Western India Forgings Pvt Ltd

Manufacturer and supplier of forgings and machined components for various industries globally.

1981 | Pune, Maharashtra (India) | Active
Last Updated:

Western India Forgings Profile

Key Indicators

  • Authorised Capital ₹ 21.00 Cr
  • Paid Up Capital ₹ 9.50 Cr
  • Company Age 43 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 183.20 Cr
  • Satisfied Charges ₹ 358.89 Cr
  • Revenue Growth 64.75%
  • Profit Growth 176.22%
  • Ebitda 63.52%
  • Net Worth 30.44%
  • Total Assets 39.21%

About Western India Forgings

Western India Forgings Pvt Ltd (WIFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 March 1981 and has a history of 43 years and 11 months. Its registered office is in Pune, Maharashtra, India.

The Corporate was formerly known as Western India Forgings Ltd. 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 21.00 Cr and a paid-up capital of Rs 9.50 Cr.

The company currently has active open charges totaling ₹183.20 Cr. The company has closed loans amounting to ₹358.89 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Western India Forgings Pvt Ltd India are Viralkumar Shah as CFO and Mahendra Samdole as Company Secretary. Arun Jindal, Shubham Jindal, and Dhananjay Patil serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U28910PN1981PTC024155

  • Company No.

    024155

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Mar 1981

  • Date of AGM

    10 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Engineering

What products or services does Western India Forgings Pvt Ltd offer?

Western India Forgings Pvt Ltd offers a wide range of products and services, including Forgings, Forging Parts & Supplies, Forgings, Forged Components.

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

Executive Team (4)

NameDesignationAppointment DateStatus
Arun Jindal Country flag representing In Managing Director01-Feb-2020Current
Shubham Jindal Country flag representing In Managing Director17-Sep-2016Current
Viralkumar Shah CFO02-Nov-2022Current
Mahendra Samdole Country flag representing In Company Secretary07-Oct-2024Current

Board Members (1)

NameDesignationAppointment DateStatus
Dhananjay Patil Country flag representing In Director 30-Mar-2023Current

Financial Performance of Western India Forgings.

Western India Forgings Pvt Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 64.75% increase. The company also saw a substantial improvement in profitability, with a 176.22% increase in profit. The company's net worth Soared by an impressive increase of 30.44%.

Western India Forgings revenue growth over time
Western India 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
64.75%
Revenue from Operations
64.76%
Total Assets
39.21%
Profit or Loss
176.22%
Net Worth
30.44%
EBITDA
63.52%

What is the Ownership and Shareholding Structure of Western India Forgings?

In 2022, Western India Forgings 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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹183.20 Cr

Satisfied Charges

₹358.89 Cr

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 183.20 Cr

Latest Charge Details

DateLenderAmountStatus
31 Aug 2016Sbicap Trustee Company Limited₹183.20 CrOpen
12 Feb 2019Others₹63.20 CrSatisfied
29 Oct 2018Others₹30.00 CrSatisfied
22 Oct 2018Hdfc Bank Limited₹1.70 MSatisfied
27 Apr 2018Hdfc Bank Limited₹1.09 MSatisfied

How Many Employees Work at Western India Forgings?

Western India Forgings has a workforce of 257 employees as of Apr 06, 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 Western India Forgings Pvt Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Western India 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 Western India 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 Western India Forgings

Recent activity within the organization

  • Director Appointment

    Mahendra Ravso Samdole was appointed as a Company Secretary was appointed as a Company Secretary on 07 Oct 2024 & has been associated with this company since 4 months 28 days .

  • Annual General Meeting

    Western India Forgings Pvt Ltd last Annual general meeting of members was held on 10 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Western India Forgings Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 183.20 Cr registered on 31 Aug 2016 with Charge ID 100048529 was modified on 03 May 2023.

  • Director Appointment

    Dhananjay Mansingrao Patil was appointed as a Director was appointed as a Director on 30 Mar 2023 & has been associated with this company since 1 year 11 months .

  • Charges

    A charge registered on 27 Dec 2011 via Charge ID 10325441 with Standard Chartered Bank was fully satisfied on 08 Mar 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Western India Forgings Pvt Ltd?

    Western India Forgings Pvt Ltd was incorporated on 30 Mar 1981.

  • What is authorized share capital and paid-up capital of Western India Forgings Pvt Ltd?

    The authorized share capital of Western India Forgings Pvt Ltd is ₹ 21.00 Cr and paid-up capital is ₹ 9.50 Cr.

  • Who are the current board members & directors of Western India Forgings Pvt Ltd?

    Currently 5 directors are associated with Western India Forgings Pvt Ltd.

    • Arun Krishankumar Jindal
    • Shubham Arun Jindal
    • Dhananjay Mansingrao Patil
    • Viralkumar Shireeshchandra Shah
    • Mahendra Ravso Samdole

  • What is the registered address of Western India Forgings Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Western India Forgings Pvt Ltd is Gat No 163 Off Nagar Road Sanaswadi, Tal. Shirur India, Pune, Maharashtra, 412208.

  • What is the corporate identification number (CIN) and company number of Western India Forgings Pvt Ltd?

    The corporate identification number (CIN) of Western India Forgings Pvt Ltd is U28910PN1981PTC024155 and the company number is 024155 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Western India Forgings Pvt Ltd?

    The Official website of Western India Forgings Pvt Ltd is https://www.westerindiaforgings.com

  • What has been the recent revenue trend for Western India Forgings Pvt Ltd?

    According to the financial reports for the fiscal year 2022, the revenue trend for Western India Forgings Pvt Ltd has risen by 64.75%.

  • How many employees does Western India Forgings Pvt Ltd currently have?

    As Per 2022 financial reports, 257 employees are currently employed by Western India Forgings Pvt Ltd.

  • What change has been observed in the net worth of Western India Forgings Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Western India Forgings Pvt Ltd has experienced an upsurge of 30.44%.

  • What are the total open charges for Western India Forgings Pvt Ltd?

    As per the financial statements for fiscal Year 2022, The total open charges for Western India Forgings Pvt Ltd amount to ₹ 183.20 Cr.

  • When was the last Balance Sheet of Western India Forgings Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for Western India Forgings Pvt Ltd was filed with the ROC on 31 Mar 2024.

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