Munish Forge Profile
Key Indicators
- Authorised Capital ₹ 12.24 Cr
- Paid Up Capital ₹ 10.54 Cr
- Company Age 38 Year, 7 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 56.60 Cr
- Satisfied Charges ₹ 74.90 Cr
- Revenue Growth 28.56%
- Profit Growth 43.63%
- Ebitda -9.22%
- Net Worth 7.01%
- Total Assets -11.14%
About Munish Forge
Munish Forge Private Limited (MFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 July 1986 and has a history of 38 years and seven months. Its registered office is in Ludhiana, Punjab, India.
The Corporate was formerly known as Gaisu Forge Private Limited. The Company is engaged in the Machinery And Equipment Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 12.24 Cr and a paid-up capital of Rs 10.54 Cr.
The company currently has active open charges totaling ₹56.60 Cr. The company has closed loans amounting to ₹74.90 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Munish Forge Private Limited India is Sukhdeep Kaur as COMPANY SECRETARY. Dev Bhasin, Vishal Anand, and Davinder Bhasin 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
U28910PB1986PTC006950
- Company No.
006950
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Jul 1986
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
What products or services does Munish Forge Private Limited offer?
Munish Forge Private Limited offers a wide range of products and services, including Brakes & Braking Systems, Brake Parts, Suspension System & Components, Leaf Springs, Automobile Fittings & Components, Automotive Brackets, Wheel Hub, Nails, Fasteners, Rivets & Shackles, Shackle.
Who are the key members and board of directors at Munish Forge?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sukhdeep Kaur  | Company Secretary | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Dev Bhasin | Director | 10-Feb-2023 | Current |
| Vishal Anand | Director | 27-May-2015 | Current |
| Davinder Bhasin | Director | 25-Jul-1986 | Current |
Financial Performance of Munish Forge.
Munish Forge Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.56% increase. The company also saw a substantial improvement in profitability, with a 43.63% increase in profit. The company's net worth moved up by a moderate rise of 7.01%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Munish Forge?
In 2023, Munish Forge 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)
Bhasin Infrastructure Developers Private LimitedDavinder Bhasin is a mutual person
Dev Arjuna Cast And Forge Private LimitedDev Bhasin and Davinder Bhasin are mutual person
- Munish International Private Limited
Dev Bhasin and Vishal Anand are mutual person
- Munish Promoters And Developers Private Limited
Vishal Anand is a mutual person
- Dev Arjuna Enterprises Private Limited
Davinder Bhasin is a mutual person
Waterfowl FoundationDev Bhasin is a mutual person
Charges (Loans)
₹56.60 Cr
₹74.90 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 41.60 Cr
- Yes Bank Limited : 15.00 Cr
- District Indistries Centre : 0.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Feb 2023 | Axis Bank Limited | ₹1.45 Cr | Open |
| 22 Sep 2022 | Yes Bank Limited | ₹15.00 Cr | Open |
| 21 Aug 2017 | Axis Bank Limited | ₹40.15 Cr | Open |
| 21 Feb 1991 | District Indistries Centre | ₹0.02 M | Open |
| 24 Jul 2019 | Axis Bank Limited | ₹7.50 M | Satisfied |
How Many Employees Work at Munish Forge?
Munish Forge has a workforce of 393 employees as of Apr 03, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Munish Forge, 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 Munish Forge'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.
