About Forum Riviera Constructions Private Limited
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Forum Riviera Constructions 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 marketing and sales segment of the real estate and construction sector. It was incorporated on 08 April 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U45400WB2008PTC124817. Its GSTIN is 19AABCF2090F1ZT (West Bengal).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹6.22 Cr. It is led by directors including Rahul Saraf and Subhash Chandra Choudhary.
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, Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2025, the company reported a revenue of ₹4.77 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹1.12 Cr (net margin 23.5%) and EBITDA of ₹1.45 Cr (EBITDA margin 30.5%). Revenue has declined at a compounded annual rate (CAGR) of 22% over three years and 35% over five years.
The company has about 5 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Forum Projects. As per MCA filings, the company has open charges of ₹18 Cr and satisfied charges of ₹370 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it. The company has 8 deals on record (6 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹1.27 Cr; the latest was in March 2017. Its 4 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings) are compared by revenue, 3 larger and 1 smaller; the largest is Vaibhav Build Tech Private Limited with revenue of ₹4.77 Cr.
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
Contact details
Forum Riviera Constructions 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, Kolkata, West Bengal, India – 700001
- IndustryReal Estate and Construction, Real Estate Marketing & Sales
To see the full contact details of Forum Riviera Constructions 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 Riviera Constructions 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 Riviera Constructions 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 |
To see the full business activity and turnover split of Forum Riviera Constructions Private Limited, buy the company report.
Financials of Forum Riviera Constructions Private Limited
FY 2024 filings availableForum Riviera Constructions Private Limited reported revenue of ₹4.77 Cr (up 196% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue rose 196% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 35%. EBITDA rose 449% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹1.45 Cr | ||||
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| Net Profit (PAT) | ₹1.12 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 30.5% | ||||
| Net Profit Margin | 23.5% | ||||
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To see the full financial statements and ratios of Forum Riviera Constructions Private Limited, buy the company report.
Board of directors of Forum Riviera Constructions Private Limited
Forum Riviera Constructions has 4 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| 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 | 08 Apr 2008 | 18 Years 6 Months | Current |
| Subhash Chandra Choudhary Also directs: Titanium Mineral Products Limited, Forum Infrastructure Private Limited, South-West Plantation Private Limited and 4 more | Director | 28 Oct 2020 | 5 Years 11 Months | Current |
| Raghav Todi Also directs: Hind Ceramics Pvt. Ltd, Forum Homes Private Limited, Forum Shopping Mall Private Limited and 5 more | Director | 28 Oct 2020 | 5 Years 11 Months | Current |
| Ajay Kumar Agarwal Also directs: Hind Ceramics Pvt. Ltd, Forum Shopping Mall Private Limited, Forum Project Holdings Private Limited and 5 more | Director | 28 Oct 2020 | 5 Years 11 Months | Current |
Peer comparison
Forum Riviera Constructions 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 (buildings), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vaibhav Build Tech Private Limited | ₹4.77 Cr (FY 2024) | 14.0% | Uttar Pradesh, India | |||
| KHN Interiors India Private Limited | ₹4.77 Cr (FY 2025) | 45.0% | New Delhi, Delhi, India | |||
| Mahadev Real Estate Consultancy Private Limited | ₹4.77 Cr (FY 2025) | 474.0% | Bhubaneswar, Odisha, India | |||
| Forum Riviera Constructions Private Limitedthis company | ₹4.77 Cr (FY 2025) | ₹1.12 Cr | 23.5% | 196.0% | 5 | Kolkata, West Bengal, India |
| Dynamic Buildtech Limited | ₹4.77 Cr (FY 2025) | -41.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Forum Riviera Constructions Private Limited, buy the company report.
Auditor
Forum Riviera Constructions 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 Riviera Constructions 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Forum Riviera Constructions Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2024 | 100893274 | Others | ₹18 Cr | Open | |
| 24 Dec 2015 | 10610539 | Icici Bank Limited | ₹30 Cr | Satisfied | |
| 18 May 2015 | 10569412 | Others | ₹45 Cr | Satisfied | |
| 18 May 2015 | 10569460 | Icici Bank Limited | ₹35 Cr | Satisfied | |
| 29 May 2014 | 10496979 | Icici Bank Limited | ₹110 Cr | Satisfied |
To see the full charge records of Forum Riviera Constructions Private Limited, buy the company report.
