Foresight Realtors Private Limited
About Foresight Realtors Private Limited
Data last updated:
Foresight Realtors Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the wholesale distribution segment of the trading and commerce sector. It was incorporated on 23 November 2007.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U45400WB2007PTC120548.
The company had an authorised share capital of ₹22.9 Cr and a paid-up capital of ₹22.86 Cr. It was led by directors Akshay Nathany and Manmath Prusti.
Its last annual general meeting (AGM) was held on 15 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 10A Hemanta Basu Sarani 2nd Floor P.S. Hare Street P. O. Esplanade, Kolkata, West Bengal, India – 700069.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.5 Cr, a growth of 143% compared to the previous year. For the same year it recorded a net profit of ₹2.95 Cr (net margin 84.4%) and EBITDA of ₹3.14 Cr (EBITDA margin 89.8%). Revenue has grown at a compounded annual rate (CAGR) of 49% over three years and 56% over five years.
The company has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹22.83 Cr; the latest was in December 2016.
Company details
Contact details
Foresight Realtors Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address10A Hemanta Basu Sarani 2nd Floor P.S. Hare Street P. O. Esplanade, Kolkata, West Bengal, India – 700069
- IndustryTrading, Other Wholesale, Wholesale
To see the full contact details of Foresight 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
Financials of Foresight Realtors Private Limited
FY 2021 filings availableForesight Realtors Private Limited reported revenue of ₹3.5 Cr (up 143% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 56% over five years, including 143% growth in the latest year. EBITDA rose 271% 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.95 Cr | ||||
| 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 | 89.8% | ||||
| Net Profit Margin | 84.4% | ||||
| 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 Foresight Realtors Private Limited, buy the company report.
Board of directors of Foresight Realtors Private Limited
Foresight Realtors has 2 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Akshay Nathany Also directs: Shape Infra Projects LLP, Sriji Gopalji Housing LLP, Lme Sriji Logistics LLP and 5 more | Director | 01 Dec 2011 | 14 Years 10 Months | As last reported |
| Manmath Prusti Also directs: Sriji Balaji Traders Private Limited | Director | 02 May 2017 | 9 Years 5 Months | As last reported |
Auditor
Foresight Realtors Private Limited is audited by Sandeep K Shah & Co for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sandeep K Shah & Co | FY 2017 |
Shareholding
The shareholding of Foresight Realtors 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 Foresight Realtors Private Limited, buy the company report.
Deals & funding
Foresight Realtors Private Limited has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹22.83 Cr; the latest was in December 2016.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Brahamputra Sales Private Limited |
| Apr 2010 | Secondary share transfer | Undisclosed | Buyer: Brahamputra Sales Private Limited , Flora Vincom Private Limited , Dhansagar Dealtrade Private Limited Seller: Bansidhar Nirman Private Limited , Emerald Mercantile Private Limited , Nutrismart Agro Food Private Limited |
| Mar 2008 | Funding round | ₹22.83 Cr | Investors: Aaron Agencies Private Limited , Sirohi Home Products Pvt.Ltd. , Beacon Distributors Private Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Foresight Realtors 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 Foresight Realtors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Foresight Realtors has 1 associated company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Foresight Realtors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Foresight Realtors Private Limited has 11 board changes on record since 2008: 2 appointments and 9 cessations. The latest: Manmath Prusti ceased to be Additional Director on 29 Sep 2017.
2 earlier events are in the company report.
Frequently asked questions
Foresight Realtors 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.
Foresight Realtors was a private limited company based in Kolkata, West Bengal, India. The company worked in other wholesale, within the trading industry. It was incorporated on 23 November 2007 and is registered under CIN U45400WB2007PTC120548. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Foresight Realtors was incorporated on 23 November 2007. It is registered with the Registrar of Companies, Kolkata.
Foresight Realtors had 2 directors:
- Akshay Nathany - Director
- Manmath Prusti - Director
The CIN (Corporate Identification Number) of Foresight Realtors is U45400WB2007PTC120548. 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 Foresight Realtors is at 10A Hemanta Basu Sarani 2nd Floor P.S. Hare Street P. O. Esplanade, Kolkata, West Bengal, India – 700069.
The latest financial statements of Foresight Realtors on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 15 November 2021. Year-wise statements from 2015 are in the company report.
Foresight Realtors operated in the trading industry, in the other wholesale segment.
Foresight Realtors has 3 deals on record (2 secondary share transfers, 1 funding round), with disclosed funding of ₹22.83 Cr; the latest was in December 2016.
Manmath Prusti ceased to be Additional Director on 29 Sep 2017. Sanjeev Kumar Goel ceased to be Director on 15 Sep 2017. Manmath Prusti was appointed as Director on 02 May 2017. Foresight Realtors has 11 board changes on record in total.