About Echjay Forging Industries Private Limited
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Echjay Forging Industries Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the real estate development and construction segment of the real estate and construction sector. It was incorporated on 25 July 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2005PTC155047. Its GSTIN is 27AABCE6478N1Z0 (Maharashtra).
The company has an authorised share capital of ₹6 Cr and a paid-up capital of ₹4.31 Cr. It is led by directors including Chintan Deepak Doshi (Whole-Time Director) and Devika Veeral Doshi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 28 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Flat No. 103/104 1st Floor Ebony Arkade Earth Kanjur Village Road Kanjur Marg (E), Mumbai, Maharashtra, India – 400042.
As per the financials filed for FY 2025, the company reported a revenue of ₹7.25 Cr, a decline of 77% compared to the previous year. For the same year it recorded a net loss of ₹11.1 Cr (net margin -153%) and EBITDA of -₹11.47 Cr (EBITDA margin -158.2%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 18% over five years.
Court records list 7 cases involving the company, including 6 filed by the company and 1 filed against it. The company has 7 deals on record (7 secondary share transfers); the latest was in March 2022. Its 5 peer companies in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property) are compared by revenue, 3 larger and 2 smaller; the largest is Karpur Constructtions Private Limited with revenue of ₹7.26 Cr. The company has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 1 micro and small supplier.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website echjaygroup.com.
Company details
CIN history
Echjay Forging Industries has one previous CIN (Corporate Identification Number): U28900MH2005PTC155047. The current CIN is U70100MH2005PTC155047, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100MH2005PTC155047 | Current |
| U28900MH2005PTC155047 | Previous |
Contact details
Echjay Forging Industries Private Limited's registered office is in Mumbai, Maharashtra. Its website is echjaygroup.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressFlat No. 103/104 1st Floor Ebony Arkade Earth Kanjur Village Road Kanjur Marg (E), Mumbai, Maharashtra, India – 400042
- IndustryReal Estate and Construction, Real Estate Builders & Developers
To see the full contact details of Echjay Forging Industries 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
Financials of Echjay Forging Industries Private Limited
FY 2024 filings availableEchjay Forging Industries Private Limited reported revenue of ₹7.25 Cr (down 77% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 18% over five years, including a 77% fall in the latest year. EBITDA fell 225% 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 |
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| EBITDA | -₹11.47 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.1 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -158.2% | ||||
| Net Profit Margin | -153% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Echjay Forging Industries Private Limited, buy the company report.
Board of directors of Echjay Forging Industries Private Limited
Echjay Forging Industries has 6 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chintan Deepak Doshi Also directs: Echjay Electronics Private Limited, Echjay Enterprises LLP | Whole-Time Director | 01 Apr 2018 | 8 Years 7 Months | Current |
| Devika Veeral Doshi | Whole-Time Director | 11 Dec 2023 | 2 Years 10 Months | Current |
| Jasmine Nagin Doshi | Whole-Time Director | 01 Dec 2020 | 5 Years 11 Months | Current |
| Dhananjay Deepak Doshi | Whole-Time Director | 01 Apr 2018 | 8 Years 7 Months | Current |
| Deepak Mansukhlal Doshi | Whole-Time Director | 25 Jul 2005 | 21 Years 3 Months | Current |
| Premal Nagin Doshi | Whole-Time Director | 01 Apr 2018 | 8 Years 7 Months | Current |
Peer comparison
Echjay Forging Industries Private Limited is compared with the 5 companies closest to it by revenue in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Karpur Constructtions Private Limited | ₹7.26 Cr (FY 2025) | 1.0% | Patna, Bihar, India | |||
| Ambizione Infrastructure Private Limited | ₹7.26 Cr (FY 2024) | 12.0% | Gulbarga, Karnataka, India | |||
| Avhad Builders and Developers Limited | ₹7.25 Cr (FY 2025) | 1.0% | Nashik, Maharashtra, India | |||
| Echjay Forging Industries Private Limitedthis company | ₹7.25 Cr (FY 2025) | -₹11.1 Cr | -153% | -77.0% | Mumbai, Maharashtra, India | |
| Leo Housing Private Limited | ₹7.25 Cr (FY 2025) | 7.0% | Chennai, Tamil Nadu, India | |||
| Greencity Infraestate Private Limited | ₹7.25 Cr (FY 2025) | -34.0% | Allahabad, Uttar Pradesh, India |
To see the full peer comparison of Echjay Forging Industries Private Limited, buy the company report.
