MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-MH-26-0207213
Forsee Power India Private Limited - consumer electronics & durables in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹16.21 Cr
▲ 640% YoY
Net loss · FY 2024
₹12.3 Cr
Net margin -75.9%
EBITDA · FY 2024
-₹9.23 Cr
EBITDA margin -56.9%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹27.59 Lakh
Issued & subscribed
Open charges
₹22 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Employees · EPFO
48
Provident fund records
About Forsee Power India Private Limited
Data last updated:
Forsee Power India Private Limited is a foreign private limited company based in New Delhi, Delhi, India, a subsidiary of Forsee Power Sa. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 06 July 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U51909DL2020FTC365683. Its GSTIN is 27AAECF1241P1ZH (Maharashtra). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹27.59 Lakh. It is led by directors including Nandu Damodar Patil (Whole-Time Director) and Christophe Martin Gurtner.
Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 December 2024. The registered office is at 91 Springboard B1/H3 Mohan Co – Operative Mathura Rd Industrial Area Block – B, New Delhi, Delhi, India – 110044.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.21 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹12.3 Cr (net margin -75.9%) and EBITDA of -₹9.23 Cr (EBITDA margin -56.9%). Revenue has grown at a compounded annual rate (CAGR) of 247% over three years.
The company has about 48 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Forsee Power. As per MCA filings, the company has open charges of ₹22 Cr on record.
Forsee Power India Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-MH-26-0207213). For more details, the company can be reached via its website forseepower.com.
Company details
CIN U51909DL2020FTC365683
Registration Number 365683
Incorporation Date 06 July 2020
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 June 2025
Date of Balance Sheet 31 December 2024
Parent Company Forsee Power Sa
MSME Classification MSME
Udyam Registration UDYAM-MH-26-0207213
Key People
Nandu Damodar Patil Whole-Time Director Christophe Martin Gurtner Director Frederic Michel Roger Poupeau Director Recognitions & Rankings of Forsee Power India
Contact details
Forsee Power India Private Limited's registered office is in New Delhi, Delhi. Its website is forseepower.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address91 Springboard B1/H3 Mohan Co – Operative Mathura Rd Industrial Area Block – B, New Delhi, Delhi, India – 110044
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Forsee Power India Private Limited, buy the company report.
Comprehensive company report
Forsee Power India Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Brands
Forsee Power India operates one associated brand: Forsee Power. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Lithium battery systems for electric vehicles and gadgets are manufactured. | forseepower.com |
Business activity
The main business activity of Forsee Power India is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of Forsee Power India Private Limited, buy the company report.
Financials of Forsee Power India Private Limited
FY 2024 filings availableForsee Power India Private Limited reported revenue of ₹16.21 Cr (up 640% YoY) for FY 2024.
Revenue · FY 2024
₹16.21 Cr ▲ 640%
Net loss · FY 2024
₹12.3 Cr margin -75.9%
EBITDA · FY 2024
-₹9.23 Cr margin -56.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 640%
3 years · compounded
▲ 247%
EBITDA CAGR growth
1 year
▼ 34%
3 years · compounded
▼ 144%
Revenue has grown at a compounded annual rate (CAGR) of 247% over three years, including 640% growth in the latest year. EBITDA fell 34% 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 |
|---|---|---|---|---|
| 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 | -₹9.23 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹12.3 Cr | |||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -56.9% | |||
| Net Profit Margin | -75.9% | |||
| 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 | ||||
To see the full financial statements and ratios of Forsee Power India Private Limited, buy the company report.
Board of directors of Forsee Power India Private Limited
Forsee Power India has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Christophe Martin Gurtner | Director | 06 Jul 2020 | 6 Years 4 Months | Current |
| Frederic Michel Roger Poupeau | Director | 16 Feb 2023 | 3 Years 8 Months | Current |
| Nandu Damodar Patil | Whole-Time Director | 08 Jan 2026 | 0 Years 9 Months | Current |
Auditor
Forsee Power India Private Limited is audited by DELOITTE HASKINS & SELLS LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DELOITTE HASKINS & SELLS LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Forsee Power India Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Forsee Power India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹22 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Nov 2024 | 101012309 | Others | ₹22 Cr | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Forsee Power India Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
Forsee Power India Private Limited has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 14 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Maestrotech Systems Private Limited | |||
| Mikro Innotech India Private Limited | |||
| LPS Bossard Private Limited |
To see the full MSME payment records of Forsee Power India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Forsee Power India has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECF1241P1ZH | Maharashtra | Active | 25 Sep 2020 |
To see the full GST registrations and return filing status of Forsee Power India Private Limited, buy the company report.
Recent activity
Forsee Power India Private Limited has 13 board changes on record since 2020: 8 appointments and 5 cessations. The latest: Ajit Ramakant Deshmukh ceased to be Whole-Time Director on 08 Jan 2026.
Ceased
Ajit Ramakant Deshmukh ceased to be Whole-Time Director.
Appointed
Nandu Damodar Patil was appointed as Whole-Time Director.
Ceased
Durga Prasad Akhnoor ceased to be CEO.
AGM
Forsee Power India Private Limited last Annual general meeting of members was held on 30 Jun 2025 as per latest MCA records.
Filing
Forsee Power India Private Limited has filed its annual Financial statements for the year ended 31 Dec 2024 with Roc Delhi I.
Charges
A charge with Others amounted to Rs. 2,200.00 Lakh with Charge ID 101012309 was registered on 25 Nov 2024.
Appointed
Ajit Ramakant Deshmukh was appointed as Whole-Time Director.
Ceased
Mohith Murali ceased to be Director.
Appointed
Frederic Michel Roger Poupeau was appointed as Director.
Ceased
Satoru Muto ceased to be Director.
Appointed
Durga Prasad Akhnoor was appointed as CEO.
Appointed
Mohith Murali was appointed as Director.
5 earlier events are in the company report.
News
Frequently asked questions
Forsee Power India is an active foreign private limited company based in New Delhi, Delhi, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 06 July 2020 (6+ years old) and is registered under CIN U51909DL2020FTC365683.
Forsee Power India has 3 current directors:
- Nandu Damodar Patil - Whole-Time Director
- Christophe Martin Gurtner - Director
- Frederic Michel Roger Poupeau - Director
The latest financial statements of Forsee Power India on record with the MCA are for the year ended 31 December 2024. Its last annual general meeting was held on 30 June 2025. Year-wise statements from FY 2021 are in the company report.
The GSTIN of Forsee Power India is 27AAECF1241P1ZH, registered in Maharashtra. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Forsee Power India is U51909DL2020FTC365683. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forsee Power India was incorporated on 06 July 2020, making it 6+ years old. It is registered with the Registrar of Companies, Delhi.
Ajit Ramakant Deshmukh ceased to be Whole-Time Director on 08 Jan 2026. Nandu Damodar Patil was appointed as Whole-Time Director on 08 Jan 2026. Durga Prasad Akhnoor ceased to be CEO on 01 Dec 2025. Forsee Power India has 13 board changes on record in total.
Yes, Forsee Power India is registered as an MSME under Udyam registration (number: UDYAM-MH-26-0207213).
Forsee Power India has 4 MSME Form 1 returns on record for the period ending Sep 2023, listing 14 overdue payments to 4 micro and small suppliers. The latest return was filed on 02 Jan 2024.
Forsee Power India can be reached through the website forseepower.com. Its registered office is in New Delhi, Delhi, India.
The registered office of Forsee Power India is at 91 Springboard B1H3 Mohan Co – Operative Mathura Rd Industrial Area Block – B, New Delhi, Delhi, India – 110044.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages