About Devgiri Forgings Private Limited
Data last updated: 03 January 2026
Devgiri Forgings Private Limited is a private limited company based in Gangapur, Maharashtra, India. It specialises in metal foundry and fabrication services, a part of the broader engineering sector. Incorporated on 13 June 1985, the company has been in operation for over 41 years.
Registered with ROC Mumbai under CIN U28910MH1985PTC036578.
Capital: an authorised share capital of ₹3.75 Cr and a paid-up capital of ₹3.67 Cr. It is led by directors including Hatim Husain Kantawalla and Jashwantlal Chhotalal Shah.
Last AGM: 22 September 2025. Financial statements filed for year ended 31 March 2025. Office: Gut No 64 Narayanpur (Bk) 14Km Stone, Aurangabad – Pune Road Gangapur Taluka, Maharashtra, India – 431133.
As per the financials filed for FY 2025, the company reported a revenue of ₹274.36 Cr, a growth of 24% compared to the previous year.
The company has a workforce of approximately 142 employees as per the latest available data.
The company is associated with 1 brand - Maso Automotives. As per MCA filings, the company has open charges of ₹499.21 Cr and satisfied charges of ₹24.5 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website maso-group.com.
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Registered AddressGut No 64 Narayanpur (Bk) 14Km Stone, Aurangabad – Pune Road Gangapur Taluka, Maharashtra, India – 431133
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IndustryEngineering, Metal Foundry & Fabrication Services
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Associated Brands with Devgiri Forgings Private Limited
Devgiri Forgings Private Limited operates one associated brand: Maso Automotives. These brands represent Devgiri Forgings Private Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Manufactures forged components for auto, farm, and engineering sectors using advanced technology. | maso-group.com |
Competitors & Alternatives of Devgiri Forgings Private Limited
Brands and companies operating in the same space as Devgiri Forgings Private Limited include Bharat Forge, Maini Precision Products, Ramkrishna Forgings and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Bharat Forge
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Technology-enabled automotive tools, forging, and machining materials are manufactured. | Pune, India, India | 1961 |
Maini Precision Products
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Manufacturer & supplier of precision products and assemblies | Bengaluru, India, India | 1973 |
Ramkrishna Forgings
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Ramkrishna Forgings is engaged in metal forming and manufacturing. | Kolkata, India, India | 1981 |
Sertec
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Precision stamped components are manufactured and supplied to automotive OEMs. | Birmingham, United Kingdom, United Kingdom | 1962 |
Nemak
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Automotive aluminium components are manufactured and supplied to OEMs worldwide. | Villa De Garcia, Mexico, Mexico | 1979 |
Dynamatic Technologies
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Products for automotive, aeronautic, hydraulic, and security sectors are manufactured. | Bengaluru, India, India | 1973 |
Tube Investments of India
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High precision tubes are manufactured for automobiles and bicycles. | Chennai, India, India | 1949 |
Novelis
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Flat-rolled aluminum products are manufactured and supplied to OEMs. | Atlanta, United States, United States | 2005 |
Hirschvogel Automotive Group
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Provide automotive manufacturers and suppliers worldwide. | Denklingen, Germany, Germany | 1988 |
NN
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High-precision metal and plastic components are designed and manufactured. | Charlotte, United States, United States | 1980 |
Business Activity of Devgiri Forgings Private Limited
Devgiri Forgings Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including 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 for Devgiri Forgings Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Devgiri Forgings Private Limited
Devgiri Forgings Private Limited is audited by Ratan Chandak & Company for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Ratan Chandak & Company | Locked | Locked | Locked |
Complete auditor history for Devgiri Forgings Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Devgiri Forgings Private Limited
Devgiri Forgings Private Limited is currently managed by 5 directors, with 4 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Hatim Husain Kantawalla
Also directs:
Flooid Llp, Flooid Technologies Private Limited
|
Director | 01 Mar 2024 | 2 Years 4 Months | Current |
| Jashwantlal Chhotalal Shah | Director | 25 Nov 1997 | 28 Years 8 Months | Current |
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Raghuram Krishna Someshwar
Also directs:
Maso Automotives Pvt Ltd, Sree Guru Narsimha Foundation
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Director | 27 Jan 1986 | 40 Years 6 Months | Current |
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Aditi Mahesh Someshwar
Also directs:
Mascor Precisions Private Limited, Sree Guru Narsimha Foundation
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Director | 09 Oct 2015 | 10 Years 9 Months | Current |
| Mahesh Raghuram Someshwar | Director | 22 Dec 1995 | 30 Years 7 Months | Current |
Financials of Devgiri Forgings Private Limited FY 2025 filings available
Devgiri Forgings Private Limited reported revenue of ₹274.36 Cr (up 24.00% YoY) for FY 2025.
Ten-year financial statements for Devgiri Forgings Private Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Devgiri Forgings Private Limited
Shareholding and ownership data for Devgiri Forgings Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
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Charges & Borrowings of Devgiri Forgings Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Mar 2025 | Others | ₹15 Cr | Open |
| 30 Nov 2023 | Others | ₹99.5 Cr | Open |
| 01 Nov 2018 | Others | ₹26.25 Cr | Open |
| 05 Jan 2018 | Others | ₹20.8 Cr | Open |
| 05 Dec 2016 | Others | ₹11.25 Cr | Open |
Total charge records: 27 View all charges
Employees and EPFO Compliance at Devgiri Forgings Private Limited
Devgiri Forgings Private Limited has a workforce of 142 employees as of Apr 07, 2024.
Employee and EPFO history for Devgiri Forgings Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Devgiri Forgings Private Limited
GST registrations and filing compliance for Devgiri Forgings Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Devgiri Forgings Private Limited
Credit ratings, litigation, and regulatory alerts for Devgiri Forgings Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Devgiri Forgings Private Limited
MSME payment history for Devgiri Forgings Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Devgiri Forgings Private Limited
Corporate group structure for Devgiri Forgings Private Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Devgiri Forgings Private Limited
MCA filings and documents for Devgiri Forgings Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on Devgiri Forgings Private Limited
Frequently Asked Questions about Devgiri Forgings Private Limited
Devgiri Forgings Private Limited is an active private limited company in the engineering sector based in Gangapur, Maharashtra, India. It was incorporated on 13 June 1985 (41+ years old) and is registered under CIN U28910MH1985PTC036578. The company has 142 employees.
Devgiri Forgings Private Limited reported revenue of ₹274.36 Cr for FY 2025 (up 24.00% YoY).
The current directors of Devgiri Forgings Private Limited are:
- Hatim Husain Kantawalla - Director
- Jashwantlal Chhotalal Shah - Director
- Raghuram Krishna Someshwar - Director
- Aditi Mahesh Someshwar - Director
- Mahesh Raghuram Someshwar - Director
The primary industry of Devgiri Forgings Private Limited is engineering. The company specifically operates in metal foundry and fabrication services. The company is currently active in this sector.
Devgiri Forgings Private Limited can be reached at the registered office: Gut No 64 Narayanpur Bk 14Km Stone, Aurangabad – Pune Road Gangapur Taluka, Maharashtra, India – 431133, or through the website maso-group.com.
The authorised capital is ₹3.75 Cr, and the paid-up capital is ₹3.67 Cr.