Forge Tools (Mysore) Private Limited

Manufactures forging dies and provides tool making services through its subsidiary.

1977 | Mysuru, Karnataka (India) | Active
Last Updated:

Forge Tools (Mysore) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.20 M
  • Company Age 47 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 30.00 Cr
  • Satisfied Charges ₹ 198.94 Cr
  • Revenue Growth %
  • Profit Growth 79.81%
  • Ebitda 27.04%
  • Net Worth -0.80%
  • Total Assets %

About Forge Tools (Mysore)

Forge Tools (Mysore) Private Limited (FTMPL) is a Private Limited Indian Non-Government Company incorporated in India on 21 March 1977 and has a history of 47 years and 11 months. Its registered office is in Mysuru, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 M and a paid-up capital of Rs 0.20 M.

The company currently has active open charges totaling ₹30.00 Cr. The company has closed loans amounting to ₹198.94 Cr, as per Ministry of Corporate Affairs (MCA) records.

Suresh Subramaniam and Prakash Nagarajan serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U28991KA1977PTC003128

  • Company No.

    003128

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Mar 1977

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Machinery and Equipment

Who are the key members and board of directors at Forge Tools (Mysore)?

Board Members (2)

NameDesignationAppointment DateStatus
Suresh Subramaniam Country flag representing In Director 30-Sep-2021Current
Prakash Nagarajan Country flag representing In Director 14-Jun-2019Current

Financial Performance of Forge Tools (Mysore).

Forge Tools (Mysore) Private Limited, for the financial year ended 2023, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 79.81% increase in profit. The company's net worth dipped by a decrease of 0.8%.

Forge Tools (Mysore) revenue growth over time
Forge Tools (Mysore) 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
Revenue from Operations
Total Assets
Profit or Loss
79.81%
Net Worth
-0.80%
EBITDA
27.04%

What is the Ownership and Shareholding Structure of Forge Tools (Mysore)?

In 2022, Forge Tools (Mysore) 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

₹300.00 M

Satisfied Charges

₹1,989.40 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 15.00 Cr
  • Axis Bank Limited : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
28 Feb 2020Axis Bank Limited₹15.00 CrOpen
07 Aug 2019State Bank Of India₹5.00 CrOpen
15 Apr 2017State Bank Of India₹10.00 CrOpen
16 Oct 2008Indian Overseas Bank₹169.00 CrSatisfied
02 Mar 2006State Bank Of Mysore₹29.94 CrSatisfied

How Many Employees Work at Forge Tools (Mysore)?

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

Employee growth trends for Forge Tools (Mysore) Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Forge Tools (Mysore), 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 Tools (Mysore)'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 Tools (Mysore)

Recent activity within the organization

  • Annual General Meeting

    Forge Tools (Mysore) Private Limited last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Forge Tools (Mysore) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

  • Director Appointment

    Suresh Subramaniam was appointed as a Director was appointed as a Director on 30 Sep 2021 & has been associated with this company since 3 years 5 months .

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 150.00 M with Charge ID 100334296 was registered on 28 Feb 2020.

  • Charges

    A charge with State Bank Of India amounted to Rs. 50.00 M with Charge ID 100296216 was registered on 07 Aug 2019.

  • Director Appointment

    Prakash Nagarajan was appointed as a Director was appointed as a Director on 14 Jun 2019 & has been associated with this company since 5 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Forge Tools (Mysore) Private Limited?

    Forge Tools (Mysore) Private Limited was incorporated on 21 Mar 1977.

  • What is authorized share capital and paid-up capital of Forge Tools (Mysore) Private Limited?

    The authorized share capital of Forge Tools (Mysore) Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.20 M.

  • Who are the current board members & directors of Forge Tools (Mysore) Private Limited?

    Currently 2 directors are associated with Forge Tools (Mysore) Private Limited.

    • Suresh Subramaniam
    • Prakash Nagarajan

  • What is the registered address of Forge Tools (Mysore) Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Forge Tools (Mysore) Private Limited is No. 82-84 Belagola Industrial Area Krs Road Metagalli Post, Mysuru, Karnataka, India, 570016.

  • What is the corporate identification number (CIN) and company number of Forge Tools (Mysore) Private Limited?

    The corporate identification number (CIN) of Forge Tools (Mysore) Private Limited is U28991KA1977PTC003128 and the company number is 003128 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Forge Tools (Mysore) Private Limited?

    The Official website of Forge Tools (Mysore) Private Limited is https://www.siderforgerossiindia.com

  • What change has been observed in the net worth of Forge Tools (Mysore) Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Forge Tools (Mysore) Private Limited has experienced an downturn of -0.80%.

  • What are the total open charges for Forge Tools (Mysore) Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Forge Tools (Mysore) Private Limited amount to ₹ 30.00 Cr.

  • When was the last Balance Sheet of Forge Tools (Mysore) Private Limited filed with the ROC?

    The most recent Balance Sheet for Forge Tools (Mysore) Private Limited was filed with the ROC on 31 Mar 2023.

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