Fornido Developers Limited - Company overview

Fornido Developers Limited was incorporated on 27 December 1958 and is registered with ROC Mumbai I.

1958-12-27 Mumbai, Maharashtra Active Unlisted Active Compliant
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Key Metrics Public MCA facts are exact. Revenue, profit, assets, and employee figures may show as ranges until unlocked.

REVENUE
₹10–50 Lakh
▼ -62.0%
FY 2023
PROFIT / LOSS
Loss · ₹50 Lakh–1 Cr
▼ -402.7%
FY 2023
EBITDA
Loss · ₹50 Lakh–1 Cr
▼ -7918.0%
FY 2023
NET WORTH
₹10–25 Cr
▼ -6.3%
FY 2023
TOTAL ASSETS
₹100–500 Cr
▲ 0.8%
FY 2023
OPEN CHARGES
1
-
PAID-UP CAPITAL
9.00 cr
AUTHORISED CAPITAL
25.00 cr
COMPANY AGE
67 Years 10 Months
since 1958-12-27
LAST FILING WITH ROC
2025-03-31
Last AGM: 2025-09-29
ACTIVE GST
1
Updated: 2023-02-26 13:43:34
SATISFIED CHARGES
1
97.50 cr

Company Health Scores Scores from 0–100 based on filings, compliance signals, financials, and board history on this profile.

Health scores for Fornido Developers Limited covering vendor trust, statutory compliance, financial health and director risk - derived from MCA filings, GST and EPFO records, financial statements and the company's board history.

Vendor Trust Score Moderate
73/100
Overall counterparty comfort for vendors and customers.
  • Blend of compliance (81), financial health (40), director (95) and company-foundation signals.
  • Operating for 67+ years.
Compliance Score Low risk
81/100
Statutory filings, status and regulatory flags.
  • Company status is Active as per MCA.
  • Last balance sheet filed for Mar 2025 - slightly behind.
Financial Health Score High risk
40/100
Profitability, leverage and liquidity from filed statements.
  • Loss-making in FY 2023.
  • Positive net worth.
Director Risk Score Low risk
95/100
Board strength, DIN status and churn.
  • 5 directors on the board.
  • No disqualified or deactivated DINs on the current board.
Scores are derived from MCA filings, financial statements and public records on this page. Higher is safer. They are indicative, not a credit rating.
360° Intelligence Report: trust score, financial health, credit risk, growth & distress signals - auto-generated from filings. View report →

About Fornido Developers Limited Company identity, industry, contact, and registration details from MCA and company records.

Fornido Developers Limited was incorporated on 27 December 1958 and is registered with ROC Mumbai I. It is an active public limited company, now more than 67 years old. The registered office is in Mumbai, Maharashtra. It was earlier known as Enpro Limited.

In its MCA filings the main business is listed as construction of buildings, which made up 100% of turnover.

It has five directors: Rupal Rupin Ashar, Sandeep Popatlal Patel, Vijetha Sandeep Shetty and 2 others. The longest-serving is Sandeep Popatlal Patel, on the board since 2017; the most recent to join is Vijetha Sandeep Shetty, appointed in October 2024. 13 former directors are on record; the most recent to leave was Sanjay Nelson Stephens in September 2018.

₹9 crore of its ₹25 crore authorised capital is paid up (about 36%). Its latest balance sheet on MCA is for the year ending 31 March 2025, and the last AGM was on 29 September 2025. The one charge registered against it has been satisfied, so no secured loan is open.

Real Estate and Construction ••••••••
  • Location Shop No.15, 1St Lower Portion Floor, Om Heera Panna Pre. Chs, Cts No. 1 Pt., Andheri O, Mumbai, Maharashtra - 400053
Name History
Legal NameFornido Developers Limited
CIN / LLPINU29290MH1958PLC011247
Company No.011247
ClassificationPublic Limited Indian Non-Government Company
Incorporation Date1958-12-27
Date of AGM2025-09-29
Date of Balance Sheet2025-03-31
Listing StatusUnlisted
ROC CodeRoc Mumbai I
PAN
LEI Number
Active ComplianceActive Compliant

Current Directors of Fornido Developers Limited (5) Current board members from MCA filings, including designation and appointment details.

R
CFO | Since 2019-04-01 | DIN: 06838708
S
Director | Since 2017-02-27 | DIN: 01774031
V
Additional Director | Since 2024-10-03 | DIN: 06539046
J
Jayalakshmi Rajesh Iyer
Company Secretary | Since 2019-04-01
R
Rupal Rupin Ashar
CFO | Since 2019-04-01

Financial Performance of Fornido Developers Limited Bands and Low / Medium / High trend shape. Exact figures unlock with your report.

Estimated bands · FY 2023
Revenue ₹10–50 Lakh ▼ -62.0%
P&L Loss · ₹50 Lakh–1 Cr ▼ -402.7%
EBITDA Loss · ₹50 Lakh–1 Cr ▼ -7918.0%
Net worth ₹10–25 Cr ▼ -6.3%

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Charges of Fornido Developers Limited Open and satisfied charges registered against the company with MCA.

The Ratnakar Bank Limited : 97.50 cr
Open Charges: 1 Satisfied Charges: 1
Open -
Satisfied 97.50 cr
LenderAmountStatus
The Ratnakar Bank Limited
Creation Date: 20 Feb 2014
97.50 cr Closed

Business Activity Principal business activity and turnover mix from MCA filings.

Activity GroupDescriptionTurnover %
ConstructionConstruction of buildings100

Financial Ratios of Fornido Developers Limited Profitability, leverage, and liquidity ratios from filed statements. Exact values unlock with your report.

