G B Tools & Forgings Profile
Key Indicators
- Authorised Capital ₹ 15.00 Cr
- Paid Up Capital ₹ 6.50 Cr
- Company Age 14 Year, 2 Months
- 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 and two months. 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
- 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.
G B Tools & Forgings Limited
Explore comprehensive data for G B Tools & Forgings Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at G B Tools & Forgings?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gian Bhandari  | Whole-Time Director | 15-Feb-2011 | Current |
| Yash Sharma | Director | 28-Oct-2011 | Current |
| Prem Gill | Director | 29-Aug-2021 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
G B Fine Dine And Hotels LimitedGian Bhandari is a mutual person
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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 25 Apr 2012 | Punjab National Bank | ₹2.50 Cr | Open |
| 02 Jan 2012 | Small Industries Development Bank Of India | ₹5.00 M | Open |
| 28 Nov 2011 | Tata Capital Limited | ₹1.35 Cr | Open |
| 20 Nov 2013 | Bank Of India | ₹1.50 Cr | Satisfied |
| 26 Jul 2013 | Punjab Kashmir Finance Ltd | ₹1.00 Cr | Satisfied |
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.
Deals i
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
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.
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.
- Balance Sheet
G B Tools & Forgings Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge registered on 29 Mar 2011 via Charge ID 10281179 with Bank Of India was fully satisfied on 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.
- 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 7 months .
- Charges
A charge registered on 20 Nov 2013 via Charge ID 10466229 with Bank Of India was fully satisfied on 03 Nov 2014.
Frequently asked questions
What is the Incorporation or founding date of G B Tools & Forgings Limited?
G B Tools & Forgings Limited was incorporated on 15 Feb 2011.
What is authorized share capital and paid-up capital of G B Tools & Forgings Limited?
The authorized share capital of G B Tools & Forgings Limited is ₹ 15.00 Cr and paid-up capital is ₹ 6.50 Cr.
Who are the current board members & directors of G B Tools & Forgings Limited?
Currently 3 directors are associated with G B Tools & Forgings Limited.
- Gian Parkash Bhandari
- Yash Kumar Sharma
- Prem Gill
What is the registered address of G B Tools & Forgings Limited?
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.
What is the corporate identification number (CIN) and company number of G B Tools & Forgings Limited?
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).
What is the official website of G B Tools & Forgings Limited?
The Official website of G B Tools & Forgings Limited is https://www.ambikaforgings.com
What has been the recent revenue trend for G B Tools & Forgings Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for G B Tools & Forgings Limited has fallen by -14.82%.
How many employees does G B Tools & Forgings Limited currently have?
As Per 2022 financial reports, 1 employees are currently employed by G B Tools & Forgings Limited.
What change has been observed in the net worth of G B Tools & Forgings Limited, and by what percentage?
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%.
What are the total open charges for G B Tools & Forgings Limited?
As per the financial statements for fiscal Year 2022, The total open charges for G B Tools & Forgings Limited amount to ₹ 4.35 Cr.
When was the last Balance Sheet of G B Tools & Forgings Limited filed with the ROC?
The most recent Balance Sheet for G B Tools & Forgings Limited was filed with the ROC on 31 Mar 2024.
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