About CHW Forge Private Limited
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CHW Forge Private Limited is a private limited company based in Ghaziabad, Uttar Pradesh, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 17 November 1970 and has been in existence for over 56 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U27310UP1970PTC057609. Its GSTIN is 09AAACC6049C1ZX (Uttar Pradesh).
The company has an authorised share capital of ₹110 Cr and a paid-up capital of ₹106.45 Cr. It was formerly known as Chaudhry Hammer Works Private Limited and Chw Forge Limited. It is led by directors including Mukul Chaudhry (Managing Director) and Sachin Chaudhry (Whole-Time Director).
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 Near Hapur Road Flyover Maliwara – 4, Ghaziabad, Uttar Pradesh, India – 201001.
As per the financials filed for FY 2025, the company reported a revenue of ₹568.18 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹29.19 Cr (net margin 5.1%) and EBITDA of ₹83.53 Cr (EBITDA margin 14.7%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 11% over five years.
The company has about 649 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: CHW Forge. As per MCA filings, the company has open charges of ₹419.41 Cr and satisfied charges of ₹513.18 Cr on record. Court records list 35 cases involving the company, including 23 filed by the company and 12 filed against it; 16 cases are pending. The company has 17 deals on record (14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹97 Lakh; the latest was in September 2022. Its 4 peer companies in the Metals and Minerals industry (Foundry and Fabrication, Steel), with the same principal business activity (metal and metal products) are compared by revenue, 2 larger and 2 smaller; the largest is Balajee Loha Private Limited with revenue of ₹570.79 Cr. The company has 47 MSME Form 1 returns on record between 2019 and 2024, listing 291 overdue payments to 49 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chwforge.com.
Company details
Name history
CHW Forge has undergone 3 name changes throughout its history. The company was previously known as Chaudhry Hammer Works Private Limited, Chw Forge Limited, and Chaudhry Hammer Works Limited. The current legal name is Chw Forge Private Limited.
| Company Name | Status |
|---|---|
| CHW Forge Private Limited | Current |
| Chaudhry Hammer Works Private Limited | Previous |
| Chw Forge Limited | Previous |
| Chaudhry Hammer Works Limited | Previous |
CIN history
CHW Forge has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U27310UP1970PTC057609, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27310UP1970PTC057609 | Current |
| U27310DL1970PTC148230 | Previous |
| U27310DL1970PLC148230 | Previous |
Contact details
CHW Forge Private Limited's registered office is in Ghaziabad, Uttar Pradesh. Its website is chwforge.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressNear Hapur Road Flyover Maliwara – 4, Ghaziabad, Uttar Pradesh, India – 201001
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of CHW Forge 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
Brands
CHW Forge operates one associated brand: CHW Forge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Forging manufacturing and supply of metal components in India. | chwforge.com |
Business activity
The main business activity of CHW Forge is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of CHW Forge Private Limited, buy the company report.
Financials of CHW Forge Private Limited
FY 2025 filings availableCHW Forge Private Limited reported revenue of ₹568.18 Cr (down 4% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 4% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 11%. EBITDA fell 2% 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 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 | ₹568.18 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹83.53 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹29.19 Cr | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.7% | ||||
| Net Profit Margin | 5.1% | ||||
| 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 CHW Forge Private Limited, buy the company report.
Board of directors of CHW Forge Private Limited
CHW Forge has 3 current directors and 11 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mukul Chaudhry | Managing Director | 24 Nov 1982 | 43 Years 11 Months | Current |
| Sachin Chaudhry | Whole-Time Director | 01 Aug 1996 | 30 Years 2 Months | Current |
| Anish Chaudhry | Whole-Time Director | 01 Aug 1993 | 33 Years 2 Months | Current |
Peer comparison
CHW Forge Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Foundry and Fabrication, Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Balajee Loha Private Limited | ₹570.79 Cr (FY 2025) | 8.0% | Raipur, Chhattisgarh, India | |||
| Shri Shyam Ispat(India) Private Limited | ₹568.86 Cr (FY 2025) | -5.0% | Raipur, Chhattisgarh, India | |||
| CHW Forge Private Limitedthis company | ₹568.18 Cr (FY 2025) | ₹29.19 Cr | 5.1% | -4.0% | 649 | Ghaziabad, Uttar Pradesh, India |
| Visa Steel Limited | ₹567.43 Cr (FY 2025) | -15.0% | Khorda, Odisha, India | |||
| Jailaxmi Casting and Alloys Private Limited | ₹565.83 Cr (FY 2025) | 1.0% | Aurangabad, Maharashtra, India |
To see the full peer comparison of CHW Forge Private Limited, buy the company report.
