Forvis Mazars LLP - business outsourcing in New Delhi, Delhi, India. Directors, charges & compliance details.
LLPIN AAI-2887 Incorporated 17 January 2017 ROC Delhi HQ New Delhi, Delhi, India
Active Limited Liability Partnership business outsourcing MSME · Small
Revenue · FY 2020
₹28.14 Cr
▲ 13% YoY
Contribution obligation
₹1 Lakh
As per LLP agreement
Open charges
₹9.42 Cr
Secured borrowings
LLP age
9 yrs
Est. 2017
Designated partners
4
As per MCA filings
Active GSTINs
2
GST registered
Brands
3
Associated brands
Last financials
Mar 2025
Balance sheet date

About Forvis Mazars LLP

Data last updated:

Forvis Mazars LLP is a limited liability partnership (LLP) based in New Delhi, Delhi, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 17 January 2017 and has been in existence for over 9 years.

The LLP is registered with the Registrar of Companies (ROC), Delhi, under LLPIN AAI-2887. Its GSTIN is 07ABEFM7032P1ZV (Delhi). The LLP holds 2 GST registrations, all of them active.

The LLP has a total obligation of contribution of ₹1 Lakh. It is led by designated partners including Swatantra Singh Bhatia and Rahul Khattar.

Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 106 And 107 First Floor Mercantile House 15 Kasturba Gandhi Marg New Delhi 11000, 1, Delhi, India – 110001.

As per the financials filed for FY 2020, the LLP reported a revenue of ₹28.14 Cr, a growth of 13% compared to the previous year.

The LLP is associated with 3 brands: BKD CPAs and Advisors, ProBank Education Services and Forvismazars. As per MCA filings, the LLP has open charges of ₹9.42 Cr on record. Court records list 1 case involving the LLP, including 1 filed against it.

Forvis Mazars LLP is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-01-0007687). For more details, the LLP can be reached via its website mazars.co.in.

Company details

LLPIN AAI-2887
Incorporation Date 17 January 2017
Total Obligation of Contribution ₹1 Lakh
ROC Delhi
Company Status Active
MSME Classification Small
Udyam Registration UDYAM-DL-01-0007687

Recognitions & Rankings of Forvis Mazars

MSME (Udyam registered) Ministry of MSME
Category
Small (2024-25)
Udyam number
UDYAM-DL-01-0007687

Contact details

Forvis Mazars LLP's registered office is in New Delhi, Delhi.

  • Registered Address
    106 And 107 First Floor Mercantile House 15 Kasturba Gandhi Marg New Delhi 11000, 1, Delhi, India – 110001
  • Industry
    Business Outsourcing, Business & IT Consulting
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Brands

Forvis Mazars operates multiple associated brands including BKD CPAs and Advisors, ProBank Education Services, and Forvismazars. Each brand links to its own profile.

BrandDescriptionWebsite
Global firm offering accounting, tax, and consulting to businesses worldwide.bkd.com
Investment banking and consultancy services are provided to financial institutions.probank.com
Assurance, tax, and consulting services are provided across industries.forvismazars.us

Financials of Forvis Mazars LLP

FY 2025 filings available

Forvis Mazars LLP reported revenue of ₹28.14 Cr (up 13% YoY) for FY 2020.

Revenue · FY 2020
₹28.14 Cr ▲ 13%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 13%

Revenue rose 13% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

Statement of Account and SolvencyFY 2019-20FY 2018-19FY 2017-18FY 2016-17
Income and Expenditure
Turnover
Other Income
Total Income
Purchases and Direct Costs
Personnel Expenses
Administrative Expenses
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Depreciation
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Profit After Tax
Profit Transferred to Partners
Assets and Liabilities
Partners' Contribution
Reserves and Surplus
Secured Loans
Unsecured Loans
Trade Payables
Other Liabilities and Provisions
Total Liabilities
Fixed Assets
Investments
Loans and Advances
Inventories
Trade Receivables
Cash and Bank Balance
Total Assets

Financial Ratios

Statement of Account and SolvencyFY 2019-20FY 2018-19FY 2017-18FY 2016-17
Profitability
Net Profit Margin
Return on Partners' Funds
Return on Assets
Liquidity and Debt
Current Ratio
Debt to Partners' Funds
Interest Coverage
Efficiency and Growth
Asset Turnover
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To see the full financial statements and ratios of Forvis Mazars LLP, buy the company report.

Designated partners of Forvis Mazars LLP

Forvis Mazars has 4 current designated partners and 4 former designated partners. Current designated partners are listed first, with their designation and appointment date.

