Fitwel Tools And Forgings Private Limite D

Manufactures hand tools and precision-forged components for various customers.

1983 | Tumkur, Karnataka (India) | Active
Last Updated: June 17, 2024

Fitwel Tools And Forgings Limite D Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 3.56 M
  • Company Age 41 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 114.10 Cr
  • Satisfied Charges ₹ 35.45 Cr
  • Revenue Growth 24.12%
  • Profit Growth 49.41%
  • Ebitda 14.58%
  • Net Worth 17.56%
  • Total Assets 12.90%

About Fitwel Tools And Forgings Limite D

Fitwel Tools And Forgings Private Limite D (FTAFPLD) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 November 1983 and has a history of 41 years and two months. Its registered office is in Tumkur, Karnataka, India.

The Company is engaged in the Machinery And Equipment 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 1.50 Cr and a paid-up capital of Rs 3.56 M.

The company currently has active open charges totaling ₹114.10 Cr. The company has closed loans amounting to ₹35.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Doddaballapur Ananth, Praveen Chauhan, Basavaraja Sondur, and One other member serve as directors at the Company.

Company Details

  • Location

    Tumkur, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29220KA1983PTC005690

  • Company No.

    005690

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Nov 1983

  • Date of AGM

    08 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

Who are the key members and board of directors at Fitwel Tools And Forgings Limite D?

Executive Team (1)

NameDesignationAppointment DateStatus
Doddaballapur Ananth Country flag representing In Managing Director24-Jun-2011Current

Board Members (3)

NameDesignationAppointment DateStatus
Praveen Chauhan Country flag representing In Director 28-Feb-2019Current
Basavaraja Sondur Country flag representing In Director 30-Aug-2014Current
Doddaballapur Nagakumar Country flag representing In Whole-Time Director 24-Jun-2011Current

Financial Performance of Fitwel Tools And Forgings Limite D.

Fitwel Tools And Forgings Private Limite D, for the financial year ended 2023, experienced significant growth in revenue, with a 24.12% increase. The company also saw a substantial improvement in profitability, with a 49.41% increase in profit. The company's net worth Soared by an impressive increase of 17.56%.

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
24.12%
Revenue from Operations
24.17%
Total Assets
12.90%
Profit or Loss
49.41%
Net Worth
17.56%
EBITDA
14.58%

What is the Ownership and Shareholding Structure of Fitwel Tools And Forgings Limite D?

In 2023, Fitwel Tools And Forgings Limite D 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

₹114.10 Cr

Satisfied Charges

₹35.45 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 91.10 Cr
  • Axis Bank Limited : 12.00 Cr
  • Others : 11.00 Cr

Latest Charge Details

DateLenderAmountStatus
26 Dec 2022Hdfc Bank Limited₹6.00 CrOpen
15 Dec 2022Hdfc Bank Limited₹6.00 CrOpen
27 May 2022Hdfc Bank Limited₹1.01 MOpen
30 Nov 2021Axis Bank Limited₹12.00 CrOpen
23 Oct 2020Hdfc Bank Limited₹5.12 CrOpen

How Many Employees Work at Fitwel Tools And Forgings Limite D?

Unlock and access historical data on people associated with Fitwel Tools And Forgings Limite D, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fitwel Tools And Forgings Limite D, 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 Fitwel Tools And Forgings Limite D'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 Fitwel Tools And Forgings Limite D

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 2.00 Cr registered on 08 Jul 2016 with Charge ID 100049827 was modified on 13 Nov 2023.

    13 Nov 2023

  • Annual General Meeting

    Fitwel Tools And Forgings Private Limite D last Annual general meeting of members was held on 08 Sep 2023 as per latest MCA records.

    08 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 33.50 Cr registered on 14 Aug 2018 with Charge ID 100204085 was modified on 17 Aug 2023.

    17 Aug 2023

  • Charges

    A charge registered on 31 Mar 2003 via Charge ID 90192683 with State Bank Of Mysore was fully satisfied on 13 Jun 2023.

    13 Jun 2023

  • Charges

    A charge registered on 10 Jun 1988 via Charge ID 90193376 with State Bank Of Mysore was fully satisfied on 13 Jun 2023.

    13 Jun 2023

  • Charges

    A charge registered on 10 Jun 1988 via Charge ID 90190291 with State Bank Of Mysore was fully satisfied on 13 Jun 2023.

    13 Jun 2023

Frequently asked questions

  • Fitwel Tools And Forgings Private Limite D was incorporated on 19 Nov 1983.

  • The authorized share capital of Fitwel Tools And Forgings Private Limite D is ₹ 1.50 Cr and paid-up capital is ₹ 3.56 M.

  • Currently 4 directors are associated with Fitwel Tools And Forgings Private Limite D.

    • Doddaballapur Subramanya Ananth
    • Praveen Chauhan
    • Basavaraja Murugendrappa Sondur
    • Doddaballapur Narayan Nagakumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Fitwel Tools And Forgings Private Limite D is Unit No.5 Kht Complex Antharasanahalli, Tumkur, Karnataka, India, 572106.

  • The corporate identification number (CIN) of Fitwel Tools And Forgings Private Limite D is U29220KA1983PTC005690 and the company number is 005690 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Fitwel Tools And Forgings Private Limite D is https://www.fitwelforge.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Fitwel Tools And Forgings Private Limite D has risen by 24.12%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Fitwel Tools And Forgings Private Limite D has experienced an upsurge of 17.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Fitwel Tools And Forgings Private Limite D amount to ₹ 114.10 Cr.

  • The most recent Balance Sheet for Fitwel Tools And Forgings Private Limite D was filed with the ROC on 31 Mar 2023.

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