- Category
- Medium (2024-25)
- Udyam number
- UDYAM-WB-10-0081039

About Forum Projects Private Limited
Data last updated:
Forum Projects Private Limited is a private limited company based in Kolkata, West Bengal, India, a subsidiary of Forum Project Holdings Private Limited. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 13 July 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U70109WB1981PTC033872. Its GSTIN is 19AADCS7575E1Z0 (West Bengal). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹700 Cr and a paid-up capital of ₹201.93 Cr. It was formerly known as Sunsam Properties Ltd and Sunsam Properties Pvt Ltd. It is led by directors Ajay Kumar Agarwal and Raghav Todi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4/1 Red Cross Place 3rd Floorp S Hare Street, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2024, the company reported a revenue of ₹72.88 Cr, a decline of 32% compared to the previous year. For the same year it recorded a net loss of ₹20.06 Cr (net margin -27.5%) and EBITDA of ₹66.59 Cr (EBITDA margin 91.4%). Revenue has grown at a compounded annual rate (CAGR) of 42% over three years and 73% over five years.
The company has about 10 employees on its provident fund (EPFO) records. Its group structure includes 2 subsidiaries.
The company is associated with 1 brand: Forum Projects. As per MCA filings, the company has open charges of ₹70 Cr and satisfied charges of ₹2,638.81 Cr on record. Court records list 41 cases involving the company, including 25 filed by the company and 16 filed against it; 11 cases are pending. The company has 43 deals on record (40 secondary share transfers, 3 funding rounds), with disclosed funding of ₹167.68 Cr; the latest was in March 2023. 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, 2 larger and 2 smaller; the largest is Corolla Realty Limited with revenue of ₹73.03 Cr.
Forum Projects Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-WB-10-0081039). 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
Name history
Forum Projects has undergone 2 name changes throughout its history. The company was previously known as Sunsam Properties Ltd, and Sunsam Properties Pvt Ltd. The current legal name is Forum Projects Private Limited.
| Company Name | Status |
|---|---|
| Forum Projects Private Limited | Current |
| Sunsam Properties Ltd | Previous |
| Sunsam Properties Pvt Ltd | Previous |
Recognitions & Rankings of Forum Projects
Contact details
Forum Projects 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 Address4/1 Red Cross Place 3rd Floorp S Hare Street, Kolkata, West Bengal, India – 700001
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Forum Projects 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 Projects 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 Projects 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 Projects Private Limited, buy the company report.
Financials of Forum Projects Private Limited
FY 2024 filings availableForum Projects Private Limited reported revenue of ₹72.88 Cr (down 32% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 32% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 73%. EBITDA rose 193% 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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| EBITDA | ₹66.59 Cr | ||||
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| Net Profit (PAT) | -₹20.06 Cr | ||||
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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 | 91.4% | ||||
| Net Profit Margin | -27.5% | ||||
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To see the full financial statements and ratios of Forum Projects Private Limited, buy the company report.
Board of directors of Forum Projects Private Limited
Forum Projects has 2 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajay Kumar Agarwal Also directs: Hind Ceramics Pvt. Ltd, Forum Riviera Constructions Private Limited, Forum Shopping Mall Private Limited and 5 more | Director | 15 Sep 2022 | 4 Years 1 Months | Current |
| Raghav Todi Also directs: Hind Ceramics Pvt. Ltd, H J Properties Pvt Ltd, Forum Homes Private Limited and 5 more | Additional Director | 10 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
Forum Projects 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 |
|---|---|---|---|---|---|---|
| Corolla Realty Limited | ₹73.03 Cr (FY 2015) | -55.0% | Road, Pune - 411 001, Maharashtra, India | |||
| Eon-Hinjewadi Infrastructure Private Limited | ₹72.89 Cr (FY 2025) | 7.0% | Pune, Maharashtra, India | |||
| Forum Projects Private Limitedthis company | ₹72.88 Cr (FY 2024) | -₹20.06 Cr | -27.5% | -32.0% | 10 | Kolkata, West Bengal, India |
| Aparna Property Management Services Private Limited | ₹72.76 Cr (FY 2025) | 10.0% | Hyderabad, Telangana, India | |||
| Gokul Kripa Colonizers and Developers Private Limited | ₹72.63 Cr (FY 2025) | -44.0% | Jaipur, Rajasthan, India |
To see the full peer comparison of Forum Projects Private Limited, buy the company report.
