About
Basic Data Updated:
1 month agoForce Motors Limited, previously known as Bajaj Tempo Limited, is involved in the production of automotive components, aggregates, and vehicles. A wide range of products is offered by the company, including small commercial vehicles, MUVs, LCVs, SUVs, and agricultural tractors. The company's well-known brands in the LCV and MUV categories are Traveller, Trax, and Trump, while its tractors are sold under the names Balwan and Orchard. Additionally, the company is responsible for assembling engines for Mercedes-Benz India Pvt Ltd and BMW India Pvt Ltd. The manufacturing facilities of FML are situated in Pithampur, Madhya Pradesh, and Pune, Maharashtra. FML is a subsidiary of the Abhay Firodia Group. The company has established partnerships with renowned automotive companies such as Daimler, ZF, Ricardo, Bosch, and MAN. FML also exports its products to various regions, including the Middle East, Latin America, and Africa.
Industry
Company Details
- Location
Pune, Maharashtra, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
Products or Services related to Force Motors Limited
Force Tractor
Force Traveller
Intermediate and Light Commercial Vehicles
Force Ambulance
Financials of Force Motors Limited
Force Motors Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.64% increase. The company also saw a substantial improvement in profitability, with a 303.82% increase in profit. The company's net worth moved up by a moderate rise of 8.14%.
Corporate Structure
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People in Force Motors Limited
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Executive Team (4)
Sanjay Bohra
CFOAppointment Date: 16-Jan-2015
Status: Current
Prasan Firodia Managing DirectorAppointment Date: 30-Sep-2006
Status: Current
AF
Abhaykumar Firodia Managing DirectorAppointment Date: 01-Jul-2002
Status: Current
MD
Mr Deshpande Company SecretaryAppointment Date: 29-May-2023
Status: Current
Board Members(6)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 29 Jan 2024 | ₹300.00 Cr | Open |
State Bank Of India Creation Date: 15 Sep 2023 | ₹155.00 Cr | Open |
Others Creation Date: 21 Jun 2023 | ₹125.00 Cr | Open |
Deals i
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Rating
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Alert
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Related Corporates (Common Directorship)
Gulmohar Greens-Golf And Country Club Limited
Active
18 years 11 months Mukesh Patel is a mutual person
Force Mtu Power Systems Private Limited
Active 5 years 9 months Abhaykumar Firodia, Prasan Firodia and 1 more are mutual person
Recent activity within the organization
Charges
A charge with Hdfc Bank Limited amounted to Rs. 300.00 cr with Charge ID 100868019 was registered on 29 Jan 2024.
29 Jan 2024Charges
A charge registered on 02 Nov 2018 via Charge ID 100214902 with Hdfc Bank Limited was fully satisfied on 09 Nov 2023.
09 Nov 2023Annual General Meeting
Force Motors Limited last Annual general meeting of members was held on 28 Sep 2023 as per latest MCA records.
28 Sep 2023Charges
A charge registered on 13 Mar 2006 via Charge ID 80063315 with State Bank Of India was fully satisfied on 21 Sep 2023.
21 Sep 2023Charges
A charge with State Bank Of India amounted to Rs. 155.00 cr with Charge ID 100783033 was registered on 15 Sep 2023.
15 Sep 2023
Recent News, Updates & Announcement
Force Motors plans to invest around Rs 2000 cr in 34 years MD Prasan Firodia.Dailyexcelsior 05 Feb 2024
- Force Motors share price gains 4 on domestic sales boost.
Moneycontrol 07 Jul 2023
- Force Motors Aims to Test All Gurkha Versions Including Pickup and ThreeDoor Options GurkhaGoals TestingTesting12.
Force Motors be like Lets test all the Gurkha versions including pickup and more threedoor options GurkhaGoals TestingTesting12.
AutocarIndia 15 Jun 2023
- Force Motors gains to form JV with RollsRoyal Power to produce engines Business Standard News.
Business Standard 12 Sep 2017
- 2017 Force Gurkha launched at a starting price of Rs 844 lakh The Financial Express.
Financial Express 09 Sep 2017
Frequently asked questions
What is the Incorporation or founding date of Force Motors Limited?
