MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-12-0017329
Mahadev Forge Private Limited - automotive in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹118.53 Cr
▲ 24% YoY
Net profit · FY 2025
₹4.66 Cr
Net margin 3.9%
EBITDA · FY 2025
₹10 Cr
EBITDA margin 8.4%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹4.97 Cr
Issued & subscribed
Open charges
₹28.36 Cr
Satisfied ₹58.93 Cr
Company age
19 yrs
Est. 2007
Employees · EPFO
158
Provident fund records
About Mahadev Forge Private Limited
Data last updated:
Mahadev Forge Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 12 February 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27101PB2007PTC030893. Its GSTIN is 03AAECM9534C1ZR (Punjab). The company holds 5 GST registrations, of which 4 are active.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹4.97 Cr. It is led by directors Rajesh Kumar (Whole-Time Director) and Anil Kumar Jindal (Whole-Time Director).
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Plot No. 536 / 35D / A – 4 Sua Road Near Eastman Chowk Giaspura, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2025, the company reported a revenue of ₹118.53 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹4.66 Cr (net margin 3.9%) and EBITDA of ₹10 Cr (EBITDA margin 8.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 21% over five years.
The company has about 158 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹28.36 Cr and satisfied charges of ₹58.93 Cr on record. Court records list 23 cases involving the company, including 7 filed by the company and 16 filed against it; 7 cases are pending. The company has 16 deals on record (8 secondary share transfers, 6 funding rounds, 2 rights issues), with disclosed funding of ₹5.36 Cr; the latest was in December 2022. Its 4 peer companies in the Automobiles industry (Auto Ancillary), with the same principal business activity (metal and metal products) are compared by revenue, 1 larger and 3 smaller; the largest is Umashakti Steels Private Limited with revenue of ₹119.17 Cr. The company has 12 MSME Form 1 returns on record between 2019 and 2023, listing 325 overdue payments to 51 micro and small suppliers.
Mahadev Forge Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0017329). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website shankerforge.com.
Company details
CIN U27101PB2007PTC030893
Registration Number 030893
Incorporation Date 12 February 2007
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 29 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-PB-12-0017329
Recognitions & Rankings of Mahadev Forge
Contact details
Mahadev Forge Private Limited's registered office is in Ludhiana, Punjab. Its website is shankerforge.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPlot No. 536 / 35D / A – 4 Sua Road Near Eastman Chowk Giaspura, Ludhiana, Punjab, India – 141010
- IndustryAutomotive, Auto Parts & Components
To see the full contact details of Mahadev Forge Private Limited, buy the company report.
Comprehensive company report
Mahadev 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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Business activity
The main business activity of Mahadev Forge 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 Mahadev Forge Private Limited, buy the company report.
Financials of Mahadev Forge Private Limited
FY 2025 filings availableMahadev Forge Private Limited reported revenue of ₹118.53 Cr (up 24% YoY) for FY 2025.
Revenue · FY 2025
₹118.53 Cr ▲ 24%
Net profit · FY 2025
₹4.66 Cr margin 3.9%
EBITDA · FY 2025
₹10 Cr margin 8.4%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 13%
5 years · compounded
▲ 21%
EBITDA CAGR growth
1 year
▲ 29%
3 years · compounded
▲ 14%
5 years · compounded
▲ 18%
Revenue has grown at a compounded annual rate (CAGR) of 21% over five years, including 24% growth in the latest year. EBITDA rose 29% 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 | ₹10 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.66 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 | 8.4% | ||||
| Net Profit Margin | 3.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Mahadev Forge Private Limited, buy the company report.
