About Forerun Computers and Systems Private Limited
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Forerun Computers and Systems Private Limited is a private limited company based in Kp Vallon Road, Kerala, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 31 May 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72200KL2010PTC026083. Its GSTIN is 32AABCF5433C1ZA (Kerala). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Nex Pallath Antony (Managing Director) and Santin Siju.
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 Door No. 1619A Gianna'S Square, Kp Vallon Road, Kerala, India – 682020.
As per the financials filed for FY 2024, the company reported a revenue of ₹45.99 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹91.62 Lakh (net margin -2%) and EBITDA of ₹45.1 Lakh (EBITDA margin 1%). Revenue has declined at a compounded annual rate (CAGR) of 46% over three years and 29% over five years.
The company has about 94 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹4.49 Cr and satisfied charges of ₹3.46 Cr on record. Court records list 19 cases involving the company, including 17 filed by the company and 2 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forerunsystems.in.
Company details
Contact details
Forerun Computers and Systems Private Limited's registered office is in Kp Vallon Road, Kerala. Its website is forerunsystems.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressDoor No. 1619A Gianna'S Square, Kp Vallon Road, Kerala, India – 682020
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Forerun Computers and Systems 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 Forerun Computers and Systems 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 Forerun Computers and Systems Private Limited, buy the company report.
Financials of Forerun Computers and Systems Private Limited
FY 2024 filings availableForerun Computers and Systems Private Limited reported revenue of ₹45.99 Cr (down 70% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 70% fall in the latest year. EBITDA fell 86% 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 | ₹45.1 Lakh | ||||
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| Net Profit (PAT) | -₹91.62 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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| Profitability | |||||
| EBITDA Margin | 1% | ||||
| Net Profit Margin | -2% | ||||
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To see the full financial statements and ratios of Forerun Computers and Systems Private Limited, buy the company report.
Board of directors of Forerun Computers and Systems Private Limited
Forerun Computers and Systems has 6 directors on record. No former directors are listed.
Peer comparison
Forerun Computers and Systems Private Limited is compared with the 5 companies closest to it by revenue in the Information Technology industry (IT Products 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 |
|---|---|---|---|---|---|---|
| MRV Infotech India Private Limited | ₹46.18 Cr (FY 2025) | 10.0% | Chennai, Tamil Nadu, India | |||
| Netware Computers Private Limited | ₹46.17 Cr (FY 2025) | 4.0% | Gurgaon, Haryana, India | |||
| Vivo Technologies Private Limited | ₹46.04 Cr (FY 2025) | 32.0% | New Delhi, Delhi, India | |||
| Forerun Computers and Systems Private Limitedthis company | ₹45.99 Cr (FY 2024) | -₹91.62 Lakh | -2% | -70.0% | 94 | Kp Vallon Road, Kerala, India |
| Arcastech Global Private Limited | ₹45.95 Cr (FY 2025) | 247.0% | Bangalore, Karnataka, India | |||
| Elite Computers and Communications Private Limited | ₹45.45 Cr (FY 2025) | 140.0% | Guwahati, Assam, India |
To see the full peer comparison of Forerun Computers and Systems Private Limited, buy the company report.
Auditor
Forerun Computers and Systems Private Limited is audited by Sunny Joseph & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sunny Joseph & Associates | FY 2023 | 010911S |
Shareholding
The shareholding of Forerun Computers and Systems Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Public | |||||
| Others |
To see the full shareholding pattern of Forerun Computers and Systems Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Apr 2024 | 100917070 | Others | ₹25 Lakh | Open | |
| 23 Apr 2024 | 100917077 | Others | ₹25 Lakh | Open | |
| 26 May 2023 | 100723213 | Standard Chartered Bank | ₹3.99 Cr | Open | |
| 09 Jun 2023 | 100735524 | The South Indian Bank Limited | ₹50 Lakh | Satisfied | |
| 07 Jun 2023 | 100735521 | Others | ₹36 Lakh | Satisfied |
To see the full charge records of Forerun Computers and Systems Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Forerun Computers and Systems Private Limited has 19 court cases on record: 17 filed by Forerun Computers and Systems, 2 filed against it. 2 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 1 | 2 |
| High courts | 2 | 1 | 0 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, New Delhi, Delhi | Civil suit | Filed against the company by M/S Opple Lighting India Private Limited | Disposed |
| District court, Ernakulam, Kerala | Court case (LP) | Filed by the company against an individual | Pending |
| District court, Palakkad, Kerala | Criminal complaint | Filed by the company against individuals | Pending |
| District court, Ernakulam, Kerala | Criminal complaint | Filed by the company against individuals | Disposed |
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against M/S. T.K.A. Digital Hub and 1 other | Disposed |
To see the full case history of Forerun Computers and Systems 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 Forerun Computers and Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Forerun Computers and Systems Private Limited has a workforce of 94 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Forerun Computers and Systems has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AABCF5433C1ZA | Kerala | Active | 01 Jul 2017 |
| 32AADCF2612H2Z6 | Kerala | Active | 17 Jan 2018 |
To see the full GST registrations and return filing status of Forerun Computers and Systems Private Limited, buy the company report.
Recent activity
Forerun Computers and Systems Private Limited has 6 board changes on record since 2010: 6 appointments. The latest: Raj Mathew was appointed as Director on 16 Jun 2010.
8 earlier events are in the company report.
Frequently asked questions
Forerun Computers and Systems is an active private limited company based in Kp Vallon Road, Kerala, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 31 May 2010 (16+ years old) and is registered under CIN U72200KL2010PTC026083.
Forerun Computers and Systems has 6 current directors:
- Nex Pallath Antony - Managing Director
- Santin Siju - Director
- Nisha George - Director
- Harish Kunjumon - Director
- Sibin Vincent - Director
- Raj Mathew - Director
The latest financial statements of Forerun Computers and Systems 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.
The GSTIN of Forerun Computers and Systems is 32AABCF5433C1ZA, registered in Kerala. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 32AADCF2612H2Z6 (Kerala).
The CIN (Corporate Identification Number) of Forerun Computers and Systems is U72200KL2010PTC026083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forerun Computers and Systems has 19 court cases on record: 17 filed by the company and 2 filed against it. 2 are pending. Most are in the district courts.
Forerun Computers and Systems was incorporated on 31 May 2010, making it 16+ years old. It is registered with the Registrar of Companies, Ernakulam.
The peers of Forerun Computers and Systems by revenue are MRV Infotech India Private Limited, Netware Computers Private Limited, Vivo Technologies Private Limited, Arcastech Global Private Limited, Elite Computers and Communications Private Limited, all in the Information Technology industry (IT Products Retail and Distribution), with the same principal business activity (wholesale trading).
Raj Mathew was appointed as Director on 16 Jun 2010. Harish Kunjumon was appointed as Director on 31 May 2010. Nex Pallath Antony was appointed as Managing Director on 31 May 2010. Forerun Computers and Systems has 6 board changes on record in total.
Forerun Computers and Systems can be reached through the website forerunsystems.in. Its registered office is in Kp Vallon Road, Kerala, India.
The registered office of Forerun Computers and Systems is at Door No. 1619A GiannaS Square, Kp Vallon Road, Kerala, India – 682020.