Gem Forgings Pvt Ltd

Supplier of tea, medical, and electrical equipment for various industries.

1985 | Kolkata, West Bengal (India) | Active
Last Updated: December 31, 2024

Gem Forgings Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.83 M
  • Company Age 40 Year, 26 Days
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 25.17 Cr
  • Revenue Growth -29.37%
  • Profit Growth -17.35%
  • Ebitda -58.67%
  • Net Worth 2.30%
  • Total Assets -35.64%

About Gem Forgings

Gem Forgings Pvt Ltd (GFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 January 1985 and has a history of 40 years. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Healthcare 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 M and a paid-up capital of Rs 0.83 M.

The company has closed loans amounting to ₹25.17 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ajay Garg and Shashi Garg serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29252WB1985PTC038384

  • Company No.

    038384

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Jan 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Healthcare
Machinery and Equipment

What products or services does Gem Forgings Pvt Ltd offer?

Gem Forgings Pvt Ltd offers a wide range of products and services, including Cutting Machines & Equipment, Cutting Machine, Gardening and Horticulture Tools, Plant Cutting tools, Fast Food & Beverages Machinery, Tea Maker, Cranes, Forklift & Lifting Machines, Telescopic Cranes, Industrial Coolers, Blowers & Fans, Axial Fans.

Who are the key members and board of directors at Gem Forgings?

Board Members (2)

Name Designation Appointment Date Status
Ajay Garg Country flag representing In Director 15-Nov-1993 Current
Shashi Garg Country flag representing In Director 10-Mar-2001 Current

Financial Performance of Gem Forgings.

Gem Forgings Pvt Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 29.37% decrease. The company also saw a substantial fall in profitability, with a 17.35% decrease in profit. The company's net worth moved up by a moderate rise of 2.3%.

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
-29.37%
Revenue from Operations
-35.43%
Total Assets
-35.64%
Profit or Loss
-17.35%
Net Worth
2.30%
EBITDA
-58.67%

What is the Ownership and Shareholding Structure of Gem Forgings?

Unlock access to Gem Forgings's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹251.65 M

Charges Breakdown by Lending Institutions

  • Others : 13.00 Cr
  • Vijaya Bank : 10.45 Cr
  • Deutsche Bank Ag : 1.72 Cr

Latest Charge Details

Date Lender Amount Status
05 Sep 2020 Others ₹4.00 Cr Satisfied
20 Aug 2019 Others ₹9.00 Cr Satisfied
01 Dec 2008 Deutsche Bank Ag ₹1.72 Cr Satisfied
06 Jul 1999 Vijaya Bank ₹10.45 Cr Satisfied

How Many Employees Work at Gem Forgings?

Gem Forgings has a workforce of 4 employees as of Apr 07, 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 Gem 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 Gem 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 Gem Forgings

Recent activity within the organization

  • Annual General Meeting

    Gem Forgings Pvt Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Gem Forgings Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Charges

    A charge registered on 05 Sep 2020 via Charge ID 100370874 with Others was fully satisfied on 17 Jan 2023.

    17 Jan 2023

  • Charges

    A charge registered on 01 Dec 2008 via Charge ID 10142446 with Deutsche Bank Ag was fully satisfied on 15 Jun 2022.

    15 Jun 2022

  • Charges

    A charge registered on 06 Jul 1999 via Charge ID 90255936 with Vijaya Bank was fully satisfied on 08 Jun 2022.

    08 Jun 2022

  • Charges

    A charge registered on 20 Aug 2019 via Charge ID 100282830 with Others was fully satisfied on 02 Jun 2022.

    02 Jun 2022

Frequently asked questions

  • Gem Forgings Pvt Ltd was incorporated on 05 Jan 1985.

  • The authorized share capital of Gem Forgings Pvt Ltd is ₹ 1.00 M and paid-up capital is ₹ 0.83 M.

  • Currently 2 directors are associated with Gem Forgings Pvt Ltd.

    • Ajay Kumar Garg
    • Shashi Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gem Forgings Pvt Ltd is 10C/Middleton Row, 3Rd Floor India, Kolkata, West Bengal, 700071.

  • The corporate identification number (CIN) of Gem Forgings Pvt Ltd is U29252WB1985PTC038384 and the company number is 038384 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gem Forgings Pvt Ltd is https://www.gemforgings.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Gem Forgings Pvt Ltd has fallen by -29.37%.

  • As Per 2022 financial reports, 4 employees are currently employed by Gem Forgings Pvt Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Gem Forgings Pvt Ltd has experienced an upsurge of 2.30%.

  • The most recent Balance Sheet for Gem Forgings Pvt Ltd was filed with the ROC on 31 Mar 2024.