About Forloop Systems Private Limited
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Forloop Systems Private Limited is a private limited company based in Kolkata, West Bengal, India, recognised as a startup by DPIIT. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 29 August 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U47211WB2020PTC239279. Its GSTIN is 19AAECF2109E1Z0 (West Bengal). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹4.1 Cr and a paid-up capital of ₹4.01 Cr. It is led by directors Vidhi Kanoi and Sidhant Prakash.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 41 Chowringhee Road, Kolkata, West Bengal, India – 700071.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.37 Cr, a growth of 96% compared to the previous year. For the same year it recorded a net profit of ₹11.99 Lakh (net margin 3.6%) and EBITDA of ₹13 Lakh (EBITDA margin 3.9%). Revenue has grown at a compounded annual rate (CAGR) of 156% over three years.
The company is associated with 1 brand: Sipologie.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sipologie.in.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered Address41 Chowringhee Road, Kolkata, West Bengal, India – 700071
- IndustryE-Commerce, General E-Commerce Platforms
- 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 Forloop Systems Private Limited
The main business activity of Forloop Systems is trade. In detail, this covers retail trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | 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 Forloop Systems Private Limited FY 2025 filings available
Forloop Systems Private Limited reported revenue of ₹3.37 Cr (up 96% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Forloop Systems Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 156% over three years, including 96% growth in the latest year. EBITDA rose 77% 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 Forloop Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹13 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹11.99 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 Forloop Systems Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.9% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3.6% | •••• | •••• | •••• | •••• |
| 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 Forloop Systems are in the company report.
Financial statements from FY 2021
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 Forloop Systems Private Limited
Forloop Systems Private Limited is compared with the companies closest to it by revenue in the same principal business activity (Retail Trading). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KSM Commodities Private Limited | ₹3.38 Cr (FY 2025) | •••• | •••• | -87.0% | •••• | Hyderabad, Telangana, India |
| Opserve Trade Solutions Private Limited | ₹3.38 Cr (FY 2024) | •••• | •••• | 5975.0% | •••• | Miraroad, Maharashtra, India |
| Avyaan Nirman Private Limited | ₹3.37 Cr (FY 2020) | •••• | •••• | 374797.0% | •••• | Kolkata, West Bengal, India |
| Sapien Stories Private Limited | ₹3.37 Cr (FY 2025) | •••• | •••• | 3614.0% | •••• | Nalgonda, Telangana, India |
| Polkart Emporium Private Limited | ₹3.37 Cr (FY 2025) | •••• | •••• | 56.0% | •••• | Jaipur, Rajasthan, India |
| Forloop Systems Private Limited this company | ₹3.37 Cr (FY 2025) | •••• | •••• | 96.0% | •••• | Kolkata, West Bengal, India |
| Ah Merchandise Solutions Private Limited | ₹3.37 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Delhi, India |
| Suvarna Hybrid Seeds Private Limited | ₹3.37 Cr (FY 2020) | •••• | •••• | 9.0% | •••• | Bangalore, Karnataka, India |
| Fos Designs & Services Private Limited | ₹3.37 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Delhi, India |
| Islanders Margin Free Canteen Private Limited | ₹3.37 Cr (FY 2022) | •••• | •••• | -34.0% | •••• | Port Blair, Andaman and Nicobar Islands, India |
| Aria Digital Solutions Private Limited | ₹3.37 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Forloop Systems by revenue in the same principal business activity (Retail Trading), 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 Forloop Systems Private Limited
Forloop Systems Private Limited is audited by SALARPURIA & PARTNERS for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SALARPURIA & PARTNERS | 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 Forloop Systems Private Limited
Forloop Systems has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vidhi Kanoi Also directs: Forloop Ventures Private Limited, Vidhi Housing Pvt Ltd | Director | 29 Aug 2020 | 6 Years 1 Months | Current |
| Sidhant Prakash Also directs: Forloop Ventures Private Limited, North East Builders LLP, R K Commercial Ltd and 5 more | Director | 29 Aug 2020 | 6 Years 1 Months | Current |
Ownership and Shareholding of Forloop Systems 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 Forloop Systems Private Limited
Forloop Systems Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Associated Brands with Forloop Systems Private Limited
Forloop Systems operates one associated brand: Sipologie. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of teaware, coffeeware, and beverage accessories in India. | sipologie.in |
Employees and EPFO Compliance at Forloop Systems Private Limited
Forloop Systems Private Limited has a workforce of 0 employees as of Apr 10, 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.
CIN History of Forloop Systems Private Limited
Forloop Systems has one previous CIN (Corporate Identification Number): U72900WB2020PTC239279. The current CIN is U47211WB2020PTC239279, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U47211WB2020PTC239279 | Current |
| U72900WB2020PTC239279 | Previous |
Recent Activity on Forloop Systems Private Limited
Forloop Systems Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Sudhir Prakash ceased to be Director on 18 Dec 2024.
Credit Ratings, Litigation & Regulatory Alerts for Forloop Systems 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 Forloop Systems 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 Forloop Systems 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 Forloop Systems Private Limited
Forloop Systems has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECF2109E1Z0 | West Bengal | Active | 14 Jan 2021 |
| 27AAECF2109E1Z3 | Maharashtra | Active | 25 Jul 2022 |
| 29AAECF2109E1ZZ | Karnataka | Active | 13 Sep 2022 |
| 06AAECF2109E1Z7 | Haryana | Active | 04 Nov 2022 |
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 Forloop Systems 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 Forloop Systems Private Limited
Forloop Systems is an active private limited company based in Kolkata, West Bengal, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 29 August 2020 (6+ years old) and is registered under CIN U47211WB2020PTC239279.
Forloop Systems reported revenue of ₹3.37 Cr for FY 2025 (up 96% YoY).
Forloop Systems has 2 current directors:
- Vidhi Kanoi - Director
- Sidhant Prakash - Director
Forloop Systems reported a net profit of ₹11.99 Lakh (net margin 3.6%) and EBITDA of ₹13 Lakh (EBITDA margin 3.9%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Forloop Systems is 156% over three years. In the latest year (FY 2025) revenue rose 96%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Forloop Systems is 19AAECF2109E1Z0, registered in West Bengal. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 27AAECF2109E1Z3 (Maharashtra), 29AAECF2109E1ZZ (Karnataka), 06AAECF2109E1Z7 (Haryana).
The CIN (Corporate Identification Number) of Forloop Systems is U47211WB2020PTC239279. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forloop Systems was incorporated on 29 August 2020, making it 6+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Forloop Systems by revenue are KSM Commodities Private Limited, Opserve Trade Solutions Private Limited, Avyaan Nirman Private Limited, Sapien Stories Private Limited, Polkart Emporium Private Limited and 5 more, all in the same principal business activity (Retail Trading).
Sudhir Prakash ceased to be Director on 18 Dec 2024. Sidhant Prakash was appointed as Director on 29 Aug 2020. Vidhi Kanoi was appointed as Director on 29 Aug 2020.
Yes, Forloop Systems is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).