MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-06-0001084
Techno Forge Limited - machinery and equipment in Bharuch, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹30.44 Cr
▲ 4% YoY
Net loss · FY 2025
₹11.69 Lakh
Net margin -0.4%
EBITDA · FY 2025
₹3.33 Cr
EBITDA margin 10.9%
Authorised capital
₹8 Cr
Registered with MCA
Paid-up capital
₹2.46 Cr
Issued & subscribed
Open charges
₹77.23 Lakh
Satisfied ₹76.17 Cr
Company age
47 yrs
Est. 1979
Employees · EPFO
53
Provident fund records
About Techno Forge Limited
Data last updated:
Techno Forge Limited is a public limited company based in Bharuch, Gujarat, India. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 28 September 1979 and has been in existence for over 47 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L28910GJ1979PLC003508. Its GSTIN is 24AAACT7773L1ZW (Gujarat). It is recorded as listed by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹8 Cr and a paid-up capital of ₹2.46 Cr. It is led by directors including Ashok Mansukhlal Kapasi (Managing Director) and Arun Mansukhlal Kapasi (Whole-Time Director).
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 1022 GIDC Estateankleshwar, Bharuch, Gujarat, India – 390002.
As per the financials filed for FY 2025, the company reported a revenue of ₹30.44 Cr, a growth of 4% compared to the previous year. For the same year it recorded a net loss of ₹11.69 Lakh (net margin -0.4%) and EBITDA of ₹3.33 Cr (EBITDA margin 10.9%).
The company has about 53 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Techno Forge. As per MCA filings, the company has open charges of ₹77.23 Lakh and satisfied charges of ₹76.17 Cr on record. Court records list 88 cases involving the company, including 21 filed by the company and 67 filed against it; 7 cases are pending. The company has 3 deals on record (3 market trades); the latest was in March 2013.
Techno Forge Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0001084). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website technoforgeindia.com.
Company details
CIN L28910GJ1979PLC003508
Registration Number 003508
Incorporation Date 28 September 1979
ROC Ahmedabad
Listing Status Listed - Delisted from BSE on 11 May 2018 · compulsory delisting
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-06-0001084
Key People
Ashok Mansukhlal Kapasi Managing Director Arun Mansukhlal Kapasi Whole-Time Director Vikram Ashok Kapasi Director Recognitions & Rankings of Techno Forge
Contact details
Techno Forge Limited's registered office is in Bharuch, Gujarat. Its website is technoforgeindia.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address1022 GIDC Estateankleshwar, Bharuch, Gujarat, India – 390002
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Techno Forge Limited, buy the company report.
Comprehensive company report
Techno Forge 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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Brands
Techno Forge operates one associated brand: Techno Forge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Precision components are manufactured by Techno Forge. | technoforgeindia.com |
Business activity
The main business activity of Techno 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 Techno Forge Limited, buy the company report.
Financials of Techno Forge Limited
FY 2025 filings availableTechno Forge Limited reported revenue of ₹30.44 Cr (up 4% YoY) for FY 2025.
Revenue · FY 2025
₹30.44 Cr ▲ 4%
Net loss · FY 2025
₹11.69 Lakh margin -0.4%
EBITDA · FY 2025
₹3.33 Cr margin 10.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 4%
Revenue rose 4% in the latest 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹30.44 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.33 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹11.69 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 10.9% | ||||
| Net Profit Margin | -0.4% | ||||
| 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 Techno Forge Limited, buy the company report.
Board of directors of Techno Forge Limited
Techno Forge has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashok Mansukhlal Kapasi | Managing Director | 20 Mar 1991 | 35 Years 7 Months | Current |
| Arun Mansukhlal Kapasi | Whole-Time Director | 28 Sep 1979 | 47 Years 0 Months | Current |
| Vikram Ashok Kapasi | Director | 03 Mar 2024 | 2 Years 7 Months | Current |
Auditor
Techno Forge Limited is audited by MAJITHIA & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| MAJITHIA & ASSOCIATES | FY 2019 | 105871W |
Shareholding
The shareholding of Techno Forge Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Techno Forge Limited, buy the company report.
Charges & borrowings
Open charges
₹77.23 Lakh
Satisfied charges
₹76.17 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2009 | 10164253 | Reliance Capital Limited | ₹19.55 Lakh | Open | |
| 04 Jun 2009 | 10162315 | Reliance Capital Limited | ₹20.93 Lakh | Open | |
| 01 Jun 2009 | 10165005 | Tata Capital Limited | ₹11.75 Lakh | Open | |
| 30 Jul 2008 | 10115269 | Kotak Mahindra Bank Limited | ₹25 Lakh | Open | |
| 13 Sep 2012 | 10380094 | Bank of India | ₹1 Cr | Satisfied |
To see the full charge records of Techno Forge Limited, buy the company report.
