Ceramforge Private Limited
About Ceramforge Private Limited
Data last updated:
Ceramforge Private Limited is a private limited company based in Bangalore, Karnataka, India. It operates in the musical instrument segment of the musical instruments sector. It was incorporated on 17 October 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U23939KA1994PTC016408. Its GSTIN is 29AADCA3415H1ZW (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Ashok Ganeshamal Ostawal (Managing Director) and Anuradha Ostawal.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ashray 169 Aecs Layout Rajmahal 2nd Stage 1st Main 2nd Cross Sanjaynagar, Bangalore, Karnataka, India – 560094.
As per the financials filed for FY 2024, the company reported a revenue of ₹3.4 Cr, a growth of 20% compared to the previous year. For the same year it recorded a net profit of ₹85.03 Lakh (net margin 25%) and EBITDA of ₹2.18 Cr (EBITDA margin 64.2%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 11% over five years.
As per MCA filings, the company has open charges of ₹6.93 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Ceramforge has one previous CIN (Corporate Identification Number): U14102KA1994PTC016408. The current CIN is U23939KA1994PTC016408, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23939KA1994PTC016408 | Current |
| U14102KA1994PTC016408 | Previous |
Contact details
Ceramforge Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressAshray 169 Aecs Layout Rajmahal 2nd Stage 1st Main 2nd Cross Sanjaynagar, Bangalore, Karnataka, India – 560094
- IndustryMusical Instruments, Musical Instrument, Manufacturing, Sports Goods, Jewellery
To see the full contact details of Ceramforge Private Limited, 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
Business activity
The main business activities of Ceramforge are manufacturing and administrative and support service activities. In detail, this covers other manufacturing and office administrative, office support and other business support activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 32 | Other manufacturing | |
| N | Administrative and support service activities | 82 | Office administrative, office support and other business support activities |
To see the full business activity and turnover split of Ceramforge Private Limited, buy the company report.
Financials of Ceramforge Private Limited
FY 2024 filings availableCeramforge Private Limited reported revenue of ₹3.4 Cr (up 20% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 20% growth in the latest year. EBITDA rose 114% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.18 Cr | ||||
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| Net Profit (PAT) | ₹85.03 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 64.2% | ||||
| Net Profit Margin | 25% | ||||
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To see the full financial statements and ratios of Ceramforge Private Limited, buy the company report.
Board of directors of Ceramforge Private Limited
Ceramforge has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Anuradha Ostawal | Director | 11 Apr 2008 | 18 Years 7 Months | Current |
| Ashok Ganeshamal Ostawal Also directs: Phenolite Electroheat Private Limited | Managing Director | 11 Apr 2008 | 18 Years 7 Months | Current |
Auditor
Ceramforge Private Limited is audited by B.S. PRAKASH & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B.S. PRAKASH & CO | FY 2023 | 002725S |
Shareholding
The shareholding of Ceramforge Private Limited 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 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Ceramforge Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 20 Dec 2022 | 100661423 | Axis Bank Limited | ₹1.12 Cr | Open | |
| 20 Dec 2019 | 100310839 | Yes Bank Limited | ₹1.81 Cr | Open | |
| 24 Dec 2018 | 100250291 | Others | ₹4 Cr | Open |
To see the full charge records of Ceramforge Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Ceramforge Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Execution petition | Filed against the company by an individual | Disposed |
To see the full case history of Ceramforge Private Limited, 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
No delayed payments to MSME suppliers are on our record for Ceramforge Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Ceramforge has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCA3415H1ZW | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Ceramforge Private Limited, buy the company report.
Recent activity
Ceramforge Private Limited has 6 board changes on record since 2008: 2 appointments and 4 cessations. The latest: Ashok Champalal Tilesara ceased to be Director on 30 Nov 2016.
1 earlier event is in the company report.
Frequently asked questions
Ceramforge is an active private limited company based in Bangalore, Karnataka, India. The company works in musical instrument, within the musical instruments industry. It was incorporated on 17 October 1994 (32+ years old) and is registered under CIN U23939KA1994PTC016408.
Ceramforge has 2 current directors:
- Ashok Ganeshamal Ostawal - Managing Director
- Anuradha Ostawal - Director
The latest financial statements of Ceramforge on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Ceramforge is 29AADCA3415H1ZW, registered in Karnataka.
The CIN (Corporate Identification Number) of Ceramforge is U23939KA1994PTC016408. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Ceramforge has 1 court case on record: 1 filed against it.
Ceramforge was incorporated on 17 October 1994, making it 32+ years old. It is registered with the Registrar of Companies, Bangalore.
Ashok Champalal Tilesara ceased to be Director on 30 Nov 2016. Anoop Ostawal ceased to be Additional Director on 27 Jun 2013. Ajay Kumar Gopal ceased to be Director on 22 Aug 2008. Ceramforge has 6 board changes on record in total.
The registered office of Ceramforge is at Ashray 169 Aecs Layout Rajmahal 2nd Stage 1st Main 2nd Cross Sanjaynagar, Bangalore, Karnataka, India – 560094.
Ceramforge operates in the musical instruments industry, in the musical instrument segment.
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