Forge India Pvt Ltd

Manufacturer and exporter of forged and machined components for various industries, including agriculture and automotive.

1981 | Solan, Himachal Pradesh (India) | Active
Last Updated:

Forge India Profile

Key Indicators

  • Authorised Capital ₹ 7.50 M
  • Paid Up Capital ₹ 7.22 M
  • Company Age 44 Year, 8 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 49.63 Cr
  • Satisfied Charges ₹ 6.04 Cr
  • Revenue Growth -21.63%
  • Profit Growth 91.08%
  • Ebitda 108.28%
  • Net Worth -2.62%
  • Total Assets 1.08%

About Forge India

Forge India Pvt Ltd (FIPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 February 1981 and has a history of 44 years. Its registered office is in Solan, Himachal Pradesh, 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 7.50 M and a paid-up capital of Rs 7.22 M.

The company currently has active open charges totaling ₹49.63 Cr. The company has closed loans amounting to ₹6.04 Cr, as per Ministry of Corporate Affairs (MCA) records.

Alok Sharma, Aamrish Murari, and Rajesh Bedi serve as directors at the Company.

Company Details

  • Location

    Solan, Himachal Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    forgeindia.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U28610HP1981PTC004418

  • Company No.

    004418

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Feb 1981

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Himachal Pradesh

Industry

Machinery and Equipment

What products or services does Forge India Pvt Ltd offer?

Forge India Pvt Ltd offers a wide range of products and services, including Metal Pipe & Plumbing Fittings, Pipe Fittings, Tractor, Tractor Parts & Assemblies, Tractor Shafts & Transmission Parts, Suspension System & Components, Suspension Parts, Automobile Fittings & Components, Bike Spare Parts, Commercial Vehicle Spare Parts, Axle.

Who are the key members and board of directors at Forge India?

Board Members (3)

NameDesignationAppointment DateStatus
Alok Sharma Country flag representing In Director 25-Jan-2006Current
Aamrish Murari Country flag representing In Additional Director Current
Rajesh Bedi Country flag representing In Director 27-Sep-2023Current

Financial Performance of Forge India.

Forge India Pvt Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 21.63% decrease. The company also saw a substantial improvement in profitability, with a 91.08% increase in profit. The company's net worth dipped by a decrease of 2.62%.

Forge India revenue growth over time
Forge India 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
-21.63%
Revenue from Operations
-22.20%
Total Assets
1.08%
Profit or Loss
91.08%
Net Worth
-2.62%
EBITDA
108.28%

What is the Ownership and Shareholding Structure of Forge India?

In 2023, Forge India 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

₹496.29 M

Satisfied Charges

₹60.43 M

Charges Breakdown by Lending Institutions

  • Canara Bank : 26.72 Cr
  • Small Industries Development Bank Of India : 21.13 Cr
  • Small Industries Developlment Bank Of India : 1.00 Cr
  • Small Industries Development Bank Of India (Sidbi) : 0.75 Cr
  • Himachal Pradesh Financial Corporaiton : 0.03 Cr

Latest Charge Details

DateLenderAmountStatus
08 May 2014Canara Bank₹1.50 CrOpen
24 Jan 2014Small Industries Development Bank Of India₹6.00 CrOpen
31 Dec 2013Canara Bank₹1.50 CrOpen
22 Jul 2013Small Industries Development Bank Of India₹3.00 CrOpen
23 Mar 2013Small Industries Developlment Bank Of India₹1.00 CrOpen

How Many Employees Work at Forge India?

Forge India has a workforce of 28 employees as of Apr 09, 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.

Employee growth trends for Forge India Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Forge India, 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 Forge India'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 Forge India

Recent activity within the organization

  • Annual General Meeting

    Forge India Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Director Appointment

    Rajesh Kumar Bedi was appointed as a Director was appointed as a Director on 27 Sep 2023 & has been associated with this company since 1 year 5 months .

  • Balance Sheet

    Forge India Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Himachal Pradesh.

  • Charges

    A charge with Canara Bank of Rs. 229.66 M registered on 26 Mar 2009 with Charge ID 10152493 was modified on 28 Oct 2019.

  • Charges

    A charge with Canara Bank amounted to Rs. 15.00 M with Charge ID 10496810 was registered on 08 May 2014.

  • Charges

    A charge with Small Industries Development Bank Of India amounted to Rs. 60.00 M with Charge ID 10473318 was registered on 24 Jan 2014.

Frequently asked questions

  • What is the Incorporation or founding date of Forge India Pvt Ltd?

    Forge India Pvt Ltd was incorporated on 23 Feb 1981.

  • What is authorized share capital and paid-up capital of Forge India Pvt Ltd?

    The authorized share capital of Forge India Pvt Ltd is ₹ 7.50 M and paid-up capital is ₹ 7.22 M.

  • Who are the current board members & directors of Forge India Pvt Ltd?

    Currently 3 directors are associated with Forge India Pvt Ltd.

    • Alok Sharma
    • Aamrish Kumar Murari
    • Rajesh Kumar Bedi
  • What is the registered address of Forge India Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Forge India Pvt Ltd is Plot No. 60 Sector 5, India, Parwanoo, Himachal Pradesh, 173220.

  • What is the corporate identification number (CIN) and company number of Forge India Pvt Ltd?

    The corporate identification number (CIN) of Forge India Pvt Ltd is U28610HP1981PTC004418 and the company number is 004418 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Forge India Pvt Ltd?

    The Official website of Forge India Pvt Ltd is https://www.forgeindia.com

  • What has been the recent revenue trend for Forge India Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Forge India Pvt Ltd has fallen by -21.63%.

  • How many employees does Forge India Pvt Ltd currently have?

    As Per 2023 financial reports, 28 employees are currently employed by Forge India Pvt Ltd.

  • What change has been observed in the net worth of Forge India Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Forge India Pvt Ltd has experienced an downturn of -2.62%.

  • What are the total open charges for Forge India Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Forge India Pvt Ltd amount to ₹ 49.63 Cr.

  • When was the last Balance Sheet of Forge India Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Forge India Pvt Ltd was filed with the ROC on 31 Mar 2023.

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