Squad Forging India Private Limited

Manufacturer of ferrous and non-ferrous forgings for aerospace and automotive industries, with advanced equipment and certifications.

2011 | Belgaum, Karnataka (India) | Active
Last Updated: November 16, 2024

Squad Forging India Profile

Key Indicators

  • Authorised Capital ₹ 167.47 Cr
  • Paid Up Capital ₹ 167.42 Cr
  • Company Age 14 Year, 1 Month
  • 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 one month. 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

    squadforge.com

  • 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

Engineering

Who are the key members and board of directors at Squad Forging India?

Executive Team (2)

NameDesignationAppointment DateStatus
Sahil Moghe Company Secretary10-Jun-2024Current
Durvigere Mohan CEO27-Sep-2021Current

Board Members (4)

NameDesignationAppointment DateStatus
Rajeev Kaul Country flag representing In Nominee Director 19-Jan-2011Current
Mohamed Bouzidi Country flag representing Fr Nominee Director 15-Oct-2018Current
Bruno Durand Country flag representing Fr Nominee Director 01-Mar-2024Current
Xavier Pierron Country flag representing Fr Nominee Director 23-Mar-2018Current

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%.

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
90.59%
Revenue from Operations
80.64%
Total Assets
6.59%
Profit or Loss
63.52%
Net Worth
16.05%
EBITDA
2195.67%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹41.87 Cr

Satisfied Charges

₹53.94 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 41.87 Cr

Latest Charge Details

DateLenderAmountStatus
05 Jul 2018Hdfc Bank Limited₹41.87 CrOpen
11 Apr 2014Export-Import Bank Of India₹15.44 CrSatisfied
13 Sep 2012Export-Import Bank Of India₹38.50 CrSatisfied

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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

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 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.

    27 Sep 2024

  • 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 8 months 13 days .

    10 Jun 2024

  • Balance Sheet

    Squad Forging India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • 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 11 months 23 days .

    01 Mar 2024

  • 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.

    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.

    17 Mar 2022

Frequently asked questions

  • Squad Forging India Private Limited was incorporated on 19 Jan 2011.

  • The authorized share capital of Squad Forging India Private Limited is ₹ 167.47 Cr and paid-up capital is ₹ 167.42 Cr.

  • 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
  • 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.

  • 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).

  • The Official website of Squad Forging India Private Limited is https://www.squadforge.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Squad Forging India Private Limited has risen by 90.59%.

  • As Per 2023 financial reports, 104 employees are currently employed by Squad Forging India Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Squad Forging India Private Limited amount to ₹ 41.87 Cr.

  • The most recent Balance Sheet for Squad Forging India Private Limited was filed with the ROC on 31 Mar 2024.

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