Forethought Ventures Private Limited
About Forethought Ventures Private Limited
Data last updated:
Forethought Ventures Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the restaurants and dining services segment of the travel and hospitality sector. It was incorporated on 27 June 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15200KA2016PTC094463. Its GSTIN is 29AACCF8486E2Z8 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.76 Cr. It is led by directors including Dommasandra Mallikarjuna Gowri Shankar and Nachappa Mandepanda Appachu.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at No.68 Manjunatha Colony 3rd Cross Marenahalli J.P.Nagar 2nd Phase, Bangalore, Karnataka, India – 560078.
As per the financials filed for FY 2024, the company reported a revenue of ₹4.51 Cr, a decline of 1% compared to the previous year. For the same year it recorded a net profit of ₹25,654 (net margin 0.1%) and EBITDA of ₹9.97 Lakh (EBITDA margin 2.2%). Revenue has grown at a compounded annual rate (CAGR) of 84% over three years.
The company has about 15 employees on its provident fund (EPFO) records.
Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressNo.68 Manjunatha Colony 3rd Cross Marenahalli J.P.Nagar 2nd Phase, Bangalore, Karnataka, India – 560078
- IndustryTravel and Hospitality, Restaurants & Dining Services
- 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 Forethought Ventures Private Limited
The main business activity of Forethought Ventures is accommodation and food service. In detail, this covers food and beverage services provided by hotels, restaurants, caterers, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I2 | Food and beverage services provided by hotels, restaurants, caterers, etc. | 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 Forethought Ventures Private Limited FY 2024 filings available
Forethought Ventures Private Limited reported revenue of ₹4.51 Cr (down 1% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Forethought Ventures Private Limited
Revenue fell 1% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 84%. EBITDA rose 4% 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 Forethought Ventures Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹9.97 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹25,654 | •••• | •••• | •••• | •••• |
| 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 Forethought Ventures Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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 Forethought Ventures are in the company report.
Financial statements from FY 2017
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.
Peer Comparison of Forethought Ventures Private Limited
Forethought Ventures Private Limited is compared with the companies closest to it by revenue in the Consumer Services industry (Restaurants). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Maxvantage Private Limited | ₹4.51 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Noida, Uttar Pradesh, India |
| Maharaji Food and Beverages Private Limited | ₹4.51 Cr (FY 2025) | •••• | •••• | -33.0% | •••• | New Delhi, Delhi, India |
| Highway Anandam Restaurants Private Limited | ₹4.51 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Haryana, India |
| Sana Snacks and Agro Private Limited | ₹4.51 Cr (FY 2017) | •••• | •••• | •••• | Rishikesh, Uttarakhand, India | |
| Delhi Lounge & Bar Private Limited | ₹4.51 Cr (FY 2025) | •••• | •••• | -8.0% | •••• | New Delhi, Delhi, India |
| Forethought Ventures Private Limited this company | ₹4.51 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Bangalore, Karnataka, India |
| Trailblazer Meals and Beverages Private Limited | ₹4.51 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Hyderabad, Telangana, India |
| Mundar Sah Services Enterprises Private Limited | ₹4.5 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Patna, Bihar, India |
| Tiger Camp Private Limited | ₹4.5 Cr (FY 2025) | •••• | •••• | -32.0% | •••• | Delhi, India |
| Medoe Hospitality Private Limited | ₹4.5 Cr (FY 2024) | •••• | •••• | 545.0% | •••• | Hyderabad, Telangana, India |
| Perdente Piccadilia House Private Limited | ₹4.5 Cr (FY 2023) | •••• | •••• | -54.0% | •••• | Mohali, Punjab, India |
Peers are the five companies nearest above and the five nearest below Forethought Ventures by revenue in the Consumer Services industry (Restaurants), 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 Forethought Ventures Private Limited
Forethought Ventures Private Limited is audited by M VENKATACHALAM & ASSOCIATES for the financial year 2018.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M VENKATACHALAM & 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.
Board of Directors of Forethought Ventures Private Limited
Forethought Ventures has 3 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dommasandra Mallikarjuna Gowri Shankar | Director | 27 Jun 2016 | 10 Years 3 Months | Current |
| Rungta Vedant Also directs: Light Mind Ventures Private Limited, Raaz Khana Private Limited | Additional Director | 19 Apr 2022 | 4 Years 5 Months | Current |
| Nachappa Mandepanda Appachu | Director | 27 Jun 2016 | 10 Years 3 Months | Current |
Ownership and Shareholding of Forethought Ventures 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 Forethought Ventures Private Limited
Forethought Ventures Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Legal Cases of Forethought Ventures Private Limited
Forethought Ventures Private Limited has 4 court cases on record: 2 filed by Forethought Ventures, 2 filed against it. All cases are disposed. Status as checked between 02 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 1 | 0 |
| District courts | 2 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by Tata Capital Limited | Disposed |
| Calcutta High Court | Court case (EC-COM) | Filed against the company by L and T Finance Limited | Disposed |
| High Court of Karnataka | Writ petition | Filed by the company against State of Karnataka | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
Full case history
All 4 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Forethought Ventures Private Limited
Forethought Ventures Private Limited has a workforce of 15 employees as of Apr 01, 2024.
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 Forethought Ventures Private Limited
Forethought Ventures Private Limited has 3 board changes on record since 2016: 3 appointments. The latest: Rungta Vedant was appointed as Additional Director on 19 Apr 2022.
Credit Ratings, Litigation & Regulatory Alerts for Forethought Ventures 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 Forethought Ventures 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 Forethought Ventures 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 Forethought Ventures Private Limited
Forethought Ventures has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCF8486E2Z8 | Karnataka | Active | 01 Jul 2017 |
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 Forethought Ventures 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 Forethought Ventures Private Limited
Forethought Ventures is an active private limited company based in Bangalore, Karnataka, India. The company works in restaurants and dining services, within the travel and hospitality industry. It was incorporated on 27 June 2016 (10+ years old) and is registered under CIN U15200KA2016PTC094463.
Forethought Ventures reported revenue of ₹4.51 Cr for FY 2024 (down 1% YoY).
Forethought Ventures has 3 current directors:
- Dommasandra Mallikarjuna Gowri Shankar - Director
- Rungta Vedant - Additional Director
- Nachappa Mandepanda Appachu - Director
Forethought Ventures reported a net profit of ₹25,654 (net margin 0.1%) and EBITDA of ₹9.97 Lakh (EBITDA margin 2.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Forethought Ventures is 84% over three years. In the latest year (FY 2024) revenue fell 1%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Forethought Ventures is 29AACCF8486E2Z8, registered in Karnataka. 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 Forethought Ventures is U15200KA2016PTC094463. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forethought Ventures has 4 court cases on record: 2 filed by the company and 2 filed against it. Most are in the high courts.
Forethought Ventures was incorporated on 27 June 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Forethought Ventures by revenue are Maxvantage Private Limited, Maharaji Food and Beverages Private Limited, Highway Anandam Restaurants Private Limited, Sana Snacks and Agro Private Limited, Delhi Lounge & Bar Private Limited and 5 more, all in the Consumer Services industry (Restaurants).
Rungta Vedant was appointed as Additional Director on 19 Apr 2022. Dommasandra Mallikarjuna Gowri Shankar was appointed as Director on 27 Jun 2016. Nachappa Mandepanda Appachu was appointed as Director on 27 Jun 2016.