MSME (Udyam registered) Ministry of MSME
- Category
- Small (2023-24)
- Udyam number
- UDYAM-HP-11-0012407
Forge India Pvt Ltd - machinery and equipment in Parwanoo, Himachal Pradesh, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹12.92 Cr
▼ 52% YoY
Net loss · FY 2025
₹2.07 Cr
Net margin -16%
EBITDA · FY 2025
-₹1.5 Cr
EBITDA margin -11.6%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹72.19 Lakh
Issued & subscribed
Open charges
₹49.63 Cr
Satisfied ₹6.04 Cr
Company age
45 yrs
Est. 1981
Employees · EPFO
28
Provident fund records
About Forge India Pvt Ltd
Data last updated:
Forge India Pvt Ltd is a private limited company based in Parwanoo, Himachal Pradesh, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 23 February 1981 and has been in existence for over 45 years.
The company is registered with the Registrar of Companies (ROC), Himachal Pradesh, under CIN U28610HP1981PTC004418. Its GSTIN is 02AAACF2805M3ZX (Himachal Pradesh). The company holds 4 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹72.19 Lakh. It is led by directors including Rajesh Kumar Bedi and Alok Sharma.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Plot No. 60 Sector 5, Parwanoo, Himachal Pradesh, India – 173220.
As per the financials filed for FY 2025, the company reported a revenue of ₹12.92 Cr, a decline of 52% compared to the previous year. For the same year it recorded a net loss of ₹2.07 Cr (net margin -16%) and EBITDA of -₹1.5 Cr (EBITDA margin -11.6%). Revenue has declined at a compounded annual rate (CAGR) of 43% over three years and 2% over five years.
The company has about 28 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Forge India. As per MCA filings, the company has open charges of ₹49.63 Cr and satisfied charges of ₹6.04 Cr on record. Court records list 44 cases involving the company, including 8 filed by the company and 36 filed against it; 5 cases are pending.
Forge India Pvt Ltd is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HP-11-0012407). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website forgeindia.com.
Company details
CIN U28610HP1981PTC004418
Registration Number 004418
Incorporation Date 23 February 1981
ROC Himachal Pradesh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HP-11-0012407
Recognitions & Rankings of Forge India
Contact details
Forge India Pvt Ltd's registered office is in Parwanoo, Himachal Pradesh. Its website is forgeindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 60 Sector 5, Parwanoo, Himachal Pradesh, India – 173220
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Forge India Pvt Ltd, buy the company report.
Comprehensive company report
Forge India Pvt Ltd - 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
Brands
Forge India operates one associated brand: Forge India. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures forged components for industrial and automotive applications. | forgeindia.com |
Business activity
The main business activity of Forge India 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 Forge India Pvt Ltd, buy the company report.
Financials of Forge India Pvt Ltd
FY 2023 filings availableForge India Pvt Ltd reported revenue of ₹12.92 Cr (down 52% YoY) for FY 2025.
Revenue · FY 2025
₹12.92 Cr ▼ 52%
Net loss · FY 2025
₹2.07 Cr margin -16%
EBITDA · FY 2025
-₹1.5 Cr margin -11.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 52%
3 years · compounded
▲ 43%
5 years · compounded
▼ 2%
EBITDA CAGR growth
1 year
▼ 135%
3 years · compounded
▲ 11%
5 years · compounded
▲ 23%
Revenue has declined at a compounded annual rate (CAGR) of 2% over five years, including a 52% fall in the latest year. EBITDA fell 135% 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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| EBITDA | -₹1.5 Cr | ||||
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| Net Profit (PAT) | -₹2.07 Cr | ||||
| Balance Sheet | |||||
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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 | -11.6% | ||||
| Net Profit Margin | -16% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Forge India Pvt Ltd, buy the company report.
Board of directors of Forge India Pvt Ltd
Forge India has 3 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 |
|---|---|---|---|---|
| Rajesh Kumar Bedi Also directs: F I Precision Components Private Limited | Director | 27 Sep 2023 | 3 Years 0 Months | Current |
| Alok Sharma | Director | 25 Jan 2006 | 20 Years 9 Months | Current |
| Aamrish Kumar Murari | Additional Director | 23 Oct 2023 | 3 Years 0 Months | Current |
Auditor
Forge India Pvt Ltd is audited by V. Gupta and Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V. Gupta and Associates | FY 2023 | 000994N |
Shareholding
The shareholding of Forge India Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | 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 India Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹49.63 Cr
Satisfied charges
₹6.04 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 May 2014 | 10496810 | Canara Bank | ₹1.5 Cr | Open | |
| 24 Jan 2014 | 10473318 | Small Industries Development Bank of India | ₹6 Cr | Open | |
| 31 Dec 2013 | 10472552 | Canara Bank | ₹1.5 Cr | Open | |
| 22 Jul 2013 | 10440832 | Small Industries Development Bank of India | ₹3 Cr | Open | |
| 23 Mar 2013 | 10422986 | Small Industries Developlment Bank of India | ₹1 Cr | Open |
To see the full charge records of Forge India Pvt Ltd, buy the company report.
