Forvol International Services Limited - Company Profile

It is a transport and logistics public limited company based in Mumbai, Maharashtra, India, established in 1977.
1977 Mumbai, Maharashtra, India Active
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About Forvol International Services Limited

Forvol International Services Limited, a active public limited company, was established on 19 May 1977 in Mumbai, Maharashtra, India. Engaging in travel & tour services within the support service to organizations sector, it holds CIN: U55100MH1977PLC019660. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.80 Cr.

Formerly known as Forvol Tours And Transport Services Limited, Rajputana Palace Resorts Private Limited. It upholds a compliant status. Employing 47 professional, Its leadership includes Mahesh Tahilyani Chelaram (Director), Pallon Shapoorji Mistry (Director), Aashutosh Arun Akshikar (Managing Director). Past directors included Kamlesh Chander Mehra, Mahesh Tahilyani Chelaram, Shapoorji Pallonji Mistry. It holds ₹4.25 Cr open charges and ₹4.33 Cr settled loans. Its latest AGM occurred on 17 July 2025, with the balance sheet filed on 31 March 2025. It is based at 70, Nagindas Master Road, Fort,, Mumbai, Maharashtra, 400023.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U55100MH1977PLC019660

  • Registration Number

    019660

  • Incorporation Date

    19 May 1977

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹1.80 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.80 Cr
  • Company Age 48 Year, 8 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 4.25 Cr
  • Satisfied Charges ₹ 4.33 Cr
  • Revenue Growth **** 136.74%
  • Profit Growth **** 178.49%
  • Ebitda **** 214.08%
  • Net Worth 18.68%
  • Total Assets **** 46.95%
Company report

Forvol International Services Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Forvol International Services Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Forvol International Services Limited?
Current Directors
Name Designation Appointment Date Status
Mahesh Tahilyani Chelaram Director 28 Jul 2009 Current
Pallon Shapoorji Mistry Director 01 Apr 2012 Current
Aashutosh Arun Akshikar Managing Director 03 Aug 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 23 Jul 2013 Past
Pramod Abcsdd Additional Director 11 Aug 2009 Past
Pramod Abcsdd Director 11 Jun 2018 Past
Pramod Abcsdd Director 15 Dec 2009 Past
Pramod Abcsdd Director 06 Feb 2012 Past
Pramod Abcsdd Additional Director 13 Aug 2012 Past

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Financial Performance of Forvol International Services.

Forvol International Services Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 136.74% increase. The company also saw a substantial improvement in profitability, with a 178.49% increase in profit. The company's net worth Soared by an impressive increase of 18.68%.

Forvol International Services revenue growth over time
Forvol International Services profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 136.74%
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Revenue from Operations
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 154.41%
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Total Assets
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 46.95%
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Profit or Loss
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 178.49%
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Net Worth
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 18.68%
*******
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EBITDA
*******
 214.08%
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*******
*******
*******

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What is the Ownership and Shareholding Structure of Forvol International Services?

In 2023, Forvol International Services had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹42,500,000.00

Satisfied Charges

₹43,311,477.00

Charges Breakdown by Lending Institutions
  • Idbi Bank Limited : 4.25 Cr
Latest Charge Details
Date Lender Amount Status
09 Jun 2022 Idbi Bank Limited ₹4.25 Cr Open
25 Nov 2009 Kotak Mahindra Prime Limited ₹0.81 M Satisfied
06 Apr 2005 Idbi Bank Limited ₹4.25 Cr Satisfied

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How Many Employees Work at Forvol International Services?

Forvol International Services has a workforce of 47 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Forvol International Services, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Forvol International Services's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Forvol International Services
Recent Activity within the Organization
  • Annual General Meeting

    Forvol International Services Limited last Annual general meeting of members was held on 17 Jul 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Forvol International Services Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was completed.

  • Charges

    A charge registered on 25 Nov 2009 via Charge ID 10192952 with Kotak Mahindra Prime Limited was fully satisfied on 10 May 2023. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 06 Apr 2005 via Charge ID 80040305 with Idbi Bank Limited was fully satisfied on 10 Jun 2022. was documented.

  • Charges

    Progress on A charge with Idbi Bank Limited amounted to Rs. 4.25 Cr with Charge ID 100588527 was registered on 09 Jun 2022. was documented.

  • Director Appointment

    The activity Aashutosh Arun Akshikar was appointed as a CEO was appointed as a CEO on 03 Aug 2020 & has been associated with this company since 5 years 6 months . was completed.

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Frequently Asked Questions
What is the CIN of Forvol International Services Limited?

The CIN of Forvol International Services Limited is U55100MH1977PLC019660.

Where is Forvol International Services Limited headquartered?

Forvol International Services Limited is headquartered at 70, Nagindas Master Road, Fort,, Mumbai, Maharashtra, 400023.

When was Forvol International Services Limited incorporated?

Forvol International Services Limited was incorporated on 19 May 1977.

Who are the current directors of Forvol International Services Limited?

The current directors of Forvol International Services Limited are

What is the primary industry of Forvol International Services Limited?

The primary industry of Forvol International Services Limited is Support Service To Organizations.

Is Forvol International Services Limited a listed company?

Forvol International Services Limited is unlisted.

What is the capital structure of Forvol International Services Limited?

The authorized capital of Forvol International Services Limited is ₹2.00 Cr, and the paid-up capital is ₹1.80 Cr.

What is the compliance status of Forvol International Services Limited?

The compliance status of Forvol International Services Limited is Compliant.

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