About Forthcode Technologies India Private Limited
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Forthcode Technologies India Private Limited is a private limited company based in Bangalore North, Karnataka, India, recognised as a startup by DPIIT. It operates in the SAAS (software as a service) providers segment of the technology and IT services sector. It was incorporated on 22 January 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72900KA2020PTC131847. Its GSTIN is 29AADCF9953F1Z8 (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1.06 Lakh. It is led by directors including Faiz Mohammed and Purnima Manhas.
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 Bangalore North, Karnataka.
As per the financials filed for FY 2025, the company reported a revenue of ₹1.98 Cr, a growth of 32% compared to the previous year. For the same year it recorded a net loss of ₹1.05 Cr (net margin -52.9%) and EBITDA of -₹1.02 Cr (EBITDA margin -51.3%).
The company has about 12 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Forthcode.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forthcode.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo. 43 Wework Galaxy, Residency Road, Bangalore North, Karnataka, India – 560025
- IndustryInformation Technology, SaaS (Software as a Service) Providers
- 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
- One PDF report, delivered after checkout
Associated Brands with Forthcode Technologies India Private Limited
Forthcode Technologies India operates one associated brand: Forthcode. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Cloud-based platforms for airlines and retail are developed. | forthcode.com |
Competitors & Alternatives of Forthcode Technologies India Private Limited
Brands and companies operating in the same space as Forthcode Technologies India Private Limited include Square, Zettle, Tyro and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
 Square | POS solutions are provided for retail businesses. | San Francisco, United States | 2009 |
 Zettle | Payment processing solutions are offered to merchants and businesses. | Stockholm, Sweden | 2010 |
 Tyro | POS solutions are provided for retail payment processing. | Sydney, Australia | 2003 |
 Clip | POS solutions are provided to offline retailers via mobile devices. | Mexico City, Mexico | 2012 |
 Clover | Cloud-based mPOS system for small business operations is offered. | Mountain View, United States | 2010 |
 POSaBIT | POS software and hardware are provided for cannabis retailers. | Seattle, United States | 2015 |
 ShopKeep | Cloud-based point-of-sale software is provided for retailers and restaurants. | New York, United States | 2008 |
 Network Merchants | White-label payment gateways are built for global e-commerce transactions. | Roselle, United States | 2001 |
Business Activity of Forthcode Technologies India Private Limited
The main business activity of Forthcode Technologies India is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Forthcode Technologies India Private Limited
Forthcode Technologies India Private Limited is audited by B K Agarwal & Co for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B K Agarwal & Co | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Forthcode Technologies India Private Limited
Forthcode Technologies India has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Faiz Mohammed Also directs: Verdad Media Limited, Chemyzolab Private Limited, Atm Constructions Private Limited and 2 more | Director | 22 Jul 2022 | 4 Years 2 Months | Current |
| Purnima Manhas | Director | 22 Jan 2020 | 6 Years 8 Months | Current |
| Ajith Kumar Balakumar | Director | 15 Dec 2021 | 4 Years 9 Months | Current |
Financials of Forthcode Technologies India Private Limited FY 2025 filings available
Forthcode Technologies India Private Limited reported revenue of ₹1.98 Cr (up 32% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Forthcode Technologies India Private Limited
Revenue rose 32% in the latest year. EBITDA rose 44% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Forthcode Technologies India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
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| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
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| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1.02 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.05 Cr | •••• | •••• | •••• | •••• |
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| Share Capital | •••• | •••• | •••• | •••• | •••• |
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| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
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Financial Ratios of Forthcode Technologies India Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -51.3% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -52.9% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
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| 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 Forthcode Technologies India are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Forthcode Technologies India Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Forthcode Technologies India Private Limited
Forthcode Technologies India Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at Forthcode Technologies India Private Limited
Employment history and EPFO contributions of people linked to Forthcode Technologies India.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Forthcode Technologies India Private Limited
Forthcode Technologies India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCF9953F1Z8 | Karnataka | Active | 10 Feb 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Forthcode Technologies India Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Forthcode Technologies India Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Forthcode Technologies India Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Forthcode Technologies India Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Forthcode Technologies India Private Limited
Frequently Asked Questions about Forthcode Technologies India Private Limited
Forthcode Technologies India is an active private limited company based in Bangalore North, Karnataka, India. The company works in saas (software as a service) providers, within the information technology industry. It was incorporated on 22 January 2020 (6+ years old) and is registered under CIN U72900KA2020PTC131847.
Forthcode Technologies India reported revenue of ₹1.98 Cr for FY 2025 (up 32% YoY).
Forthcode Technologies India has 3 current directors:
- Faiz Mohammed - Director
- Purnima Manhas - Director
- Ajith Kumar Balakumar - Director
Forthcode Technologies India reported a net loss of ₹1.05 Cr (net margin -52.9%) and EBITDA of -₹1.02 Cr (EBITDA margin -51.3%) for FY 2025, as per its filed financial statements.
The GSTIN of Forthcode Technologies India is 29AADCF9953F1Z8, registered in Karnataka.
The CIN (Corporate Identification Number) of Forthcode Technologies India is U72900KA2020PTC131847. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forthcode Technologies India was incorporated on 22 January 2020, making it 6+ years old. It is registered with the Registrar of Companies, Bangalore.
Yes, Forthcode Technologies India is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Forthcode Technologies India can be reached through the website forthcode.com. Its registered office is in Bangalore North, Karnataka, India.