About Forysta Ventures Limited
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Forysta Ventures Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the IT consulting and support services segment of the technology and IT services sector. It was incorporated on 13 May 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74900MH2008PLC182173. Its GSTIN is 27AABCF2273N1ZE (Maharashtra).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It is led by directors including Kunal Ashok Mehta and Ashok Jayantilal Mehta.
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 is at A – 65 Varma Villa Vithalbhai Road Vile Parle (West), Mumbai, Maharashtra, India – 400056.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.49 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹16.35 Lakh (net margin 6.6%) and EBITDA of ₹28.28 Lakh (EBITDA margin 11.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 24% over five years.
The company is associated with 1 brand: Inloyal. The company has 1 deal on record (1 acquisition); the latest was in September 2016. Its 10 peer companies in the Outsourcing industry (Diversified BPO) are compared by revenue, 5 larger and 5 smaller; the largest is Multi Specialty Management Services Private Limited with revenue of ₹2.5 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website inloyal.com.
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- Registered AddressA – 65 Varma Villa Vithalbhai Road Vile Parle (West), Mumbai, Maharashtra, India – 400056
- IndustryInformation Technology, IT Consulting & Support Services
- 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
- One PDF report, delivered after checkout
Business Activity of Forysta Ventures Limited
The main business activity of Forysta Ventures is information and communication. In detail, this covers other information & communication service activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Forysta Ventures Limited FY 2024 filings available
Forysta Ventures Limited reported revenue of ₹2.49 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Forysta Ventures Limited
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 24%. EBITDA fell 34% 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 of Forysta Ventures Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹28.28 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹16.35 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Forysta Ventures Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 6.6% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Forysta Ventures are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Forysta Ventures Limited
Forysta Ventures Limited is compared with the companies closest to it by revenue in the Outsourcing industry (Diversified BPO). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Multi Specialty Management Services Private Limited | ₹2.5 Cr (FY 2023) | •••• | •••• | -57.0% | •••• | Indore, Madhya Pradesh, India |
| Osswal Business Services Private Limited | ₹2.5 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Indore, Madhya Pradesh, India |
| Unites Business Solutions Private Limited | ₹2.5 Cr (FY 2019) | •••• | •••• | -3.0% | •••• | Thane, Maharashtra, India |
| RVT & Associates Private Limited | ₹2.49 Cr (FY 2024) | •••• | •••• | 113.0% | •••• | New Delhi, Delhi, India |
| Edvanta Technologies Private Limited | ₹2.49 Cr (FY 2024) | •••• | •••• | -8.0% | •••• | Noida, Uttar Pradesh, India |
| Forysta Ventures Limited this company | ₹2.49 Cr (FY 2025) | •••• | •••• | -4.0% | •••• | Mumbai, Maharashtra, India |
| Vivazperk Business Services (OPC) Private Limited | ₹2.48 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Vadodara, Gujarat, India |
| Ascent BPO Services Private Limited | ₹2.48 Cr (FY 2024) | •••• | •••• | 36.0% | •••• | Delhi, India |
| Sunrise Outsourcing Private Limited | ₹2.47 Cr (FY 2022) | •••• | •••• | 22.0% | •••• | Budaun, Uttar Pradesh, India |
| Glotic Outsourcing India Private Limited | ₹2.47 Cr (FY 2025) | •••• | •••• | 70.0% | •••• | Rajpura, Punjab, India |
| Virtual Assistant Private Limited | ₹2.47 Cr (FY 2025) | •••• | •••• | -48.0% | •••• | Noida, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Forysta Ventures by revenue in the Outsourcing industry (Diversified BPO), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Forysta Ventures Limited
Forysta Ventures Limited is audited by SURESH JOSHI & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SURESH JOSHI & CO. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Forysta Ventures Limited
Forysta Ventures has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kunal Ashok Mehta | Director | 13 May 2008 | 18 Years 4 Months | Current |
| Ashok Jayantilal Mehta Also directs: Metcraft Alloys Private Limited | Director | 13 May 2008 | 18 Years 4 Months | Current |
| Urvi Mehta Kunal | Director | 02 Mar 2015 | 11 Years 7 Months | Current |
| Jyotsna Ashok Mehta | Director | 13 May 2008 | 18 Years 4 Months | Current |
Ownership and Shareholding of Forysta Ventures Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Forysta Ventures Limited
Forysta Ventures Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Forysta Ventures Limited
Forysta Ventures Limited has 1 deal on record (1 acquisition); the latest was in September 2016.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2016 | Acquisition | Undisclosed | Buyer: Hansa Customer Equity Private Limited Seller: Forysta Ventures Limited |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Forysta Ventures Limited
Forysta Ventures operates one associated brand: Inloyal. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Digital loyalty pocket app for shoppers | inloyal.com |
Employees and EPFO Compliance at Forysta Ventures Limited
Employment history and EPFO contributions of people linked to Forysta Ventures.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Forysta Ventures Limited
Recent Activity on Forysta Ventures Limited
Forysta Ventures Limited has 5 board changes on record since 2008: 4 appointments and 1 cessation. The latest: Urvi Mehta Kunal ceased to be Additional Director on 30 Sep 2015.
Credit Ratings, Litigation & Regulatory Alerts for Forysta Ventures Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- 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 Forysta Ventures Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- 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 Forysta Ventures Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Forysta Ventures Limited
Forysta Ventures has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCF2273N1ZE | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Forysta Ventures Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Forysta Ventures Limited
Forysta Ventures is an active public limited company based in Mumbai, Maharashtra, India. The company works in IT consulting and support services, within the information technology industry. It was incorporated on 13 May 2008 (18+ years old) and is registered under CIN U74900MH2008PLC182173.
Forysta Ventures reported revenue of ₹2.49 Cr for FY 2025 (down 4% YoY).
Forysta Ventures has 4 current directors:
- Kunal Ashok Mehta - Director
- Ashok Jayantilal Mehta - Director
- Urvi Mehta Kunal - Director
- Jyotsna Ashok Mehta - Director
Forysta Ventures reported a net profit of ₹16.35 Lakh (net margin 6.6%) and EBITDA of ₹28.28 Lakh (EBITDA margin 11.4%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Forysta Ventures is 13% over three years and 24% over five years. In the latest year (FY 2025) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Forysta Ventures is 27AABCF2273N1ZE, registered in Maharashtra.
The CIN (Corporate Identification Number) of Forysta Ventures is U74900MH2008PLC182173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forysta Ventures was incorporated on 13 May 2008, making it 18+ years old. It is registered with the Registrar of Companies, Mumbai.
Forysta Ventures has 1 deal on record (1 acquisition); the latest was in September 2016.
The peers of Forysta Ventures by revenue are Multi Specialty Management Services Private Limited, Osswal Business Services Private Limited, Unites Business Solutions Private Limited, RVT & Associates Private Limited, Edvanta Technologies Private Limited and 5 more, all in the Outsourcing industry (Diversified BPO).
Urvi Mehta Kunal ceased to be Additional Director on 30 Sep 2015. Urvi Mehta Kunal was appointed as Director on 02 Mar 2015. Ashok Jayantilal Mehta was appointed as Director on 13 May 2008. Forysta Ventures has 5 board changes on record in total.