Mechnotech Forging Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
as on 19-12-2024
- Paid Up Capital ₹ 1.00 Cr
as on 19-12-2024
- Company Age 29 Year, 22 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.25 Cr
as on 19-12-2024
- Revenue -52.68%
(FY 2022)
- Profit 12.12%
(FY 2022)
- Ebitda -217.10%
(FY 2022)
- Net Worth 5.64%
(FY 2022)
- Total Assets 5.55%
(FY 2022)
About Mechnotech Forging
The Corporate was formerly known as Teksol (India) Private Limited. The Company is engaged in the Financial Services 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 2.00 Cr and a paid-up capital of Rs 1.00 Cr.
The company currently has active open charges totaling ₹9.25 Cr.
Sanjay Bajaj, Surender Bajaj, and Sumeet Bajaj serve as directors at the Company.
- CIN/LLPIN
U29100PB1995PTC051592
- Company No.
074223
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Nov 1995
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Mechnotech Forging?
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Surender Bajaj  | Director | 01-Apr-2019 | Current |
| Sanjay Bajaj | Director | 01-Oct-2019 | Current |
| Sumeet Bajaj | Director | 05-Sep-2023 | Current |
Financial Performance and Corporate Structure Insights of Mechnotech Forging.
Mechnotech Forging Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 52.68% decrease. The company also saw a substantial improvement in profitability, with a 12.12% increase in profit. The company's net worth moved up by a moderate rise of 5.64%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations | |||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Mechnotech Forging?
In 2022, Mechnotech Forging 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)
Bajaj Precision Forgings Pvt LtdActive 31 years 3 monthsSanjay Bajaj, Surender Bajaj and 1 more are mutual person
- Bajajsons LimitedActive 39 years 10 months
Sanjay Bajaj, Surender Bajaj and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 08 Jun 2023 | ₹9.25 Cr | Open |
How Many Employees Work at Mechnotech Forging?
Unlock and access historical data on people associated with Mechnotech Forging, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Mechnotech Forging, 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 Mechnotech Forging'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.
