Force Appliances Private Limited - Due diligence report

A 360° intelligence report on Force Appliances Private Limited: trust score, financial health, credit view, compliance, directors, growth an…

1988-05-09 Aurangabad, Maharashtra Active Unlisted Active Compliant
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Force Appliances Private Limited — 360° Intelligence Report

Generated from MCA filings & public records
42/100
Trust Score
Caution Indicated

Force Appliances Private Limited is assessed as Caution Indicated with a Trust Score of 42/100. Force Appliances Private Limited is an active private limited indian non-government company incorporated in 1988, operating in the E-Commerce sector. Reported revenue has declined across its recent filed years. It reported a loss in its latest filed year. Based on MCA filings and public records, it currently shows a high compliance risk and high financial risk profile.

Report generated on 04 Jul 2026 from the latest processed filings. Force Appliances Private Limited snapshot & full profile →

Overall Assessment CautionWeakNeutralGoodStrong Weak
Compliance › Caution

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 & explainable
Trust ScoreCaution Indicated
42/100
Overall counterparty trust - the headline number of this report.
Compliance ScoreCaution Indicated
25/100
Statutory standing - status, filings, auditor, MSME and litigation.
Financial Health ScoreCaution Indicated
5/100
Profitability, leverage and liquidity from filed statements.
Credit Risk ScoreCaution Indicated
40/100
Debt capacity, gearing and security cover for lenders.
Director Stability ScoreLow Risk
95/100
Board strength, DIN status, churn and network.
Growth ScoreCaution Indicated
40/100
Revenue, profit, asset and hiring momentum.
Distress ScoreCaution Indicated
30/100
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.

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Scores 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: 40/100 Caution Indicated
  • Negative operating earnings - debt service depends on external support.

Charges position: 4 open (412.25 cr) · 2 satisfied (120.00 cr).

Banking relationships (from registered charges)
LenderChargesAmount
Ifci Limited1 48.0 cr
Bank Of Baroda1 48.0 cr
State Bank Of Hyderabad1 48.0 cr
Others1 48.0 cr
Punjab Natoinal Bank1 48.0 cr
Ifin Securities Finance Limited1 48.0 cr
Compliance Score: 25/100 Caution Indicated
  • Company status is Active as per MCA.
  • Last balance sheet is for Mar 2021 - filings overdue.
  • Flagged by authority: SEBI.
  • Litigation present in 3 court forum(s).
  • 1 active GST registration(s).
Legal cases on record (3)
05

Director Intelligence

Stability score: 95/100
NameDIN / PANDesignationAppointedTenureDIN status
JITENDRA DEVIDASRAO UGLE 01234567 Director 01/04/2018 6 yrs Approved
VAIBHAV LAXMAN TANKSALI 01234567 Director 01/04/2018 6 yrs Approved
  • 2 directors on the board.
  • No disqualified or deactivated DINs.
  • Stable board - no exits in 3 years.
  • Average tenure above 5 years.
06

Ownership & Group Intelligence

As per FY 2019 annual return
Promoter holding
64.27%
Public / 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
-
Capital events
-

Promoters hold a dominant controlling stake - exact percentages are part of the full report.

Full shareholding pattern, group structure & capital events →

07

Risk Intelligence Center

Growth 40 · Distress 30
Growth signals & trust indicators
Operating for 38+ years.
Active EPFO - real payroll on record.
Active GST registration(s).
Distress signals & risk flags
Revenue declined year-on-year.
Losses deepening year-on-year.
Negative net worth.
Statutory filings appear overdue.
Compliance score is weak (25/100).
4 open charge(s) registered - assets are encumbered.
3 court case(s) on record - see the legal section for details.
08

Stakeholder Verdicts

Vendor · Banker · Investor
Vendor due diligence32/100
Caution indicated
Suitability as a supplier / customer counterparty.
  • Check the compliance flags before onboarding.
  • 4 distress signal(s) - see Risk Center.
  • Financial filings available for verification.
Banker assessment26/100
Enhanced diligence advised
Indicative lending comfort for banks, NBFCs and trade credit.
  • Debt capacity assessed from filed statements.
  • 4 open charge(s) of 412.25 cr already registered.
  • Compliance gaps should be priced into terms.
Investor view28/100
Limited indicators at present
Growth quality and scalability through an investor lens.
  • No clear growth signals in the filed years.
  • Margin and return trends computable from filings.
  • Management team looks stable.
09

