Fores Elastomech India Private Limited - Company Profile

It is a automotive private limited company based in Aurangabad, Maharashtra, India, established in 2005.
2005 Aurangabad, Maharashtra, India Active
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About Fores Elastomech India Private Limited

Fores Elastomech India Private Limited, a active private limited company, was established on 22 November 2005 in Aurangabad, Maharashtra, India. Engaging in auto parts & components within the manufacturing sector, it holds CIN: U29190MH2005PTC157474. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹8.29 M.

Formerly known as Varroc Elastomers Private Limited. It upholds a compliant status. Employing 177 professional, Its leadership includes Sridevi Pothapragada (Director), Aniruddha Ramesh Kulkarni (Director), Swarnalata Pothapragada Atchutanaga (Director). Past directors included Sridevi Pothapragada, Naresh Chandra, Aniruddha Ramesh Kulkarni. It holds ₹90.93 Cr open charges and ₹27.23 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Plot No. M-191/2, Midc Industrial Area, Waluj, Aurangabad, Maharashtra, 431136.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U29190MH2005PTC157474

  • Registration Number

    157474

  • Incorporation Date

    22 November 2005

  • Authorized Capital

    ₹1.00 Cr

  • Paid-Up Capital

    ₹8.29 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 8.29 M
  • Company Age 20 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 90.93 Cr
  • Satisfied Charges ₹ 27.23 Cr
  • Revenue Growth **** 39.73%
  • Profit Growth **** 6035.13%
  • Ebitda **** 361.49%
  • Net Worth 49.25%
  • Total Assets **** 21.40%
Company report

Fores Elastomech India Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Fores Elastomech India Private 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 Fores Elastomech India Private Limited?
Current Directors
Name Designation Appointment Date Status
Sridevi Pothapragada Director 01 Sep 2018 Current
Aniruddha Ramesh Kulkarni Director 15 Dec 2023 Current
Swarnalata Pothapragada Atchutanaga Director 01 Sep 2018 Current
Janardana Swamy Pothapragada Managing Director 22 Nov 2005 Current
Srikanth Pothapragada Managing Director 30 Aug 2014 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 29 Sep 2018 Past
Pramod Abcsdd Director 16 Mar 2017 Past
Pramod Abcsdd Additional Director 29 Sep 2024 Past
Pramod Abcsdd Additional Director 29 Sep 2018 Past
Pramod Abcsdd Nominee Director 16 Mar 2017 Past
Pramod Abcsdd Director 04 Mar 2006 Past

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Financial Performance of Fores Elastomech India.

Fores Elastomech India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.73% increase. The company also saw a substantial improvement in profitability, with a 6035.13% increase in profit. The company's net worth Soared by an impressive increase of 49.25%.

Fores Elastomech India revenue growth over time
Fores Elastomech India 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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 39.73%
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Revenue from Operations
*******
 42.09%
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*******
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Total Assets
*******
 21.40%
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*******
*******
*******
Profit or Loss
*******
 6035.13%
*******
*******
*******
*******
Net Worth
*******
 49.25%
*******
*******
*******
*******
EBITDA
*******
 361.49%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Fores Elastomech India?

In 2023, Fores Elastomech India had a promoter holding of 100.00%. 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

₹909,292,000.00

Satisfied Charges

₹272,339,000.00

Charges Breakdown by Lending Institutions
  • Others : 90.18 Cr
  • The Saraswat Co-Operative Bank Ltd. : 0.75 Cr
Latest Charge Details
Date Lender Amount Status
24 Mar 2025 Others ₹3.60 Cr Open
05 Sep 2024 Others ₹9.95 Cr Open
04 Mar 2024 Others ₹7.92 Cr Open
11 Aug 2023 Others ₹2.39 Cr Open
08 Jun 2023 Others ₹6.00 Cr Open

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How Many Employees Work at Fores Elastomech India?

Fores Elastomech India has a workforce of 177 employees as of Apr 10, 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
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Fores Elastomech India, 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 Fores Elastomech India'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 Fores Elastomech India
Recent Activity within the Organization
  • Charges

    Progress on A charge with Others amounted to Rs. 3.60 Cr with Charge ID 101075422 was registered on 24 Mar 2025. was documented.

  • Annual General Meeting

    Progress on Fores Elastomech India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was documented.

  • Charges

    The activity A charge with Others amounted to Rs. 9.95 Cr with Charge ID 100981615 was registered on 05 Sep 2024. was completed.

  • Balance Sheet

    The activity Fores Elastomech India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai. was completed.

  • Charges

    The activity A charge with Others amounted to Rs. 7.92 Cr with Charge ID 100890655 was registered on 04 Mar 2024. was completed.

  • Director Appointment

    Aniruddha Ramesh Kulkarni was appointed as a Director was appointed as a Director on 15 Dec 2023 & has been associated with this company since 2 years 1 month . was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Fores Elastomech India Private Limited?

The CIN of Fores Elastomech India Private Limited is U29190MH2005PTC157474.

Where is Fores Elastomech India Private Limited headquartered?

Fores Elastomech India Private Limited is headquartered at Plot No. M-191/2, Midc Industrial Area, Waluj, Aurangabad, Maharashtra, 431136.

When was Fores Elastomech India Private Limited incorporated?

Fores Elastomech India Private Limited was incorporated on 22 November 2005.

Who are the current directors of Fores Elastomech India Private Limited?

The current directors of Fores Elastomech India Private Limited are

What is the primary industry of Fores Elastomech India Private Limited?

The primary industry of Fores Elastomech India Private Limited is Manufacturing.

Is Fores Elastomech India Private Limited a listed company?

Fores Elastomech India Private Limited is unlisted.

What is the capital structure of Fores Elastomech India Private Limited?

The authorized capital of Fores Elastomech India Private Limited is ₹1.00 Cr, and the paid-up capital is ₹8.29 M.

What is the compliance status of Fores Elastomech India Private Limited?

The compliance status of Fores Elastomech India Private Limited is Compliant.

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