Proxima Steel Forge Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.20 Cr
- Company Age 32 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 80.47 Cr
- Satisfied Charges ₹ 8.26 Cr
- Revenue Growth -24.48%
- Profit Growth -35.34%
- Ebitda 8.57%
- Net Worth 17.74%
- Total Assets -12.57%
About Proxima Steel Forge
Proxima Steel Forge Private Limited (PSFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 November 1992 and has a history of 32 years and three months. Its registered office is in Punjab, Punjab.
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 1.50 Cr and a paid-up capital of Rs 1.20 Cr.
The company currently has active open charges totaling ₹80.47 Cr. The company has closed loans amounting to ₹8.26 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sudershan Sharma, Rishi Sharma, Gulshan Sharma, and One other member serve as directors at the Company.
Company Details
- Location Punjab, Punjab
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U27320PB1992PTC012759
- Company No.
012759
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
24 Nov 1992
- 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 Proxima Steel Forge Private Limited offer?
Proxima Steel Forge Private Limited offers a wide range of products and services, including Pliers, Screwdrivers & Hammers, Hammers, Chisels & Professional Hand Tools, Chisels, Gardening and Horticulture Tools, Digging Tools, Soft Hammer & Mallets, Jewellery Making Tools & Machines, Jewelry Hammer, Plier.
Who are the key members and board of directors at Proxima Steel Forge?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sudershan Sharma  | Managing Director | 28-Feb-2011 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Rishi Sharma | Whole-Time Director | 09-Mar-2011 | Current |
| Gulshan Sharma | Director | 23-Aug-2024 | Current |
| Nancy Sharma | Director | 23-Aug-2024 | Current |
Financial Performance of Proxima Steel Forge.
Proxima Steel Forge Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 24.48% decrease. The company also saw a substantial fall in profitability, with a 35.34% decrease in profit. The company's net worth Soared by an impressive increase of 17.74%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Proxima Steel Forge?
In 2023, Proxima Steel 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)
H. R. Tools Private LimitedSudershan Sharma, Rishi Sharma and 1 more are mutual person
Proxima Care FoundationSudershan Sharma and Rishi Sharma are mutual person
- Yogland India Private Limited
Rishi Sharma is a mutual person
- Balin Gyms Private Limited
Rishi Sharma is a mutual person
Charges (Loans)
₹80.47 Cr
₹8.26 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 56.34 Cr
- Sidbi : 19.58 Cr
- Hdfc Bank Limited : 4.55 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 May 2024 | Hdfc Bank Limited | ₹2.56 Cr | Open |
| 29 Apr 2024 | Sidbi | ₹3.00 Cr | Open |
| 05 Dec 2023 | Sidbi | ₹3.00 Cr | Open |
| 30 May 2023 | Sidbi | ₹3.58 Cr | Open |
| 11 Nov 2022 | Sidbi | ₹5.00 Cr | Open |
How Many Employees Work at Proxima Steel Forge?
Proxima Steel Forge has a workforce of 647 employees as of Apr 09, 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 Proxima Steel 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 Proxima Steel 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.
