MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0193969
Forus Health Private Limited - healthcare in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹46.9 Cr
▲ 22% YoY
Net loss · FY 2024
₹14.44 Lakh
Net margin -0.3%
EBITDA · FY 2024
₹4.24 Cr
EBITDA margin 9%
Authorised capital
₹1.05 Cr
Registered with MCA
Paid-up capital
₹8.7 Lakh
Issued & subscribed
Open charges
₹24.62 Cr
Satisfied ₹6.33 Cr
Company age
16 yrs
Est. 2010
Employees · EPFO
145
Provident fund records
About Forus Health Private Limited
Data last updated:
Forus Health Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 20 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U85100KA2010PTC052229. Its GSTIN is 29AABCF4661J1ZE (Karnataka). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1.05 Cr and a paid-up capital of ₹8.7 Lakh. It is led by directors including Kuppuswami Chandrasekhar (Managing Director) and Satya Sreedhar Reddy Mooramreddy.
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 Bangalore, Karnataka.
As per the financials filed for FY 2024, the company reported a revenue of ₹46.9 Cr, a growth of 22% compared to the previous year. For the same year it recorded a net loss of ₹14.44 Lakh (net margin -0.3%) and EBITDA of ₹4.24 Cr (EBITDA margin 9%). Revenue has grown at a compounded annual rate (CAGR) of 33% over three years and 18% over five years.
The company has about 145 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Forus Health. As per MCA filings, the company has open charges of ₹24.62 Cr and satisfied charges of ₹6.33 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 13 deals on record (7 funding rounds, 6 secondary share transfers), with disclosed funding of ₹110.47 Cr; the latest was in November 2025.
Forus Health Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0193969). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forushealth.com.
Company details
CIN U85100KA2010PTC052229
Registration Number 052229
Incorporation Date 20 January 2010
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0193969
Key People
Kuppuswami Chandrasekhar Managing Director Satya Sreedhar Reddy Mooramreddy Director Anand Daniel Nominee Director Recognitions & Rankings of Forus Health
Contact details
Forus Health Private Limited's registered office is in Bangalore, Karnataka. Its website is forushealth.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNo.8 27th Cross Road, Banashankari II Stage, Bangalore, Karnataka, India – 560070
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of Forus Health Private Limited, buy the company report.
Comprehensive company report
Forus Health 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
Forus Health operates one associated brand: Forus Health. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of portable digital eye imaging devices and cloud-based healthcare platforms | forushealth.com |
Business activity
The main business activity of Forus Health is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment |
To see the full business activity and turnover split of Forus Health Private Limited, buy the company report.
Financials of Forus Health Private Limited
FY 2024 filings availableForus Health Private Limited reported revenue of ₹46.9 Cr (up 22% YoY) for FY 2024.
Revenue · FY 2024
₹46.9 Cr ▲ 22%
Net loss · FY 2024
₹14.44 Lakh margin -0.3%
EBITDA · FY 2024
₹4.24 Cr margin 9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 22%
3 years · compounded
▲ 33%
5 years · compounded
▲ 18%
EBITDA CAGR growth
1 year
▼ 51%
3 years · compounded
▲ 194%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 18% over five years, including 22% growth in the latest year. EBITDA fell 51% 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 | ₹4.24 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹14.44 Lakh | ||||
| Balance Sheet | |||||
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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 | 9% | ||||
| Net Profit Margin | -0.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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To see the full financial statements and ratios of Forus Health Private Limited, buy the company report.
Board of directors of Forus Health Private Limited
Forus Health has 6 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 |
|---|---|---|---|---|
| Kuppuswami Chandrasekhar | Managing Director | 20 Jan 2010 | 16 Years 9 Months | Current |
| Satya Sreedhar Reddy Mooramreddy | Director | 26 Jul 2023 | 3 Years 3 Months | Current |
| Anand Daniel | Nominee Director | 29 Aug 2012 | 14 Years 2 Months | Current |
| Shyam Vasudevarao Also directs: Automedix Private Limited, Autoyos Private Limited, Renalyx Health Systems Private Limited and 2 more | Director | 08 Jun 2010 | 16 Years 5 Months | Current |
| Sameer Wagle Anil | Nominee Director | 21 Aug 2014 | 12 Years 2 Months | Current |
| Rakshith Rangarajan Also directs: Inviga Investment Advisors Private Limited | Nominee Director | 17 Oct 2025 | 1 Years 0 Months | Current |
Auditor
Forus Health Private Limited is audited by Haribhakti & Co. LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Haribhakti & Co. LLP | FY 2023 | 103523W |
Shareholding
The shareholding of Forus Health 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 Forus Health Private Limited, buy the company report.
