Blue Forgings Pvt Ltd
About Blue Forgings Pvt Ltd
Data last updated:
Blue Forgings Pvt Ltd was a private limited company based in New Delhi, Delhi, India, operated as a subsidiary of Sara Sae Private Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 30 September 1981.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U27102DL1981PTC402272. Its GSTIN is 06AAACB6789N1Z2 (Haryana).
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.17 Cr. It was led by directors Sumit Dhawan and Shruti Dhawan.
Its last annual general meeting (AGM) was held on 29 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office was at E – 30 Basement Anand Niketan, New Delhi, Delhi, India – 110021.
As per the financials filed for FY 2023, the company reported a revenue of ₹12.75 Lakh, a growth of 105% compared to the previous year. For the same year it recorded a net loss of ₹1.87 Lakh (net margin -14.7%) and EBITDA of -₹8.86 Lakh (EBITDA margin -69.5%). Revenue has declined at a compounded annual rate (CAGR) of 58% over three years and 48% over five years.
The company had about 22 employees on its provident fund (EPFO) records before it was dissolved.
As per MCA filings, the company had satisfied charges of ₹24.47 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 1 case is pending. The company has 3 deals on record (3 secondary share transfers); the latest was in September 2012. The company has 4 MSME Form 1 returns on record between 2019 and 2020, listing 28 overdue payments to 4 micro and small suppliers.
Company details
CIN history
Blue Forgings has one previous CIN (Corporate Identification Number): U27102HR1981PTC012419. The current CIN is U27102DL1981PTC402272, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27102DL1981PTC402272 | Current |
| U27102HR1981PTC012419 | Previous |
Contact details
Blue Forgings Pvt Ltd's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressE – 30 Basement Anand Niketan, New Delhi, Delhi, India – 110021
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Blue Forgings Pvt Ltd, buy the company report.
- 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
Financials of Blue Forgings Pvt Ltd
FY 2023 filings availableBlue Forgings Pvt Ltd reported revenue of ₹12.75 Lakh (up 105% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue rose 105% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 48%. 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹12.75 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹8.86 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.87 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -69.5% | ||||
| Net Profit Margin | -14.7% | ||||
| 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 | |||||
To see the full financial statements and ratios of Blue Forgings Pvt Ltd, buy the company report.
Board of directors of Blue Forgings Pvt Ltd
Blue Forgings has 2 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sumit Dhawan Also directs: Futuristik Private Limited, Sara Capital Eqipments Private Limited, Ekaasai Services Private Limited and 4 more | Director | 16 Jun 2009 | 17 Years 4 Months | As last reported |
| Shruti Dhawan Also directs: Futuristik Private Limited, Sara Capital Eqipments Private Limited, Ekaasai Services Private Limited and 4 more | Director | 17 Aug 2023 | 3 Years 2 Months | As last reported |
Auditor
Blue Forgings Pvt Ltd is audited by M. Kumar Thapa and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M. Kumar Thapa and Associates | FY 2023 | 011998C |
Shareholding
The shareholding of Blue Forgings Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Blue Forgings Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2011 | 10277894 | Syndicate Bank | ₹45 Lakh | Satisfied | |
| 31 Mar 2011 | 10277898 | Syndicate Bank | ₹97 Lakh | Satisfied | |
| 03 Jun 2010 | 10225917 | State Bank of India | ₹1.55 Cr | Satisfied | |
| 13 Aug 2003 | 80013399 | State Bank of India | ₹1.3 Cr | Satisfied | |
| 13 Aug 2003 | 80013398 | State Bank of India | ₹20.2 Cr | Satisfied |
To see the full charge records of Blue Forgings Pvt Ltd, buy the company report.
Total charge records: 5 View all charges
Deals & funding
Blue Forgings Pvt Ltd has 3 deals on record (3 secondary share transfers); the latest was in September 2012.
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: Sara Sae Private Limited , Sara Sae Private Limited & Vijay Dhawan Seller: 4 individuals |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: Involute Engineering Private Limited , an individual Seller: R.A.Mantri Gupta(Huf), Blue Stampings and Forgings Limited , 2 individuals |
| Sep 2006 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Blue Stampings and Forgings Limited , 2 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Blue Forgings Pvt Ltd has 2 court cases on record: 2 filed by Blue Forgings. 1 case is pending and 1 is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 2 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Punjab and Haryana | Writ petition | Filed by the company against State of Haryana and Another | Pending |
| High Court, HARYANA | Writ petition | Filed by the company against State of Haryana Etc | Disposed |
To see the full case history of Blue Forgings Pvt Ltd, buy the company report.
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.
MSME payment delays
Blue Forgings Pvt Ltd has 4 MSME Form 1 returns on record between 2019 and 2020, listing 28 overdue payments to 4 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (4 of 4)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Virat Special Steels Private Limited | |||
| an individual supplier | |||
| Am- Tech Engineers | |||
| an individual supplier |
To see the full MSME payment records of Blue Forgings Pvt Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Blue Forgings Pvt Ltd has a workforce of 22 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Blue Forgings has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAACB6789N1Z2 | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Blue Forgings Pvt Ltd, buy the company report.
Recent activity
Blue Forgings Pvt Ltd has 14 board changes on record since 2009: 2 appointments and 12 cessations. The latest: Shruti Dhawan was appointed as Director on 17 Aug 2023.
17 earlier events are in the company report.
Frequently asked questions
Blue Forgings has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Blue Forgings was a private limited company based in New Delhi, Delhi, India. The company worked in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 30 September 1981 and is registered under CIN U27102DL1981PTC402272. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Blue Forgings was incorporated on 30 September 1981. It is registered with the Registrar of Companies, Delhi.
Blue Forgings had 2 directors:
- Sumit Dhawan - Director
- Shruti Dhawan - Director
The CIN (Corporate Identification Number) of Blue Forgings is U27102DL1981PTC402272. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Blue Forgings is at E – 30 Basement Anand Niketan, New Delhi, Delhi, India – 110021.
The latest financial statements of Blue Forgings on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 29 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Blue Forgings is 06AAACB6789N1Z2, registered in Haryana.
Blue Forgings operated in the metals and minerals industry, in the steel manufacturing and processing segment.
Blue Forgings has 3 deals on record (3 secondary share transfers); the latest was in September 2012.
Blue Forgings has 4 MSME Form 1 returns on record between 2019 and 2020, listing 28 overdue payments to 4 micro and small suppliers. The latest return was filed on 06 May 2021.