Garg Appliances Private Limited
Authorized dealer of top household appliance brands, offering a wide range of products since 2001.
2001 | Rae Bareilly, Uttar Pradesh (India) | Active
Garg Appliances Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
- Paid Up Capital ₹ 6.50 M
- Company Age 23 Year, 8 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 6.87 Cr
- Satisfied Charges ₹ 6.56 Cr
- Revenue Growth -77.28%
- Profit Growth -688.12%
- Ebitda -96.68%
- Net Worth -41.57%
- Total Assets 0.55%
About Garg Appliances
Garg Appliances Private Limited (GAPL) is a Private Limited Indian Non-Government Company incorporated in India on 07 June 2001 and has a history of 23 years and eight months. Its registered office is in Rae Bareilly, Uttar Pradesh.
The Company is engaged in the Consumer Electronics & Durables Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 7.50 M and a paid-up capital of Rs 6.50 M.
The company currently has active open charges totaling ₹6.87 Cr. The company has closed loans amounting to ₹6.56 Cr, as per Ministry of Corporate Affairs (MCA) records.
Manjula Garg and Dharam Garg serve as directors at the Company.
Company Details
- Location Rae Bareilly, Uttar Pradesh
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
-
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U32109UP2001PTC026084
- Company No.
026084
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
07 Jun 2001
- Date of AGM
30 Sep 2022
- Date of Balance Sheet
31 Mar 2022
- Listing Status
Unlisted
- ROC Code
Roc Kanpur
Industry
Consumer Electronics & Durables
Who are the key members and board of directors at Garg Appliances?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dharam Garg  | Managing Director | 07-Jun-2001 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Manjula Garg | Director | 07-Jun-2001 | Current |
Financial Performance of Garg Appliances.
Garg Appliances Private Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 77.28% decrease. The company also saw a substantial fall in profitability, with a 688.12% decrease in profit. The company's net worth observed a substantial decline by a decrease of 41.57%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Garg Appliances?
In 2021, Garg Appliances had a promoter holding of 65.92% and a public holding of 34.08%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹68.65 M
Satisfied Charges
₹65.60 M
Charges Breakdown by Lending Institutions
- Indian Bank : 6.87 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Dec 2018 | Indian Bank | ₹6.87 Cr | Open |
| 05 Oct 2013 | Tata Capital Financial Services Limited | ₹4.00 Cr | Satisfied |
| 31 Jul 2006 | Punjab National Bank | ₹1.50 Cr | Satisfied |
| 20 Oct 2005 | Canara Bank | ₹5.00 M | Satisfied |
| 10 Nov 2001 | State Bank Of India | ₹2.80 M | Satisfied |
How Many Employees Work at Garg Appliances?
Unlock and access historical data on people associated with Garg Appliances, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Garg Appliances, 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 Appliances's trajectory.
Rating
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
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 Appliances
Recent activity within the organization
- Annual General Meeting
Garg Appliances Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
- Balance Sheet
Garg Appliances Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Kanpur.
- Charges
A charge with Indian Bank of Rs. 68.65 M registered on 04 Dec 2018 with Charge ID 100238503 was modified on 25 Oct 2021.
- Charges
A charge registered on 05 Oct 2013 via Charge ID 10456833 with Tata Capital Financial Services Limited was fully satisfied on 25 Feb 2019.
- Charges
A charge with Indian Bank amounted to Rs. 68.65 M with Charge ID 100238503 was registered on 04 Dec 2018.
- Charges
A charge with Tata Capital Financial Services Limited of Rs. 40.00 M registered on 05 Oct 2013 with Charge ID 10456833 was modified on 16 May 2016.
Frequently asked questions
What is the Incorporation or founding date of Garg Appliances Private Limited?
Garg Appliances Private Limited was incorporated on 07 Jun 2001.
What is authorized share capital and paid-up capital of Garg Appliances Private Limited?
The authorized share capital of Garg Appliances Private Limited is ₹ 7.50 M and paid-up capital is ₹ 6.50 M.
Who are the current board members & directors of Garg Appliances Private Limited?
Currently 2 directors are associated with Garg Appliances Private Limited.
- Manjula Garg
- Dharam Garg
What is the registered address of Garg Appliances Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Garg Appliances Private Limited is Kutchery Road Raebareli India, Rae Bareilly, Uttar Pradesh.
What is the corporate identification number (CIN) and company number of Garg Appliances Private Limited?
The corporate identification number (CIN) of Garg Appliances Private Limited is U32109UP2001PTC026084 and the company number is 026084 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Garg Appliances Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Garg Appliances Private Limited has fallen by -77.28%.
What change has been observed in the net worth of Garg Appliances Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Garg Appliances Private Limited has experienced an downturn of -41.57%.
What are the total open charges for Garg Appliances Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Garg Appliances Private Limited amount to ₹ 6.87 Cr.
When was the last Balance Sheet of Garg Appliances Private Limited filed with the ROC?
The most recent Balance Sheet for Garg Appliances Private Limited was filed with the ROC on 31 Mar 2022.