Devgiri Forgings Profile
Key Indicators
- Authorised Capital ₹ 3.75 Cr
- Paid Up Capital ₹ 3.67 Cr
- Company Age 39 Year, 7 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 seven 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
- 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
Who are the key members and board of directors at Devgiri Forgings?
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ajit Venugopalan  | Additional Director | 14-Mar-2024 | Current |
| Hatim Kantawalla | Additional Director | 15-Mar-2024 | Current |
| Aditi Someshwar | Director | 09-Oct-2015 | Current |
| Jashwantlal Shah | Director | 25-Nov-1997 | Current |
| Raghuram Someshwar | Director | 27-Jan-1986 | Current |
| Mahesh Someshwar | Director | 22-Dec-1995 | Current |
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%.
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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.
Related Corporates (Common Directorship)
Mascor Precisions Private LimitedAditi Someshwar and Mahesh Someshwar are mutual person
- Maso Automotives Pvt Ltd
Raghuram Someshwar and Mahesh Someshwar are mutual person
Aarti Drugs LimitedAjit Venugopalan is a mutual person
Rational Engineers LimitedAjit Venugopalan is a mutual person
- Intaiga Technical Solution Private Limited
Ajit Venugopalan is a mutual person
- Flooid Llp
Hatim Kantawalla is a mutual person
Charges (Loans)
₹466.01 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Nov 2023 | Others | ₹99.50 Cr | Open |
| 01 Nov 2018 | Others | ₹26.25 Cr | Open |
| 05 Jan 2018 | Others | ₹20.80 Cr | Open |
| 05 Dec 2016 | Others | ₹11.25 Cr | Open |
| 17 Mar 2015 | The Shamrao Vithal Co-Operative Bank Limited | ₹38.20 Cr | Open |
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.
Deals i
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
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.
