About India Forge & Drop Stampings Limited
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India Forge & Drop Stampings Limited is a public limited company based in Chennai, Tamil Nadu, India. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 27 June 1960 and has been in existence for over 66 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U28910TN1960PTC004192. Its GSTIN is 33AAACI1593H1ZR (Tamil Nadu). The company holds 4 GST registrations, all of them active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.98 Cr. It was formerly known as National Forge & Drop Stampings Limited. It is led by directors including Samir Sood (Managing Director) and Dipak Raj Sood (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 December 2024, and its latest financial statements are for the year ended 31 March 2023. The registered office is at A1 J Industrial Area Maraimalai Nagar, Chennai, Tamil Nadu, India – 603209.
As per the financials filed for FY 2024, the company reported a revenue of ₹325.55 Cr, a growth of 23% compared to the previous year. For the same year it recorded a net profit of ₹78.62 Cr (net margin 24.2%) and EBITDA of ₹107.59 Cr (EBITDA margin 33%). Revenue has grown at a compounded annual rate (CAGR) of 31% over three years and 13% over five years.
The company has about 157 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Indiaforge. As per MCA filings, the company has open charges of ₹15.16 Cr and satisfied charges of ₹11.56 Cr on record. Court records list 23 cases involving the company, including 16 filed by the company and 7 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indiaforge.in.
Company details
CIN history
India Forge & Drop Stampings has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U28910TN1960PTC004192, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U28910TN1960PTC004192 | Current |
| U28910TN1960PLC004192 | Previous |
| L28910TN1960PLC004192 | Previous |
Contact details
India Forge & Drop Stampings Limited's registered office is in Chennai, Tamil Nadu.
- Registered AddressA1 J Industrial Area Maraimalai Nagar, Chennai, Tamil Nadu, India – 603209
- IndustryEngineering, Metal Foundry & Fabrication Services
- 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
Brands
India Forge & Drop Stampings operates one associated brand: Indiaforge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures and supplies major auto components to OEMs and Tier 1 suppliers. | indiaforge.in |
Business activity
The main business activity of India Forge & Drop Stampings is manufacturing. In detail, this covers motor vehicles, trailers, semi trailers and other transport vehicles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C11 | Motor vehicles, trailers, semi trailers and other Transport Vehicles |
To see the full business activity and turnover split of India Forge & Drop Stampings Limited, buy the company report.
Financials of India Forge & Drop Stampings Limited
FY 2023 filings availableIndia Forge & Drop Stampings Limited reported revenue of ₹325.55 Cr (up 23% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 23% growth in the latest year. EBITDA rose 564% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹107.59 Cr | ||||
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| Net Profit (PAT) | ₹78.62 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 33% | ||||
| Net Profit Margin | 24.2% | ||||
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To see the full financial statements and ratios of India Forge & Drop Stampings Limited, buy the company report.
Board of directors of India Forge & Drop Stampings Limited
India Forge & Drop Stampings has 8 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vadakkencheri Ramanathan Ramakrishnan | Director | 03 Dec 2001 | 24 Years 11 Months | Current |
| Krishnan Giridhar | Director | 14 Jun 2021 | 5 Years 4 Months | Current |
| Samir Sood | Managing Director | 27 Feb 2009 | 17 Years 8 Months | Current |
| Rupa Sood | Director | 23 May 1998 | 28 Years 5 Months | Current |
| Dipak Raj Sood | Whole-Time Director | 29 Dec 1967 | 58 Years 10 Months | Current |
| Ashvin Chadha Also directs: Anicut Capital LLP, Wingreens Farms Private Limited, Georgiadakota Foods Private Limited and 5 more | Director | 05 Dec 2023 | 2 Years 11 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Mar 2023 | 100701133 | Axis Bank Limited | ₹10 Cr | Open | |
| 03 Nov 2022 | 100656676 | Others | ₹1.16 Cr | Open | |
| 19 Mar 2018 | 100177268 | Hdfc Bank Limited | ₹4 Cr | Open | |
| 29 Aug 2017 | 100119814 | State Bank of India | ₹40 Lakh | Satisfied | |
| 27 Oct 2016 | 100212491 | Others | ₹20.93 Lakh | Satisfied |
To see the full charge records of India Forge & Drop Stampings Limited, buy the company report.
