Fitwel Tools And Forgings Private Limited

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

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

Fitwel Tools And Forgings Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 3.56 M
  • Company Age 41 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 122.10 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

Fitwel Tools And Forgings Private Limited (FTAFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 November 1983 and has a history of 41 years and three 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 2024. 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 ₹122.10 Cr. The company has closed loans amounting to ₹35.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Doddaballapur Ananth, Doddaballapur Nagakumar, Basavaraja Sondur, and Two other members serve as directors at the Company.

Company Details

  • Location

    Tumkur, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • 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

    09 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • 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?

Executive Team (1)

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

Board Members (4)

NameDesignationAppointment DateStatus
Doddaballapur Nagakumar Country flag representing In Whole-Time Director 24-Jun-2011Current
Basavaraja Sondur Country flag representing In Director 30-Aug-2014Current
Satyanarayan Patel Director 07-Aug-2024Current
Praveen Chauhan Country flag representing In Director 28-Feb-2019Current

Financial Performance of Fitwel Tools And Forgings.

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%.

Fitwel Tools And Forgings revenue growth over time
Fitwel Tools And 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
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?

In 2023, Fitwel Tools And 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

₹122.10 Cr

Satisfied Charges

₹35.45 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 99.10 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?

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

Employee growth trends for Fitwel Tools And Forgings Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fitwel Tools And 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 Fitwel Tools And 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 Fitwel Tools And Forgings

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited of Rs. 41.50 Cr registered on 14 Aug 2018 with Charge ID 100204085 was modified on 16 Jan 2025.

  • Annual General Meeting

    Fitwel Tools And Forgings Private Limited last Annual general meeting of members was held on 09 Sep 2024 as per latest MCA records.

  • Director Appointment

    Satyanarayan Patel was appointed as a Director was appointed as a Director on 07 Aug 2024 & has been associated with this company since 7 months .

  • Balance Sheet

    Fitwel Tools And Forgings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • 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.

  • Charges

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

Frequently asked questions

  • What is the Incorporation or founding date of Fitwel Tools And Forgings Private Limited?

    Fitwel Tools And Forgings Private Limited was incorporated on 19 Nov 1983.

  • What is authorized share capital and paid-up capital of Fitwel Tools And Forgings Private Limited?

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

  • Who are the current board members & directors of Fitwel Tools And Forgings Private Limited?

    Currently 5 directors are associated with Fitwel Tools And Forgings Private Limited.

    • Doddaballapur Subramanya Ananth
    • Doddaballapur Narayan Nagakumar
    • Basavaraja Murugendrappa Sondur
    • Satyanarayan Patel
    • Praveen Chauhan

  • What is the registered address of Fitwel Tools And Forgings Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Fitwel Tools And Forgings Private Limited is Unit No.5 Kht Complex Antharasanahalli, India, Tumkur, Karnataka, 572106.

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

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

  • What is the official website of Fitwel Tools And Forgings Private Limited?

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

  • What has been the recent revenue trend for Fitwel Tools And Forgings Private Limited?

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

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

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

  • What are the total open charges for Fitwel Tools And Forgings Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Fitwel Tools And Forgings Private Limited amount to ₹ 122.10 Cr.

  • When was the last Balance Sheet of Fitwel Tools And Forgings Private Limited filed with the ROC?

    The most recent Balance Sheet for Fitwel Tools And Forgings Private Limited was filed with the ROC on 31 Mar 2024.

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