Fortrea Development India Private Limited Company Logo

Fortrea Development India Private Limited - Company Profile

It is a pharma private limited company based in Bangalore North, Karnataka, India, established in 2007.

2007 | Bangalore North, Karnataka, India | Active
Last Updated:

About Fortrea Development India Private Limited

Fortrea Development India Private Limited, a active private limited company, was established on 10 July 2007 in Bangalore North, Karnataka, India. Engaging in pharma contract r&d within the professional, scientific and technical sector, it holds CIN: U74999KA2007PTC190095. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹1.00 M and a paid-up capital of ₹0.51 M.

Formerly known as Labcorp Drug Development Private Limited, Labcorp Drug Development India Private Limited. It upholds a compliant status. Employing 3,153 professional, Its leadership includes David Howard Cooper (Director), Rangarajan Narasimhan (Director), Rishi Raj Sharma (Director). Past directors included David Howard Cooper, Stephen Notaro John, Sanish Davis. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at No. 29, Msr Vaishnavi,, Union Street, Off Cubbon Road,, Bangalore North, Karnataka, 560001.

Company Details

  • CIN/LLPIN

    U74999KA2007PTC190095

  • Registration Number

    190095

  • Incorporation Date

    10 July 2007

  • Authorized Capital

    ₹1.00 M

  • Paid-Up Capital

    ₹0.51 M

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.51 M
  • Company Age 18 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 21.40%
  • Profit Growth 83.76%
  • Ebitda 34.89%
  • Net Worth 54.71%
  • Total Assets 33.15%
Company report

Fortrea Development India Private Limited

Company Report FY 2025-2026

Explore comprehensive insights into Fortrea Development India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Fortrea Development India Private Limited?

Current Directors

NameDesignationAppointment DateStatus
David Howard CooperDirector30 Jun 2023Current
Rangarajan NarasimhanDirector24 Jul 2020Current
Rishi Raj SharmaDirector11 Sep 2023Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director25 Sep 2023Past
Pramod AbcsddAdditional Director29 Sep 2018Past
Pramod AbcsddDirector23 Dec 2017Past
Pramod AbcsddAdditional Director29 Aug 2022Past
Pramod AbcsddDirector31 Mar 2017Past
Pramod AbcsddAdditional Director24 Sep 2020Past

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Financial Performance of Fortrea Development India.

Fortrea Development India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 21.4% increase. The company also saw a substantial improvement in profitability, with a 83.76% increase in profit. The company's net worth Soared by an impressive increase of 54.71%.

Fortrea Development India revenue growth over time
Fortrea Development India profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
21.40%
Revenue from Operations
21.24%
Total Assets
33.15%
Profit or Loss
83.76%
Net Worth
54.71%
EBITDA
34.89%

What is the Ownership and Shareholding Structure of Fortrea Development India?

In 2023, Fortrea Development India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

There are no open charges registered against the company as per our records.

How Many Employees Work at Fortrea Development India?

Fortrea Development India has a workforce of 3153 employees as of Apr 02, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Fortrea Development India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fortrea Development India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Fortrea Development India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Fortrea Development India

Recent Activity within the Organization

  • Annual General Meeting

    The activity Fortrea Development India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Fortrea Development India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore. was documented.

  • Director Appointment

    The activity Rishi Raj Sharma was appointed as a Director was appointed as a Director on 11 Sep 2023 & has been associated with this company since 2 years 2 months . was completed.

  • Director Appointment

    Progress on David Howard Cooper was appointed as a Director was appointed as a Director on 30 Jun 2023 & has been associated with this company since 2 years 5 months . was documented.

  • Director Appointment

    Rangarajan Narasimhan was appointed as a Director was appointed as a Director on 24 Jul 2020 & has been associated with this company since 5 years 4 months . was recorded as a recent event.

  • Company Incorporation

    Fortrea Development India Private Limited was registered on 10 Jul 2007 with Roc Bangalore & aged 18 years 4 months as per MCA records. was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Fortrea Development India Private Limited?

    The CIN of Fortrea Development India Private Limited is U74999KA2007PTC190095.

  • Where is Fortrea Development India Private Limited headquartered?

    Fortrea Development India Private Limited is headquartered at No. 29, Msr Vaishnavi,, Union Street, Off Cubbon Road,, Bangalore North, Karnataka, 560001.

  • When was Fortrea Development India Private Limited incorporated?

    Fortrea Development India Private Limited was incorporated on 10 July 2007.

  • Who are the current directors of Fortrea Development India Private Limited?

    The current directors of Fortrea Development India Private Limited are

  • What is the primary industry of Fortrea Development India Private Limited?

    The primary industry of Fortrea Development India Private Limited is Professional, Scientific And Technical.

  • Is Fortrea Development India Private Limited a listed company?

    Fortrea Development India Private Limited is unlisted.

  • What is the capital structure of Fortrea Development India Private Limited?

    The authorized capital of Fortrea Development India Private Limited is ₹1.00 M, and the paid-up capital is ₹0.51 M.

  • What is the compliance status of Fortrea Development India Private Limited?

    The compliance status of Fortrea Development India Private Limited is Compliant.

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