Ganga Acrowools Limited logo

Ganga Acrowools Limited

Manufacturer of worsted acrylic and blended yarns for various textile applications.

1994 Ludhiana, Punjab (India) Active

About

Basic Data Updated:

1 month ago

Incorporated in 1994, Ganga Acrowools Limited was established with the purpose of manufacturing worsted acrylic yarn and other blended yarns. Its credit rating report confirms its reputation as a leading producer in the industry. The company's product range includes fine and medium-count yarn, which is widely used in machine knitting, hosiery, hand knitting, and weaving, as well as coarse-count yarn, primarily used in the production of carpets. Located in Ludhiana, Punjab, GAL's manufacturing unit boasts an impressive installed capacity of 12,250 tonnes per annum. This state-of-the-art facility is equipped with the latest technology and machinery, ensuring the production of high-quality yarns. The company's registered office is also situated in Ludhiana, Punjab, reflecting its strong presence in the region. With a commitment to excellence and a focus on meeting the diverse needs of its customers, Ganga Acrowools Limited continues to be a trusted and reliable source for top-quality yarns.

Industry

Company Details

  • Location

    Ludhiana, Punjab, India

  • Website
    12224421
  • Telephone
    12224421
  • Email Address
    12224421
  • Social Media
    12224421
CIN/LLPIN/FCRNU17117PB1994PLC014190
Company No.014190
Company ClassificationPublic Limited Indian Non-Government Company
Incorporation Date02 Feb 1994
Date of AGM30 Sep 2023
Date of Balance Sheet31 Mar 2023
Listing StatusUnlisted
ROC CodeRoc Chandigarh

Products or Services related to Ganga Acrowools Limited

Hosiery Yarn

Textile Yarn

Carpet Yarns

Furnishing Yarns

Weaving Yarns

Weaving Yarn

product
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Ganga Acrowools Limited offers a wide range of products and services, including: Yarns & Threads, Textile Yarn, Furnishing Yarns, Yarn, Weaving Yarn.

Financials of Ganga Acrowools Limited

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Ganga Acrowools Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 20.83% increase. The company also saw a substantial improvement in profitability, with a 113.92% increase in profit. The company's net worth Soared by an impressive increase of 38.37%.

Corporate Structure

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Unlock access to Ganga Acrowools's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

People in Ganga Acrowools Limited

Executive Team (3)

  • ravinder_verma_890898.png
    Ravinder Verma In Managing Director

    Appointment Date: 26-Jul-1999

    Status: Current

  • SJ

    Sumit Jain In Company Secretary

    Appointment Date: 05-Aug-2015

    Status: Current

  • RK

    Rajiv Khanna In CFO

    Appointment Date: 03-Sep-2014

    Status: Current

Board Members(6)

Charges (Loans)

Open Charges Satisfied Charges

₹219.16 cr

₹338.36 cr

LenderAmountStatus

Hdfc Bank Limited

Creation Date: 15 Jun 2022
₹1.45 CrOpen

Hdfc Bank Limited

Creation Date: 26 May 2022
₹1.03 CrOpen

Hdfc Bank Limited

Creation Date: 17 Mar 2022
₹1.80 MOpen

Deals i

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Gain comprehensive insights into the Deals and Valuation data of Ganga Acrowools, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Ganga Acrowools's trajectory.

Rating

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Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alert

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Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Related Corporates (Common Directorship)

  • Ganga Benevolent & Development Foundation

    Ganga Benevolent & Development Foundation

    Active build-icon 3 years 11 months

    Ravinder Verma is a mutual person

  • Sohana Acrowools Private Limited

    Sohana Acrowools Private Limited

    Active build-icon 12 years 8 months

    Ravinder Verma is a mutual person

  • Minar Enterprises Private Limited

    Minar Enterprises Private Limited

    Active build-icon 31 years 4 months

    Ravinder Verma is a mutual person

  • Mitul Industries Private Limited

    Mitul Industries Private Limited

    Active build-icon 28 years 1 month

    Ravinder Verma is a mutual person

  • Minar Spinners Private Limited

    Minar Spinners Private Limited

    Active build-icon 28 years 1 month

    Barkha Thapar is a mutual person

Recent activity within the organization

  • Activity

    Charges

    A charge with Hdfc Bank Limited of Rs. 75.00 cr registered on 22 Jul 2021 with Charge ID 100468837 was modified on 06 Apr 2024.

    06 Apr 2024
  • Activity

    Charges

    A charge with Hdfc Bank Limited of Rs. 21.75 cr registered on 28 Jan 2021 with Charge ID 100415517 was modified on 06 Apr 2024.

    06 Apr 2024
  • Activity

    Charges

    A charge with Axis Bank Limited of Rs. 9.00 cr registered on 04 Mar 2022 with Charge ID 100548136 was modified on 20 Mar 2024.

    20 Mar 2024
  • Activity

    Charges

    A charge with Axis Bank Limited of Rs. 68.00 cr registered on 25 May 2021 with Charge ID 100449195 was modified on 20 Mar 2024.

    20 Mar 2024
  • Activity

    Charges

    A charge with Axis Bank Limited of Rs. 1.00 cr registered on 26 Mar 2021 with Charge ID 100435703 was modified on 20 Mar 2024.

    20 Mar 2024

Frequently asked questions

What is the Incorporation or founding date of Ganga Acrowools Limited?

Ganga Acrowools Limited was incorporated 30 years 3 months ago on 02 Feb 1994 with Registrar of Companies Roc Chandigarh.

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