MSME (Udyam registered) Ministry of MSME
- Udyam number
- UDYAM-KL-02-0037071
Forerun Systems Private Limited - information technology in Ernakulam, Kerala, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹305.18 Cr
▲ 10% YoY
Net profit · FY 2025
₹64.03 Lakh
Net margin 0.2%
EBITDA · FY 2025
₹2.14 Cr
EBITDA margin 0.7%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹15 Lakh
Issued & subscribed
Open charges
₹2.91 Cr
Satisfied ₹4.74 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
86
Provident fund records
About Forerun Systems Private Limited
Data last updated:
Forerun Systems Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the IT products retail and distribution segment of the technology and IT services sector. It was incorporated on 11 January 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U72900KL2019PTC056325. Its GSTIN is 32AADCF6159K1ZI (Kerala).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹15 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 K P Valluvan Road Kochi, Ernakulam, Kerala, India – 682020.
As per the financials filed for FY 2025, the company reported a revenue of ₹305.18 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹64.03 Lakh (net margin 0.2%) and EBITDA of ₹2.14 Cr (EBITDA margin 0.7%).
The company has about 86 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.91 Cr and satisfied charges of ₹4.74 Cr on record. Court records list 21 cases involving the company, including 18 filed by the company and 3 filed against it; 12 cases are pending. The company has 1 deal on record (1 funding round), with disclosed funding of ₹14.6 Lakh; the latest was in December 2022.
Forerun Systems Private Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-KL-02-0037071). For more details, the company can be reached via its website forerunsystems.in.
Company details
CIN U72900KL2019PTC056325
Registration Number 056325
Incorporation Date 11 January 2019
ROC Ernakulam
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification MSME
Udyam Registration UDYAM-KL-02-0037071
Recognitions & Rankings of Forerun Systems
Contact details
Forerun Systems Private Limited's registered office is in Ernakulam, 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 K P Valluvan Road Kochi, Ernakulam, Kerala, India – 682020
- IndustryInformation Technology, IT Products Retail & Distribution
To see the full contact details of Forerun Systems Private Limited, buy the company report.
Comprehensive company report
Forerun Systems Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Forerun Systems is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Forerun Systems Private Limited, buy the company report.
Financials of Forerun Systems Private Limited
FY 2024 filings availableForerun Systems Private Limited reported revenue of ₹305.18 Cr (up 10% YoY) for FY 2025.
Revenue · FY 2025
₹305.18 Cr ▲ 10%
Net profit · FY 2025
₹64.03 Lakh margin 0.2%
EBITDA · FY 2025
₹2.14 Cr margin 0.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
EBITDA CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 177%
5 years · compounded
▲ 324%
Revenue rose 10% in the latest year. EBITDA fell 18% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹2.14 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹64.03 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0.7% | ||||
| Net Profit Margin | 0.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Forerun Systems Private Limited, buy the company report.
Board of directors of Forerun Systems Private Limited
Forerun Systems has 5 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
Auditor
Forerun 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 Systems Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Forerun Systems Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2.91 Cr
Satisfied charges
₹4.74 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Aug 2025 | 101152977 | Others | ₹15.9 Lakh | Open | |
| 21 Mar 2025 | 101073699 | Others | ₹75 Lakh | Open | |
| 09 Apr 2024 | 100911665 | Others | ₹2 Cr | Open | |
| 21 Mar 2023 | 100701314 | The South Indian Bank Limited | ₹2.37 Cr | Satisfied | |
| 29 Jun 2022 | 100597241 | The South Indian Bank Limited | ₹2.37 Cr | Satisfied |
To see the full charge records of Forerun Systems Private Limited, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Forerun Systems Private Limited has 1 deal on record (1 funding round), with disclosed funding of ₹14.6 Lakh; the latest was in December 2022.
Total deals
1
Funding round
1
Disclosed funding
₹14.6 Lakh
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Funding round | ₹14.6 Lakh | Investors: 4 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Forerun Systems Private Limited has 21 court cases on record: 18 filed by Forerun Systems, 3 filed against it. 12 cases are pending and 9 are disposed.
