Vico Forge Profile
Key Indicators
- Authorised Capital ₹ 9.50 M
as on 03-07-2024
- Paid Up Capital ₹ 4.52 M
as on 03-07-2024
- Company Age 38 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 38.50 Cr
as on 03-07-2024
- Satisfied Charges ₹ 54.82 Cr
as on 03-07-2024
- Revenue 20.05%
(FY 2023)
- Profit 76.52%
(FY 2023)
- Ebitda -5.48%
(FY 2023)
- Net Worth 8.75%
(FY 2023)
- Total Assets 16.67%
(FY 2023)
About Vico Forge
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 2023. It's a company limited by shares with an authorized capital of Rs 9.50 M and a paid-up capital of Rs 4.52 M.
The company currently has active open charges totaling ₹38.50 Cr. The company has closed loans amounting to ₹54.82 Cr, as per Ministry of Corporate Affairs (MCA) records.
Kirit Panchal, Kaushikkumar Panchal, Kamlesh Panchal, and Two other members serve as directors at the Company.
- CIN/LLPIN
U28910GJ1986PTC008588
- Company No.
008588
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
01 Apr 1986
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Valsad, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Vico Forge Pvt Ltd offer?
Vico Forge Pvt Ltd offers a wide range of products and services, including Industrial Furnaces & Ovens, Heating Furnace.
Who are the key members and board of directors at Vico Forge?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Amrutlal Panchal  | Managing Director | 06-Oct-1986 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Ravikumar Panchal | Director | 19-Nov-2020 | Current |
| Kirit Panchal | Director | 27-Apr-2021 | Current |
| Kaushikkumar Panchal | Director | 27-Apr-2021 | Current |
| Kamlesh Panchal | Director | 09-Nov-2020 | Current |
Financial Performance of Vico Forge.
Vico Forge Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 20.05% increase. The company also saw a substantial improvement in profitability, with a 76.52% increase in profit. The company's net worth moved up by a moderate rise of 8.75%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Vico Forge?
In 2023, Vico Forge had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 21 Mar 2023 | ₹1.50 Cr | Open |
Others Creation Date: 25 Aug 2022 | ₹4.15 Cr | Open |
Others Creation Date: 22 Feb 2021 | ₹5.40 M | Open |
How Many Employees Work at Vico Forge?
Vico Forge has a workforce of 104 employees as of Mar 25, 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 Vico 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 Vico Forge'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.
