Industrial Forge And Engineering Company Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.87 Cr
- Company Age 44 Year, 9 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 33.45 Cr
- Satisfied Charges ₹ 24.75 Cr
- Revenue Growth 48.35%
- Profit Growth -45.47%
- Ebitda 12.96%
- Net Worth 6.82%
- Total Assets 19.78%
About Industrial Forge And Engineering Company
Industrial Forge And Engineering Company Limited (IFAECL) is a leading Public Limited Indian Non-Government Company incorporated in India on 05 June 1980 and has a history of 44 years and nine months. Its registered office is in Seraikela-Kharsawan, Jharkhand, India.
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 5.00 Cr and a paid-up capital of Rs 3.87 Cr.
The company currently has active open charges totaling ₹33.45 Cr. The company has closed loans amounting to ₹24.75 Cr, as per Ministry of Corporate Affairs (MCA) records.
Rajender Sachdev, Mihir Sachdev, Akshay Sachdev, and One other member serve as directors at the Company.
Company Details
- Location
Seraikela-Kharsawan, Jharkhand, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74210JH1980PLC001461
- Company No.
001461
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
05 Jun 1980
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Jharkhand
Industry
Machinery and Equipment
What products or services does Industrial Forge And Engineering Company Limited offer?
Industrial Forge And Engineering Company Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Industrial Gears, Automobile Fittings & Components, Automotive Shafts.
Who are the key members and board of directors at Industrial Forge And Engineering Company?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajender Sachdev  | Managing Director | 31-Jan-2005 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mihir Sachdev | Director | 16-Dec-2014 | Current |
| Akshay Sachdev | Director | 02-Mar-2010 | Current |
| Sujata Sachdev | Director | 31-Jan-2005 | Current |
Financial Performance of Industrial Forge And Engineering Company.
Industrial Forge And Engineering Company Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 48.35% increase. The company also saw a substantial fall in profitability, with a 45.47% decrease in profit. The company's net worth moved up by a moderate rise of 6.82%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Industrial Forge And Engineering Company?
In 2023, Industrial Forge And Engineering Company 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)
Akshay Steel Works Pvt. Ltd.Rajender Sachdev, Mihir Sachdev and 1 more are mutual person
Amishi Lease & Finance Pvt LtdRajender Sachdev and Sujata Sachdev are mutual person
Charges (Loans)
Open Charges
₹33.45 Cr
Satisfied Charges
₹24.75 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 19.26 Cr
- Sidbi : 11.70 Cr
- State Bank Of India : 1.49 Cr
- Others : 1.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jun 2023 | Sidbi | ₹5.00 Cr | Open |
| 31 Mar 2023 | Others | ₹1.00 Cr | Open |
| 03 Nov 2022 | Sidbi | ₹6.70 Cr | Open |
| 24 Jan 2022 | State Bank Of India | ₹1.49 Cr | Open |
| 01 Aug 2018 | Axis Bank Limited | ₹19.26 Cr | Open |
How Many Employees Work at Industrial Forge And Engineering Company?
Industrial Forge And Engineering Company has a workforce of 103 employees as of Apr 08, 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 Industrial Forge And Engineering Company, 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 Industrial Forge And Engineering Company'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.
Latest Updates, News, and FAQs on Industrial Forge And Engineering Company
Recent activity within the organization
- Annual General Meeting
Industrial Forge And Engineering Company Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Industrial Forge And Engineering Company Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jharkhand.
- Charges
A charge with Axis Bank Limited of Rs. 19.26 Cr registered on 01 Aug 2018 with Charge ID 100195835 was modified on 24 Aug 2023.
- Charges
A charge with Sidbi amounted to Rs. 5.00 Cr with Charge ID 100729009 was registered on 15 Jun 2023.
- Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100705772 was registered on 31 Mar 2023.
- Charges
A charge with Sidbi amounted to Rs. 6.70 Cr with Charge ID 100622919 was registered on 03 Nov 2022.
Frequently asked questions
What is the Incorporation or founding date of Industrial Forge And Engineering Company Limited?
Industrial Forge And Engineering Company Limited was incorporated on 05 Jun 1980.
What is authorized share capital and paid-up capital of Industrial Forge And Engineering Company Limited?
The authorized share capital of Industrial Forge And Engineering Company Limited is ₹ 5.00 Cr and paid-up capital is ₹ 3.87 Cr.
Who are the current board members & directors of Industrial Forge And Engineering Company Limited?
Currently 4 directors are associated with Industrial Forge And Engineering Company Limited.
- Rajender Sachdev
- Mihir Sachdev
- Akshay Sachdev
- Sujata Sachdev
What is the registered address of Industrial Forge And Engineering Company Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Industrial Forge And Engineering Company Limited is A/21 P- A/25 P Phase Vi Adityapur Industrial Area, Gamharia India, Jamshedpur, Jharkhand, 832108.
What is the corporate identification number (CIN) and company number of Industrial Forge And Engineering Company Limited?
The corporate identification number (CIN) of Industrial Forge And Engineering Company Limited is U74210JH1980PLC001461 and the company number is 001461 as per Ministry of Corporate Affairs (MCA).
What is the official website of Industrial Forge And Engineering Company Limited?
The Official website of Industrial Forge And Engineering Company Limited is https://www.iforge.co.in
What has been the recent revenue trend for Industrial Forge And Engineering Company Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Industrial Forge And Engineering Company Limited has risen by 48.35%.
How many employees does Industrial Forge And Engineering Company Limited currently have?
As Per 2023 financial reports, 103 employees are currently employed by Industrial Forge And Engineering Company Limited.
What change has been observed in the net worth of Industrial Forge And Engineering Company Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Industrial Forge And Engineering Company Limited has experienced an upsurge of 6.82%.
What are the total open charges for Industrial Forge And Engineering Company Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Industrial Forge And Engineering Company Limited amount to ₹ 33.45 Cr.
When was the last Balance Sheet of Industrial Forge And Engineering Company Limited filed with the ROC?
The most recent Balance Sheet for Industrial Forge And Engineering Company Limited was filed with the ROC on 31 Mar 2024.
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