Industrial Forge And Engineering Company Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 3.87 Cr
- Company Age 44 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- 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 eight months. Its registered office is in Jamshedpur, 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 2023. 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.
Akshay Sachdev, Mihir Sachdev, Sujata Sachdev, and One other member serve as directors at the Company.
Company Details
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Location
Jamshedpur, Jharkhand, India
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Telephone
+91-XXXXXXXXXX
- Email Address
- Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U74210JH1980PLC001461
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Company No.
001461
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Company Classification
Public Limited Indian Non-Government Company
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Incorporation Date
05 Jun 1980
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Date of AGM
30 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 Jharkhand
Industry
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 |
|---|---|---|---|
|
Akshay Sachdev
|
Director | 02-Mar-2010 | Current |
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Mihir Sachdev
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Director | 16-Dec-2014 | Current |
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Sujata Sachdev
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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
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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)
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Akshay Steel Works Pvt. Ltd.Akshay Sachdev, Mihir Sachdev and 1 more are mutual person
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Amishi Lease & Finance Pvt LtdSujata Sachdev and Rajender Sachdev are mutual person
Charges (Loans)
₹33.45 Cr
₹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.
