Karvy Forde Search Private Limited

Karvy Forde Search Private Limited - business outsourcing in Hyderabad, Telangana, India. FY 2026 financials and compliance.
CIN U74140TG2001PTC036741 Incorporated 17 May 2001 ROC Hyderabad HQ Hyderabad, Telangana, India
Active Private Limited Company business outsourcing
Data last updated
Revenue · FY 2020
₹107.33 Cr
▼ 13.00% YoY
EBITDA · FY 2020
*****
▼ 1.00% YoY
Net profit · FY 2020
*****
▼ 37.00% YoY
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹5.03 Cr
Issued & subscribed
Open charges
₹15 Cr
Secured borrowings
Company age
25 yrs
Est. 2001
Employees · EPFO
1
Latest available

About Karvy Forde Search Private Limited

Data last updated: 07 February 2026

Karvy Forde Search Private Limited is a private limited company based in Hyderabad, Telangana, India, a subsidiary of Karvy Data Management Services Limited. It specialises in HR outsourcing and talent management, a part of the broader business process outsourcing sector. Incorporated on 17 May 2001, the company has been in operation for over 25 years.

Registered with ROC Hyderabad under CIN U74140TG2001PTC036741.

Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹5.03 Cr. Formerly known as Forde Search India Private Limited and Forde Search (I) Private Limited. It is led by directors including Phanindra Kumar Alapati and Bharat Naidu Bobbili.

Last AGM: 30 December 2020. Financial statements filed for year ended 31 March 2020. Office: Karvy Gateway Plot No. 38 & 39 Financial District Nanakramguda, Hyderabad, Telangana, India – 500032.

As per the financials filed for FY 2020, the company reported a revenue of ₹107.33 Cr, a decline of 13% compared to the previous year.

The company has a workforce of approximately 1 employees as per the latest available data. It operates as a subsidiary of Karvy Data Management Services Limited.

The company is associated with 2 brands - Karvy Forde Search, Karvy. As per MCA filings, the company has open charges of ₹15 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 fordeindia.com.

Company Details of Karvy Forde Search Private Limited
CIN U74140TG2001PTC036741
Registration Number 036741
Incorporation Date 17 May 2001
ROC Hyderabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 December 2020
Date of Balance Sheet 31 March 2020
Parent Company Karvy Data Management Services Limited
Compliance Status Active Compliant
Contact Details
  • Email
    *****@*****.com
  • Telephone
    **************
  • Website
  • Social Media
  • Registered Address
    Karvy Gateway Plot No. 38 & 39 Financial District Nanakramguda, Hyderabad, Telangana, India – 500032
  • Industry
    Business Outsourcing, HR Outsourcing & Talent Management
Company report
Karvy Forde Search Private Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Karvy Forde Search Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Karvy Forde Search Private Limited

Karvy Forde Search Private Limited has undergone 2 name changes throughout its history. The company was previously known as Forde Search India Private Limited, and Forde Search (I) Private Limited. The current legal name is Karvy Forde Search Private Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Karvy Forde Search Private Limited Current
Forde Search India Private Limited Previous
Forde Search (I) Private Limited Previous

CIN History of Karvy Forde Search Private Limited

Karvy Forde Search Private Limited has one previous CIN (Corporate Identification Number): U74140AP2001PTC036741. The current CIN is U74140TG2001PTC036741, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U74140TG2001PTC036741 Current
U74140AP2001PTC036741 Previous

Associated Brands with Karvy Forde Search Private Limited

Karvy Forde Search Private Limited operates two associated brands: Karvy Forde Search and Karvy. These brands represent Karvy Forde Search Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Provides HR consulting services for policy design, compliance, and talent management. karvyforde.com
Financial services and wealth management are provided by Karvy. karvy.com

Competitors & Alternatives of Karvy Forde Search Private Limited

Brands and companies operating in the same space as Karvy Forde Search Private Limited include Fidelity Investments, UTI Mutual Fund, Randstad and 7 more.

Competitor Description Location Founded
Fidelity Investments Fidelity Investments Provider of brokerage accounts, retirement planning, wealth management, and trading platforms Boston, United States, United States 1946
UTI Mutual Fund UTI Mutual Fund Mutual funds, portfolio management, and retirement planning services are offered. Mumbai, India, India 2001
Randstad Randstad HR consulting, recruitment, and outsourcing services are offered worldwide. Diemen, Netherlands, Netherlands 1960
Goldman Sachs Goldman Sachs Investment banking services are delivered across multiple financial sectors. New York, United States, United States 1869
CIEL HR CIEL HR HR management, recruitment, and staffing services are provided. Bengaluru, India, India 2015
S&P Global S&P Global Platform offering business intelligence solutions that combine data and actionable analytics for clients New York, United States, United States 1917
Alera Group Alera Group HR, insurance, and liability services are provided by Alera Group. Deerfield, United States, United States 1995
Bank of America Bank of America Commercial banking and asset management services are offered worldwide. Charlotte, United States, United States 1904
State Street State Street Financial services are provided to asset managers worldwide. Boston, United States, United States -
UKG UKG Provider of HR and payroll & workforce management solutions Weston, United States, United States 1977

