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 U28910PB1986PTC006950. 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.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media**************
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Registered AddressVillage – Gobindgarh Adj. Phase – Vii Focal Point, Ludhiana, Punjab, India – 141010
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IndustryMachinery and Equipment, Industrial Machinery Manufacturing
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
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
|
Manufacturer of gas-powered construction equipment | United States | 1919 |
Valeo
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Automotive products and services are supplied globally to automakers. | Paris, France, France | 1923 |
UNO Minda
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Manufacturer and supplier of major auto components to OEMs and tier 1 companies | Gurugram, India, India | 1958 |
Rane Group
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Major auto components are manufactured and supplied to OEMs. | Chennai, India, India | 1929 |
Novares
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Major auto components are manufactured and supplied globally. | Clamart, France, France | 1955 |
Schaeffler
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Manufacturer of bearings for the automotive industry | Herzogenaurach, Germany, Germany | 1946 |
Faurecia
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Automotive components and systems are manufactured for vehicles. | Nanterre, France, France | 1997 |
MAHLE
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Automotive cooling systems, pistons, and aftermarket components are manufactured. | Stuttgart, Germany, Germany | 1920 |
ZF
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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 | ********* |
Auditor Details of Munish Forge Limited
Munish Forge Limited is audited by VINAY & ASSOCIATES for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| VINAY & ASSOCIATES | blur-value | blur-value | blur-value |
Board of Directors of Munish Forge Limited
Munish Forge Limited is currently managed by 6 directors, with 8 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Khushvinder Bir Singh
Also directs:
Parmeshwari Silk Mills Limited, Up Money Limited
|
Director | 10 Oct 2024 | 1 Years 8 Months | Current |
| Priya Begana | Director | 10 Oct 2024 | 1 Years 8 Months | Current |
|
Dev Arjun Bhasin
Also directs:
Dabs Collection Llp, Dev Arjuna Cast And Forge Private Limited, Munish International Private Limited and 1 more
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Ceo | 15 Mar 2025 | 1 Years 3 Months | Current |
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Davinder Kumar Bhasin
Also directs:
Dabs Collection Llp, Dev Arjuna Cast And Forge Private Limited, Dev Arjuna Enterprises Private Limited and 4 more
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Managing Director | 25 Jul 1986 | 39 Years 11 Months | Current |
| Vishal Anand | Director | 27 May 2015 | 11 Years 1 Months | Current |
|
Arshdeep Singh Bedi
Also directs:
Parmeshwari Silk Mills Limited
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Director | 10 Oct 2024 | 1 Years 8 Months | Current |
Financials of Munish Forge Limited FY 2024 filings available
Munish Forge Limited reported revenue of ₹179.05 Cr (up 11% YoY) for FY 2025. Profit growth despite declining revenue indicates effective cost management and margin discipline.
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Consolidated Statements
Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.
Shareholding Pattern of Munish Forge Limited
As of FY 2023, Munish Forge Limited's shareholding pattern shows 100.00% by promoters. The promoters hold a majority stake, indicating strong promoter control.
| Year | 2025 |
|---|---|
| Promoters | 33.19% |
| DII | 23.22% |
| FII | 18.28% |
| Public | 22.89% |
| Others | 2.42% |
Charges & Borrowings of Munish Forge Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 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
Munish Forge Limited has a workforce of 393 employees as of Apr 03, 2024.
Employee Count & EPFO Data of Munish Forge Limited
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GST Compliance of Munish Forge Limited
GSTIN & GST Filing Data of Munish Forge Limited
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Credit Ratings, Litigation & Regulatory Alerts for Munish Forge Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Munish Forge Limited
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MSME Payment Delays by Munish Forge Limited
MSME Payment Delays by Munish Forge Limited
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Subsidiaries & Group Companies of Munish Forge Limited
Subsidiaries & Group Companies of Munish Forge Limited
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MCA Filings & Documents of Munish Forge Limited
MCA Filings & Documents of Munish Forge Limited
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Recent Activity on Munish Forge Limited
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 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.