Munish Forge Limited - machinery and equipment in Ludhiana, Punjab, India. FY 2026 financials and compliance.
CIN L28910PB1986PLC006950 Incorporated 25 July 1986 ROC Chandigarh HQ Ludhiana, Punjab, India
Active Listed Public Limited Company machinery and equipment
Data last updated
Revenue · FY 2025
₹179.05 Cr
▲ 11.00% YoY
EBITDA · FY 2025
Locked
In full report
Net profit · FY 2025
Locked
In full report
Authorised capital
₹25 Cr
Registered with MCA
Paid-up capital
₹24.07 Cr
Issued & subscribed
Open charges
₹61.1 Cr
Satisfied ₹82.49 Cr
Company age
40 yrs
Est. 1986
Employees · EPFO
393
Latest available

About Munish Forge Limited

Data last updated: 22 December 2025

Munish Forge Limited is a public limited company based in Ludhiana, Punjab, India. It specialises in industrial machinery manufacturing, a part of the broader machinery and industrial equipment sector. Incorporated on 25 July 1986, the company has been in operation for over 40 years.

Registered with ROC Chandigarh under CIN U28910PB1986PLC006950. Listed.

Capital: an authorised share capital of ₹25 Cr and a paid-up capital of ₹24.07 Cr. Formerly known as Gaisu Forge Private Limited and Gaisu Forge Pvt Ltd. It is led by directors including Khushvinder Bir Singh and Priya Begana.

Last AGM: 30 September 2024. Financial statements filed for year ended 31 March 2024. Office: Village – Gobindgarh Adj. Phase – Vii Focal Point, Ludhiana, Punjab, India – 141010.

As per the financials filed for FY 2025, the company reported a revenue of ₹179.05 Cr, a growth of 11% compared to the previous year.

The company has a workforce of approximately 393 employees as per the latest available data.

The company is associated with 1 brand - Munish Group. As per MCA filings, the company has open charges of ₹61.1 Cr and satisfied charges of ₹82.49 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website munishforge.com.

Company Details of Munish Forge Limited
CIN L28910PB1986PLC006950
Registration Number 006950
Incorporation Date 25 July 1986
ROC Chandigarh
Listing Status Listed
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Village – Gobindgarh Adj. Phase – Vii Focal Point, Ludhiana, Punjab, India – 141010
  • Industry
    Machinery and Equipment, Industrial Machinery Manufacturing
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Financials, compliance, directors, charges, ownership and filings for Munish Forge Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Munish Forge Limited

Munish Forge Limited has undergone 3 name changes throughout its history. The company was previously known as Gaisu Forge Private Limited, Gaisu Forge Pvt Ltd, and Munish Forge Limited. The current legal name is Munish Forge Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Munish Forge Limited Current
Gaisu Forge Private Limited Previous
Gaisu Forge Pvt Ltd Previous

CIN History of Munish Forge Limited

Munish Forge Limited has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L28910PB1986PLC006950, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
L28910PB1986PLC006950 Current
U28910PB1986PTC006950 Previous
U28910PB1986PLC006950 Previous

Associated Brands with Munish Forge Limited

Munish Forge Limited operates one associated brand: Munish Group. These brands represent Munish Forge Limited's diversified market presence and brand portfolio.

Brand Description Website
Manufactures forged components for scaffolding, earthmoving, truck parts, and defence industries. munishforge.com

Competitors & Alternatives of Munish Forge Limited

Brands and companies operating in the same space as Munish Forge Limited include Cummins, Valeo, UNO Minda and 6 more.

Competitor Description Location Founded
Cummins Cummins Manufacturer of gas-powered construction equipment United States 1919
Valeo Valeo Automotive products and services are supplied globally to automakers. Paris, France, France 1923
UNO Minda UNO Minda Manufacturer and supplier of major auto components to OEMs and tier 1 companies Gurugram, India, India 1958
Rane Group Rane Group Major auto components are manufactured and supplied to OEMs. Chennai, India, India 1929
Novares Novares Major auto components are manufactured and supplied globally. Clamart, France, France 1955
Schaeffler Schaeffler Manufacturer of bearings for the automotive industry Herzogenaurach, Germany, Germany 1946
Faurecia Faurecia Automotive components and systems are manufactured for vehicles. Nanterre, France, France 1997
MAHLE MAHLE Automotive cooling systems, pistons, and aftermarket components are manufactured. Stuttgart, Germany, Germany 1920
ZF ZF Mobility systems are developed for cars, vehicles, and industrial uses. Friedrichshafen, Germany, Germany 1915

Business Activity of Munish Forge Limited

Munish Forge Limited is engaged in the principal business activity of manufacturing, with detailed activities including metal and metal products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C7 Metal and metal products Locked
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Business activity turnover details for Munish Forge Limited

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Board of Directors and KMP of Munish Forge Limited

Munish Forge Limited currently reports 5 directors and 1 key managerial person. 8 former directors have served the organization.

