Devgiri Forgings Private Limited

Manufactures precision components and forgings for various sectors, with ISO/TS 16949:2009 certification.

1985 | Aurangabad, Maharashtra (India) | Active
Last Updated:

Devgiri Forgings Profile

Key Indicators

  • Authorised Capital ₹ 3.75 Cr
  • Paid Up Capital ₹ 3.67 Cr
  • Company Age 39 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 466.01 Cr
  • Satisfied Charges ₹ 24.50 Cr
  • Revenue Growth 44.56%
  • Profit Growth 99.31%
  • Ebitda 52.68%
  • Net Worth 42.78%
  • Total Assets 18.33%

About Devgiri Forgings

Devgiri Forgings Private Limited (DFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 13 June 1985 and has a history of 39 years and eight months. Its registered office is in Aurangabad, Maharashtra, India.

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 3.75 Cr and a paid-up capital of Rs 3.67 Cr.

The company currently has active open charges totaling ₹466.01 Cr. The company has closed loans amounting to ₹24.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ajit Venugopalan, Hatim Kantawalla, Aditi Someshwar, and Three other members serve as directors at the Company.

Company Details

  • Location

    Aurangabad, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    maso-group.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28910MH1985PTC036578

  • Company No.

    036578

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    13 Jun 1985

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Engineering
Machinery and Equipment

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

Board Members (6)

NameDesignationAppointment DateStatus
Ajit Venugopalan Country flag representing In Additional Director 14-Mar-2024Current
Hatim Kantawalla Country flag representing In Additional Director 15-Mar-2024Current
Aditi Someshwar Country flag representing In Director 09-Oct-2015Current
Jashwantlal Shah Country flag representing In Director 25-Nov-1997Current
Raghuram Someshwar Country flag representing In Director 27-Jan-1986Current
Mahesh Someshwar Country flag representing In Director 22-Dec-1995Current

Financial Performance of Devgiri Forgings.

Devgiri Forgings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.56% increase. The company also saw a substantial improvement in profitability, with a 99.31% increase in profit. The company's net worth Soared by an impressive increase of 42.78%.

Devgiri Forgings revenue growth over time
Devgiri Forgings 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
44.56%
Revenue from Operations
45.08%
Total Assets
18.33%
Profit or Loss
99.31%
Net Worth
42.78%
EBITDA
52.68%

What is the Ownership and Shareholding Structure of Devgiri Forgings?

In 2023, Devgiri Forgings 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

₹466.01 Cr

Satisfied Charges

₹24.50 Cr

Charges Breakdown by Lending Institutions

  • Others : 384.16 Cr
  • The Shamrao Vithal Co-Operative Bank Limited : 67.92 Cr
  • The Shamrao Vithal Cooperative Bank Limited : 13.94 Cr

Latest Charge Details

DateLenderAmountStatus
30 Nov 2023Others₹99.50 CrOpen
01 Nov 2018Others₹26.25 CrOpen
05 Jan 2018Others₹20.80 CrOpen
05 Dec 2016Others₹11.25 CrOpen
17 Mar 2015The Shamrao Vithal Co-Operative Bank Limited₹38.20 CrOpen

How Many Employees Work at Devgiri Forgings?

Devgiri Forgings has a workforce of 142 employees as of Apr 07, 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 Devgiri Forgings Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Devgiri 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 Devgiri 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 Devgiri Forgings

Recent activity within the organization

  • Director Appointment

    Hatim Husain Kantawalla was appointed as a Additional Director was appointed as a Additional Director on 15 Mar 2024 & has been associated with this company since 11 months 20 days .

  • Director Appointment

    Ajit Eledath Venugopalan was appointed as a Additional Director was appointed as a Additional Director on 14 Mar 2024 & has been associated with this company since 11 months 21 days .

  • Charges

    A charge with Others of Rs. 99.50 Cr registered on 30 Nov 2023 with Charge ID 100825051 was modified on 17 Feb 2024.

  • Charges

    A charge with Others of Rs. 174.36 Cr registered on 02 Jan 2010 with Charge ID 10201138 was modified on 17 Feb 2024.

  • Charges

    A charge with Others amounted to Rs. 99.50 Cr with Charge ID 100825051 was registered on 30 Nov 2023.

  • Annual General Meeting

    Devgiri Forgings Private 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 Devgiri Forgings Private Limited?

    Devgiri Forgings Private Limited was incorporated on 13 Jun 1985.

  • What is authorized share capital and paid-up capital of Devgiri Forgings Private Limited?

    The authorized share capital of Devgiri Forgings Private Limited is ₹ 3.75 Cr and paid-up capital is ₹ 3.67 Cr.

  • Who are the current board members & directors of Devgiri Forgings Private Limited?

    Currently 6 directors are associated with Devgiri Forgings Private Limited.

    • Ajit Eledath Venugopalan
    • Hatim Husain Kantawalla
    • Aditi Mahesh Someshwar
    • Jashwantlal Chhotalal Shah
    • Raghuram Krishna Someshwar
    • Mahesh Raghuram Someshwar

  • What is the registered address of Devgiri Forgings Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Devgiri Forgings Private Limited is Gut No 64 Narayanpur (Bk) 14Km Stone Aurangabad - Pune Road Gangapur Taluka, Maharashtra, India, 431133.

  • What is the corporate identification number (CIN) and company number of Devgiri Forgings Private Limited?

    The corporate identification number (CIN) of Devgiri Forgings Private Limited is U28910MH1985PTC036578 and the company number is 036578 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Devgiri Forgings Private Limited?

    The Official website of Devgiri Forgings Private Limited is https://www.maso-group.com

  • What has been the recent revenue trend for Devgiri Forgings Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Devgiri Forgings Private Limited has risen by 44.56%.

  • How many employees does Devgiri Forgings Private Limited currently have?

    As Per 2023 financial reports, 142 employees are currently employed by Devgiri Forgings Private Limited.

  • What change has been observed in the net worth of Devgiri Forgings Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Devgiri Forgings Private Limited has experienced an upsurge of 42.78%.

  • What are the total open charges for Devgiri Forgings Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Devgiri Forgings Private Limited amount to ₹ 466.01 Cr.

  • When was the last Balance Sheet of Devgiri Forgings Private Limited filed with the ROC?

    The most recent Balance Sheet for Devgiri Forgings Private Limited was filed with the ROC on 31 Mar 2023.

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