Auditor
Forum Projects 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 Projects 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 Projects Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Jun 2017 | 100109542 | Others | ₹70 Cr | Open | |
| 19 May 2023 | 100728626 | Others | ₹560 Cr | Satisfied | |
| 19 Jun 2021 | 100479977 | Others | ₹59.93 Cr | Satisfied | |
| 30 Mar 2021 | 100445561 | Others | ₹6.36 Cr | Satisfied | |
| 24 Mar 2018 | 100169541 | Others | ₹400 Cr | Satisfied |
To see the full charge records of Forum Projects Private Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Forum Projects Private Limited has 43 deals on record (40 secondary share transfers, 3 funding rounds), with disclosed funding of ₹167.68 Cr; the latest was in March 2023.
Deals on record (5 of 43)
To see the full deal history of Forum Projects 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 Projects Private Limited has 41 court cases on record: 25 filed by Forum Projects, 16 filed against it. 11 cases are pending and 30 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 29 | 9 | 7 |
| District courts | 10 | 7 | 3 |
| Supreme Court | 1 | 0 | 1 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Arbitration matter | Filed against the company by Chemtex Speciality Ltd Soumava Mukherjee | Pending |
| District court, Sundargarh, Odisha | Arbitration matter | Filed against the company by Saroj Bhagwati LLP | Disposed |
| High Court of Orissa | Writ petition | Filed against the company by Saroj Bhagwati, LLP, Jharkhand | Disposed |
| High Court | Civil suit | Filed by the company against M/S. Deoghar Properties & Finance Pvt Ltd & Anr | Disposed |
| High Court | Company petition | Filed against the company by In the Matter of M/S. Deoghar Properties & Finance Pvt. Ltd. | Disposed |
To see the full case history of Forum Projects 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 Projects Private Limited was last rated by Care on 18 Feb 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 18 Feb 2022 |
To see the full credit ratings and regulatory alerts of Forum Projects Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Forum Projects Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Forum Projects has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Forum Infrastructure Private Limited | U45200WB2007PTC112724 | |
| Bengal Forum Housing Development Limited | U70109WB2011PLC157001 |
To see the full group structure of Forum Projects Private Limited, buy the company report.
Employees & EPFO
Forum Projects Private Limited has a workforce of 10 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Forum Projects has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCS7575E1Z0 | West Bengal | Active | 01 Jul 2017 |
| 21AADCS7575E1ZF | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Forum Projects Private Limited, buy the company report.
Recent activity
Forum Projects Private Limited has 14 board changes on record since 2008: 4 appointments and 10 cessations. The latest: Raghav Todi was appointed as Additional Director on 10 Oct 2025.
71 earlier events are in the company report.
Frequently asked questions
Forum Projects 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 13 July 1981 (45+ years old) and is registered under CIN U70109WB1981PTC033872.
Forum Projects has 2 current directors:
- Ajay Kumar Agarwal - Director
- Raghav Todi - Additional Director
The latest financial statements of Forum Projects on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Forum Projects is 19AADCS7575E1Z0, registered in West Bengal. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 21AADCS7575E1ZF (Odisha).
The CIN (Corporate Identification Number) of Forum Projects is U70109WB1981PTC033872. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forum Projects has 41 court cases on record: 25 filed by the company and 16 filed against it. 11 are pending. Most are in the high courts.
Forum Projects was incorporated on 13 July 1981, making it 45+ years old. It is registered with the Registrar of Companies, Kolkata.
Forum Projects has 43 deals on record (40 secondary share transfers, 3 funding rounds), with disclosed funding of ₹167.68 Cr; the latest was in March 2023.
The peers of Forum Projects by revenue are Corolla Realty Limited, Eon-Hinjewadi Infrastructure Private Limited, Aparna Property Management Services Private Limited, Gokul Kripa Colonizers and Developers 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).
Raghav Todi was appointed as Additional Director on 10 Oct 2025. Ajeetraj Mehta ceased to be Director on 14 Jul 2023. Vidyut Saraf was appointed as Director on 14 Jul 2023. Forum Projects has 14 board changes on record in total.
Yes, Forum Projects is registered as a medium enterprise under Udyam registration (number: UDYAM-WB-10-0081039).

