About Forgo Pharmaceuticals Private Limited
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Forgo Pharmaceuticals Private Limited is a private limited company based in Chandigarh, India. It operates in the drug formulation and development segment of the pharmaceuticals sector. It was incorporated on 05 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24230CH2005PTC028622. Its GSTIN is 06AAACF9144M1ZD (Haryana).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ashish Mittal and Neenu Mittal.
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 H.No.2444 Sector 23 – C Chandigarh, Chandigarh, India – 160022.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.23 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net profit of ₹4.91 Lakh (net margin 0.4%) and EBITDA of ₹1.06 Cr (EBITDA margin 9.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹8.23 Cr and satisfied charges of ₹1.25 Cr on record. Court records list 20 cases involving the company, including 15 filed by the company and 5 filed against it; 6 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forgopharma.com.
Company details
Contact details
Forgo Pharmaceuticals Private Limited's registered office is in Chandigarh, Chandigarh. Its website is forgopharma.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressH.No.2444 Sector 23 – C Chandigarh, Chandigarh, India – 160022
- IndustryPharma, Drug Formulation & Development
To see the full contact details of Forgo Pharmaceuticals 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 Forgo Pharmaceuticals 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 Forgo Pharmaceuticals Private Limited, buy the company report.
Financials of Forgo Pharmaceuticals Private Limited
FY 2024 filings availableForgo Pharmaceuticals Private Limited reported revenue of ₹11.23 Cr (up 4% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 2% over five years, including 4% growth in the latest year. EBITDA rose 23% 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 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 | ₹11.23 Cr | ||||
| Cost of Materials Consumed | |||||
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| Total Expenses | |||||
| EBITDA | ₹1.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.91 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.4% | ||||
| Net Profit Margin | 0.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Forgo Pharmaceuticals Private Limited, buy the company report.
Board of directors of Forgo Pharmaceuticals Private Limited
Forgo Pharmaceuticals has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Mittal | Director | 05 Jul 2005 | 21 Years 3 Months | Current |
| Neenu Mittal Also directs: Lieo Buildcon LLP | Director | 05 Jul 2005 | 21 Years 3 Months | Current |
Auditor
Forgo Pharmaceuticals Private Limited is audited by DISHA SEHGAL & ASSOCIATES for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DISHA SEHGAL & ASSOCIATES | FY 2024 | 0036326N |
Shareholding
The shareholding of Forgo Pharmaceuticals Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Forgo Pharmaceuticals Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2025 | 101099288 | Others | ₹4.05 Cr | Open | |
| 26 Nov 2022 | 100645198 | Others | ₹1.5 Cr | Open | |
| 28 Sep 2020 | 100387898 | Axis Bank Limited | ₹2.25 Cr | Open | |
| 15 Feb 2010 | 10207808 | State Bank of India | ₹3.2 Lakh | Open | |
| 10 Feb 2006 | 90370177 | State Bank of India | ₹40 Lakh | Open |
To see the full charge records of Forgo Pharmaceuticals Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Forgo Pharmaceuticals Private Limited has 20 court cases on record: 15 filed by Forgo Pharmaceuticals, 5 filed against it. 6 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 20 | 5 | 6 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North, Delhi | Criminal case | Filed against the company by Stepan Laboratories Pvt. Ltd. Through Its Partner SH. Gaurav Agarwal | Disposed |
| District court, Ranchi, Jharkhand | Court case (DrugCosmetic) | Filed against the company by State of Jharkhand | Pending |
| District court, Panchkula, Haryana | Cheque dishonour complaint | Filed by the company against M/S T.S. Medical Agencies and 1 other | Pending |
| District court, Panchkula, Haryana | Cheque dishonour complaint | Filed by the company against M/S Carewell Life Sciences and 1 other | Pending |
| District court, Pulwama, Jammu and Kashmir | Court case (Drugs And Cosmetics Act) | Filed against the company | Pending |
To see the full case history of Forgo Pharmaceuticals 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 Forgo Pharmaceuticals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Forgo Pharmaceuticals has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACF9144M1ZD | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Forgo Pharmaceuticals Private Limited, buy the company report.
Recent activity
Forgo Pharmaceuticals Private Limited has 2 board changes on record since 2005: 2 appointments. The latest: Ashish Mittal was appointed as Director on 05 Jul 2005.
1 earlier event is in the company report.
Frequently asked questions
Forgo Pharmaceuticals is an active private limited company based in Chandigarh, India. The company works in drug formulation and development, within the pharma industry. It was incorporated on 05 July 2005 (21+ years old) and is registered under CIN U24230CH2005PTC028622.
Forgo Pharmaceuticals has 2 current directors:
- Ashish Mittal - Director
- Neenu Mittal - Director
The latest financial statements of Forgo Pharmaceuticals on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Forgo Pharmaceuticals is 06AAACF9144M1ZD, registered in Haryana.
The CIN (Corporate Identification Number) of Forgo Pharmaceuticals is U24230CH2005PTC028622. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forgo Pharmaceuticals has 20 court cases on record: 15 filed by the company and 5 filed against it. 6 are pending.
Forgo Pharmaceuticals was incorporated on 05 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chandigarh.
Ashish Mittal was appointed as Director on 05 Jul 2005. Neenu Mittal was appointed as Director on 05 Jul 2005.
Forgo Pharmaceuticals can be reached through the website forgopharma.com. Its registered office is in Chandigarh, India.
The registered office of Forgo Pharmaceuticals is at H.No.2444 Sector 23 – C Chandigarh, Chandigarh, India – 160022.