Garg Abrasives Private Limited

Manufactures bonded abrasives and grinding wheels, established in 2018 with headquarters in Delhi.

2018 | Delhi (India) | Active
Last Updated: November 17, 2024

Garg Abrasives Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 7.00 M
  • Company Age 6 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4.90 Cr
  • Revenue Growth 345.65%
  • Profit Growth 160.56%
  • Ebitda 403.71%
  • Net Worth 38.34%
  • Total Assets 172.52%

About Garg Abrasives

Garg Abrasives Private Limited (GAPL) is a Private Limited Indian Non-Government Company incorporated in India on 16 April 2018 (Six years and ten months 14 days old ). Its registered office is in Delhi, India.

The Company is engaged in the Machinery And Equipment Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 7.00 M and a paid-up capital of Rs 7.00 M.

The company currently has active open charges totaling ₹4.90 Cr.

Tarun Gupta, Rashimi Gupta, and Rishabh Gupta serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U52201DL2018PTC332555

  • Company No.

    332555

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Apr 2018

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

Who are the key members and board of directors at Garg Abrasives?

Financial Performance of Garg Abrasives.

Garg Abrasives Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 345.65% increase. The company also saw a substantial improvement in profitability, with a 160.56% increase in profit. The company's net worth Soared by an impressive increase of 38.34%.

Graph illustrating revenue growth over time
Graph showing 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
345.65%
Revenue from Operations
345.70%
Total Assets
172.52%
Profit or Loss
160.56%
Net Worth
38.34%
EBITDA
403.71%

What is the Ownership and Shareholding Structure of Garg Abrasives?

In 2023, Garg Abrasives had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹49.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 4.90 Cr

Latest Charge Details

DateLenderAmountStatus
22 Mar 2022State Bank Of India₹4.90 CrOpen

How Many Employees Work at Garg Abrasives?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Garg Abrasives, 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 Garg Abrasives'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 Garg Abrasives

Recent activity within the organization

  • Annual General Meeting

    Garg Abrasives Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Garg Abrasives Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 49.00 M registered on 22 Mar 2022 with Charge ID 100561085 was modified on 05 Jan 2024.

    05 Jan 2024

  • Director Appointment

    Tarun Gupta was appointed as a Director was appointed as a Director on 01 May 2023 & has been associated with this company since 1 year 9 months .

    01 May 2023

  • Charges

    A charge with State Bank Of India amounted to Rs. 49.00 M with Charge ID 100561085 was registered on 22 Mar 2022.

    22 Mar 2022

  • Director Appointment

    Rishabh Gupta was appointed as a Director was appointed as a Director on 23 Oct 2019 & has been associated with this company since 5 years 4 months .

    23 Oct 2019

Frequently asked questions

  • What is the Incorporation or founding date of Garg Abrasives Private Limited?

    Garg Abrasives Private Limited was incorporated on 16 Apr 2018.

  • What is authorized share capital and paid-up capital of Garg Abrasives Private Limited?

    The authorized share capital of Garg Abrasives Private Limited is ₹ 7.00 M and paid-up capital is ₹ 7.00 M.

  • Who are the current board members & directors of Garg Abrasives Private Limited?

    Currently 3 directors are associated with Garg Abrasives Private Limited.

    • Tarun Gupta
    • Rashimi Gupta
    • Rishabh Gupta
  • What is the registered address of Garg Abrasives Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Garg Abrasives Private Limited is 4433 Shahtara Street Ajmeri Gate India, Delhi, 110006.

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

    The corporate identification number (CIN) of Garg Abrasives Private Limited is U52201DL2018PTC332555 and the company number is 332555 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Garg Abrasives Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Garg Abrasives Private Limited has risen by 345.65%.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Garg Abrasives Private Limited has experienced an upsurge of 38.34%.

  • What are the total open charges for Garg Abrasives Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Garg Abrasives Private Limited amount to ₹ 4.90 Cr.

  • When was the last Balance Sheet of Garg Abrasives Private Limited filed with the ROC?

    The most recent Balance Sheet for Garg Abrasives Private Limited was filed with the ROC on 31 Mar 2024.