

Squad Forging India Profile
Key Indicators
- Authorised Capital ₹ 167.47 Cr
- Paid Up Capital ₹ 167.42 Cr
- Company Age 14 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 41.87 Cr
- Satisfied Charges ₹ 53.94 Cr
- Revenue Growth 90.59%
- Profit Growth 63.52%
- Ebitda 2195.67%
- Net Worth 16.05%
- Total Assets 6.59%
About Squad Forging India
Squad Forging India Private Limited (SFIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 January 2011 and has a history of 14 years and three months. Its registered office is in Belgaum, Karnataka, India.
The Corporate was formerly known as Setforge Quest Forging India Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 167.47 Cr and a paid-up capital of Rs 167.42 Cr.
The company currently has active open charges totaling ₹41.87 Cr. The company has closed loans amounting to ₹53.94 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Squad Forging India Private Limited India are Sahil Moghe as COMPANY SECRETARY and Durvigere Mohan as Ceo. Rajeev Kaul, Mohamed Bouzidi, Bruno Durand, and One other member serve as directors at the Company.
Company Details
- Location
Belgaum, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U28910KA2011PTC056681
- Company No.
056681
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
19 Jan 2011
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at Squad Forging India?
Executive Team (2)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Sahil Moghe | Company Secretary | 10-Jun-2024 | Current |
Durvigere Mohan | CEO | 27-Sep-2021 | Current |
Board Members (4)
Name | Designation | Appointment Date | Status |
---|---|---|---|
Rajeev Kaul ![]() | Nominee Director | 19-Jan-2011 | Current |
Mohamed Bouzidi ![]() | Nominee Director | 15-Oct-2018 | Current |
Bruno Durand ![]() | Nominee Director | 01-Mar-2024 | Current |
Xavier Pierron ![]() | Nominee Director | 23-Mar-2018 | Current |
Financial Performance of Squad Forging India.
Squad Forging India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 90.59% increase. The company also saw a substantial improvement in profitability, with a 63.52% increase in profit. The company's net worth Soared by an impressive increase of 16.05%.


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What is the Ownership and Shareholding Structure of Squad Forging India?
In 2023, Squad Forging India 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)
- Aequs Home Appliances Private Limited
Rajeev Kaul is a mutual person
- Aequs Private Limited
Rajeev Kaul is a mutual person
- Aerospace Processing India Private Limited
Rajeev Kaul is a mutual person
- Aequs Cookware Private Limited
Rajeev Kaul is a mutual person
- Aerospace India Association
Rajeev Kaul is a mutual person
- Aubert& Duval Engineering India Private Limited
Xavier Pierron is a mutual person
Charges (Loans)
₹41.87 Cr
₹53.94 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 41.87 Cr
Latest Charge Details
Date | Lender | Amount | Status |
---|---|---|---|
05 Jul 2018 | Hdfc Bank Limited | ₹41.87 Cr | Open |
11 Apr 2014 | Export-Import Bank Of India | ₹15.44 Cr | Satisfied |
13 Sep 2012 | Export-Import Bank Of India | ₹38.50 Cr | Satisfied |
How Many Employees Work at Squad Forging India?
Squad Forging India has a workforce of 104 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.

Deals i

Gain comprehensive insights into the Deals and Valuation data of Squad Forging India, 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 Squad Forging India'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.
Latest Updates, News, and FAQs on Squad Forging India
Recent activity within the organization
- Annual General Meeting
Squad Forging India Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Director Appointment
Sahil Keshav Moghe was appointed as a Company Secretary was appointed as a Company Secretary on 10 Jun 2024 & has been associated with this company since 11 months 3 days .
- Balance Sheet
Squad Forging India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Bruno Guy Marie Durand was appointed as a Nominee Director was appointed as a Nominee Director on 01 Mar 2024 & has been associated with this company since 1 year 2 months .
- Charges
A charge registered on 11 Apr 2014 via Charge ID 10495609 with Export-Import Bank Of India was fully satisfied on 24 Jan 2024.
- Charges
A charge registered on 13 Sep 2012 via Charge ID 10379494 with Export-Import Bank Of India was fully satisfied on 17 Mar 2022.
Frequently asked questions
What is the Incorporation or founding date of Squad Forging India Private Limited?
Squad Forging India Private Limited was incorporated on 19 Jan 2011.
What is authorized share capital and paid-up capital of Squad Forging India Private Limited?
The authorized share capital of Squad Forging India Private Limited is ₹ 167.47 Cr and paid-up capital is ₹ 167.42 Cr.
Who are the current board members & directors of Squad Forging India Private Limited?
Currently 6 directors are associated with Squad Forging India Private Limited.
- Rajeev Kaul
- Sahil Keshav Moghe
- Durvigere Shivamurthy Mohan
- Mohamed Bouzidi
- Bruno Guy Marie Durand
- Xavier Pierron
What is the registered address of Squad Forging India Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Squad Forging India Private Limited is Aequs Sez No. 437/A Hattargi Village Hukkeri Taluk, India, Belgaum, Karnataka, 591243.
What is the corporate identification number (CIN) and company number of Squad Forging India Private Limited?
The corporate identification number (CIN) of Squad Forging India Private Limited is U28910KA2011PTC056681 and the company number is 056681 as per Ministry of Corporate Affairs (MCA).
What is the official website of Squad Forging India Private Limited?
The Official website of Squad Forging India Private Limited is https://www.squadforge.com
What has been the recent revenue trend for Squad Forging India Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Squad Forging India Private Limited has risen by 90.59%.
How many employees does Squad Forging India Private Limited currently have?
As Per 2023 financial reports, 104 employees are currently employed by Squad Forging India Private Limited.
What change has been observed in the net worth of Squad Forging India Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Squad Forging India Private Limited has experienced an upsurge of 16.05%.
What are the total open charges for Squad Forging India Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Squad Forging India Private Limited amount to ₹ 41.87 Cr.
When was the last Balance Sheet of Squad Forging India Private Limited filed with the ROC?
The most recent Balance Sheet for Squad Forging India Private Limited was filed with the ROC on 31 Mar 2024.
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