Economic Forge Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.00 M
- Company Age 41 Year, 27 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 4.64 Cr
- Satisfied Charges ₹ 11.99 Cr
- Revenue Growth 24.89%
- Profit Growth 50.71%
- Ebitda 73.55%
- Net Worth 12.60%
- Total Assets 9.98%
About Economic Forge
Economic Forge Pvt Ltd (EFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 14 February 1984 and has a history of 41 years. Its registered office is in Thane, Maharashtra, India.
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.
Company Details
- Location
Thane, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Metals and Minerals
Economic Forge Pvt Ltd
Explore comprehensive data for Economic Forge Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
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)
Tci Industries LimitedRavi Jhunjhunwala is a mutual person
Supreme Engineering LimitedSanjay Chowdhri is a mutual person
- Shailaja Agencies Private Limited
Ravi Jhunjhunwala and Mayank Jhunjhunwala are mutual person
- A.S.C Engineers Private Limited
Sanjay Chowdhri is a mutual person
Charges (Loans)
Open Charges
₹46.37 M
Satisfied Charges
₹119.89 M
Charges Breakdown by Lending Institutions
- Others : 4.50 Cr
- Bank Of Baroda : 0.12 Cr
- The Sarawat Co-Operative Bank Ltd. : 0.01 Cr
- Bank O F Baroda : 0.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Jun 2016 | Others | ₹4.50 Cr | Open |
| 05 Aug 1992 | Bank Of Baroda | ₹0.45 M | Open |
| 02 Jan 1991 | Bank Of Baroda | ₹0.30 M | Open |
| 10 Jun 1989 | The Sarawat Co-Operative Bank Ltd. | ₹0.10 M | Open |
| 16 Oct 1986 | Bank O F Baroda | ₹0.07 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.
Latest Updates, News, and FAQs on Economic Forge
Recent activity within the organization
- Annual General Meeting
Economic Forge Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Economic Forge Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 29 Apr 2014 via Charge ID 10493030 with Dombivli Nagari Sahakari Bank Limited was fully satisfied on 23 Jun 2016.
- Charges
A charge registered on 23 May 2011 via Charge ID 10341706 with Dombivli Nagari Sahakari Bank Limited was fully satisfied on 23 Jun 2016.
- Charges
A charge with Others amounted to Rs. 45.00 M with Charge ID 100035787 was registered on 22 Jun 2016.
- Charges
A charge registered on 12 May 2005 via Charge ID 90145744 with Dombvli Nagrik Sahakari Bank Ltd. was fully satisfied on 14 Jun 2016.
Frequently asked questions
What is the Incorporation or founding date of Economic Forge Pvt Ltd?
Economic Forge Pvt Ltd was incorporated on 14 Feb 1984.
What is authorized share capital and paid-up capital of Economic Forge Pvt Ltd?
The authorized share capital of Economic Forge Pvt Ltd is ₹ 2.50 M and paid-up capital is ₹ 2.00 M.
Who are the current board members & directors of Economic Forge Pvt Ltd?
Currently 3 directors are associated with Economic Forge Pvt Ltd.
- Ravi Shanker Jhunjhunwala
- Mayank Ravi Shankar Jhunjhunwala
- Sanjay Chowdhri
What is the registered address of Economic Forge Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Economic Forge Pvt Ltd is R 263 Itc Indl Area Rabalevillage Belapur Road India, Thane, Maharashtra, 400701.
What is the corporate identification number (CIN) and company number of Economic Forge Pvt Ltd?
The corporate identification number (CIN) of Economic Forge Pvt Ltd is U28900MH1984PTC032164 and the company number is 032164 as per Ministry of Corporate Affairs (MCA).
What is the official website of Economic Forge Pvt Ltd?
The Official website of Economic Forge Pvt Ltd is https://www.economicforge.com
What has been the recent revenue trend for Economic Forge Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Economic Forge Pvt Ltd has risen by 24.89%.
How many employees does Economic Forge Pvt Ltd currently have?
As Per 2023 financial reports, 53 employees are currently employed by Economic Forge Pvt Ltd.
What change has been observed in the net worth of Economic Forge Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Economic Forge Pvt Ltd has experienced an upsurge of 12.60%.
What are the total open charges for Economic Forge Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Economic Forge Pvt Ltd amount to ₹ 4.64 Cr.
When was the last Balance Sheet of Economic Forge Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Economic Forge Pvt Ltd was filed with the ROC on 31 Mar 2024.
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