Total charge records: 16 View all charges
Deals & funding
Techno Forge Limited has 3 deals on record (3 market trades); the latest was in March 2013.
Total deals
3
Market trades
3
Deals on record (3 of 3)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2013 | Market trade | ₹5.2 Lakh | Buyer: an individual Seller: an individual |
| Nov 2010 | Market trade | ₹6.3 Lakh | Buyer: an individual |
| Jun 2010 | Market trade | ₹4.5 Lakh | Buyer: an individual Seller: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Techno Forge Limited has 88 court cases on record: 21 filed by Techno Forge, 67 filed against it. 7 cases are pending and 81 are disposed.
Total cases
88
Filed by the company
21
Filed against the company
67
Pending
7
Disposed
81
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 59 | 49 | 2 |
| High courts | 16 | 8 | 4 |
| NCLAT | 7 | 7 | 0 |
| NCLT | 5 | 3 | 1 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 88)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (CHOL) | Filed against the company by Steel Authority of India Limited | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by M/S Paisalo Digital Limited | Disposed |
| NCLT, Ahmedabad | Court case (Cont.A.(IBC)) | Filed against the company by Paisalo Digital Limited | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Mis Paisalo Digital Limited | Disposed |
| District court, Ahmedabad, Gujarat | Commercial matter | Filed by the company against Ms.Reliance Capital Ltd | Disposed |
To see the full case history of Techno Forge 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 Techno Forge Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Techno Forge Limited has a workforce of 53 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
53
Active EPFO establishments
1
Employee growth
-10.17%
GST
Techno Forge has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACT7773L1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Techno Forge Limited, buy the company report.
Recent activity
Techno Forge Limited has 13 board changes on record since 1979: 8 appointments and 5 cessations. The latest: Vikram Ashok Kapasi was appointed as Director on 03 Mar 2024.
Charges
A charge registered on 13 Sep 2012 via Charge ID 10380094 with Bank Of India was fully satisfied on 01 Nov 2025.
Charges
A charge registered on 10 Mar 2011 via Charge ID 10272375 with Bank Of India was fully satisfied on 01 Nov 2025.
Charges
A charge registered on 28 Feb 2011 via Charge ID 10272376 with Bank Of India was fully satisfied on 01 Nov 2025.
AGM
Techno Forge Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Techno Forge Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Appointed
Vikram Ashok Kapasi was appointed as Director.
Ceased
Hemant Vasanji Chheda ceased to be Director.
Charges
A charge with Bank Of India of Rs. 23.19 Cr registered on 10 Mar 2011 with Charge ID 10272375 was modified on 18 Sep 2014.
Charges
A charge with Bank Of India of Rs. 23.19 Cr registered on 28 Feb 2011 with Charge ID 10272376 was modified on 19 Mar 2014.
Ceased
Atul Mohan Raizada ceased to be Director.
Ceased
Rahul Harshad Parikh ceased to be Director.
Ceased
Amit Avinash Dalal ceased to be Director.
40 earlier events are in the company report.
Frequently asked questions
Techno Forge is an active public limited company based in Bharuch, Gujarat, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 28 September 1979 (47+ years old) and is registered under CIN L28910GJ1979PLC003508.
Techno Forge has 3 current directors:
- Ashok Mansukhlal Kapasi - Managing Director
- Arun Mansukhlal Kapasi - Whole-Time Director
- Vikram Ashok Kapasi - Director
The latest financial statements of Techno 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 Techno Forge is 24AAACT7773L1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of Techno Forge is L28910GJ1979PLC003508. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Techno Forge is recorded as a listed company by MCA, but its shares were delisted from BSE on 11 May 2018 · compulsory delisting, and no longer trade on a stock exchange.
Techno Forge has 88 court cases on record: 21 filed by the company and 67 filed against it. 7 are pending. Most are in the district courts.
Techno Forge was incorporated on 28 September 1979, making it 47+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Techno Forge has 3 deals on record (3 market trades); the latest was in March 2013.
Vikram Ashok Kapasi was appointed as Director on 03 Mar 2024. Hemant Vasanji Chheda ceased to be Director on 20 Oct 2019. Atul Mohan Raizada ceased to be Director on 27 Sep 2013. Techno Forge has 13 board changes on record in total.