Yash Forgings Profile
Key Indicators
- Authorised Capital ₹ 10.35 Cr
- Paid Up Capital ₹ 3.32 Cr
- Company Age 33 Year, 8 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.25 Cr
- Satisfied Charges ₹ 3.22 Cr
- Revenue Growth 25.78%
- Profit Growth -84.33%
- Ebitda -37.27%
- Net Worth 0.51%
- Total Assets 27.86%
About Yash Forgings
Yash Forgings Private Limited (YFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 May 1991 and has a history of 33 years and eight months. Its registered office is in Nagpur, Maharashtra, India.
The Company is engaged in the Machinery And Equipment 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 10.35 Cr and a paid-up capital of Rs 3.32 Cr.
The company currently has active open charges totaling ₹3.25 Cr. The company has closed loans amounting to ₹3.22 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shashi Bhandari, Nand Bhandari, and Yash Bhandari serve as directors at the Company.
Company Details
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Location
Nagpur, Maharashtra, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U28910MH1991PTC061551
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Company No.
061551
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
07 May 1991
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Mumbai
Industry
What products or services does Yash Forgings Private Limited offer?
Yash Forgings Private Limited offers a wide range of products and services, including Heavy & Light Duty Caster Wheels, Trolley Wheels, Gearbox, Axle, Sprocket & Gear Parts, Industrial Shafts, Piston & Crankshaft Assemblies, Crankshafts, Tyre, Tube & Flaps, Wheel Rim, Steel & Stainless Steel Products, Industrial Steel.
Who are the key members and board of directors at Yash Forgings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nand Bhandari
|
Managing Director | 07-May-1991 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Shashi Bhandari
|
Director | 07-May-1991 | Current |
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Yash Bhandari
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Director | 21-Jan-2021 | Current |
Financial Performance of Yash Forgings.
Yash Forgings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.78% increase. The company also saw a substantial fall in profitability, with a 84.33% decrease in profit. The company's net worth moved up by a moderate rise of 0.51%.
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What is the Ownership and Shareholding Structure of Yash Forgings?
In 2023, Yash Forgings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
₹3.25 Cr
₹3.22 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 3.25 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2023 | Hdfc Bank Limited | ₹3.25 Cr | Open |
| 19 Dec 2019 | Others | ₹1.00 Cr | Satisfied |
| 23 Feb 2005 | Hdfc Bank Limited | ₹8.50 M | Satisfied |
| 31 Jan 1998 | Nagpur Nagarik Sahakari Bank Ltd. | ₹5.00 M | Satisfied |
| 05 Sep 1995 | Nagpur Nagarik Sahakari Bank Ltd. | ₹2.70 M | Satisfied |
How Many Employees Work at Yash Forgings?
Yash Forgings has a workforce of 25 employees as of Apr 04, 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 Yash 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 Yash 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.
