Prominent Forgings Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 9.79 M
- Company Age 29 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.53 Cr
- Satisfied Charges ₹ 13.74 Cr
- Revenue Growth 25.82%
- Profit Growth 25.85%
- Ebitda 62.29%
- Net Worth 8.60%
- Total Assets 25.79%
About Prominent Forgings
Prominent Forgings Private Limited (PFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 March 1995 and has a history of 29 years and 11 months. Its registered office is in Ludhiana, Punjab.
The Corporate was formerly known as Punjrath Finance And Deposits Pvt Ltd. 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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 9.79 M.
The company currently has active open charges totaling ₹9.53 Cr. The company has closed loans amounting to ₹13.74 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bikramjit Singh and Gurcharan Singh serve as directors at the Company.
Company Details
- Location Ludhiana, Punjab
-
Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
Social Media
-
Corporate Identity Details
-
CIN/LLPIN
U28910PB1995PTC016004
-
Company No.
016004
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
09 Mar 1995
-
Date of AGM
30 Sep 2024
-
Date of Balance Sheet
31 Mar 2024
-
Listing Status
Unlisted
-
ROC Code
Roc Chandigarh
Industry
Who are the key members and board of directors at Prominent Forgings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Gurcharan Singh
|
Managing Director | 09-Mar-1995 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Bikramjit Singh
|
Whole-Time Director | 09-Mar-1995 | Current |
Financial Performance of Prominent Forgings.
Prominent Forgings Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 25.82% increase. The company also saw a substantial improvement in profitability, with a 25.85% increase in profit. The company's net worth moved up by a moderate rise of 8.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(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 Prominent Forgings?
In 2021, Prominent Forgings 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)
-
B&G Manufacturing India Private LimitedBikramjit Singh is a mutual person
-
Gee Dee Tyres Private Limited
Gurcharan Singh is a mutual person
Charges (Loans)
₹9.53 Cr
₹13.74 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 9.53 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Nov 2015 | Axis Bank Limited | ₹9.53 Cr | Open |
| 26 Feb 2013 | Axis Bank | ₹4.00 Cr | Satisfied |
| 30 Sep 2009 | Hdfc Bank Limited | ₹7.69 Cr | Satisfied |
| 03 Jan 2001 | Central Bank Of India | ₹1.45 Cr | Satisfied |
| 03 Jan 2001 | Central Bank Of India | ₹3.00 M | Satisfied |
How Many Employees Work at Prominent Forgings?
Unlock and access historical data on people associated with Prominent Forgings, 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 Prominent Forgings, 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 Prominent Forgings'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.