Business Activity of Karvy Forde Search Private Limited

Karvy Forde Search Private Limited is engaged in the principal business activity of support service to organizations, with detailed activities including placement agencies and hr management services.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
N Support service to Organizations N2 Placement agencies and HR management services *********

Auditor Details of Karvy Forde Search Private Limited

Karvy Forde Search Private Limited is audited by LALITH PRASAD AND CO for the financial year 2020. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
LALITH PRASAD AND CO blur-value blur-value blur-value

Board of Directors of Karvy Forde Search Private Limited

Karvy Forde Search Private Limited is currently managed by 3 directors, with 14 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Phanindra Kumar Alapati Director 04 Dec 2020 5 Years 7 Months Current
Bharat Naidu Bobbili Director 29 Sep 2012 13 Years 9 Months Current
Murali Krishna Chakka Director 04 Dec 2020 5 Years 7 Months Current

Financials of Karvy Forde Search Private Limited FY 2020 filings available

Karvy Forde Search Private Limited reported revenue of ₹107.33 Cr (down 13% YoY) for FY 2020. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹107.33 Cr ▼ -13%
Profit
***** ▼ -37%
EBITDA
***** ▼ -1%
Metrics
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Revenue
Revenue from Operations
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
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Non-Cash Adjustments
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
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ICR
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Karvy Forde Search Private Limited

As of FY 2020, Karvy Forde Search Private Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Charges & Borrowings of Karvy Forde Search Private Limited

Open charges
₹15 Cr
Satisfied charges
₹0
Breakdown by lending institutions
Axis Bank Limited₹15.00 Cr
Latest charge details
DateLenderAmountStatus
29 Oct 2018 Axis Bank Limited ₹15 Cr Open

Total charge records: 1 View all charges

Employees and EPFO Compliance at Karvy Forde Search Private Limited

Karvy Forde Search Private Limited has a workforce of 1 employees as of Apr 08, 2024.

Employee count
1
Active EPFO establishments
1
Employee growth
-90%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Karvy Forde Search Private Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Karvy Forde Search Private Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Karvy Forde Search Private Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Karvy Forde Search Private Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Karvy Forde Search Private Limited

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Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Karvy Forde Search Private Limited

MSME Payment Delays by Karvy Forde Search Private Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Karvy Forde Search Private Limited

Subsidiaries & Group Companies of Karvy Forde Search Private Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Karvy Forde Search Private Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Karvy Forde Search Private Limited

MCA Filings & Documents of Karvy Forde Search Private Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Karvy Forde Search Private Limited

Activity
30 Dec 2020
Karvy Forde Search Private Limited last Annual general meeting of members was held on 30 Dec 2020 as per latest MCA records.
Directors
04 Dec 2020
Phanindra Kumar Alapati was appointed as a Director on 04 Dec 2020 & has been associated with this company since 5 years 7 months.
Directors
04 Dec 2020
Murali Krishna Chakka was appointed as a Director on 04 Dec 2020 & has been associated with this company since 5 years 7 months.
Activity
31 Mar 2020
Karvy Forde Search Private Limited has filed its annual Financial statements for the year ended 31 Mar 2020 with Roc Hyderabad.
Charges
29 Oct 2018
A charge with Axis Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100215503 was registered on 29 Oct 2018.
Directors
29 Sep 2012
Bharat Naidu Bobbili was appointed as a Director on 29 Sep 2012 & has been associated with this company since 13 years 9 months.

Frequently Asked Questions about Karvy Forde Search Private Limited

Karvy Forde Search Private Limited is an active private limited company in the business outsourcing sector based in Hyderabad, Telangana, India. It was incorporated on 17 May 2001 (25+ years old) and is registered under CIN U74140TG2001PTC036741. The company has 1 employees.

Karvy Forde Search Private Limited reported revenue of ₹107.33 Cr for FY 2020 (down 13.00% YoY).

The current directors of Karvy Forde Search Private Limited are:

The primary industry of Karvy Forde Search Private Limited is business outsourcing. The company specifically operates in HR outsourcing and talent management. The company is currently active in this sector.

Karvy Forde Search Private Limited can be reached at the registered office: Karvy Gateway Plot No. 38 & 39 Financial District Nanakramguda, Hyderabad, Telangana, India – 500032, or through the website fordeindia.com.

The authorised capital is ₹10 Cr, and the paid-up capital is ₹5.03 Cr.

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