Garg Associates Profile
Key Indicators
- Authorised Capital ₹ 1.00 M
- Paid Up Capital ₹ 0.91 M
- Company Age 61 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 21.50 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 four 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 2023. 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 ₹21.50 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
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Location
Ghaziabad, Uttar Pradesh, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U31909UP1963PTC002960
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Company No.
002960
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
25 Sep 1963
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Kanpur
Industry
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.
Who are the key members and board of directors at Garg Associates?
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rahul Singh
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Whole-Time Director | 14-Oct-2007 | Current |
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Deepti Mittal
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Director | 14-Oct-2007 | Current |
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Praneet Kumar
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Director | 11-Feb-2017 | Current |
Brij Garg
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Director | 14-Oct-2007 | Current |
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Vandana Jyoti
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Director | 11-Feb-2017 | Current |
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Richa Singh
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Director | 01-Mar-2023 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Sukriti Vidyut Udyog Private LimitedDeepti Mittal is a mutual person
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Navyug Infosolutions Private LimitedRahul Singh is a mutual person
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Dhruv Energy Private LimitedRahul Singh is a mutual person
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Jigserv Digital Private LimitedRahul Singh is a mutual person
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Veer-O-Metals Private LimitedPraneet Kumar is a mutual person
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Shree Hari Precision Products Private Limited
Praneet Kumar is a mutual person
Charges (Loans)
₹215.00 M
₹15.00 M
Charges Breakdown by Lending Institutions
- Others : 16.50 Cr
- Axis Bank Limited : 5.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Feb 2024 | Others | ₹16.50 Cr | Open |
| 13 Jan 2020 | Axis Bank Limited | ₹5.00 Cr | Open |
| 07 Nov 2016 | Indian Bank | ₹1.50 Cr | Satisfied |
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.
Deals i
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
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.
