About Formex Private Limited
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Formex Private Limited is a private limited company based in Pune, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 16 May 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29254PN1986PTC039849. Its GSTIN is 27AABCA5700D1ZA (Maharashtra).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹26.75 Lakh. It is led by directors Damodaran Govindan Koottandavida and Navroze Shiamak Marshall.
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 J 376 Bhosari Industrial Estate, Pune, Maharashtra, India – 411026.
As per the financials filed for FY 2024, the company reported a revenue of ₹30.73 Lakh, a growth of 11% compared to the previous year. For the same year it recorded a net profit of ₹25.01 Lakh (net margin 81.4%) and EBITDA of ₹24.57 Lakh (EBITDA margin 80%). Revenue has declined at a compounded annual rate (CAGR) of 63% over three years and 52% over five years.
The company has about 105 employees on its provident fund (EPFO) records.
Court records list 1 case involving the company, including 1 filed by the company. The company has 1 deal on record (1 secondary share transfer); the latest was in December 2023. Its 5 peer companies in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products) are compared by revenue, 3 larger and 2 smaller; the largest is Kavita Engineering Industries Pvt Ltd with revenue of ₹31.16 Lakh.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website simmondsmarshall.com.
Company details
CIN history
Formex has one previous CIN (Corporate Identification Number): U29254MH1986PTC039849. The current CIN is U29254PN1986PTC039849, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U29254PN1986PTC039849 | Current |
| U29254MH1986PTC039849 | Previous |
Contact details
Formex Private Limited's registered office is in Pune, Maharashtra. Its website is simmondsmarshall.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressJ 376 Bhosari Industrial Estate, Pune, Maharashtra, India – 411026
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Formex 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 Formex Private Limited
FY 2025 filings availableFormex Private Limited reported revenue of ₹30.73 Lakh (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue rose 11% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 52%. EBITDA rose 78% 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 |
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| EBITDA | ₹24.57 Lakh | ||||
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| Net Profit (PAT) | ₹25.01 Lakh | ||||
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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 | 80% | ||||
| Net Profit Margin | 81.4% | ||||
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To see the full financial statements and ratios of Formex Private Limited, buy the company report.
Board of directors of Formex Private Limited
Formex has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Damodaran Govindan Koottandavida | Director | 21 Jun 2017 | 9 Years 4 Months | Current |
| Navroze Shiamak Marshall Also directs: S J Marshall Trading Company LLP, Jiji Marshall Trading Company LLP, Kihm Stahl Solutions LLP and 5 more | Director | 22 Jun 2022 | 4 Years 4 Months | Current |
Peer comparison
Formex Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kavita Engineering Industries Pvt Ltd | ₹31.16 Lakh (FY 2025) | 13.0% | Delhi, India | |||
| Saskea Precision Industries Private Limited | ₹31.14 Lakh (FY 2025) | 80.0% | Bangalore, Karnataka, India | |||
| Niketh Metcomp Private Limited | ₹30.89 Lakh (FY 2021) | -18.0% | Bangalore, Karnataka, India | |||
| Formex Private Limitedthis company | ₹30.73 Lakh (FY 2024) | ₹25.01 Lakh | 81.4% | 11.0% | 105 | Pune, Maharashtra, India |
| Anu Extrusions Private Limited | ₹30.5 Lakh (FY 2024) | 11.0% | New Delhi, Delhi, India | |||
| S.G. Autoparts Private Limited | ₹30.47 Lakh (FY 2025) | 15525.0% | Delhi, India |
To see the full peer comparison of Formex Private Limited, buy the company report.
Auditor
Formex Private Limited is audited by Farhad H. Hozdar & Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Farhad H. Hozdar & Co | FY 2023 | 112243W |
Shareholding
The shareholding of Formex Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Formex Private Limited, buy the company report.
Deals & funding
Formex Private Limited has 1 deal on record (1 secondary share transfer); the latest was in December 2023.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2023 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Simmonds Marshall Limited |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Formex Private Limited has 1 court case on record: 1 filed by Formex. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Maharashtra Industrial and Lab, Maharashtra | Court case (Reference IDA) | Filed by the company against an individual | Disposed |
To see the full case history of Formex 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 Formex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Formex Private Limited has a workforce of 105 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Formex has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCA5700D1ZA | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Formex Private Limited, buy the company report.
Recent activity
Formex Private Limited has 10 board changes on record since 2010: 2 appointments and 8 cessations. The latest: Navroze Shiamak Marshall ceased to be Additional Director on 30 Sep 2022.
1 earlier event is in the company report.
Frequently asked questions
Formex is an active private limited company based in Pune, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 16 May 1986 (40+ years old) and is registered under CIN U29254PN1986PTC039849.
Formex has 2 current directors:
- Damodaran Govindan Koottandavida - Director
- Navroze Shiamak Marshall - Director
The latest financial statements of Formex on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Formex is 27AABCA5700D1ZA, registered in Maharashtra.
The CIN (Corporate Identification Number) of Formex is U29254PN1986PTC039849. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Formex has 1 court case on record: 1 filed by the company.
Formex was incorporated on 16 May 1986, making it 40+ years old. It is registered with the Registrar of Companies, Pune.
Formex has 1 deal on record (1 secondary share transfer); the latest was in December 2023.
The peers of Formex by revenue are Kavita Engineering Industries Pvt Ltd, Saskea Precision Industries Private Limited, Niketh Metcomp Private Limited, Anu Extrusions Private Limited, S.G. Autoparts Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Navroze Shiamak Marshall ceased to be Additional Director on 30 Sep 2022. Naville Eruch Gotla ceased to be Director on 08 Jul 2022. Navroze Shiamak Marshall was appointed as Director on 22 Jun 2022. Formex has 10 board changes on record in total.
Formex can be reached through the website simmondsmarshall.com. Its registered office is in Pune, Maharashtra, India.