Total cases
21
Filed by the company
18
Filed against the company
3
Pending
12
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 0 | 10 |
| High courts | 4 | 3 | 2 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against Orbit Systems Pvt Ltd and 1 other | Pending |
| High Court of Kerala | Appeal | Filed by the company against Orbit Systems Pvt. Ltd and 1 other | Disposed |
| District court, Ernakulam, Kerala | Criminal case | Filed by the company against an individual | Pending |
| High Court of Kerala | Court case (Crl.MC) | Filed against the company by Tansom Techno Services ,Represented by Its Proprietor Vilas M. | Pending |
| High Court of Kerala | Court case (Crl.MC) | Filed against the company by Tansom Techno Services | Pending |
To see the full case history of Forerun 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 Systems Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Forerun Systems has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 32AADCF6159K1ZI | Kerala | Active | 01 Mar 2019 |
To see the full GST registrations and return filing status of Forerun Systems Private Limited, buy the company report.
Recent activity
Forerun Systems Private Limited has 6 board changes on record since 2019: 5 appointments and 1 cessation. The latest: Raj Mathew was appointed as Director on 25 Aug 2022.
Charges
A charge with Others amounted to Rs. 15.90 Lakh with Charge ID 101152977 was registered on 27 Aug 2025.
Charges
A charge with Others amounted to Rs. 75.00 Lakh with Charge ID 101073699 was registered on 21 Mar 2025.
Charges
A charge with Others of Rs. 200.00 Lakh registered on 09 Apr 2024 with Charge ID 100911665 was modified on 21 Feb 2025.
AGM
Forerun Systems Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 200.00 Lakh with Charge ID 100911665 was registered on 09 Apr 2024.
Filing
Forerun Systems Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ernakulam.
Charges
A charge registered on 21 Mar 2023 via Charge ID 100701314 with The South Indian Bank Limited was fully satisfied on 02 Feb 2024.
Charges
A charge registered on 29 Jun 2022 via Charge ID 100597241 with The South Indian Bank Limited was fully satisfied on 02 Feb 2024.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 237.00 Lakh with Charge ID 100701314 was registered on 21 Mar 2023.
Appointed
Raj Mathew was appointed as Director.
Charges
A charge with The South Indian Bank Limited amounted to Rs. 237.00 Lakh with Charge ID 100597241 was registered on 29 Jun 2022.
Appointed
Harish Kunjumon was appointed as Director.
5 earlier events are in the company report.
Frequently asked questions
Forerun Systems is an active private limited company based in Ernakulam, Kerala, India. The company works in IT products retail and distribution, within the information technology industry. It was incorporated on 11 January 2019 (7+ years old) and is registered under CIN U72900KL2019PTC056325.
Forerun Systems has 5 current directors:
- Nex Pallath Antony - Managing Director
- Santin Siju - Director
- Harish Kunjumon - Director
- Sibin Vincent - Director
- Raj Mathew - Director
The latest financial statements of Forerun 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 FY 2019 are in the company report.
The GSTIN of Forerun Systems is 32AADCF6159K1ZI, registered in Kerala.
The CIN (Corporate Identification Number) of Forerun Systems is U72900KL2019PTC056325. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forerun Systems has 21 court cases on record: 18 filed by the company and 3 filed against it. 12 are pending. Most are in the district courts.
Forerun Systems was incorporated on 11 January 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ernakulam.
Forerun Systems has 1 deal on record (1 funding round), with disclosed funding of ₹14.6 Lakh; the latest was in December 2022.
Raj Mathew was appointed as Director on 25 Aug 2022. Harish Kunjumon was appointed as Director on 08 Apr 2022. Nex Pallath Antony ceased to be Director on 15 Jan 2019. Forerun Systems has 6 board changes on record in total.
Yes, Forerun Systems is registered as an MSME under Udyam registration (number: UDYAM-KL-02-0037071).