About Squad Forging India Private Limited
Data last updated: 03 January 2026
Squad Forging India Private Limited is a private limited company based in Belgaum, Karnataka, India. It specialises in metal foundry and fabrication services, a part of the broader engineering sector. Incorporated on 19 January 2011, the company has been in operation for over 15 years.
Registered with ROC Bangalore under CIN U28910KA2011PTC056681.
Capital: an authorised share capital of ₹167.47 Cr and a paid-up capital of ₹167.42 Cr. Formerly known as Setforge Quest Forging India Private Limited. It is led by directors including Bruno Guy Marie Durand and Rajeev Kaul.
Last AGM: 27 September 2025. Financial statements filed for year ended 31 March 2025. Office: Aequs Sez No. 437/A Hattargi Village Hukkeri Taluk, Belgaum, Karnataka, India – 591243.
As per the financials filed for FY 2025, the company reported a revenue of ₹86.28 Cr, a growth of 38% compared to the previous year.
The company has a workforce of approximately 104 employees as per the latest available data.
The company is associated with 1 brand - Aequs. As per MCA filings, the company has open charges of ₹41.87 Cr and satisfied charges of ₹53.94 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 squadforge.com.
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Registered AddressAequs Sez No. 437/A Hattargi Village Hukkeri Taluk, Belgaum, Karnataka, India – 591243
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IndustryEngineering, Metal Foundry & Fabrication Services
- 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
Associated Brands with Squad Forging India Private Limited
Squad Forging India Private Limited operates one associated brand: Aequs. These brands represent Squad Forging India Private Limited's diversified market presence and brand portfolio.
Competitors & Alternatives of Squad Forging India Private Limited
Brands and companies operating in the same space as Squad Forging India Private Limited include Precision Aerospace Group.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Precision Aerospace Group
|
Aerospace and government contracting services are provided by the group. | Aventura, United States, United States | 1945 |
Business Activity of Squad Forging India Private Limited
Squad Forging India Private 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 |
Business activity turnover details for Squad Forging India Private Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
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Auditor Details of Squad Forging India Private Limited
Squad Forging India Private Limited is audited by Price Waterhouse Chartered Accountants LLP 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 |
|---|---|---|---|
| Price Waterhouse Chartered Accountants LLP | Locked | Locked | Locked |
Complete auditor history for Squad Forging India Private Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors and KMP of Squad Forging India Private Limited
Squad Forging India Private Limited currently reports 6 directors and 1 key managerial person. 21 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bruno Guy Marie Durand | Nominee Director | 01 Mar 2024 | 2 Years 5 Months | Current |
| Mohan Shivamurthy Durvigere | Ceo | 27 Sep 2021 | 4 Years 10 Months | Current |
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Rajeev Kaul
Also directs:
Aequs Limited, Aequs Cookware Private Limited, Aerospace Processing India Private Limited and 1 more
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Nominee Director | 19 Jan 2011 | 15 Years 7 Months | Current |
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Xavier Pierron
Also directs:
Aubert& Duval Engineering India Private Limited
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Nominee Director | 30 Jun 2020 | 6 Years 1 Months | Current |
| Mohamed Bouzidi | Nominee Director | 02 Jul 2020 | 6 Years 1 Months | Current |
| Pierre Francis A Rega | Nominee Director | 19 May 2025 | 1 Years 3 Months | Current |
Financials of Squad Forging India Private Limited FY 2025 filings available
Squad Forging India Private Limited reported revenue of ₹86.28 Cr (up 38.00% YoY) for FY 2025.
Ten-year financial statements for Squad Forging India Private Limited
Historical statement values and trend charts require an active report plan.
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- Balance sheets
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Ownership and Shareholding of Squad Forging India Private Limited
Shareholding and ownership data for Squad Forging India Private Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Charges & Borrowings of Squad Forging India Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Jul 2018 | Hdfc Bank Limited | ₹41.87 Cr | Open |
| 11 Apr 2014 | Export-Import Bank of India | ₹15.44 Cr | Satisfied |
| 13 Sep 2012 | Export-Import Bank of India | ₹38.5 Cr | Satisfied |
Total charge records: 3 View all charges
Employees and EPFO Compliance at Squad Forging India Private Limited
Squad Forging India Private Limited has a workforce of 104 employees as of Apr 05, 2024.
Employee and EPFO history for Squad Forging India Private Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
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GST Compliance of Squad Forging India Private Limited
GST registrations and filing compliance for Squad Forging India Private Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
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Credit Ratings, Litigation & Regulatory Alerts for Squad Forging India Private Limited
Credit ratings, litigation, and regulatory alerts for Squad Forging India Private Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
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MSME Payment Delays by Squad Forging India Private Limited
MSME payment history for Squad Forging India Private Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
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Subsidiaries & Group Companies of Squad Forging India Private Limited
Corporate group structure for Squad Forging India Private Limited
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- Parent company
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MCA Filings & Documents of Squad Forging India Private Limited
MCA filings and documents for Squad Forging India Private Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Squad Forging India Private Limited
Frequently Asked Questions about Squad Forging India Private Limited
Squad Forging India Private Limited is an active private limited company in the engineering sector based in Belgaum, Karnataka, India. It was incorporated on 19 January 2011 (15+ years old) and is registered under CIN U28910KA2011PTC056681. The company has 104 employees.
Squad Forging India Private Limited reported revenue of ₹86.28 Cr for FY 2025 (up 38.00% YoY).
The current directors and KMP of Squad Forging India Private Limited are:
- Bruno Guy Marie Durand - Nominee Director
- Mohan Shivamurthy Durvigere - Ceo
- Rajeev Kaul - Nominee Director
- Xavier Pierron - Nominee Director
- Mohamed Bouzidi - Nominee Director
- Pierre Francis A Rega - Nominee Director
- Etienne Francois Marie Galan - Nominee Director
The primary industry of Squad Forging India Private Limited is engineering. The company specifically operates in metal foundry and fabrication services. The company is currently active in this sector.
Squad Forging India Private Limited can be reached at the registered office: Aequs Sez No. 437A Hattargi Village Hukkeri Taluk, Belgaum, Karnataka, India – 591243, or through the website squadforge.com.
The authorised capital is ₹167.47 Cr, and the paid-up capital is ₹167.42 Cr.