Best Forgings India Profile
Key Indicators
- Authorised Capital ₹ 1.20 Cr
- Paid Up Capital ₹ 1.18 Cr
- Company Age 18 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.30 Cr
- Satisfied Charges ₹ 5.03 Cr
- Revenue Growth -18.10%
- Profit Growth -94.13%
- Ebitda -25.33%
- Net Worth 5.64%
- Total Assets 9.17%
About Best Forgings India
Best Forgings India Private Limited (BFIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 May 2006 and has a history of 18 years and nine months. Its registered office is in Coimbatore, Tamil Nadu, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.20 Cr and a paid-up capital of Rs 1.18 Cr.
The company currently has active open charges totaling ₹1.30 Cr. The company has closed loans amounting to ₹5.03 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sundaram Nagarani and Mahalingam Arjunan serve as directors at the Company.
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U27310TZ2006PTC012799
- Company No.
012799
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 May 2006
- Date of AGM
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Coimbatore
Industry
Machinery and Equipment
What products or services does Best Forgings India Private Limited offer?
Best Forgings India Private Limited offers a wide range of products and services, including Forgings, Forging Parts & Supplies, Metal Forgings, Forgings, Flanges & Flanged Fittings, Blind Flanges, Gearbox, Axle, Sprocket & Gear Parts, Industrial Shafts, Industrial Valves & Valve Fittings, Valve Accessories, Engine & Engine Spare Parts.
Who are the key members and board of directors at Best Forgings India?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mahalingam Arjunan  | Managing Director | 30-May-2006 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sundaram Nagarani | Director | 08-Apr-2022 | Current |
Financial Performance of Best Forgings India.
Best Forgings India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.1% decrease. The company also saw a substantial fall in profitability, with a 94.13% decrease in profit. The company's net worth moved up by a moderate rise of 5.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Best Forgings India?
In 2023, Best Forgings India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹1.30 Cr
Satisfied Charges
₹5.03 Cr
Charges Breakdown by Lending Institutions
- Bank Of India : 1.30 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Mar 2023 | Bank Of India | ₹1.30 Cr | Open |
| 18 Mar 2015 | Small Industries Development Bank Of India | ₹7.40 M | Satisfied |
| 25 Mar 2013 | Small Industries Development Bank Of India | ₹6.00 M | Satisfied |
| 13 Feb 2012 | Small Industries Development Bank Of India | ₹7.50 M | Satisfied |
| 15 Oct 2010 | Small Industries Development Bank Of India | ₹1.00 M | Satisfied |
How Many Employees Work at Best Forgings India?
Unlock and access historical data on people associated with Best Forgings India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Best Forgings India, 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 Best Forgings India'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 Best Forgings India
Recent activity within the organization
- Charges
A charge with Bank Of India of Rs. 1.30 Cr registered on 31 Mar 2023 with Charge ID 100725040 was modified on 21 Mar 2024.
- Annual General Meeting
Best Forgings India Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.
- Charges
A charge with Bank Of India amounted to Rs. 1.30 Cr with Charge ID 100725040 was registered on 31 Mar 2023.
- Balance Sheet
Best Forgings India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
- Charges
A charge registered on 19 Dec 2007 via Charge ID 10083414 with Sidbi was fully satisfied on 16 Feb 2023.
- Director Appointment
Sundaram Nagarani was appointed as a Director was appointed as a Director on 08 Apr 2022 & has been associated with this company since 2 years 10 months .
Frequently asked questions
What is the Incorporation or founding date of Best Forgings India Private Limited?
Best Forgings India Private Limited was incorporated on 30 May 2006.
What is authorized share capital and paid-up capital of Best Forgings India Private Limited?
The authorized share capital of Best Forgings India Private Limited is ₹ 1.20 Cr and paid-up capital is ₹ 1.18 Cr.
Who are the current board members & directors of Best Forgings India Private Limited?
Currently 2 directors are associated with Best Forgings India Private Limited.
- Sundaram Nagarani
- Mahalingam Arjunan
What is the registered address of Best Forgings India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Best Forgings India Private Limited is 15-A Private Industrial Estate Pollachi Main Road, Coimbatore, Tamil Nadu, India, 641021.
What is the corporate identification number (CIN) and company number of Best Forgings India Private Limited?
The corporate identification number (CIN) of Best Forgings India Private Limited is U27310TZ2006PTC012799 and the company number is 012799 as per Ministry of Corporate Affairs (MCA).
What is the official website of Best Forgings India Private Limited?
The Official website of Best Forgings India Private Limited is https://www.bestforgings.in
What has been the recent revenue trend for Best Forgings India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Best Forgings India Private Limited has fallen by -18.10%.
What change has been observed in the net worth of Best Forgings India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Best Forgings India Private Limited has experienced an upsurge of 5.64%.
What are the total open charges for Best Forgings India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Best Forgings India Private Limited amount to ₹ 1.30 Cr.
When was the last Balance Sheet of Best Forgings India Private Limited filed with the ROC?
The most recent Balance Sheet for Best Forgings India Private Limited was filed with the ROC on 31 Mar 2023.
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