G B Tools & Forgings Limited

Manufacturer of hand tools, including spanners, wrenches, and screwdrivers, with two units in Punjab and Himachal Pradesh.

2011 | Jalandhar, Punjab (India) | Active
Last Updated: December 11, 2024

G B Tools & Forgings Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 6.50 Cr
  • Company Age 14 Year, 8 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.35 Cr
  • Satisfied Charges ₹ 34.40 Cr
  • Revenue Growth -14.82%
  • Profit Growth -90.58%
  • Ebitda -4.82%
  • Net Worth -1.04%
  • Total Assets 71.69%

About G B Tools & Forgings

G B Tools & Forgings Limited (GBTFL) is a Public Limited Indian Non-Government Company incorporated in India on 15 February 2011 and has a history of 14 years. Its registered office is in Jalandhar, Punjab, 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 15.00 Cr and a paid-up capital of Rs 6.50 Cr.

The company currently has active open charges totaling ₹4.35 Cr. The company has closed loans amounting to ₹34.40 Cr, as per Ministry of Corporate Affairs (MCA) records.

Gian Bhandari, Yash Sharma, and Prem Gill serve as directors at the Company.

Company Details

  • Location

    Jalandhar, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    ambikaforgings.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27300PB2011PLC034689

  • Company No.

    034689

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    15 Feb 2011

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Machinery and Equipment

What products or services does G B Tools & Forgings Limited offer?

G B Tools & Forgings Limited offers a wide range of products and services, including Jewellery Making Tools & Machines, Jewelry Hammer, Wrenches & Sockets, Adjustable Wrenches, Hand Files & Planers, Jack Plane, Oil Can, Pipe Wrench, Plier, Cutting Pliers.

Who are the key members and board of directors at G B Tools & Forgings?

Board Members (3)

NameDesignationAppointment DateStatus
Gian Bhandari Country flag representing In Whole-Time Director 15-Feb-2011Current
Yash Sharma Country flag representing In Director 28-Oct-2011Current
Prem Gill Country flag representing In Director 29-Aug-2021Current

Financial Performance of G B Tools & Forgings.

G B Tools & Forgings Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 14.82% decrease. The company also saw a substantial fall in profitability, with a 90.58% decrease in profit. The company's net worth dipped by a decrease of 1.04%.

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
-14.82%
Revenue from Operations
Total Assets
71.69%
Profit or Loss
-90.58%
Net Worth
-1.04%
EBITDA
-4.82%

What is the Ownership and Shareholding Structure of G B Tools & Forgings?

In 2022, G B Tools & Forgings 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

₹4.35 Cr

Satisfied Charges

₹34.40 Cr

Charges Breakdown by Lending Institutions

  • Punjab National Bank : 2.50 Cr
  • Tata Capital Limited : 1.35 Cr
  • Small Industries Development Bank Of India : 0.50 Cr

Latest Charge Details

DateLenderAmountStatus
25 Apr 2012Punjab National Bank₹2.50 CrOpen
02 Jan 2012Small Industries Development Bank Of India₹5.00 MOpen
28 Nov 2011Tata Capital Limited₹1.35 CrOpen
20 Nov 2013Bank Of India₹1.50 CrSatisfied
26 Jul 2013Punjab Kashmir Finance Ltd₹1.00 CrSatisfied

How Many Employees Work at G B Tools & Forgings?

G B Tools & Forgings has a workforce of 1 employees as of Apr 08, 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 G B Tools & 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 G B Tools & Forgings'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 G B Tools & Forgings

Recent activity within the organization

  • Annual General Meeting

    G B Tools & Forgings Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    G B Tools & Forgings Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge registered on 29 Mar 2011 via Charge ID 10281179 with Bank Of India was fully satisfied on 25 Aug 2022.

    25 Aug 2022

  • Charges

    A charge registered on 29 Mar 2011 via Charge ID 10281235 with Bank Of India was fully satisfied on 25 Aug 2022.

    25 Aug 2022

  • Director Appointment

    Prem Gill was appointed as a Director was appointed as a Director on 29 Aug 2021 & has been associated with this company since 3 years 5 months .

    29 Aug 2021

  • Charges

    A charge registered on 20 Nov 2013 via Charge ID 10466229 with Bank Of India was fully satisfied on 03 Nov 2014.

    03 Nov 2014

Frequently asked questions

  • G B Tools & Forgings Limited was incorporated on 15 Feb 2011.

  • The authorized share capital of G B Tools & Forgings Limited is ₹ 15.00 Cr and paid-up capital is ₹ 6.50 Cr.

  • Currently 3 directors are associated with G B Tools & Forgings Limited.

    • Gian Parkash Bhandari
    • Yash Kumar Sharma
    • Prem Gill
  • As per Ministry of Corporate Affairs (Mca), the registered address of G B Tools & Forgings Limited is 11Th Mile Stone, Vpo Mand Kapurthala Road India, Jalandhar, Punjab, 144001.

  • The corporate identification number (CIN) of G B Tools & Forgings Limited is U27300PB2011PLC034689 and the company number is 034689 as per Ministry of Corporate Affairs (MCA).

  • The Official website of G B Tools & Forgings Limited is https://www.ambikaforgings.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for G B Tools & Forgings Limited has fallen by -14.82%.

  • As Per 2022 financial reports, 1 employees are currently employed by G B Tools & Forgings Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of G B Tools & Forgings Limited has experienced an downturn of -1.04%.

  • As per the financial statements for fiscal Year 2022, The total open charges for G B Tools & Forgings Limited amount to ₹ 4.35 Cr.

  • The most recent Balance Sheet for G B Tools & Forgings Limited was filed with the ROC on 31 Mar 2024.

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