- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-01-0016308

About Indo Metaforge Private Limited
Data last updated:
Indo Metaforge Private Limited is a private limited company based in Ahmednagar, Maharashtra, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 03 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U27106PN2005PTC020832. Its GSTIN is 27AABCI3702M1ZL (Maharashtra).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Mahesh Ramniwas Indani and Ujwala Mahesh Indani.
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 Plot No D – 14 MIDC, Ahmednagar, Maharashtra, India – 414111.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.28 Cr, a growth of 36% compared to the previous year. For the same year it recorded a net profit of ₹38.11 Lakh (net margin 1.8%) and EBITDA of ₹1.38 Cr (EBITDA margin 6.5%). Revenue has grown at a compounded annual rate (CAGR) of 26% over three years and 7% over five years.
The company has about 6 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.16 Cr and satisfied charges of ₹2.13 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Indo Metaforge Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-01-0016308). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website indometaforge.in.
Company details
Recognitions & Rankings of Indo Metaforge
Contact details
Indo Metaforge Private Limited's registered office is in Ahmednagar, Maharashtra. Its website is indometaforge.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No D – 14 MIDC, Ahmednagar, Maharashtra, India – 414111
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Indo Metaforge Private Limited, buy the company report.
- 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
Business activity
The main business activity of Indo Metaforge 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 Indo Metaforge Private Limited, buy the company report.
Financials of Indo Metaforge Private Limited
FY 2025 filings availableIndo Metaforge Private Limited reported revenue of ₹21.28 Cr (up 36% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 36% growth in the latest year. EBITDA rose 102% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹21.28 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.38 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹38.11 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.5% | ||||
| Net Profit Margin | 1.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Indo Metaforge Private Limited, buy the company report.
Board of directors of Indo Metaforge Private Limited
Indo Metaforge has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahesh Ramniwas Indani Also directs: Ideal Steels and Iron Enterprises Private Limited | Director | 03 Jun 2005 | 21 Years 5 Months | Current |
| Ujwala Mahesh Indani Also directs: Ideal Steels and Iron Enterprises Private Limited | Director | 05 Apr 2022 | 4 Years 7 Months | Current |
Peer comparison
Indo Metaforge Private Limited is compared with the 5 companies closest to it by revenue in the Manufacturing industry (Die Casting), 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 |
|---|---|---|---|---|---|---|
| Star Castings Private Limited | ₹21.51 Cr (FY 2024) | -21.0% | Ahmednagar, Maharashtra, India | |||
| M F Rings and Bearing Races Private Limited | ₹21.45 Cr (FY 2025) | -32.0% | New Delhi, Delhi, India | |||
| Suryadeep Alloy Steel Castings Private Limited | ₹21.43 Cr (FY 2025) | 17.0% | Anand, Gujarat, India | |||
| Indo Metaforge Private Limitedthis company | ₹21.28 Cr (FY 2024) | ₹38.11 Lakh | 1.8% | 36.0% | 6 | Ahmednagar, Maharashtra, India |
| Sangeetha Castings Private Limited | ₹21.17 Cr (FY 2025) | 96.0% | Coimbatore, Tamil Nadu, India | |||
| Sumuka Steels Private Limited | ₹21.07 Cr (FY 2025) | 3.0% | Shimoga, Karnataka, India |
To see the full peer comparison of Indo Metaforge Private Limited, buy the company report.
Auditor
Indo Metaforge Private Limited is audited by ABHAY BHANDARI for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHAY BHANDARI | FY 2024 | 040863 |
Shareholding
The shareholding of Indo Metaforge Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Indo Metaforge Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Aug 2026 | 101358395 | Sidbi | ₹2.31 Cr | Open | |
| 17 Jul 2026 | 101348844 | Others | ₹80 Lakh | Open | |
| 28 Jun 2025 | 101133479 | Others | ₹8.5 Cr | Open | |
| 29 Nov 2024 | 101007518 | Others | ₹29.73 Lakh | Open | |
| 26 May 2022 | 100597307 | Others | ₹25.5 Lakh | Open |
To see the full charge records of Indo Metaforge Private Limited, buy the company report.
Total charge records: 10 View all charges
Legal cases
Indo Metaforge Private Limited has 1 court case on record: 1 filed by Indo Metaforge. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmednagar, Maharashtra | Court case (Civil M.A.) | Filed by the company against Nakoda Machinary Pvt.Ltd | Disposed |
To see the full case history of Indo Metaforge 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
Indo Metaforge Private Limited has 3 MSME Form 1 returns on record between 2023 and 2024, listing 297 overdue payments to 12 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 12)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| International Electrical | |||
| an individual supplier | |||
| R.K.Press Turn Engineering | |||
| Ideal Steel & Iron Enterprises | |||
| Ahmednagar Auto & Engineering Association |
To see the full MSME payment records of Indo Metaforge Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Indo Metaforge Private Limited has a workforce of 6 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 6 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Indo Metaforge Private Limited, buy the company report.
GST
Indo Metaforge has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCI3702M1ZL | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Indo Metaforge Private Limited, buy the company report.
Recent activity
Indo Metaforge Private Limited has 3 board changes on record since 2005: 2 appointments and 1 cessation. The latest: Daulat Janku Shinde ceased to be Director on 05 Apr 2022.
11 earlier events are in the company report.
Frequently asked questions
Indo Metaforge is an active private limited company based in Ahmednagar, Maharashtra, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 03 June 2005 (21+ years old) and is registered under CIN U27106PN2005PTC020832.
Indo Metaforge has 2 current directors:
- Mahesh Ramniwas Indani - Director
- Ujwala Mahesh Indani - Director
The latest financial statements of Indo Metaforge 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 Indo Metaforge is 27AABCI3702M1ZL, registered in Maharashtra.
The CIN (Corporate Identification Number) of Indo Metaforge is U27106PN2005PTC020832. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Indo Metaforge has 1 court case on record: 1 filed by the company.
Indo Metaforge was incorporated on 03 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Pune.
The peers of Indo Metaforge by revenue are Star Castings Private Limited, M F Rings and Bearing Races Private Limited, Suryadeep Alloy Steel Castings Private Limited, Sangeetha Castings Private Limited, Sumuka Steels Private Limited, all in the Manufacturing industry (Die Casting), with the same principal business activity (metal and metal products).
Daulat Janku Shinde ceased to be Director on 05 Apr 2022. Ujwala Mahesh Indani was appointed as Director on 05 Apr 2022. Mahesh Ramniwas Indani was appointed as Director on 03 Jun 2005.
Yes, Indo Metaforge is registered as a small enterprise under Udyam registration (number: UDYAM-MH-01-0016308).
Indo Metaforge has 3 MSME Form 1 returns on record between 2023 and 2024, listing 297 overdue payments to 12 micro and small suppliers. The latest return was filed on 06 May 2024.
Indo Metaforge can be reached through the website indometaforge.in. Its registered office is in Ahmednagar, Maharashtra, India.

