About Avadh Forge Private Limited
Data last updated:
Avadh Forge Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 29 September 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28910GJ2005PTC046839. Its GSTIN is 24AAFCA4052L1ZS (Gujarat).
The company has an authorised share capital of ₹20 Lakh and a paid-up capital of ₹20 Lakh. It is led by directors including Ramniklal Karamshibhai Makwana and Atulbhai Ranchhodbhai Makwana.
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 Survey No. 275 Plot No. 2 – 3 – 4 Ankur Ind. Area Behind Sar Auto Veraval – Shapar, Rajkot, Gujarat, India – 360004.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.34 Cr, a decline of 3% compared to the previous year. For the same year it recorded a net profit of ₹4.36 Lakh (net margin 0.3%) and EBITDA of ₹59.55 Lakh (EBITDA margin 4.2%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years and 20% over five years.
As per MCA filings, the company has open charges of ₹2.96 Cr and satisfied charges of ₹14.07 Lakh on record. Court records list 3 cases involving the company, including 2 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website avadhforge.com.
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressSurvey No. 275 Plot No. 2 – 3 – 4 Ankur Ind. Area Behind Sar Auto Veraval – Shapar, Rajkot, Gujarat, India – 360004
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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 Avadh Forge Private Limited
The main business activity of Avadh 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.
Financials of Avadh Forge Private Limited FY 2025 filings available
Avadh Forge Private Limited reported revenue of ₹14.34 Cr (down 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Avadh Forge Private Limited
Revenue fell 3% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 20%. EBITDA rose 3% 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 Avadh Forge Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| 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 | ₹59.55 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹4.36 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 Avadh Forge Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.3% | •••• | •••• | •••• | •••• |
| 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 Avadh 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.
Peer Comparison of Avadh Forge Private Limited
Avadh Forge Private Limited is compared with the companies closest to it by revenue in the Engineering industry (Foundry and Fabrication). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rabbon Metal-Tec Private Limited | ₹14.42 Cr (FY 2025) | •••• | •••• | -37.0% | •••• | Durg, Chhattisgarh, India |
| Accutech Laser Private Limited | ₹14.4 Cr (FY 2023) | •••• | •••• | 41.0% | •••• | Bangalore, Karnataka, India |
| Abhay Induction Tech Private Limited | ₹14.39 Cr (FY 2022) | •••• | •••• | 47.0% | •••• | Ahmedabad, Gujarat, India |
| Highborn Flanges & Fittings (India) Private Limited | ₹14.35 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Umbergoan, Gujarat, India |
| Chanderpur Renewal Power Company Private Limited | ₹14.34 Cr (FY 2024) | •••• | •••• | -10.0% | •••• | Ambala, Haryana, India |
| Avadh Forge Private Limited this company | ₹14.34 Cr (FY 2024) | •••• | •••• | -3.0% | •••• | Rajkot, Gujarat, India |
| Saaskin Corporation Private Limited | ₹14.31 Cr (FY 2024) | •••• | •••• | 253.0% | •••• | Chennai, Tamil Nadu, India |
| Think Lean Prefab Systems Private Limited | ₹14.3 Cr (FY 2024) | •••• | •••• | 64.0% | •••• | Aurangabad, Maharashtra, India |
| Vishwambhar Chemicals Private Limited | ₹14.29 Cr (FY 2025) | •••• | •••• | 36.0% | •••• | Pune, Maharashtra, India |
| Mind Worm Industries Limited | ₹14.28 Cr (FY 2024) | •••• | •••• | 100.0% | •••• | New Delhi, Delhi, India |
| Sunderlal Extrusions Private Limited | ₹14.22 Cr (FY 2025) | •••• | •••• | 32.0% | •••• | Indore, Madhya Pradesh, India |
Peers are the five companies nearest above and the five nearest below Avadh Forge by revenue in the Engineering industry (Foundry and Fabrication), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Avadh Forge Private Limited
Avadh Forge Private Limited is audited by B. V. ZALAVADIA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B. V. ZALAVADIA & CO. | 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 Avadh Forge Private Limited
