- Category
- Micro (2024-25)
- Udyam number
- UDYAM-MH-26-0243163

Victory Forge India Limited
About Victory Forge India Limited
Data last updated:
Victory Forge India Limited is a public limited company based in Pune, Maharashtra, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 08 March 2022.
The company is registered with the Registrar of Companies (ROC), Pune, under CIN U29309PN2022PLC209173. Its GSTIN is 27AAICV5957E1ZX (Maharashtra).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹5 Cr. It is led by directors including Punit Kumar Khare and Bhavika Bharat Sanghvi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Sr No. 78/1 Ramayan Bangla Walhekarwadi, Pune, Maharashtra, India – 411033.
As per the financials filed for FY 2024, the company reported a revenue of ₹44.5 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹42,230 (net margin 0.9%) and EBITDA of ₹9.97 Lakh (EBITDA margin 22.4%).
As per MCA filings, the company has open charges of ₹14.6 Cr on record. The company has 2 deals on record (1 secondary share transfer, 1 rights issue); the latest was in March 2024.
Victory Forge India Limited is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-26-0243163). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Recognitions & Rankings of Victory Forge India
Contact details
Victory Forge India Limited's registered office is in Pune, Maharashtra.
- Registered AddressSr No. 78/1 Ramayan Bangla Walhekarwadi, Pune, Maharashtra, India – 411033
- IndustryMachinery and Equipment, Industrial Tools & Components
- 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 Victory Forge India is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities |
To see the full business activity and turnover split of Victory Forge India Limited, buy the company report.
Financials of Victory Forge India Limited
FY 2024 filings availableVictory Forge India Limited reported revenue of ₹44.5 Lakh (up 1059% YoY) for FY 2024.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| EBITDA | ₹9.97 Lakh | ||
| Profit Before Tax | |||
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| Net Profit (PAT) | ₹42,230 | ||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 |
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| Profitability | |||
| EBITDA Margin | 22.4% | ||
| Net Profit Margin | 0.9% | ||
| Return on Equity (ROE) | |||
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To see the full financial statements and ratios of Victory Forge India Limited, buy the company report.
Board of directors of Victory Forge India Limited
Victory Forge India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Punit Kumar Khare Also directs: Nexora Advanced Ordnance Private Limited | Director | 11 Jan 2024 | 2 Years 9 Months | Current |
| Bhavika Bharat Sanghvi Also directs: Rayco India Gypsum Private Limited | Director | 08 Mar 2022 | 4 Years 7 Months | Current |
| Bharat Babulal Sanghvi | Director | 08 Mar 2022 | 4 Years 7 Months | Current |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 May 2023 | 100720583 | Others | ₹14.6 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
Victory Forge India Limited has 2 deals on record (1 secondary share transfer, 1 rights issue); the latest was in March 2024.
Deals on record (2 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2024 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Mar 2024 | Rights issue | ₹4.9 Cr | Investors: an individual |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Victory Forge India Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Victory Forge India Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Victory Forge India has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAICV5957E1ZX | Maharashtra | Active | 06 Apr 2022 |
To see the full GST registrations and return filing status of Victory Forge India Limited, buy the company report.
Recent activity
Victory Forge India Limited has 5 board changes on record since 2022: 3 appointments and 2 cessations. The latest: Punit Kumar Khare ceased to be Additional Director on 29 Sep 2024.
Frequently asked questions
Victory Forge India is an active public limited company based in Pune, Maharashtra, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 08 March 2022 (4+ years old) and is registered under CIN U29309PN2022PLC209173.
Victory Forge India has 3 current directors:
- Punit Kumar Khare - Director
- Bhavika Bharat Sanghvi - Director
- Bharat Babulal Sanghvi - Director
The latest financial statements of Victory Forge India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2022 are in the company report.
The GSTIN of Victory Forge India is 27AAICV5957E1ZX, registered in Maharashtra.
The CIN (Corporate Identification Number) of Victory Forge India is U29309PN2022PLC209173. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Victory Forge India was incorporated on 08 March 2022, making it 4+ years old. It is registered with the Registrar of Companies, Pune.
Victory Forge India has 2 deals on record (1 secondary share transfer, 1 rights issue); the latest was in March 2024.
Punit Kumar Khare ceased to be Additional Director on 29 Sep 2024. Punit Kumar Khare was appointed as Director on 11 Jan 2024. Rajendra Karbhari Salve ceased to be Director on 11 Jan 2024. Victory Forge India has 5 board changes on record in total.
Yes, Victory Forge India is registered as a micro enterprise under Udyam registration (number: UDYAM-MH-26-0243163).
The registered office of Victory Forge India is at Sr No. 781 Ramayan Bangla Walhekarwadi, Pune, Maharashtra, India – 411033.

