Economic Forge Pvt Ltd - Company Profile

It is a metals and minerals private limited company based in Thane, Maharashtra, India, established in 1984.
1984 Thane, Maharashtra, India Active
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About Economic Forge Pvt Ltd

Economic Forge Pvt Ltd, a active private limited company, was established on 14 February 1984 in Thane, Maharashtra, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: U28900MH1984PTC032164. Registered under ROC Roc Mumbai Ii. it is unlisted. It has an authorized capital of ₹2.50 M and a paid-up capital of ₹2.00 M.

It upholds a compliant status. Employing 53 professional, Its leadership includes Sanjay Chowdhri (Director), Mayank Ravi Shankar Jhunjhunwala (Director), Ravi Shanker Jhunjhunwala (Director). Past directors included Omprakash Agarwal Kishanlal, Mayank Ravi Shankar Jhunjhunwala, Atma Ram Agarwal. It holds ₹4.64 Cr open charges and ₹11.99 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at R 263 Itc Indl Area Rabalevillage Thane Belapur Road, Thane, Maharashtra, 400701.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U28900MH1984PTC032164

  • Registration Number

    032164

  • Incorporation Date

    14 February 1984

  • Authorized Capital

    ₹2.50 M

  • Paid-Up Capital

    ₹2.00 M

  • ROC Code

    Roc Mumbai Ii

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.00 M
  • Company Age 42 Year, 14 Days
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 4.64 Cr
  • Satisfied Charges ₹ 11.99 Cr
  • Revenue Growth **** 24.89%
  • Profit Growth **** 50.71%
  • Ebitda **** 9.19%
  • Net Worth 12.60%
  • Total Assets **** 9.98%
Company report

Economic Forge Pvt Ltd

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Economic Forge Pvt Ltd — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Economic Forge Pvt Ltd?
Current Directors
Name Designation Appointment Date Status
Sanjay Chowdhri Director 17 Oct 1995 Current
Mayank Ravi Shankar Jhunjhunwala Director 16 Feb 2015 Current
Ravi Shanker Jhunjhunwala Director 17 Oct 1995 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 15 Nov 2019 Past
Pramod Abcsdd Additional Director 10 Sep 2015 Past
Pramod Abcsdd Director 06 Apr 2021 Past

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Financial Performance of Economic Forge.

Economic Forge Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 24.89% increase. The company also saw a substantial improvement in profitability, with a 50.71% increase in profit. The company's net worth Soared by an impressive increase of 12.6%.

Economic Forge revenue growth over time
Economic Forge profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 24.89%
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Revenue from Operations
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 25.45%
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Total Assets
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 9.98%
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Profit or Loss
*******
 50.71%
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*******
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Net Worth
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 12.60%
*******
*******
*******
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EBITDA
*******
 9.19%
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*******
*******
*******

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What is the Ownership and Shareholding Structure of Economic Forge?

In 2023, Economic Forge had a promoter holding of 66.00% and a public holding of 34.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹46,370,000.00

Satisfied Charges

₹119,885,000.00

Charges Breakdown by Lending Institutions
  • Others : 4.50 Cr
  • Bank Of Baroda : 0.12 Cr
  • The Sarawat Co-Operative Bank Ltd. : 0.01 Cr
  • Bank O F Baroda : 0.01 Cr
Latest Charge Details
Date Lender Amount Status
22 Jun 2016 Others ₹4.50 Cr Open
05 Aug 1992 Bank Of Baroda ₹0.45 M Open
02 Jan 1991 Bank Of Baroda ₹0.30 M Open
10 Jun 1989 The Sarawat Co-Operative Bank Ltd. ₹0.10 M Open
16 Oct 1986 Bank O F Baroda ₹0.07 M Open

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How Many Employees Work at Economic Forge?

Economic Forge has a workforce of 53 employees as of Sep 26, 2025. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Economic Forge, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Economic Forge's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Economic Forge
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Economic Forge Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Economic Forge Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai Ii. was documented.

  • Charges

    A charge registered on 29 Apr 2014 via Charge ID 10493030 with Dombivli Nagari Sahakari Bank Limited was fully satisfied on 23 Jun 2016. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 23 May 2011 via Charge ID 10341706 with Dombivli Nagari Sahakari Bank Limited was fully satisfied on 23 Jun 2016. was documented.

  • Charges

    A charge with Others amounted to Rs. 45.00 M with Charge ID 100035787 was registered on 22 Jun 2016. was recorded as a recent event.

  • Charges

    A charge registered on 12 May 2005 via Charge ID 90145744 with Dombvli Nagrik Sahakari Bank Ltd. was fully satisfied on 14 Jun 2016. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Economic Forge Pvt Ltd?

The CIN of Economic Forge Pvt Ltd is U28900MH1984PTC032164.

Where is Economic Forge Pvt Ltd headquartered?

Economic Forge Pvt Ltd is headquartered at R 263 Itc Indl Area Rabalevillage Thane Belapur Road, Thane, Maharashtra, 400701.

When was Economic Forge Pvt Ltd incorporated?

Economic Forge Pvt Ltd was incorporated on 14 February 1984.

Who are the current directors of Economic Forge Pvt Ltd?

The current directors of Economic Forge Pvt Ltd are

What is the primary industry of Economic Forge Pvt Ltd?

The primary industry of Economic Forge Pvt Ltd is Manufacturing.

Is Economic Forge Pvt Ltd a listed company?

Economic Forge Pvt Ltd is unlisted.

What is the capital structure of Economic Forge Pvt Ltd?

The authorized capital of Economic Forge Pvt Ltd is ₹2.50 M, and the paid-up capital is ₹2.00 M.

What is the compliance status of Economic Forge Pvt Ltd?

The compliance status of Economic Forge Pvt Ltd is Compliant.

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