Total charge records: 20 View all charges
Legal cases
India Forge & Drop Stampings Limited has 23 court cases on record: 16 filed by India Forge & Drop Stampings, 7 filed against it. 2 cases are pending and 21 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 6 | 1 |
| High courts | 8 | 1 | 0 |
| Supreme Court | 1 | 0 | 1 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Court case (1100-Arbitration Matters : SLPs challenging Arbitration Matters) | Filed by the company against M/S Steel and Industrial Forgings Ltd. Through Its Managing Director P. C. Ravi Verma Raja Athani P.O., Trichur, , District: Trichur ,Thrissur , Kerala and 1 other | Pending |
| District court, Thrissur, Kerala | Interim or miscellaneous application | Filed against the company by M/S Steel and Industrial Forgings Ltd., Rep. by Its Managing Director | Disposed |
| District court, Visakapatnam, Andhra Pradesh | Court case (COS) | Filed against the company by Narayani Ispat Pvt Limited | Disposed |
| District court, Faridabad, Haryana | Court case (C A) | Filed by the company against Nipha Exports P Ltd | Disposed |
| High Court, HARYANA | Revision petition | Filed by the company against M/S Nipha Exports Pvt. Ltd. | Disposed |
To see the full case history of India Forge & Drop Stampings 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
India Forge & Drop Stampings Limited has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 31 overdue payments to 13 micro and small suppliers. 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 (5 of 13)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Maa Jyotirmai Enterprises | |||
| Branopac India Private Limited | |||
| Benz Packaging Solutions Private Limited | |||
| an individual supplier |
To see the full MSME payment records of India Forge & Drop Stampings Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
India Forge & Drop Stampings has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAACI1593H1ZR | Tamil Nadu | Active | 01 Jul 2017 |
| 05AAACI1593H1ZQ | Uttarakhand | Active | 01 Jul 2017 |
| 06AAACI1593H1ZO | Haryana | Active | 01 Jul 2017 |
| 27AAACI1593H1ZK | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of India Forge & Drop Stampings Limited, buy the company report.
Recent activity
India Forge & Drop Stampings Limited has 20 board changes on record since 1967: 8 appointments and 12 cessations. The latest: Binoy Pradip Somaia ceased to be Additional Director on 29 Sep 2025.
49 earlier events are in the company report.
Frequently asked questions
India Forge & Drop Stampings is an active public limited company based in Chennai, Tamil Nadu, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 27 June 1960 (66+ years old) and is registered under CIN U28910TN1960PTC004192.
India Forge & Drop Stampings has 8 current directors:
- Samir Sood - Managing Director
- Dipak Raj Sood - Whole-Time Director
- Vadakkencheri Ramanathan Ramakrishnan - Director
- Krishnan Giridhar - Director
- Rupa Sood - Director
- Ashvin Chadha - Director
- Sribalusu Prabhakara Madan Mohan - Director
- Binoy Pradip Somaia - Director
The latest financial statements of India Forge & Drop Stampings on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of India Forge & Drop Stampings is 33AAACI1593H1ZR, registered in Tamil Nadu. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 05AAACI1593H1ZQ (Uttarakhand), 06AAACI1593H1ZO (Haryana), 27AAACI1593H1ZK (Maharashtra).
The CIN (Corporate Identification Number) of India Forge & Drop Stampings is U28910TN1960PTC004192. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
India Forge & Drop Stampings has 23 court cases on record: 16 filed by the company and 7 filed against it. 2 are pending. Most are in the district courts.
India Forge & Drop Stampings was incorporated on 27 June 1960, making it 66+ years old. It is registered with the Registrar of Companies, Chennai.
Binoy Pradip Somaia ceased to be Additional Director on 29 Sep 2025. Binoy Pradip Somaia was appointed as Director on 01 Jul 2025. Vadakkencheri Ramanathan Ramakrishnan ceased to be Director on 01 Apr 2025. India Forge & Drop Stampings has 20 board changes on record in total.
India Forge & Drop Stampings has 3 MSME Form 1 returns on record for the period ending Sep 2019, listing 31 overdue payments to 13 micro and small suppliers. The latest return was filed on 19 Dec 2019.
India Forge & Drop Stampings can be reached through the website indiaforge.in. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of India Forge & Drop Stampings is at A1 J Industrial Area Maraimalai Nagar, Chennai, Tamil Nadu, India – 603209.
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