Bansal Precision Forge Private Limited

Founded in 1997 and headquartered in Karnataka, India.

1997 | Bangalore, Karnataka (India) | Active
Last Updated: January 03, 2025

Bansal Precision Forge Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.30 Cr
  • Company Age 28 Year, 25 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 Cr
  • Revenue Growth 50.74%
  • Profit Growth -41.11%
  • Ebitda 14.24%
  • Net Worth 20.13%
  • Total Assets 13.13%

About Bansal Precision Forge

Bansal Precision Forge Private Limited (BPFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 January 1997 and has a history of 28 years. Its registered office is in Bangalore, Karnataka.

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 2023. It's a company limited by shares with an authorized capital of Rs 3.00 Cr and a paid-up capital of Rs 2.30 Cr.

The company currently has active open charges totaling ₹2.00 Cr.

Vinod Bansal, Sushila Bansal, Vivek Bansal, and One other member serve as directors at the Company.

Company Details

  • Location Bangalore, Karnataka
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    bansalforge.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U67120KA1997PTC032881

  • Company No.

    032881

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    20 Jan 1997

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

What products or services does Bansal Precision Forge Private Limited offer?

Bansal Precision Forge Private Limited offers a wide range of products and services, including CNC Machines & Lathe Machine, CNC Vertical Machining Centers, Inspection & Quality Check Services, Quality Inspection Service.

Who are the key members and board of directors at Bansal Precision Forge?

Board Members (4)

Name Designation Appointment Date Status
Vinod Bansal Country flag representing In Director 28-Oct-2002 Current
Sushila Bansal Country flag representing In Director 28-Oct-2002 Current
Vivek Bansal Country flag representing In Director 07-May-2004 Current
Prachi Bansal Country flag representing In Whole-Time Director 24-Jun-2017 Current

Financial Performance of Bansal Precision Forge.

Bansal Precision Forge Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 50.74% increase. The company also saw a substantial fall in profitability, with a 41.11% decrease in profit. The company's net worth Soared by an impressive increase of 20.13%.

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
50.74%
Revenue from Operations
51.75%
Total Assets
13.13%
Profit or Loss
-41.11%
Net Worth
20.13%
EBITDA
14.24%

What is the Ownership and Shareholding Structure of Bansal Precision Forge?

In 2023, Bansal Precision Forge had a promoter holding of 0.03% and a public holding of 99.97%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹2.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
18 Mar 2005 State Bank Of India ₹2.00 Cr Open

How Many Employees Work at Bansal Precision Forge?

Bansal Precision Forge has a workforce of 34 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Bansal Precision Forge, 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 Bansal Precision Forge'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 Bansal Precision Forge

Recent activity within the organization

  • Charges

    A charge with State Bank Of India of Rs. 2.00 Cr registered on 18 Mar 2005 with Charge ID 80045468 was modified on 01 Dec 2023.

    01 Dec 2023

  • Annual General Meeting

    Bansal Precision Forge Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Bansal Precision Forge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Prachi Bansal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 24 Jun 2017 & has been associated with this company since 7 years 7 months .

    24 Jun 2017

  • Charges

    A charge with State Bank Of India amounted to Rs. 2.00 Cr with Charge ID 80045468 was registered on 18 Mar 2005.

    18 Mar 2005

  • Director Appointment

    Vivek Bansal was appointed as a Director was appointed as a Director on 07 May 2004 & has been associated with this company since 20 years 9 months .

    07 May 2004

Recent News, Updates & Announcement

Frequently asked questions

  • Bansal Precision Forge Private Limited was incorporated on 20 Jan 1997.

  • The authorized share capital of Bansal Precision Forge Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.30 Cr.

  • Currently 4 directors are associated with Bansal Precision Forge Private Limited.

    • Vinod Kumar Bansal
    • Sushila Bansal
    • Vivek Bansal
    • Prachi Bansal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bansal Precision Forge Private Limited is 34/35, Bommasandra Jigani Link Road India, Bangalore, Karnataka, 560106.

  • The corporate identification number (CIN) of Bansal Precision Forge Private Limited is U67120KA1997PTC032881 and the company number is 032881 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bansal Precision Forge Private Limited is https://www.bansalforge.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bansal Precision Forge Private Limited has risen by 50.74%.

  • As Per 2023 financial reports, 34 employees are currently employed by Bansal Precision Forge Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bansal Precision Forge Private Limited has experienced an upsurge of 20.13%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Bansal Precision Forge Private Limited amount to ₹ 2.00 Cr.

  • The most recent Balance Sheet for Bansal Precision Forge Private Limited was filed with the ROC on 31 Mar 2023.