- Category
- Medium (2024-25)
- Udyam number
- UDYAM-PB-12-0020424

About Mitra Precise Forge Private Limited
Data last updated:
Mitra Precise Forge Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 29 June 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U28900PB2005PTC028607. Its GSTIN is 03AAECM3040K1ZT (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹1.5 Cr and a paid-up capital of ₹1.46 Cr. It is led by directors including Dheeraj Mahajan and Namit Mahajan.
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 Village Kanganwal Jaspal Bangar Road Industrial Area – C, Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2024, the company reported a revenue of ₹87.97 Cr, a growth of 15% compared to the previous year. For the same year it recorded a net profit of ₹93.38 Lakh (net margin 1.1%) and EBITDA of ₹4.37 Cr (EBITDA margin 5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 10% over five years.
The company has about 143 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹22.9 Cr and satisfied charges of ₹22.5 Cr on record. Court records list 20 cases involving the company, including 16 filed by the company and 4 filed against it; 6 cases are pending.
Mitra Precise Forge Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0020424). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mitraprecisionfasteners.com.
Company details
Recognitions & Rankings of Mitra Precise Forge
Contact details
Mitra Precise Forge Private Limited's registered office is in Ludhiana, Punjab. Its website is mitraprecisionfasteners.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressVillage Kanganwal Jaspal Bangar Road Industrial Area – C, Ludhiana, Punjab, India – 141010
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of Mitra Precise Forge 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 Mitra Precise Forge is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Mitra Precise Forge Private Limited, buy the company report.
Financials of Mitra Precise Forge Private Limited
FY 2025 filings availableMitra Precise Forge Private Limited reported revenue of ₹87.97 Cr (up 15% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 10% over five years, including 15% growth in the latest year. EBITDA rose 11% 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 | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹4.37 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹93.38 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5% | ||||
| Net Profit Margin | 1.1% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| 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 Mitra Precise Forge Private Limited, buy the company report.
Board of directors of Mitra Precise Forge Private Limited
Mitra Precise Forge has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dheeraj Mahajan Also directs: Mitra Badshah Biocoal Private Limited | Director | 29 Jun 2005 | 21 Years 3 Months | Current |
| Namit Mahajan | Director | 01 Jun 2018 | 8 Years 4 Months | Current |
| Kanika Mahajan Also directs: Black Sparrow Clothing Private Limited | Additional Director | 20 Dec 2024 | 1 Years 10 Months | Current |
| Munish Gupta Also directs: E2s Developers LLP, Black Sparrow Clothing Private Limited | Director | 29 Jun 2005 | 21 Years 3 Months | Current |
| Akshay Mahajan Also directs: Mitra Badshah Biocoal Private Limited | Director | 25 Feb 2007 | 19 Years 8 Months | Current |
Auditor
Mitra Precise Forge Private Limited is audited by VINOD AMRIT & CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINOD AMRIT & CO. | FY 2023 | 017706N |
Shareholding
The shareholding of Mitra Precise 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 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 Mitra Precise Forge Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2025 | 101113819 | Others | ₹1.2 Cr | Open | |
| 07 Mar 2025 | 101084448 | Hdfc Bank Limited | ₹25 Lakh | Open | |
| 30 Dec 2023 | 100886226 | Yes Bank Limited | ₹5 Cr | Open | |
| 22 Apr 2022 | 100577884 | Hdfc Bank Limited | ₹16 Cr | Open | |
| 04 Mar 2022 | 100562283 | Hdfc Bank Limited | ₹19.98 Lakh | Open |
To see the full charge records of Mitra Precise Forge Private Limited, buy the company report.
Total charge records: 14 View all charges
Legal cases
Mitra Precise Forge Private Limited has 20 court cases on record: 16 filed by Mitra Precise Forge, 4 filed against it. 6 cases are pending and 14 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 19 | 3 | 5 |
| High courts | 1 | 1 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Badshah Bio Coal Pvt Ltd and 2 others | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against M/S Paridhi Engineers LLP and 2 others | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against M/S Passive Infra Projects Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Civil suit | Filed by the company against Himalaya Engineering Works Pvt Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against Nuevosol Energy Pvt Ltd | Disposed |
To see the full case history of Mitra Precise 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
No delayed payments to MSME suppliers are on our record for Mitra Precise Forge Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Mitra Precise Forge Private Limited has a workforce of 143 employees on its EPFO records as of Mar 30, 2024, across 1 active EPFO establishment.
GST
Mitra Precise Forge has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAECM3040K1ZT | Punjab | Active | 01 Jul 2017 |
| 27AAECM3040K1ZJ | Maharashtra | Active | 18 Mar 2021 |
To see the full GST registrations and return filing status of Mitra Precise Forge Private Limited, buy the company report.
Recent activity
Mitra Precise Forge Private Limited has 7 board changes on record since 2005: 5 appointments and 2 cessations. The latest: Kanika Mahajan was appointed as Additional Director on 20 Dec 2024.
21 earlier events are in the company report.
Frequently asked questions
Mitra Precise Forge is an active private limited company based in Ludhiana, Punjab, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 29 June 2005 (21+ years old) and is registered under CIN U28900PB2005PTC028607.
Mitra Precise Forge has 5 current directors:
- Dheeraj Mahajan - Director
- Namit Mahajan - Director
- Kanika Mahajan - Additional Director
- Munish Gupta - Director
- Akshay Mahajan - Director
The latest financial statements of Mitra Precise Forge 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 Mitra Precise Forge is 03AAECM3040K1ZT, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 27AAECM3040K1ZJ (Maharashtra).
The CIN (Corporate Identification Number) of Mitra Precise Forge is U28900PB2005PTC028607. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mitra Precise Forge has 20 court cases on record: 16 filed by the company and 4 filed against it. 6 are pending. Most are in the district courts.
Mitra Precise Forge was incorporated on 29 June 2005, making it 21+ years old. It is registered with the Registrar of Companies, Chandigarh.
Kanika Mahajan was appointed as Additional Director on 20 Dec 2024. Kanika Mahajan ceased to be Director on 25 Nov 2024. Mohani Gupta ceased to be Director on 12 Dec 2022. Mitra Precise Forge has 7 board changes on record in total.
Yes, Mitra Precise Forge is registered as a medium enterprise under Udyam registration (number: UDYAM-PB-12-0020424).
Mitra Precise Forge can be reached through the website mitraprecisionfasteners.com. Its registered office is in Ludhiana, Punjab, India.