- Category
- Micro (2021-22)
- Udyam number
- UDYAM-HR-05-0027177

About Foresto Enterprises Private Limited
Data last updated:
Foresto Enterprises Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the furniture manufacturing segment of the consumer electronics and durables sector. It was incorporated on 11 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U36999DL2017PTC320481. Its GSTIN is 07AADCF1485C1ZX (Delhi). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Jitendra Sharma and Sachin Pal Gumber.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office is at Property No. 46 Ugf Khasra No. 367 Near 100 Feet Road Village Ghitorni, New Delhi, Delhi, India – 110030.
As per the financials filed for FY 2020, the company reported a revenue of ₹1.66 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.14 Lakh (net margin 3.1%) and EBITDA of ₹7.07 Lakh (EBITDA margin 4.3%).
The company has about 16 employees on its provident fund (EPFO) records.
Court records list 3 cases involving the company, including 3 filed against it; 2 cases are pending.
Foresto Enterprises Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-05-0027177). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website foresto.in.
Company details
Recognitions & Rankings of Foresto Enterprises
Contact details
Foresto Enterprises Private Limited's registered office is in New Delhi, Delhi. Its website is foresto.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressProperty No. 46 Ugf Khasra No. 367 Near 100 Feet Road Village Ghitorni, New Delhi, Delhi, India – 110030
- IndustryConsumer Electronics & Durables, Furniture Manufacturing
To see the full contact details of Foresto Enterprises 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 Foresto Enterprises is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Foresto Enterprises Private Limited, buy the company report.
Financials of Foresto Enterprises Private Limited
FY 2020 filings availableForesto Enterprises Private Limited reported revenue of ₹1.66 Cr (up 375% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 375% in the latest year. EBITDA rose 325% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹1.66 Cr | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹7.07 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹5.14 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
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 4.3% | ||
| Net Profit Margin | 3.1% | ||
| 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 Foresto Enterprises Private Limited, buy the company report.
Board of directors of Foresto Enterprises Private Limited
Foresto Enterprises 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 |
|---|---|---|---|---|
| Ravi Sharma | Additional Director | 20 Feb 2021 | 5 Years 8 Months | Current |
| Jitendra Sharma | Director | 11 Jul 2017 | 9 Years 3 Months | Current |
| Sachin Pal Gumber | Director | 11 Jul 2017 | 9 Years 3 Months | Current |
Auditor
Foresto Enterprises Private Limited is audited by AMIT S K GUPTA & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AMIT S K GUPTA & CO | FY 2020 | 023760N |
Shareholding
The shareholding of Foresto Enterprises Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Foresto Enterprises Private Limited, buy the company report.
Legal cases
Foresto Enterprises Private Limited has 3 court cases on record: 3 filed against it. 2 cases are pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 2 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by M/S Finesse Facility Services Pvt Ltd | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by an individual | Disposed |
To see the full case history of Foresto Enterprises 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 Foresto Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Foresto Enterprises Private Limited has a workforce of 16 employees on its EPFO records as of Apr 05, 2024, across 1 active EPFO establishment.
GST
Foresto Enterprises has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCF1485C1ZX | Delhi | Active | 30 Aug 2017 |
| 06AADCF1485C1ZZ | Haryana | Active | 26 Sep 2018 |
To see the full GST registrations and return filing status of Foresto Enterprises Private Limited, buy the company report.
Recent activity
Foresto Enterprises Private Limited has 4 board changes on record since 2017: 3 appointments and 1 cessation. The latest: Ravi Sharma ceased to be Additional Director on 30 Aug 2022.
Frequently asked questions
Foresto Enterprises is an active private limited company based in New Delhi, Delhi, India. The company works in furniture manufacturing, within the consumer electronics and durables industry. It was incorporated on 11 July 2017 (9+ years old) and is registered under CIN U36999DL2017PTC320481.
Foresto Enterprises has 3 current directors:
- Ravi Sharma - Additional Director
- Jitendra Sharma - Director
- Sachin Pal Gumber - Director
The latest financial statements of Foresto Enterprises on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Foresto Enterprises is 07AADCF1485C1ZX, registered in Delhi. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AADCF1485C1ZZ (Haryana).
The CIN (Corporate Identification Number) of Foresto Enterprises is U36999DL2017PTC320481. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Foresto Enterprises has 3 court cases on record: 3 filed against it. 2 are pending.
Foresto Enterprises was incorporated on 11 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Ravi Sharma ceased to be Additional Director on 30 Aug 2022. Ravi Sharma was appointed as Additional Director on 20 Feb 2021. Jitendra Sharma was appointed as Director on 11 Jul 2017. Foresto Enterprises has 4 board changes on record in total.
Yes, Foresto Enterprises is registered as a micro enterprise under Udyam registration (number: UDYAM-HR-05-0027177).
Foresto Enterprises can be reached through the website foresto.in. Its registered office is in New Delhi, Delhi, India.