Garg Associates Private Limited

Designing and manufacturing high-quality wires, cables, and sleeves for various industries and global markets.

1963 | Ghaziabad, Uttar Pradesh (India) | Active
Last Updated:

Garg Associates Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.91 M
  • Company Age 61 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 24.50 Cr
  • Satisfied Charges ₹ 1.50 Cr
  • Revenue Growth 64.11%
  • Profit Growth 90.12%
  • Ebitda 82.39%
  • Net Worth 9.08%
  • Total Assets 12.02%

About Garg Associates

Garg Associates Private Limited (GAPL) was founded in India on 25 September 1963 and has a glorious history of 61 years and five months. Its registered office is in Ghaziabad, Uttar Pradesh, India.

The Company is engaged in the Manufacturing 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 1.00 M and a paid-up capital of Rs 0.91 M.

The company currently has active open charges totaling ₹24.50 Cr. The company has closed loans amounting to ₹1.50 Cr, as per Ministry of Corporate Affairs (MCA) records.

Deepti Mittal, Praneet Kumar, Rahul Singh, and Four other members serve as directors at the Company.

Company Details

  • Location

    Ghaziabad, Uttar Pradesh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31909UP1963PTC002960

  • Company No.

    002960

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Sep 1963

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kanpur

Industry

Manufacturing

What products or services does Garg Associates Private Limited offer?

Garg Associates Private Limited offers a wide range of products and services, including Insulators & Insulation Materials, Electrical Insulation Sleeving, Router, Cables & Networking Devices, Signal Cables, Thermometers & Flowmeters, Thermocouple Cables, Electrical Cables & Wires, Insulated Cables.

Company report

Garg Associates Private Limited

Explore comprehensive data for Garg Associates Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Board Members (7)

NameDesignationAppointment DateStatus
Rahul Singh Country flag representing In Whole-Time Director 14-Oct-2007Current
Deepti Mittal Country flag representing In Director 14-Oct-2007Current
Praneet Kumar Country flag representing In Director 11-Feb-2017Current
Brij Garg Country flag representing Us Director 13-May-2012Current
Vandana Jyoti Country flag representing In Director 11-Feb-2017Current
Richa Singh Country flag representing In Director 01-Mar-2023Current

Financial Performance of Garg Associates.

Garg Associates Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 64.11% increase. The company also saw a substantial improvement in profitability, with a 90.12% increase in profit. The company's net worth moved up by a moderate rise of 9.08%.

Garg Associates revenue growth over time
Garg Associates 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
64.11%
Revenue from Operations
63.93%
Total Assets
12.02%
Profit or Loss
90.12%
Net Worth
9.08%
EBITDA
82.39%

What is the Ownership and Shareholding Structure of Garg Associates?

In 2023, Garg Associates had a promoter holding of 66.70% and a public holding of 33.30%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹245.00 M

Satisfied Charges

₹15.00 M

Charges Breakdown by Lending Institutions

  • Others : 19.50 Cr
  • Axis Bank Limited : 5.00 Cr

Latest Charge Details

DateLenderAmountStatus
17 Feb 2024Others₹19.50 CrOpen
13 Jan 2020Axis Bank Limited₹5.00 CrOpen
07 Nov 2016Indian Bank₹1.50 CrSatisfied

How Many Employees Work at Garg Associates?

Garg Associates has a workforce of 171 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Garg Associates Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 195.00 M registered on 17 Feb 2024 with Charge ID 100881528 was modified on 24 Dec 2024.

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Others amounted to Rs. 195.00 M with Charge ID 100881528 was registered on 17 Feb 2024.

  • Director Appointment

    Richa Singh was appointed as a Director was appointed as a Director on 01 Mar 2023 & has been associated with this company since 2 years 12 days .

  • Director Appointment

    Rohit Singh was appointed as a Director was appointed as a Director on 01 Mar 2023 & has been associated with this company since 2 years 12 days .

Frequently asked questions

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

    Garg Associates Private Limited was incorporated on 25 Sep 1963.

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

    The authorized share capital of Garg Associates Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.91 M.

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

    Currently 7 directors are associated with Garg Associates Private Limited.

    • Deepti Mittal
    • Praneet Kumar
    • Rahul Singh
    • Brij Bhushan Garg
    • Vandana Jyoti
    • Richa Singh
    • Rohit Singh

  • What is the registered address of Garg Associates Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Garg Associates Private Limited is D-6 Meerut Road Industrial Area No-3 India, Ghaziabad, Uttar Pradesh, 201003.

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

    The corporate identification number (CIN) of Garg Associates Private Limited is U31909UP1963PTC002960 and the company number is 002960 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Garg Associates Private Limited?

    The Official website of Garg Associates Private Limited is https://www.gargasso.com

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

    According to the financial reports for the fiscal year 2023, the revenue trend for Garg Associates Private Limited has risen by 64.11%.

  • How many employees does Garg Associates Private Limited currently have?

    As Per 2023 financial reports, 171 employees are currently employed by Garg Associates Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Garg Associates Private Limited has experienced an upsurge of 9.08%.

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

    As per the financial statements for fiscal Year 2023, The total open charges for Garg Associates Private Limited amount to ₹ 24.50 Cr.

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

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

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