Prominent Forgings Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 9.79 M
- Company Age 30 Year, 20 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.53 Cr
- Satisfied Charges ₹ 13.74 Cr
- Revenue Growth 89.02%
- Profit Growth 70.70%
- Ebitda -46.49%
- Net Worth 13.51%
- Total Assets 54.41%
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 30 years. 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
Machinery and Equipment
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 2022, experienced significant growth in revenue, with a 89.02% increase. The company also saw a substantial improvement in profitability, with a 70.7% increase in profit. The company's net worth Soared by an impressive increase of 13.51%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Open Charges
₹9.53 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Prominent Forgings
Recent activity within the organization
- Annual General Meeting
Prominent Forgings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Prominent Forgings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Charges
A charge with Axis Bank Limited of Rs. 9.53 Cr registered on 27 Nov 2015 with Charge ID 10618155 was modified on 21 Apr 2022.
- Charges
A charge registered on 30 Sep 2009 via Charge ID 10184157 with Hdfc Bank Limited was fully satisfied on 08 Dec 2016.
- Charges
A charge with Axis Bank Limited amounted to Rs. 9.53 Cr with Charge ID 10618155 was registered on 27 Nov 2015.
- Charges
A charge with Hdfc Bank Limited of Rs. 7.69 Cr registered on 30 Sep 2009 with Charge ID 10184157 was modified on 19 Jun 2015.
Frequently asked questions
What is the Incorporation or founding date of Prominent Forgings Private Limited?
Prominent Forgings Private Limited was incorporated on 09 Mar 1995.
What is authorized share capital and paid-up capital of Prominent Forgings Private Limited?
The authorized share capital of Prominent Forgings Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 9.79 M.
Who are the current board members & directors of Prominent Forgings Private Limited?
Currently 2 directors are associated with Prominent Forgings Private Limited.
- Bikramjit Singh
- Gurcharan Singh
What is the registered address of Prominent Forgings Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Prominent Forgings Private Limited is Sco No 22 Ist Floorg S Complex Basant Road India, Ludhiana, Punjab.
What is the corporate identification number (CIN) and company number of Prominent Forgings Private Limited?
The corporate identification number (CIN) of Prominent Forgings Private Limited is U28910PB1995PTC016004 and the company number is 016004 as per Ministry of Corporate Affairs (MCA).
What is the official website of Prominent Forgings Private Limited?
The Official website of Prominent Forgings Private Limited is https://www.prominent-exports.com
What has been the recent revenue trend for Prominent Forgings Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Prominent Forgings Private Limited has risen by 89.02%.
What change has been observed in the net worth of Prominent Forgings Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Prominent Forgings Private Limited has experienced an upsurge of 13.51%.
What are the total open charges for Prominent Forgings Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Prominent Forgings Private Limited amount to ₹ 9.53 Cr.
When was the last Balance Sheet of Prominent Forgings Private Limited filed with the ROC?
The most recent Balance Sheet for Prominent Forgings Private Limited was filed with the ROC on 31 Mar 2024.
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