MCA Filings & Events Timeline

Latest 15 events
20 Dec 2021
Last AGM held
Annual general meeting
05 May 2021
Director ceased
JAYESH SURYAKANT VAGAL
31 Mar 2021
Latest balance sheet
Filed with ROC
18 Sep 2020
Director appointed
VAIBHAV LAXMAN TANKSALI (Additional Director)
Director ceased
SUBHASH SHRIPAD NABAR
31 Oct 2018
Director appointed
JITENDRA DEVIDASRAO UGLE (Additional Director)
Director ceased
YATINDER VIR SINGH
16 Oct 2018
Director ceased
SUBHASH SHAMSUNDER DAYAMA
27 Dec 2017
Charge created
Others - 88.00 cr
10 Sep 2015
Charge created
Ifci Limited - 200.00 cr
23 Mar 2015
Charge created
Ifin Securities Finance Limited - 4.25 cr
10 Aug 2011
Charge created
Bank Of Baroda - 120.00 cr
25 May 2011
Charge satisfied
State Bank Of Hyderabad
25 Aug 2009
Director ceased
SATISH BALKISAN MAWAL
01 Dec 2007
Director ceased
VENUGOPAL NANDLAL DHOOT
10

Key Observations

Auto-generated from the data above
Revenue declined 38% over the last 4 financial year(s).
Net profit margin moved from 1.42 to 2.1x.
2 active director(s) / partner(s); board looks stable and experienced.
1 active GST registration(s) indicate ongoing business operations.
EPFO-registered employer - verifiable payroll history exists.
Promoters hold a dominant controlling stake as per the FY 2019 annual return.
11

Peers & Related Companies

Full peer comparison →
CompanyCINLocation
Ashdil Trading Company Pvt Ltd U51109WB1994PTC063125 Kolkata, West Bengal, India
Gemini Hitech Distribution India Private Limited U45400DL2007PTC163967 New Delhi, Delhi, India
Ajanta Marbles Private Limited U26920WB1993PTC243870 Siliguri, West Bengal, India
Golden Tulip Impex (India) Private Limited U51217TG2008PTC060638 Hyderabad, Telangana, India
Asmi Print & Merchandise Private Limited U52100MH2012PTC238059 Thane, Maharashtra, India
Beachem Private Limited U51909DL2017FTC317584 New Delhi, Delhi, India
Taurus Universe Exports Private Limited U74999WB2018PTC228621 Kolkata, West Bengal, India
Omaa Agro Technology Private Limited U74999TG2017PTC113880 Hyderabad, Telangana, India
12

Who Uses This Report

CA · CS · Banker · Investor · Vendor
Chartered Accountants (CA)

Verify Force Appliances Private Limited before audits and certifications: compliance score 25/100, filing history, auditor history and charge records in one place - instead of pulling each MCA form separately.

Company Secretaries (CS)

Track statutory health of Force Appliances Private Limited: 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: Enhanced diligence advised. Credit risk score 40/100, existing charge position and lender relationships - a first-pass credit memo before formal appraisal.

Investors & Analysts

Investor view: Limited indicators at present. Growth score 40/100, margin trends, ownership structure and peer set for Force Appliances Private Limited - screening before a deeper diligence.

Vendors & Procurement Teams

Vendor verdict: Caution indicated. Trust score 42/100, distress signals and MSME payment-delay disclosures - know whether Force Appliances Private Limited 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 Force Appliances Private Limited - groundwork for KYC, onboarding and disputes.

13

Frequently Asked Questions

Is Force Appliances Private Limited an active company?

Force Appliances Private Limited has MCA status “Active” with a compliance score of 25/100 (Caution Indicated).

Is Force Appliances Private Limited financially healthy?

Force Appliances Private Limited has a Financial Health Score of 5/100 (Caution Indicated) based on its filed financial statements.

Should I do business with Force Appliances Private Limited?

Its overall Trust Score is 42/100 (Caution Indicated). Vendor verdict: Caution indicated. Review the risk flags in the Risk Intelligence Center before deciding.

Who controls Force Appliances Private Limited?

Promoters hold a dominant controlling stake - exact percentages are in the full report. 2 active director(s) are on record.

Does Force Appliances Private Limited have loans or charges against its assets?

4 open charge(s) are registered against its assets, and 2 earlier charge(s) stand satisfied.

Is Force Appliances Private Limited up to date with its ROC filings?

Last balance sheet is for Mar 2021 - filings overdue. Overall compliance score: 25/100 (Caution Indicated).

Is it risky to lend to Force Appliances Private Limited?

Its Credit Risk Score is 40/100 (Caution Indicated). Banker verdict: Enhanced diligence advised.

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.