Forsta Medtech Private Limited

Forsta Medtech Private Limited - healthcare in Lucknow, Uttar Pradesh, India. FY 2026 financials & compliance.
CIN U33110UP2021PTC147998 Incorporated 30 June 2021 ROC Uttar Pradesh HQ Lucknow, Uttar Pradesh, India
Active Private Limited Company healthcare DPIIT Startup MSME · Micro
Data last updated
Revenue · FY 2024
₹1.44 Cr
▼ 68% YoY
Net loss · FY 2024
₹1.53 Cr
Net margin -106.2%
EBITDA · FY 2024
-₹1.5 Cr
EBITDA margin -104.4%
Authorised capital
₹22 Lakh
Registered with MCA
Paid-up capital
₹22 Lakh
Issued & subscribed
Company age
5 yrs
Est. 2021
Directors on board
2
As per MCA filings
Active GSTINs
4
GST registered

About Forsta Medtech Private Limited

Data last updated:

Forsta Medtech Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India, recognised as a startup by DPIIT. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 30 June 2021 and has been in existence for over 5 years.

The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U33110UP2021PTC147998. Its GSTIN is 09AAECF6255B1ZS (Uttar Pradesh). The company holds 4 GST registrations, all of them active.

The company has an authorised share capital of ₹22 Lakh and a paid-up capital of ₹22 Lakh. It was formerly known as Forstamed Private Limited. It is led by directors Monish Bhandari (Whole-Time Director) and Anisha Chaturvedi.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4th Floor Silicon Tower 7 Old Bhopal House Lalbagh, Lucknow, Uttar Pradesh, India – 226001.

As per the financials filed for FY 2024, the company reported a revenue of ₹1.44 Cr, a decline of 68% compared to the previous year. For the same year it recorded a net loss of ₹1.53 Cr (net margin -106.2%) and EBITDA of -₹1.5 Cr (EBITDA margin -104.4%).

The company is associated with 1 brand: Forsta Medtech. Court records list 6 cases involving the company, including 3 filed by the company and 3 filed against it; 3 cases are pending.

Forsta Medtech Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-50-0024593). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forstamedtech.com.

Company details

CIN U33110UP2021PTC147998
Registration Number 147998
Incorporation Date 30 June 2021
ROC Uttar Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Micro
Udyam Registration UDYAM-UP-50-0024593
Key People
Monish Bhandari Whole-Time Director Anisha Chaturvedi Director

Recognitions & Rankings of Forsta Medtech

DPIIT recognised startup Government of India
Startup India
MSME (Udyam registered) Ministry of MSME
Category
Micro (2021-22)
Udyam number
UDYAM-UP-50-0024593

Contact details

Forsta Medtech Private Limited's registered office is in Lucknow, Uttar Pradesh. Its website is forstamedtech.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    forstamedtech.com
  • Social Media
  • Registered Address
    4th Floor Silicon Tower 7 Old Bhopal House Lalbagh, Lucknow, Uttar Pradesh, India – 226001
  • Industry
    Healthcare, Medical & Laboratory Equipment

To see the full contact details of Forsta Medtech Private Limited, buy the company report.

Comprehensive company report
Forsta Medtech 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
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Secure checkout · GST invoice included

Brands

Forsta Medtech operates one associated brand: Forsta Medtech. Each brand links to its own profile.

BrandDescriptionWebsite
Forsta Medtech
Develops innovative microwave disinfection solutions for medical waste management globally.forstamedtech.com

Business activity

The main business activity of Forsta Medtech is hospital and medical care. In detail, this covers other hospital and medical care activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
QHospital and Medical CareQ6Other Hospital and Medical Care Activities

To see the full business activity and turnover split of Forsta Medtech Private Limited, buy the company report.

Financials of Forsta Medtech Private Limited

FY 2024 filings available

Forsta Medtech Private Limited reported revenue of ₹1.44 Cr (down 68% YoY) for FY 2024.

