Force Motors Limited - Company Profile

Q: Who are the current directors of Force Motors Limited?

The current directors of Force Motors Limited are Abhaykumar Navalmal Firodia, Mukesh Mangalbhai Patel, Rohan Sampat, Sonia Prashar, Prashant Vijay Inamdar, Prasan Abhaykumar Firodia, Vallabh Roopchand Bhanshali, Rishi Luharuka.

It is a automotive public limited company based in Pune, Maharashtra, India, established in 1958.

1958 Pune, Maharashtra, India Active

Last Updated: December 22, 2025

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About Force Motors Limited

Force Motors Limited, a active public limited company, was established on 08 September 1958 in Pune, Maharashtra, India. Engaging in commercial vehicles & fleet within the manufacturing sector, it holds CIN: L34102PN1958PLC011172. Registered under ROC Roc Pune. it is listed on BSE: 500033 and NSE: FORCEMOT. It has an authorized capital of ₹20.00 Cr and a paid-up capital of ₹13.18 Cr.

Formerly known as Bajaj Tempo Pvt Ltd, Bajaj Tempo Ltd. It upholds a compliant status. In 2023, it reported revenue of ₹5,090.62 Cr and a net worth of ₹1,932.45 Cr. Employing 2,952 professional, Its leadership includes Abhaykumar Navalmal Firodia (Managing Director), Mukesh Mangalbhai Patel (Director), Sonia Prashar (Director). Past directors included Dattatray Balajirao Shekatkar, Dinesh Chhabra, Nitin Raojibhai Desai. It holds ₹1,065.00 Cr open charges and ₹2,099.70 Cr settled loans. Its latest AGM occurred on 17 September 2025, with the balance sheet filed on 31 March 2025. It is based at Mumbai Pune Road Akurdi, Pune, Maharashtra, 411035.

Company Details

CIN/LLPIN
L34102PN1958PLC011172
Registration Number
011172
Incorporation Date
08 September 1958
Authorized Capital
₹20.00 Cr
Paid-Up Capital
₹13.18 Cr
ROC Code
Roc Pune
Listing Status
Listed (BSE: 500033, NSE: FORCEMOT)
Company Status
Active

Key Metrics

Authorised Capital ₹ 20.00 Cr as on 22-12-2025
Paid Up Capital ₹ 13.18 Cr as on 22-12-2025
Company Age 67 Year, 5 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 1,065.00 Cr as on 22-12-2025
Satisfied Charges ₹ 2,099.70 Cr as on 22-12-2025
Revenue Growth **** 54.64% (FY 2023)
Profit Growth **** 303.82% (FY 2023)
Ebitda **** 393.51% (FY 2023)
Net Worth 8.14% (FY 2023)
Total Assets **** 10.02% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Force Motors Limited — 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 Force Motors Limited?

Current Directors

Name	Designation	Appointment Date	Status
Abhaykumar Navalmal Firodia	Managing Director	01 Jul 2002	Current
Mukesh Mangalbhai Patel	Director	13 Aug 2022	Current
Sonia Prashar	Director	28 Sep 2022	Current
Prashant Vijay Inamdar	Whole-Time Director	16 Jan 2015	Current
Prasan Abhaykumar Firodia	Managing Director	30 Sep 2006	Current
Vallabh Roopchand Bhanshali	Director	13 Aug 2022	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 Mar 2019	Past
Pramod Abcsdd	Additional Director	12 Apr 2009	Past
Pramod Abcsdd	Director	12 Sep 2022	Past
Pramod Abcsdd	Director	07 Aug 2014	Past
Pramod Abcsdd	Director	28 Sep 2008	Past
Pramod Abcsdd	Director	16 Jan 2015	Past

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Financial Performance of Force Motors.

Force Motors Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 54.64% increase. The company also saw a substantial improvement in profitability, with a 303.82% increase in profit. The company's net worth moved up by a moderate rise of 8.14%.

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

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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

********

54.64%

*******

Revenue from Operations

*******

55.20%

*******

Total Assets

*******

10.02%

*******

Profit or Loss

*******

303.82%

*******

Net Worth

*******

8.14%

*******

EBITDA

*******

393.51%

*******

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What is the Ownership and Shareholding Structure of Force Motors?

In 2023, Force Motors had a promoter holding of 61.63% and a public holding of 38.38%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

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

₹10,650,000,000.00

Satisfied Charges

₹20,997,022,396.56

Charges Breakdown by Lending Institutions

Hdfc Bank Limited : 510.00 Cr
Others : 285.00 Cr
State Bank Of India : 155.00 Cr
The Hongkong And Shanghai Banking Corporation Limited : 115.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
29 Jan 2024	Hdfc Bank Limited	₹300.00 Cr	Open
15 Sep 2023	State Bank Of India	₹155.00 Cr	Open
21 Jun 2023	Others	₹125.00 Cr	Open
17 Mar 2020	The Hongkong And Shanghai Banking Corporation Limited	₹115.00 Cr	Open
17 Mar 2020	Others	₹160.00 Cr	Open

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How Many Employees Work at Force Motors?

Force Motors has a workforce of 2952 employees as of Apr 05, 2024. 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

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Force Motors, 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 Force Motors's trajectory.

Rating

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

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 Force Motors

Recent Activity within the Organization

Annual General Meeting

Force Motors Limited last Annual general meeting of members was held on 17 Sep 2025 as per latest MCA records. was recorded as a recent event.
17 Sep 2025
Director Appointment

Progress on Rishi Luharuka was appointed as a Cfo was appointed as a Cfo on 04 Jul 2025 & has been associated with this company since 7 months 13 days . was documented.
04 Jul 2025
Charges

Progress on A charge registered on 16 Apr 2021 via Charge ID 100438191 with Hdfc Bank Limited was fully satisfied on 11 Jun 2025. was documented.
11 Jun 2025
Balance Sheet

Force Motors Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was recorded as a recent event.
31 Mar 2025
Charges

Progress on A charge registered on 21 Jun 2023 via Charge ID 100736527 with Others was fully satisfied on 13 Mar 2025. was documented.
13 Mar 2025
Charges

Progress on A charge registered on 12 Feb 2021 via Charge ID 100443852 with Idbi Trusteeship Services Limited was fully satisfied on 17 Feb 2025. was documented.
17 Feb 2025

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