About
Basic Data Updated:
4 months agoThe manufacturing of forged and machined components is the primary activity of LGB Forge Limited. As a tier-II auto ancillary player, the company serves both domestic and export markets, with 84% of its revenues coming from the domestic market in the first nine months of FY2023. Its products cater to the PV, LCV, and tractor segments. The company operates manufacturing facilities in Coimbatore (Tamil Nadu), Pondicherry, and Mysore (Karnataka), with a production capacity of 6.0 million hot forged components and 6.5 million cold forged components. LGB Forge Limited is a subsidiary of the larger Coimbatore-based LGB Group. Its diverse product portfolio includes chains, sprockets, auto tensioners, fine-blanked components, and forged and machined components. The company was established in 2006... Read More
Industry
Company Details
- Location
Coimbatore, Tamil Nadu, India
- Website1222442
- Telephone1222442
- Email Address1222442
- Social Media1222442
Financials of Lgb Forge Limited
Lgb Forge Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 10.03% decrease. The company also saw a substantial fall in profitability, with a 370.28% decrease in profit. The company's net worth observed a substantial decline by a decrease of 23.29%.
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Corporate Structure
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People in Lgb Forge Limited
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Executive Team (3)
RV
Rajsri Vijayakumar
Managing DirectorAppointment Date: 27-Oct-2021
Status: Current
GM
Geetha Manjari CFOAppointment Date: 01-Jun-2022
Status: Current
KK
Karthikeyan Kousalya Company SecretaryAppointment Date: 29-Aug-2023
Status: Current
Board Members(8)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Tata Capital Financial Services Limited Creation Date: 08 Sep 2023 | ₹13.00 Cr | Open |
Idbi Bank Limited Creation Date: 12 Dec 2008 | ₹15.00 Cr | Open |
Axis Bank Limited Creation Date: 04 Sep 2008 | ₹7.00 Cr | Open |
Deals i
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Rating
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Alert
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Recent activity within the organization
Annual General Meeting
Lgb Forge Limited last Annual general meeting of members was held on 25 Sep 2023 as per latest MCA records.
25 Sep 2023Charges
A charge with Tata Capital Financial Services Limited amounted to Rs. 13.00 cr with Charge ID 100789774 was registered on 08 Sep 2023.
08 Sep 2023Charges
A charge registered on 18 Mar 2016 via Charge ID 100016582 with Others was fully satisfied on 24 Jun 2023.
24 Jun 2023Balance Sheet
Lgb Forge Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.
31 Mar 2023Charges
A charge with Idbi Bank Limited of Rs. 15.00 cr registered on 12 Dec 2008 with Charge ID 10134474 was modified on 15 Dec 2022.
15 Dec 2022
Frequently asked questions
What is the Incorporation or founding date of Lgb Forge Limited?
