Bombay Forgings Limited

Manufacturer of closed die forgings for various industries, using hot forging technology and supplying to OEM's.

1966 | Mumbai, Maharashtra (India) | Active
Last Updated: December 19, 2024

Bombay Forgings Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 8.00 M
  • Company Age 59 Year, 25 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 64.66 Cr
  • Revenue Growth -81.68%
  • Profit Growth 62.19%
  • Ebitda 68.91%
  • Net Worth -24.13%
  • Total Assets -31.97%

About Bombay Forgings

Bombay Forgings Limited (BFL) was founded in India on 06 January 1966 and has a glorious history of 59 years .Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Manufacturing 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 5.00 Cr and a paid-up capital of Rs 8.00 M.

The company has closed loans amounting to ₹64.66 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Sankaran Radhakrishnan, Venkatesh Varadachari, and Shriram Panse serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28910MH1966PLC013399

  • Company No.

    013399

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    06 Jan 1966

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Bombay Forgings?

Board Members (3)

NameDesignationAppointment DateStatus
Sankaran Radhakrishnan Country flag representing In Director 27-Jul-1999Current
Venkatesh Varadachari Country flag representing In Director 23-Jun-2023Current
Shriram Panse Country flag representing In Director 12-Apr-2023Current

Financial Performance of Bombay Forgings.

Bombay Forgings Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 81.68% decrease. The company also saw a substantial improvement in profitability, with a 62.19% increase in profit. The company's net worth observed a substantial decline by a decrease of 24.13%.

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
-81.68%
Revenue from Operations
-86.43%
Total Assets
-31.97%
Profit or Loss
62.19%
Net Worth
-24.13%
EBITDA
68.91%

What is the Ownership and Shareholding Structure of Bombay Forgings?

In 2021, Bombay Forgings had a promoter holding of 24.00% and a public holding of 76.00%. 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

₹64.66 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 17.14 Cr
  • Bank Of Maharashtra : 15.50 Cr
  • Indian Bank : 13.82 Cr
  • Icici Limited : 8.07 Cr
  • Development Credit Bank Limited : 6.50 Cr
  • Others : 3.64 Cr

Latest Charge Details

DateLenderAmountStatus
27 Aug 2008Development Credit Bank Limited₹6.50 CrSatisfied
25 Nov 1999Canara Bank₹8.65 MSatisfied
13 Aug 1999Icici Limited₹4.80 CrSatisfied
11 Jun 1999Icici Limited₹2.71 CrSatisfied
21 Jul 1998Canara Bank₹10.70 CrSatisfied

How Many Employees Work at Bombay Forgings?

Bombay Forgings has a workforce of 1 employees as of Mar 23, 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 Bombay Forgings, 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 Bombay Forgings'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 Bombay Forgings

Recent activity within the organization

  • Annual General Meeting

    Bombay Forgings Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Bombay Forgings Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Director Appointment

    Venkatesh Varadachari was appointed as a Director was appointed as a Director on 23 Jun 2023 & has been associated with this company since 1 year 7 months .

    23 Jun 2023

  • Director Appointment

    Shriram Venkat Panse was appointed as a Director was appointed as a Director on 12 Apr 2023 & has been associated with this company since 1 year 9 months .

    12 Apr 2023

  • Charges

    A charge registered on 20 Nov 1988 via Charge ID 80047793 with Industrial Reconstruction Bank Of India was fully satisfied on 22 Feb 2013.

    22 Feb 2013

  • Charges

    A charge registered on 27 Aug 2008 via Charge ID 10121042 with Development Credit Bank Limited was fully satisfied on 08 Nov 2011.

    08 Nov 2011

Frequently asked questions

  • Bombay Forgings Limited was incorporated on 06 Jan 1966.

  • The authorized share capital of Bombay Forgings Limited is ₹ 5.00 Cr and paid-up capital is ₹ 8.00 M.

  • Currently 3 directors are associated with Bombay Forgings Limited.

    • Sankaran Radhakrishnan
    • Venkatesh Varadachari
    • Shriram Venkat Panse
  • As per Ministry of Corporate Affairs (Mca), the registered address of Bombay Forgings Limited is 3Rd Floor Bajaj Bahvan Jamnalal Marg 226 Nariman Point, India, Mumbai, Maharashtra, 400021.

  • The corporate identification number (CIN) of Bombay Forgings Limited is U28910MH1966PLC013399 and the company number is 013399 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Bombay Forgings Limited has fallen by -81.68%.

  • As Per 2021 financial reports, 1 employees are currently employed by Bombay Forgings Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Bombay Forgings Limited has experienced an downturn of -24.13%.

  • The most recent Balance Sheet for Bombay Forgings Limited was filed with the ROC on 31 Mar 2024.

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