Somesh Forge Pvt Ltd

Manufacturer and trader of ferrous and non-ferrous metal die forgings, with international clientele.

1980 | Nasik, Maharashtra (India) | Active
Last Updated: July 03, 2024

Somesh Forge Profile

Key Indicators

  • Authorised Capital ₹ 2.25 Cr
  • Paid Up Capital ₹ 1.77 Cr
  • Company Age 44 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.74 Cr
  • Satisfied Charges ₹ 12.46 Cr
  • Revenue Growth 52.51%
  • Profit Growth 36.41%
  • Ebitda -110.18%
  • Net Worth 19.67%
  • Total Assets 52.99%

About Somesh Forge

Somesh Forge Pvt Ltd (SFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 September 1980 and has a history of 44 years and five months. Its registered office is in Nasik, Maharashtra, India.

The Company is engaged in the Manufacturing 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 2.25 Cr and a paid-up capital of Rs 1.77 Cr.

The company currently has active open charges totaling ₹20.74 Cr. The company has closed loans amounting to ₹12.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashok Guraddi and Sunil Halkatti serve as directors at the Company.

Company Details

  • Location

    Nasik, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28910MH1980PTC023079

  • Company No.

    023079

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Sep 1980

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

What products or services does Somesh Forge Pvt Ltd offer?

Somesh Forge Pvt Ltd offers a wide range of products and services, including Forgings, Forging Parts & Supplies, Forgings, Heater, Thermostat & Heating Devices, Heating Elements, Power Steering Parts, Power Steering, Forged Components, Forged Automotive Components, Automotive Spare Parts, Flange Yoke.

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

Board Members (2)

Name Designation Appointment Date Status
Ashok Guraddi Country flag representing In Director 18-Jun-2021 Current
Sunil Halkatti Country flag representing In Director 12-Jan-1981 Current

Financial Performance of Somesh Forge.

Somesh Forge Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 52.51% increase. The company also saw a substantial improvement in profitability, with a 36.41% increase in profit. The company's net worth Soared by an impressive increase of 19.67%.

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
52.51%
Revenue from Operations
50.22%
Total Assets
52.99%
Profit or Loss
36.41%
Net Worth
19.67%
EBITDA
-110.18%

What is the Ownership and Shareholding Structure of Somesh Forge?

In 2023, Somesh Forge had a promoter holding of 1.15% and a public holding of 98.85%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.74 Cr

Satisfied Charges

₹12.46 Cr

Charges Breakdown by Lending Institutions

  • Others : 12.72 Cr
  • Sidbi : 7.68 Cr
  • Small Industries Development Bank Of India : 0.34 Cr

Latest Charge Details

Date Lender Amount Status
23 Jan 2023 Sidbi ₹2.90 Cr Open
22 Nov 2022 Others ₹1.55 Cr Open
29 Sep 2022 Others ₹10.78 Cr Open
26 Mar 2022 Sidbi ₹6.00 M Open
26 Mar 2022 Sidbi ₹2.20 Cr Open

How Many Employees Work at Somesh Forge?

Somesh Forge has a workforce of 45 employees as of Apr 04, 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 Somesh 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 Somesh 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 Somesh Forge

Recent activity within the organization

  • Annual General Meeting

    Somesh 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 of Rs. 10.78 Cr registered on 29 Sep 2022 with Charge ID 100650031 was modified on 07 Jul 2023.

    07 Jul 2023

  • Balance Sheet

    Somesh Forge Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Sidbi of Rs. 2.90 Cr registered on 23 Jan 2023 with Charge ID 100672376 was modified on 25 Jan 2023.

    25 Jan 2023

  • Charges

    A charge with Sidbi amounted to Rs. 2.90 Cr with Charge ID 100672376 was registered on 23 Jan 2023.

    23 Jan 2023

  • Charges

    A charge registered on 05 May 2022 via Charge ID 100580046 with Yes Bank Limited was fully satisfied on 05 Dec 2022.

    05 Dec 2022

Frequently asked questions

  • Somesh Forge Pvt Ltd was incorporated on 06 Sep 1980.

  • The authorized share capital of Somesh Forge Pvt Ltd is ₹ 2.25 Cr and paid-up capital is ₹ 1.77 Cr.

  • Currently 2 directors are associated with Somesh Forge Pvt Ltd.

    • Ashok Parutaraddi Guraddi
    • Sunil Chintamani Halkatti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Somesh Forge Pvt Ltd is Plot No F-100 Midc AreaSatpur, Nasik, Maharashtra, India, 422007.

  • The corporate identification number (CIN) of Somesh Forge Pvt Ltd is U28910MH1980PTC023079 and the company number is 023079 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Somesh Forge Pvt Ltd is https://www.someshforge.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Somesh Forge Pvt Ltd has risen by 52.51%.

  • As Per 2023 financial reports, 45 employees are currently employed by Somesh Forge Pvt Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Somesh Forge Pvt Ltd has experienced an upsurge of 19.67%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Somesh Forge Pvt Ltd amount to ₹ 20.74 Cr.

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

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