Charges & borrowings
Open charges
₹24.62 Cr
Satisfied charges
₹6.33 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Jul 2025 | 101135083 | Others | ₹2.2 Cr | Open | |
| 29 Jan 2025 | 101051498 | Others | ₹35 Lakh | Open | |
| 31 Dec 2024 | 101035614 | Others | ₹5.32 Cr | Open | |
| 31 Mar 2023 | 100708467 | Others | ₹16.75 Cr | Open | |
| 19 Jul 2023 | 100756963 | Others | ₹2.93 Cr | Satisfied |
To see the full charge records of Forus Health Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Forus Health Private Limited has 13 deals on record (7 funding rounds, 6 secondary share transfers), with disclosed funding of ₹110.47 Cr; the latest was in November 2025.
Total deals
13
Funding rounds
7
Secondary share transfers
6
Disclosed funding
₹110.47 Cr
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2025 | Secondary share transfer | Undisclosed | Buyer: Inviga Investment Advisors |
| Dec 2019 | Secondary share transfer | Undisclosed | Buyer: TPG NewQuest (Newquest Capital Partners) Seller: Chiratae Ventures (IDG) |
| Oct 2018 | Funding round · Series C | ₹18.5 Cr | Investors: Asian Healthcare Fund, Accel India |
| Jan 2014 | Secondary share transfer | Undisclosed | Buyer: Accel India, Chiratae Ventures (IDG), Asian Healthcare Fund Seller: 2 individuals |
| Jan 2014 | Funding round · Series B | ₹50 Cr | Investors: Asian Healthcare Fund, Accel India, Chiratae Ventures (IDG) |
To see the full deal history of Forus Health 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
Forus Health Private Limited has 2 court cases on record: 2 filed by Forus Health. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
2
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
| High courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, ORISSA | Court case (CRLMC) | Filed by the company against Republic of India(Cbi) | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed by the company against an individual | Disposed |
To see the full case history of Forus Health 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 Forus Health Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Forus Health Private Limited has a workforce of 145 employees on its EPFO records as of Apr 02, 2024, across 1 active EPFO establishment.
Employee count
145
Active EPFO establishments
1
Employee growth
5.84%
GST
Forus Health has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCF4661J1ZE | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Forus Health Private Limited, buy the company report.
Recent activity
Forus Health Private Limited has 17 board changes on record since 2010: 6 appointments and 11 cessations. The latest: Rakshith Rangarajan was appointed as Nominee Director on 17 Oct 2025.
Appointed
Rakshith Rangarajan was appointed as Nominee Director.
Charges
A charge registered on 19 Jul 2023 via Charge ID 100756963 with Others was fully satisfied on 07 Aug 2025.
Charges
A charge with Others amounted to Rs. 2.20 Cr with Charge ID 101135083 was registered on 16 Jul 2025.
Charges
A charge with Others of Rs. 16.75 Cr registered on 31 Mar 2023 with Charge ID 100708467 was modified on 16 Jul 2025.
Charges
A charge with Others amounted to Rs. 0.35 Cr with Charge ID 101051498 was registered on 29 Jan 2025.
Charges
A charge with Others amounted to Rs. 5.32 Cr with Charge ID 101035614 was registered on 31 Dec 2024.
AGM
Forus Health Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Forus Health Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Ceased
Bharati Agarwal ceased to be Additional Director.
Ceased
Satya Sreedhar Reddy . Mooramreddy ceased to be Additional Director.
Appointed
Satya Sreedhar Reddy Mooramreddy was appointed as Director.
Charges
A charge with Others amounted to Rs. 2.93 Cr with Charge ID 100756963 was registered on 19 Jul 2023.
19 earlier events are in the company report.
News
Frequently asked questions
Forus Health is an active private limited company based in Bangalore, Karnataka, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 20 January 2010 (16+ years old) and is registered under CIN U85100KA2010PTC052229.
Forus Health has 6 current directors:
- Kuppuswami Chandrasekhar - Managing Director
- Satya Sreedhar Reddy Mooramreddy - Director
- Anand Daniel - Nominee Director
- Shyam Vasudevarao - Director
- Sameer Wagle Anil - Nominee Director
- Rakshith Rangarajan - Nominee Director
The latest financial statements of Forus Health 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 Forus Health is 29AABCF4661J1ZE, registered in Karnataka. 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 Forus Health is U85100KA2010PTC052229. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forus Health has 2 court cases on record: 2 filed by the company. 1 is pending. Most are in the district courts.
Forus Health was incorporated on 20 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Bangalore.
Forus Health has 13 deals on record (7 funding rounds, 6 secondary share transfers), with disclosed funding of ₹110.47 Cr; the latest was in November 2025.
Rakshith Rangarajan was appointed as Nominee Director on 17 Oct 2025. Bharati Agarwal ceased to be Additional Director on 29 Sep 2023. Satya Sreedhar Reddy . Mooramreddy ceased to be Additional Director on 29 Sep 2023. Forus Health has 17 board changes on record in total.
Yes, Forus Health is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0193969).
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