Promoter holding
64.27%
AI
Amforge Industries Limited - Due diligence report
A 360° intelligence report on Amforge Industries: trust score, financial health, credit view, compliance, directors, growth and distress sig…
Full Due-Diligence Report + Documents
- Unlock all financial figures & 5-year trends
- Full trust, health & credit-risk scores
- Director details, charges & MCA documents
₹700
₹349
50% off
New user
Or enjoy up to 50% off with credits
View credit packages
Company Credits – Starter
- One credit unlocks this full due-diligence report
- Use across any company’s report, anytime
- Credits valid for 12 months
Choose your own credit amount
View credit packages
Amforge Industries — 360° Intelligence Report
Generated from MCA filings & public records81/100
Trust Score
Low Risk
Amforge Industries is assessed as Low Risk with a Trust Score of 81/100. Amforge Industries is an active public limited indian non-government company incorporated in 1971, operating in the Automotive sector. Reported revenue has declined across its recent filed years. It was profitable in its latest filed year. Based on MCA filings and public records, it currently shows a moderate compliance risk and low financial risk profile.
Report generated on 15 Jul 2026 from the latest processed filings. Amforge Industries Limited snapshot & full profile →
Automated indicators derived from public MCA / GST / EPFO records - not a credit rating, not investment, legal or financial advice. Spotted an inaccuracy? Report an error.
02
Score Card
Higher is safer · rule-based & explainableTrust ScoreLow Risk
81/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreModerate
50/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreLow Risk
95/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreLow Risk
95/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreModerate
55/100
Revenue, profit, asset and hiring momentum.
Distress ScoreLow Risk
90/100
Early-warning signals - higher means fewer warnings.
03
Financial Intelligence Dashboard
Standalone · 5 filed year(s)Unlock the full 5-year financial dashboard with charts and year-wise figures.
Get full accessScores and observations on this page are already computed from the real filings - only the underlying figures are locked.
04
Credit & Compliance Intelligence
Why the scores are what they are
Credit Risk Score: 95/100 Low Risk
- Liabilities ≈ 38% EBITDA - serviceable.
- No open charges - unencumbered balance sheet.
- Moderate gearing (D/E 1.42).
- Working-capital cover adequate.
- Profitable - internal accruals available.
Charges position: 0 open (-) · 54 satisfied (258.36 cr).
Banking relationships (from registered charges)
| Lender | Charges | Amount |
|---|---|---|
| State Bank Of India | 14 | 48.0 cr |
| The Indl. Credit Ad Ivestment Corporation India Ltd. | 1 | 48.0 cr |
| Gda Trustee And Concultancy Pvt Ltd. | 1 | 48.0 cr |
| Anz Grindlays Bank | 2 | 48.0 cr |
| Indl. Devlopment Bank Of India | 2 | 48.0 cr |
| The Indl. Credit And Ivestment Corporation | 1 | 48.0 cr |
Compliance Score: 50/100 Moderate
- Company status is Active as per MCA.
- Annual filings current (balance sheet Mar 2025).
- Flagged by authority: DSE.
- Litigation present in 3 court forum(s).
- 1 active GST registration(s).
Legal cases on record (3)
05
Director Intelligence
Stability score: 95/100| Name | DIN / PAN | Designation | Appointed | Tenure | DIN status |
|---|---|---|---|---|---|
| ARCHANA MAKAR SOI | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| NAVIN CHANDRAMANI SHARMA | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| SANJAY RAJARAM POSAM | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| JAYESH VINODCHANDRA THAKKAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| PUNEET YOGIRAJ MAKAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| JAYESH VINODCHANDRA THAKKAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| AJIT PANDURANG WALWAIKAR | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Bhavana Divyesh Shah | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
| Balasubramanian Mayandi Konar | 01234567 | Director | 01/04/2018 | 6 yrs | Approved |
- 9 directors on the board.
- No disqualified or deactivated DINs.
- Stable board - no exits in 3 years.
Director & KMP remuneration (FY 2025)
| Name | Designation | Total remuneration |
|---|---|---|
| A K Sharma | Managing Director | 2.4 cr |
| R Mehta | Whole-time Director | 1.6 cr |
| S Iyer | CFO | 95.0 L |
Remuneration is disclosed in the latest annual return. Unlock full report
06
Ownership & Group Intelligence
As per FY 2025 annual returnPublic / other holding
35.73%
Equity shares
12,45,67,890
Equity paid-up
124.5 cr
Promoters on record
4
Ultimate holding entity
-
Subsidiaries
-
Group entities
1
Capital events
0 allotment(s) · 1 transfer(s)
Promoters hold a majority stake - exact percentages are part of the full report.
| Group entity | Relationship | % held |
|---|---|---|
| Viniyog Investment And Trading Company Private Limited | Associate Company | 74.00% |
| Nainesh Trading And Consultancy Llp | Associate Company | 74.00% |
Key managerial personnel: JAYESH VINODCHANDRA THAKKAR (CEO) · JAYESH VINODCHANDRA THAKKAR (CEO)
Full shareholding pattern, group structure & capital events →
07
Risk Intelligence Center
Growth 55 · Distress 90
Growth signals & trust indicators
Profit expanded 2.1x year-on-year.
Net margin improved to 24%.
Operating for 55+ years.
Active GST registration(s).
Distress signals & risk flags
Compliance score is weak (50/100).
3 court case(s) on record - see the legal section for details.
08
Stakeholder Verdicts
Vendor · Banker · InvestorVendor due diligence71/100
Favourable indicators
Suitability as a supplier / customer counterparty.
- Check the compliance flags before onboarding.
- No distress signals on file.
