MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-10-0020299
Force Appliances Private Limited - e-commerce in Aurangabad, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2021
₹12.92 Cr
▼ 65% YoY
Net loss · FY 2021
₹4.09 Cr
Net margin -31.7%
EBITDA · FY 2021
-₹23.77 Lakh
EBITDA margin -1.8%
Authorised capital
₹7.5 Cr
Registered with MCA
Paid-up capital
₹6.88 Cr
Issued & subscribed
Open charges
₹412.25 Cr
Satisfied ₹120 Cr
Company age
38 yrs
Est. 1988
Employees · EPFO
20
Provident fund records
About Force Appliances Private Limited
Data last updated:
Force Appliances Private Limited is a private limited company based in Aurangabad, Maharashtra, India. It operates in the general e-commerce platforms segment of the e-commerce sector. It was incorporated on 09 May 1988 and has been in existence for over 38 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U51900MH1988PTC047304. Its GSTIN is 27AABCP0842M1ZB (Maharashtra). The company holds 8 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7.5 Cr and a paid-up capital of ₹6.88 Cr. It was formerly known as Videocon Exports Private Limited and Pinnacle Exports Private Limited. It is led by directors Jitendra Devidasrao Ugle and Vaibhav Laxman Tanksali.
Its last annual general meeting (AGM) was held on 20 December 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Auto Cars Compound Adalat Road W.E.F. 24 – 08 – 2001, Aurangabad, Maharashtra, India – 431005.
As per the financials filed for FY 2021, the company reported a revenue of ₹12.92 Cr, a decline of 65% compared to the previous year. For the same year it recorded a net loss of ₹4.09 Cr (net margin -31.7%) and EBITDA of -₹23.77 Lakh (EBITDA margin -1.8%). Revenue has declined at a compounded annual rate (CAGR) of 17% over three years and 44% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹412.25 Cr and satisfied charges of ₹120 Cr on record. Court records list 12 cases involving the company, including 12 filed against it; 2 cases are pending.
Force Appliances Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-10-0020299). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forceappliances.com.
Company details
CIN U51900MH1988PTC047304
Registration Number 047304
Incorporation Date 09 May 1988
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 20 December 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-10-0020299
Name history
Force Appliances has undergone 2 name changes throughout its history. The company was previously known as Videocon Exports Private Limited, and Pinnacle Exports Private Limited. The current legal name is Force Appliances Private Limited.
| Company Name | Status |
|---|---|
| Force Appliances Private Limited | Current |
| Videocon Exports Private Limited | Previous |
| Pinnacle Exports Private Limited | Previous |
CIN history
Force Appliances has one previous CIN (Corporate Identification Number): U51900MH1988PLC047304. The current CIN is U51900MH1988PTC047304, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900MH1988PTC047304 | Current |
| U51900MH1988PLC047304 | Previous |
Recognitions & Rankings of Force Appliances
Contact details
Force Appliances Private Limited's registered office is in Aurangabad, Maharashtra. Its website is forceappliances.com. Its e-mail address is in the company report.
- Email
- Website
- Registered AddressAuto Cars Compound Adalat Road W.E.F. 24 – 08 – 2001, Aurangabad, Maharashtra, India – 431005
- IndustryE-Commerce, General E-Commerce Platforms
To see the full contact details of Force Appliances Private Limited, buy the company report.
Comprehensive company report
Force Appliances 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 Force Appliances is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Force Appliances Private Limited, buy the company report.
Financials of Force Appliances Private Limited
FY 2021 filings availableForce Appliances Private Limited reported revenue of ₹12.92 Cr (down 65% YoY) for FY 2021.
Revenue · FY 2021
₹12.92 Cr ▼ 65%
Net loss · FY 2021
₹4.09 Cr margin -31.7%
EBITDA · FY 2021
-₹23.77 Lakh margin -1.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 65%
3 years · compounded
▲ 17%
5 years · compounded
▼ 44%
EBITDA CAGR growth
1 year
▲ 98%
3 years · compounded
▲ 50%
5 years · compounded
▼ 16%
Revenue has declined at a compounded annual rate (CAGR) of 44% over five years, including a 65% fall in the latest year. EBITDA rose 98% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | -₹23.77 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹4.09 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -1.8% | ||||
| Net Profit Margin | -31.7% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Force Appliances Private Limited, buy the company report.
Board of directors of Force Appliances Private Limited
Force Appliances has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jitendra Devidasrao Ugle Also directs: Evolve HR Solutions Private Limited, Synergy HR Solutions Private Limited, Strides HR Solution India Private Limited and 1 more | Additional Director | 31 Oct 2018 | 7 Years 11 Months | Current |
| Vaibhav Laxman Tanksali Also directs: Waluj Components Private Limited, Electroparts (India) Private Limited, Silvereagle Realty Private Limited and 2 more | Additional Director | 18 Sep 2020 | 6 Years 1 Months | Current |
Peer comparison
Force Appliances Private Limited is compared with the 4 companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Brics India Trade Private Limited | ₹13.29 Cr (FY 2025) | -15.0% | New Delhi, Delhi, India | |||
| Cropbasket Agro Innovations Limited | ₹13.23 Cr (FY 2024) | 124.0% | Ahmedabad, Gujarat, India | |||
| Force Appliances Private Limitedthis company | ₹12.92 Cr (FY 2021) | -₹4.09 Cr | -31.7% | -65.0% | 20 | Aurangabad, Maharashtra, India |
| Europet Products Private Limited | ₹12.75 Cr (FY 2024) | 4.0% | Chennai, Tamil Nadu, India | |||
| Goingnuts Trading India Private Limited | ₹12.66 Cr (FY 2025) | 25.0% | Bangalore, Karnataka, India |
To see the full peer comparison of Force Appliances Private Limited, buy the company report.
