Bhagat Forge Profile
Key Indicators
- Authorised Capital ₹ 2.50 Cr
- Paid Up Capital ₹ 1.60 Cr
- Company Age 28 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 31.25 Cr
- Satisfied Charges ₹ 22.67 Cr
- Revenue Growth 51.19%
- Profit Growth -8.39%
- Ebitda 35.10%
- Net Worth 5.81%
- Total Assets 19.51%
About Bhagat Forge
Bhagat Forge Private Limited (BFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 June 1996 and has a history of 28 years and eight months. Its registered office is in Ludhiana, Punjab, India.
The Corporate was formerly known as Bhagat Forge Limited. 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 2.50 Cr and a paid-up capital of Rs 1.60 Cr.
The company currently has active open charges totaling ₹31.25 Cr. The company has closed loans amounting to ₹22.67 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kamaljit Singh, Komalpreet Kaur, Harbans Singh, and Two other members serve as directors at the Company.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U24239PB1996PTC018322
- Company No.
018322
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
11 Jun 1996
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Bhagat Forge?
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kamaljit Singh  | Whole-Time Director | 11-Jun-1996 | Current |
| Komalpreet Kaur | Director | 01-Oct-2005 | Current |
| Harbans Singh | Director | 01-Apr-2005 | Current |
| Gurpreet Singh | Director | 18-Jan-2020 | Current |
| Paramveer Singh | Director | 18-Jan-2020 | Current |
Financial Performance of Bhagat Forge.
Bhagat Forge Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 51.19% increase. The company also saw a slight decrease in profitability, with a 8.39% decrease in profit. The company's net worth moved up by a moderate rise of 5.81%.
- Key Matrics
- Balance Sheet
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What is the Ownership and Shareholding Structure of Bhagat Forge?
In 2023, Bhagat Forge had a promoter holding of 67.35% and a public holding of 32.65%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹31.25 Cr
₹22.67 Cr
Charges Breakdown by Lending Institutions
- Others : 25.84 Cr
- Axis Bank Limited : 3.89 Cr
- Bank Of Baroda : 1.10 Cr
- Hdfc Bank Limited : 0.41 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Sep 2024 | Others | ₹8.78 M | Open |
| 24 Sep 2024 | Others | ₹6.32 M | Open |
| 27 Aug 2024 | Others | ₹3.15 Cr | Open |
| 19 Feb 2024 | Axis Bank Limited | ₹3.61 M | Open |
| 24 Aug 2023 | Axis Bank Limited | ₹1.98 Cr | Open |
How Many Employees Work at Bhagat Forge?
Bhagat Forge has a workforce of 5 employees as of Apr 03, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Bhagat 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 Bhagat Forge'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.