Munish Forge Limited - Company Profile

It is a machinery and equipment public limited company based in Ludhiana, Punjab, India, established in 1986.
1986 Ludhiana, Punjab, India Active
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About Munish Forge Limited

Munish Forge Limited, a active public limited company, was established on 25 July 1986 in Ludhiana, Punjab, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: L28910PB1986PLC006950. Registered under ROC Roc Chandigarh. it is listed. It has an authorized capital of ₹25.00 Cr and a paid-up capital of ₹24.07 Cr.

Formerly known as Gaisu Forge Private Limited, Gaisu Forge Pvt Ltd. It upholds a compliant status. In 2023, it reported revenue of ₹160.45 Cr and a net worth of ₹40.99 Cr. Employing 393 professional, Its leadership includes Khushvinder Bir Singh (Director), Priya Begana (Director), Dev Arjun Bhasin (Ceo). Past directors included Khushvinder Bir Singh, Anirudh Panday, Priya Begana. It holds ₹61.10 Cr open charges and ₹82.49 Cr settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Village-Gobindgarh, Adj. Phase-Vii, Focal Point,, Ludhiana, Punjab, 141010.

Company Details
  • Email
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  • Telephone

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    L28910PB1986PLC006950

  • Registration Number

    006950

  • Incorporation Date

    25 July 1986

  • Authorized Capital

    ₹25.00 Cr

  • Paid-Up Capital

    ₹24.07 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Listed

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 25.00 Cr
  • Paid Up Capital ₹ 24.07 Cr
  • Company Age 39 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 61.10 Cr
  • Satisfied Charges ₹ 82.49 Cr
Company report

Munish Forge Limited

Company Report FY 2025-2026

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Who are the key members and board of directors at Munish Forge Limited?
Current Directors
Name Designation Appointment Date Status
Khushvinder Bir Singh Director 10 Oct 2024 Current
Priya Begana Director 10 Oct 2024 Current
Dev Arjun Bhasin Ceo 15 Mar 2025 Current
Davinder Kumar Bhasin Managing Director 25 Jul 1986 Current
Vishal Anand Director 27 May 2015 Current
Arshdeep Singh Bedi Director 10 Oct 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 13 Jan 2025 Past
Pramod Abcsdd Director 25 Sep 2010 Past
Pramod Abcsdd Additional Director 13 Jan 2025 Past
Pramod Abcsdd Additional Director 29 Sep 2023 Past
Pramod Abcsdd Director 16 Mar 2025 Past
Pramod Abcsdd Director 28 May 2015 Past

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Financial Performance of Munish Forge.
Munish Forge revenue growth over time
Munish Forge profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
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What is the Ownership and Shareholding Structure of Munish Forge?

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Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹611,022,400.00

Satisfied Charges

₹824,940,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 45.55 Cr
  • Yes Bank Limited : 15.00 Cr
  • Hdfc Bank Limited : 0.55 Cr
  • District Indistries Centre : 0.00 Cr
Latest Charge Details
Date Lender Amount Status
07 Nov 2025 Hdfc Bank Limited ₹5.50 M Open
04 Aug 2025 Axis Bank Limited ₹2.00 M Open
30 Jul 2025 Axis Bank Limited ₹1.70 Cr Open
22 Sep 2022 Yes Bank Limited ₹15.00 Cr Open
21 Aug 2017 Axis Bank Limited ₹43.65 Cr Open

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How Many Employees Work at Munish Forge?

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Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

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Rating
Graph displaying rating trends over time

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Alerts
Alert Indicator

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Latest Updates, News, and FAQs on Munish Forge
Recent Activity within the Organization
  • Charges

    Progress on A charge registered on 16 Jul 2024 via Charge ID 100956375 with Sidbi was fully satisfied on 19 Nov 2025. was documented.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.55 Cr with Charge ID 101189240 was registered on 07 Nov 2025. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 22 Feb 2023 via Charge ID 100681221 with Axis Bank Limited was fully satisfied on 11 Aug 2025. was documented.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 0.20 Cr with Charge ID 101147601 was registered on 04 Aug 2025. was documented.

  • Charges

    Progress on A charge with Axis Bank Limited amounted to Rs. 1.70 Cr with Charge ID 101144045 was registered on 30 Jul 2025. was documented.

  • Director Appointment

    Progress on Dev Arjun Bhasin was appointed as a CEO was appointed as a CEO on 15 Mar 2025 & has been associated with this company since 11 months 18 days . was documented.

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Frequently Asked Questions
What is the CIN of Munish Forge Limited?

The CIN of Munish Forge Limited is L28910PB1986PLC006950.

Where is Munish Forge Limited headquartered?

Munish Forge Limited is headquartered at Village-Gobindgarh, Adj. Phase-Vii, Focal Point,, Ludhiana, Punjab, 141010.

When was Munish Forge Limited incorporated?

Munish Forge Limited was incorporated on 25 July 1986.

Who are the current directors of Munish Forge Limited?

The current directors of Munish Forge Limited are

What is the primary industry of Munish Forge Limited?

The primary industry of Munish Forge Limited is Manufacturing.

Is Munish Forge Limited a listed company?

Munish Forge Limited is listed.

What is the capital structure of Munish Forge Limited?

The authorized capital of Munish Forge Limited is ₹25.00 Cr, and the paid-up capital is ₹24.07 Cr.

What is the compliance status of Munish Forge Limited?

The compliance status of Munish Forge Limited is Compliant.

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