Forgewell Limited

Founded in 1978 and headquartered in Haryana, India.

1978 | Faridabad, Haryana (India) | Active
Last Updated:

Forgewell Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 3.04 Cr
  • Company Age 47 Year, 22 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.39 Cr
  • Satisfied Charges ₹ 27.22 Cr
  • Revenue Growth 37.39%
  • Profit Growth 234.68%
  • Ebitda 74.04%
  • Net Worth 23.51%
  • Total Assets 1.16%

About Forgewell

Forgewell Limited (FL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 February 1978 and has a history of 47 years. Its registered office is in Faridabad, Haryana, 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 2024. It's a company limited by shares with an authorized capital of Rs 5.00 Cr and a paid-up capital of Rs 3.04 Cr.

The company currently has active open charges totaling ₹16.39 Cr. The company has closed loans amounting to ₹27.22 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shyam Khandelwal, Ram Khandelwal, and Pushpa Khandelwal serve as directors at the Company.

Company Details

  • Location

    Faridabad, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899HR1978PLC117941

  • Company No.

    008876

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Feb 1978

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

What products or services does Forgewell Limited offer?

Forgewell Limited offers a wide range of products and services, including Forged Components, Rolled Rings, Forgings, Forging Parts & Supplies, Forgings, Carbide Cutting Tools, Turning Tool.

Company report

Forgewell Limited

Explore comprehensive data for Forgewell Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Forgewell?

Board Members (3)

NameDesignationAppointment DateStatus
Ram Khandelwal Country flag representing In Director 10-Jul-2004Current
Shyam Khandelwal Country flag representing In Director 01-Apr-2002Current
Pushpa Khandelwal Country flag representing In Director 07-Jul-2015Current

Financial Performance of Forgewell.

Forgewell Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 37.39% increase. The company also saw a substantial improvement in profitability, with a 234.68% increase in profit. The company's net worth Soared by an impressive increase of 23.51%.

Forgewell revenue growth over time
Forgewell 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
37.39%
Revenue from Operations
38.21%
Total Assets
1.16%
Profit or Loss
234.68%
Net Worth
23.51%
EBITDA
74.04%

What is the Ownership and Shareholding Structure of Forgewell?

In 2022, Forgewell 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

₹16.39 Cr

Satisfied Charges

₹27.22 Cr

Charges Breakdown by Lending Institutions

  • Others : 16.39 Cr

Latest Charge Details

DateLenderAmountStatus
29 Feb 2024Others₹1.00 CrOpen
30 Jan 2019Others₹7.14 CrOpen
18 Sep 2018Others₹8.25 CrOpen
22 Mar 2016Others₹7.50 CrSatisfied
31 May 2011Icici Bank Limited₹7.50 MSatisfied

How Many Employees Work at Forgewell?

Forgewell has a workforce of 30 employees as of Apr 05, 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 Forgewell Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Forgewell Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Forgewell Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100932986 was registered on 29 Feb 2024.

  • Charges

    A charge with Others of Rs. 7.14 Cr registered on 30 Jan 2019 with Charge ID 100236731 was modified on 05 Jul 2021.

  • Charges

    A charge registered on 22 Mar 2016 via Charge ID 100038737 with Others was fully satisfied on 16 Jan 2020.

  • Charges

    A charge with Others amounted to Rs. 7.14 Cr with Charge ID 100236731 was registered on 30 Jan 2019.

Frequently asked questions

  • What is the Incorporation or founding date of Forgewell Limited?

    Forgewell Limited was incorporated on 22 Feb 1978.

  • What is authorized share capital and paid-up capital of Forgewell Limited?

    The authorized share capital of Forgewell Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.04 Cr.

  • Who are the current board members & directors of Forgewell Limited?

    Currently 3 directors are associated with Forgewell Limited.

    • Shyam Khandelwal
    • Ram Khandelwal
    • Pushpa Khandelwal
  • What is the registered address of Forgewell Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Forgewell Limited is Plot No. 24 Dlf-Ii, Fbd India, Faridabad, Haryana, 121003.

  • What is the corporate identification number (CIN) and company number of Forgewell Limited?

    The corporate identification number (CIN) of Forgewell Limited is U74899HR1978PLC117941 and the company number is 008876 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Forgewell Limited?

    The Official website of Forgewell Limited is https://www.forgewell.com

  • What has been the recent revenue trend for Forgewell Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Forgewell Limited has risen by 37.39%.

  • How many employees does Forgewell Limited currently have?

    As Per 2022 financial reports, 30 employees are currently employed by Forgewell Limited.

  • What change has been observed in the net worth of Forgewell Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Forgewell Limited has experienced an upsurge of 23.51%.

  • What are the total open charges for Forgewell Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Forgewell Limited amount to ₹ 16.39 Cr.

  • When was the last Balance Sheet of Forgewell Limited filed with the ROC?

    The most recent Balance Sheet for Forgewell Limited was filed with the ROC on 31 Mar 2024.

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