Forum IT Parks Private Limited
About Forum IT Parks Private Limited
Data last updated:
Forum IT Parks Private Limited was a private limited company based in Kolkata, West Bengal, India, operated as a subsidiary of Forum Project Holdings Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the road and bridge construction segment of the infrastructure and utilities sector. It was incorporated on 26 March 2007.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U45400WB2007PTC114605. Its GSTIN is 19AABCF0730C2Z7 (West Bengal). The company held 2 GST registrations, of which 1 is active.
The company had an authorised share capital of ₹58 Cr and a paid-up capital of ₹56.33 Cr. It was led by directors Nirmal Kumar Lunawat (Managing Director) and Rajesh Sharma.
Its last annual general meeting (AGM) was held on 29 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at 4/1 Red Cross Place 3rd Floor, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2021, the company reported a revenue of ₹10.86 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹65.83 Lakh and EBITDA of -₹1.57 Lakh (EBITDA margin -14.5%). Revenue has grown at a compounded annual rate (CAGR) of 162% over three years and 82% over five years.
The company was associated with 1 brand: Forum Projects. As per MCA filings, the company had satisfied charges of ₹60.07 Cr on record. The company has 13 deals on record (7 secondary share transfers, 5 funding rounds, 1 acquisition), with disclosed funding of ₹152.35 Cr; the latest was in December 2017.
Company details
Contact details
Forum IT Parks Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address4/1 Red Cross Place 3rd Floor, Kolkata, West Bengal, India – 700001
- IndustryInfrastructure and Utilities, Road & Bridge Construction
To see the full contact details of Forum IT Parks 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
Brands
Forum IT Parks operates one associated brand: Forum Projects. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Mall infrastructure development is undertaken by Forum Projects in India. | forumprojects.in |
Business activity
The main business activity of Forum IT Parks is construction. In detail, this covers buildings.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| F | Construction | F1 | Buildings |
Financials of Forum IT Parks Private Limited
FY 2021 filings availableForum IT Parks Private Limited reported revenue of ₹10.86 Lakh (up 350% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 82% over five years, including 350% growth in the latest year. EBITDA rose 89% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹1.57 Lakh | ||||
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| Net Profit (PAT) | -₹65.83 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA Margin | -14.5% | ||||
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To see the full financial statements and ratios of Forum IT Parks Private Limited, buy the company report.
Board of directors of Forum IT Parks Private Limited
Forum IT Parks has 2 current directors and 14 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Sharma | Director | 05 Apr 2010 | 16 Years 6 Months | As last reported |
| Nirmal Kumar Lunawat Also directs: Chirag Merchants Pvt Ltd, Kolkata IT Park Association | Managing Director | 20 Nov 2007 | 18 Years 11 Months | As last reported |
Auditor
Forum IT Parks Private Limited is audited by L B JHA & CO for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| L B JHA & CO | FY 2016 | 301088E |
Shareholding
The shareholding of Forum IT Parks Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Forum IT Parks Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Aug 2010 | 10235729 | Central Bank of India | ₹60.07 Cr | Satisfied |
To see the full charge records of Forum IT Parks Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Forum IT Parks Private Limited has 13 deals on record (7 secondary share transfers, 5 funding rounds, 1 acquisition), with disclosed funding of ₹152.35 Cr; the latest was in December 2017.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2017 | Secondary share transfer | Undisclosed | Buyer: Forum Project Holdings Private Limited Seller: K2B Commercial Limited |
| Nov 2017 | Secondary share transfer | Undisclosed | Buyer: Forum Projects Private Limited Seller: K2B Commercial Limited |
| Mar 2017 | Secondary share transfer | Undisclosed | Seller: 4 individuals |
| May 2016 | Secondary share transfer | Undisclosed | Buyer: Forum Project Holdings Private Limited Seller: K2B Commercial Limited |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Sankalp Vincom Private Limited , Crystal Vintrade Private Limited , Rose Goods Private Limited Seller: Saraf Agencies Private Limited |
To see the full deal history of Forum IT Parks Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Forum IT Parks 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 Forum IT Parks Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Forum IT Parks has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCF0730C2Z7 | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Forum IT Parks Private Limited, buy the company report.
Recent activity
Forum IT Parks Private Limited has 15 board changes on record since 2007: 2 appointments and 13 cessations. The latest: Shweta Bhamare ceased to be Company Secretary on 18 Jan 2022.
9 earlier events are in the company report.
Frequently asked questions
Forum IT Parks has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Forum IT Parks was a private limited company based in Kolkata, West Bengal, India. The company worked in road and bridge construction, within the infrastructure and utilities industry. It was incorporated on 26 March 2007 and is registered under CIN U45400WB2007PTC114605. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Forum IT Parks was incorporated on 26 March 2007. It is registered with the Registrar of Companies, Kolkata.
Forum IT Parks had 2 directors:
- Nirmal Kumar Lunawat - Managing Director
- Rajesh Sharma - Director
The CIN (Corporate Identification Number) of Forum IT Parks is U45400WB2007PTC114605. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Forum IT Parks is at 41 Red Cross Place 3rd Floor, Kolkata, West Bengal, India – 700001.
The latest financial statements of Forum IT Parks on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 29 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Forum IT Parks is 19AABCF0730C2Z7, registered in West Bengal. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
Forum IT Parks operated in the infrastructure and utilities industry, in the road and bridge construction segment.
Forum IT Parks has 13 deals on record (7 secondary share transfers, 5 funding rounds, 1 acquisition), with disclosed funding of ₹152.35 Cr; the latest was in December 2017.
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