Varsha Forgings Profile
Key Indicators
- Authorised Capital ₹ 1.25 Cr
as on 24-10-2024
- Paid Up Capital ₹ 6.19 M
as on 24-10-2024
- Company Age 36 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 6.00 Cr
as on 24-10-2024
- Satisfied Charges ₹ 45.71 Cr
as on 24-10-2024
- Revenue 9.93%
(FY 2023)
- Profit -64.32%
(FY 2023)
- Ebitda -46.48%
(FY 2023)
- Net Worth 3.23%
(FY 2023)
- Total Assets 14.45%
(FY 2023)
About Varsha Forgings
The Corporate was formerly known as Varsha Forgings 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 2023. It's a company limited by shares with an authorized capital of Rs 1.25 Cr and a paid-up capital of Rs 6.19 M.
The company currently has active open charges totaling ₹6.00 Cr. The company has closed loans amounting to ₹45.71 Cr, as per Ministry of Corporate Affairs (MCA) records.
Jinendra Munot, Yash Munot, Piyush Munot, and One other member serve as directors at the Company.
- CIN/LLPIN
U28910PN1988PTC048629
- Company No.
048629
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
26 Aug 1988
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Company Details
- Location
Satara, Maharashtra, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Varsha Forgings Private Limited offer?
Varsha Forgings Private Limited offers a wide range of products and services, including Gearbox, Axle, Sprocket & Gear Parts, Gear parts, Automobile Fittings & Components, Automotive Shafts, Machine & Precision Tools, Spindles, Steering Parts & Components, Steering Parts, Camshafts, Drivetrain Components.
Who are the key members and board of directors at Varsha Forgings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Piyush Munot  | Managing Director | 01-Jul-2005 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Yash Munot | Director | 01-Jul-2005 | Current |
| Jinendra Munot | Director | 01-Jul-2005 | Current |
| Sanjeev Supsande | Director | 20-Apr-2021 | Current |
Financial Performance of Varsha Forgings.
Varsha Forgings Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.93% increase. The company also saw a substantial fall in profitability, with a 64.32% decrease in profit. The company's net worth moved up by a moderate rise of 3.23%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Varsha Forgings?
In 2023, Varsha Forgings had a promoter holding of 52.11% and a public holding of 47.88%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Prima - Feintechnik LlpActive 6 years 7 monthsJinendra Munot, Yash Munot and 1 more are mutual person
- Kctr Varsha Automotive Private LimitedActive 11 years 11 months
Jinendra Munot, Yash Munot and 1 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 31 Jul 2021 | ₹6.00 Cr | Open |
Hdfc Bank Limited Creation Date: 27 Dec 2018 | ₹18.60 Cr | Satisfied |
Axis Bank Limited Creation Date: 16 Mar 2012 | ₹12.60 Cr | Satisfied |
How Many Employees Work at Varsha Forgings?
Varsha Forgings has a workforce of 182 employees as of Mar 30, 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 Varsha 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 Varsha Forgings'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.