8 years of ratios on record

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Net profit margin Debt / Equity Current ratio ROE

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Shareholding Pattern of Fornido Developers Limited Ownership and contribution detail from filings. Full breakdown unlocks with your report.

7 shareholder categories on record

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Ownership mix Category breakdown Year-wise pattern Promoter holding

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GST Compliance of Fornido Developers Limited GST registrations and filing status by state. Full compliance detail unlocks with your report.

State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.

GSTIN registrations State-wise filing status HSN and SAC details Tax jurisdiction records

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Credit Ratings, Litigation & Regulatory Alerts for Fornido Developers Limited Ratings, court records, and regulatory alerts. Full risk detail unlocks with your report.

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Rating history Court and tribunal cases Regulatory alerts Director-linked violations

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MSME Payment Delays by Fornido Developers Limited MSME supplier payment delays and filing history. Full amounts unlock with your report.

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Outstanding amounts Delay periods and reasons MSME-1 filing history Vendor payment signals

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Subsidiaries & Group Companies of Fornido Developers Limited Parent, subsidiary, and related group entities. Full ownership map unlocks with your report.

2 subsidiaries on record

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Parent company Subsidiaries and ownership Associates and joint ventures Entity investments

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MCA Filings & Documents of Fornido Developers Limited Official MCA forms, returns, and filing index. Document access unlocks with your report.

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Incorporation documents Annual returns and statements Charge filings Complete filing index

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Frequently Asked Questions about Fornido Developers Limited Common questions about this company from MCA and profile data. Some answers are limited until unlocked.
Who is the owner of Fornido Developers Limited?
MCA does not publish an "owner" field. Fornido Developers Limited is run by its directors, Rupal Rupin Ashar, Sandeep Popatlal Patel, Vijetha Sandeep Shetty and two others. The people who own the shares are listed in its annual return (form MGT-7), which can differ from the directors.
Who are the current board members and directors of Fornido Developers Limited?
Fornido Developers Limited has five current directors: Rupal Rupin Ashar (since April 2019), Sandeep Popatlal Patel (since February 2017), Vijetha Sandeep Shetty (since October 2024), Jayalakshmi Rajesh Iyer (since April 2019) and Rupal Rupin Ashar (since April 2019).
What is CIN of Fornido Developers Limited?
The CIN of Fornido Developers Limited is U29290MH1958PLC011247. Reading it left to right: U means it is not listed, 29290 is the industry code it registered under, MH is Maharashtra, 1958 is the year it was registered, PLC is the company type and 011247 is its registration number.
When was Fornido Developers Limited incorporated?
Fornido Developers Limited was incorporated on 27 December 1958 with ROC Mumbai I. That makes it more than 67 years old.
What is the registered address of Fornido Developers Limited?
The registered office on MCA records is Shop No.15, 1St Lower Portion Floor, Om Heera Panna Pre. Chs, Cts No. 1 Pt., Andheri O, Mumbai, Maharashtra - 400053.
What is the current status of Fornido Developers Limited?
MCA shows Fornido Developers Limited as Active, and its last AGM on record was in September 2025.
What is the contact number or email for Fornido Developers Limited?
You can post to its registered office at Shop No.15, 1St Lower Portion Floor, Om Heera Panna Pre. Chs, Cts No. 1 Pt., Andheri O, Mumbai, Maharashtra - 400053.
What industry or business activity is Fornido Developers Limited associated with?
Its MCA filings list the main business as construction of buildings (100% of turnover).
What is paid-up capital and authorised share capital of Fornido Developers Limited?
Paid-up capital is ₹9 crore and authorised capital is ₹25 crore, so about 36% of the authorised amount has been issued.
When did Fornido Developers Limited last file accounts and hold an AGM?
The last AGM on record was on 29 September 2025, and the latest balance sheet is for the year ending 31 March 2025.
Where can I see charges and lenders for Fornido Developers Limited?
No charge is open. The one charge registered against Fornido Developers Limited has been satisfied. Lenders named in the filings include The Ratnakar Bank Limited.
Have any directors left Fornido Developers Limited?
Yes, 13 former directors are on record. The most recent to leave were Sanjay Nelson Stephens (September 2018), Suresh Seena Shetty (September 2018) and Rohit Ramnath Katyal (December 2017).
What is the turnover or revenue of Fornido Developers Limited?
Based on filed financial statements, the revenue of Fornido Developers Limited for FY 2023 was in the ₹10–50 Lakh range. That is down 62.0% on the previous year. Exact year-wise revenue, profit and balance sheet figures are on the Financial tab.
What is the net worth of Fornido Developers Limited?
For FY 2023, the net worth of Fornido Developers Limited was in the ₹10–25 Cr range.
How can I get the financial details of Fornido Developers Limited?
The latest accounts on record are for FY 2023. The Financial tab has year-wise profit and loss, balance sheet and ratios, with exact figures after you sign in.
Fornido Developers Limited - is it listed or unlisted?
Fornido Developers Limited is unlisted, so its shares are not traded on a stock exchange. Its CIN starts with U for the same reason.
What is the ROC code of Fornido Developers Limited?
Fornido Developers Limited is registered with ROC Mumbai I.
What is the company classification of Fornido Developers Limited?
MCA classifies Fornido Developers Limited as: Public Limited Indian Non-Government Company.
Does Fornido Developers Limited have subsidiaries?
Yes, 2 subsidiaries are on record for Fornido Developers Limited.
Does Fornido Developers Limited have GST registrations on file?
Yes, one active GST registration is linked to Fornido Developers Limited.

Disclaimer: Data on this page is compiled from public sources as available in our system at the time of the last update and is for general information only. Scores are derived indicators, not credit ratings or advice - please verify from official sources and consult a professional before making any business or financial decision.