Board of directors of Mahadev Forge Private Limited
Mahadev Forge has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Kumar | Whole-Time Director | 12 Feb 2007 | 19 Years 8 Months | Current |
| Anil Kumar Jindal Also directs: Puneet Steels and Alloys Private Limited, Shanker Forge Pvt Ltd | Whole-Time Director | 12 Feb 2007 | 19 Years 8 Months | Current |
Peer comparison
Mahadev Forge Private Limited is compared with the 4 companies closest to it by revenue in the Automobiles industry (Auto Ancillary), 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 |
|---|---|---|---|---|---|---|
| Umashakti Steels Private Limited | ₹119.17 Cr (FY 2025) | -11.0% | New Delhi, Delhi, India | |||
| Mahadev Forge Private Limitedthis company | ₹118.53 Cr (FY 2025) | ₹4.66 Cr | 3.9% | 24.0% | 158 | Ludhiana, Punjab, India |
| Pushkar Techno Private Limited | ₹118.31 Cr (FY 2025) | 0.0% | Patna, Bihar, India | |||
| Hindon Metaforms Private Limited | ₹118.31 Cr (FY 2025) | -10.0% | Punjab, India | |||
| Pritika Engineering Components Limited | ₹117.66 Cr (FY 2025) | 34.0% | Mohali, Punjab, India |
To see the full peer comparison of Mahadev Forge Private Limited, buy the company report.
Auditor
Mahadev Forge Private Limited is audited by ARIHANT JAIN & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ARIHANT JAIN & CO. | FY 2023 | 019798N |
Shareholding
The shareholding of Mahadev Forge Private Limited 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 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahadev Forge Private Limited, buy the company report.
Charges & borrowings
Open charges
₹28.36 Cr
Satisfied charges
₹58.93 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Sep 2025 | 101161739 | Hdfc Bank Limited | ₹18.44 Lakh | Open | |
| 21 Jan 2025 | 101047702 | Hdfc Bank Limited | ₹31.35 Lakh | Open | |
| 03 Sep 2024 | 100970093 | Hdfc Bank Limited | ₹42.29 Lakh | Open | |
| 24 Nov 2023 | 100829267 | Hdfc Bank Limited | ₹12 Lakh | Open | |
| 25 Sep 2022 | 100618662 | Hdfc Bank Limited | ₹26.06 Cr | Open |
To see the full charge records of Mahadev Forge Private Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Mahadev Forge Private Limited has 16 deals on record (8 secondary share transfers, 6 funding rounds, 2 rights issues), with disclosed funding of ₹5.36 Cr; the latest was in December 2022.
Total deals
16
Secondary share transfers
8
Funding rounds
6
Rights issues
2
Disclosed funding
₹5.36 Cr
Deals on record (5 of 16)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Mar 2022 | Rights issue | ₹75.3 Lakh | Investors: an individual |
| Mar 2018 | Funding round | ₹1.38 Cr | Investors: 2 individuals |
| Mar 2009 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: Cognate Constructions Private Limited , Bindal Footwear Private Limited , Nova Bulicon Private Limited |
| Jun 2007 | Funding round | ₹1.11 Cr | Investors: Cognate Constructions Private Limited , Bindal Footwear Private Limited , 2 individuals |
To see the full deal history of Mahadev Forge Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Mahadev Forge Private Limited has 23 court cases on record: 7 filed by Mahadev Forge, 16 filed against it. 7 cases are pending and 16 are disposed.
Total cases
23
Filed by the company
7
Filed against the company
16
Pending
7
Disposed
16
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 7 | 3 |
| High courts | 9 | 9 | 4 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, HARYANA | Criminal miscellaneous application | Filed against the company by M/S Kew Precision Parts Pvt Ltd and Ors | Pending |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against Kew Precision Parts Pvt Ltd | Pending |
| High Court, HARYANA | Criminal miscellaneous application | Filed against the company by M/S Kew Precision Parts Pvt Ltd and Others | Disposed |
| District court, New Delhi, Delhi | Criminal case | Filed by the company against Kew Precision Parts Pvt. Ltd. | Disposed |
| High Court, HARYANA | Criminal miscellaneous application | Filed against the company by an individual | Pending |
To see the full case history of Mahadev 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
Mahadev Forge Private Limited has 12 MSME Form 1 returns on record between 2019 and 2023, listing 325 overdue payments to 51 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 51)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| D H Bars & Wires Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Discovery Logistics Pvt Ltd | |||
| Universal Steel & Tools Co. |
To see the full MSME payment records of Mahadev Forge Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Mahadev Forge Private Limited has a workforce of 158 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
Employee count
158
Active EPFO establishments
1
Employee growth
14.49%
GST
Mahadev Forge has 5 GST registrations: 4 active and 1 cancelled or inactive.
