MSME (Udyam registered) Ministry of MSME
- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MP-23-0001450
Forbond Metals Private Limited
Forbond Metals Private Limited - metals and minerals in Indore, Madhya Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹5.05 Cr
▲ 37% YoY
Net profit · FY 2024
₹2.91 Lakh
Net margin 0.6%
EBITDA · FY 2024
₹34.12 Lakh
EBITDA margin 6.8%
Authorised capital
₹21 Lakh
Registered with MCA
Paid-up capital
₹21 Lakh
Issued & subscribed
Open charges
₹1.4 Cr
Secured borrowings
Company age
6 yrs
Est. 2020
Directors on board
2
As per MCA filings
About Forbond Metals Private Limited
Data last updated:
Forbond Metals Private Limited is a private limited company based in Indore, Madhya Pradesh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 26 June 2020 and has been in existence for over 6 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U28999MP2020PTC051590. Its GSTIN is 23AAECF1126D1ZE (Madhya Pradesh).
The company has an authorised share capital of ₹21 Lakh and a paid-up capital of ₹21 Lakh. It is led by directors Dheeraj Badoniya and Sumeet Baroniya.
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 292 Dwarka Puri, Indore, Madhya Pradesh, India – 452009.
As per the financials filed for FY 2024, the company reported a revenue of ₹5.05 Cr, a growth of 37% compared to the previous year. For the same year it recorded a net profit of ₹2.91 Lakh (net margin 0.6%) and EBITDA of ₹34.12 Lakh (EBITDA margin 6.8%). Revenue has grown at a compounded annual rate (CAGR) of 73% over three years.
As per MCA filings, the company has open charges of ₹1.4 Cr on record. Court records list 3 cases involving the company, including 3 filed against it; 3 cases are pending.
Forbond Metals Private Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MP-23-0001450).
Company details
CIN U28999MP2020PTC051590
Registration Number 051590
Incorporation Date 26 June 2020
ROC Gwalior
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
MSME Classification Micro
Udyam Registration UDYAM-MP-23-0001450
Recognitions & Rankings of Forbond Metals
Contact details
Forbond Metals Private Limited's registered office is in Indore, Madhya Pradesh. Its e-mail address is in the company report.
- Email
- Registered Address292 Dwarka Puri, Indore, Madhya Pradesh, India – 452009
- IndustryMetals and Minerals, Steel Manufacturing & Processing
To see the full contact details of Forbond Metals Private Limited, buy the company report.
Comprehensive company report
Forbond Metals Private Limited - one report that includes everything
- 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Forbond Metals 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 Forbond Metals Private Limited, buy the company report.
Financials of Forbond Metals Private Limited
FY 2024 filings availableForbond Metals Private Limited reported revenue of ₹5.05 Cr (up 37% YoY) for FY 2024.
Revenue · FY 2024
₹5.05 Cr ▲ 37%
Net profit · FY 2024
₹2.91 Lakh margin 0.6%
EBITDA · FY 2024
₹34.12 Lakh margin 6.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 37%
3 years · compounded
▲ 73%
EBITDA CAGR growth
1 year
▲ 91%
3 years · compounded
▲ 298%
Revenue has grown at a compounded annual rate (CAGR) of 73% over three years, including 37% growth in the latest year. EBITDA rose 91% 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 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
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| Cost of Materials Consumed | ||||
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| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | ₹34.12 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | ₹2.91 Lakh | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
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| Trade Payables | ||||
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| Cash and Bank Balance | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | 6.8% | |||
| Net Profit Margin | 0.6% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
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| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
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| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Forbond Metals Private Limited, buy the company report.
Board of directors of Forbond Metals Private Limited
Forbond Metals has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dheeraj Badoniya Also directs: Revosync IT Solutions Private Limited | Director | 26 Jun 2020 | 6 Years 4 Months | Current |
| Sumeet Baroniya | Director | 09 Aug 2021 | 5 Years 2 Months | Current |
Peer comparison
Forbond Metals Private Limited is compared with the 4 companies closest to it by revenue in the Metals and Minerals industry (Metals, 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 |
|---|---|---|---|---|---|---|
| Pssatyam Steel Industries Private Limited | ₹5.11 Cr (FY 2025) | 42.0% | Azamgarh, Uttar Pradesh, India | |||
| Vihaan Metals Private Limited | ₹5.09 Cr (FY 2025) | -19.0% | Ghaziabad, Uttar Pradesh, India | |||
| Maa Parmeshwari Alloys Private Limited | ₹5.09 Cr (FY 2024) | 143.0% | Durg, Chhattisgarh, India | |||
| Malwa Strips Private Limited | ₹5.09 Cr (FY 2024) | -9.0% | Dewas, Madhya Pradesh, India | |||
| Forbond Metals Private Limitedthis company | ₹5.05 Cr (FY 2024) | ₹2.91 Lakh | 0.6% | 37.0% | Indore, Madhya Pradesh, India |
To see the full peer comparison of Forbond Metals Private Limited, buy the company report.
