About Forvol International Services Limited
Data last updated: 06 January 2026
Forvol International Services Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Shapoorji Pallonji And Company Private Limited. It specialises in travel and tour services, a part of the broader transport and logistics sector. Incorporated on 19 May 1977, the company has been in operation for over 49 years.
Registered with ROC Mumbai under CIN U55100MH1977PLC019660.
Capital: an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.8 Cr. Formerly known as Forvol Tours and Transport Services Limited and Rajputana Palace Resorts Private Limited. It is led by directors including Mahesh Tahilyani Chelaram and Pallon Shapoorji Mistry.
Last AGM: 17 July 2025. Financial statements filed for year ended 31 March 2025. Office: 70 Nagindas Master Road Fort, Mumbai, Maharashtra, India – 400023.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.8 Cr, a growth of 3% compared to the previous year.
The company has a workforce of approximately 47 employees as per the latest available data. It operates as a subsidiary of Shapoorji Pallonji And Company Private Limited.
As per MCA filings, the company has open charges of ₹4.25 Cr and satisfied charges of ₹4.33 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forvoltravel.com.
-
EmailLocked
-
TelephoneLocked
-
Website
-
Social Media
-
Registered Address70 Nagindas Master Road Fort, Mumbai, Maharashtra, India – 400023
-
IndustryTransport and Logistics, Travel & Tour Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Forvol International Services Limited
Forvol International Services Limited has undergone 2 name changes throughout its history. The company was previously known as Forvol Tours And Transport Services Limited, and Rajputana Palace Resorts Private Limited. The current legal name is Forvol International Services Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Forvol International Services Limited | Current |
| Forvol Tours And Transport Services Limited | Previous |
| Rajputana Palace Resorts Private Limited | Previous |
Business Activity of Forvol International Services Limited
Forvol International Services Limited is engaged in the principal business activity of support service to organizations, with detailed activities including travel agency and tour operators.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N3 | Travel agency and tour operators | Locked |
Business activity turnover details for Forvol International Services Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Forvol International Services Limited
Forvol International Services Limited is audited by J.P.J. ASSOCIATES LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| J.P.J. ASSOCIATES LLP | Locked | Locked | Locked |
Complete auditor history for Forvol International Services Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Forvol International Services Limited
Forvol International Services Limited is currently managed by 3 directors, with 9 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Mahesh Tahilyani Chelaram
Also directs:
Forbes & Company Limited, Forbes Precision Tools And Machine Parts Limited, Next Gen Publishing Private Limited and 2 more
|
Director | 28 Jul 2009 | 16 Years 11 Months | Current |
|
Pallon Shapoorji Mistry
Also directs:
Mistry Ventures Llp, Afcons Infrastructure Limited, Shapoorji Pallonji Energy Private Limited and 5 more
|
Director | 01 Apr 2012 | 14 Years 3 Months | Current |
|
Aashutosh Arun Akshikar
Also directs:
Usmart Education Limited
|
Managing Director | 03 Aug 2020 | 5 Years 11 Months | Current |
Financials of Forvol International Services Limited FY 2025 filings available
Forvol International Services Limited reported revenue of ₹7.8 Cr (up 3.00% YoY) for FY 2025.
Ten-year financial statements for Forvol International Services Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Forvol International Services Limited
Shareholding and ownership data for Forvol International Services Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Forvol International Services Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Jun 2022 | Idbi Bank Limited | ₹4.25 Cr | Open |
| 25 Nov 2009 | Kotak Mahindra Prime Limited | ₹8.11 Lakh | Satisfied |
| 06 Apr 2005 | Idbi Bank Limited | ₹4.25 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Forvol International Services Limited
Forvol International Services Limited has a workforce of 47 employees as of Apr 06, 2024.
Employee and EPFO history for Forvol International Services Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Forvol International Services Limited
GST registrations and filing compliance for Forvol International Services Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Forvol International Services Limited
Credit ratings, litigation, and regulatory alerts for Forvol International Services Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Forvol International Services Limited
MSME payment history for Forvol International Services Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Forvol International Services Limited
Corporate group structure for Forvol International Services Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Forvol International Services Limited
MCA filings and documents for Forvol International Services Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Forvol International Services Limited
Frequently Asked Questions about Forvol International Services Limited
Forvol International Services Limited is an active public limited company in the transport and logistics sector based in Mumbai, Maharashtra, India. It was incorporated on 19 May 1977 (49+ years old) and is registered under CIN U55100MH1977PLC019660. The company has 47 employees.
Forvol International Services Limited reported revenue of ₹7.8 Cr for FY 2025 (up 3.00% YoY).
The current directors of Forvol International Services Limited are:
- Mahesh Tahilyani Chelaram - Director
- Pallon Shapoorji Mistry - Director
- Aashutosh Arun Akshikar - Managing Director
The primary industry of Forvol International Services Limited is transport and logistics. The company specifically operates in travel and tour services. The company is currently active in this sector.
Forvol International Services Limited can be reached at the registered office: 70 Nagindas Master Road Fort, Mumbai, Maharashtra, India – 400023, or through the website forvoltravel.com.
The authorised capital is ₹2 Cr, and the paid-up capital is ₹1.8 Cr.