India Forge & Drop Stampings Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.98 Cr
- Company Age 64 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 15.73 Cr
- Satisfied Charges ₹ 11.56 Cr
- Revenue Growth 8.25%
- Profit Growth -96.75%
- Ebitda -56.28%
- Net Worth 2.62%
- Total Assets -9.42%
About India Forge & Drop Stampings
India Forge & Drop Stampings Limited (IFDSL) was founded in India on 27 June 1960 and has a glorious history of 64 years and seven months. Its registered office is in Chennai, Tamil Nadu, India.
The Corporate was formerly known as National Forge & Drop Stampings Limited. The Company is engaged in the Engineering 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 5.00 Cr and a paid-up capital of Rs 2.98 Cr.
The company currently has active open charges totaling ₹15.73 Cr. The company has closed loans amounting to ₹11.56 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rupa Sood, Dipak Sood, Sribalusu Mohan, and Four other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U28910TN1960PLC004192
- Company No.
004192
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Jun 1960
- Date of AGM
31 Aug 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chennai
Industry
What products or services does India Forge & Drop Stampings Limited offer?
India Forge & Drop Stampings Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Automotive Gears, Automobile Fittings & Components, Automotive Spare Parts, Pumps, Pumping Machines & Spares, Pump Spares, Engine & Engine Spare Parts, Engine Components, Ring Gears, Automotive Components.
Who are the key members and board of directors at India Forge & Drop Stampings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Samir Sood  | Managing Director | 27-Feb-2009 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashvin Chadha  | Additional Director | 03-Jan-2024 | Current |
| Rupa Sood | Director | 23-May-1998 | Current |
| Dipak Sood | Whole-Time Director | 29-Dec-1967 | Current |
| Sribalusu Mohan | Director | 19-Aug-2020 | Current |
| Krishnan Giridhar | Director | 14-Jun-2021 | Current |
| Vadakkencheri Ramakrishnan | Director | 03-Dec-2001 | Current |
Financial Performance of India Forge & Drop Stampings.
India Forge & Drop Stampings Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 8.25% increase. The company also saw a substantial fall in profitability, with a 96.75% decrease in profit. The company's net worth moved up by a moderate rise of 2.62%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of India Forge & Drop Stampings?
In 2022, India Forge & Drop Stampings had a promoter holding of 96.18% and a public holding of 3.82%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Forgetech Private LimitedRupa Sood and Dipak Sood are mutual person
Georgiadakota Foods Private LimitedAshvin Chadha is a mutual person
Sudtrac Linkages Private LimitedRupa Sood, Dipak Sood and 1 more are mutual person
Specsmakers Opticians Private LimitedAshvin Chadha is a mutual person
Earth Rhythm Private LimitedAshvin Chadha is a mutual person
India Forge(Chennai) LlpRupa Sood and Dipak Sood are mutual person
Charges (Loans)
₹15.73 Cr
₹11.56 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 10.00 Cr
- Hdfc Bank Limited : 4.00 Cr
- Others : 1.16 Cr
- The Commissioner Of Incom Tax : 0.57 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2023 | Axis Bank Limited | ₹10.00 Cr | Open |
| 03 Nov 2022 | Others | ₹1.16 Cr | Open |
| 19 Mar 2018 | Hdfc Bank Limited | ₹4.00 Cr | Open |
| 13 Mar 1985 | The Commissioner Of Incom Tax | ₹2.43 M | Open |
| 23 Nov 1984 | The Commissioner Of Incom Tax | ₹3.23 M | Open |
How Many Employees Work at India Forge & Drop Stampings?
India Forge & Drop Stampings has a workforce of 157 employees as of Apr 04, 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 India Forge & Drop Stampings, 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 India Forge & Drop Stampings'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.
