Forbes Technosys Limited - Due diligence report

A 360° intelligence report on Forbes Technosys: trust score, financial health, credit view, compliance, directors, growth and distress signa…

1991-07-09 Mumbai, Maharashtra Under Cirp Unlisted Active Compliant
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Forbes Technosys — 360° Intelligence Report

Generated from MCA filings & public records
42/100
Trust Score
Caution Indicated

Forbes Technosys is assessed as Caution Indicated with a Trust Score of 42/100. Forbes Technosys is a public limited indian non-government company incorporated in 1991, operating in the Financial Services sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 10 Jul 2026 from the latest processed filings. Forbes Technosys Limited snapshot & full profile →

Financial Health › Caution
Overall Assessment CautionWeakNeutralGoodStrong Weak
Compliance › Caution

Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.

02

Score Card

Higher is safer · rule-based & explainable
Trust ScoreCaution Indicated
42/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
23/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
5/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
45/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
30/100
Early-warning signals - higher means fewer warnings.
03

Financial Intelligence Dashboard

Standalone · 5 filed year(s)

Unlock the full 5-year financial dashboard with charts and year-wise figures.

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Scores and observations on this page are already computed from the real filings - only the underlying figures are locked.

04

Credit & Compliance Intelligence

Why the scores are what they are
Credit Risk Score: 45/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.
  • Externally credit-rated (BB+).

Charges position: 1 open (64.25 Lakh) · 12 satisfied (154.65 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Axis Bank Limited3 48.0 cr
Dcb Bank Limited1 48.0 cr
Others3 48.0 cr
Development Credit Bank Limited6 48.0 cr
Compliance Score: 23/100 Caution Indicated
  • Company status is "Under Cirp" - not Active.
  • Balance sheet slightly behind (Mar 2024).
  • Litigation present in 3 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
RAKESH KUMAR JINDAL 01234567 Director 01/04/2018 6 yrs Approved
SANDEEP PRAMODRAI KADAKIA 01234567 Director 01/04/2018 6 yrs Approved
VINOD BHANDAWAT 01234567 Director 01/04/2018 6 yrs Approved
SANDEEP PRAMODRAI KADAKIA 01234567 Director 01/04/2018 6 yrs Approved
ROHIT ARUN JAYAKAR 01234567 Director 01/04/2018 6 yrs Approved
JAI LAXMIKANT MAVANI 01234567 Director 01/04/2018 6 yrs Approved
  • 6 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
Director & KMP remuneration (FY 2021)
NameDesignationTotal remuneration
A K SharmaManaging Director2.4 cr
R MehtaWhole-time Director1.6 cr
S IyerCFO95.0 L

Remuneration is disclosed in the latest annual return. Unlock full report

06

Ownership & Group Intelligence

As per FY 2021 annual return
Promoter holding
64.27%
Public / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
Forbes Campbell Finance Limited
Subsidiaries
-
Group entities
-
Capital events
30 allotment(s) · 0 transfer(s)

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Group entityRelationship% held
Forbes Campbell Finance Limited Holding Company 74.00%
Forbes & Company Limited Holding Company 74.00%

Key managerial personnel: SANDEEP PRAMODRAI KADAKIA (CFO) · SANDEEP PRAMODRAI KADAKIA (CFO) · ROHIT ARUN JAYAKAR (Managing Director)

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 30
Growth signals & trust indicators
Operating for 35+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Negative net worth.
Adverse company status: Under Cirp.
Compliance score is weak (23/100).
1 open charge(s) registered - assets are encumbered.
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence31/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 3 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment28/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 1 open charge(s) of 64.25 Lakh already registered.
  • Compliance gaps should be priced into terms.
Investor view28/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
09 Jun 2025
Director appointed
RAKESH KUMAR JINDAL (IRP/RP/Liquidator)
23 Aug 2024
Last AGM held
Annual general meeting
08 Aug 2024
Charge satisfied
Others
31 Mar 2024
Latest balance sheet
Filed with ROC
18 Aug 2023
Charge created
Others - 55.40 Lakh
Charge created
Axis Bank Limited - 64.25 Lakh
Charge satisfied
Axis Bank Limited
17 Aug 2023
Charge satisfied
Others
16 Mar 2023
Director ceased
EDDIE DADY POONAWALA
01 Jul 2022
Charge satisfied
Others
Charge satisfied
Development Credit Bank Limited
Charge satisfied
Dcb Bank Limited
30 Jun 2022
Director ceased
RUPA PAWAN KHANNA
13 Jul 2021
Securities allotted
18000000 Equity Shares - 18.00 cr raised
21 Jun 2021
Securities allotted
30000000 Equity Shares - 30.00 cr raised
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
6 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
Carries an external credit rating of BB+ from Icra.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2021 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
Capital has been raised through 30 security allotment(s) - amounts available in the full report.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Shanghai Electric India Private Limited U74999DL2011FTC226334 New Delhi, Delhi, India
Dankuni Yeard Clearing Agency Private Limited U63090WB2013PTC191023 Dankuni, West Bengal, India
Echo Entertainment Private Limited U74110WB2007PTC112737 Saltlake, West Bengal, India
Constellation Consulting Global Services India Private Limited U74999PN2019PTC188002 Pune City, Maharashtra, India
Writer Logistics Private Limited U63000MH1989PTC053420 Mumbai, Maharashtra, India
Sabari Container Terminals Private Limited U63033MH2005PTC154233 Mumbai, Maharashtra, India
Briefs Content Services Private Limited U74999DL2020PTC368627 New Delhi, Delhi, India
Awinsa Life Sciences Private Limited U74999DL2018PTC395289 Delhi, Delhi, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Forbes Technosys before audits and certifications: compliance score 23/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Forbes Technosys: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.

Bankers & NBFCs

Current banker verdict: Enhanced diligence advised. Credit risk score 45/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Forbes Technosys - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 42/100, distress signals and MSME payment-delay disclosures - know whether Forbes Technosys pays its suppliers before you extend credit terms.

Lawyers & Compliance Teams

Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Forbes Technosys - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Forbes Technosys an active company?

Forbes Technosys has MCA status “Under Cirp” with a compliance score of 23/100 (Caution Indicated).

Is Forbes Technosys financially healthy?

Forbes Technosys has a Financial Health Score of 5/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Forbes Technosys?

Its overall Trust Score is 42/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Forbes Technosys?

The ultimate holding entity is Forbes Campbell Finance Limited. 6 active director(s) are on record.

Does Forbes Technosys have loans or charges against its assets?

1 open charge(s) are registered against its assets, and 12 earlier charge(s) stand satisfied.

Is Forbes Technosys up to date with its ROC filings?

Balance sheet slightly behind (Mar 2024). Overall compliance score: 23/100 (Caution Indicated).

Is it risky to lend to Forbes Technosys?

Its Credit Risk Score is 45/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

Disclaimer: This report is generated automatically from MCA filings and public records as available in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice. Verify from official sources and consult a qualified professional before any business, lending or investment decision. If you represent this company and believe any information is inaccurate or outdated, report it here and we will review promptly.