Forbes & Company Profile
Key Indicators
- Authorised Capital ₹ 43.05 Cr
as on 27-06-2024
- Paid Up Capital ₹ 12.90 Cr
as on 27-06-2024
- Company Age 105 Year, 1 Month
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 721.34 Cr
as on 27-06-2024
- Satisfied Charges ₹ 676.12 Cr
as on 27-06-2024
- Revenue 85.63%
(FY 2023)
- Profit -94.23%
(FY 2023)
- Ebitda -21.47%
(FY 2023)
- Net Worth 430.09%
(FY 2023)
- Total Assets 15.47%
(FY 2023)
About Forbes & Company
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 502865.
The Corporate was formerly known as The Gokak Mills Private. 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 43.05 Cr and a paid-up capital of Rs 12.90 Cr.
The company currently has active open charges totaling ₹721.34 Cr. The company has closed loans amounting to ₹676.12 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Forbes & Company Limited India are Pritesh Jhaveri as COMPANY SECRETARY and Nirmal Jagawat as Cfo. Nikhil Bhatia, Sivanandhan Dhanushkodi, Ravinder Prem, and Three other members serve as directors at the Company.
- CIN/LLPIN
L17110MH1919PLC000628
- Company No.
000628
- Stock Symbol
BSE : 502865
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
18 Nov 1919
- Date of AGM
10 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Forbes & Company Limited offer?
Forbes & Company Limited offers a wide range of products and services, including Stamping Tools & Stamping Machine, Stamping Parts, Cutting Tools & Milling Cutter, Threading Tap, Pliers, Screwdrivers & Hammers, Cutting Pliers, Carbide Milling Cutters, Drilling Bits, Collets and Chucks, Carbide Drills, Screwdriver & Screwdriver Set.
Who are the key members and board of directors at Forbes & Company?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Pritesh Jhaveri  | Company Secretary | 08-Apr-2024 | Current |
| Nirmal Jagawat | CFO | 30-Sep-2016 | Current |
Board Members(6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nikhil Bhatia | Director | 16-May-2019 | Current |
| Sivanandhan Dhanushkodi | Director | 14-Mar-2012 | Current |
| Ravinder Prem | Whole-Time Director | 08-Apr-2024 | Current |
| Jai Mavani | Director | 22-May-2012 | Current |
| Mahesh Chelaram | Director | 28-Apr-2016 | Current |
| Rani Ajit | Director | 01-Sep-2018 | Current |
Financial Performance and Corporate Structure Insights of Forbes & Company.
Forbes & Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 85.63% increase. The company also saw a substantial fall in profitability, with a 94.23% decrease in profit. The company's net worth Soared by an impressive increase of 430.09%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Forbes & Company?
In 2023, Forbes & Company had a promoter holding of 73.85% and a public holding of 26.16%. The company had 6 Subsidiaries, 2 Joint Ventures and 2 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Forbes Bumi Armada LimitedActive 18 years 9 monthsNikhil Bhatia and Mahesh Chelaram are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 18 Aug 2023 | ₹1.20 Cr | Open |
Others Creation Date: 07 Dec 2021 | ₹0.10 M | Open |
Axis Bank Limited Creation Date: 11 Nov 2021 | ₹0.50 M | Open |
How Many Employees Work at Forbes & Company?
Forbes & Company has a workforce of 137 employees as of Apr 01, 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 Forbes & Company, 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 Forbes & Company'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.
