Garg Appliances Profile
Key Indicators
- Authorised Capital ₹ 7.50 M
as on 08-12-2024
- Paid Up Capital ₹ 6.50 M
as on 08-12-2024
- Company Age 23 Year, 7 Months
- Last Filing with ROC 31 Mar 2022
- Open Charges ₹ 6.87 Cr
as on 08-12-2024
- Satisfied Charges ₹ 6.56 Cr
as on 08-12-2024
- Revenue -77.28%
(FY 2021)
- Profit -688.12%
(FY 2021)
- Ebitda -96.68%
(FY 2021)
- Net Worth -41.57%
(FY 2021)
- Total Assets 0.55%
(FY 2021)
About Garg Appliances
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.
- 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
Company Details
- LocationRae Bareilly, Uttar Pradesh
- Telephone
- Email Address
- Website
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- Social Media-
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)
| Lender | Amount | Status |
|---|---|---|
Indian Bank Creation Date: 04 Dec 2018 | ₹6.87 Cr | Open |
Tata Capital Financial Services Limited Creation Date: 05 Oct 2013 | ₹4.00 Cr | Satisfied |
Punjab National Bank Creation Date: 31 Jul 2006 | ₹1.50 Cr | 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.
