About Riverforest Connections Private Limited
Data last updated:
Riverforest Connections Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 01 March 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74910MH2004PTC144805. Its GSTIN is 27AABCH4077Q1Z0 (Maharashtra). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as H R Folks Consulting Private Limited. It is led by directors Kavita Shermon Ganesh and Hemdeep Vithaldas Prajapat.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 9th Floor Khar Gardens 10th Road Khar (West), Mumbai, Maharashtra, India – 400062.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.57 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹5.57 Lakh (net margin 2.2%) and EBITDA of ₹12.62 Lakh (EBITDA margin 4.9%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 13% over five years.
The company is associated with 1 brand: River Forest. As per MCA filings, the company has open charges of ₹18.4 Lakh 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 riverforestconnections.com.
Company details
Contact details
Riverforest Connections Private Limited's registered office is in Mumbai, Maharashtra. Its website is riverforestconnections.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address9th Floor Khar Gardens 10th Road Khar (West), Mumbai, Maharashtra, India – 400062
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Riverforest Connections 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
Brands
Riverforest Connections operates one associated brand: River Forest. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provides executive search, workforce solutions, and hiring services in diverse sectors globally. | riverforestconnections.com |
Business activity
The main business activity of Riverforest Connections is administrative and support service activities. In detail, this covers employment activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Administrative and support service activities | 78 | Employment activities |
To see the full business activity and turnover split of Riverforest Connections Private Limited, buy the company report.
Financials of Riverforest Connections Private Limited
FY 2024 filings availableRiverforest Connections Private Limited reported revenue of ₹2.57 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 2% growth in the latest year. EBITDA rose 218% 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 |
|---|---|---|---|---|---|
| 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 | ₹12.62 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.57 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
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.9% | ||||
| Net Profit Margin | 2.2% | ||||
| 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 | |||||
To see the full financial statements and ratios of Riverforest Connections Private Limited, buy the company report.
Board of directors of Riverforest Connections Private Limited
Riverforest Connections 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 |
|---|---|---|---|---|
| Kavita Shermon Ganesh Also directs: Riverforest Investments Private Limited | Director | 26 Mar 2015 | 11 Years 7 Months | Current |
| Hemdeep Vithaldas Prajapat Also directs: Riverforest Investments Private Limited | Director | 23 May 2025 | 1 Years 5 Months | Current |
Auditor
Riverforest Connections Private Limited is audited by NILESH DARJI & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| NILESH DARJI & ASSOCIATES | FY 2023 | 113374 |
Shareholding
The shareholding of Riverforest Connections Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Riverforest Connections Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Mar 2024 | 100902459 | Hdfc Bank Limited | ₹18.4 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Riverforest Connections 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 Riverforest Connections Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Riverforest Connections has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCH4077Q1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Riverforest Connections Private Limited, buy the company report.
Recent activity
Riverforest Connections Private Limited has 8 board changes on record since 2007: 2 appointments and 6 cessations. The latest: Hemdeep Vithaldas Prajapat was appointed as Director on 23 May 2025.
Frequently asked questions
Riverforest Connections is an active private limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 01 March 2004 (22+ years old) and is registered under CIN U74910MH2004PTC144805.
Riverforest Connections has 2 current directors:
- Kavita Shermon Ganesh - Director
- Hemdeep Vithaldas Prajapat - Director
The latest financial statements of Riverforest Connections on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Riverforest Connections is 27AABCH4077Q1Z0, registered in Maharashtra. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Riverforest Connections is U74910MH2004PTC144805. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Riverforest Connections was incorporated on 01 March 2004, making it 22+ years old. It is registered with the Registrar of Companies, Mumbai.
Hemdeep Vithaldas Prajapat was appointed as Director on 23 May 2025. Rajalakshmi Ramamurthy ceased to be Director on 30 Apr 2025. Anavir Ganesh Shermon ceased to be Director on 01 Sep 2020. Riverforest Connections has 8 board changes on record in total.
Riverforest Connections can be reached through the website riverforestconnections.com. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Riverforest Connections is at 9th Floor Khar Gardens 10th Road Khar West, Mumbai, Maharashtra, India – 400062.
Riverforest Connections operates in the business outsourcing industry, in the HR outsourcing and talent management segment.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
