Amforge Industries Limited

Manufactures steel forgings for automotive industry at Chinchwad plant in India.

1971 | Mumbai, Maharashtra (India) | Active
Last Updated: January 05, 2025

Amforge Industries Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 2.88 Cr
  • Company Age 53 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 258.36 Cr
  • Revenue Growth -3.55%
  • Profit Growth 403.28%
  • Ebitda 6.08%
  • Net Worth 15.19%
  • Total Assets 2.81%

About Amforge Industries

Amforge Industries Limited (AIL) was founded in India on 21 April 1971 and has a glorious history of 53 years and nine months.Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 513117.

The Company is engaged in the Automotive 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 20.00 Cr and a paid-up capital of Rs 2.88 Cr.

The company has closed loans amounting to ₹258.36 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Amforge Industries Limited India are Jayesh Thakkar as Ceo, Balasubramanian Konar as Cfo, and Bhavana Shah as Company Secretary. Ajit Walwaikar, Puneet Makar, Jayesh Thakkar, and Three other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L28910MH1971PLC015119

  • Company No.

    015119

  • Stock Symbol

    BSE : 513117

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Apr 1971

  • Date of AGM

    23 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Automotive

Who are the key members and board of directors at Amforge Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Jayesh Thakkar Country flag representing In Managing Director24-May-2024Current
Balasubramanian Konar CFO22-Jul-2024Current
Bhavana Shah Company Secretary06-Dec-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Ajit Walwaikar Country flag representing In Director 11-Nov-2020Current
Puneet Makar Country flag representing In Director 02-Feb-2012Current
Sanjay Posam Country flag representing In Director 05-Aug-2022Current
Navin Sharma Country flag representing In Director 05-Aug-2022Current
Archana Soi Country flag representing In Director 11-Nov-2020Current

Financial Performance of Amforge Industries.

Amforge Industries Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 3.55% decrease. The company also saw a substantial improvement in profitability, with a 403.28% increase in profit. The company's net worth Soared by an impressive increase of 15.19%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-3.55%
Revenue from Operations
Total Assets
2.81%
Profit or Loss
403.28%
Net Worth
15.19%
EBITDA
6.08%

What is the Ownership and Shareholding Structure of Amforge Industries?

In 2023, Amforge Industries had a promoter holding of 56.96% and a public holding of 43.05%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹258.36 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 148.20 Cr
  • The Indl. Credit Ad Ivestment Corporation India Ltd. : 18.07 Cr
  • Gda Trustee And Concultancy Pvt Ltd. : 14.19 Cr
  • Anz Grindlays Bank : 8.75 Cr
  • Indl. Devlopment Bank Of India : 5.58 Cr
  • Others : 63.58 Cr

Latest Charge Details

DateLenderAmountStatus
13 Dec 1999Indl. Devlopment Bank Of India₹4.80 CrSatisfied
23 Feb 1999Indl Unvestment Bank Of India₹4.75 CrSatisfied
26 Jul 1998The South India Bank₹4.00 CrSatisfied
29 Jan 1998Ing Bank N.V₹3.00 MSatisfied
29 Jan 1998Ing Bank Nv₹3.00 MSatisfied

How Many Employees Work at Amforge Industries?

Unlock and access historical data on people associated with Amforge Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Amforge Industries, 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 Amforge Industries's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Amforge Industries

Recent activity within the organization

  • Director Appointment

    Bhavana Divyesh Shah was appointed as a Company Secretary was appointed as a Company Secretary on 06 Dec 2024 & has been associated with this company since 1 month 24 days .

    06 Dec 2024

  • Director Appointment

    Jayesh Vinodchandra Thakkar was appointed as a Ceo was appointed as a Ceo on 27 Jul 2024 & has been associated with this company since 6 months 6 days .

    27 Jul 2024

  • Annual General Meeting

    Amforge Industries Limited last Annual general meeting of members was held on 23 Jul 2024 as per latest MCA records.

    23 Jul 2024

  • Director Appointment

    Balasubramanian Mayandi Konar was appointed as a Cfo was appointed as a Cfo on 22 Jul 2024 & has been associated with this company since 6 months 11 days .

    22 Jul 2024

  • Director Appointment

    Jayesh Vinodchandra Thakkar was appointed as a Managing Director was appointed as a Managing Director on 24 May 2024 & has been associated with this company since 8 months 8 days .

    24 May 2024

  • Balance Sheet

    Amforge Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

Frequently asked questions

  • Amforge Industries Limited was incorporated on 21 Apr 1971.

  • The authorized share capital of Amforge Industries Limited is ₹ 20.00 Cr and paid-up capital is ₹ 2.88 Cr.

  • Currently 9 directors are associated with Amforge Industries Limited.

    • Ajit Pandurang Walwaikar
    • Puneet Yogiraj Makar
    • Jayesh Vinodchandra Thakkar
    • Sanjay Rajaram Posam
    • Navin Chandramani Sharma
    • Jayesh Vinodchandra Thakkar
    • Balasubramanian Mayandi Konar
    • Bhavana Divyesh Shah
    • Archana Makar Soi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Amforge Industries Limited is 1118 Dalamal Tower 11Th Floor Free Press Journal Marg, Nariman Point India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Amforge Industries Limited is L28910MH1971PLC015119 and the company number is 015119 as per Ministry of Corporate Affairs (MCA).

  • Yes, Amforge Industries Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Amforge Industries Limited is https://www.amforgeindia.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Amforge Industries Limited has fallen by -3.55%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Amforge Industries Limited has experienced an upsurge of 15.19%.

  • The most recent Balance Sheet for Amforge Industries Limited was filed with the ROC on 31 Mar 2024.

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