MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-23-0003889
Varmora Forge Private Limited - machinery and equipment in Wadhwan, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹14.12 Cr
▲ 50% YoY
Net profit · FY 2024
₹1.32 Cr
Net margin 9.3%
EBITDA · FY 2024
₹1.76 Cr
EBITDA margin 12.5%
Authorised capital
₹75 Lakh
Registered with MCA
Paid-up capital
₹74.25 Lakh
Issued & subscribed
Open charges
₹4.79 Cr
Satisfied ₹2.53 Cr
Company age
18 yrs
Est. 2008
Directors on board
2
As per MCA filings
About Varmora Forge Private Limited
Data last updated:
Varmora Forge Private Limited is a private limited company based in Wadhwan, Gujarat, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 03 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U24100GJ2008PTC053123. Its GSTIN is 24AACCV6835D2ZF (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹74.25 Lakh. It is led by directors Tarun Gordhanbhai Varmora and Dipen Bhaveshbhai Varmora.
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 Plot No. 53 To 62 Phase – 1 GIDC Estate, Wadhwan, Gujarat, India – 363035.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.12 Cr, a growth of 50% compared to the previous year. For the same year it recorded a net profit of ₹1.32 Cr (net margin 9.3%) and EBITDA of ₹1.76 Cr (EBITDA margin 12.5%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years and 14% over five years.
The company is associated with 1 brand: Varmora Forge. As per MCA filings, the company has open charges of ₹4.79 Cr and satisfied charges of ₹2.53 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Varmora Forge Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-23-0003889). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website varmoraforge.com.
Company Details of Varmora Forge Private Limited
CIN U24100GJ2008PTC053123
Registration Number 053123
Incorporation Date 03 March 2008
ROC Ahmedabad
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-GJ-23-0003889
Recognitions & Rankings of Varmora Forge
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressPlot No. 53 To 62 Phase – 1 GIDC Estate, Wadhwan, Gujarat, India – 363035
- IndustryMachinery and Equipment, Industrial Tools & Components
Comprehensive company report
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Associated Brands with Varmora Forge Private Limited
Varmora Forge operates one associated brand: Varmora Forge. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying of fasteners, including bolts, nuts, and washers in India. | varmoraforge.com |
Business Activity of Varmora Forge Private Limited
The main business activity of Varmora 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.
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Financials of Varmora Forge Private Limited FY 2025 filings available
Varmora Forge Private Limited reported revenue of ₹14.12 Cr (up 50% YoY) for FY 2024.
Revenue · FY 2024
₹14.12 Cr ▲ 50%
Net profit · FY 2024
₹1.32 Cr margin 9.3%
EBITDA · FY 2024
₹1.76 Cr margin 12.5%
Compounded Annual Growth Rate (CAGR) of Varmora Forge Private Limited
Revenue CAGR growth
1 year
▲ 50%
3 years · compounded
▲ 15%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 30%
3 years · compounded
▲ 33%
5 years · compounded
▲ 35%
Revenue has grown at a compounded annual rate (CAGR) of 14% over five years, including 50% growth in the latest year. EBITDA rose 30% 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 Varmora 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 | ₹1.76 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹1.32 Cr | •••• | •••• | •••• | •••• |
| 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 Varmora Forge Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 12.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 9.3% | •••• | •••• | •••• | •••• |
| 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 Varmora Forge are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Varmora Forge Private Limited
Varmora Forge has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Tarun Gordhanbhai Varmora | Director | 30 Apr 2019 | 7 Years 5 Months | Current |
| Dipen Bhaveshbhai Varmora | Additional Director | 09 May 2024 | 2 Years 5 Months | Current |
Peer Comparison of Varmora Forge Private Limited
Varmora 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 |
|---|---|---|---|---|---|---|
| Newar Metals Private Limited | ₹14.24 Cr (FY 2024) | •••• | •••• | 43.0% | •••• | Delhi, India |
| Neoseal Enginneering Private Limited | ₹14.2 Cr (FY 2024) | •••• | •••• | 25.0% | •••• | Gandhinagar, Gujarat, India |
| Laxmi Udyog Oil Field Equipments Private Limited | ₹14.19 Cr (FY 2025) | •••• | •••• | -62.0% | •••• | Maharashtra, India |
| Shree Radhekrishna Extrutech Private Limited | ₹14.17 Cr (FY 2024) | •••• | •••• | •••• | Ahmedabad, Gujarat, India | |
| S2g Electroventures Private Limited | ₹14.16 Cr (FY 2025) | •••• | •••• | 89.0% | •••• | Khed, Maharashtra, India |
| Varmora Forge Private Limited this company | ₹14.12 Cr (FY 2024) | •••• | •••• | 50.0% | •••• | Wadhwan, Gujarat, India |
| Eskay Engichem Private Limited | ₹14.11 Cr (FY 2025) | •••• | •••• | 15.0% | •••• | Pune, Maharashtra, India |
| Meeta Screws Private Limited | ₹14.1 Cr (FY 2024) | •••• | •••• | 390.0% | •••• | Aurangabad, Maharashtra, India |
| Apar Engineers Private Limited | ₹14.1 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mohali, Punjab, India |
| Multi Fastners Private Limited | ₹14.07 Cr (FY 2025) | •••• | •••• | -10.0% | •••• | Vadodara, Gujarat, India |
| Ashok Punch Arts Private Limited | ₹14.07 Cr (FY 2024) | •••• | •••• | 17.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Varmora 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 Varmora Forge Private Limited
Varmora Forge Private Limited is audited by D B PATEL & CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| D B PATEL & 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 Varmora Forge Private Limited
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Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Varmora Forge Private Limited
Open charges
₹4.79 Cr
Satisfied charges
₹2.53 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Aug 2025 | Sidbi | ₹50 Lakh | Open |
| 17 Oct 2024 | Sidbi | ₹41.18 Lakh | Open |
| 06 Dec 2013 | State Bank of India | ₹3.88 Cr | Open |
| 24 Jun 2008 | State Bank of India | ₹2.53 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Varmora Forge Private Limited
Varmora Forge Private Limited has 1 court case on record: 1 filed by Varmora Forge. All case is disposed. Status as checked on 30 Sep 2026.
