rupesh Ranjan Prasad - Director
Foresight Developers reported a net profit of ₹44.92 Lakh (net margin 86%) and EBITDA of ₹44.35 Lakh (EBITDA margin 84.9%) for FY 2023, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Foresight Developers is 152% over three years and 261% over five years. In the latest year (FY 2023) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The CIN (Corporate Identification Number) of Foresight Developers is U70109WB2008PTC126805. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foresight Developers was incorporated on 23 June 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Foresight Developers by revenue are Adb Estates Private Limited, Shobhit RK Private Limited, Sadguru Fuels Private Limited, Borooah Real Estates and Commercials Pvt Ltd, Walks N Walks Manage Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).
Ram Prakash Bihani ceased to be Additional Director on 30 Sep 2017. Ram Prakash Bihani was appointed as Director on 01 Nov 2016. Amit Ganguly was appointed as Director on 23 Jun 2008. Foresight Developers has 4 board changes on record in total.
The registered office of Foresight Developers is at 2 Garia Station Road, Kolkata, West Bengal, India – 700084.
Foresight Developers has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.