Forrit Projects Private Limited

Forrit Projects Private Limited - real estate and construction in Hyderabad, Telangana, India. Directors, charges & compliance details.
CIN U45400TG2020PTC140578 Incorporated 03 June 2020 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company real estate and construction
Data last updated
Revenue · FY 2021
₹95.96 Lakh
Latest filing
Net profit · FY 2021
₹6.44 Lakh
Net margin 6.7%
EBITDA · FY 2021
₹8.71 Lakh
EBITDA margin 9.1%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹91 Lakh
Issued & subscribed
Open charges
₹3.12 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings

About Forrit Projects Private Limited

Data last updated:

Forrit Projects Private Limited is a private limited company based in Hyderabad, Telangana, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 03 June 2020 and has been in existence for over 6 years.

The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U45400TG2020PTC140578. Its GSTIN is 36AAECF0864E1ZU (Telangana). The company holds 3 GST registrations, all of them active.

The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹91 Lakh. It is led by directors Tarun Tej Garikipati and Prasad Avula.

Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 6 – 3 – 658 Fl.No – 403 Concorde Apartments Somajiguda, Hyderabad, Telangana, India – 500082.

As per the financials filed for FY 2021, the company reported a revenue of ₹95.96 Lakh. For the same year it recorded a net profit of ₹6.44 Lakh (net margin 6.7%) and EBITDA of ₹8.71 Lakh (EBITDA margin 9.1%).

As per MCA filings, the company has open charges of ₹3.12 Cr on record.

Company Details of Forrit Projects Private Limited
CIN U45400TG2020PTC140578
Registration Number 140578
Incorporation Date 03 June 2020
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    6 – 3 – 658 Fl.No – 403 Concorde Apartments Somajiguda, Hyderabad, Telangana, India – 500082
  • Industry
    Real Estate and Construction, Real Estate Builders & Developers
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Financials, compliance, directors, charges, ownership and filings for Forrit Projects Private Limited in one report.

Financials from FY 2021 Directors & ownership Charges & compliance

Business Activity of Forrit Projects Private Limited

The main business activity of Forrit Projects is construction. In detail, this covers buildings.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
FConstructionF1BuildingsLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Forrit Projects Private Limited FY 2021 filings available

Forrit Projects Private Limited reported revenue of ₹95.96 Lakh for FY 2021.

Revenue · FY 2021
₹95.96 Lakh
Net profit · FY 2021
₹6.44 Lakh margin 6.7%
EBITDA · FY 2021
₹8.71 Lakh margin 9.1%

Financial Statement Summary of Forrit Projects Private Limited

MetricsFY 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₹8.71 Lakh
Profit Before Tax••••
Tax Expense••••
Net Profit (PAT)₹6.44 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 Forrit Projects Private Limited

MetricsFY 2020-21
Profitability
EBITDA Margin9.1%
Net Profit Margin6.7%
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 Forrit Projects are in the company report.

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Financial statements from FY 2021

Earlier years and trend charts are in the company report.

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Peer Comparison of Forrit Projects Private Limited

Forrit Projects Private Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
House of Colors Developers Private Limited₹96 Lakh (FY 2025)••••••••689.0%••••Bangalore, Karnataka, India
Noble Heights Private Limited₹96 Lakh (FY 2025)••••••••21.0%••••Delhi, India
Amrutam India Private Limited₹95.98 Lakh (FY 2021)••••••••202.0%••••Kangra, Himachal Pradesh, India
Sri Shirdi Sai Brindavanam Avenues Private Limited₹95.98 Lakh (FY 2019)••••••••-82.0%••••Guntur, Andhra Pradesh, India
Shri Vrindavan Bihari Infratech Private Limited₹95.97 Lakh (FY 2025)••••••••-47.0%••••Kanpur, Uttar Pradesh, India
Forrit Projects Private Limited this company₹95.96 Lakh (FY 2021)••••••••••••Hyderabad, Telangana, India
Shasya Mangalam Projects Private Limited₹95.96 Lakh (FY 2024)••••••••20.0%••••Uttar Pradesh, India
D. Thakkar Developers Private Limited₹95.95 Lakh (FY 2017)••••••••1.0%••••Mumbai, Maharashtra, India
Shree Lakhan Lal Infradevelopers Private Limited₹95.89 Lakh (FY 2025)••••••••-31.0%••••Lucknow, Uttar Pradesh, India
Als Realinfra Private Limited₹95.88 Lakh (FY 2025)••••••••274.0%••••Lucknow, Uttar Pradesh, India
Limra Avenues Private Limited₹95.87 Lakh (FY 2025)••••••••-54.0%••••Mumbai, Maharashtra, India