Auditor
Echjay Forging Industries Private Limited is audited by V. J. SHAH & CO. for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. J. SHAH & CO. | FY 2022 | 109823W |
Shareholding
The shareholding of Echjay Forging Industries 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 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Echjay Forging Industries Private Limited, buy the company report.
Deals & funding
Echjay Forging Industries Private Limited has 7 deals on record (7 secondary share transfers); the latest was in March 2022.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: VND Family Trust, PND Family Trust Seller: Sarvadaman Mansukhlal Doshi & Mansukhlal Harilal Doshi Huf, 3 individuals |
| Sep 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2021 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: 2 individuals |
| Dec 2020 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: an individual |
To see the full deal history of Echjay Forging Industries 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
Echjay Forging Industries Private Limited has 7 court cases on record: 6 filed by Echjay Forging Industries, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 1 | 0 |
| NCLT | 3 | 0 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Arbitration matter | Filed by the company against Arkade Developers Pvt.Ltd. | Disposed |
| NCLT, Mumbai | Company petition | Filed by the company | Disposed |
| Bombay High Court | Writ petition | Filed by the company against an individual | Disposed |
| Bombay High Court | Court case (RP) | Filed against the company by Rajesh Estate and Nirman Ltd | Disposed |
| Bombay High Court | Court case (CSD) | Filed by the company | Disposed |
To see the full case history of Echjay Forging Industries 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
Echjay Forging Industries Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 1 micro and small supplier. 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 (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| V J Shah & Co. |
To see the full MSME payment records of Echjay Forging Industries Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Echjay Forging Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCE6478N1Z0 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Echjay Forging Industries Private Limited, buy the company report.
Recent activity
Echjay Forging Industries Private Limited has 14 board changes on record since 2005: 6 appointments and 8 cessations. The latest: Devika Veeral Doshi ceased to be Additional Director on 17 Dec 2023.
5 earlier events are in the company report.
Frequently asked questions
Echjay Forging Industries is an active private limited company based in Mumbai, Maharashtra, India. The company works in real estate builders and developers, within the real estate and construction industry. It was incorporated on 25 July 2005 (21+ years old) and is registered under CIN U70100MH2005PTC155047.
Echjay Forging Industries has 6 current directors:
- Chintan Deepak Doshi - Whole-Time Director
- Devika Veeral Doshi - Whole-Time Director
- Jasmine Nagin Doshi - Whole-Time Director
- Dhananjay Deepak Doshi - Whole-Time Director
- Deepak Mansukhlal Doshi - Whole-Time Director
- Premal Nagin Doshi - Whole-Time Director
The latest financial statements of Echjay Forging Industries on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Echjay Forging Industries is 27AABCE6478N1Z0, registered in Maharashtra.
The CIN (Corporate Identification Number) of Echjay Forging Industries is U70100MH2005PTC155047. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Echjay Forging Industries has 7 court cases on record: 6 filed by the company and 1 filed against it. Most are in the high courts.
Echjay Forging Industries was incorporated on 25 July 2005, making it 21+ years old. It is registered with the Registrar of Companies, Mumbai.
Echjay Forging Industries has 7 deals on record (7 secondary share transfers); the latest was in March 2022.
The peers of Echjay Forging Industries by revenue are Karpur Constructtions Private Limited, Ambizione Infrastructure Private Limited, Avhad Builders and Developers Limited, Leo Housing Private Limited, Greencity Infraestate Private Limited, all in the Real Estate industry (Builders and Developers), with the same principal business activity (real estate activities with own or leased property).
Devika Veeral Doshi ceased to be Additional Director on 17 Dec 2023. Devika Veeral Doshi was appointed as Whole-Time Director on 11 Dec 2023. Jasmine Nagin Doshi ceased to be Additional Director on 30 Dec 2020. Echjay Forging Industries has 14 board changes on record in total.
Echjay Forging Industries has 1 MSME Form 1 return on record for the period ending Mar 2019, listing 6 overdue payments to 1 micro and small supplier. The latest return was filed on 28 May 2019.
Echjay Forging Industries can be reached through the website echjaygroup.com. Its registered office is in Mumbai, Maharashtra, India.
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