Fornido Developers Limited - Company Profile

It is a real estate and construction public limited company based in Mumbai, Maharashtra, India, established in 1958.
1958 Mumbai, Maharashtra, India Active
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About Fornido Developers Limited

Fornido Developers Limited, a active public limited company, was established on 27 December 1958 in Mumbai, Maharashtra, India. Engaging in real estate builders & developers within the construction sector, it holds CIN: U29290MH1958PLC011247. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹9.00 Cr.

Formerly known as Enpro Limited. It upholds a compliant status. Its leadership includes Rupal Rupin Ashar (Cfo), Sandeep Popatlal Patel (Director), Vijetha Sandeep Shetty (Additional Director). Past directors included Rohit Ramnath Katyal, Parul Anupam Khanna, Rohit Arjun Patel. It holds no open charges and ₹97.50 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at Shop No.15, 1St Lower Portion Floor, Om Heera Panna Pre. Chs, Cts No. 1 Pt., Andheri O, Shiwara, Mumbai, Maharashtra, 400053.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U29290MH1958PLC011247

  • Registration Number

    011247

  • Incorporation Date

    27 December 1958

  • Authorized Capital

    ₹25.00 Cr

  • Paid-Up Capital

    ₹9.00 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 9.00 Cr
  • Company Age 67 Year, 1 Month
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 97.50 Cr
  • Revenue Growth **** -61.96%
  • Profit Growth **** -402.70%
  • Ebitda **** -7917.98%
  • Net Worth -6.26%
  • Total Assets **** 0.82%
Company report

Fornido Developers Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Fornido Developers Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Fornido Developers Limited?
Current Directors
Name Designation Appointment Date Status
Rupal Rupin Ashar Cfo 01 Apr 2019 Current
Sandeep Popatlal Patel Director 27 Feb 2017 Current
Vijetha Sandeep Shetty Additional Director 03 Oct 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 04 Dec 2017 Past
Pramod Abcsdd Managing Director 31 Jan 2014 Past
Pramod Abcsdd Whole-Time Director 01 Dec 2008 Past
Pramod Abcsdd Director 01 Apr 2019 Past
Pramod Abcsdd Additional Director 10 Sep 2018 Past
Pramod Abcsdd Additional Director 29 Sep 2017 Past

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Financial Performance of Fornido Developers.

Fornido Developers Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 61.96% decrease. The company also saw a substantial fall in profitability, with a 402.7% decrease in profit. The company's net worth dipped by a decrease of 6.26%.

Fornido Developers revenue growth over time
Fornido Developers profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 -61.96%
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Revenue from Operations
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 -91.24%
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*******
Total Assets
*******
 0.82%
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Profit or Loss
*******
 -402.70%
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*******
*******
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Net Worth
*******
 -6.26%
*******
*******
*******
*******
EBITDA
*******
 -7917.98%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Fornido Developers?

In 2023, Fornido Developers had a public holding of 100.00%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹0

Satisfied Charges

₹975,000,000.00

Charges Breakdown by Lending Institutions
  • The Ratnakar Bank Limited : 97.50 Cr
Latest Charge Details
Date Lender Amount Status
20 Feb 2014 The Ratnakar Bank Limited ₹97.50 Cr Satisfied

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How Many Employees Work at Fornido Developers?

Unlock and access historical data on people associated with Fornido Developers, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fornido Developers, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Fornido Developers's trajectory.

Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Fornido Developers
Recent Activity within the Organization
  • Annual General Meeting

    The activity Fornido Developers Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Fornido Developers Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was recorded as a recent event.

  • Director Appointment

    The activity Vijetha Sandeep Shetty was appointed as a Additional Director was appointed as a Additional Director on 03 Oct 2024 & has been associated with this company since 1 year 4 months . was completed.

  • Director Appointment

    Rupal Rupin Ashar was appointed as a CFO was appointed as a CFO on 01 Apr 2019 & has been associated with this company since 6 years 10 months . was recorded as a recent event.

  • Director Appointment

    The activity Jayalakshmi Rajesh Iyer was appointed as a Company Secretary was appointed as a Company Secretary on 01 Apr 2019 & has been associated with this company since 6 years 10 months . was completed.

  • Director Appointment

    Progress on Rupal Rupin Ashar was appointed as a CFO was appointed as a CFO on 01 Apr 2019 & has been associated with this company since 6 years 10 months . was documented.

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Frequently Asked Questions
What is the CIN of Fornido Developers Limited?

The CIN of Fornido Developers Limited is U29290MH1958PLC011247.

Where is Fornido Developers Limited headquartered?

Fornido Developers Limited is headquartered at Shop No.15, 1St Lower Portion Floor, Om Heera Panna Pre. Chs, Cts No. 1 Pt., Andheri O, Shiwara, Mumbai, Maharashtra, 400053.

When was Fornido Developers Limited incorporated?

Fornido Developers Limited was incorporated on 27 December 1958.

Who are the current directors of Fornido Developers Limited?

The current directors of Fornido Developers Limited are

What is the primary industry of Fornido Developers Limited?

The primary industry of Fornido Developers Limited is Construction.

Is Fornido Developers Limited a listed company?

Fornido Developers Limited is unlisted.

What is the capital structure of Fornido Developers Limited?

The authorized capital of Fornido Developers Limited is ₹25.00 Cr, and the paid-up capital is ₹9.00 Cr.

What is the compliance status of Fornido Developers Limited?

The compliance status of Fornido Developers Limited is Compliant.

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