Forward Carriers Private Limited
About Forward Carriers Private Limited
Data last updated:
Forward Carriers Private Limited was a private limited company based in Kolkata, West Bengal, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the brokerage and trading services segment of the financial services sector. It was incorporated on 25 October 2004.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U60100WB2004PTC100241.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.76 Cr. It was led by directors Pravin Pankaj and Manish Anand.
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 was at Kolkata, West Bengal.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.53 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹843 (net margin -0.2%) and EBITDA of -₹843 (EBITDA margin -0.2%). Revenue has grown at a compounded annual rate (CAGR) of 202% over three years and 86% over five years.
Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Forward Carriers Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address29A Weston Street, 3rd Floor, Kolkata, West Bengal, India – 700012
- IndustryFinancial Services, Brokerage & Trading Services
To see the full contact details of Forward Carriers 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
Business activity
The main business activity of Forward Carriers is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Forward Carriers Private Limited, buy the company report.
Financials of Forward Carriers Private Limited
FY 2024 filings availableForward Carriers Private Limited reported revenue of ₹5.53 Lakh (up 9344% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 86% over five years. EBITDA fell 114% 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 | -₹843 | ||||
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| Net Profit (PAT) | -₹843 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -0.2% | ||||
| Net Profit Margin | -0.2% | ||||
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To see the full financial statements and ratios of Forward Carriers Private Limited, buy the company report.
Board of directors of Forward Carriers Private Limited
Forward Carriers has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Pravin Pankaj | Director | 06 Nov 2023 | 2 Years 11 Months | As last reported |
| Manish Anand | Director | 13 Mar 2024 | 2 Years 7 Months | As last reported |
Peer comparison
Forward Carriers Private Limited is compared with the 4 companies closest to it by revenue in the BFSI industry (Broking Services, Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Navin Securities Private Limited | ₹5.54 Lakh (FY 2025) | 146.0% | Uttar Pradesh, India | |||
| Forward Carriers Private Limitedthis company | ₹5.53 Lakh (FY 2024) | -₹843 | -0.2% | 9344.0% | Kolkata, West Bengal, India | |
| Eternity Globetex Private Limited | ₹5.53 Lakh (FY 2016) | Navi Mumbai, Maharashtra, India | ||||
| KG Mills Limited | ₹5.52 Lakh (FY 2020) | -71.0% | Coimbatore, Tamil Nadu, India | |||
| Fairmount Marketing Private Limited | ₹5.51 Lakh (FY 2025) | Delhi, India |
To see the full peer comparison of Forward Carriers Private Limited, buy the company report.
Auditor
Forward Carriers Private Limited is audited by SARAOGI JAIN & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SARAOGI JAIN & CO | FY 2017 | 306150E |
Shareholding
The shareholding of Forward Carriers Private Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Forward Carriers Private Limited, buy the company report.
Legal cases
Forward Carriers Private Limited has 1 court case on record: 1 filed by Forward Carriers. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Kolkata | Court case (C.A.(CAA)) | Filed by the company | Disposed |
To see the full case history of Forward Carriers 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 Forward Carriers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Forward Carriers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Forward Carriers Private Limited has 6 board changes on record since 2013: 2 appointments and 4 cessations. The latest: Manish Anand was appointed as Director on 13 Mar 2024.
Frequently asked questions
Forward Carriers has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Forward Carriers was a private limited company based in Kolkata, West Bengal, India. The company worked in brokerage and trading services, within the financial services industry. It was incorporated on 25 October 2004 and is registered under CIN U60100WB2004PTC100241. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Forward Carriers was incorporated on 25 October 2004. It is registered with the Registrar of Companies, Kolkata.
Forward Carriers had 2 directors:
- Pravin Pankaj - Director
- Manish Anand - Director
The CIN (Corporate Identification Number) of Forward Carriers is U60100WB2004PTC100241. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Forward Carriers is at 29A Weston Street, 3rd Floor, Kolkata, West Bengal, India – 700012.
The latest financial statements of Forward Carriers 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.
Forward Carriers operated in the financial services industry, in the brokerage and trading services segment.
The peers of Forward Carriers by revenue are Navin Securities Private Limited, Eternity Globetex Private Limited, KG Mills Limited, Fairmount Marketing Private Limited, all in the BFSI industry (Broking Services, Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Forward Carriers has 1 court case on record: 1 filed by the company.
Manish Anand was appointed as Director on 13 Mar 2024. Partha Sarathi Roy ceased to be Director on 13 Mar 2024. Manish Sharma ceased to be Director on 06 Nov 2023. Forward Carriers has 6 board changes on record in total.