BCL Forgings Ltd
About BCL Forgings Ltd
Data last updated:
BCL Forgings Ltd is a public limited company based in Mumbai, Maharashtra, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the manufacturing segment of the metals and mining sector. It was incorporated on 06 May 1967.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L27200MH1967PLC013737. It is recorded as listed by MCA, but its shares were delisted from BSE on 05 Mar 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹30 Cr and a paid-up capital of ₹16.17 Cr. It is led by directors including Chandrashekhar Dattatraya Dhongde (Managing Director) and Sanjay Vitthalrao Gaikwad.
Its last annual general meeting (AGM) was held on 27 September 2010, and its latest financial statements are for the year ended 31 March 2010. The registered office is at Bombay Footwear Bldgdeonar Village Road Opp N K G S B Bank Deonar, Mumbai, Maharashtra, India – 400088.
As per the financials filed for FY 2011, the company reported a revenue of ₹33.53 Cr, a decline of 18% compared to the previous year.
As per MCA filings, the company has open charges of ₹43.15 Cr on record. Court records list 58 cases involving the company, including 14 filed by the company and 44 filed against it; 3 cases are pending. The company has 4 deals on record (4 market trades); the latest was in November 2010.
Company details
Contact details
BCL Forgings Ltd's registered office is in Mumbai, Maharashtra.
- Registered AddressBombay Footwear Bldgdeonar Village Road Opp N K G S B Bank Deonar, Mumbai, Maharashtra, India – 400088
- IndustryMetal & Minerals, Manufacturing, Precious and Non-Ferrous Metal
- 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
Financials of BCL Forgings Ltd
FY 2010 filings availableBCL Forgings Ltd reported revenue of ₹33.53 Cr (down 18% YoY) for FY 2011.
Compounded Annual Growth Rate (CAGR)
Revenue fell 18% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
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Financial Ratios
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To see the full financial statements and ratios of BCL Forgings Ltd, buy the company report.
Board of directors of BCL Forgings Ltd
BCL Forgings has 7 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chandrashekhar Dattatraya Dhongde | Managing Director | 01 Dec 1998 | 27 Years 10 Months | As last reported |
| Amish Kantilal Patel Also directs: Wellfort Pharmaceuticals Private Limited | Additional Director | 13 Aug 2011 | 15 Years 2 Months | As last reported |
| Nanasaheb Ekanath Narwade | Additional Director | 13 Aug 2011 | 15 Years 2 Months | As last reported |
| Sanjay Vitthalrao Gaikwad Also directs: Comp-Act Consultancy Services Private Limited | Director | 27 Oct 2008 | 17 Years 11 Months | As last reported |
| Surendra Balkrishna Chandorkar Also directs: Ina Tooling Technique Private Limited | Director | 02 Feb 1990 | 36 Years 8 Months | As last reported |
| Dhirajlal Chunilal Mehta | Director | 22 Sep 1975 | 51 Years 1 Months | As last reported |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Apr 2007 | 10053729 | Canbank Factors Ltd | ₹2 Cr | Open | |
| 15 Sep 2005 | 90231236 | State Bank of India | ₹41.15 Cr | Open |
To see the full charge records of BCL Forgings Ltd, buy the company report.
Total charge records: 2 View all charges
Deals & funding
BCL Forgings Ltd has 4 deals on record (4 market trades); the latest was in November 2010.
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2010 | Market trade | ₹18 Lakh | Seller: an individual |
| Nov 2010 | Market trade | ₹13.4 Lakh | Seller: an individual |
| Dec 2008 | Market trade | ₹1.51 Cr | Buyer: Elegant Share Broking Private Limited , Salasar Stock Broking Limited Seller: an individual |
| Feb 2008 | Market trade | ₹1.6 Lakh | Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
BCL Forgings Ltd has 58 court cases on record: 14 filed by BCL Forgings, 44 filed against it. 3 cases are pending and 55 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 43 | 32 | 3 |
| High courts | 12 | 11 | 0 |
| Supreme Court | 3 | 1 | 0 |
Cases on record (5 of 58)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Company petition | Filed against the company by DMK Petrotraders and Carrier Pvt. Ltd. | Disposed |
| District court, Pune, Maharashtra | Civil suit | Filed against the company by Ismt Ltd., | Disposed |
| District court, Pune, Maharashtra | Criminal miscellaneous application | Filed against the company by Ismt Ltd. | Disposed |
| District court, BENGALURU, Karnataka | Criminal case | Filed against the company by Indicarb Ltd. | Disposed |
| District court, Nashik, Maharashtra | Court case (R.C.A.) | Filed against the company by an individual | Pending |
To see the full case history of BCL Forgings Ltd, 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 BCL Forgings Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for BCL Forgings Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
BCL Forgings Ltd has 13 board changes on record since 1975: 10 appointments and 3 cessations. The latest: Amish Kantilal Patel was appointed as Additional Director on 13 Aug 2011.
7 earlier events are in the company report.
Frequently asked questions
BCL Forgings is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
BCL Forgings is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in manufacturing, within the metal and minerals industry. It was incorporated on 06 May 1967 and is registered under CIN L27200MH1967PLC013737. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
BCL Forgings has 7 current directors:
- Chandrashekhar Dattatraya Dhongde - Managing Director
- Amish Kantilal Patel - Additional Director
- Nanasaheb Ekanath Narwade - Additional Director
- Sanjay Vitthalrao Gaikwad - Director
- Surendra Balkrishna Chandorkar - Director
- Dhirajlal Chunilal Mehta - Director
- Rajeev Sharadchandra Raje - Director
The latest financial statements of BCL Forgings on record with the MCA are for the year ended 31 March 2010. Its last annual general meeting was held on 27 September 2010. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of BCL Forgings is L27200MH1967PLC013737. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
BCL Forgings is recorded as a listed company by MCA, but its shares were delisted from BSE on 05 Mar 2018 · compulsory delisting, and no longer trade on a stock exchange.
BCL Forgings has open charges of ₹43.15 Cr and no satisfied charges on record as per latest MCA filings.
BCL Forgings has 58 court cases on record: 14 filed by the company and 44 filed against it. 3 are pending. Most are in the district courts.
BCL Forgings was incorporated on 06 May 1967. It is registered with the Registrar of Companies, Mumbai.
BCL Forgings has 4 deals on record (4 market trades); the latest was in November 2010.