Mohit Furnace Private Limited

Manufactures steel ingots since 2004, with registered office in Kohara, Punjab.

2004 | Ludhiana, Punjab (India) | Active
Last Updated:

Mohit Furnace Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 20 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.28 Cr
  • Revenue Growth -32.58%
  • Profit Growth 2.19%
  • Ebitda 37.88%
  • Net Worth 19.27%
  • Total Assets -42.22%

About Mohit Furnace

Mohit Furnace Private Limited (MFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 September 2004 and has a history of 20 years and five months. Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Metals And Minerals 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹7.28 Cr.

Sachin Goel and Sushil Sharma serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27100PB2004PTC027507

  • Company No.

    027507

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Sep 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Metals and Minerals

Who are the key members and board of directors at Mohit Furnace?

Board Members (2)

NameDesignationAppointment DateStatus
Sachin Goel Country flag representing In Director 15-Oct-2024Current
Sushil Sharma Country flag representing In Director 28-Feb-2023Current

Financial Performance of Mohit Furnace.

Mohit Furnace Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.58% decrease. The company also saw a slight improvement in profitability, with a 2.19% increase in profit. The company's net worth Soared by an impressive increase of 19.27%.

Mohit Furnace revenue growth over time
Mohit Furnace 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
-32.58%
Revenue from Operations
-32.53%
Total Assets
-42.22%
Profit or Loss
2.19%
Net Worth
19.27%
EBITDA
37.88%

What is the Ownership and Shareholding Structure of Mohit Furnace?

In 2023, Mohit Furnace 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

₹72.81 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Karnataka Bank Ltd. : 4.88 Cr
  • The Karnataka Bank Limited : 1.65 Cr
  • Karnataka Bank Limited : 0.75 Cr

Latest Charge Details

DateLenderAmountStatus
26 Oct 2021Karnataka Bank Ltd.₹8.00 MOpen
08 May 2019Karnataka Bank Ltd.₹0.79 MOpen
12 Feb 2012The Karnataka Bank Limited₹1.52 MOpen
25 Aug 2010Karnataka Bank Limited₹7.50 MOpen
09 Aug 2007Karnataka Bank Ltd.₹4.00 CrOpen

How Many Employees Work at Mohit Furnace?

Unlock and access historical data on people associated with Mohit Furnace, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Mohit Furnace Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Director Appointment

    Sachin Goel was appointed as a Director was appointed as a Director on 15 Oct 2024 & has been associated with this company since 4 months 19 days .

  • Annual General Meeting

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

  • Balance Sheet

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

  • Director Appointment

    Sushil Sharma was appointed as a Director was appointed as a Director on 28 Feb 2023 & has been associated with this company since 2 years 4 days .

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 8.00 M with Charge ID 100500265 was registered on 26 Oct 2021.

  • Charges

    A charge with Karnataka Bank Ltd. amounted to Rs. 0.79 M with Charge ID 100262867 was registered on 08 May 2019.

Frequently asked questions

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

    Mohit Furnace Private Limited was incorporated on 21 Sep 2004.

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

    The authorized share capital of Mohit Furnace Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

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

    Currently 2 directors are associated with Mohit Furnace Private Limited.

    • Sachin Goel
    • Sushil Sharma

  • What is the registered address of Mohit Furnace Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Mohit Furnace Private Limited is Lakhowal Gadowal Road, India, Kohara, Punjab, 141112.

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

    The corporate identification number (CIN) of Mohit Furnace Private Limited is U27100PB2004PTC027507 and the company number is 027507 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Mohit Furnace Private Limited has fallen by -32.58%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Mohit Furnace Private Limited has experienced an upsurge of 19.27%.

  • What are the total open charges for Mohit Furnace Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Mohit Furnace Private Limited amount to ₹ 7.28 Cr.

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

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

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