MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0010021
Forge and Forge Private Limited - machinery and equipment in Rajkot, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹39.58 Cr
▲ 1% YoY
Net profit · FY 2025
₹10.05 Cr
Net margin 25.4%
EBITDA · FY 2025
₹14.19 Cr
EBITDA margin 35.8%
Authorised capital
₹30 Lakh
Registered with MCA
Paid-up capital
₹25 Lakh
Issued & subscribed
Open charges
₹16 Cr
Secured borrowings
Company age
52 yrs
Est. 1974
Employees · EPFO
63
Provident fund records
About Forge and Forge Private Limited
Data last updated:
Forge and Forge Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 11 June 1974 and has been in existence for over 52 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U28910GJ1974PTC002548. Its GSTIN is 24AAACF3979L1ZA (Gujarat).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹25 Lakh. It was formerly known as Forge and Forge Limited. It is led by directors including Navinchandra Mohanlal Patel (Managing Director) and Jivanlal Jadavbhai Jagani.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Ahmedabad Road, Rajkot, Gujarat, India – 360003.
As per the financials filed for FY 2025, the company reported a revenue of ₹39.58 Cr, a growth of 1% compared to the previous year. For the same year it recorded a net profit of ₹10.05 Cr (net margin 25.4%) and EBITDA of ₹14.19 Cr (EBITDA margin 35.8%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 5% over five years.
The company has about 63 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16 Cr on record. Court records list 15 cases involving the company, including 12 filed by the company and 3 filed against it; 4 cases are pending.
Forge and Forge Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0010021). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forgenforge.com.
Company details
CIN U28910GJ1974PTC002548
Registration Number 002548
Incorporation Date 11 June 1974
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-20-0010021
Key People
Navinchandra Mohanlal Patel Managing Director Jivanlal Jadavbhai Jagani Director Kirankumar Valjibhai Bhalodia Director Recognitions & Rankings of Forge and Forge
Contact details
Forge and Forge Private Limited's registered office is in Rajkot, Gujarat. Its website is forgenforge.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressAhmedabad Road, Rajkot, Gujarat, India – 360003
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Forge and Forge Private Limited, buy the company report.
Comprehensive company report
Forge and Forge 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
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Secure checkout · GST invoice included
Business activity
The main business activities of Forge and Forge are manufacturing and support service to organizations. In detail, this covers metal and metal products and other support services to organizations. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products | |
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Forge and Forge Private Limited, buy the company report.
Financials of Forge and Forge Private Limited
FY 2025 filings availableForge and Forge Private Limited reported revenue of ₹39.58 Cr (up 1% YoY) for FY 2025.
Revenue · FY 2025
₹39.58 Cr ▲ 1%
Net profit · FY 2025
₹10.05 Cr margin 25.4%
EBITDA · FY 2025
₹14.19 Cr margin 35.8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 1%
3 years · compounded
▼ 6%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 116%
3 years · compounded
▲ 14%
5 years · compounded
▲ 39%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 1% growth in the latest year. EBITDA rose 116% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
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| Revenue from Operations | |||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | ₹14.19 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹10.05 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 35.8% | ||||
| Net Profit Margin | 25.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of Forge and Forge Private Limited, buy the company report.
Board of directors of Forge and Forge Private Limited
Forge and Forge has 4 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 |
|---|---|---|---|---|
| Navinchandra Mohanlal Patel | Managing Director | 11 Jun 1974 | 52 Years 4 Months | Current |
| Jivanlal Jadavbhai Jagani | Director | 10 Dec 1976 | 49 Years 10 Months | Current |
| Kirankumar Valjibhai Bhalodia | Director | 15 Jul 2009 | 17 Years 3 Months | Current |
| Rajnikant Mohanlal Bhalodia | Director | 27 Feb 2015 | 11 Years 7 Months | Current |
Peer comparison
Forge and Forge Private Limited is compared with the 5 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), 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 |
|---|---|---|---|---|---|---|
| Sunikh Components Private Limited | ₹39.73 Cr (FY 2025) | 13.0% | Bangalore, Karnataka, India | |||
| HSN Fasteners Private Limited | ₹39.64 Cr (FY 2025) | 65.0% | Ludhiana, Punjab, India | |||
| Forge and Forge Private Limitedthis company | ₹39.58 Cr (FY 2025) | ₹10.05 Cr | 25.4% | 1.0% | 63 | Rajkot, Gujarat, India |
| Ellen Industries Private Limited | ₹39.52 Cr (FY 2024) | -19.0% | Coimbatore, Tamil Nadu, India | |||
| Venus Manufacturing Co Pvt Ltd | ₹39.49 Cr (FY 2025) | 21.0% | Faridabad, Haryana, India | |||
| Motherson Molds and Diecasting Limited | ₹39.46 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Forge and Forge Private Limited, buy the company report.
