Innoforge Private Limited

Manufactures motor vehicle parts and accessories for various industries, including open forging and ring rolling.

2007 | Krishnagiri, Tamil Nadu (India) | Active
Last Updated:

Innoforge Profile

Key Indicators

  • Authorised Capital ₹ 1.25 Cr
  • Paid Up Capital ₹ 1.25 Cr
  • Company Age 17 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 16.42 Cr
  • Satisfied Charges ₹ 3.82 Cr
  • Revenue Growth 47.85%
  • Profit Growth 122.48%
  • Ebitda 42.08%
  • Net Worth 11.13%
  • Total Assets 15.96%

About Innoforge

Innoforge Private Limited (IPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 August 2007 and has a history of 17 years and seven months. Its registered office is in Krishnagiri, Tamil Nadu, India.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 1.25 Cr.

The company currently has active open charges totaling ₹16.42 Cr. The company has closed loans amounting to ₹3.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

Krishnan Subramaniam, Manickavasagam Rajavelu, and Ajit Rajavelu serve as directors at the Company.

Company Details

  • Location

    Krishnagiri, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27200TZ2007PTC013873

  • Company No.

    013873

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Aug 2007

  • Date of AGM

    26 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Engineering

What products or services does Innoforge Private Limited offer?

Innoforge Private Limited offers a wide range of products and services, including Forgings, Forging Parts & Supplies, Forged Components, Rolled Rings, Forgings, Open Die Forgings.

Who are the key members and board of directors at Innoforge?

Board Members (3)

NameDesignationAppointment DateStatus
Manickavasagam Rajavelu Country flag representing In Director 02-Aug-2007Current
Krishnan Subramaniam Country flag representing In Director 02-Aug-2007Current
Ajit Rajavelu Whole-Time Director 22-Jan-2025Current

Financial Performance of Innoforge.

Innoforge Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.85% increase. The company also saw a substantial improvement in profitability, with a 122.48% increase in profit. The company's net worth Soared by an impressive increase of 11.13%.

Innoforge revenue growth over time
Innoforge 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
47.85%
Revenue from Operations
47.92%
Total Assets
15.96%
Profit or Loss
122.48%
Net Worth
11.13%
EBITDA
42.08%

What is the Ownership and Shareholding Structure of Innoforge?

In 2023, Innoforge had a promoter holding of 92.11% and a public holding of 7.89%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹16.42 Cr

Satisfied Charges

₹3.82 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 12.39 Cr
  • Sidbi : 3.03 Cr
  • Others : 1.00 Cr

Latest Charge Details

DateLenderAmountStatus
29 Nov 2024Indian Overseas Bank₹1.33 MOpen
22 Jun 2024Indian Overseas Bank₹3.49 MOpen
27 Mar 2023Sidbi₹6.00 MOpen
07 Jan 2023Indian Overseas Bank₹3.00 CrOpen
04 Jan 2023Indian Overseas Bank₹4.00 CrOpen

How Many Employees Work at Innoforge?

Innoforge has a workforce of 71 employees as of Mar 28, 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.

Employee growth trends for Innoforge Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Innoforge, 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 Innoforge'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 Innoforge

Recent activity within the organization

  • Director Appointment

    Ajit Kumar Rajavelu was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 22 Jan 2025 & has been associated with this company since 1 month 15 days .

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 0.13 Cr with Charge ID 101036049 was registered on 29 Nov 2024.

  • Annual General Meeting

    Innoforge Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Indian Overseas Bank amounted to Rs. 0.35 Cr with Charge ID 100939727 was registered on 22 Jun 2024.

  • Balance Sheet

    Innoforge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

  • Charges

    A charge with Indian Overseas Bank of Rs. 4.00 Cr registered on 04 Jan 2023 with Charge ID 100683051 was modified on 04 Aug 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Innoforge Private Limited?

    Innoforge Private Limited was incorporated on 02 Aug 2007.

  • What is authorized share capital and paid-up capital of Innoforge Private Limited?

    The authorized share capital of Innoforge Private Limited is ₹ 1.25 Cr and paid-up capital is ₹ 1.25 Cr.

  • Who are the current board members & directors of Innoforge Private Limited?

    Currently 3 directors are associated with Innoforge Private Limited.

    • Krishnan Subramaniam
    • Manickavasagam Rajavelu
    • Ajit Kumar Rajavelu
  • What is the registered address of Innoforge Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Innoforge Private Limited is B2/2 Sidco Industrial Estate, Phase-I India, Hosur, Tamil Nadu, 635126.

  • What is the corporate identification number (CIN) and company number of Innoforge Private Limited?

    The corporate identification number (CIN) of Innoforge Private Limited is U27200TZ2007PTC013873 and the company number is 013873 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Innoforge Private Limited?

    The Official website of Innoforge Private Limited is https://www.innoforge.net

  • What has been the recent revenue trend for Innoforge Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Innoforge Private Limited has risen by 47.85%.

  • How many employees does Innoforge Private Limited currently have?

    As Per 2023 financial reports, 71 employees are currently employed by Innoforge Private Limited.

  • What change has been observed in the net worth of Innoforge Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Innoforge Private Limited has experienced an upsurge of 11.13%.

  • What are the total open charges for Innoforge Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Innoforge Private Limited amount to ₹ 16.42 Cr.

  • When was the last Balance Sheet of Innoforge Private Limited filed with the ROC?

    The most recent Balance Sheet for Innoforge Private Limited was filed with the ROC on 31 Mar 2024.

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