MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-PB-12-0007297
Satnam Forge Private Limited - machinery and equipment in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹14.83 Cr
▲ 2% YoY
Net profit · FY 2024
₹20.42 Lakh
Net margin 1.4%
EBITDA · FY 2024
₹1.16 Cr
EBITDA margin 7.8%
Authorised capital
₹50 Lakh
Registered with MCA
Paid-up capital
₹41.44 Lakh
Issued & subscribed
Open charges
₹7.28 Cr
Satisfied ₹8.45 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
46
Provident fund records
About Satnam Forge Private Limited
Data last updated:
Satnam Forge Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 11 January 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U27106PB1994PTC014108. Its GSTIN is 03AABCS9122K1ZF (Punjab).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹41.44 Lakh. It was formerly known as Satnam Steels Pvt Ltd. It is led by directors Harjit Singh and Harminder Singh.
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 D 176 Focal Pointphase 6 Ludhiana, Punjab, India – 141010.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.83 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹20.42 Lakh (net margin 1.4%) and EBITDA of ₹1.16 Cr (EBITDA margin 7.8%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 13% over five years.
The company has about 46 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Satnam Forge. As per MCA filings, the company has open charges of ₹7.28 Cr and satisfied charges of ₹8.45 Cr on record.
Satnam Forge Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-PB-12-0007297). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website satnamforging.com.
Company Details of Satnam Forge Private Limited
CIN U27106PB1994PTC014108
Registration Number 014108
Incorporation Date 11 January 1994
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-PB-12-0007297
Key People
Harjit Singh Director Harminder Singh Director Recognitions & Rankings of Satnam Forge
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressD 176 Focal Pointphase 6 Ludhiana, Punjab, India – 141010
- IndustryMachinery and Equipment, Industrial Tools & Components
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Associated Brands with Satnam Forge Private Limited
Satnam Forge operates one associated brand: Satnam Forge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and exporting of forging and machined components, including tractor parts and hydraulic fittings, in India. | satnamforging.com |
Business Activity of Satnam Forge Private Limited
The main business activity of Satnam Forge is manufacturing. In detail, this covers 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
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Satnam Forge Private Limited FY 2025 filings available
Satnam Forge Private Limited reported revenue of ₹14.83 Cr (up 2% YoY) for FY 2024.
Revenue · FY 2024
₹14.83 Cr ▲ 2%
Net profit · FY 2024
₹20.42 Lakh margin 1.4%
EBITDA · FY 2024
₹1.16 Cr margin 7.8%
Compounded Annual Growth Rate (CAGR) of Satnam Forge Private Limited
Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 29%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 18%
3 years · compounded
▲ 30%
5 years · compounded
▲ 14%
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 2% growth in the latest year. EBITDA fell 18% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of Satnam Forge Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹1.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹20.42 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 of Satnam Forge Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 7.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.4% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Satnam Forge are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
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Board of Directors of Satnam Forge Private Limited
Satnam Forge has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Harjit Singh Also directs: Satnam Alloys and Forgings Private Limited | Director | 03 Jul 2014 | 12 Years 3 Months | Current |
| Harminder Singh Also directs: Satnam Alloys and Forgings Private Limited | Director | 14 Nov 2014 | 11 Years 11 Months | Current |
Peer Comparison of Satnam Forge Private Limited
Satnam Forge Private Limited is compared with the companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Indprocess Innovations Private Limited | ₹14.89 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Bangalore, Karnataka, India |
| G.S.B.Forge Private Limited | ₹14.88 Cr (FY 2024) | •••• | •••• | -30.0% | •••• | Telangana, India |
| Maruti Hardware Products Private Limited | ₹14.87 Cr (FY 2024) | •••• | •••• | -24.0% | •••• | Rajkot, Gujarat, India |
| Productive Engineers (I) Private Limited | ₹14.84 Cr (FY 2024) | •••• | •••• | 135.0% | •••• | Mumbai, Maharashtra, India |
| Samicron Precision Technologies Private Limited | ₹14.83 Cr (FY 2025) | •••• | •••• | 110.0% | •••• | Chennai, Tamil Nadu, India |
| Satnam Forge Private Limited this company | ₹14.83 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Ludhiana, Punjab, India |
| Mastur Lal Private Limited | ₹14.8 Cr (FY 2024) | •••• | •••• | -14.0% | •••• | Bangalore, Karnataka, India |
| Prolifique Rolls Private Limited | ₹14.79 Cr (FY 2016) | •••• | •••• | 123.0% | •••• | New Delhi, Delhi, India |
| Cauvery Steels Private Ltd | ₹14.79 Cr (FY 2025) | •••• | •••• | 11.0% | •••• | New Delhi, Delhi, India |
| Mech Components Private Ltd | ₹14.75 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Telangana, India |
| R.C. Engineering Works Private Limited | ₹14.75 Cr (FY 2024) | •••• | •••• | -39.0% | •••• | Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below Satnam Forge by revenue in the Machinery and Equipment industry (Tools and Components), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Satnam Forge Private Limited
Satnam Forge Private Limited is audited by M P GOYAL & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M P GOYAL & CO | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Satnam Forge Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Satnam Forge Private Limited
Open charges
₹7.28 Cr
Satisfied charges
₹8.45 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 26 Aug 2025 | Others | ₹33.63 Lakh | Open |
| 18 Aug 2025 | Others | ₹23.95 Lakh | Open |
| 12 Aug 2025 | Others | ₹21.36 Lakh | Open |
| 02 Jun 2025 | Hdfc Bank Limited | ₹5.5 Cr | Open |
| 07 Mar 2025 | Hdfc Bank Limited | ₹35 Lakh | Open |
Total charge records: 14 View all charges
Employees and EPFO Compliance at Satnam Forge Private Limited
Satnam Forge Private Limited has a workforce of 46 employees as of Apr 05, 2024.