Current Directors and KMP
Name Designation Appointment Date Tenure Status
Khushvinder Bir Singh Director 10 Oct 2024 1 Years 9 Months Current
Priya Begana Director 10 Oct 2024 1 Years 9 Months Current
Dev Arjun Bhasin Ceo 15 Mar 2025 1 Years 3 Months Current
Davinder Kumar Bhasin Managing Director 25 Jul 1986 39 Years 11 Months Current
Vishal Anand Director 27 May 2015 11 Years 1 Months Current
Arshdeep Singh Bedi Director 10 Oct 2024 1 Years 9 Months Current

Financials of Munish Forge Limited FY 2024 filings available

Munish Forge Limited reported revenue of ₹179.05 Cr (up 11.00% YoY) for FY 2025.

Revenue · FY 2025
₹179.05 Cr ▲ 11.00%
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Ten-year financial statements for Munish Forge Limited

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Charges & Borrowings of Munish Forge Limited

Open charges
₹61.1 Cr
Satisfied charges
₹82.49 Cr
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
DateLenderAmountStatus
07 Nov 2025 Hdfc Bank Limited ₹55 Lakh Open
04 Aug 2025 Axis Bank Limited ₹20 Lakh Open
30 Jul 2025 Axis Bank Limited ₹1.7 Cr Open
22 Sep 2022 Yes Bank Limited ₹15 Cr Open
21 Aug 2017 Axis Bank Limited ₹43.65 Cr Open

Total charge records: 18 View all charges

Employees and EPFO Compliance at Munish Forge Limited

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Employee and EPFO history for Munish Forge Limited

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GST Compliance of Munish Forge Limited

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GST registrations and filing compliance for Munish Forge Limited

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Credit Ratings, Litigation & Regulatory Alerts for Munish Forge Limited

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Credit ratings, litigation, and regulatory alerts for Munish Forge Limited

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MSME Payment Delays by Munish Forge Limited

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MSME payment history for Munish Forge Limited

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Subsidiaries & Group Companies of Munish Forge Limited

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Corporate group structure for Munish Forge Limited

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MCA Filings & Documents of Munish Forge Limited

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MCA filings and documents for Munish Forge Limited

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Recent Activity on Munish Forge Limited

Charges
19 Nov 2025
A charge registered on 16 Jul 2024 via Charge ID 100956375 with Sidbi was fully satisfied on 19 Nov 2025.
Charges
07 Nov 2025
A charge with Hdfc Bank Limited amounted to Rs. 0.55 Cr with Charge ID 101189240 was registered on 07 Nov 2025.
Charges
11 Aug 2025
A charge registered on 22 Feb 2023 via Charge ID 100681221 with Axis Bank Limited was fully satisfied on 11 Aug 2025.
Charges
04 Aug 2025
A charge with Axis Bank Limited amounted to Rs. 0.20 Cr with Charge ID 101147601 was registered on 04 Aug 2025.
Charges
30 Jul 2025
A charge with Axis Bank Limited amounted to Rs. 1.70 Cr with Charge ID 101144045 was registered on 30 Jul 2025.
Directors
15 Mar 2025
Dev Arjun Bhasin was appointed as a CEO on 15 Mar 2025 & has been associated with this company since 1 year 4 months.

Frequently Asked Questions about Munish Forge Limited

Munish Forge Limited is an active public limited company in the machinery and equipment sector based in Ludhiana, Punjab, India. It was incorporated on 25 July 1986 (40+ years old) and is registered under CIN L28910PB1986PLC006950. The company has 393 employees.

Munish Forge Limited reported revenue of ₹179.05 Cr for FY 2025 (up 11.00% YoY).

The current directors and KMP of Munish Forge Limited are:

The primary industry of Munish Forge Limited is machinery and equipment. The company specifically operates in industrial machinery manufacturing. The company is currently active in this sector.

Yes, Munish Forge Limited is a listed company.

Munish Forge Limited can be reached at the registered office: Village – Gobindgarh Adj. Phase – Vii Focal Point, Ludhiana, Punjab, India – 141010, or through the website munishforge.com.

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