Ganga Forging Profile
Key Indicators
- Authorised Capital ₹ 18.00 Cr
- Paid Up Capital ₹ 13.48 Cr
- Company Age 36 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 11.87 Cr
- Satisfied Charges ₹ 1.33 Cr
- Revenue Growth 14.78%
- Profit Growth 60.20%
- Ebitda -21.57%
- Net Worth 14.46%
- Total Assets 11.87%
About Ganga Forging
Ganga Forging Limited (GFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 29 December 1988 and has a history of 36 years and one month. Its registered office is in Rajkot, Gujarat, India.
It is listed on the National Stock Exchange(NSE) under the ticker symbol GANGAFORGE.
The Corporate was formerly known as Ganga Forging Private Limited. 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 18.00 Cr and a paid-up capital of Rs 13.48 Cr.
The company currently has active open charges totaling ₹11.87 Cr. The company has closed loans amounting to ₹1.33 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Ganga Forging Limited India are Drashti Vaghasiya as COMPANY SECRETARY and Avni Dadhaniya as Cfo. Hiralal Tilva, Jasubhai Patel, Nayankumar Virparia, and Six other members serve as directors at the Company.
Company Details
- Location
Rajkot, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L28910GJ1988PLC011694
- Company No.
011694
- Stock Symbol
NSE : GANGAFORGE
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
29 Dec 1988
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Ahmedabad
Industry
Who are the key members and board of directors at Ganga Forging?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hiralal Tilva  | Managing Director | 28-Sep-1990 | Current |
| Rakesh Patel | Managing Director | 28-Apr-2009 | Current |
| Drashti Vaghasiya | Company Secretary | 04-Nov-2020 | Current |
| Avni Dadhaniya | CFO | 15-Feb-2018 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Jasubhai Patel | Director | 21-Apr-2018 | Current |
| Nayankumar Virparia | Director | 12-Mar-2022 | Current |
| Rameshbhai Dhingani | Director | 01-Mar-2018 | Current |
| Sagarkumar Govani | Director | 04-Jun-2021 | Current |
| Parulben Patel | Whole-Time Director | 01-Sep-2017 | Current |
| Sheetal Chaniara | Whole-Time Director | 01-Sep-2017 | Current |
Financial Performance of Ganga Forging.
Ganga Forging Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.78% increase. The company also saw a substantial improvement in profitability, with a 60.2% increase in profit. The company's net worth Soared by an impressive increase of 14.46%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Ganga Forging?
In 2022, Ganga Forging had a promoter holding of 67.63% and a public holding of 32.37%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Sera Investments & Finance India LimitedNishith Trivedi is a mutual person
Ganga Technocast LlpHiralal Tilva is a mutual person
- Narmada Forge Pvt Ltd
Hiralal Tilva is a mutual person
- Narmada Rings Private Limited
Hiralal Tilva is a mutual person
- Kisan Plastics Pvt Ltd
Jasubhai Patel is a mutual person
Charges (Loans)
₹11.87 Cr
₹1.33 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 11.87 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Feb 2010 | Axis Bank Limited | ₹11.87 Cr | Open |
| 03 Dec 1990 | State Bank Of India | ₹1.18 Cr | Satisfied |
| 31 Aug 1989 | State Bank Of Saurashtra | ₹1.50 M | Satisfied |
How Many Employees Work at Ganga Forging?
Ganga Forging has a workforce of 17 employees as of Apr 05, 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 Ganga Forging, 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 Ganga Forging'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.