Revenue · FY 2024
₹1.44 Cr ▼ 68%
Net loss · FY 2024
₹1.53 Cr margin -106.2%
EBITDA · FY 2024
-₹1.5 Cr margin -104.4%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▼ 68%
EBITDA CAGR growth
1 year
▼ 317%

Revenue fell 68% in the latest year. EBITDA fell 317% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22
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-₹1.5 Cr
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹1.53 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

MetricsFY 2023-24FY 2022-23FY 2021-22
Profitability
EBITDA Margin-104.4%
Net Profit Margin-106.2%
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 Forsta Medtech Private Limited, buy the company report.

Board of directors of Forsta Medtech Private Limited

Forsta Medtech has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Monish Bhandari
Also directs: Shone Welt Technologies Private Limited, S.S Medical Systems ( India) Private Limited
Whole-Time Director03 Aug 20233 Years 3 MonthsCurrent
Anisha Chaturvedi
Also directs: Illustrious Educare LLP, Sar Facility Management LLP, Think Sector LLP and 5 more
Director24 Jan 20224 Years 9 MonthsCurrent
View all directors

Auditor

Forsta Medtech Private Limited is audited by J D S D & CO. for the financial year 2022.

Auditor firmFinancial yearFirm registration number
J D S D & CO.FY 20220135359W

Shareholding

The shareholding of Forsta Medtech Private Limited is on record for FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2022
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Forsta Medtech Private Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Forsta Medtech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Forsta Medtech Private Limited has 1 active EPFO establishment as of Apr 01, 2024.

Active EPFO establishments
1

GST

Forsta Medtech has 4 GST registrations: 4 active.

Total GSTINs
4
Active
4
GSTINStateStatusRegistered on
09AAECF6255B1ZSUttar PradeshActive27 Sep 2021
08AAECF6255B1ZURajasthanActive25 May 2022
27AAECF6255B1ZUMaharashtraActive11 Jun 2022
07AAECF6255B1ZWDelhiActive05 Jan 2023

To see the full GST registrations and return filing status of Forsta Medtech Private Limited, buy the company report.

Recent activity

Forsta Medtech Private Limited has 4 board changes on record since 2022: 2 appointments and 2 cessations. The latest: Monish Bhandari was appointed as Whole-Time Director on 03 Aug 2023.

AGM
Forsta Medtech Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Forsta Medtech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Uttar Pradesh I.
Appointed
Monish Bhandari was appointed as Whole-Time Director.
Ceased
Priya Bhandari ceased to be Director.
Ceased
Monish Bhandari ceased to be Director.
Appointed
Anisha Chaturvedi was appointed as Director.
Incorporation
30 Jun 2021
Forsta Medtech Private Limited was registered on 30 Jun 2021 with Roc Uttar Pradesh I & aged 5 years 4 months as per MCA records.

Frequently asked questions

Forsta Medtech is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 30 June 2021 (5+ years old) and is registered under CIN U33110UP2021PTC147998.

Forsta Medtech has 2 current directors:

The latest financial statements of Forsta Medtech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.

The GSTIN of Forsta Medtech is 09AAECF6255B1ZS, registered in Uttar Pradesh. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 08AAECF6255B1ZU (Rajasthan), 27AAECF6255B1ZU (Maharashtra), 07AAECF6255B1ZW (Delhi).

The CIN (Corporate Identification Number) of Forsta Medtech is U33110UP2021PTC147998. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Forsta Medtech has 6 court cases on record: 3 filed by the company and 3 filed against it. 3 are pending. Most are in the district courts.

Forsta Medtech was incorporated on 30 June 2021, making it 5+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.

Monish Bhandari was appointed as Whole-Time Director on 03 Aug 2023. Priya Bhandari ceased to be Director on 03 Aug 2023. Monish Bhandari ceased to be Director on 18 Feb 2022. Forsta Medtech has 4 board changes on record in total.

Yes, Forsta Medtech is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

Yes, Forsta Medtech is registered as a micro enterprise under Udyam registration (number: UDYAM-UP-50-0024593).