- Financial filings available for verification.
Banker assessment84/100
Favourable lending indicators
Indicative lending comfort for banks, NBFCs and trade credit.
- Debt capacity assessed from filed statements.
- No existing security registered - first-charge position available.
- Compliance gaps should be priced into terms.
Investor view76/100
Positive growth indicators
Growth quality and scalability through an investor lens.
- 2 growth signal(s) detected.
- Margin and return trends computable from filings.
- Management team looks stable.
09
MCA Filings & Events Timeline
Latest 15 events25 Sep 2025
Last AGM held
Annual general meeting
31 Mar 2025
Latest balance sheet
Filed with ROC
06 Dec 2024
Director appointed
Bhavana Divyesh Shah (Company Secretary)
27 Jul 2024
Director appointed
JAYESH VINODCHANDRA THAKKAR (CEO)
22 Jul 2024
Director appointed
Balasubramanian Mayandi Konar (Cfo)
24 May 2024
Director appointed
JAYESH VINODCHANDRA THAKKAR (CEO)
15 Sep 2022
Director ceased
NAVIN CHANDRAMANI SHARMA
Director ceased
SANJAY RAJARAM POSAM
05 Aug 2022
Director appointed
NAVIN CHANDRAMANI SHARMA (Director)
Director appointed
SANJAY RAJARAM POSAM (Director)
15 Sep 2021
Director ceased
ARCHANA MAKAR SOI
11 Nov 2020
Director appointed
ARCHANA MAKAR SOI (Director)
Director appointed
AJIT PANDURANG WALWAIKAR (Director)
02 Aug 2020
Director ceased
CHETAN PRAKASH PANIA
15 Sep 2019
Director ceased
SUNIL KEWALKISHAN AGGARWAL
10
Key Observations
Auto-generated from the data aboveRevenue declined 0.86 over the last 4 financial year(s).
Debt-to-equity stands at 61% - manageable leverage.
Net worth is positive.
9 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
All 54 registered charge(s) stand satisfied - past borrowings repaid.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a majority stake as per the FY 2025 annual return.
Director / KMP remuneration is disclosed in the latest annual return - exact figures available in the full report.
| Company | CIN | Location |
|---|---|---|
| Ganodaya Finlease Ltd | L51226WB1986PLC040287 | Kolkata, West Bengal, India |
| Induscapital | U67190MH2010PTC209634 | Mumbai, Maharashtra, India |
| Scan Infrastructure Limited | L70109WB1981PLC033896 | Kolkata, West Bengal, India |
| Amit Securities Limited | L65990MH1992PLC067266 | Mumbai, Maharashtra, India |
| Mantra Capital Limited | L67120MH1983PLC031614 | Mumbai, Maharashtra, India |
| Tamboli Capital | L65993GJ2008PLC053613 | Bhavnagar, Gujarat, India |
| Jmd Digital | L67190MH2000PLC033180 | Mumbai, Maharashtra, India |
| Vaho Forex Private Limited | U67190DL2005PTC143066 | New Delhi, Delhi, India |
12
Who Uses This Report
CA · CS · Banker · Investor · VendorChartered Accountants (CA)
Verify Amforge Industries before audits and certifications: compliance score 50/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.
Company Secretaries (CS)
Track statutory health of Amforge Industries: ACTIVE compliance status, annual-return recency, director DIN status, board churn and the events timeline - the inputs for secretarial audits and due-diligence certificates.
Bankers & NBFCs
Current banker verdict: Favourable lending indicators. Credit risk score 95/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.
Investors & Analysts
Investor view: Positive growth indicators. Growth score 55/100, margin trends, ownership structure and peer set for Amforge Industries - screening before a deeper diligence.
Vendors & Procurement Teams
Vendor verdict: Favourable indicators. Trust score 81/100, distress signals and MSME payment-delay disclosures - know whether Amforge Industries pays its suppliers before you extend credit terms.
Lawyers & Compliance Teams
Litigation footprint (3 case(s) on record), regulatory flags, charge documents trail and director networks for Amforge Industries - groundwork for KYC, onboarding and disputes.
13
Frequently Asked Questions
Is Amforge Industries an active company?
Amforge Industries has MCA status “Active” with a compliance score of 50/100 (Moderate).
Is Amforge Industries financially healthy?
Amforge Industries has a Financial Health Score of 95/100 (Low Risk) based on its filed financial statements.
Should I do business with Amforge Industries?
Its overall Trust Score is 81/100 (Low Risk). Vendor verdict: Favourable indicators. Review the risk flags in the Risk Intelligence Center before deciding.
Who controls Amforge Industries?
Promoters hold a majority stake - exact percentages are in the full report. 9 active director(s) are on record.
Does Amforge Industries have loans or charges against its assets?
No open charges - all 54 registered charge(s) stand satisfied, indicating past borrowings were repaid.
Is Amforge Industries up to date with its ROC filings?
Annual filings current (balance sheet Mar 2025). Overall compliance score: 50/100 (Moderate).
Is it risky to lend to Amforge Industries?
Its Credit Risk Score is 95/100 (Low Risk). Banker verdict: Favourable lending indicators.
Disclaimer: This report is generated automatically from MCA filings and public records as available
in our system at the time of the last update. Scores, bands and verdicts are rule-based derived indicators of the
underlying data - they are opinions generated by an algorithm, not statements of fact about the company, and are
not credit ratings (within the meaning of SEBI regulations), audits, or investment, legal or financial advice.
Verify from official sources and consult a qualified professional before any business, lending or investment decision.
If you represent this company and believe any information is inaccurate or outdated,
report it here and we will review promptly.
