MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-WB-10-0068825
Forum Project Holdings Private Limited - real estate and construction in Kolkata, West Bengal, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹55.88 Cr
▲ 49% YoY
Net profit · FY 2024
₹3.11 Cr
Net margin 5.6%
EBITDA · FY 2024
₹27.67 Cr
EBITDA margin 49.5%
Authorised capital
₹66 Cr
Registered with MCA
Paid-up capital
₹4 Cr
Issued & subscribed
Open charges
₹316.82 Cr
Satisfied ₹1,439.79 Cr
Company age
39 yrs
Est. 1987
Directors on board
5
As per MCA filings
About Forum Project Holdings Private Limited
Data last updated:
Forum Project Holdings Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 17 September 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U80221WB1987PTC043014. Its GSTIN is 19AADCP4295L2ZS (West Bengal). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹66 Cr and a paid-up capital of ₹4 Cr. It was formerly known as Forum Project Holdings Limited and Phoenix Software Private Ltd. It is led by directors including Rahul Saraf and Raghav Todi.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹55.88 Cr, a growth of 49% compared to the previous year. For the same year it recorded a net profit of ₹3.11 Cr (net margin 5.6%) and EBITDA of ₹27.67 Cr (EBITDA margin 49.5%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 6% over five years.
Its group structure includes 3 subsidiaries.
The company is associated with 1 brand: Forum Projects. As per MCA filings, the company has open charges of ₹316.82 Cr and satisfied charges of ₹1,439.79 Cr on record. Court records list 12 cases involving the company, including 6 filed by the company and 6 filed against it; 5 cases are pending. The company has 9 deals on record (8 secondary share transfers, 1 funding round), with disclosed funding of ₹55.18 Cr; the latest was in March 2022. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 1 larger and 3 smaller; the largest is Shree Ganesh Buildcon Private Limited with revenue of ₹55.95 Cr.
Forum Project Holdings Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0068825). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forumprojects.in.
Company details
CIN U80221WB1987PTC043014
Registration Number 043014
Incorporation Date 17 September 1987
ROC Kolkata
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-WB-10-0068825
Name history
Forum Project Holdings has undergone 6 name changes throughout its history. The current legal name is Forum Project Holdings Private Limited.
| Company Name | Status |
|---|---|
| Forum Project Holdings Private Limited | Current |
| Forum Project Holdings Limited | Previous |
| Phoenix Software Private Ltd | Previous |
| Dps Software Ltd | Previous |
| Forum Project Holdings Limited | Previous |
| Phoenix Software Private Ltd | Previous |
| Phoenix Software Ltd | Previous |
CIN history
Forum Project Holdings has one previous CIN (Corporate Identification Number): U80221WB1987PLC043014. The current CIN is U80221WB1987PTC043014, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U80221WB1987PTC043014 | Current |
| U80221WB1987PLC043014 | Previous |
Recognitions & Rankings of Forum Project Holdings
Contact details
Forum Project Holdings Private Limited's registered office is in Kolkata, West Bengal. Its website is forumprojects.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressTechnopolisplotnobp – 4 1 Stfloor Sector – V Saltl, Ake, Kolkata, West Bengal, India – 700091
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Forum Project Holdings Private Limited, buy the company report.
Comprehensive company report
Forum Project Holdings Private Limited - one report that includes everything
- 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
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Brands
Forum Project Holdings 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 Project Holdings is real estate. In detail, this covers real estate activities with own or leased property.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Forum Project Holdings Private Limited, buy the company report.
Financials of Forum Project Holdings Private Limited
FY 2024 filings availableForum Project Holdings Private Limited reported revenue of ₹55.88 Cr (up 49% YoY) for FY 2024.
Revenue · FY 2024
₹55.88 Cr ▲ 49%
Net profit · FY 2024
₹3.11 Cr margin 5.6%
EBITDA · FY 2024
₹27.67 Cr margin 49.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 49%
3 years · compounded
▲ 10%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 25%
3 years · compounded
▲ 6%
5 years · compounded
▲ 3%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 49% growth in the latest year. EBITDA rose 25% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
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| Total Expenses | |||||
| EBITDA | ₹27.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹3.11 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 49.5% | ||||
| Net Profit Margin | 5.6% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Forum Project Holdings Private Limited, buy the company report.