Total cases
1
Filed by the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Surendranagar, Gujarat | Civil suit | Filed by the company against Fermos Engineering Private Limited | Disposed |
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Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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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.
Employees and EPFO Compliance at Varmora Forge Private Limited
Employment history and EPFO contributions of people linked to Varmora Forge.
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Varmora Forge Private Limited
Varmora Forge Private Limited has 8 board changes on record since 2008: 5 appointments and 3 cessations. The latest: Bhavnaben Bhaveshkumar Varmora ceased to be Director on 10 May 2024.
Charges
A charge with State Bank Of India of Rs. 388.00 Lakh registered on 06 Dec 2013 with Charge ID 10470489 was modified on 29 Dec 2025.
AGM
Varmora Forge Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge with Sidbi amounted to Rs. 50.00 Lakh with Charge ID 101145137 was registered on 29 Aug 2025.
Filing
Varmora Forge Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Sidbi amounted to Rs. 41.18 Lakh with Charge ID 100993360 was registered on 17 Oct 2024.
Ceased
Bhavnaben Bhaveshkumar Varmora ceased to be Director.
Ceased
Rashmiben Tarunkumar Varmora ceased to be Director.
Appointed
Dipen Bhaveshbhai Varmora was appointed as Additional Director.
Charges
A charge registered on 24 Jun 2008 via Charge ID 10115770 with State Bank Of India was fully satisfied on 20 Aug 2019.
Ceased
Praful Parsotambhai Varmora ceased to be Director.
Appointed
Tarun Gordhanbhai Varmora was appointed as Director.
Charges
A charge with State Bank Of India amounted to Rs. 388.00 Lakh with Charge ID 10470489 was registered on 06 Dec 2013.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Varmora Forge Private Limited
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MSME Payment Delays by Varmora Forge Private Limited
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Subsidiaries & Group Companies of Varmora Forge Private Limited
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Corporate group structure
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GST Compliance of Varmora Forge Private Limited
Varmora Forge has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCV6835D2ZF | Gujarat | Active | 01 Jul 2017 |
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MCA Filings & Documents of Varmora Forge Private Limited
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Frequently Asked Questions about Varmora Forge Private Limited
Varmora Forge is an active private limited company based in Wadhwan, Gujarat, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 03 March 2008 (18+ years old) and is registered under CIN U24100GJ2008PTC053123.
Varmora Forge reported revenue of ₹14.12 Cr for FY 2024 (up 50% YoY).
Varmora Forge has 2 current directors:
- Tarun Gordhanbhai Varmora - Director
- Dipen Bhaveshbhai Varmora - Additional Director
Varmora Forge reported a net profit of ₹1.32 Cr (net margin 9.3%) and EBITDA of ₹1.76 Cr (EBITDA margin 12.5%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Varmora Forge is 15% over three years and 14% over five years. In the latest year (FY 2024) revenue rose 50%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Varmora Forge is 24AACCV6835D2ZF, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Varmora Forge is U24100GJ2008PTC053123. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Varmora Forge has 1 court case on record: 1 filed by the company.
Varmora Forge was incorporated on 03 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Varmora Forge by revenue are Newar Metals Private Limited, Neoseal Enginneering Private Limited, Laxmi Udyog Oil Field Equipments Private Limited, Shree Radhekrishna Extrutech Private Limited, S2g Electroventures Private Limited and 5 more, all in the Machinery and Equipment industry (Tools and Components).
Bhavnaben Bhaveshkumar Varmora ceased to be Director on 10 May 2024. Rashmiben Tarunkumar Varmora ceased to be Director on 10 May 2024. Dipen Bhaveshbhai Varmora was appointed as Additional Director on 09 May 2024. Varmora Forge has 8 board changes on record in total.