Auditor
Force Appliances Private Limited is audited by S Z DESHMUKH & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S Z DESHMUKH & CO | FY 2019 | 102380W |
Shareholding
The shareholding of Force Appliances Private Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Force Appliances Private Limited, buy the company report.
Charges & borrowings
Open charges
₹412.25 Cr
Satisfied charges
₹120 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Dec 2017 | 100149525 | Others | ₹88 Cr | Open | |
| 10 Sep 2015 | 10603091 | Ifci Limited | ₹200 Cr | Open | |
| 23 Mar 2015 | 10561499 | Ifin Securities Finance Limited | ₹4.25 Cr | Open | |
| 10 Aug 2011 | 10302401 | Bank of Baroda | ₹120 Cr | Open | |
| 27 Dec 2004 | 80014012 | Punjab Natoinal Bank | ₹30 Cr | Satisfied |
To see the full charge records of Force Appliances Private Limited, buy the company report.
Total charge records: 6 View all charges
Legal cases
Force Appliances Private Limited has 12 court cases on record: 12 filed against it. 2 cases are pending and 10 are disposed.
Total cases
12
Filed against the company
12
Pending
2
Disposed
10
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 7 | 7 | 1 |
| High courts | 5 | 5 | 1 |
Cases on record (5 of 12)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, TELANGANA | Court case (CCCA) | Filed against the company by M/S.Drs Transport (P) Ltd | Pending |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by Century Appliances Limited Through Its Authorized Representative | Disposed |
| Bombay High Court | Writ petition | Filed against the company by Century Appliances Limited Through Resolution Professional Through Its Authorised Reprentative | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed against the company by Applicomp India Ltd | Disposed |
| District court, Aurangabad, Maharashtra | Commercial suit | Filed against the company by an individual | Pending |
To see the full case history of Force Appliances 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 Force Appliances Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Force Appliances Private Limited has a workforce of 20 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
20
Active EPFO establishments
1
Employee growth
-13.04%
GST
Force Appliances has 8 GST registrations: 1 active and 7 cancelled or inactive.
Total GSTINs
8
Active
1
Cancelled / inactive
7
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCP0842M1ZB | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Force Appliances Private Limited, buy the company report.
Recent activity
Force Appliances Private Limited has 8 board changes on record since 2007: 2 appointments and 6 cessations. The latest: Jayesh Suryakant Vagal ceased to be Additional Director on 05 May 2021.
AGM
Force Appliances Private Limited last Annual general meeting of members was held on 20 Dec 2021 as per latest MCA records.
Ceased
Jayesh Suryakant Vagal ceased to be Additional Director.
Filing
Force Appliances Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Mumbai.
Ceased
Subhash Shripad Nabar ceased to be Director.
Appointed
Vaibhav Laxman Tanksali was appointed as Additional Director.
Appointed
Jitendra Devidasrao Ugle was appointed as Additional Director.
Ceased
Yatinder Vir Singh ceased to be Director.
Ceased
Subhash Shamsunder Dayama ceased to be Director.
Charges
A charge with Others amounted to Rs. 88.00 Cr with Charge ID 100149525 was registered on 27 Dec 2017.
Charges
A charge with Ifci Limited amounted to Rs. 200.00 Cr with Charge ID 10603091 was registered on 10 Sep 2015.
Charges
A charge with Ifin Securities Finance Limited amounted to Rs. 4.25 Cr with Charge ID 10561499 was registered on 23 Mar 2015.
Charges
A charge with Bank Of Baroda amounted to Rs. 120.00 Cr with Charge ID 10302401 was registered on 10 Aug 2011.
8 earlier events are in the company report.
Frequently asked questions
Force Appliances is an active private limited company based in Aurangabad, Maharashtra, India. The company works in general e-commerce platforms, within the e-commerce industry. It was incorporated on 09 May 1988 (38+ years old) and is registered under CIN U51900MH1988PTC047304.
Force Appliances has 2 current directors:
- Jitendra Devidasrao Ugle - Additional Director
- Vaibhav Laxman Tanksali - Additional Director
The latest financial statements of Force Appliances on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 20 December 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Force Appliances is 27AABCP0842M1ZB, registered in Maharashtra. The company has 8 GST registrations in all, of which 1 is active and 7 are cancelled or inactive.
The CIN (Corporate Identification Number) of Force Appliances is U51900MH1988PTC047304. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Force Appliances has 12 court cases on record: 12 filed against it. 2 are pending. Most are in the district courts.
Force Appliances was incorporated on 09 May 1988, making it 38+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Force Appliances by revenue are Brics India Trade Private Limited, Cropbasket Agro Innovations Limited, Europet Products Private Limited, Goingnuts Trading India Private Limited, all in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (wholesale trading).
Jayesh Suryakant Vagal ceased to be Additional Director on 05 May 2021. Subhash Shripad Nabar ceased to be Director on 18 Sep 2020. Vaibhav Laxman Tanksali was appointed as Additional Director on 18 Sep 2020. Force Appliances has 8 board changes on record in total.
Yes, Force Appliances is registered as a small enterprise under Udyam registration (number: UDYAM-PB-10-0020299).
Force Appliances can be reached through the website forceappliances.com. Its registered office is in Aurangabad, Maharashtra, India.