Forward Securities Limited - Company Profile

It is a financial services public limited company based in Mumbai, Maharashtra, India, established in 1984.
1984 Mumbai, Maharashtra, India Active
Last Updated:
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About Forward Securities Limited

Forward Securities Limited, a active public limited company, was established on 27 March 1984 in Mumbai, Maharashtra, India. Engaging in diversified financial services within the support service to organizations sector, it holds CIN: U65921MH1984PLC032495. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹4.21 Cr.

Formerly known as Wagle Leasing & Marketing P Ltd. It upholds a compliant status. Its leadership includes Deepak Wagle (Director), Jyoti Deepak Wagle (Director), Kavita Arijit Chakravorty (Director). It holds ₹4.92 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at A-1/5,Samruddhi Baburaoparulekar Marg,Opp Bhavani Shanker Road,Dadar(W), Mumbai, Maharashtra, 400025.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U65921MH1984PLC032495

  • Registration Number

    032495

  • Incorporation Date

    27 March 1984

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹4.21 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 4.21 Cr
  • Company Age 41 Year, 10 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 4.92 Cr
  • Revenue Growth **** -92.95%
  • Profit Growth **** -24.34%
  • Ebitda **** 7.08%
  • Net Worth 30.95%
  • Total Assets -6.71%
Company report

Forward Securities Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Forward Securities 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 Forward Securities Limited?
Current Directors
Name Designation Appointment Date Status
Deepak Wagle Director 27 Mar 1984 Current
Jyoti Deepak Wagle Director 27 Mar 1984 Current
Kavita Arijit Chakravorty Director 29 Jan 1997 Current

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Financial Performance of Forward Securities.

Forward Securities Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 92.95% decrease. The company also saw a substantial fall in profitability, with a 24.34% decrease in profit. The company's net worth Soared by an impressive increase of 30.95%.

Forward Securities revenue growth over time
Forward Securities 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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 -92.95%
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Revenue from Operations
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Total Assets
*******
 -6.71%
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Profit or Loss
*******
 -24.34%
*******
*******
*******
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Net Worth
*******
 30.95%
*******
*******
*******
*******
EBITDA
*******
 7.08%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Forward Securities?

In 2021, Forward Securities had a promoter holding of 11.88% and a public holding of 88.12%. 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

₹49,197,700.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • The United Western Bank Ltd. : 1.35 Cr
  • Central Bank Of India : 1.23 Cr
  • Uco Bank : 0.63 Cr
  • Bank Of Baroda : 0.50 Cr
  • Vijaya Bank : 0.40 Cr
  • Others : 0.81 Cr
Latest Charge Details
Date Lender Amount Status
23 Feb 1995 Central Bank Of India ₹6.00 M Open
23 Feb 1994 The United Western Bank Ltd. ₹7.00 M Open
22 Oct 1990 Central Bank Of India ₹3.80 M Open
31 May 1989 Industrial Finance Corporation Of India ₹2.46 M Open
07 Nov 1988 Industrial Finance Corporation Of India ₹0.34 M Open

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How Many Employees Work at Forward Securities?

Unlock and access historical data on people associated with Forward Securities, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

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 Forward Securities, 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 Forward Securities'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 Forward Securities
Recent Activity within the Organization
  • Annual General Meeting

    Forward Securities Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

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

  • Director Appointment

    The activity Kavita Arijit Chakravorty was appointed as a Director was appointed as a Director on 29 Jan 1997 & has been associated with this company since 29 years 13 days . was completed.

  • Charges

    A charge with Central Bank Of India amounted to Rs. 0.60 Cr with Charge ID 90357159 was registered on 23 Feb 1995. was recorded as a recent event.

  • Charges

    The activity A charge with The United Western Bank Ltd. amounted to Rs. 0.70 Cr with Charge ID 90357081 was registered on 23 Feb 1994. was completed.

  • Charges

    Progress on A charge with Central Bank Of India amounted to Rs. 0.38 Cr with Charge ID 90356892 was registered on 22 Oct 1990. was documented.

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Frequently Asked Questions
What is the CIN of Forward Securities Limited?

The CIN of Forward Securities Limited is U65921MH1984PLC032495.

Where is Forward Securities Limited headquartered?

Forward Securities Limited is headquartered at A-1/5,Samruddhi Baburaoparulekar Marg,Opp Bhavani Shanker Road,Dadar(W), Mumbai, Maharashtra, 400025.

When was Forward Securities Limited incorporated?

Forward Securities Limited was incorporated on 27 March 1984.

Who are the current directors of Forward Securities Limited?

The current directors of Forward Securities Limited are

What is the primary industry of Forward Securities Limited?

The primary industry of Forward Securities Limited is Support Service To Organizations.

Is Forward Securities Limited a listed company?

Forward Securities Limited is unlisted.

What is the capital structure of Forward Securities Limited?

The authorized capital of Forward Securities Limited is ₹15.00 Cr, and the paid-up capital is ₹4.21 Cr.

What is the compliance status of Forward Securities Limited?

The compliance status of Forward Securities Limited is Compliant.

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