Current Designated Partners
NameDesignationAppointment DateTenureStatus
Swatantra Singh BhatiaDesignated Partner01 Apr 20242 Years 7 MonthsCurrent
Rahul KhattarDesignated Partner01 Apr 20224 Years 7 MonthsCurrent
Bharat DhawanDesignated Partner17 Jan 20179 Years 9 MonthsCurrent
Sunil KalraDesignated Partner07 Feb 20251 Years 9 MonthsCurrent

Peer comparison

Forvis Mazars LLP is compared with the 10 companies closest to it by revenue in the Outsourcing industry (Consulting Services), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Bowhead Investment Advisors Private Limited₹28.33 Cr (FY 2025)-34.0%Gurgaon, Haryana, India
Trinity Tradecom Private Limited₹28.3 Cr (FY 2025)-18.0%Kolkata, West Bengal, India
Truboard Cleantech Private Limited₹28.27 Cr (FY 2025)56.0%Thane, Maharashtra, India
Nivl Advisors Private Limited₹28.19 Cr (FY 2025)-80.0%Delhi, India
Morgan Stanley Investment Management Private Limited₹28.15 Cr (FY 2025)-11.0%Mumbai, Maharashtra, India
Forvis Mazars LLPthis company₹28.14 Cr (FY 2020)13.0%New Delhi, Delhi, India
NTF Holdings Private Limited₹28.13 Cr (FY 2025)2.0%Delhi, India
Navadhara Industries Private Limited₹28.12 Cr (FY 2024)Kamthi, Maharashtra, India
Gayatri Footwears Private Limited₹28.07 Cr (FY 2021)-30.0%Delhi, India
Csa Investments Private Limited₹28.03 Cr (FY 2025)163.0%Gurgaon, Haryana, India
Global Market Insights Research Private Limited₹27.96 Cr (FY 2025)38.0%Pune, Maharashtra, India

To see the full peer comparison of Forvis Mazars LLP, buy the company report.

Charges & borrowings

Open charges
₹9.42 Cr
Satisfied charges
None
Breakdown by lending institutions
Icici Bank Limited₹7.95 Cr
Hdfc Bank Limited₹1.47 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
27 Mar 2025101067260Icici Bank Limited₹7.95 CrOpen
03 Mar 2025101056038Hdfc Bank Limited₹56.87 LakhOpen
06 Feb 2023100689413Hdfc Bank Limited₹30 LakhOpen
30 Mar 2021100649597Hdfc Bank Limited₹60 LakhOpen

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Forvis Mazars LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Forvis Mazars has 2 GST registrations: 2 active.

Total GSTINs
2
Active
2
GSTINStateStatusRegistered on
07ABEFM7032P1ZVDelhiActive01 Jul 2017
06ABEFM7032P1ZXHaryanaActive26 Aug 2017

To see the full GST registrations and return filing status of Forvis Mazars LLP, buy the company report.

Recent activity

Forvis Mazars LLP has 8 designated partner changes on record since 2017: 7 appointments and 1 cessation. The latest: Rohit Chaturvedi was appointed as Partner on 25 Aug 2025.

Appointed
Rohit Chaturvedi was appointed as Partner.
AGM
Forvis Mazars Llp last Annual general meeting of members was held on 31 Mar 2025 as per latest MCA records.
Filing
Forvis Mazars Llp has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi I.
Charges
A charge with Icici Bank Limited amounted to Rs. 795.00 Lakh with Charge ID 101067260 was registered on 27 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 56.87 Lakh with Charge ID 101056038 was registered on 03 Mar 2025.
Appointed
Sunil Kalra was appointed as Designated Partner.
Ceased
Sunil Kalra ceased to be Partner.
Appointed
Rajan Arora was appointed as Partner.
Appointed
Swatantra Singh Bhatia was appointed as Designated Partner.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.00 Lakh with Charge ID 100689413 was registered on 06 Feb 2023.
Appointed
Gul Basantani was appointed as Partner.
Appointed
Rahul Khattar was appointed as Designated Partner.

3 earlier events are in the company report.

Frequently asked questions

Forvis Mazars is an active limited liability partnership based in New Delhi, Delhi, India. The LLP works in business and IT consulting, within the business outsourcing industry. It was incorporated on 17 January 2017 (9+ years old) and is registered under LLPIN AAI-2887.

Forvis Mazars has 4 current designated partners:

The latest financial statements of Forvis Mazars on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2017 are in the company report.

The GSTIN of Forvis Mazars is 07ABEFM7032P1ZV, registered in Delhi. The LLP has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06ABEFM7032P1ZX (Haryana).

The LLPIN (Limited Liability Partnership Identification Number) of Forvis Mazars is AAI-2887. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.

Forvis Mazars has 1 court case on record: 1 filed against it.

Forvis Mazars was incorporated on 17 January 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Forvis Mazars by revenue are Bowhead Investment Advisors Private Limited, Trinity Tradecom Private Limited, Truboard Cleantech Private Limited, Nivl Advisors Private Limited, Morgan Stanley Investment Management Private Limited and 5 more, all in the Outsourcing industry (Consulting Services).

Rohit Chaturvedi was appointed as Partner on 25 Aug 2025. Sunil Kalra was appointed as Designated Partner on 07 Feb 2025. Sunil Kalra ceased to be Partner on 06 Feb 2025. Forvis Mazars has 8 designated partner changes on record in total.

Yes, Forvis Mazars is registered as a small enterprise under Udyam registration (number: UDYAM-DL-01-0007687).

Forvis Mazars can be reached through the website mazars.co.in. Its registered office is in New Delhi, Delhi, India.