Ganga Watches Private Limited

Sells watches, jewelry, pens, gifts, leather goods, perfumes, and sunglasses.

2005 | Mumbai, Maharashtra (India) | Active
Last Updated:

Ganga Watches Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 7.40 M
  • Company Age 19 Year, 4 Months
  • Last Filing with ROC 31 Mar 2018
  • Satisfied Charges ₹ 3.53 Cr
  • Revenue Growth -60.88%
  • Profit Growth 48.03%
  • Ebitda 96.25%
  • Net Worth -0.96%
  • Total Assets -1.54%

About Ganga Watches

Ganga Watches Private Limited (GWPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 October 2005 and has a history of 19 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2018. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 7.40 M.

The company has closed loans amounting to ₹3.53 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Prem Agarwal and Devanand Sawant serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gangawatches.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U33300MH2005PTC157031

  • Company No.

    157031

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Oct 2005

  • Date of AGM

    28 Sep 2018

  • Date of Balance Sheet

    31 Mar 2018

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods

Who are the key members and board of directors at Ganga Watches?

Board Members (2)

NameDesignationAppointment DateStatus
Prem Agarwal Country flag representing In Director 20-Oct-2015Current
Devanand Sawant Country flag representing In Additional Director 25-Feb-2016Current

Financial Performance of Ganga Watches.

Ganga Watches Private Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 60.88% decrease. The company also saw a substantial improvement in profitability, with a 48.03% increase in profit. The company's net worth dipped by a decrease of 0.96%.

Ganga Watches revenue growth over time
Ganga Watches profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-60.88%
Revenue from Operations
Total Assets
-1.54%
Profit or Loss
48.03%
Net Worth
-0.96%
EBITDA
96.25%

What is the Ownership and Shareholding Structure of Ganga Watches?

In 2018, Ganga Watches had a promoter holding of 1.35% and a public holding of 98.64%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹3.53 Cr

Charges Breakdown by Lending Institutions

  • Development Credit Bank Limited : 2.48 Cr
  • Canara Bank : 0.75 Cr
  • Indian Overseas Bank : 0.30 Cr

Latest Charge Details

DateLenderAmountStatus
24 Sep 2012Development Credit Bank Limited₹3.00 MSatisfied
12 May 2011Development Credit Bank Limited₹2.00 MSatisfied
16 Dec 2010Development Credit Bank Limited₹3.00 MSatisfied
20 May 2010Development Credit Bank Limited₹1.75 MSatisfied
27 Aug 2008Development Credit Bank Limited₹1.50 CrSatisfied

How Many Employees Work at Ganga Watches?

Unlock and access historical data on people associated with Ganga Watches, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Ganga Watches Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Ganga Watches, 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 Watches's trajectory.

Rating

Graph displaying rating trends over time

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.

Alerts

Alert Indicator

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.

Latest Updates, News, and FAQs on Ganga Watches

Recent activity within the organization

  • Annual General Meeting

    Ganga Watches Private Limited last Annual general meeting of members was held on 28 Sep 2018 as per latest MCA records.

  • Charges

    A charge registered on 27 Aug 2008 via Charge ID 10120537 with Development Credit Bank Limited was fully satisfied on 26 Apr 2018.

  • Balance Sheet

    Ganga Watches Private Limited has filed its annual Financial statements for the year ended 31 Mar 2018 with Roc Mumbai.

  • Director Appointment

    Devanand Maruti Sawant was appointed as a Additional Director was appointed as a Additional Director on 25 Feb 2016 & has been associated with this company since 9 years 8 days .

  • Director Appointment

    Prem Agarwal was appointed as a Director was appointed as a Director on 20 Oct 2015 & has been associated with this company since 9 years 4 months .

  • Charges

    A charge registered on 24 Sep 2012 via Charge ID 10379752 with Development Credit Bank Limited was fully satisfied on 17 Jan 2013.

Frequently asked questions

  • What is the Incorporation or founding date of Ganga Watches Private Limited?

    Ganga Watches Private Limited was incorporated on 25 Oct 2005.

  • What is authorized share capital and paid-up capital of Ganga Watches Private Limited?

    The authorized share capital of Ganga Watches Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.40 M.

  • Who are the current board members & directors of Ganga Watches Private Limited?

    Currently 2 directors are associated with Ganga Watches Private Limited.

    • Prem Agarwal
    • Devanand Maruti Sawant
  • What is the registered address of Ganga Watches Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Ganga Watches Private Limited is Aurus Chambers C.S. No. 286(Part) S.S. Amrutwar Marg Behind Mahindra Towers, Worli India, Mumbai, Maharashtra, 400013.

  • What is the corporate identification number (CIN) and company number of Ganga Watches Private Limited?

    The corporate identification number (CIN) of Ganga Watches Private Limited is U33300MH2005PTC157031 and the company number is 157031 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Ganga Watches Private Limited?

    The Official website of Ganga Watches Private Limited is https://www.gangawatches.com

  • What has been the recent revenue trend for Ganga Watches Private Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for Ganga Watches Private Limited has fallen by -60.88%.

  • What change has been observed in the net worth of Ganga Watches Private Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Ganga Watches Private Limited has experienced an downturn of -0.96%.

  • When was the last Balance Sheet of Ganga Watches Private Limited filed with the ROC?

    The most recent Balance Sheet for Ganga Watches Private Limited was filed with the ROC on 31 Mar 2018.

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