Advance Forgings Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 4.18 M
- Company Age 41 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 71.45 Cr
- Satisfied Charges ₹ 56.03 Cr
- Revenue Growth 14.03%
- Profit Growth 6.01%
- Ebitda 10.56%
- Net Worth 14.49%
- Total Assets 3.99%
About Advance Forgings
Advance Forgings Private Limited (AFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 October 1983 and has a history of 41 years and seven months. Its registered office is in Delhi, India.
The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 4.18 M.
The company currently has active open charges totaling ₹71.45 Cr. The company has closed loans amounting to ₹56.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kamaljeet Singh and Manjeet Singh serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74899DL1983PTC016805
- Company No.
016805
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Oct 1983
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Machinery and Equipment
Advance Forgings Private Limited
Explore comprehensive data for Advance Forgings Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Advance Forgings?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kamaljeet Singh  | Director | 21-Oct-1983 | Current |
| Manjeet Singh | Director | 21-Oct-1983 | Current |
Financial Performance of Advance Forgings.
Advance Forgings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.03% increase. The company also saw a slight improvement in profitability, with a 6.01% increase in profit. The company's net worth Soared by an impressive increase of 14.49%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Advance Forgings?
In 2023, Advance Forgings had a promoter holding of 51.98% and a public holding of 48.02%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Amalgamaze Homes LlpKamaljeet Singh and Manjeet Singh are mutual person
Charges (Loans)
Open Charges
₹714.45 M
Satisfied Charges
₹560.30 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 71.45 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 28 Mar 2022 | Hdfc Bank Limited | ₹8.95 M | Open |
| 23 May 2014 | Hdfc Bank Limited | ₹70.55 Cr | Open |
| 10 May 2018 | Citi Bank N.A. | ₹3.00 Cr | Satisfied |
| 06 Aug 2015 | Kotak Mahindra Bank Limited | ₹11.90 Cr | Satisfied |
| 11 Apr 2014 | Hdfc Bank Limited | ₹22.73 Cr | Satisfied |
How Many Employees Work at Advance Forgings?
Advance Forgings has a workforce of 58 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Advance Forgings, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Advance Forgings's trajectory.
Rating
Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.
Alerts
Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.
Latest Updates, News, and FAQs on Advance Forgings
Recent activity within the organization
- Annual General Meeting
Advance Forgings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Advance Forgings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
- Charges
A charge with Hdfc Bank Limited of Rs. 705.50 M registered on 23 May 2014 with Charge ID 10495901 was modified on 18 Dec 2023.
- Charges
A charge registered on 11 Apr 2014 via Charge ID 10494853 with Hdfc Bank Limited was fully satisfied on 03 Aug 2022.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 8.95 M with Charge ID 100576018 was registered on 28 Mar 2022.
- Charges
A charge registered on 02 Sep 2013 via Charge ID 10447259 with Small Industries Development Bank Of India was fully satisfied on 06 Aug 2020.
Frequently asked questions
What is the Incorporation or founding date of Advance Forgings Private Limited?
Advance Forgings Private Limited was incorporated on 21 Oct 1983.
What is authorized share capital and paid-up capital of Advance Forgings Private Limited?
The authorized share capital of Advance Forgings Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.18 M.
Who are the current board members & directors of Advance Forgings Private Limited?
Currently 2 directors are associated with Advance Forgings Private Limited.
- Kamaljeet Singh
- Manjeet Singh
What is the registered address of Advance Forgings Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Advance Forgings Private Limited is 18 Dlf Industrial Areanajafgarh Road India, New Delhi, 110015.
What is the corporate identification number (CIN) and company number of Advance Forgings Private Limited?
The corporate identification number (CIN) of Advance Forgings Private Limited is U74899DL1983PTC016805 and the company number is 016805 as per Ministry of Corporate Affairs (MCA).
What is the official website of Advance Forgings Private Limited?
The Official website of Advance Forgings Private Limited is https://www.advanceforgings.com
What has been the recent revenue trend for Advance Forgings Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Advance Forgings Private Limited has risen by 14.03%.
How many employees does Advance Forgings Private Limited currently have?
As Per 2023 financial reports, 58 employees are currently employed by Advance Forgings Private Limited.
What change has been observed in the net worth of Advance Forgings Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Advance Forgings Private Limited has experienced an upsurge of 14.49%.
What are the total open charges for Advance Forgings Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Advance Forgings Private Limited amount to ₹ 71.45 Cr.
When was the last Balance Sheet of Advance Forgings Private Limited filed with the ROC?
The most recent Balance Sheet for Advance Forgings Private Limited was filed with the ROC on 31 Mar 2024.
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