Forward Precision Engineers Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.85 M
- Company Age 37 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.00 Cr
- Satisfied Charges ₹ 55.33 Cr
- Revenue Growth -36.24%
- Profit Growth -105.73%
- Ebitda -24.53%
- Net Worth -79.43%
- Total Assets 9.96%
About Forward Precision Engineers
Forward Precision Engineers Pvt Ltd (FPEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 October 1987 and has a history of 37 years and three months. Its registered office is in Thane, Maharashtra, 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 1.00 M and a paid-up capital of Rs 0.85 M.
The company currently has active open charges totaling ₹5.00 Cr. The company has closed loans amounting to ₹55.33 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shailesh Tolia, Jelly Tolia, Viresh Tolia, and Five other members serve as directors at the Company.
Company Details
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Location
Thane, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U28920MH1987PTC045100
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Company No.
045100
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
26 Oct 1987
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Forward Precision Engineers Pvt Ltd offer?
Forward Precision Engineers Pvt Ltd offers a wide range of products and services, including Ball Bearing Assemblies & Components, Metal And Non Metal Balls, Steel Balls, Stainless Steel Balls, Chromium Steel Balls.
Who are the key members and board of directors at Forward Precision Engineers?
Board Members (8)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shailesh Tolia
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Director | 27-Jul-1988 | Current |
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Harsh Tolia
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Director | 01-Sep-2016 | Current |
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Jelly Tolia
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Director | 02-Dec-1991 | Current |
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Viresh Tolia
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Director | 27-Jul-1988 | Current |
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Dipti Tolia
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Director | 08-Jun-2011 | Current |
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Manan Tolia
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Director | 01-Sep-2016 | Current |
Financial Performance of Forward Precision Engineers.
Forward Precision Engineers Pvt Ltd, for the financial year ended 2021, experienced significant reduction in revenue, with a 36.24% decrease. The company also saw a substantial fall in profitability, with a 105.73% decrease in profit. The company's net worth observed a substantial decline by a decrease of 79.43%.
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What is the Ownership and Shareholding Structure of Forward Precision Engineers?
In 2021, Forward Precision Engineers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Tolia Industries LimitedShailesh Tolia, Viresh Tolia and 1 more are mutual person
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Tolia Ball & Roller LlpShailesh Tolia, Jelly Tolia and 5 more are mutual person
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Needumbra Industries Private LimitedJelly Tolia, Viresh Tolia and 5 more are mutual person
Charges (Loans)
₹50.00 M
₹553.30 M
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Nov 2021 | Hdfc Bank Limited | ₹5.00 Cr | Open |
| 18 Mar 2017 | Others | ₹1.75 Cr | Satisfied |
| 16 Mar 2017 | Others | ₹4.50 Cr | Satisfied |
| 28 Feb 2017 | Others | ₹3.90 Cr | Satisfied |
| 12 Sep 2014 | Icici Bank Limited | ₹7.50 Cr | Satisfied |
How Many Employees Work at Forward Precision Engineers?
Forward Precision Engineers has a workforce of 53 employees as of Mar 29, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Forward Precision Engineers, 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 Forward Precision Engineers's trajectory.
Rating
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
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.
