Chinar Forge Limited

Manufacturer and trader of carpets and rugs, with in-house yarn spinning and multiple facilities.

1992 | Jalandhar, Punjab (India) | Active
Last Updated:

Chinar Forge Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 1.21 Cr
  • Company Age 32 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 113.43 Cr
  • Satisfied Charges ₹ 75.37 Cr
  • Revenue Growth -21.12%
  • Profit Growth -365.57%
  • Ebitda -43.86%
  • Net Worth -29.21%
  • Total Assets 8.97%

About Chinar Forge

Chinar Forge Limited (CFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 May 1992 and has a history of 32 years and 11 months. Its registered office is in Jalandhar, Punjab, India.

The Company is engaged in the Consumer Goods 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 2.50 Cr and a paid-up capital of Rs 1.21 Cr.

The company currently has active open charges totaling ₹113.43 Cr. The company has closed loans amounting to ₹75.37 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sheetesh Vij, Vani Vij, and Neha Vij serve as directors at the Company.

Company Details

  • Location

    Jalandhar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27310PB1992PLC012269

  • Company No.

    012269

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 May 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Consumer Goods

What products or services does Chinar Forge Limited offer?

Chinar Forge Limited offers a wide range of products and services, including Carpets & Rugs, Carpets, PET Granules & Plastic Raw Material, PP Granules, Building Panels & Cladding Materials, Building Jali, Screens & Grills.

Company report

Chinar Forge Limited

Explore comprehensive data for Chinar Forge Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Sheetesh Vij Country flag representing In Managing Director24-Dec-2004Current

Board Members (2)

NameDesignationAppointment DateStatus
Vani Vij Country flag representing In Whole-Time Director 24-Sep-1996Current
Neha Vij Country flag representing In Whole-Time Director 14-Oct-2016Current

Financial Performance of Chinar Forge.

Chinar Forge Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.12% decrease. The company also saw a substantial fall in profitability, with a 365.57% decrease in profit. The company's net worth observed a substantial decline by a decrease of 29.21%.

Chinar Forge revenue growth over time
Chinar Forge 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
-21.12%
Revenue from Operations
-21.58%
Total Assets
8.97%
Profit or Loss
-365.57%
Net Worth
-29.21%
EBITDA
-43.86%

What is the Ownership and Shareholding Structure of Chinar Forge?

In 2023, Chinar Forge had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹113.43 Cr

Satisfied Charges

₹75.37 Cr

Charges Breakdown by Lending Institutions

  • Others : 102.14 Cr
  • Axis Bank Limited : 11.29 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jul 2022Others₹4.20 CrOpen
25 Feb 2022Axis Bank Limited₹2.55 CrOpen
01 Feb 2022Others₹5.50 CrOpen
11 Nov 2021Others₹6.00 CrOpen
27 Jan 2021Others₹9.74 CrOpen

How Many Employees Work at Chinar Forge?

Chinar Forge has a workforce of 89 employees as of Apr 04, 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.

Employee growth trends for Chinar Forge Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Chinar 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 Chinar 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 Chinar Forge

Recent activity within the organization

  • Charges

    A charge registered on 17 Aug 2022 via Charge ID 100603419 with Sidbi was fully satisfied on 05 Jan 2024.

  • Charges

    A charge registered on 10 Jun 2021 via Charge ID 100449132 with Sidbi was fully satisfied on 05 Jan 2024.

  • Charges

    A charge registered on 25 Jul 2019 via Charge ID 100283151 with Others was fully satisfied on 04 Dec 2023.

  • Charges

    A charge registered on 20 Feb 2023 via Charge ID 100697642 with Others was fully satisfied on 28 Nov 2023.

  • Charges

    A charge registered on 20 Feb 2023 via Charge ID 100702383 with Others was fully satisfied on 28 Nov 2023.

  • Annual General Meeting

    Chinar Forge Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Chinar Forge Limited?

    Chinar Forge Limited was incorporated on 11 May 1992.

  • What is authorized share capital and paid-up capital of Chinar Forge Limited?

    The authorized share capital of Chinar Forge Limited is ₹ 2.50 Cr and paid-up capital is ₹ 1.21 Cr.

  • Who are the current board members & directors of Chinar Forge Limited?

    Currently 3 directors are associated with Chinar Forge Limited.

    • Sheetesh Vij
    • Vani Vij
    • Neha Vij

  • What is the registered address of Chinar Forge Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Chinar Forge Limited is C-84 & 86 Focal Point Extension, Jalandhar, Punjab, India, 144012.

  • What is the corporate identification number (CIN) and company number of Chinar Forge Limited?

    The corporate identification number (CIN) of Chinar Forge Limited is U27310PB1992PLC012269 and the company number is 012269 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Chinar Forge Limited?

    The Official website of Chinar Forge Limited is https://www.statuscontract.in

  • What has been the recent revenue trend for Chinar Forge Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Chinar Forge Limited has fallen by -21.12%.

  • How many employees does Chinar Forge Limited currently have?

    As Per 2023 financial reports, 89 employees are currently employed by Chinar Forge Limited.

  • What change has been observed in the net worth of Chinar Forge Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Chinar Forge Limited has experienced an downturn of -29.21%.

  • What are the total open charges for Chinar Forge Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Chinar Forge Limited amount to ₹ 113.43 Cr.

  • When was the last Balance Sheet of Chinar Forge Limited filed with the ROC?

    The most recent Balance Sheet for Chinar Forge Limited was filed with the ROC on 31 Mar 2023.

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