Competent Forging Limited

Manufacturer and exporter of forging products for various industries, including oil and gas, automotive, and defense.

1993 | Haryana, Haryana (India) | Active
Last Updated: July 17, 2024

Competent Forging Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 5.23 M
  • Company Age 31 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 12.30 Cr
  • Satisfied Charges ₹ 16.90 Cr
  • Revenue Growth 20.65%
  • Profit Growth 9.26%
  • Ebitda 6.60%
  • Net Worth 6.90%
  • Total Assets 22.27%

About Competent Forging

Competent Forging Limited (CFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 July 1993 and has a history of 31 years and seven months. Its registered office is in Haryana, Haryana, India.

The Corporate was formerly known as Competent Forging Private Limited. The Company is engaged in the Engineering 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 7.50 M and a paid-up capital of Rs 5.23 M.

The company currently has active open charges totaling ₹12.30 Cr. The company has closed loans amounting to ₹16.90 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kamlesh Rani, Vipin Goyal, and Prem Goyal serve as directors at the Company.

Company Details

  • Location

    Haryana, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    competentforging.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28999HR1993PLC032045

  • Company No.

    032045

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Jul 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Engineering

What products or services does Competent Forging Limited offer?

Competent Forging Limited offers a wide range of products and services, including Building & Construction Machines, Bending Machine, Pipeline Accessories, Hammer Union, Rubber Gaskets and Gasket Material, Industrial Gaskets, Forgings, Forging Parts & Supplies, Forged Components, Metal Forgings, Industrial Pipe & Tube Fittings.

Who are the key members and board of directors at Competent Forging?

Board Members (3)

Name Designation Appointment Date Status
Kamlesh Rani Country flag representing In Director 02-Jul-1993 Current
Vipin Goyal Country flag representing In Director 20-Aug-1998 Current
Prem Goyal Country flag representing In Director 02-Jul-1993 Current

Financial Performance of Competent Forging.

Competent Forging Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 20.65% increase. The company also saw a slight improvement in profitability, with a 9.26% increase in profit. The company's net worth moved up by a moderate rise of 6.9%.

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
20.65%
Revenue from Operations
20.42%
Total Assets
22.27%
Profit or Loss
9.26%
Net Worth
6.90%
EBITDA
6.60%

What is the Ownership and Shareholding Structure of Competent Forging?

In 2023, Competent Forging had a promoter holding of 99.97% and a public holding of 0.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹123.03 M

Satisfied Charges

₹168.96 M

Charges Breakdown by Lending Institutions

  • Others : 11.69 Cr
  • Sidbi : 0.38 Cr
  • Hdfc Bank Limited : 0.23 Cr

Latest Charge Details

Date Lender Amount Status
22 Nov 2023 Others ₹1.00 Cr Open
27 Mar 2023 Others ₹2.89 M Open
23 Mar 2023 Others ₹4.04 M Open
28 Feb 2023 Others ₹9.50 Cr Open
28 Feb 2023 Others ₹5.00 M Open

How Many Employees Work at Competent Forging?

Competent Forging has a workforce of 12 employees as of Apr 09, 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 Competent Forging, 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 Competent Forging'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 Competent Forging

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 10.00 M with Charge ID 100847271 was registered on 22 Nov 2023.

    22 Nov 2023

  • Charges

    A charge with Others of Rs. 95.00 M registered on 28 Feb 2023 with Charge ID 100706618 was modified on 22 Nov 2023.

    22 Nov 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge registered on 04 Oct 2022 via Charge ID 100612506 with Others was fully satisfied on 11 Apr 2023.

    11 Apr 2023

  • Charges

    A charge registered on 04 Oct 2022 via Charge ID 100613908 with Others was fully satisfied on 11 Apr 2023.

    11 Apr 2023

  • Charges

    A charge registered on 02 Jun 2020 via Charge ID 100345340 with Others was fully satisfied on 11 Apr 2023.

    11 Apr 2023

Frequently asked questions

  • Competent Forging Limited was incorporated on 02 Jul 1993.

  • The authorized share capital of Competent Forging Limited is ₹ 7.50 M and paid-up capital is ₹ 5.23 M.

  • Currently 3 directors are associated with Competent Forging Limited.

    • Kamlesh Rani
    • Vipin Goyal
    • Prem Chand Goyal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Competent Forging Limited is 2J/51 B.P. N.I.TFaridabad, Haryana, India.

  • The corporate identification number (CIN) of Competent Forging Limited is U28999HR1993PLC032045 and the company number is 032045 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Competent Forging Limited is https://www.competentforging.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Competent Forging Limited has risen by 20.65%.

  • As Per 2023 financial reports, 12 employees are currently employed by Competent Forging Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Competent Forging Limited has experienced an upsurge of 6.90%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Competent Forging Limited amount to ₹ 12.30 Cr.

  • The most recent Balance Sheet for Competent Forging Limited was filed with the ROC on 31 Mar 2023.