Total charge records: 28 View all charges
Legal cases
Forge India Pvt Ltd has 44 court cases on record: 8 filed by Forge India, 36 filed against it. 5 cases are pending and 39 are disposed.
Total cases
44
Filed by the company
8
Filed against the company
36
Pending
5
Disposed
39
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 32 | 31 | 1 |
| High courts | 7 | 1 | 4 |
| NCLT | 5 | 4 | 0 |
Cases on record (5 of 44)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Himachal Pradesh | Court case (CARBC) | Filed by the company against Ve Commercial Vehicles Limited | Pending |
| High Court of Himachal Pradesh | Court case (CARAP) | Filed by the company against Ve Commercial Vehicles Limited | Pending |
| High Court, PUNJAB | Appeal | Filed by the company against Leader Valves Ltd. | Pending |
| District court, Mohali, Punjab | Execution petition | Filed against the company by M/S Sapphire Industrial Products Pvt Ltd | Disposed |
| District court, Mohali, Punjab | Civil suit | Filed against the company by M/S Sapphire Industrial Products Pvt Ltd | Disposed |
To see the full case history of Forge India Pvt Ltd, 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 Forge India Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Forge India Pvt Ltd has a workforce of 28 employees on its EPFO records as of Apr 09, 2024, across 2 active EPFO establishments.
Employee count
28
Active EPFO establishments
2
Employee growth
-6.67%
GST
Forge India has 4 GST registrations: 2 active and 2 cancelled or inactive.
Total GSTINs
4
Active
2
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 02AAACF2805M3ZX | Himachal Pradesh | Active | 10 Jul 2017 |
| 23AAACF2805M1ZV | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Forge India Pvt Ltd, buy the company report.
Recent activity
Forge India Pvt Ltd has 9 board changes on record since 2006: 3 appointments and 6 cessations. The latest: Aamrish Kumar Murari was appointed as Additional Director on 23 Oct 2023.
Appointed
Aamrish Kumar Murari was appointed as Additional Director.
AGM
Forge India Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Ceased
Rajesh Kumar Bedi ceased to be Additional Director.
Appointed
Rajesh Kumar Bedi was appointed as Director.
Ceased
Sunita Sharma ceased to be Director.
Filing
Forge India Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Himachal Pradesh.
Charges
A charge with Canara Bank of Rs. 2,296.55 Lakh registered on 26 Mar 2009 with Charge ID 10152493 was modified on 28 Oct 2019.
Ceased
Amitabh Sharma ceased to be Director.
Ceased
Aditya Sharda ceased to be Director.
Ceased
Rajesh Rath ceased to be Additional Director.
Ceased
Ashok Kumar Arora ceased to be Additional Director.
Charges
A charge with Canara Bank amounted to Rs. 150.00 Lakh with Charge ID 10496810 was registered on 08 May 2014.
51 earlier events are in the company report.
Frequently asked questions
Forge India is an active private limited company based in Parwanoo, Himachal Pradesh, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 23 February 1981 (45+ years old) and is registered under CIN U28610HP1981PTC004418.
Forge India has 3 current directors:
- Rajesh Kumar Bedi - Director
- Alok Sharma - Director
- Aamrish Kumar Murari - Additional Director
The latest financial statements of Forge India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Forge India is 02AAACF2805M3ZX, registered in Himachal Pradesh. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 23AAACF2805M1ZV (Madhya Pradesh).
The CIN (Corporate Identification Number) of Forge India is U28610HP1981PTC004418. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Forge India has 44 court cases on record: 8 filed by the company and 36 filed against it. 5 are pending. Most are in the district courts.
Forge India was incorporated on 23 February 1981, making it 45+ years old. It is registered with the Registrar of Companies, Himachal Pradesh.
Aamrish Kumar Murari was appointed as Additional Director on 23 Oct 2023. Rajesh Kumar Bedi ceased to be Additional Director on 29 Sep 2023. Rajesh Kumar Bedi was appointed as Director on 27 Sep 2023. Forge India has 9 board changes on record in total.
Yes, Forge India is registered as a small enterprise under Udyam registration (number: UDYAM-HP-11-0012407).
Forge India can be reached through the website forgeindia.com. Its registered office is in Parwanoo, Himachal Pradesh, India.