MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-KR-03-0011649
Fortigo Network Logistics Private Limited - printing & publishing in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2022
₹58.99 Cr
▲ 7% YoY
Net loss · FY 2022
₹14.37 Cr
Net margin -24.4%
EBITDA · FY 2022
-₹9.53 Cr
EBITDA margin -16.2%
Authorised capital
₹1.38 Cr
Registered with MCA
Paid-up capital
₹12.43 Lakh
Issued & subscribed
Open charges
₹15.31 Cr
Satisfied ₹86.77 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
18
Provident fund records
About Fortigo Network Logistics Private Limited
Data last updated:
Fortigo Network Logistics Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the publishing segment of the printing and publishing sector. It was incorporated on 09 September 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U72200KA2015PTC082767. Its GSTIN is 29AACCF6637K1Z7 (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.38 Cr and a paid-up capital of ₹12.43 Lakh. It is led by directors Reddappa and Ramakrishnan Sathish.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at No 252 14th A Cross Road, Bangalore North Bangalore Karnataka India560064, Karnataka, India – 560064.
As per the financials filed for FY 2022, the company reported a revenue of ₹58.99 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net loss of ₹14.37 Cr (net margin -24.4%) and EBITDA of -₹9.53 Cr (EBITDA margin -16.2%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 143% over five years.
The company has about 18 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: 4TiGO. As per MCA filings, the company has open charges of ₹15.31 Cr and satisfied charges of ₹86.77 Cr on record. Court records list 5 cases involving the company, including 4 filed by the company and 1 filed against it. The company has 5 deals on record (5 funding rounds), with disclosed funding of ₹118.81 Cr; the latest was in June 2020. Its 10 peer companies in the Ecommerce and Internet industry (Online Service Providers) are compared by revenue, 5 larger and 5 smaller; the largest is Refyne Tech Private Limited with revenue of ₹88.94 Cr.
Fortigo Network Logistics Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0011649). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website 4tigo.com.
Company Details of Fortigo Network Logistics Private Limited
CIN U72200KA2015PTC082767
Registration Number 082767
Incorporation Date 09 September 2015
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-KR-03-0011649
Key People
Reddappa Director Ramakrishnan Sathish Director Recognitions & Rankings of Fortigo Network Logistics
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNo 252 14th A Cross Road, Bangalore North Bangalore Karnataka India560064, Karnataka, India – 560064
- IndustryPrinting & Publishing, Publishing, Software, Application Software, System Software, Games
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Business Activity of Fortigo Network Logistics Private Limited
The main business activities of Fortigo Network Logistics are information and communication and transport and storage. In detail, this covers publishing of computer operating systems, system software, application software, games, etc. and land transport via road. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
| H | Transport and storage | H1 | Land Transport via Road | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Fortigo Network Logistics Private Limited FY 2023 filings available
Fortigo Network Logistics Private Limited reported revenue of ₹58.99 Cr (up 7% YoY) for FY 2022.
Revenue · FY 2022
₹58.99 Cr ▲ 7%
Net loss · FY 2022
₹14.37 Cr margin -24.4%
EBITDA · FY 2022
-₹9.53 Cr margin -16.2%
Compounded Annual Growth Rate (CAGR) of Fortigo Network Logistics Private Limited
Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 9%
5 years · compounded
▲ 143%
EBITDA CAGR growth
1 year
▲ 65%
3 years · compounded
▼ 2%
5 years · compounded
▼ 8%
Revenue has grown at a compounded annual rate (CAGR) of 143% over five years, including 7% growth in the latest year. EBITDA rose 65% 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 of Fortigo Network Logistics Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹58.99 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹9.53 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹14.37 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 of Fortigo Network Logistics Private Limited
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -16.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -24.4% | •••• | •••• | •••• | •••• |
| 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 Fortigo Network Logistics are in the company report.
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Financial statements from FY 2016
Earlier years and trend charts are in the company report.