Auditor
CHW Forge Private Limited is audited by M/ s Ved & Company for the financial year 2025.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M/ s Ved & Company | FY 2025 | 012019N |
Shareholding
The shareholding of CHW Forge Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of CHW Forge Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Dec 2025 | 101238385 | Hdfc Bank Limited | ₹29.3 Lakh | Open | |
| 17 Aug 2024 | 100968401 | Others | ₹30 Lakh | Open | |
| 29 Apr 2024 | 100921226 | Axis Bank Limited | ₹75 Cr | Open | |
| 20 Apr 2024 | 100917944 | Hdfc Bank Limited | ₹100 Cr | Open | |
| 30 Dec 2023 | 100871787 | Hdfc Bank Limited | ₹30.36 Lakh | Open |
To see the full charge records of CHW Forge Private Limited, buy the company report.
Total charge records: 56 View all charges
Deals & funding
CHW Forge Private Limited has 17 deals on record (14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹97 Lakh; the latest was in September 2022.
Deals on record (5 of 17)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Braham Kumar & Sons HUF |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Anish Chaudhry & Sons HUF |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Feb 2009 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Indian Arts & Crafts Private Limited, Transasia Private Limited, Admirable Financial Services Private Limited |
| Mar 2008 | Funding round | ₹10.2 Lakh | Investors: Indian Arts & Crafts Private Limited, Transasia Private Limited, 2 individuals |
To see the full deal history of CHW Forge Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
CHW Forge Private Limited has 35 court cases on record: 23 filed by CHW Forge, 12 filed against it. 16 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 28 | 12 | 12 |
| High courts | 7 | 0 | 4 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, North West, Delhi | Civil suit | Filed against the company by Associated Road Carriers Ltd. | Pending |
| District court, Ghaziabad, Uttar Pradesh | Cheque dishonour complaint | Filed by the company against M/S Gastech Process Engineering (I) Pvt. Ltd.- and Others | Pending |
| District court, Ghaziabad, Uttar Pradesh | Cheque dishonour complaint | Filed by the company against M/S Gastech Process Engineering (I) Pvt. Ltd.- and Others | Disposed |
| District court, New Delhi, Delhi | Court case (Cr Cases) | Filed by the company against Yoke Engineering Outsourcing Pvt. Ltd. and 3 others | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Yoke Engineering Outsourcing Pvt. Ltd. | Disposed |
To see the full case history of CHW Forge 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.
Credit ratings & regulatory alerts
CHW Forge Private Limited was last rated by Icra on 14 Jun 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 14 Jun 2021 |
To see the full credit ratings and regulatory alerts of CHW Forge Private Limited, buy the company report.
MSME payment delays
CHW Forge Private Limited has 47 MSME Form 1 returns on record between 2019 and 2024, listing 291 overdue payments to 49 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 (5 of 49)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| JNJ Industries Private Limited | |||
| Ujwala Automation and Engineering Services Private Limited | |||
| an individual supplier | |||
| Industrial Inspection & Verification Services India Private Limited | |||
| Parbhat Heavy Forge Private Limited |
To see the full MSME payment records of CHW Forge Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
CHW Forge Private Limited has a workforce of 649 employees on its EPFO records as of Jan 09, 2026, across 1 active EPFO establishment.
GST
CHW Forge has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAACC6049C1ZX | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of CHW Forge Private Limited, buy the company report.
Recent activity
CHW Forge Private Limited has 11 board changes on record since 1982: 3 appointments and 8 cessations. The latest: Deepti ceased to be Company Secretary on 01 Aug 2022.
122 earlier events are in the company report.
Frequently asked questions
CHW Forge is an active private limited company based in Ghaziabad, Uttar Pradesh, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 17 November 1970 (56+ years old) and is registered under CIN U27310UP1970PTC057609.
CHW Forge has 3 current directors:
- Mukul Chaudhry - Managing Director
- Sachin Chaudhry - Whole-Time Director
- Anish Chaudhry - Whole-Time Director
The latest financial statements of CHW Forge on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of CHW Forge is 09AAACC6049C1ZX, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of CHW Forge is U27310UP1970PTC057609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
CHW Forge has 35 court cases on record: 23 filed by the company and 12 filed against it. 16 are pending. Most are in the district courts.
CHW Forge was incorporated on 17 November 1970, making it 56+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
CHW Forge has 17 deals on record (14 secondary share transfers, 3 funding rounds), with disclosed funding of ₹97 Lakh; the latest was in September 2022.
The peers of CHW Forge by revenue are Balajee Loha Private Limited, Shri Shyam Ispat(India) Private Limited, Visa Steel Limited, Jailaxmi Casting and Alloys Private Limited, all in the Metals and Minerals industry (Foundry and Fabrication, Steel), with the same principal business activity (metal and metal products).
Deepti ceased to be Company Secretary on 01 Aug 2022. Swatantra Kumar Sharma ceased to be Whole-Time Director on 01 Apr 2021. Anish Chaudhry ceased to be Whole-Time Director on 07 Sep 2013. CHW Forge has 11 board changes on record in total.
CHW Forge has 47 MSME Form 1 returns on record between 2019 and 2024, listing 291 overdue payments to 49 micro and small suppliers. The latest return was filed on 27 Apr 2024.
CHW Forge can be reached through the website chwforge.com. Its registered office is in Ghaziabad, Uttar Pradesh, India.