Maiden Forgings Limited

Produces bright steel bars, wires, and nails for various industries.

2005 | East Delhi, Delhi (India) | Active
Last Updated: December 23, 2023

Maiden Forgings Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 14.21 Cr
  • Company Age 20 Year, 11 Days
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 79.35 Cr
  • Satisfied Charges ₹ 131.89 Cr
  • Revenue Growth -2.46%
  • Profit Growth 0.78%
  • Ebitda 1.49%
  • Net Worth 35.65%
  • Total Assets 6.01%

About Maiden Forgings

Maiden Forgings Limited (MFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 February 2005 and has a history of 20 years. Its registered office is in East Delhi, Delhi, India.

The Company is engaged in the Metal & Minerals Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 14.21 Cr.

The company currently has active open charges totaling ₹79.35 Cr. The company has closed loans amounting to ₹131.89 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Maiden Forgings Limited India are Prachla Garg as CFO and Monika Rana as Company Secretary. Urvi Agarwal, Nishant Garg, Nivedita Garg, and Two other members serve as directors at the Company.

Company Details

  • Location

    East Delhi, Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    maidenforgings.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U29810DL2005PLC132913

  • Company No.

    132913

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    11 Feb 2005

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Metal & Minerals

What products or services does Maiden Forgings Limited offer?

Maiden Forgings Limited offers a wide range of products and services, including Nails & Pins, Wire Nails, Nails, Coil Nail, Screw Coil Nails, Steel Wire, Mild Steel Wires, Collated Nail, Stainless Steel Bars, Stainless Steel Bright Bar.

Who are the key members and board of directors at Maiden Forgings?

Executive Team (3)

NameDesignationAppointment DateStatus
Nishant Garg Country flag representing In Managing Director30-Aug-2010Current
Prachla Garg CFO28-Nov-2022Current
Monika Rana Country flag representing In Company Secretary28-Nov-2022Current

Board Members (4)

NameDesignationAppointment DateStatus
Urvi Agarwal Country flag representing In Director 06-Jan-2023Current
Nivedita Garg Country flag representing In Whole-Time Director 02-Sep-2022Current
Abhilash Rastogi Director 06-Jan-2023Current
Raj Mittal Country flag representing In Director 06-Jan-2023Current

Financial Performance of Maiden Forgings.

Maiden Forgings Limited, for the financial year ended 2021, experienced Minor drop in revenue, with a 2.46% decrease. The company also saw a slight improvement in profitability, with a 0.78% increase in profit. The company's net worth Soared by an impressive increase of 35.65%.

Graph illustrating revenue growth over time
Graph showing 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
-2.46%
Revenue from Operations
-2.39%
Total Assets
6.01%
Profit or Loss
0.78%
Net Worth
35.65%
EBITDA
1.49%

What is the Ownership and Shareholding Structure of Maiden Forgings?

In 2021, Maiden 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹79.35 Cr

Satisfied Charges

₹131.89 Cr

Charges Breakdown by Lending Institutions

  • Yes Bank Limited : 29.37 Cr
  • Hdfc Bank Limited : 26.25 Cr
  • Others : 11.68 Cr
  • State Bank Of India : 4.90 Cr
  • Tata Capital Financial Services Limited : 4.15 Cr
  • Others : 3.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Jul 2022Yes Bank Limited₹29.37 CrOpen
29 Mar 2022Sidbi₹3.00 CrOpen
18 Feb 2022Tata Capital Financial Services Limited₹2.05 CrOpen
26 Jul 2021Hdfc Bank Limited₹26.11 CrOpen
01 Dec 2020Hdfc Bank Limited₹1.42 MOpen

How Many Employees Work at Maiden Forgings?

Maiden Forgings has a workforce of 31 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Maiden 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 Maiden Forgings'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 Maiden Forgings

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited of Rs. 29.37 Cr registered on 21 Jul 2022 with Charge ID 100625826 was modified on 19 Oct 2023.

    19 Oct 2023

  • Charges

    A charge registered on 23 Feb 2017 via Charge ID 100105262 with Others was fully satisfied on 10 Feb 2023.

    10 Feb 2023

  • Director Appointment

    Urvi Agarwal was appointed as a Director was appointed as a Director on 06 Jan 2023 & has been associated with this company since 2 years 1 month .

    06 Jan 2023

  • Director Appointment

    Abhilash Rastogi was appointed as a Director was appointed as a Director on 06 Jan 2023 & has been associated with this company since 2 years 1 month .

    06 Jan 2023

  • Director Appointment

    Raj Kumar Mittal was appointed as a Director was appointed as a Director on 06 Jan 2023 & has been associated with this company since 2 years 1 month .

    06 Jan 2023

  • Annual General Meeting

    Maiden Forgings Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

Recent News, Updates & Announcement

Frequently asked questions

  • Maiden Forgings Limited was incorporated on 11 Feb 2005.

  • The authorized share capital of Maiden Forgings Limited is ₹ 15.00 Cr and paid-up capital is ₹ 14.21 Cr.

  • Currently 7 directors are associated with Maiden Forgings Limited.

    • Urvi Agarwal
    • Nishant Garg
    • Nivedita Garg
    • Abhilash Rastogi
    • Raj Kumar Mittal
    • Prachla Garg
    • Monika Rana
  • As per Ministry of Corporate Affairs (Mca), the registered address of Maiden Forgings Limited is B-5 Arihant Tower Block D Market, Vivek Vihar India, Delhi, 110092.

  • The corporate identification number (CIN) of Maiden Forgings Limited is U29810DL2005PLC132913 and the company number is 132913 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Maiden Forgings Limited is https://www.maidenforgings.in

  • According to the financial reports for the fiscal year 2021, the revenue trend for Maiden Forgings Limited has fallen by -2.46%.

  • As Per 2021 financial reports, 31 employees are currently employed by Maiden Forgings Limited.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Maiden Forgings Limited has experienced an upsurge of 35.65%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Maiden Forgings Limited amount to ₹ 79.35 Cr.

  • The most recent Balance Sheet for Maiden Forgings Limited was filed with the ROC on 31 Mar 2022.

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