Board of directors of Forum Project Holdings Private Limited
Forum Project Holdings has 5 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Saraf Also directs: Titanium Mineral Products Limited, Hind Ceramics Pvt. Ltd, Saraf Agencies Private Limited and 5 more | Director | 02 Apr 2018 | 8 Years 7 Months | Current |
| Raghav Todi Also directs: Hind Ceramics Pvt. Ltd, Forum Homes Private Limited, Forum Riviera Constructions Private Limited and 5 more | Director | 28 Oct 2020 | 6 Years 0 Months | Current |
| Ujjal | Director | 01 Jan 2012 | 14 Years 10 Months | Current |
| Ajay Kumar Agarwal Also directs: Hind Ceramics Pvt. Ltd, Forum Riviera Constructions Private Limited, Forum Shopping Mall Private Limited and 5 more | Director | 28 Oct 2020 | 6 Years 0 Months | Current |
| Vidyut Saraf Also directs: Hind Ceramics Pvt. Ltd, Saraf Agencies Private Limited, Forum Infrastructure Private Limited and 5 more | Director | 01 Aug 2023 | 3 Years 3 Months | Current |
Peer comparison
Forum Project Holdings Private Limited is compared with the 4 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shree Ganesh Buildcon Private Limited | ₹55.95 Cr (FY 2025) | -3.0% | Cuttack, Odisha, India | |||
| Forum Project Holdings Private Limitedthis company | ₹55.88 Cr (FY 2024) | ₹3.11 Cr | 5.6% | 49.0% | Kolkata, West Bengal, India | |
| Lebnitze Real Estates Private Limited | ₹55.81 Cr (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Abi Estates Private Limited | ₹55.73 Cr (FY 2025) | 70.0% | Chennai, Tamil Nadu, India | |||
| Endure Realty Private Limited | ₹55.68 Cr (FY 2025) | -46.0% | New Delhi, Delhi, India |
To see the full peer comparison of Forum Project Holdings Private Limited, buy the company report.
Auditor
Forum Project Holdings Private Limited is audited by R.K. PATODI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.K. PATODI & CO. | FY 2023 | 305091E |
Shareholding
The shareholding of Forum Project Holdings Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Forum Project Holdings Private Limited, buy the company report.
Charges & borrowings
Open charges
₹316.82 Cr
Satisfied charges
₹1,439.79 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Sep 2024 | 100977562 | Others | ₹246.82 Cr | Open | |
| 14 Jun 2017 | 100109544 | Others | ₹70 Cr | Open | |
| 30 Mar 2023 | 100696967 | Indian Bank | ₹190 Cr | Satisfied | |
| 01 Sep 2017 | 100120684 | Others | ₹190 Cr | Satisfied | |
| 18 Mar 2014 | 10487807 | Axis Finance Limited | ₹25 Cr | Satisfied |
To see the full charge records of Forum Project Holdings Private Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
Forum Project Holdings Private Limited has 9 deals on record (8 secondary share transfers, 1 funding round), with disclosed funding of ₹55.18 Cr; the latest was in March 2022.
Total deals
9
Secondary share transfers
8
Funding round
1
Disclosed funding
₹55.18 Cr
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: Multiplex Equipments & Services Private Limited Seller: an individual |
| Nov 2015 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Multiplex Equipments & Services Private Limited |
| Jan 2013 | Secondary share transfer | Undisclosed | Buyer: Multiplex Equipments & Services Private Limited Seller: an individual |
| Aug 2011 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Bestlite Mercantile Private Limited |
| Feb 2007 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Heilgers Private Limited , Hind Ceramics Pvt. Ltd |
To see the full deal history of Forum Project Holdings 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
Forum Project Holdings Private Limited has 12 court cases on record: 6 filed by Forum Project Holdings, 6 filed against it. 5 cases are pending and 7 are disposed.
