Ring Forgings Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 17-11-2024
- Paid Up Capital ₹ 4.95 M
as on 17-11-2024
- Company Age 20 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 31.70 Cr
as on 17-11-2024
- Revenue 29.16%
(FY 2023)
- Profit 9.13%
(FY 2023)
- Ebitda 6.66%
(FY 2023)
- Net Worth 9.32%
(FY 2023)
- Total Assets 25.90%
(FY 2023)
About Ring Forgings
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 1.00 Cr and a paid-up capital of Rs 4.95 M.
The company currently has active open charges totaling ₹31.70 Cr.
Suresh Bhandari and Vijay Bhandari serve as directors at the Company.
- CIN/LLPIN
U27320KA2004PTC034875
- Company No.
034875
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Oct 2004
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
Who are the key members and board of directors at Ring Forgings?
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Suresh Bhandari  | Director | 15-Oct-2004 | Current |
| Vijay Bhandari | Director | 01-Sep-2014 | Current |
Financial Performance of Ring Forgings.
Ring Forgings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 29.16% increase. The company also saw a slight improvement in profitability, with a 9.13% increase in profit. The company's net worth moved up by a moderate rise of 9.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Ring Forgings?
In 2022, Ring 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)
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Twivi Technology Private LimitedActive 16 years 9 monthsSuresh Bhandari and Vijay Bhandari are mutual person
- Bhandari Precision Forgings Private LimitedActive 28 years 6 months
Suresh Bhandari and Vijay Bhandari are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Indian Bank Creation Date: 21 Sep 2024 | ₹5.00 M | Open |
Indian Bank Creation Date: 27 Jan 2017 | ₹2.00 Cr | Open |
Indian Bank Creation Date: 31 Aug 2015 | ₹1.50 Cr | Open |
How Many Employees Work at Ring Forgings?
Ring Forgings has a workforce of 46 employees as of Mar 27, 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 Ring 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 Ring 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.