Peers are the five companies nearest above and the five nearest below Forrit Projects by revenue in the Real Estate industry (Builders and Developers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Board of Directors of Forrit Projects Private Limited

Forrit Projects has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Tarun Tej GarikipatiDirector03 Jun 20206 Years 4 MonthsCurrent
Prasad AvulaDirector01 Jun 20233 Years 4 MonthsCurrent

Charges & Borrowings of Forrit Projects Private Limited

Open charges
₹3.12 Cr
Satisfied charges
None
Breakdown by lending institutions
Indian Bank₹3.12 Cr
Latest charge details
DateLenderAmountStatus
18 Jun 2021Indian Bank₹3.12 CrOpen

Total charge records: 1 View all charges

Employees and EPFO Compliance at Forrit Projects Private Limited

Employment history and EPFO contributions of people linked to Forrit Projects.

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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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Recent Activity on Forrit Projects Private Limited

Forrit Projects Private Limited has 3 board changes on record since 2020: 2 appointments and 1 cessation. The latest: Sudharshan Reddy Pochami Reddy ceased to be Director on 01 Aug 2023.

Ceased
Sudharshan Reddy Pochami Reddy ceased to be Director.
Appointed
Prasad Avula was appointed as Director.
AGM
Forrit Projects Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Charges
A charge with Indian Bank amounted to Rs. 3.12 Cr with Charge ID 100458301 was registered on 18 Jun 2021.
Filing
Forrit Projects Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Hyderabad.
Appointed
Tarun Tej Garikipati was appointed as Director.
Incorporation
03 Jun 2020
Forrit Projects Private Limited was registered on 03 Jun 2020 with Roc Hyderabad & aged 6 years 4 months as per MCA records.

Credit Ratings, Litigation & Regulatory Alerts for Forrit Projects Private Limited

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MSME Payment Delays by Forrit Projects Private Limited

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MSME payment history

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Subsidiaries & Group Companies of Forrit Projects Private Limited

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Corporate group structure

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GST Compliance of Forrit Projects Private Limited

Forrit Projects has 3 GST registrations: 3 active.

Total GSTINs
3
Active
3
GSTINStateStatusRegistered on
36AAECF0864E1ZUTelanganaActive16 Nov 2020
33AAECF0864E1Z0Tamil NaduActive24 Feb 2021
27AAECF0864E1ZTMaharashtraActive15 Mar 2021
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Forrit Projects Private Limited

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MCA filings and documents

Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.

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Frequently Asked Questions about Forrit Projects Private Limited

Forrit Projects is an active private limited company based in Hyderabad, Telangana, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 03 June 2020 (6+ years old) and is registered under CIN U45400TG2020PTC140578.

Forrit Projects reported revenue of ₹95.96 Lakh for FY 2021.

Forrit Projects has 2 current directors:

Forrit Projects reported a net profit of ₹6.44 Lakh (net margin 6.7%) and EBITDA of ₹8.71 Lakh (EBITDA margin 9.1%) for FY 2021, as per its filed financial statements.

The GSTIN of Forrit Projects is 36AAECF0864E1ZU, registered in Telangana. The company has 3 GST registrations in all, of which 3 are active. Other active GSTINs include 33AAECF0864E1Z0 (Tamil Nadu), 27AAECF0864E1ZT (Maharashtra).

The CIN (Corporate Identification Number) of Forrit Projects is U45400TG2020PTC140578. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Forrit Projects was incorporated on 03 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Hyderabad.

The peers of Forrit Projects by revenue are House of Colors Developers Private Limited, Noble Heights Private Limited, Amrutam India Private Limited, Sri Shirdi Sai Brindavanam Avenues Private Limited, Shri Vrindavan Bihari Infratech Private Limited and 5 more, all in the Real Estate industry (Builders and Developers).

Sudharshan Reddy Pochami Reddy ceased to be Director on 01 Aug 2023. Prasad Avula was appointed as Director on 01 Jun 2023. Tarun Tej Garikipati was appointed as Director on 03 Jun 2020.

The registered office of Forrit Projects is at 6 – 3 – 658 Fl.No – 403 Concorde Apartments Somajiguda, Hyderabad, Telangana, India – 500082.

Forrit Projects has an authorised share capital of ₹2 Cr and a paid-up capital of ₹91 Lakh.

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