Forgings (India) Iron & Steel Ltd.

Manufactures and exports forgings for various industries using steel and iron.

1974 | Kolkata, West Bengal (India) | Active
Last Updated:

Forgings (India) Iron & Steel Profile

Key Indicators

  • Authorised Capital ₹ 10.50 Cr
  • Paid Up Capital ₹ 8.06 Cr
  • Company Age 50 Year, 7 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 0.87 M
  • Satisfied Charges ₹ 21.43 Cr
  • Revenue Growth -45.33%
  • Profit Growth -30.29%
  • Ebitda 45.20%
  • Net Worth -15.10%
  • Total Assets 8.83%

About Forgings (India) Iron & Steel

Forgings (India) Iron & Steel Ltd. (FIISL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 September 1974 and has a history of 50 years and seven months. Its registered office is in Kolkata, West Bengal, India.

The Corporate was formerly known as Forgings (India) Iron & Steel Private Ltd. 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 2022. It's a company limited by shares with an authorized capital of Rs 10.50 Cr and a paid-up capital of Rs 8.06 Cr.

The company currently has active open charges totaling ₹0.87 M. The company has closed loans amounting to ₹21.43 Cr, as per Ministry of Corporate Affairs (MCA) records.

Uttam Agarwal, Avinash Agarwal, and Hitesh Agarwal serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27109WB1974PLC029649

  • Company No.

    029649

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 Sep 1974

  • Date of AGM

    15 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Machinery and Equipment

What products or services does Forgings (India) Iron & Steel Ltd. offer?

Forgings (India) Iron & Steel Ltd. offers a wide range of products and services, including Nails & Pins, Metal Pins, Crane Spare Parts, Crane Hoist, Crane Wheels, Industrial Shafts, Hollow Shaft, Forged Shafts, Axle, Truck Axle Shaft.

Company report

Forgings (India) Iron & Steel Ltd.

Explore comprehensive data for Forgings (India) Iron & Steel Ltd., including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Forgings (India) Iron & Steel?

Board Members (3)

NameDesignationAppointment DateStatus
Uttam Agarwal Country flag representing In Director 02-Dec-2020Current
Avinash Agarwal Country flag representing In Director 12-Mar-2007Current
Hitesh Agarwal Country flag representing In Director 02-Dec-2020Current

Financial Performance of Forgings (India) Iron & Steel.

Forgings (India) Iron & Steel Ltd., for the financial year ended 2015, experienced significant reduction in revenue, with a 45.33% decrease. The company also saw a substantial fall in profitability, with a 30.29% decrease in profit. The company's net worth observed a substantial decline by a decrease of 15.1%.

Forgings (India) Iron & Steel revenue growth over time
Forgings (India) Iron & Steel 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
-45.33%
Revenue from Operations
-45.53%
Total Assets
8.83%
Profit or Loss
-30.29%
Net Worth
-15.10%
EBITDA
45.20%

What is the Ownership and Shareholding Structure of Forgings (India) Iron & Steel?

In 2022, Forgings (India) Iron & Steel had a promoter holding of 49.73% and a public holding of 50.27%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.09 Cr

Satisfied Charges

₹21.43 Cr

Charges Breakdown by Lending Institutions

  • The Federal Bank Ltd : 0.09 Cr

Latest Charge Details

DateLenderAmountStatus
12 Feb 2010The Federal Bank Ltd₹0.87 MOpen
24 Mar 2009State Bank Of India₹15.85 CrSatisfied
27 Aug 1991Uco Bank₹0.28 MSatisfied
04 Aug 1980Uco Bank₹5.55 CrSatisfied

How Many Employees Work at Forgings (India) Iron & Steel?

Forgings (India) Iron & Steel has a workforce of 2 employees as of Apr 06, 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 Forgings (India) Iron & Steel Ltd.

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Forgings (India) Iron & Steel, 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 Forgings (India) Iron & Steel'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 Forgings (India) Iron & Steel

Recent activity within the organization

  • Annual General Meeting

    Forgings (India) Iron & Steel Ltd. last Annual general meeting of members was held on 15 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Forgings (India) Iron & Steel Ltd. has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Kolkata.

  • Director Appointment

    Uttam Kumar Agarwal was appointed as a Director was appointed as a Director on 02 Dec 2020 & has been associated with this company since 4 years 5 months .

  • Director Appointment

    Hitesh Agarwal was appointed as a Director was appointed as a Director on 02 Dec 2020 & has been associated with this company since 4 years 5 months .

  • Charges

    A charge registered on 24 Mar 2009 via Charge ID 10175068 with State Bank Of India was fully satisfied on 20 Aug 2018.

  • Charges

    A charge with State Bank Of India of Rs. 15.85 Cr registered on 24 Mar 2009 with Charge ID 10175068 was modified on 25 May 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Forgings (India) Iron & Steel Ltd.?

    Forgings (India) Iron & Steel Ltd. was incorporated on 17 Sep 1974.

  • What is authorized share capital and paid-up capital of Forgings (India) Iron & Steel Ltd.?

    The authorized share capital of Forgings (India) Iron & Steel Ltd. is ₹ 10.50 Cr and paid-up capital is ₹ 8.06 Cr.

  • Who are the current board members & directors of Forgings (India) Iron & Steel Ltd.?

    Currently 3 directors are associated with Forgings (India) Iron & Steel Ltd..

    • Uttam Kumar Agarwal
    • Avinash Kumar Agarwal
    • Hitesh Agarwal

  • What is the registered address of Forgings (India) Iron & Steel Ltd.?

    As per Ministry of Corporate Affairs (Mca), the registered address of Forgings (India) Iron & Steel Ltd. is 6 Brabourneroad, Vaishnochambers India, Kolkata, West Bengal, 700001.

  • What is the corporate identification number (CIN) and company number of Forgings (India) Iron & Steel Ltd.?

    The corporate identification number (CIN) of Forgings (India) Iron & Steel Ltd. is U27109WB1974PLC029649 and the company number is 029649 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Forgings (India) Iron & Steel Ltd.?

    The Official website of Forgings (India) Iron & Steel Ltd. is https://www.forgingsworld.com

  • What has been the recent revenue trend for Forgings (India) Iron & Steel Ltd.?

    According to the financial reports for the fiscal year 2015, the revenue trend for Forgings (India) Iron & Steel Ltd. has fallen by -45.33%.

  • How many employees does Forgings (India) Iron & Steel Ltd. currently have?

    As Per 2015 financial reports, 2 employees are currently employed by Forgings (India) Iron & Steel Ltd..

  • What change has been observed in the net worth of Forgings (India) Iron & Steel Ltd., and by what percentage?

    The financial reports for the fiscal year 2015 indicates that The net worth of Forgings (India) Iron & Steel Ltd. has experienced an downturn of -15.10%.

  • What are the total open charges for Forgings (India) Iron & Steel Ltd.?

    As per the financial statements for fiscal Year 2015, The total open charges for Forgings (India) Iron & Steel Ltd. amount to ₹ 0.87 M.

  • When was the last Balance Sheet of Forgings (India) Iron & Steel Ltd. filed with the ROC?

    The most recent Balance Sheet for Forgings (India) Iron & Steel Ltd. was filed with the ROC on 31 Mar 2022.

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