Goyal Furnace Private Limited

Produces and sells iron and steel ingots.

2004 | Fatehgarh Sahib, Punjab (India) | Active
Last Updated: November 16, 2024

Goyal Furnace Profile

Key Indicators

  • Authorised Capital ₹ 1.60 Cr
  • Paid Up Capital ₹ 1.54 Cr
  • Company Age 20 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 33.81 Cr
  • Satisfied Charges ₹ 37.89 Cr
  • Revenue Growth 13.84%
  • Profit Growth 53.70%
  • Ebitda 40.82%
  • Net Worth 27.39%
  • Total Assets 24.76%

About Goyal Furnace

Goyal Furnace Private Limited (GFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 22 November 2004 and has a history of 20 years and three months. Its registered office is in Fatehgarh Sahib, Punjab, India.

The Company is engaged in the Metals And Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.60 Cr and a paid-up capital of Rs 1.54 Cr.

The company currently has active open charges totaling ₹33.81 Cr. The company has closed loans amounting to ₹37.89 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ilahi Mohammed and Vikas Kumar serve as directors at the Company.

Company Details

  • Location

    Fatehgarh Sahib, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27106PB2004PTC027651

  • Company No.

    027651

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Nov 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

Who are the key members and board of directors at Goyal Furnace?

Board Members (2)

NameDesignationAppointment DateStatus
Ilahi Mohammed Country flag representing In Director 24-Aug-2018Current
Vikas Kumar Country flag representing In Director 24-Aug-2018Current

Financial Performance of Goyal Furnace.

Goyal Furnace Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 13.84% increase. The company also saw a substantial improvement in profitability, with a 53.7% increase in profit. The company's net worth Soared by an impressive increase of 27.39%.

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
13.84%
Revenue from Operations
13.67%
Total Assets
24.76%
Profit or Loss
53.70%
Net Worth
27.39%
EBITDA
40.82%

What is the Ownership and Shareholding Structure of Goyal Furnace?

In 2023, Goyal Furnace 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

₹33.81 Cr

Satisfied Charges

₹37.89 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 33.62 Cr
  • Others : 0.20 Cr

Latest Charge Details

DateLenderAmountStatus
27 Oct 2022Indian Bank₹12.00 CrOpen
03 Mar 2022Others₹1.96 MOpen
21 Jan 2022Indian Bank₹1.29 MOpen
20 Nov 2021Indian Bank₹4.96 MOpen
19 Oct 2021Indian Bank₹2.00 CrOpen

How Many Employees Work at Goyal Furnace?

Goyal Furnace has a workforce of 23 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 Goyal Furnace, 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 Goyal Furnace'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 Goyal Furnace

Recent activity within the organization

  • Charges

    A charge with Indian Bank of Rs. 18.00 Cr registered on 18 Jun 2009 with Charge ID 10169646 was modified on 20 Dec 2023.

    20 Dec 2023

  • Annual General Meeting

    Goyal Furnace Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Goyal Furnace Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge registered on 07 May 2022 via Charge ID 100594444 with Hdfc Bank Limited was fully satisfied on 23 Dec 2022.

    23 Dec 2022

  • Charges

    A charge registered on 22 Nov 2021 via Charge ID 100530906 with Hdfc Bank Limited was fully satisfied on 23 Dec 2022.

    23 Dec 2022

  • Charges

    A charge with Indian Bank amounted to Rs. 12.00 Cr with Charge ID 100630053 was registered on 27 Oct 2022.

    27 Oct 2022

Frequently asked questions

  • Goyal Furnace Private Limited was incorporated on 22 Nov 2004.

  • The authorized share capital of Goyal Furnace Private Limited is ₹ 1.60 Cr and paid-up capital is ₹ 1.54 Cr.

  • Currently 2 directors are associated with Goyal Furnace Private Limited.

    • Ilahi Noor Mohammed
    • Vikas Kumar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Goyal Furnace Private Limited is Vikas Nagar Basant Vihar Road, India, Mandi Gobindgarh, Punjab, 147301.

  • The corporate identification number (CIN) of Goyal Furnace Private Limited is U27106PB2004PTC027651 and the company number is 027651 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Goyal Furnace Private Limited has risen by 13.84%.

  • As Per 2023 financial reports, 23 employees are currently employed by Goyal Furnace Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Goyal Furnace Private Limited has experienced an upsurge of 27.39%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Goyal Furnace Private Limited amount to ₹ 33.81 Cr.

  • The most recent Balance Sheet for Goyal Furnace Private Limited was filed with the ROC on 31 Mar 2023.

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