Auditor
Forge and Forge Private Limited is audited by SANGHAVI & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SANGHAVI & CO. | FY 2023 | 109099W |
Shareholding
The shareholding of Forge and Forge Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Forge and Forge Private Limited, buy the company report.
Charges & borrowings
Open charges
₹16 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2011 | 10279571 | Axis Bank Limited | ₹8 Cr | Open | |
| 31 Jan 2011 | 10269411 | Axis Bank Limited | ₹8 Cr | Open |
Total charge records: 2 View all charges
Legal cases
Forge and Forge Private Limited has 15 court cases on record: 12 filed by Forge and Forge, 3 filed against it. 4 cases are pending and 11 are disposed.
Total cases
15
Filed by the company
12
Filed against the company
3
Pending
4
Disposed
11
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 11 | 2 | 3 |
| District courts | 3 | 0 | 1 |
| Supreme Court | 1 | 1 | 0 |
Cases on record (5 of 15)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Paschim Gujarat Vij Company Limited and 1 other | Disposed |
| District court, RAJKOT, Gujarat | Civil suit | Filed by the company against R.M.C. | Disposed |
| District court, RAJKOT, Gujarat | Court case (CR A) | Filed by the company against Government of Gujarat | Pending |
| High Court, GUJARAT | Court case (TAXAP) | Filed by the company against Asst Commissioner of Income Tax | Pending |
| High Court, GUJARAT | Special civil application | Filed against the company by an individual | Pending |
To see the full case history of Forge and Forge 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
Forge and Forge Private Limited has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 8 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Carver Roboweld Limited |
To see the full MSME payment records of Forge and Forge Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Forge and Forge Private Limited has a workforce of 63 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
63
Active EPFO establishments
1
Employee growth
1.61%
GST
Forge and Forge has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACF3979L1ZA | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Forge and Forge Private Limited, buy the company report.
Recent activity
Forge and Forge Private Limited has 8 board changes on record since 1974: 6 appointments and 2 cessations. The latest: Kansagara Vinodrai Hirji ceased to be Director on 02 Aug 2019.
AGM
Forge And Forge Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Forge And Forge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Kansagara Vinodrai Hirji ceased to be Director.
Ceased
Rajeshkumar Govindlal Patel ceased to be Director.
Appointed
Rajnikant Mohanlal Bhalodia was appointed as Director.
Appointed
Rajeshkumar Govindlal Patel was appointed as Director.
Charges
A charge with Axis Bank Limited amounted to Rs. 800.00 Lakh with Charge ID 10279571 was registered on 21 Mar 2011.
Charges
A charge with Axis Bank Limited amounted to Rs. 800.00 Lakh with Charge ID 10269411 was registered on 31 Jan 2011.
Appointed
Kirankumar Valjibhai Bhalodia was appointed as Director.
Appointed
Jivanlal Jadavbhai Jagani was appointed as Director.
Appointed
Kansagara Vinodrai Hirji was appointed as Director.
Appointed
Navinchandra Mohanlal Patel was appointed as Managing Director.
1 earlier event is in the company report.
Frequently asked questions
Forge and Forge is an active private limited company based in Rajkot, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 11 June 1974 (52+ years old) and is registered under CIN U28910GJ1974PTC002548.
Forge and Forge has 4 current directors:
- Navinchandra Mohanlal Patel - Managing Director
- Jivanlal Jadavbhai Jagani - Director
- Kirankumar Valjibhai Bhalodia - Director
- Rajnikant Mohanlal Bhalodia - Director
The latest financial statements of Forge and Forge on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Forge and Forge is 24AAACF3979L1ZA, registered in Gujarat.
The CIN (Corporate Identification Number) of Forge and Forge is U28910GJ1974PTC002548. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forge and Forge has 15 court cases on record: 12 filed by the company and 3 filed against it. 4 are pending. Most are in the high courts.
Forge and Forge was incorporated on 11 June 1974, making it 52+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Forge and Forge by revenue are Sunikh Components Private Limited, HSN Fasteners Private Limited, Ellen Industries Private Limited, Venus Manufacturing Co Pvt Ltd, Motherson Molds and Diecasting Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Kansagara Vinodrai Hirji ceased to be Director on 02 Aug 2019. Rajeshkumar Govindlal Patel ceased to be Director on 12 Mar 2015. Rajnikant Mohanlal Bhalodia was appointed as Director on 27 Feb 2015. Forge and Forge has 8 board changes on record in total.
Yes, Forge and Forge is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0010021).
Forge and Forge has 1 MSME Form 1 return on record for the period ending Mar 2021, listing 8 overdue payments to 1 micro and small supplier. The latest return was filed on 13 May 2021.
Forge and Forge can be reached through the website forgenforge.com. Its registered office is in Rajkot, Gujarat, India.