Garg Cars Private Limited

Authorized Ford car dealer offering sales, services, and spares since 2006 in Sirsa, Haryana.

2006 | Sirsa, Haryana (India) | Active
Last Updated:

Garg Cars Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.13 Cr
  • Company Age 18 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 50.00 Cr
  • Satisfied Charges ₹ 22.65 Cr
  • Revenue Growth -36.85%
  • Profit Growth -119.48%
  • Ebitda -37.38%
  • Net Worth -0.20%
  • Total Assets 2.45%

About Garg Cars

Garg Cars Private Limited (GCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 15 September 2006 and has a history of 18 years and eight months. Its registered office is in Sirsa, Haryana, India.

The Company is engaged in the Automotive 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 1.50 Cr and a paid-up capital of Rs 1.13 Cr.

The company currently has active open charges totaling ₹50.00 Cr. The company has closed loans amounting to ₹22.65 Cr, as per Ministry of Corporate Affairs (MCA) records.

Basant Kumar, Ajay Garg, Shyam Garg, and One other member serve as directors at the Company.

Company Details

  • Location

    Sirsa, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U34300HR2006PTC036368

  • Company No.

    036368

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Sep 2006

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Automotive

What products or services does Garg Cars Private Limited offer?

Garg Cars Private Limited offers a wide range of products and services, including Process Control Systems & Equipments, Motor Controllers, Cars, Motor Cars, Steering Parts & Components, Power Steering Parts, Automotive Engine, Automobile Interiors & Accessories, Automotive Accessories.

Company report

Garg Cars Private Limited

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

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

Board Members (4)

NameDesignationAppointment DateStatus
Basant Kumar Country flag representing In Director 15-Sep-2006Current
Ajay Garg Country flag representing In Director 15-Sep-2006Current
Shyam Garg Country flag representing In Director 15-Sep-2006Current
Salil Garg Country flag representing In Director 14-Mar-2015Current

Financial Performance of Garg Cars.

Garg Cars Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 36.85% decrease. The company also saw a substantial fall in profitability, with a 119.48% decrease in profit. The company's net worth dipped by a decrease of 0.2%.

Garg Cars revenue growth over time
Garg Cars 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
-36.85%
Revenue from Operations
-36.84%
Total Assets
2.45%
Profit or Loss
-119.48%
Net Worth
-0.20%
EBITDA
-37.38%

What is the Ownership and Shareholding Structure of Garg Cars?

In 2020, Garg Cars 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

₹50.00 Cr

Satisfied Charges

₹22.65 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 50.00 Cr

Latest Charge Details

DateLenderAmountStatus
06 Aug 2022Hdfc Bank Limited₹50.00 CrOpen
14 May 2015Others₹11.20 CrSatisfied
30 Nov 2011State Bank Of Patiala₹4.00 CrSatisfied
30 Nov 2010State Bank Of India₹5.00 CrSatisfied
28 Jun 2008Hdfc Bank Ltd.₹2.45 CrSatisfied

How Many Employees Work at Garg Cars?

Garg Cars has a workforce of 4 employees as of Apr 06, 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 Cars Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

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

  • Charges

    A charge with Hdfc Bank Limited of Rs. 50.00 Cr registered on 06 Aug 2022 with Charge ID 100605226 was modified on 08 Dec 2023.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 50.00 Cr with Charge ID 100605226 was registered on 06 Aug 2022.

  • Charges

    A charge registered on 14 May 2015 via Charge ID 10569528 with Others was fully satisfied on 20 Feb 2021.

  • Charges

    A charge registered on 30 Nov 2011 via Charge ID 10628607 with State Bank Of Patiala was fully satisfied on 13 Jan 2017.

Frequently asked questions

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

    Garg Cars Private Limited was incorporated on 15 Sep 2006.

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

    The authorized share capital of Garg Cars Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.13 Cr.

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

    Currently 4 directors are associated with Garg Cars Private Limited.

    • Basant Kumar
    • Ajay Garg
    • Shyam Garg
    • Salil Garg

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

    As per Ministry of Corporate Affairs (Mca), the registered address of Garg Cars Private Limited is Near Garg Motors Hisar Road India, Sirsa, Haryana, 125055.

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

    The corporate identification number (CIN) of Garg Cars Private Limited is U34300HR2006PTC036368 and the company number is 036368 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2020, the revenue trend for Garg Cars Private Limited has fallen by -36.85%.

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

    As Per 2020 financial reports, 4 employees are currently employed by Garg Cars Private Limited.

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

    The financial reports for the fiscal year 2020 indicates that The net worth of Garg Cars Private Limited has experienced an downturn of -0.20%.

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

    As per the financial statements for fiscal Year 2020, The total open charges for Garg Cars Private Limited amount to ₹ 50.00 Cr.

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

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

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