Western India Forgings Profile
Key Indicators
- Authorised Capital ₹ 21.00 Cr
- Paid Up Capital ₹ 9.50 Cr
- Company Age 43 Year, 10 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 ten 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
- Location
Pune, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
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
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)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Arun Jindal  | Managing Director | 01-Feb-2020 | Current |
| Shubham Jindal | Managing Director | 17-Sep-2016 | Current |
| Viralkumar Shah | CFO | 02-Nov-2022 | Current |
| Mahendra Samdole | Company Secretary | 07-Oct-2024 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Dhananjay Patil | Director | 30-Mar-2023 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Krishanveer Forge LimitedArun Jindal, Viralkumar Shah and 1 more are mutual person
Kran Rader Private LimitedArun Jindal and Shubham Jindal are mutual person
- Kran Rader Infra Private Limited
Arun Jindal and Shubham Jindal are mutual person
Charges (Loans)
₹183.20 Cr
₹358.89 Cr
Charges Breakdown by Lending Institutions
- Sbicap Trustee Company Limited : 183.20 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Aug 2016 | Sbicap Trustee Company Limited | ₹183.20 Cr | Open |
| 12 Feb 2019 | Others | ₹63.20 Cr | Satisfied |
| 29 Oct 2018 | Others | ₹30.00 Cr | Satisfied |
| 22 Oct 2018 | Hdfc Bank Limited | ₹1.70 M | Satisfied |
| 27 Apr 2018 | Hdfc Bank Limited | ₹1.09 M | Satisfied |
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.
Deals i
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
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.
