Best Forgings India Profile
Key Indicators
- Authorised Capital ₹ 1.20 Cr
as on 17-06-2024
- Paid Up Capital ₹ 1.18 Cr
as on 17-06-2024
- Company Age 18 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.30 Cr
as on 17-06-2024
- Satisfied Charges ₹ 5.03 Cr
as on 17-06-2024
- Revenue -18.10%
(FY 2023)
- Profit -94.13%
(FY 2023)
- Ebitda -25.33%
(FY 2023)
- Net Worth 5.64%
(FY 2023)
- Total Assets 9.17%
(FY 2023)
About Best Forgings 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.
- 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
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Telephone
- Email Address
- Website
- Social Media-
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
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
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)
₹1.30 Cr
₹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.
