Friends Forgings Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.60 M
- Company Age 27 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 1.15 Cr
- Satisfied Charges ₹ 3.51 Cr
- Revenue Growth 23.40%
- Profit Growth 22.86%
- Ebitda 6.89%
- Net Worth 13.17%
- Total Assets 0.87%
About Friends Forgings
Friends Forgings Private Limited (FFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 April 1997 and has a history of 27 years and ten months. Its registered office is in Faridabad, Haryana, India.
The Corporate was formerly known as Sanyo Finance & Investment Private Limited. The Company is engaged in the Metals And Minerals 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 Cr and a paid-up capital of Rs 9.60 M.
The company currently has active open charges totaling ₹1.15 Cr. The company has closed loans amounting to ₹3.51 Cr, as per Ministry of Corporate Affairs (MCA) records.
Satvir Sindhu, Jawahar Malhotra, and Anita Mehra 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
U27310HR1997PTC100725
- Company No.
086722
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
17 Apr 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Friends Forgings Private Limited offer?
Friends Forgings Private Limited offers a wide range of products and services, including Tractor, Tractor Parts & Assemblies, Tractor Shafts & Transmission Parts, Brakes & Braking Systems, Motorcycle Brake Part, Faucets, Water Taps and Bib Cocks, Stopcock, Gearbox, Axle, Sprocket & Gear Parts, Automotive Gears, Gear parts.
Who are the key members and board of directors at Friends Forgings?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Satvir Sindhu  | Director | 01-Oct-1999 | Current |
| Jawahar Malhotra | Director | 17-Apr-1997 | Current |
| Anita Mehra | Director | 30-Jun-2021 | Current |
Financial Performance of Friends Forgings.
Friends Forgings Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 23.4% increase. The company also saw a substantial improvement in profitability, with a 22.86% increase in profit. The company's net worth Soared by an impressive increase of 13.17%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Friends Forgings?
In 2022, Friends Forgings had a promoter holding of 44.75% and a public holding of 55.25%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹1.15 Cr
₹3.51 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 1.15 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Aug 2017 | Axis Bank Limited | ₹1.15 Cr | Open |
| 27 Mar 2012 | Syndicate Bank | ₹1.38 M | Satisfied |
| 29 Jun 2006 | Syndicate Bank | ₹1.44 Cr | Satisfied |
| 29 Jun 2006 | Syndicate Bank | ₹1.44 Cr | Satisfied |
| 18 Dec 2004 | Syndicate Bank | ₹5.00 M | Satisfied |
How Many Employees Work at Friends Forgings?
Friends Forgings has a workforce of 3 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Friends Forgings, 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 Friends Forgings'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.
