Gujarat Forgings Profile
Key Indicators
- Authorised Capital ₹ 5.60 Cr
- Paid Up Capital ₹ 6.00 M
- Company Age 50 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Satisfied Charges ₹ 96.75 Cr
- Revenue Growth 9.62%
- Profit Growth 1144.42%
- Ebitda 2195.73%
- Net Worth 4.33%
- Total Assets -24.43%
About Gujarat Forgings
Gujarat Forgings Private Limited (GFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 June 1974 and has a history of 50 years and eight months. Its registered office is in Rajkot, Gujarat, India.
The Corporate was formerly known as Gujarat Forgings Limited. The Company is engaged in the Energy And Power 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 5.60 Cr and a paid-up capital of Rs 6.00 M.
The company has closed loans amounting to ₹96.75 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Kinaben Patel, Arvind Patel, and Hemang Kansagra serve as directors at the Company.
Company Details
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Location
Rajkot, Gujarat, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U27100GJ1974PTC002539
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Company No.
002539
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
04 Jun 1974
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Date of AGM
25 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Ahmedabad
Industry
What products or services does Gujarat Forgings Private Limited offer?
Gujarat Forgings Private Limited offers a wide range of products and services, including Engine & Engine Spare Parts, Diesel Engine, Diesel Engine Generator Set, DG Sets, Water Cooled Diesel Engine, Monoblock Pumps, Monoset Pump, Self Priming Pump, Mud Pumps, Pumping Systems.
Who are the key members and board of directors at Gujarat Forgings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hemang Kansagra
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Managing Director | 20-Nov-1999 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
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Kinaben Patel
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Whole-Time Director | 01-Sep-1989 | Current |
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Arvind Patel
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Whole-Time Director | 05-Jul-1976 | Current |
Financial Performance of Gujarat Forgings.
Gujarat Forgings Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.62% increase. The company also saw a substantial improvement in profitability, with a 1144.42% increase in profit. The company's net worth moved up by a moderate rise of 4.33%.
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What is the Ownership and Shareholding Structure of Gujarat Forgings?
In 2023, Gujarat 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)
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Neorajkot FoundationArvind Patel is a mutual person
Charges (Loans)
₹0
₹96.75 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 69.58 Cr
- Others : 26.92 Cr
- Corporation Bank : 0.25 Cr
- Icici Bank Ltd : 0.00 Cr
- Icici Bank Limted : 0.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jun 2020 | Others | ₹2.50 Cr | Satisfied |
| 03 May 2018 | Hdfc Bank Limited | ₹23.00 Cr | Satisfied |
| 28 Feb 2018 | Hdfc Bank Limited | ₹46.58 Cr | Satisfied |
| 24 Mar 2015 | Others | ₹14.42 Cr | Satisfied |
| 16 Dec 2003 | Icici Bank Limted | ₹0.00 | Satisfied |
How Many Employees Work at Gujarat Forgings?
Gujarat Forgings has a workforce of 79 employees as of Apr 02, 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 Gujarat 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 Gujarat 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.