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Board of Directors of Fortigo Network Logistics Private Limited
Fortigo Network Logistics has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Reddappa Also directs: Herbaceous Retail Private Limited, Fingerprints Fashions Private Limited, Fortigo Transport Agency Private Limited and 5 more | Director | 30 Aug 2024 | 2 Years 1 Months | Current |
| Ramakrishnan Sathish Also directs: Herbaceous Retail Private Limited, Fingerprints Fashions Private Limited, Redkiwi Vehicles Private Limited and 5 more | Director | 30 Aug 2024 | 2 Years 1 Months | Current |
Peer Comparison of Fortigo Network Logistics Private Limited
Fortigo Network Logistics Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Online Service Providers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Refyne Tech Private Limited | ₹88.94 Cr (FY 2025) | •••• | •••• | 49.0% | •••• | Chennai, Tamil Nadu, India |
| J.T.N. Services Private Limited | ₹86.94 Cr (FY 2025) | •••• | •••• | 17.0% | •••• | Kanpur, Uttar Pradesh, India |
| Grey Swift Private Limited | ₹86.58 Cr (FY 2025) | •••• | •••• | 30.0% | •••• | Gurugram, Haryana, India |
| Bfast Multi Recharge Services Private Limited | ₹85.92 Cr (FY 2022) | •••• | •••• | 258.0% | •••• | Nazira, Assam, India |
| Tobox Ventures Private Limited | ₹84.79 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Bangalore, Karnataka, India |
| Sahaj Retail Limited | ₹83.59 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Kolkata, West Bengal, India |
| Wwstay Services India Private Limited | ₹83.47 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | Bangalore, Karnataka, India |
| Ignitium Services Private Limited | ₹83.01 Cr (FY 2024) | •••• | •••• | 0.0% | •••• | Hyderabad, Telangana, India |
| Nasadiya Technologies Private Limited | ₹82.65 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Bangalore, Karnataka, India |
| Eatgood Technologies Private Limited | ₹82.01 Cr (FY 2025) | •••• | •••• | 26.0% | •••• | Bengaluru, Karnataka, India |
| Fortigo Network Logistics Private Limited this company | ₹58.99 Cr (FY 2022) | •••• | •••• | 7.0% | •••• | Bangalore, Karnataka, India |
Peers are the five companies nearest above and the five nearest below Fortigo Network Logistics by revenue in the Ecommerce and Internet industry (Online Service Providers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Fortigo Network Logistics Private Limited
Fortigo Network Logistics Private Limited is audited by Venkatesh Bhaskar & Associates for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Venkatesh Bhaskar & Associates | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Fortigo Network Logistics Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Fortigo Network Logistics Private Limited
Open charges
₹15.31 Cr
Satisfied charges
₹86.77 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 May 2022 | Others | ₹10.62 Lakh | Open |
| 09 Sep 2020 | Others | ₹15.2 Cr | Open |
| 28 Oct 2022 | Others | ₹23 Cr | Satisfied |
| 22 Mar 2022 | Others | ₹1.22 Cr | Satisfied |
| 24 May 2021 | Axis Bank Limited | ₹10 Cr | Satisfied |
Total charge records: 12 View all charges
Deals & Funding of Fortigo Network Logistics Private Limited
Fortigo Network Logistics Private Limited has 5 deals on record (5 funding rounds), with disclosed funding of ₹118.81 Cr; the latest was in June 2020.
Total deals
5
Funding rounds
5
Disclosed funding
₹118.81 Cr
Deals on record (3 of 5)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2020 | Funding round · Series B | ₹22 Cr | Investors: Pratithi Investments, NRJN Family Trust, Accel India |
| Feb 2017 | Funding round · Series A | ₹26.9 Cr | Investors: Accel India, NRJN Family Trust |
| Oct 2015 | Funding round · Seed | ₹12.9 Cr | Investors: Accel India, 3 individuals |
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Full deal history
All 5 deals with amounts, valuations, instruments and every party are in the company report.
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Fortigo Network Logistics Private Limited
Fortigo Network Logistics Private Limited has 5 court cases on record: 4 filed by Fortigo Network Logistics, 1 filed against it. All cases are disposed. Status as checked between 03 Oct 2026 and 04 Oct 2026.
Total cases
5
Filed by the company
4
Filed against the company
1
Disposed
5
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 1 | 0 |
Cases on record (3 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against International Print-O-Pac Limited | Disposed |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against International Print-O-Pac Limited | Disposed |
| District court, West, Delhi | Civil suit | Filed against the company by an individual | Disposed |
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Full case history
All 5 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Fortigo Network Logistics Private Limited
Fortigo Network Logistics Private Limited has a workforce of 18 employees as of Feb 25, 2026.
