Economic Forge Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
as on 17-11-2024
- Paid Up Capital ₹ 2.00 M
as on 17-11-2024
- Company Age 40 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.64 Cr
as on 17-11-2024
- Satisfied Charges ₹ 11.99 Cr
as on 17-11-2024
- Revenue 24.89%
(FY 2023)
- Profit 50.71%
(FY 2023)
- Ebitda 73.55%
(FY 2023)
- Net Worth 12.60%
(FY 2023)
- Total Assets 9.98%
(FY 2023)
About Economic Forge
The Company is engaged in the Metals And Minerals 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 2.50 M and a paid-up capital of Rs 2.00 M.
The company currently has active open charges totaling ₹4.64 Cr. The company has closed loans amounting to ₹11.99 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ravi Jhunjhunwala, Mayank Jhunjhunwala, and Sanjay Chowdhri serve as directors at the Company.
- CIN/LLPIN
U28900MH1984PTC032164
- Company No.
032164
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
14 Feb 1984
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Thane, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Economic Forge?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ravi Jhunjhunwala  | Director | 17-Oct-1995 | Current |
| Mayank Jhunjhunwala | Director | 16-Feb-2015 | Current |
| Sanjay Chowdhri | Director | 17-Oct-1995 | Current |
Financial Performance of Economic Forge.
Economic Forge Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 24.89% increase. The company also saw a substantial improvement in profitability, with a 50.71% increase in profit. The company's net worth Soared by an impressive increase of 12.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Economic Forge?
In 2023, Economic Forge had a promoter holding of 66.00% and a public holding of 34.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Shailaja Agencies Private LimitedActive 31 years 7 monthsRavi Jhunjhunwala and Mayank Jhunjhunwala are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 22 Jun 2016 | ₹4.50 Cr | Open |
Bank Of Baroda Creation Date: 05 Aug 1992 | ₹0.45 M | Open |
Bank Of Baroda Creation Date: 02 Jan 1991 | ₹0.30 M | Open |
How Many Employees Work at Economic Forge?
Economic Forge has a workforce of 53 employees as of Apr 02, 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 Economic 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 Economic Forge'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.
