Munish Forge Private Limited

Manufacturer of scaffolding systems, auto parts, forgings, and tubes with in-house testing facilities.

1986 | Ludhiana, Punjab (India) | Active
Last Updated:

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. Davinder Bhasin, Dev Bhasin, and Vishal Anand 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

Machinery and Equipment

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)

NameDesignationAppointment DateStatus
Sukhdeep Kaur Country flag representing In Company SecretaryCurrent

Board Members (3)

NameDesignationAppointment DateStatus
Davinder Bhasin Country flag representing In Director 25-Jul-1986Current
Dev Bhasin Country flag representing In Director 10-Feb-2023Current
Vishal Anand Country flag representing In Director 27-May-2015Current

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%.

Munish Forge revenue growth over time
Munish Forge 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
28.56%
Revenue from Operations
28.67%
Total Assets
-11.14%
Profit or Loss
43.63%
Net Worth
7.01%
EBITDA
-9.22%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹56.60 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
22 Feb 2023Axis Bank Limited₹1.45 CrOpen
22 Sep 2022Yes Bank Limited₹15.00 CrOpen
21 Aug 2017Axis Bank Limited₹40.15 CrOpen
21 Feb 1991District Indistries Centre₹0.02 MOpen
24 Jul 2019Axis Bank Limited₹7.50 MSatisfied

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.

Employee growth trends for Munish Forge Private Limited

Deals i

Graph showing company valuation over time

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

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 Munish Forge

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 40.15 Cr registered on 21 Aug 2017 with Charge ID 100139847 was modified on 04 Dec 2023.

  • Annual General Meeting

    Munish Forge Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Charges

    A charge registered on 24 Jul 2019 via Charge ID 100302906 with Axis Bank Limited was fully satisfied on 12 Jul 2023.

  • Charges

    A charge with Yes Bank Limited of Rs. 15.00 Cr registered on 22 Sep 2022 with Charge ID 100620828 was modified on 07 Jun 2023.

  • Balance Sheet

    Munish Forge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.45 Cr with Charge ID 100681221 was registered on 22 Feb 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Munish Forge Private Limited?

    Munish Forge Private Limited was incorporated on 25 Jul 1986.

  • What is authorized share capital and paid-up capital of Munish Forge Private Limited?

    The authorized share capital of Munish Forge Private Limited is ₹ 12.24 Cr and paid-up capital is ₹ 10.54 Cr.

  • Who are the current board members & directors of Munish Forge Private Limited?

    Currently 4 directors are associated with Munish Forge Private Limited.

    • Davinder Kumar Bhasin
    • Sukhdeep Kaur
    • Dev Arjun Bhasin
    • Vishal Anand

  • What is the registered address of Munish Forge Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Munish Forge Private Limited is Village-Gobindgarh Adj. Phase-Vii Focal Point, India, Ludhiana, Punjab, 141010.

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

    The corporate identification number (CIN) of Munish Forge Private Limited is U28910PB1986PTC006950 and the company number is 006950 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Munish Forge Private Limited?

    The Official website of Munish Forge Private Limited is https://www.munishforge.com

  • What has been the recent revenue trend for Munish Forge Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Munish Forge Private Limited has risen by 28.56%.

  • How many employees does Munish Forge Private Limited currently have?

    As Per 2023 financial reports, 393 employees are currently employed by Munish Forge Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Munish Forge Private Limited has experienced an upsurge of 7.01%.

  • What are the total open charges for Munish Forge Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Munish Forge Private Limited amount to ₹ 56.60 Cr.

  • When was the last Balance Sheet of Munish Forge Private Limited filed with the ROC?

    The most recent Balance Sheet for Munish Forge Private Limited was filed with the ROC on 31 Mar 2023.

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