Employee count
18
Active EPFO establishments
1
Employee growth
-77.5%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Group Structure of Fortigo Network Logistics Private Limited
Fortigo Network Logistics has 4 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
4
Subsidiary companies
Key Subsidiaries
| Company Name | CIN | Shares Held |
|---|---|---|
| Fortigo Transport Agency Private Limited | U60221KA2018PTC112639 | Locked |
| Fortigo Network Finance Private Limited | U65990KA2018PTC118147 | Locked |
| Trucknet Digital Technologies Private Limited | U72900KA2017PTC101621 | Locked |
| Fortigo Network Foundation | U85100KA2019NPL124965 | Locked |
Showing major subsidiaries. Total: 4.
Recent Activity on Fortigo Network Logistics Private Limited
Fortigo Network Logistics Private Limited has 5 board changes on record since 2024: 2 appointments and 3 cessations. The latest: Anjani Mandal ceased to be Director on 31 Aug 2024.
Charges
A charge registered on 22 Mar 2022 via Charge ID 100571823 with Others was fully satisfied on 18 Feb 2025.
Ceased
Anjani Mandal ceased to be Director.
Ceased
Vivek Malhotra ceased to be Director.
Appointed
Ramakrishnan Sathish was appointed as Director.
Appointed
Reddappa was appointed as Director.
Ceased
Subrata Mitra ceased to be Nominee Director.
Charges
A charge registered on 28 Oct 2022 via Charge ID 100624154 with Others was fully satisfied on 21 Mar 2024.
AGM
Fortigo Network Logistics Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
Filing
Fortigo Network Logistics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
Charges
A charge registered on 15 Mar 2021 via Charge ID 100426381 with Axis Bank Limited was fully satisfied on 02 Dec 2022.
Charges
A charge registered on 09 Sep 2020 via Charge ID 100393075 with Others was fully satisfied on 03 Nov 2022.
Charges
A charge with Others amounted to Rs. 23.00 Cr with Charge ID 100624154 was registered on 28 Oct 2022.
20 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Fortigo Network Logistics Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Fortigo Network Logistics Private Limited
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Subsidiaries & Group Companies of Fortigo Network Logistics Private Limited
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Corporate group structure
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GST Compliance of Fortigo Network Logistics Private Limited
Fortigo Network Logistics has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCF6637K1Z7 | Karnataka | Active | 01 Jul 2017 |
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MCA Filings & Documents of Fortigo Network Logistics Private Limited
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Related news about Fortigo Network Logistics Private Limited
Frequently Asked Questions about Fortigo Network Logistics Private Limited
Fortigo Network Logistics is an active private limited company based in Bangalore, Karnataka, India. The company works in publishing, within the printing and publishing industry. It was incorporated on 09 September 2015 (11+ years old) and is registered under CIN U72200KA2015PTC082767.
Fortigo Network Logistics reported revenue of ₹58.99 Cr for FY 2022 (up 7% YoY).
Fortigo Network Logistics has 2 current directors:
- Reddappa - Director
- Ramakrishnan Sathish - Director
Fortigo Network Logistics reported a net loss of ₹14.37 Cr (net margin -24.4%) and EBITDA of -₹9.53 Cr (EBITDA margin -16.2%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Fortigo Network Logistics is 9% over three years and 143% over five years. In the latest year (FY 2022) revenue rose 7%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Fortigo Network Logistics is 29AACCF6637K1Z7, 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 Fortigo Network Logistics is U72200KA2015PTC082767. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Fortigo Network Logistics has 5 court cases on record: 4 filed by the company and 1 filed against it.
Fortigo Network Logistics was incorporated on 09 September 2015, making it 11+ years old. It is registered with the Registrar of Companies, Bangalore.
Fortigo Network Logistics has 5 deals on record (5 funding rounds), with disclosed funding of ₹118.81 Cr; the latest was in June 2020.
The peers of Fortigo Network Logistics by revenue are Refyne Tech Private Limited, J.T.N. Services Private Limited, Grey Swift Private Limited, Bfast Multi Recharge Services Private Limited, Tobox Ventures Private Limited and 5 more, all in the Ecommerce and Internet industry (Online Service Providers).