Squad Forging India Private Limited - Company Profile

It is a engineering private limited company based in Belgaum, Karnataka, India, established in 2011.
2011 Belgaum, Karnataka, India Active
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About Squad Forging India Private Limited

Squad Forging India Private Limited, a active private limited company, was established on 19 January 2011 in Belgaum, Karnataka, India. Engaging in metal foundry & fabrication services within the manufacturing sector, it holds CIN: U28910KA2011PTC056681. Registered under ROC Roc Bangalore. it is unlisted. It has an authorized capital of ₹167.47 Cr and a paid-up capital of ₹167.42 Cr.

Formerly known as Setforge Quest Forging India Private Limited. It upholds a compliant status. Employing 104 professional, Its leadership includes Bruno Guy Marie Durand (Nominee Director), Mohan Shivamurthy Durvigere (Ceo), Rajeev Kaul (Nominee Director). Past directors included Patrick Jacques Yves Delaborde, Sebastien Roquejeoffre, Frederic Abel Henri Leroy. It holds ₹41.87 Cr open charges and ₹53.94 Cr settled loans. Its latest AGM occurred on 27 September 2025, with the balance sheet filed on 31 March 2025. It is based at Aequs Sez, No. 437/A, Hattargi Village, Hukkeri Taluk,, Belgaum, Karnataka, 591243.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
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Company Details

  • CIN/LLPIN

    U28910KA2011PTC056681

  • Registration Number

    056681

  • Incorporation Date

    19 January 2011

  • Authorized Capital

    ₹167.47 Cr

  • Paid-Up Capital

    ₹167.42 Cr

  • ROC Code

    Roc Bangalore

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 167.47 Cr
  • Paid Up Capital ₹ 167.42 Cr
  • Company Age 15 Year, 3 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 41.87 Cr
  • Satisfied Charges ₹ 53.94 Cr
  • Revenue Growth **** 90.59%
  • Profit Growth **** 63.52%
  • Ebitda **** 2195.67%
  • Net Worth 16.05%
  • Total Assets **** 6.59%
Company report

Squad Forging India Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Squad Forging India Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Squad Forging India Private Limited?
Current Directors
Name Designation Appointment Date Status
Bruno Guy Marie Durand Nominee Director 01 Mar 2024 Current
Mohan Shivamurthy Durvigere Ceo 27 Sep 2021 Current
Rajeev Kaul Nominee Director 19 Jan 2011 Current
Xavier Pierron Nominee Director 30 Jun 2020 Current
Mohamed Bouzidi Nominee Director 02 Jul 2020 Current
Pierre Francis A Rega Nominee Director 19 May 2025 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Nominee Director 11 Jan 2016 Past
Pramod Abcsdd Additional Director 02 Apr 2012 Past
Pramod Abcsdd Nominee Director 27 Feb 2024 Past
Pramod Abcsdd Nominee Director 19 May 2025 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Company Secretary - Past

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Financial Performance of Squad Forging India.

Squad Forging India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 90.59% increase. The company also saw a substantial improvement in profitability, with a 63.52% increase in profit. The company's net worth Soared by an impressive increase of 16.05%.

Squad Forging India revenue growth over time
Squad Forging India 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
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
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 90.59%
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*******
*******
Revenue from Operations
*******
 80.64%
*******
*******
*******
*******
Total Assets
*******
 6.59%
*******
*******
*******
*******
Profit or Loss
*******
 63.52%
*******
*******
*******
*******
Net Worth
*******
 16.05%
*******
*******
*******
*******
EBITDA
*******
 2195.67%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Squad Forging India?

In 2023, Squad Forging India had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

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

₹418,700,000.00

Satisfied Charges

₹539,350,000.00

Charges Breakdown by Lending Institutions
  • Hdfc Bank Limited : 41.87 Cr
Latest Charge Details
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 ₹38.50 Cr Satisfied

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How Many Employees Work at Squad Forging India?

Squad Forging India has a workforce of 104 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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

Gain comprehensive insights into the Deals and Valuation data of Squad Forging India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Squad Forging India's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Squad Forging India
Recent Activity within the Organization
  • Director Appointment

    The activity Etienne Francois Marie Galan was appointed as a Nominee Director was appointed as a Nominee Director on 08 Nov 2025 & has been associated with this company since 5 months 29 days . was completed.

  • Annual General Meeting

    Squad Forging India Private Limited last Annual general meeting of members was held on 27 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Director Appointment

    Progress on Pierre Francis A Rega was appointed as a Nominee Director was appointed as a Nominee Director on 19 May 2025 & has been associated with this company since 11 months 19 days . was documented.

  • Balance Sheet

    The activity Squad Forging India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Bangalore. was completed.

  • Director Appointment

    Progress on Sahil Keshav Moghe was appointed as a Company Secretary was appointed as a Company Secretary on 10 Jun 2024 & has been associated with this company since 1 year 10 months . was documented.

  • Director Appointment

    Progress on Bruno Guy Marie Durand was appointed as a Nominee Director was appointed as a Nominee Director on 01 Mar 2024 & has been associated with this company since 2 years 2 months . was documented.

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Frequently Asked Questions
What is the CIN of Squad Forging India Private Limited?

The CIN of Squad Forging India Private Limited is U28910KA2011PTC056681.

Where is Squad Forging India Private Limited headquartered?

Squad Forging India Private Limited is headquartered at Aequs Sez, No. 437/A, Hattargi Village, Hukkeri Taluk,, Belgaum, Karnataka, 591243.

When was Squad Forging India Private Limited incorporated?

Squad Forging India Private Limited was incorporated on 19 January 2011.

Who are the current directors of Squad Forging India Private Limited?

The current directors of Squad Forging India Private Limited are

What is the primary industry of Squad Forging India Private Limited?

The primary industry of Squad Forging India Private Limited is Manufacturing.

Is Squad Forging India Private Limited a listed company?

Squad Forging India Private Limited is unlisted.

What is the capital structure of Squad Forging India Private Limited?

The authorized capital of Squad Forging India Private Limited is ₹167.47 Cr, and the paid-up capital is ₹167.42 Cr.

What is the compliance status of Squad Forging India Private Limited?

The compliance status of Squad Forging India Private Limited is Compliant.

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