Total charge records: 6 View all charges
Deals & funding
Forum Riviera Constructions Private Limited has 8 deals on record (6 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹1.27 Cr; the latest was in March 2017.
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Ayesha Parivar Trust, Yash Saraf Parivar Trust, Forum Projects Private Limited Seller: 2 individuals |
| Mar 2016 | Secondary share transfer | Undisclosed | Buyer: Saraf Agencies Private Limited Seller: Nirnidhi Commercial Private Limited |
| Mar 2015 | Secondary share transfer | Undisclosed | Buyer: Vidyut Electricals & Electronics Private Limited Seller: Grandeur Products Limited |
| Oct 2012 | Secondary share transfer | Undisclosed | Buyer: Grandeur Products Limited , an individual Seller: an individual |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Nirnidhi Commercial Private Limited Seller: Hind Ceramics Pvt. Ltd |
To see the full deal history of Forum Riviera Constructions 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 Riviera Constructions Private Limited has 5 court cases on record: 2 filed by Forum Riviera Constructions, 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 0 |
| High courts | 2 | 0 | 0 |
Cases on record (4 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Aks Power Equipments Private Ltd. | Disposed |
| District court, Howrah, West Bengal | Court case (2.Misc. Appeal) | Filed against the company by an individual | Disposed |
| District court, Howrah, West Bengal | Court case (1.Title Suit) | Filed against the company by an individual | Disposed |
| Calcutta High Court | Court case (FMA) | Filed by the company against an individual | Disposed |
To see the full case history of Forum Riviera Constructions 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.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Forum Riviera Constructions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Forum Riviera Constructions Private Limited has a workforce of 5 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Forum Riviera Constructions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AABCF2090F1ZT | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Forum Riviera Constructions Private Limited, buy the company report.
Recent activity
Forum Riviera Constructions Private Limited has 13 board changes on record since 2008: 4 appointments and 9 cessations. The latest: Ajay Kumar Agarwal ceased to be Additional Director on 31 Dec 2020.
19 earlier events are in the company report.
Frequently asked questions
Forum Riviera Constructions is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate marketing and sales, within the real estate and construction industry. It was incorporated on 08 April 2008 (18+ years old) and is registered under CIN U45400WB2008PTC124817.
Forum Riviera Constructions has 4 current directors:
- Rahul Saraf - Director
- Subhash Chandra Choudhary - Director
- Raghav Todi - Director
- Ajay Kumar Agarwal - Director
The latest financial statements of Forum Riviera Constructions 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 Riviera Constructions is 19AABCF2090F1ZT, registered in West Bengal.
The CIN (Corporate Identification Number) of Forum Riviera Constructions is U45400WB2008PTC124817. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forum Riviera Constructions has 5 court cases on record: 2 filed by the company and 3 filed against it. Most are in the district courts.
Forum Riviera Constructions was incorporated on 08 April 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.
Forum Riviera Constructions has 8 deals on record (6 secondary share transfers, 1 acquisition, 1 funding round), with disclosed funding of ₹1.27 Cr; the latest was in March 2017.
The peers of Forum Riviera Constructions by revenue are Vaibhav Build Tech Private Limited, KHN Interiors India Private Limited, Mahadev Real Estate Consultancy Private Limited, Dynamic Buildtech Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (buildings).
Ajay Kumar Agarwal ceased to be Additional Director on 31 Dec 2020. Raghav Todi ceased to be Additional Director on 31 Dec 2020. Subhash Chandra Choudhary ceased to be Additional Director on 31 Dec 2020. Forum Riviera Constructions has 13 board changes on record in total.
Forum Riviera Constructions can be reached through the website forumprojects.in. Its registered office is in Kolkata, West Bengal, India.