Auditor
Forbond Metals Private Limited is audited by GAURAV N. ZINZUWADIYA for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GAURAV N. ZINZUWADIYA | FY 2023 | 150295 |
Shareholding
The shareholding of Forbond Metals Private Limited is on record for 3 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 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Forbond Metals Private Limited, buy the company report.
Charges & borrowings
Open charges
₹1.4 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jul 2022 | 100598532 | Bank of India | ₹1.4 Cr | Open |
To see the full charge records of Forbond Metals Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Forbond Metals Private Limited has 3 court cases on record: 3 filed against it. All cases are pending.
Total cases
3
Filed against the company
3
Pending
3
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 3 | 3 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Cheque dishonour complaint | Filed against the company by Hero Fincorp Ltd | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Cholamandalam Investment and Finance Company Ltd | Pending |
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by Clicks Capital Services Private Limited | Pending |
To see the full case history of Forbond Metals 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 Forbond Metals Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Forbond Metals Private Limited has 1 active EPFO establishment as of Apr 08, 2024.
Active EPFO establishments
1
GST
Forbond Metals has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AAECF1126D1ZE | Madhya Pradesh | Active | 14 Jul 2020 |
To see the full GST registrations and return filing status of Forbond Metals Private Limited, buy the company report.
Recent activity
Forbond Metals Private Limited has 4 board changes on record since 2020: 2 appointments and 2 cessations. The latest: Rajvi Bharatkumar Modi ceased to be Director on 28 Feb 2022.
AGM
Forbond Metals Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Forbond Metals Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Gwalior.
Charges
A charge with Bank Of India of Rs. 140.00 Lakh registered on 29 Jul 2022 with Charge ID 100598532 was modified on 18 Oct 2022.
Charges
A charge with Bank Of India amounted to Rs. 140.00 Lakh with Charge ID 100598532 was registered on 29 Jul 2022.
Ceased
Rajvi Bharatkumar Modi ceased to be Director.
Ceased
Sumeet Baroniya ceased to be Additional Director.
Appointed
Sumeet Baroniya was appointed as Director.
Appointed
Dheeraj Badoniya was appointed as Director.
Incorporation
26 Jun 2020
Forbond Metals Private Limited was registered on 26 Jun 2020 with Roc Gwalior & aged 6 years 4 months as per MCA records.
Frequently asked questions
Forbond Metals is an active private limited company based in Indore, Madhya Pradesh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 26 June 2020 (6+ years old) and is registered under CIN U28999MP2020PTC051590.
Forbond Metals has 2 current directors:
- Dheeraj Badoniya - Director
- Sumeet Baroniya - Director
The latest financial statements of Forbond Metals 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 FY 2021 are in the company report.
The GSTIN of Forbond Metals is 23AAECF1126D1ZE, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Forbond Metals is U28999MP2020PTC051590. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forbond Metals has 3 court cases on record: 3 filed against it. 3 are pending.
Forbond Metals was incorporated on 26 June 2020, making it 6+ years old. It is registered with the Registrar of Companies, Gwalior.
The peers of Forbond Metals by revenue are Pssatyam Steel Industries Private Limited, Vihaan Metals Private Limited, Maa Parmeshwari Alloys Private Limited, Malwa Strips Private Limited, all in the Metals and Minerals industry (Metals, Steel), with the same principal business activity (metal and metal products).
Rajvi Bharatkumar Modi ceased to be Director on 28 Feb 2022. Sumeet Baroniya ceased to be Additional Director on 30 Dec 2021. Sumeet Baroniya was appointed as Director on 09 Aug 2021. Forbond Metals has 4 board changes on record in total.
Yes, Forbond Metals is registered as a micro enterprise under Udyam registration (number: UDYAM-MP-23-0001450).
The registered office of Forbond Metals is at 292 Dwarka Puri, Indore, Madhya Pradesh, India – 452009.