Unity Forgings Private Limited

Manufacturer and distributor of automotive and electronic parts and components.

1983 | Mumbai, Maharashtra (India) | Active
Last Updated:

Unity Forgings Profile

Key Indicators

  • Authorised Capital ₹ 6.25 Cr
  • Paid Up Capital ₹ 5.75 Cr
  • Company Age 41 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.93 Cr
  • Satisfied Charges ₹ 14.57 Cr
  • Revenue Growth 28.15%
  • Profit Growth 140.67%
  • Ebitda 64.97%
  • Net Worth 14.35%
  • Total Assets 9.18%

About Unity Forgings

Unity Forgings Private Limited (UFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 October 1983 and has a history of 41 years and five months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Rasudh Casting Pvt Ltd. 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 2024. It's a company limited by shares with an authorized capital of Rs 6.25 Cr and a paid-up capital of Rs 5.75 Cr.

The company currently has active open charges totaling ₹3.93 Cr. The company has closed loans amounting to ₹14.57 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mahendra Parmar, Akshay Parmar, and Sanjay Kambli serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U27100MH1983PTC031194

  • Company No.

    031194

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Oct 1983

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive
Engineering
Company report

Unity Forgings Private Limited

Explore comprehensive data for Unity Forgings Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Unity Forgings?

Board Members (3)

NameDesignationAppointment DateStatus
Mahendra Parmar Country flag representing In Director 26-Oct-1983Current
Akshay Parmar Country flag representing In Director 20-Apr-2015Current
Sanjay Kambli Country flag representing In Director 01-Oct-2008Current

Financial Performance of Unity Forgings.

Unity Forgings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 28.15% increase. The company also saw a substantial improvement in profitability, with a 140.67% increase in profit. The company's net worth Soared by an impressive increase of 14.35%.

Unity Forgings revenue growth over time
Unity Forgings 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
28.15%
Revenue from Operations
27.85%
Total Assets
9.18%
Profit or Loss
140.67%
Net Worth
14.35%
EBITDA
64.97%

What is the Ownership and Shareholding Structure of Unity Forgings?

In 2023, Unity Forgings had a promoter holding of 31.30% and a public holding of 68.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.93 Cr

Satisfied Charges

₹14.57 Cr

Charges Breakdown by Lending Institutions

  • Small Industries Development Bank Of India : 2.00 Cr
  • Sidbi : 1.44 Cr
  • Others : 0.49 Cr

Latest Charge Details

DateLenderAmountStatus
25 Jan 2024Others₹4.89 MOpen
28 Dec 2021Sidbi₹1.19 CrOpen
09 Jan 2019Sidbi₹2.50 MOpen
17 Dec 2015Small Industries Development Bank Of India₹2.00 CrOpen
21 May 2020Sidbi₹9.20 MSatisfied

How Many Employees Work at Unity Forgings?

Unity Forgings has a workforce of 34 employees as of Apr 07, 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.

Employee growth trends for Unity Forgings Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Unity 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 Unity Forgings'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 Unity Forgings

Recent activity within the organization

  • Annual General Meeting

    Unity Forgings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Unity Forgings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others amounted to Rs. 0.49 Cr with Charge ID 100916244 was registered on 25 Jan 2024.

  • Charges

    A charge registered on 21 May 2020 via Charge ID 100340740 with Sidbi was fully satisfied on 20 Jun 2023.

  • Charges

    A charge with Sidbi amounted to Rs. 1.19 Cr with Charge ID 100516394 was registered on 28 Dec 2021.

  • Charges

    A charge registered on 11 Nov 2019 via Charge ID 100300757 with Sidbi was fully satisfied on 27 Oct 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Unity Forgings Private Limited?

    Unity Forgings Private Limited was incorporated on 26 Oct 1983.

  • What is authorized share capital and paid-up capital of Unity Forgings Private Limited?

    The authorized share capital of Unity Forgings Private Limited is ₹ 6.25 Cr and paid-up capital is ₹ 5.75 Cr.

  • Who are the current board members & directors of Unity Forgings Private Limited?

    Currently 3 directors are associated with Unity Forgings Private Limited.

    • Mahendra Himmatmal Parmar
    • Akshay Mahendra Parmar
    • Sanjay Gopal Kambli
  • What is the registered address of Unity Forgings Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Unity Forgings Private Limited is H 13 9Th Floor Plot No. 156 Everest Apartment Pandit Madan Mohan Malviya Marg, Tardeo India, Mumbai, Maharashtra, 400034.

  • What is the corporate identification number (CIN) and company number of Unity Forgings Private Limited?

    The corporate identification number (CIN) of Unity Forgings Private Limited is U27100MH1983PTC031194 and the company number is 031194 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Unity Forgings Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Unity Forgings Private Limited has risen by 28.15%.

  • How many employees does Unity Forgings Private Limited currently have?

    As Per 2023 financial reports, 34 employees are currently employed by Unity Forgings Private Limited.

  • What change has been observed in the net worth of Unity Forgings Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Unity Forgings Private Limited has experienced an upsurge of 14.35%.

  • What are the total open charges for Unity Forgings Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Unity Forgings Private Limited amount to ₹ 3.93 Cr.

  • When was the last Balance Sheet of Unity Forgings Private Limited filed with the ROC?

    The most recent Balance Sheet for Unity Forgings Private Limited was filed with the ROC on 31 Mar 2024.

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