Proxima Steel Forge Private Limited

Manufacturer and exporter of non-sparking tools, certified with ISO 9001:2015, based in Punjab.

1992 | Punjab, Punjab (India) | Active
Last Updated:

Proxima Steel Forge Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.20 Cr
  • Company Age 32 Year, 4 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 four 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

Machinery and Equipment

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)

NameDesignationAppointment DateStatus
Sudershan Sharma Country flag representing In Managing Director28-Feb-2011Current

Board Members (3)

NameDesignationAppointment DateStatus
Rishi Sharma Country flag representing In Whole-Time Director 09-Mar-2011Current
Gulshan Sharma Country flag representing In Director 23-Aug-2024Current
Nancy Sharma Director 23-Aug-2024Current

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%.

Proxima Steel Forge revenue growth over time
Proxima Steel 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
-24.48%
Revenue from Operations
-24.63%
Total Assets
-12.57%
Profit or Loss
-35.34%
Net Worth
17.74%
EBITDA
8.57%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹80.47 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
31 May 2024Hdfc Bank Limited₹2.56 CrOpen
29 Apr 2024Sidbi₹3.00 CrOpen
05 Dec 2023Sidbi₹3.00 CrOpen
30 May 2023Sidbi₹3.58 CrOpen
11 Nov 2022Sidbi₹5.00 CrOpen

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.

Employee growth trends for Proxima Steel Forge Private Limited

Deals i

Graph showing company valuation over time

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

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 Proxima Steel Forge

Recent activity within the organization

  • Director Appointment

    Gulshan Sharma was appointed as a Director was appointed as a Director on 23 Aug 2024 & has been associated with this company since 7 months 9 days .

  • Director Appointment

    Nancy Sharma was appointed as a Director was appointed as a Director on 23 Aug 2024 & has been associated with this company since 7 months 9 days .

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.56 Cr with Charge ID 100932745 was registered on 31 May 2024.

  • Charges

    A charge registered on 24 May 2021 via Charge ID 100458768 with Hdfc Bank Limited was fully satisfied on 07 May 2024.

  • Charges

    A charge with Sidbi amounted to Rs. 3.00 Cr with Charge ID 100928201 was registered on 29 Apr 2024.

  • Charges

    A charge registered on 13 Jan 2021 via Charge ID 100423639 with Hdfc Bank Limited was fully satisfied on 23 Feb 2024.

Frequently asked questions

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

    Proxima Steel Forge Private Limited was incorporated on 24 Nov 1992.

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

    The authorized share capital of Proxima Steel Forge Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.20 Cr.

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

    Currently 4 directors are associated with Proxima Steel Forge Private Limited.

    • Sudershan Kumar Sharma
    • Rishi Raj Sharma
    • Gulshan Sharma
    • Nancy Sharma

  • What is the registered address of Proxima Steel Forge Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Proxima Steel Forge Private Limited is B 15 Industrialfocal Point Phase Ii Jalandhar India, Punjab.

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

    The corporate identification number (CIN) of Proxima Steel Forge Private Limited is U27320PB1992PTC012759 and the company number is 012759 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Proxima Steel Forge Private Limited?

    The Official website of Proxima Steel Forge Private Limited is https://www.proximasteel.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Proxima Steel Forge Private Limited has fallen by -24.48%.

  • How many employees does Proxima Steel Forge Private Limited currently have?

    As Per 2023 financial reports, 647 employees are currently employed by Proxima Steel Forge Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Proxima Steel Forge Private Limited has experienced an upsurge of 17.74%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Proxima Steel Forge Private Limited amount to ₹ 80.47 Cr.

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

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

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