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:
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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), Rishi Raj Sharma (Director), Hufriz Kaiky Karkaria (Additional Director). Past directors included David Howard Cooper, Stephen Notaro John, Sanish Davis. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at Sattva Knowledge Court, 2Nd Floor, Wing B, Plot No.9, Katha No. 299, Sy. No.77,, Doddenakkundi Phase I Industrial Area, Whitefield Road,, Bangalore North, Karnataka, 560048.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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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 Metrics
  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.51 M
  • Company Age 18 Year, 7 Months
  • Last Filing with ROC 31 Mar 2025
  • 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

Comprehensive Company Insights

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
Name Designation Appointment Date Status
David Howard Cooper Director 30 Jun 2023 Current
Rishi Raj Sharma Director 11 Sep 2023 Current
Hufriz Kaiky Karkaria Additional Director 09 Jan 2026 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 25 Sep 2023 Past
Pramod Abcsdd Additional Director 29 Sep 2018 Past
Pramod Abcsdd Director 23 Dec 2017 Past
Pramod Abcsdd Additional Director 29 Aug 2022 Past
Pramod Abcsdd Director 31 Mar 2017 Past
Pramod Abcsdd Additional Director 24 Sep 2020 Past

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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
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • 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
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 21.40%
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Revenue from Operations
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 21.24%
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Total Assets
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 33.15%
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Profit or Loss
*******
 83.76%
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Net Worth
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 54.71%
*******
*******
*******
*******
EBITDA
*******
 34.89%
*******
*******
*******
*******

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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 Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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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 Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
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

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Alerts
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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.

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Latest Updates, News, and FAQs on Fortrea Development India
Recent Activity within the Organization
  • Director Appointment

    Progress on Hufriz Kaiky Karkaria was appointed as a Additional Director was appointed as a Additional Director on 09 Jan 2026 & has been associated with this company since 1 month 1 day . was documented.

  • Annual General Meeting

    Progress on Fortrea Development India Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Fortrea Development India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was recorded as a recent event.

  • Director Appointment

    Progress on 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 5 months . was documented.

  • 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 7 months . was documented.

  • Company Incorporation

    The activity Fortrea Development India Private Limited was registered on 10 Jul 2007 with Roc Bangalore & aged 18 years 7 months as per MCA records. was completed.

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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 Sattva Knowledge Court, 2Nd Floor, Wing B, Plot No.9, Katha No. 299, Sy. No.77,, Doddenakkundi Phase I Industrial Area, Whitefield Road,, Bangalore North, Karnataka, 560048.

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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