Forway Properties Private Limited
About Forway Properties Private Limited
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Forway Properties Private Limited is a private limited company based in Kolkata, West Bengal, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 05 January 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U74900WB2015PTC204798.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Jhalak Banka and Bablu Pal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 1 R.N. Mukherjee Road Martin Burn Building 3rd Floor Room – 302 Kolkata, West Bengal, India – 700001.
As per the financials filed for FY 2024, the company reported a revenue of ₹9.3 Lakh, a decline of 19% compared to the previous year. For the same year it recorded a net profit of ₹1.39 Lakh (net margin 14.9%) and EBITDA of ₹1.88 Lakh (EBITDA margin 20.2%). Revenue has grown at a compounded annual rate (CAGR) of 27% over three years and 2% over five years.
As per MCA filings, the company has open charges of ₹35.01 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Forway Properties Private Limited's registered office is in Kolkata, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address1 R.N. Mukherjee Road Martin Burn Building 3rd Floor Room – 302 Kolkata, West Bengal, India – 700001
- IndustryFinancial Services, Real Estate Financing
To see the full contact details of Forway Properties 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 Forway Properties is real estate activities. In detail, this covers real estate activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| L | Real estate activities | 68 | Real estate activities |
To see the full business activity and turnover split of Forway Properties Private Limited, buy the company report.
Financials of Forway Properties Private Limited
FY 2025 filings availableForway Properties Private Limited reported revenue of ₹9.3 Lakh (down 19% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 19% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 2%. EBITDA rose 187% 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 | ₹1.88 Lakh | ||||
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| Net Profit (PAT) | ₹1.39 Lakh | ||||
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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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| EBITDA Margin | 20.2% | ||||
| Net Profit Margin | 14.9% | ||||
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To see the full financial statements and ratios of Forway Properties Private Limited, buy the company report.
Board of directors of Forway Properties Private Limited
Forway Properties has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jhalak Banka | Director | 29 Nov 2023 | 2 Years 10 Months | Current |
| Bablu Pal Also directs: Sundaram Sales Private Limited | Director | 25 Apr 2024 | 2 Years 5 Months | Current |
Auditor
Forway Properties Private Limited is audited by GORA & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GORA & CO | FY 2022 | 330091E |
Shareholding
The shareholding of Forway Properties Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Forway Properties Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2018 | 100166620 | Axis Bank Limited | ₹30.01 Cr | Open | |
| 03 Jun 2016 | 100035823 | Others | ₹5 Cr | Open |
To see the full charge records of Forway Properties Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
No court or tribunal cases involving Forway Properties Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Forway Properties 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 Forway Properties Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Forway Properties Private Limited has 8 board changes on record since 2016: 2 appointments and 6 cessations. The latest: Bablu Pal ceased to be Additional Director on 29 Sep 2024.
2 earlier events are in the company report.
Frequently asked questions
Forway Properties is an active private limited company based in Kolkata, West Bengal, India. The company works in real estate financing, within the financial services industry. It was incorporated on 05 January 2015 (11+ years old) and is registered under CIN U74900WB2015PTC204798.
Forway Properties has 2 current directors:
- Jhalak Banka - Director
- Bablu Pal - Director
The latest financial statements of Forway Properties on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Forway Properties is U74900WB2015PTC204798. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forway Properties was incorporated on 05 January 2015, making it 11+ years old. It is registered with the Registrar of Companies, Kolkata.
Bablu Pal ceased to be Additional Director on 29 Sep 2024. Bablu Pal was appointed as Director on 25 Apr 2024. Jhalak Banka was appointed as Director on 29 Nov 2023. Forway Properties has 8 board changes on record in total.
The registered office of Forway Properties is at 1 R.N. Mukherjee Road Martin Burn Building 3rd Floor Room – 302 Kolkata, West Bengal, India – 700001.
Forway Properties operates in the financial services industry, in the real estate financing segment.
Forway Properties has open charges of ₹35.01 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Forway Properties is compliant as of 01 August 2026. The company is actively filing with the Registrar of Companies.