Employee count
46
Active EPFO establishments
1
Employee growth
-17.86%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Satnam Forge Private Limited
Satnam Forge Private Limited has 6 board changes on record since 2014: 2 appointments and 4 cessations. The latest: Gurdial Singh ceased to be Managing Director on 09 Jul 2021.
AGM
Satnam Forge Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Hdfc Bank Limited of Rs. 550.00 Lakh registered on 02 Jun 2025 with Charge ID 101111382 was modified on 13 Sep 2025.
Charges
A charge with Others amounted to Rs. 33.63 Lakh with Charge ID 101152707 was registered on 26 Aug 2025.
Charges
A charge with Others amounted to Rs. 23.95 Lakh with Charge ID 101152577 was registered on 18 Aug 2025.
Charges
A charge with Others amounted to Rs. 21.36 Lakh with Charge ID 101152570 was registered on 12 Aug 2025.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 550.00 Lakh with Charge ID 101111382 was registered on 02 Jun 2025.
Charges
A charge registered on 04 May 2023 via Charge ID 100737946 with Others was fully satisfied on 31 May 2025.
Filing
Satnam Forge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 35.00 Lakh with Charge ID 101078749 was registered on 07 Mar 2025.
Charges
A charge with Others of Rs. 400.00 Lakh registered on 04 May 2023 with Charge ID 100737946 was modified on 14 Nov 2023.
Charges
A charge registered on 22 Oct 2018 via Charge ID 100217409 with Hdfc Bank Limited was fully satisfied on 21 Jun 2023.
Charges
A charge with Others amounted to Rs. 400.00 Lakh with Charge ID 100737946 was registered on 04 May 2023.
22 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Satnam Forge Private Limited
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MSME Payment Delays by Satnam Forge Private Limited
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MSME payment history
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Subsidiaries & Group Companies of Satnam Forge Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Satnam Forge Private Limited
Satnam Forge has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCS9122K1ZF | Punjab | Active | 01 Jul 2017 |
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GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
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MCA Filings & Documents of Satnam Forge Private Limited
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Frequently Asked Questions about Satnam Forge Private Limited
Satnam Forge is an active private limited company based in Ludhiana, Punjab, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 11 January 1994 (32+ years old) and is registered under CIN U27106PB1994PTC014108.
Satnam Forge reported revenue of ₹14.83 Cr for FY 2024 (up 2% YoY).
Satnam Forge has 2 current directors:
- Harjit Singh - Director
- Harminder Singh - Director
Satnam Forge reported a net profit of ₹20.42 Lakh (net margin 1.4%) and EBITDA of ₹1.16 Cr (EBITDA margin 7.8%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Satnam Forge is 29% over three years and 13% over five years. In the latest year (FY 2024) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Satnam Forge is 03AABCS9122K1ZF, registered in Punjab.
The CIN (Corporate Identification Number) of Satnam Forge is U27106PB1994PTC014108. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Satnam Forge was incorporated on 11 January 1994, making it 32+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Satnam Forge by revenue are Indprocess Innovations Private Limited, G.S.B.Forge Private Limited, Maruti Hardware Products Private Limited, Productive Engineers (I) Private Limited, Samicron Precision Technologies Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Gurdial Singh ceased to be Managing Director on 09 Jul 2021. Jasbir Kaur Syan ceased to be Director on 01 Aug 2019. Harminder Singh ceased to be Additional Director on 30 Sep 2015. Satnam Forge has 6 board changes on record in total.
Yes, Satnam Forge is registered as a small enterprise under Udyam registration (number: UDYAM-PB-12-0007297).