Forxar Industries Private Limited

Manufactures valves, flanges, fittings, and pipes for various industries, established in 2017.

2017 | Mumbai, Maharashtra (India) | Active
Last Updated: July 31, 2024

Forxar Industries Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 7 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 0.23 M
  • Revenue Growth -2.84%
  • Profit Growth 55.31%
  • Ebitda 4.12%
  • Net Worth 17.87%
  • Total Assets 31.95%

About Forxar Industries

Forxar Industries Private Limited (FIPL) is a Private Limited Indian Non-Government Company incorporated in India on 11 December 2017 (Seven years and one month 28 days old ). Its registered office is in Mumbai, 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 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹0.23 M.

Naresh Mehta, Jaisal Mehta, and Mukesh Mehta serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27300MH2017PTC302694

  • Company No.

    302694

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Dec 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment
Manufacturing

Who are the key members and board of directors at Forxar Industries?

Board Members (3)

Name Designation Appointment Date Status
Naresh Mehta Country flag representing In Director 11-Dec-2017 Current
Jaisal Mehta Country flag representing In Director 11-Dec-2017 Current
Mukesh Mehta Country flag representing In Director 07-Mar-2019 Current

Financial Performance of Forxar Industries.

Forxar Industries Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 2.84% decrease. The company also saw a substantial improvement in profitability, with a 55.31% increase in profit. The company's net worth Soared by an impressive increase of 17.87%.

Graph illustrating revenue growth over time
Graph showing 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
-2.84%
Revenue from Operations
-2.77%
Total Assets
31.95%
Profit or Loss
55.31%
Net Worth
17.87%
EBITDA
4.12%

What is the Ownership and Shareholding Structure of Forxar Industries?

In 2023, Forxar Industries had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.02 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The South Indian Bank Limited : 0.02 Cr

Latest Charge Details

Date Lender Amount Status
30 Nov 2023 The South Indian Bank Limited ₹0.10 M Open
30 Nov 2023 The South Indian Bank Limited ₹0.07 M Open
17 Oct 2022 The South Indian Bank Limited ₹0.06 M Open

How Many Employees Work at Forxar Industries?

Forxar Industries has a workforce of 56 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 0.01 Cr with Charge ID 100842701 was registered on 30 Nov 2023.

    30 Nov 2023

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 0.01 Cr with Charge ID 100842707 was registered on 30 Nov 2023.

    30 Nov 2023

  • Annual General Meeting

    Forxar Industries Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Forxar Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with The South Indian Bank Limited amounted to Rs. 0.01 Cr with Charge ID 100626050 was registered on 17 Oct 2022.

    17 Oct 2022

  • Director Appointment

    Mukesh Mafatlal Mehta was appointed as a Director was appointed as a Director on 07 Mar 2019 & has been associated with this company since 5 years 11 months .

    07 Mar 2019

Frequently asked questions

  • Forxar Industries Private Limited was incorporated on 11 Dec 2017.

  • The authorized share capital of Forxar Industries Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 3 directors are associated with Forxar Industries Private Limited.

    • Naresh Mafatlal Mehta
    • Jaisal Naresh Mehta
    • Mukesh Mafatlal Mehta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Forxar Industries Private Limited is A-901 Floor – 9Th Plat-Cs 1040 Girgaon Sanghvi Galaxy Khetwadi 10Th Lane, Mumbai, Maharashtra, India, 400004.

  • The corporate identification number (CIN) of Forxar Industries Private Limited is U27300MH2017PTC302694 and the company number is 302694 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Forxar Industries Private Limited is https://www.forxarind.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Forxar Industries Private Limited has fallen by -2.84%.

  • As Per 2023 financial reports, 56 employees are currently employed by Forxar Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Forxar Industries Private Limited has experienced an upsurge of 17.87%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Forxar Industries Private Limited amount to ₹ 0.23 M.

  • The most recent Balance Sheet for Forxar Industries Private Limited was filed with the ROC on 31 Mar 2023.