About Super Forgings & Steels Ltd
Data last updated:
Super Forgings & Steels Ltd is a public limited company based in Kolkata, West Bengal, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the metal foundry and fabrication services segment of the engineering sector. It was incorporated on 28 June 1968.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L27106WB1968PLC027324. Its GSTIN is 19AAECS0764Q1ZP (West Bengal). The company holds 3 GST registrations, of which 1 is active. It is recorded as listed by MCA, but its shares were delisted from NSE on 08 Aug 2018 · compulsory delisting and from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹15.88 Cr. It was formerly known as Super Forgings Sales Private Limited. It is led by directors including Baij Nath Modi (Managing Director) and Piyush Modi (Whole-Time Director).
Its last annual general meeting (AGM) was held on 07 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at Kolkata, West Bengal.
As per the financials filed for FY 2023, the company reported a revenue of ₹75.82 Cr, a growth of 30% compared to the previous year. For the same year it recorded a net profit of ₹72.04 Lakh (net margin 1%) and EBITDA of ₹3.85 Cr (EBITDA margin 5.1%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 7% over five years.
The company has about 19 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹132.63 Cr on record. Court records list 41 cases involving the company, including 27 filed by the company and 14 filed against it; 1 case is pending.
The last known website on record is superforgings.net.
Company details
CIN history
Super Forgings & Steels has one previous CIN (Corporate Identification Number): U27106WB1968PLC027324. The current CIN is L27106WB1968PLC027324, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L27106WB1968PLC027324 | Current |
| U27106WB1968PLC027324 | Previous |
Contact details
Super Forgings & Steels Ltd's registered office is in Kolkata, West Bengal. Its website is superforgings.net. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address6, Lyons Range India, Kolkata, West Bengal, India – 700012
- IndustryEngineering, Metal Foundry & Fabrication Services
To see the full contact details of Super Forgings & Steels Ltd, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Super Forgings & Steels is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Super Forgings & Steels Ltd, buy the company report.
Financials of Super Forgings & Steels Ltd
FY 2023 filings availableSuper Forgings & Steels Ltd reported revenue of ₹75.82 Cr (up 30% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 7% over five years, including 30% growth in the latest year. EBITDA rose 149% 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹75.82 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹3.85 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹72.04 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
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | 1% | ||||
| 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 | |||||
To see the full financial statements and ratios of Super Forgings & Steels Ltd, buy the company report.
Board of directors of Super Forgings & Steels Ltd
Super Forgings & Steels has 3 current directors and 16 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Modi | Whole-Time Director | 12 Jul 1991 | 35 Years 3 Months | As last reported |
| Baij Nath Modi Also directs: SFS Finance Ltd. | Managing Director | 28 Jun 1968 | 58 Years 4 Months | As last reported |
| Apnesh Modi | Whole-Time Director | 01 Jul 1997 | 29 Years 4 Months | As last reported |
Peer comparison
Super Forgings & Steels Ltd is compared with the 5 companies closest to it by revenue in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Steel and Industrial Forgings Limited | ₹76.76 Cr (FY 2025) | 9.0% | Thrissur, Kerala, India | |||
| Versatile Industries (I) Private Limited | ₹76.35 Cr (FY 2024) | -11.0% | Kolhapur, Maharashtra, India | |||
| Shree Spherotech Private Limited | ₹76.02 Cr (FY 2024) | 18.0% | Hatkanangle, Maharashtra, India | |||
| Super Forgings & Steels Ltdthis company | ₹75.82 Cr (FY 2023) | ₹72.04 Lakh | 1% | 30.0% | 19 | Kolkata, West Bengal, India |
| Pravat Fabricators Private Limited | ₹74.81 Cr (FY 2024) | 26.0% | Jamshedpur, Jharkhand, India | |||
| Faisal Roofing Solution (I) Private Limited | ₹74.09 Cr (FY 2025) | 20.0% | Midc Taloja, Maharashtra, India |
To see the full peer comparison of Super Forgings & Steels Ltd, buy the company report.
Auditor
Super Forgings & Steels Ltd is audited by P.K.C. & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P.K.C. & Co. | FY 2023 | 322332E |
Shareholding
The shareholding of Super Forgings & Steels Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Super Forgings & Steels Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 02 Feb 1999 | 80067240 | Canara Bank and State Bank of Bikaner and Jaipur | ₹25.28 Cr | Satisfied | |
| 18 Jun 1998 | 80067548 | Industrial Development Bank of India | ₹12.5 Cr | Satisfied | |
| 31 Jan 1997 | 80067547 | State Bank of Bkaner and Jaipur | ₹6.16 Cr | Satisfied | |
| 17 Oct 1996 | 80067546 | Canara Bank | ₹10 Cr | Satisfied | |
| 23 Mar 1995 | 80067545 | Canara Bank | ₹24 Lakh | Satisfied |
To see the full charge records of Super Forgings & Steels Ltd, buy the company report.
