Best Forgings Private Limited

Manufacturer and exporter of forged components for various industries, including automotive, engineering, and defence.

1988 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated:

Best Forgings Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 3.00 M
  • Company Age 36 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 9.08 M
  • Satisfied Charges ₹ 1.16 Cr
  • Revenue Growth 5.04%
  • Profit Growth -63.32%
  • Ebitda -49.76%
  • Net Worth 17.89%
  • Total Assets -8.91%

About Best Forgings

Best Forgings Private Limited (BFPL) is a Private Limited Indian Non-Government Company incorporated in India on 02 December 1988 and has a history of 36 years and six months. Its registered office is in Tiruvallur, Tamil Nadu, 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 2024. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹9.08 M. The company has closed loans amounting to ₹1.16 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ganesh Iyamperumal, Thilaga Iyamperumal, and Niraja Ganesh serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U28910TN1988PTC016562

  • Company No.

    016562

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Dec 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment
Company report

Best Forgings Private Limited

Explore comprehensive data for Best Forgings Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (3)

NameDesignationAppointment DateStatus
Ganesh Iyamperumal Country flag representing In Director 01-Jun-2009Current
Thilaga Iyamperumal Country flag representing In Director 22-Jul-2011Current
Niraja Ganesh Country flag representing In Director 22-Jul-2011Current

Financial Performance of Best Forgings.

Best Forgings Private Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 5.04% increase. The company also saw a substantial fall in profitability, with a 63.32% decrease in profit. The company's net worth Soared by an impressive increase of 17.89%.

Best Forgings revenue growth over time
Best 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
5.04%
Revenue from Operations
5.04%
Total Assets
-8.91%
Profit or Loss
-63.32%
Net Worth
17.89%
EBITDA
-49.76%

What is the Ownership and Shareholding Structure of Best Forgings?

In 2021, Best Forgings had a public holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.08 M

Satisfied Charges

₹11.62 M

Charges Breakdown by Lending Institutions

  • Indian Bank : 0.90 Cr
  • The Tamilnadu Industrial Investment Corp. Ltd. : 0.01 Cr

Latest Charge Details

DateLenderAmountStatus
01 Dec 2009Indian Bank₹9.00 MOpen
28 Nov 1996The Tamilnadu Industrial Investment Corp. Ltd.₹0.08 MOpen
16 Sep 2008Canara Bank₹5.50 MSatisfied
06 Apr 2005State Bank Of India₹6.12 MSatisfied

How Many Employees Work at Best Forgings?

Best Forgings has a workforce of 0 employees as of Apr 08, 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 Best Forgings Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Best 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 Best 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 Best Forgings

Recent activity within the organization

  • Annual General Meeting

    Best Forgings Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Best Forgings Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

  • Director Appointment

    Thilaga Iyamperumal was appointed as a Director was appointed as a Director on 22 Jul 2011 & has been associated with this company since 13 years 10 months .

  • Director Appointment

    Niraja Ganesh was appointed as a Director was appointed as a Director on 22 Jul 2011 & has been associated with this company since 13 years 10 months .

  • Charges

    A charge registered on 16 Sep 2008 via Charge ID 10137631 with Canara Bank was fully satisfied on 21 Jan 2010.

  • Charges

    A charge with Indian Bank amounted to Rs. 9.00 M with Charge ID 10196693 was registered on 01 Dec 2009.

Frequently asked questions

  • What is the Incorporation or founding date of Best Forgings Private Limited?

    Best Forgings Private Limited was incorporated on 02 Dec 1988.

  • What is authorized share capital and paid-up capital of Best Forgings Private Limited?

    The authorized share capital of Best Forgings Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.

  • Who are the current board members & directors of Best Forgings Private Limited?

    Currently 3 directors are associated with Best Forgings Private Limited.

    • Ganesh Iyamperumal
    • Thilaga Iyamperumal
    • Niraja Ganesh

  • What is the registered address of Best Forgings Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Best Forgings Private Limited is K-33-Industrial Estateambathur India, Chennai-58, Tamil Nadu, 600058.

  • What is the corporate identification number (CIN) and company number of Best Forgings Private Limited?

    The corporate identification number (CIN) of Best Forgings Private Limited is U28910TN1988PTC016562 and the company number is 016562 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Best Forgings Private Limited?

    The Official website of Best Forgings Private Limited is https://www.bestforge.in

  • What has been the recent revenue trend for Best Forgings Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Best Forgings Private Limited has risen by 5.04%.

  • What change has been observed in the net worth of Best Forgings Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Best Forgings Private Limited has experienced an upsurge of 17.89%.

  • What are the total open charges for Best Forgings Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Best Forgings Private Limited amount to ₹ 9.08 M.

  • When was the last Balance Sheet of Best Forgings Private Limited filed with the ROC?

    The most recent Balance Sheet for Best Forgings Private Limited was filed with the ROC on 31 Mar 2024.

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