Forace Speciality Chem Private Limited

Manufactures coatings and foundry chemicals for various industries in Haridwar.

2017 | Haridwar, Uttarakhand (India) | Active
Last Updated: November 16, 2024

Forace Speciality Chem Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 8.01 Cr
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 176.01 Cr
  • Revenue Growth 35.92%
  • Profit Growth 85.54%
  • Ebitda 68.17%
  • Net Worth 22.42%
  • Total Assets 61.63%

About Forace Speciality Chem

Forace Speciality Chem Private Limited (FSCPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 February 2017 (Seven years and 11 months 15 days old ). Its registered office is in Haridwar, Uttarakhand, 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 10.00 Cr and a paid-up capital of Rs 8.01 Cr.

The company currently has active open charges totaling ₹176.01 Cr.

Suresh Gupta, Vikas Garg, Sonia Garg, and Two other members serve as directors at the Company.

Company Details

  • Location

    Haridwar, Uttarakhand, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U36999UR2017PTC007621

  • Company No.

    007621

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Uttarakhand

Industry

Engineering

Who are the key members and board of directors at Forace Speciality Chem?

Board Members (5)

Name Designation Appointment Date Status
Sonia Garg Country flag representing In Director 23-Feb-2017 Current
Suresh Gupta Country flag representing In Director 12-Sep-2024 Current
Vikas Garg Country flag representing In Director 23-Feb-2017 Current
Dipak Ghosh Country flag representing In Director 12-Sep-2024 Current
Saksham Garg Country flag representing In Additional Director 16-Apr-2021 Current

Financial Performance of Forace Speciality Chem.

Forace Speciality Chem Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.92% increase. The company also saw a substantial improvement in profitability, with a 85.54% increase in profit. The company's net worth Soared by an impressive increase of 22.42%.

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
35.92%
Revenue from Operations
35.72%
Total Assets
61.63%
Profit or Loss
85.54%
Net Worth
22.42%
EBITDA
68.17%

What is the Ownership and Shareholding Structure of Forace Speciality Chem?

In 2023, Forace Speciality Chem 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

₹176.01 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 141.87 Cr
  • State Bank Of India : 34.14 Cr

Latest Charge Details

Date Lender Amount Status
09 Aug 2024 Hdfc Bank Limited ₹0.80 M Open
05 Jul 2024 Hdfc Bank Limited ₹100.00 Cr Open
05 Jul 2024 Hdfc Bank Limited ₹41.68 Cr Open
10 May 2024 Hdfc Bank Limited ₹1.10 M Open
19 Sep 2017 State Bank Of India ₹34.14 Cr Open

How Many Employees Work at Forace Speciality Chem?

Forace Speciality Chem has a workforce of 327 employees as of Mar 27, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Forace Speciality Chem, 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 Forace Speciality Chem'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 Forace Speciality Chem

Recent activity within the organization

  • Director Appointment

    Suresh Chandra Gupta was appointed as a Director was appointed as a Director on 12 Sep 2024 & has been associated with this company since 4 months 28 days .

    12 Sep 2024

  • Director Appointment

    Dipak Kumar Ghosh was appointed as a Director was appointed as a Director on 12 Sep 2024 & has been associated with this company since 4 months 28 days .

    12 Sep 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.08 Cr with Charge ID 100968768 was registered on 09 Aug 2024.

    09 Aug 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 100.00 Cr with Charge ID 100954861 was registered on 05 Jul 2024.

    05 Jul 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 41.68 Cr with Charge ID 100954873 was registered on 05 Jul 2024.

    05 Jul 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.11 Cr with Charge ID 100918672 was registered on 10 May 2024.

    10 May 2024

Frequently asked questions

  • Forace Speciality Chem Private Limited was incorporated on 23 Feb 2017.

  • The authorized share capital of Forace Speciality Chem Private Limited is ₹ 10.00 Cr and paid-up capital is ₹ 8.01 Cr.

  • Currently 5 directors are associated with Forace Speciality Chem Private Limited.

    • Suresh Chandra Gupta
    • Vikas Garg
    • Sonia Garg
    • Dipak Kumar Ghosh
    • Saksham Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Forace Speciality Chem Private Limited is Plot No.40 Sector- 11, Sidcul India, Haridwar, Uttarakhand, 249403.

  • The corporate identification number (CIN) of Forace Speciality Chem Private Limited is U36999UR2017PTC007621 and the company number is 007621 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Forace Speciality Chem Private Limited is https://www.foracepolymers.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Forace Speciality Chem Private Limited has risen by 35.92%.

  • As Per 2023 financial reports, 327 employees are currently employed by Forace Speciality Chem Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Forace Speciality Chem Private Limited has experienced an upsurge of 22.42%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Forace Speciality Chem Private Limited amount to ₹ 176.01 Cr.

  • The most recent Balance Sheet for Forace Speciality Chem Private Limited was filed with the ROC on 31 Mar 2023.

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