Garg Cars Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
as on 09-07-2024
- Paid Up Capital ₹ 1.13 Cr
as on 09-07-2024
- Company Age 18 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 50.00 Cr
as on 09-07-2024
- Satisfied Charges ₹ 22.65 Cr
as on 09-07-2024
- Revenue -36.85%
(FY 2020)
- Profit -119.48%
(FY 2020)
- Ebitda -37.38%
(FY 2020)
- Net Worth -0.20%
(FY 2020)
- Total Assets 2.45%
(FY 2020)
About Garg Cars
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 2023. 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.
Salil Garg, Ajay Garg, Shyam Garg, and Two other members serve as directors at the Company.
- CIN/LLPIN
U34300HR2006PTC036368
- Company No.
036368
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
15 Sep 2006
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
Company Details
- Location
Sirsa, Haryana, India
- Telephone
- Email Address
- Website
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- Social Media-
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.
Who are the key members and board of directors at Garg Cars?
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Salil Garg  | Director | 14-Mar-2015 | Current |
| Ajay Garg | Director | 15-Sep-2006 | Current |
| Shyam Garg | Director | 15-Sep-2006 | Current |
| Basant Kumar | Director | 15-Sep-2006 | Current |
| Sumer Garg | Director | 15-Sep-2006 | Current |
Financial Performance and Corporate Structure Insights 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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Garg Motor World Private LimitedActive 1 year 4 monthsSalil Garg, Ajay Garg and 1 more are mutual person
- Aggarwal Buildcon Private LimitedActive 12 years 2 months
Salil Garg and Shyam Garg are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Hdfc Bank Limited Creation Date: 06 Aug 2022 | ₹50.00 Cr | Open |
Others Creation Date: 14 May 2015 | ₹11.20 Cr | Satisfied |
State Bank Of Patiala Creation Date: 30 Nov 2011 | ₹4.00 Cr | Satisfied |
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.
Deals i
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
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.
