Siddhi Forge Pvt Ltd

Manufacturer of forged auto and tractor components for automobile and machine tooling industry.

1993 | Ahmednagar, Maharashtra (India) | Active
Last Updated: June 15, 2024

Siddhi Forge Profile

Key Indicators

  • Authorised Capital ₹ 2.30 Cr
  • Paid Up Capital ₹ 1.73 Cr
  • Company Age 31 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 55.44 Cr
  • Satisfied Charges ₹ 18.63 Cr
  • Revenue Growth 46.21%
  • Profit Growth 18.20%
  • Ebitda 51.23%
  • Net Worth 6.70%
  • Total Assets 26.71%

About Siddhi Forge

Siddhi Forge Pvt Ltd (SFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 July 1993 and has a history of 31 years and seven months. Its registered office is in Ahmednagar, Maharashtra, India.

The Company is engaged in the Automotive 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 2.30 Cr and a paid-up capital of Rs 1.73 Cr.

The company currently has active open charges totaling ₹55.44 Cr. The company has closed loans amounting to ₹18.63 Cr, as per Ministry of Corporate Affairs (MCA) records.

Smita Waghmode, Pramila Bhingare, and Shrihari Tipugade serve as directors at the Company.

Company Details

  • Location

    Ahmednagar, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    siddhiforge.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310PN1993PTC072671

  • Company No.

    072671

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Jul 1993

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Automotive
Machinery and Equipment

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

Board Members (3)

NameDesignationAppointment DateStatus
Smita Waghmode Country flag representing In Director 15-Mar-2022Current
Pramila Bhingare Country flag representing In Director 03-Oct-2016Current
Shrihari Tipugade Country flag representing In Director 02-Jul-2018Current

Financial Performance of Siddhi Forge.

Siddhi Forge Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 46.21% increase. The company also saw a substantial improvement in profitability, with a 18.2% increase in profit. The company's net worth moved up by a moderate rise of 6.7%.

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
46.21%
Revenue from Operations
45.83%
Total Assets
26.71%
Profit or Loss
18.20%
Net Worth
6.70%
EBITDA
51.23%

What is the Ownership and Shareholding Structure of Siddhi Forge?

In 2023, Siddhi 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

₹55.44 Cr

Satisfied Charges

₹18.63 Cr

Charges Breakdown by Lending Institutions

  • Others : 28.12 Cr
  • State Bank Of India : 22.35 Cr
  • Axis Bank Limited : 4.97 Cr

Latest Charge Details

DateLenderAmountStatus
03 Nov 2023Others₹2.57 MOpen
21 Sep 2023Others₹3.32 MOpen
21 Sep 2023Others₹0.78 MOpen
15 Sep 2023Others₹1.32 MOpen
14 Sep 2023Others₹1.90 MOpen

How Many Employees Work at Siddhi Forge?

Siddhi Forge has a workforce of 229 employees as of Apr 05, 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 Siddhi 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 Siddhi 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 Siddhi Forge

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 0.26 Cr with Charge ID 100817287 was registered on 03 Nov 2023.

    03 Nov 2023

  • Annual General Meeting

    Siddhi Forge Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 0.33 Cr with Charge ID 100809394 was registered on 21 Sep 2023.

    21 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 0.08 Cr with Charge ID 100809395 was registered on 21 Sep 2023.

    21 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 0.13 Cr with Charge ID 100786434 was registered on 15 Sep 2023.

    15 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 0.19 Cr with Charge ID 100787883 was registered on 14 Sep 2023.

    14 Sep 2023

Frequently asked questions

  • Siddhi Forge Pvt Ltd was incorporated on 02 Jul 1993.

  • The authorized share capital of Siddhi Forge Pvt Ltd is ₹ 2.30 Cr and paid-up capital is ₹ 1.73 Cr.

  • Currently 3 directors are associated with Siddhi Forge Pvt Ltd.

    • Smita Akshay Waghmode
    • Pramila Karbhari Bhingare
    • Shrihari Daulatrao Tipugade
  • As per Ministry of Corporate Affairs (Mca), the registered address of Siddhi Forge Pvt Ltd is Plot.No.L-3/1.Midc Industrial Area, Ahmednagar, Maharashtra, India, 414111.

  • The corporate identification number (CIN) of Siddhi Forge Pvt Ltd is U27310PN1993PTC072671 and the company number is 072671 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Siddhi Forge Pvt Ltd is https://www.siddhiforge.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Siddhi Forge Pvt Ltd has risen by 46.21%.

  • As Per 2023 financial reports, 229 employees are currently employed by Siddhi Forge Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Siddhi Forge Pvt Ltd has experienced an upsurge of 6.70%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Siddhi Forge Pvt Ltd amount to ₹ 55.44 Cr.

  • The most recent Balance Sheet for Siddhi Forge Pvt Ltd was filed with the ROC on 31 Mar 2023.

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