Adishiv Forge Pvt Ltd
About Adishiv Forge Pvt Ltd
Data last updated:
Adishiv Forge Pvt Ltd is a private limited company based in Rajkot, Gujarat, India. It operates in the metal manufacturing and processing segment of the metals and mining sector. It was incorporated on 16 February 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U18910GJ1993PTC018979. Its GSTIN is 24AABCA8875F1ZM (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹29.5 Lakh. It is led by directors including Mayur Jayendrakumar Patel and Jayendrabhai Dhanjibhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No.G – 505 GIDC (Metoda) Kalawad Road Vill : Metoda Tal : Lodhika, Rajkot, Gujarat, India – 360021.
As per the financials filed for FY 2025, the company reported a revenue of ₹11.28 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹34.05 Lakh (net margin 3%) and EBITDA of ₹1.48 Cr (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 9% over five years.
As per MCA filings, the company has open charges of ₹26 Lakh and satisfied charges of ₹1.76 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressPlot No.G – 505 GIDC (Metoda) Kalawad Road Vill : Metoda Tal : Lodhika, Rajkot, Gujarat, India – 360021
- IndustryMetals and Minerals, Metal Manufacturing & Processing
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Adishiv Forge Pvt Ltd
The main business activity of Adishiv Forge is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Adishiv Forge Pvt Ltd
Adishiv Forge Pvt Ltd is audited by MOHANLAL NATHABHAI MANVAR for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| MOHANLAL NATHABHAI MANVAR | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Adishiv Forge Pvt Ltd
Adishiv Forge has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mayur Jayendrakumar Patel | Director | 21 Jan 2012 | 14 Years 8 Months | Current |
| Jayendrabhai Dhanjibhai Patel | Director | 15 Nov 2018 | 7 Years 10 Months | Current |
| Bhumika Mayur Patel | Director | 16 Jun 2020 | 6 Years 3 Months | Current |
Financials of Adishiv Forge Pvt Ltd FY 2025 filings available
Adishiv Forge Pvt Ltd reported revenue of ₹11.28 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Adishiv Forge Pvt Ltd
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 9%. EBITDA rose 17% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Adishiv Forge Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.48 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹34.05 Lakh | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Adishiv Forge Pvt Ltd
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.1% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 3% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Adishiv Forge are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Adishiv Forge Pvt Ltd
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Adishiv Forge Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2022 | Axis Bank Limited | ₹15 Lakh | Open |
| 28 Sep 2020 | Others | ₹11 Lakh | Open |
| 19 Apr 2024 | Others | ₹95.95 Lakh | Satisfied |
| 03 Aug 2017 | Others | ₹20 Lakh | Satisfied |
| 10 May 2014 | The Co-Operative Bank of Rajkot Ltd. | ₹60 Lakh | Satisfied |
Total charge records: 5 View all charges
Employees and EPFO Compliance at Adishiv Forge Pvt Ltd
Employment history and EPFO contributions of people linked to Adishiv Forge.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of Adishiv Forge Pvt Ltd
Adishiv Forge has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCA8875F1ZM | Gujarat | Active | 01 Jul 2017 |
| 24AABCA8875F1DV | Gujarat | Active | 06 Nov 2024 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
Credit Ratings, Litigation & Regulatory Alerts for Adishiv Forge Pvt Ltd
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Adishiv Forge Pvt Ltd
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Adishiv Forge Pvt Ltd
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Adishiv Forge Pvt Ltd
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Adishiv Forge Pvt Ltd
Frequently Asked Questions about Adishiv Forge Pvt Ltd
Adishiv Forge is an active private limited company based in Rajkot, Gujarat, India. The company works in metal manufacturing and processing, within the metals and minerals industry. It was incorporated on 16 February 1993 (33+ years old) and is registered under CIN U18910GJ1993PTC018979.
Adishiv Forge reported revenue of ₹11.28 Cr for FY 2025 (down 4% YoY).
Adishiv Forge has 3 current directors:
- Mayur Jayendrakumar Patel - Director
- Jayendrabhai Dhanjibhai Patel - Director
- Bhumika Mayur Patel - Director
Adishiv Forge reported a net profit of ₹34.05 Lakh (net margin 3%) and EBITDA of ₹1.48 Cr (EBITDA margin 13.1%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Adishiv Forge is -6% over three years and 9% over five years. In the latest year (FY 2025) revenue fell 4%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Adishiv Forge is 24AABCA8875F1ZM, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AABCA8875F1DV (Gujarat).
The CIN (Corporate Identification Number) of Adishiv Forge is U18910GJ1993PTC018979. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Adishiv Forge was incorporated on 16 February 1993, making it 33+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The registered office of Adishiv Forge is at Plot No.G – 505 GIDC Metoda Kalawad Road Vill : Metoda Tal : Lodhika, Rajkot, Gujarat, India – 360021.