Mechnotech Forging Private Limited

Trading shares since 1995, based in Punjab.

1995 | Ludhiana, Punjab (India) | Active
Last Updated: December 19, 2024

Mechnotech Forging Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 29 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.25 Cr
  • Revenue Growth -52.68%
  • Profit Growth 12.12%
  • Ebitda -217.10%
  • Net Worth 5.64%
  • Total Assets 5.55%

About Mechnotech Forging

Mechnotech Forging Private Limited (MFPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 November 1995 and has a history of 29 years and two months. Its registered office is in Ludhiana, Punjab, India.

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.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • 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

Financial Services

Who are the key members and board of directors at Mechnotech Forging?

Board Members (3)

Name Designation Appointment Date Status
Surender Bajaj Country flag representing In Director 01-Apr-2019 Current
Sanjay Bajaj Country flag representing In Director 01-Oct-2019 Current
Sumeet Bajaj Country flag representing In Director 05-Sep-2023 Current

Financial Performance 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%.

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
-52.68%
Revenue from Operations
Total Assets
5.55%
Profit or Loss
12.12%
Net Worth
5.64%
EBITDA
-217.10%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.25 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 9.25 Cr

Latest Charge Details

Date Lender Amount Status
08 Jun 2023 Axis Bank Limited ₹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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 Mechnotech Forging

Recent activity within the organization

  • Annual General Meeting

    Mechnotech Forging Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Mechnotech Forging Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Director Appointment

    Sumeet Bajaj was appointed as a Director was appointed as a Director on 05 Sep 2023 & has been associated with this company since 1 year 4 months .

    05 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 9.25 Cr with Charge ID 100727540 was registered on 08 Jun 2023.

    08 Jun 2023

  • Director Appointment

    Sanjay Bajaj was appointed as a Director was appointed as a Director on 01 Oct 2019 & has been associated with this company since 5 years 4 months .

    01 Oct 2019

  • Director Appointment

    Surender Pal Bajaj was appointed as a Director was appointed as a Director on 01 Apr 2019 & has been associated with this company since 5 years 10 months .

    01 Apr 2019

Frequently asked questions

  • Mechnotech Forging Private Limited was incorporated on 29 Nov 1995.

  • The authorized share capital of Mechnotech Forging Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Currently 3 directors are associated with Mechnotech Forging Private Limited.

    • Sanjay Bajaj
    • Surender Pal Bajaj
    • Sumeet Bajaj
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mechnotech Forging Private Limited is C-75 Focal Point Phase V India, Ludhiana, Punjab, 141010.

  • The corporate identification number (CIN) of Mechnotech Forging Private Limited is U29100PB1995PTC051592 and the company number is 074223 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Mechnotech Forging Private Limited is https://www.bajajsons.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Mechnotech Forging Private Limited has fallen by -52.68%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Mechnotech Forging Private Limited has experienced an upsurge of 5.64%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Mechnotech Forging Private Limited amount to ₹ 9.25 Cr.

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