Total charge records: 9 View all charges
Legal cases
Super Forgings & Steels Ltd has 41 court cases on record: 27 filed by Super Forgings & Steels, 14 filed against it. 1 case is pending and 40 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 31 | 5 | 1 |
| District courts | 8 | 7 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 41)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, West Bengal | Court case (APOT) | Filed against the company by M/S Annapurna Cast Ltd | Disposed |
| Calcutta High Court | Court case (CRR) | Filed by the company against Indian Oil Corporation Limited | Disposed |
| Bombay High Court | Appeal | Filed by the company against Ganesh Forge P.Ltd. | Disposed |
| Calcutta High Court | Court case (AST) | Filed by the company against an individual | Pending |
| NCLT, Kolkata | Insolvency matter | Filed against the company by an individual | Disposed |
To see the full case history of Super Forgings & Steels Ltd, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Super Forgings & Steels Ltd has 14 MSME Form 1 returns on record between 2017 and 2023, listing 380 overdue payments to 28 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 28)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Metalex (India) | |||
| Amar Trades Ltd | |||
| Rama Ferro Alloys & Finance Pvt Ltd | |||
| Stores Supply (India) Agency Pvt Ltd | |||
| an individual supplier |
To see the full MSME payment records of Super Forgings & Steels Ltd, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Super Forgings & Steels Ltd has a workforce of 19 employees on its EPFO records as of Mar 28, 2024, across 2 active EPFO establishments.
GST
Super Forgings & Steels has 3 GST registrations: 1 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AAECS0764Q1ZP | West Bengal | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Super Forgings & Steels Ltd, buy the company report.
Recent activity
Super Forgings & Steels Ltd has 25 board changes on record since 1968: 14 appointments and 11 cessations. The latest: Rajiv Kumar Agarwal ceased to be Irp/Rp/Liquidator on 22 Jul 2024.
40 earlier events are in the company report.
Frequently asked questions
Super Forgings & Steels is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Super Forgings & Steels is a company under insolvency, formerly operating as a public limited company based in Kolkata, West Bengal, India. The company works in metal foundry and fabrication services, within the engineering industry. It was incorporated on 28 June 1968 and is registered under CIN L27106WB1968PLC027324. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Super Forgings & Steels has 3 current directors:
- Baij Nath Modi - Managing Director
- Piyush Modi - Whole-Time Director
- Apnesh Modi - Whole-Time Director
The latest financial statements of Super Forgings & Steels on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 07 September 2023. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Super Forgings & Steels is L27106WB1968PLC027324. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Super Forgings & Steels is recorded as a listed company by MCA, but its shares were delisted from NSE on 08 Aug 2018 · compulsory delisting and from BSE on 04 Jul 2018 · compulsory delisting, and no longer trade on a stock exchange.
Super Forgings & Steels has no open charges and satisfied charges of ₹132.63 Cr as per latest MCA filings.
Super Forgings & Steels has 41 court cases on record: 27 filed by the company and 14 filed against it. 1 is pending. Most are in the high courts.
Super Forgings & Steels was incorporated on 28 June 1968. It is registered with the Registrar of Companies, Kolkata.
The peers of Super Forgings & Steels by revenue are Steel and Industrial Forgings Limited, Versatile Industries (I) Private Limited, Shree Spherotech Private Limited, Pravat Fabricators Private Limited, Faisal Roofing Solution (I) Private Limited, all in the Engineering industry (Foundry and Fabrication), with the same principal business activity (metal and metal products).
Rajiv Kumar Agarwal ceased to be Irp/Rp/Liquidator on 22 Jul 2024. Rajiv Kumar Agarwal was appointed as Irp/Rp/Liquidator on 16 Mar 2024. Bhal Chandra Khaitan ceased to be Director on 16 Sep 2023. Super Forgings & Steels has 25 board changes on record in total.
Super Forgings & Steels has 14 MSME Form 1 returns on record between 2017 and 2023, listing 380 overdue payments to 28 micro and small suppliers. The latest return was filed on 03 Nov 2023.
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