Bay-Forge Private Limited

Forging and ring manufacturing for various industries since 1990 in Tamil Nadu.

1990 | Kanchipuram, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Bay-Forge Profile

Key Indicators

  • Authorised Capital ₹ 169.00 Cr
  • Paid Up Capital ₹ 144.49 Cr
  • Company Age 34 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 151.40 Cr
  • Revenue Growth 14.37%
  • Profit Growth 5.27%
  • Ebitda -3.74%
  • Net Worth 11.22%
  • Total Assets 15.77%

About Bay-Forge

Bay-Forge Private Limited (BPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 July 1990 and has a history of 34 years and seven months. Its registered office is in Kanchipuram, Tamil Nadu, India.

The Corporate was formerly known as Bay-Forge Limited. The Company is engaged in the Engineering 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 169.00 Cr and a paid-up capital of Rs 144.49 Cr.

The company has closed loans amounting to ₹151.40 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Bay-Forge Private Limited India is Thiyagesh M as COMPANY SECRETARY. Jacopo Guzzoni, Vincenzo Vaccari, Marco Gelfi, and One other member serve as directors at the Company.

Company Details

  • Location

    Kanchipuram, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    fomasgroup.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27209TN1990PTC019404

  • Company No.

    019404

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jul 1990

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Engineering

Who are the key members and board of directors at Bay-Forge?

Executive Team (2)

NameDesignationAppointment DateStatus
Adaikalam Julian Country flag representing In Managing Director18-Aug-2011Current
Thiyagesh M Country flag representing In Company Secretary02-Aug-2016Current

Board Members (3)

NameDesignationAppointment DateStatus
Vincenzo Vaccari Country flag representing It Director 05-Apr-2008Current
Jacopo Guzzoni Country flag representing It Director 10-May-2006Current
Marco Gelfi Country flag representing It Director 28-Feb-2009Current

Financial Performance of Bay-Forge.

Bay-Forge Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.37% increase. The company also saw a slight improvement in profitability, with a 5.27% increase in profit. The company's net worth Soared by an impressive increase of 11.22%.

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
14.37%
Revenue from Operations
12.67%
Total Assets
15.77%
Profit or Loss
5.27%
Net Worth
11.22%
EBITDA
-3.74%

What is the Ownership and Shareholding Structure of Bay-Forge?

In 2023, Bay-Forge had a promoter holding of 99.85% and a public holding of 0.15%. 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

₹151.40 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Travancore : 79.00 Cr
  • Idbi Bank Limited : 65.90 Cr
  • State Bank Of India : 5.00 Cr
  • The Industrial Finannce Co. Of India Ltd : 1.50 Cr

Latest Charge Details

DateLenderAmountStatus
31 Jan 2018Idbi Bank Limited₹12.00 CrSatisfied
26 Nov 2008State Bank Of Travancore₹18.00 CrSatisfied
03 Jun 2008Idbi Bank Limited₹33.90 CrSatisfied
25 Aug 2007Idbi Bank Limited₹10.00 CrSatisfied
24 Feb 2007Idbi Bank Limited₹10.00 CrSatisfied

How Many Employees Work at Bay-Forge?

Bay-Forge has a workforce of 172 employees as of Mar 21, 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 Bay-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 Bay-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 Bay-Forge

Recent activity within the organization

  • Annual General Meeting

    Bay-Forge Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

    26 Sep 2024

  • Balance Sheet

    Bay-Forge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 31 Jan 2018 via Charge ID 100151870 with Idbi Bank Limited was fully satisfied on 24 Aug 2020.

    24 Aug 2020

  • Charges

    A charge with Idbi Bank Limited amounted to Rs. 12.00 Cr with Charge ID 100151870 was registered on 31 Jan 2018.

    31 Jan 2018

  • Director Appointment

    Thiyagesh D M was appointed as a Company Secretary was appointed as a Company Secretary on 02 Aug 2016 & has been associated with this company since 8 years 6 months .

    02 Aug 2016

  • Charges

    A charge registered on 01 Jul 1996 via Charge ID 90290128 with State Bank Of Travancore was fully satisfied on 06 May 2015.

    06 May 2015

Frequently asked questions

  • Bay-Forge Private Limited was incorporated on 17 Jul 1990.

  • The authorized share capital of Bay-Forge Private Limited is ₹ 169.00 Cr and paid-up capital is ₹ 144.49 Cr.

  • Currently 5 directors are associated with Bay-Forge Private Limited.

    • Jacopo Guzzoni
    • Vincenzo Vaccari
    • Marco Gelfi
    • Adaikalam Christopheramirtharaj Julian
    • Thiyagesh D M
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bay-Forge Private Limited is Palayanoor P.O. Vedanthangal Road Pukkathurai Village, India, Madurantakam Taluk, Tamil Nadu, 603308.

  • The corporate identification number (CIN) of Bay-Forge Private Limited is U27209TN1990PTC019404 and the company number is 019404 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Bay-Forge Private Limited is https://www.fomasgroup.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Bay-Forge Private Limited has risen by 14.37%.

  • As Per 2023 financial reports, 172 employees are currently employed by Bay-Forge Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Bay-Forge Private Limited has experienced an upsurge of 11.22%.

  • The most recent Balance Sheet for Bay-Forge Private Limited was filed with the ROC on 31 Mar 2024.

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