Total cases
12
Filed by the company
6
Filed against the company
6
Pending
5
Disposed
7
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 2 | 2 |
| District courts | 5 | 4 | 3 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North Twenty Four Parganas, West Bengal | Court case (TS (Com)) | Filed against the company by Virambica Advisory Private Limited | Pending |
| District court, North Twenty Four Parganas, West Bengal | Court case (TS (Com)) | Filed against the company by SNS Minerals Private Limited | Pending |
| District court, North Twenty Four Parganas, West Bengal | Court case (MS (Com)) | Filed by the company against Blue Star Limited | Pending |
| High Court, West Bengal | Arbitration matter | Filed against the company by Tata Consultancy Services Ltd Victor Moses and Co | Disposed |
| High Court, West Bengal | Arbitration matter | Filed by the company against Tata Consultancy Services Limited | Disposed |
To see the full case history of Forum Project Holdings Private Limited, buy the company report.
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.
Credit ratings & regulatory alerts
Forum Project Holdings Private Limited was last rated by Care on 06 Aug 2025.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Aug 2025 |
To see the full credit ratings and regulatory alerts of Forum Project Holdings Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Forum Project Holdings Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Forum Project Holdings has 3 subsidiary companies and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
3
Subsidiary companies
2
Associated companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| Forum Riviera Constructions Private Limited | U45400WB2008PTC124817 | |
| Ra Superstructures Private Limited | U70102MH2015PTC268653 | |
| Forum Projects Private Limited | U70109WB1981PTC033872 |
To see the full group structure of Forum Project Holdings Private Limited, buy the company report.
GST
Forum Project Holdings has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCP4295L2ZS | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Forum Project Holdings Private Limited, buy the company report.
Recent activity
Forum Project Holdings Private Limited has 15 board changes on record since 2010: 5 appointments and 10 cessations. The latest: Vidyut Saraf was appointed as Director on 01 Aug 2023.
AGM
Forum Project Holdings Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Others of Rs. 246.82 Cr registered on 17 Sep 2024 with Charge ID 100977562 was modified on 20 Sep 2025.
Charges
A charge registered on 30 Mar 2023 via Charge ID 100696967 with Indian Bank was fully satisfied on 24 Sep 2024.
Charges
A charge with Others amounted to Rs. 246.82 Cr with Charge ID 100977562 was registered on 17 Sep 2024.
Filing
Forum Project Holdings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata I.
Appointed
Vidyut Saraf was appointed as Director.
Charges
A charge with Indian Bank of Rs. 190.00 Cr registered on 30 Mar 2023 with Charge ID 100696967 was modified on 13 Apr 2023.
Charges
A charge registered on 01 Sep 2017 via Charge ID 100120684 with Others was fully satisfied on 12 Apr 2023.
Charges
A charge with Indian Bank amounted to Rs. 190.00 Cr with Charge ID 100696967 was registered on 30 Mar 2023.
Ceased
Ajay Kumar Agarwal ceased to be Additional Director.
Ceased
Raghav Todi ceased to be Additional Director.
Appointed
Ajay Kumar Agarwal was appointed as Director.
45 earlier events are in the company report.
Frequently asked questions
Forum Project Holdings is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 17 September 1987 (39+ years old) and is registered under CIN U80221WB1987PTC043014.
Forum Project Holdings has 5 current directors:
- Rahul Saraf - Director
- Raghav Todi - Director
- Ujjal - Director
- Ajay Kumar Agarwal - Director
- Vidyut Saraf - Director
The latest financial statements of Forum Project Holdings on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Forum Project Holdings is 19AADCP4295L2ZS, registered in West Bengal. 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 Forum Project Holdings is U80221WB1987PTC043014. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forum Project Holdings has 12 court cases on record: 6 filed by the company and 6 filed against it. 5 are pending. Most are in the high courts.
Forum Project Holdings was incorporated on 17 September 1987, making it 39+ years old. It is registered with the Registrar of Companies, Kolkata.
Forum Project Holdings has 9 deals on record (8 secondary share transfers, 1 funding round), with disclosed funding of ₹55.18 Cr; the latest was in March 2022.
The peers of Forum Project Holdings by revenue are Shree Ganesh Buildcon Private Limited, Lebnitze Real Estates Private Limited, Abi Estates Private Limited, Endure Realty Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Vidyut Saraf was appointed as Director on 01 Aug 2023. Ajay Kumar Agarwal ceased to be Additional Director on 31 Dec 2020. Raghav Todi ceased to be Additional Director on 31 Dec 2020. Forum Project Holdings has 15 board changes on record in total.
Yes, Forum Project Holdings is registered as a small enterprise under Udyam registration (number: UDYAM-WB-10-0068825).
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