About Forthright Assets Private Limited
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Forthright Assets Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the investment banking and advisory segment of the financial services sector. It was incorporated on 05 December 2016 and has been in existence for over 10 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2016PTC098251. Its GSTIN is 29AACCF9666Q2ZJ (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Forthright Advisory Private Limited. It is led by directors Rakesh Vaithianathan Ramasubramanian and Anitha Janakiraman.
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 No. 401 Vaishnavi Symphony Apts 6th Main 11th Cross Malleshwaram, Bangalore, Karnataka, India – 560003.
As per the financials filed for FY 2025, the company reported a revenue of ₹3.96 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹68.41 Lakh (net margin 17.3%) and EBITDA of ₹1.37 Cr (EBITDA margin 34.6%). Revenue has grown at a compounded annual rate (CAGR) of 16% over three years and 42% over five years.
As per MCA filings, the company has open charges of ₹30 Lakh on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forthrightadvisory.com.
Company details
Contact details
Forthright Assets Private Limited's registered office is in Bangalore, Karnataka. Its website is forthrightadvisory.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressNo. 401 Vaishnavi Symphony Apts 6th Main 11th Cross Malleshwaram, Bangalore, Karnataka, India – 560003
- IndustryFinancial Services, Investment Banking & Advisory
To see the full contact details of Forthright Assets Private Limited, buy the company report.
- 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
Business activity
The main business activity of Forthright Assets is financial and insurance service. In detail, this covers financial advisory, brokerage and consultancy services.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K7 | Financial Advisory, brokerage and Consultancy Services |
To see the full business activity and turnover split of Forthright Assets Private Limited, buy the company report.
Financials of Forthright Assets Private Limited
FY 2025 filings availableForthright Assets Private Limited reported revenue of ₹3.96 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 42% over five years, including 31% growth in the latest year. EBITDA rose 24% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.37 Cr | ||||
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| Net Profit (PAT) | ₹68.41 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA Margin | 34.6% | ||||
| Net Profit Margin | 17.3% | ||||
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To see the full financial statements and ratios of Forthright Assets Private Limited, buy the company report.
Board of directors of Forthright Assets Private Limited
Forthright Assets has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rakesh Vaithianathan Ramasubramanian | Director | 05 Dec 2016 | 9 Years 10 Months | Current |
| Anitha Janakiraman | Director | 05 Dec 2016 | 9 Years 10 Months | Current |
Peer comparison
Forthright Assets Private Limited is compared with the 3 companies closest to it by revenue in the BFSI industry (Investment Banking), with the same principal business activity (financial advisory, brokerage and consultancy services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kareena Shares and Stocks Private Limited | ₹4.52 Cr (FY 2024) | -58.0% | Rajkot, Gujarat, India | |||
| Forthright Assets Private Limitedthis company | ₹3.96 Cr (FY 2025) | ₹68.41 Lakh | 17.3% | 31.0% | Bangalore, Karnataka, India | |
| CVK Advisors Private Limited | ₹3.95 Cr (FY 2025) | -9.0% | Mumbai, Maharashtra, India | |||
| Akasam Consulting Private Limited | ₹3.82 Cr (FY 2024) | 45.0% | Hyderabad, Telangana, India |
To see the full peer comparison of Forthright Assets Private Limited, buy the company report.
Auditor
Forthright Assets Private Limited is audited by M KRISHNA & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M KRISHNA & CO | FY 2019 | 019359S |
Shareholding
The shareholding of Forthright Assets Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Forthright Assets Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Apr 2024 | 100903504 | Others | ₹30 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Forthright Assets 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
No delayed payments to MSME suppliers are on our record for Forthright Assets Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Forthright Assets has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCF9666Q2ZJ | Karnataka | Active | 17 Jul 2017 |
To see the full GST registrations and return filing status of Forthright Assets Private Limited, buy the company report.
Recent activity
Forthright Assets Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Anitha Janakiraman was appointed as Director on 05 Dec 2016.
Frequently asked questions
Forthright Assets is an active private limited company based in Bangalore, Karnataka, India. The company works in investment banking and advisory, within the financial services industry. It was incorporated on 05 December 2016 (10+ years old) and is registered under CIN U74999KA2016PTC098251.
Forthright Assets has 2 current directors:
- Rakesh Vaithianathan Ramasubramanian - Director
- Anitha Janakiraman - Director
The latest financial statements of Forthright Assets on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Forthright Assets is 29AACCF9666Q2ZJ, registered in Karnataka. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Forthright Assets is U74999KA2016PTC098251. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forthright Assets was incorporated on 05 December 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Forthright Assets by revenue are Kareena Shares and Stocks Private Limited, CVK Advisors Private Limited, Akasam Consulting Private Limited, all in the BFSI industry (Investment Banking), with the same principal business activity (financial advisory, brokerage and consultancy services).
Anitha Janakiraman was appointed as Director on 05 Dec 2016. Rakesh Vaithianathan Ramasubramanian was appointed as Director on 05 Dec 2016.
Forthright Assets can be reached through the website forthrightadvisory.com. Its registered office is in Bangalore, Karnataka, India.
The registered office of Forthright Assets is at No. 401 Vaishnavi Symphony Apts 6th Main 11th Cross Malleshwaram, Bangalore, Karnataka, India – 560003.
Forthright Assets operates in the financial services industry, in the investment banking and advisory segment.
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