Ganga Forging Limited

Founded in 1988 and headquartered in Gujarat, India.

1988 | Rajkot, Gujarat (India) | Active
Last Updated:

Ganga Forging Profile

Key Indicators

  • Authorised Capital ₹ 18.00 Cr
  • Paid Up Capital ₹ 13.48 Cr
  • Company Age 36 Year, 2 Months
  • 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 two months. 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

Machinery and Equipment

Who are the key members and board of directors at Ganga Forging?

Executive Team (4)

NameDesignationAppointment DateStatus
Hiralal Tilva Country flag representing In Managing Director28-Sep-1990Current
Rakesh Patel Country flag representing In Managing Director28-Apr-2009Current
Drashti Vaghasiya Company Secretary04-Nov-2020Current
Avni Dadhaniya Country flag representing In CFO15-Feb-2018Current

Board Members (7)

NameDesignationAppointment DateStatus
Jasubhai Patel Country flag representing In Director 21-Apr-2018Current
Nayankumar Virparia Country flag representing In Director 12-Mar-2022Current
Rameshbhai Dhingani Country flag representing In Director 01-Mar-2018Current
Sagarkumar Govani Country flag representing In Director 04-Jun-2021Current
Parulben Patel Country flag representing In Whole-Time Director 01-Sep-2017Current
Sheetal Chaniara Country flag representing In Whole-Time Director 01-Sep-2017Current

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%.

Ganga Forging revenue growth over time
Ganga Forging 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
14.78%
Revenue from Operations
16.58%
Total Assets
11.87%
Profit or Loss
60.20%
Net Worth
14.46%
EBITDA
-21.57%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹11.87 Cr

Satisfied Charges

₹1.33 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 11.87 Cr

Latest Charge Details

DateLenderAmountStatus
02 Feb 2010Axis Bank Limited₹11.87 CrOpen
03 Dec 1990State Bank Of India₹1.18 CrSatisfied
31 Aug 1989State Bank Of Saurashtra₹1.50 MSatisfied

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.

Employee growth trends for Ganga Forging Limited

Deals i

Graph showing company valuation over time

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

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 Ganga Forging

Recent activity within the organization

  • Annual General Meeting

    Ganga Forging Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Ganga Forging Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Axis Bank Limited of Rs. 11.87 Cr registered on 02 Feb 2010 with Charge ID 10201806 was modified on 23 Mar 2023.

  • Director Appointment

    Jasubhai Khimjibhai Patel was appointed as a Director was appointed as a Director on 21 Apr 2018 & has been associated with this company since 6 years 11 months .

  • Director Appointment

    Rameshbhai Gordhanbhai Dhingani was appointed as a Director was appointed as a Director on 01 Mar 2018 & has been associated with this company since 7 years 27 days .

  • Director Appointment

    Parulben Rakeshbhai Patel was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Sep 2017 & has been associated with this company since 7 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Ganga Forging Limited?

    Ganga Forging Limited was incorporated on 29 Dec 1988.

  • What is authorized share capital and paid-up capital of Ganga Forging Limited?

    The authorized share capital of Ganga Forging Limited is ₹ 18.00 Cr and paid-up capital is ₹ 13.48 Cr.

  • Who are the current board members & directors of Ganga Forging Limited?

    Currently 11 directors are associated with Ganga Forging Limited.

    • Hiralal Mahidas Tilva
    • Jasubhai Khimjibhai Patel
    • Nayankumar Karshanbhai Virparia
    • Rameshbhai Gordhanbhai Dhingani
    • Sagarkumar Ramniklal Govani
    • Rakesh Chhaganlal Patel
    • Drashti Arvindbhai Vaghasiya
    • Avni Nileshkumar Dadhaniya
    • Parulben Rakeshbhai Patel
    • Sheetal Sanjivkumar Chaniara
    • Nishith Trivedi Trivedi

  • What is the registered address of Ganga Forging Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ganga Forging Limited is Sr. No. 55/1 P6/P1/P1, Near Shree Stamping At: Road Pipaliya Tal: India, Gondal, Gujarat, 360311.

  • What is the corporate identification number (CIN) and company number of Ganga Forging Limited?

    The corporate identification number (CIN) of Ganga Forging Limited is L28910GJ1988PLC011694 and the company number is 011694 as per Ministry of Corporate Affairs (MCA).

  • Is Ganga Forging Limited registered with any stock exchange in India?

    Yes, Ganga Forging Limited is registered on National Stock Exchange (NSE).

  • What is the official website of Ganga Forging Limited?

    The Official website of Ganga Forging Limited is https://www.gangaforging.com

  • What has been the recent revenue trend for Ganga Forging Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Ganga Forging Limited has risen by 14.78%.

  • How many employees does Ganga Forging Limited currently have?

    As Per 2023 financial reports, 17 employees are currently employed by Ganga Forging Limited.

  • What change has been observed in the net worth of Ganga Forging Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Ganga Forging Limited has experienced an upsurge of 14.46%.

  • What are the total open charges for Ganga Forging Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Ganga Forging Limited amount to ₹ 11.87 Cr.

  • When was the last Balance Sheet of Ganga Forging Limited filed with the ROC?

    The most recent Balance Sheet for Ganga Forging Limited was filed with the ROC on 31 Mar 2024.

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