Avadh Forge has 4 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ramniklal Karamshibhai Makwana | Director | 29 Sep 2006 | 20 Years 0 Months | Current |
| Atulbhai Ranchhodbhai Makwana | Director | 28 Feb 2011 | 15 Years 7 Months | Current |
| Hitesh Ranchhodbhai Makwana | Director | 29 Sep 2005 | 21 Years 0 Months | Current |
| Ranjanben Ramnikbhai Makwana | Director | 30 Sep 2005 | 21 Years 0 Months | Current |
Ownership and Shareholding of Avadh Forge Private Limited
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 Avadh Forge Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Aug 2023 | Hdfc Bank Limited | ₹12.12 Lakh | Open |
| 14 Jul 2006 | Others | ₹2.84 Cr | Open |
| 12 Jun 2020 | Hdfc Bank Limited | ₹14.07 Lakh | Satisfied |
Total charge records: 3 View all charges
Legal Cases of Avadh Forge Private Limited
Avadh Forge Private Limited has 3 court cases on record: 2 filed by Avadh Forge, 1 filed against it. All cases are disposed. Status as checked between 03 Oct 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 1 | 0 |
Cases on record (2 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, RAJKOT, Gujarat | Criminal complaint | Filed by the company against Nashik Forge Private Limited | Disposed |
| District court, RAJKOT, Gujarat | Court case (AGRMNT-LC) | Filed against the company by an individual | Disposed |
Full case history
All 3 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Avadh Forge Private Limited
Employment history and EPFO contributions of people linked to Avadh 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.
Recent Activity on Avadh Forge Private Limited
Avadh Forge Private Limited has 6 board changes on record since 2005: 4 appointments and 2 cessations. The latest: Atulbhai Ranchhodbhai Makwana ceased to be Additional Director on 28 Sep 2017.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Avadh Forge Private Limited
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 Avadh Forge Private Limited
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 Avadh Forge Private Limited
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.
GST Compliance of Avadh Forge Private Limited
Avadh Forge has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCA4052L1ZS | Gujarat | Active | 01 Jul 2017 |
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.
MCA Filings & Documents of Avadh Forge Private Limited
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.
Frequently Asked Questions about Avadh Forge Private Limited
Avadh Forge is an active private limited company based in Rajkot, Gujarat, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 29 September 2005 (21+ years old) and is registered under CIN U28910GJ2005PTC046839.
Avadh Forge reported revenue of ₹14.34 Cr for FY 2024 (down 3% YoY).
Avadh Forge has 4 current directors:
- Ramniklal Karamshibhai Makwana - Director
- Atulbhai Ranchhodbhai Makwana - Director
- Hitesh Ranchhodbhai Makwana - Director
- Ranjanben Ramnikbhai Makwana - Director
Avadh Forge reported a net profit of ₹4.36 Lakh (net margin 0.3%) and EBITDA of ₹59.55 Lakh (EBITDA margin 4.2%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Avadh Forge is 25% over three years and 20% over five years. In the latest year (FY 2024) revenue fell 3%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Avadh Forge is 24AAFCA4052L1ZS, registered in Gujarat.
The CIN (Corporate Identification Number) of Avadh Forge is U28910GJ2005PTC046839. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Avadh Forge has 3 court cases on record: 2 filed by the company and 1 filed against it.
Avadh Forge was incorporated on 29 September 2005, making it 21+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Avadh Forge by revenue are Rabbon Metal-Tec Private Limited, Accutech Laser Private Limited, Abhay Induction Tech Private Limited, Highborn Flanges & Fittings (India) Private Limited, Chanderpur Renewal Power Company Private Limited and 5 more, all in the Engineering industry (Foundry and Fabrication).
Atulbhai Ranchhodbhai Makwana ceased to be Additional Director on 28 Sep 2017. Atulbhai Ranchhodbhai Makwana was appointed as Director on 28 Feb 2011. Rakesh Chhaganlal Patel ceased to be Director on 20 Feb 2010. Avadh Forge has 6 board changes on record in total.