Total GSTINs
5
Active
4
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECM9534C1ZR | Punjab | Active | 01 Jul 2017 |
| 06AABCS8691K1ZT | Haryana | Active | 01 Jul 2017 |
| 33AABCS8691K1ZW | Tamil Nadu | Active | 24 Sep 2021 |
| 06AABCS8691K3ZR | Haryana | Active | 25 Mar 2025 |
To see the full GST registrations and return filing status of Mahadev Forge Private Limited, buy the company report.
Recent activity
Mahadev Forge Private Limited has 6 board changes on record since 2007: 2 appointments and 4 cessations. The latest: Anil Kumar Jindal ceased to be Director on 31 Dec 2020.
AGM
Mahadev Forge Private Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.18 Cr with Charge ID 101161739 was registered on 29 Sep 2025.
Charges
A charge registered on 16 Jun 2023 via Charge ID 100735723 with Others was fully satisfied on 02 Sep 2025.
Charges
A charge with Hdfc Bank Limited of Rs. 26.06 Cr registered on 25 Sep 2022 with Charge ID 100618662 was modified on 18 Jun 2025.
Filing
Mahadev Forge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Others of Rs. 2.00 Cr registered on 16 Jun 2023 with Charge ID 100735723 was modified on 17 Mar 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.31 Cr with Charge ID 101047702 was registered on 21 Jan 2025.
Charges
A charge registered on 16 Feb 2022 via Charge ID 100539133 with The South Indian Bank Limited was fully satisfied on 27 Nov 2024.
Charges
A charge registered on 29 Dec 2020 via Charge ID 100423651 with Hdfc Bank Limited was fully satisfied on 27 Nov 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.42 Cr with Charge ID 100970093 was registered on 03 Sep 2024.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 0.12 Cr with Charge ID 100829267 was registered on 24 Nov 2023.
Charges
A charge registered on 28 Apr 2021 via Charge ID 100448930 with Tata Capital Financial Services Limited was fully satisfied on 23 Oct 2023.
27 earlier events are in the company report.
Frequently asked questions
Mahadev Forge is an active private limited company based in Ludhiana, Punjab, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 12 February 2007 (19+ years old) and is registered under CIN U27101PB2007PTC030893.
Mahadev Forge has 2 current directors:
- Rajesh Kumar - Whole-Time Director
- Anil Kumar Jindal - Whole-Time Director
The latest financial statements of Mahadev Forge on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahadev Forge is 03AAECM9534C1ZR, registered in Punjab. The company has 5 GST registrations in all, of which 4 are active and 1 is cancelled or inactive. Other active GSTINs include 06AABCS8691K1ZT (Haryana), 33AABCS8691K1ZW (Tamil Nadu), 06AABCS8691K3ZR (Haryana).
The CIN (Corporate Identification Number) of Mahadev Forge is U27101PB2007PTC030893. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahadev Forge has 23 court cases on record: 7 filed by the company and 16 filed against it. 7 are pending. Most are in the district courts.
Mahadev Forge was incorporated on 12 February 2007, making it 19+ years old. It is registered with the Registrar of Companies, Chandigarh.
Mahadev Forge has 16 deals on record (8 secondary share transfers, 6 funding rounds, 2 rights issues), with disclosed funding of ₹5.36 Cr; the latest was in December 2022.
The peers of Mahadev Forge by revenue are Umashakti Steels Private Limited, Pushkar Techno Private Limited, Hindon Metaforms Private Limited, Pritika Engineering Components Limited, all in the Automobiles industry (Auto Ancillary), with the same principal business activity (metal and metal products).
Anil Kumar Jindal ceased to be Director on 31 Dec 2020. Rajesh Kumar ceased to be Director on 31 Dec 2020. Nitin Jain ceased to be Director on 01 Sep 2012. Mahadev Forge has 6 board changes on record in total.
Yes, Mahadev Forge is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0017329).
Mahadev Forge has 12 MSME Form 1 returns on record between 2019 and 2023, listing 325 overdue payments to 51 micro and small suppliers. The latest return was filed on 19 Dec 2023.