Qualitech Forge Private Limited

Manufacturer of various forge products with ISO certification, based in Gujarat, India.

2002 | Veraval Rajkot, Gujarat (India) | Active
Last Updated: July 08, 2024

Qualitech Forge Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 22 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.95 Cr
  • Satisfied Charges ₹ 4.50 M
  • Revenue Growth 35.32%
  • Profit Growth 84.21%
  • Ebitda 16.59%
  • Net Worth 1.04%
  • Total Assets 4.52%

About Qualitech Forge

Qualitech Forge Private Limited (QFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 April 2002 and has a history of 22 years and ten months. Its registered office is in Veraval Rajkot, Gujarat, India.

The Company is engaged in the Engineering 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹1.95 Cr. The company has closed loans amounting to ₹4.50 M, as per Ministry of Corporate Affairs (MCA) records.

Amrutlal Patel and Hiteshbhai Makadia serve as directors at the Company.

Company Details

  • Location

    Veraval Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109GJ2002PTC040586

  • Company No.

    040586

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Apr 2002

  • Date of AGM

    02 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Engineering

Who are the key members and board of directors at Qualitech Forge?

Board Members (2)

Name Designation Appointment Date Status
Amrutlal Patel Country flag representing In Director 01-Apr-2002 Current
Hiteshbhai Makadia Country flag representing In Director 01-Apr-2002 Current

Financial Performance of Qualitech Forge.

Qualitech Forge Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 35.32% increase. The company also saw a substantial improvement in profitability, with a 84.21% increase in profit. The company's net worth moved up by a moderate rise of 1.04%.

Graph illustrating revenue growth over time
Graph showing 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
35.32%
Revenue from Operations
41.35%
Total Assets
4.52%
Profit or Loss
84.21%
Net Worth
1.04%
EBITDA
16.59%

What is the Ownership and Shareholding Structure of Qualitech Forge?

In 2023, Qualitech 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

₹19.50 M

Satisfied Charges

₹4.50 M

Charges Breakdown by Lending Institutions

  • Sidbi : 1.80 Cr
  • Axis Bank Limited : 0.15 Cr

Latest Charge Details

Date Lender Amount Status
16 Jul 2021 Axis Bank Limited ₹1.50 M Open
11 Sep 2007 Sidbi ₹1.80 Cr Open
10 May 2003 Corporation Bank ₹4.50 M Satisfied

How Many Employees Work at Qualitech Forge?

Qualitech Forge has a workforce of 6 employees as of Mar 23, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Qualitech 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 Qualitech 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 Qualitech Forge

Recent activity within the organization

  • Annual General Meeting

    Qualitech Forge Private Limited last Annual general meeting of members was held on 02 Sep 2023 as per latest MCA records.

    02 Sep 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.50 M with Charge ID 100466042 was registered on 16 Jul 2021.

    16 Jul 2021

  • Charges

    A charge with Sidbi of Rs. 18.00 M registered on 11 Sep 2007 with Charge ID 10067647 was modified on 11 Jun 2019.

    11 Jun 2019

  • Charges

    A charge with Sidbi amounted to Rs. 18.00 M with Charge ID 10067647 was registered on 11 Sep 2007.

    11 Sep 2007

  • Charges

    A charge registered on 10 May 2003 via Charge ID 90095323 with Corporation Bank was fully satisfied on 11 Sep 2007.

    11 Sep 2007

Frequently asked questions

  • Qualitech Forge Private Limited was incorporated on 01 Apr 2002.

  • The authorized share capital of Qualitech Forge Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

  • Currently 2 directors are associated with Qualitech Forge Private Limited.

    • Amrutlal Gokalbhai Patel
    • Hiteshbhai Amrutlal Makadia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Qualitech Forge Private Limited is Survey No 204/P Plot No 1 2 &3 B/H Transglobe Foods Ltd Veraval Village Main Road, Veraval Rajkot, Gujarat, India.

  • The corporate identification number (CIN) of Qualitech Forge Private Limited is U27109GJ2002PTC040586 and the company number is 040586 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Qualitech Forge Private Limited has risen by 35.32%.

  • As Per 2023 financial reports, 6 employees are currently employed by Qualitech Forge Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Qualitech Forge Private Limited has experienced an upsurge of 1.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Qualitech Forge Private Limited amount to ₹ 1.95 Cr.

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

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