Vico Forge Profile
Key Indicators
- Authorised Capital ₹ 9.50 M
- Paid Up Capital ₹ 4.52 M
- Company Age 39 Year, 13 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 38.50 Cr
- Satisfied Charges ₹ 54.82 Cr
- Revenue Growth 20.05%
- Profit Growth 76.52%
- Ebitda -5.48%
- Net Worth 8.75%
- Total Assets 16.67%
About Vico Forge
Vico Forge Pvt Ltd (VFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 April 1986 and has a history of 39 years. Its registered office is in Valsad, Gujarat, India.
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.
Company Details
- Location
Valsad, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Automotive
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.
Vico Forge Pvt Ltd
Explore comprehensive data for Vico Forge Pvt Ltd, including financials, compliance details, shareholding patterns, and litigation history.
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)
Riko Forge LlpKamlesh Panchal and Amrutlal Panchal are mutual person
Charges (Loans)
Open Charges
₹385.03 M
Satisfied Charges
₹548.22 M
Charges Breakdown by Lending Institutions
- Others : 19.29 Cr
- Religare Finvest Limited : 18.94 Cr
- Reliance Capital Ltd : 0.27 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Mar 2023 | Others | ₹1.50 Cr | Open |
| 25 Aug 2022 | Others | ₹4.15 Cr | Open |
| 22 Feb 2021 | Others | ₹5.40 M | Open |
| 29 Jul 2020 | Others | ₹1.79 Cr | Open |
| 29 Nov 2018 | Others | ₹9.93 Cr | 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.
Latest Updates, News, and FAQs on Vico Forge
Recent activity within the organization
- Annual General Meeting
Vico Forge Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Charges
A charge with Others of Rs. 15.00 M registered on 21 Mar 2023 with Charge ID 100698016 was modified on 31 Mar 2023.
- Balance Sheet
Vico Forge Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
- Charges
A charge with Others amounted to Rs. 15.00 M with Charge ID 100698016 was registered on 21 Mar 2023.
- Charges
A charge with Others of Rs. 41.45 M registered on 25 Aug 2022 with Charge ID 100605651 was modified on 04 Oct 2022.
- Charges
A charge with Others amounted to Rs. 41.45 M with Charge ID 100605651 was registered on 25 Aug 2022.
Frequently asked questions
What is the Incorporation or founding date of Vico Forge Pvt Ltd?
Vico Forge Pvt Ltd was incorporated on 01 Apr 1986.
What is authorized share capital and paid-up capital of Vico Forge Pvt Ltd?
The authorized share capital of Vico Forge Pvt Ltd is ₹ 9.50 M and paid-up capital is ₹ 4.52 M.
Who are the current board members & directors of Vico Forge Pvt Ltd?
Currently 5 directors are associated with Vico Forge Pvt Ltd.
- Kirit Babubhai Panchal
- Kaushikkumar Amrutlal Panchal
- Kamlesh Babubhai Panchal
- Ravikumar Amrutlal Panchal
- Amrutlal Dalchharam Panchal
What is the registered address of Vico Forge Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Vico Forge Pvt Ltd is Plot No 749 40 Shed Area Gidc Vapi Dist-Valsad, Gujarat, India, 396195.
What is the corporate identification number (CIN) and company number of Vico Forge Pvt Ltd?
The corporate identification number (CIN) of Vico Forge Pvt Ltd is U28910GJ1986PTC008588 and the company number is 008588 as per Ministry of Corporate Affairs (MCA).
What is the official website of Vico Forge Pvt Ltd?
The Official website of Vico Forge Pvt Ltd is https://www.vicoforge.com
What has been the recent revenue trend for Vico Forge Pvt Ltd?
According to the financial reports for the fiscal year 2023, the revenue trend for Vico Forge Pvt Ltd has risen by 20.05%.
How many employees does Vico Forge Pvt Ltd currently have?
As Per 2023 financial reports, 104 employees are currently employed by Vico Forge Pvt Ltd.
What change has been observed in the net worth of Vico Forge Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Vico Forge Pvt Ltd has experienced an upsurge of 8.75%.
What are the total open charges for Vico Forge Pvt Ltd?
As per the financial statements for fiscal Year 2023, The total open charges for Vico Forge Pvt Ltd amount to ₹ 38.50 Cr.
When was the last Balance Sheet of Vico Forge Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Vico Forge Pvt Ltd was filed with the ROC on 31 Mar 2023.
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