Garg Cars Profile
Key Indicators
- Authorised Capital ₹ 1.50 Cr
- Paid Up Capital ₹ 1.13 Cr
- Company Age 18 Year, 5 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 five 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
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 (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Basant Kumar  | Director | 15-Sep-2006 | Current |
| Ajay Garg | Director | 15-Sep-2006 | Current |
| Shyam Garg | Director | 15-Sep-2006 | Current |
| Salil Garg | Director | 14-Mar-2015 | Current |
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%.
- Key Matrics
- Balance Sheet
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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)
Aviconn Solutions Private LimitedSalil Garg is a mutual person
Sumer Chand Overseas LlpAjay Garg and Shyam Garg are mutual person
- Garg Motor World Private Limited
Ajay Garg and Salil Garg are mutual person
- Aggarwal Buildcon Private Limited
Shyam Garg and Salil Garg are mutual person
Charges (Loans)
₹50.00 Cr
₹22.65 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 50.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Aug 2022 | Hdfc Bank Limited | ₹50.00 Cr | Open |
| 14 May 2015 | Others | ₹11.20 Cr | Satisfied |
| 30 Nov 2011 | State Bank Of Patiala | ₹4.00 Cr | Satisfied |
| 30 Nov 2010 | State Bank Of India | ₹5.00 Cr | Satisfied |
| 28 Jun 2008 | Hdfc Bank Ltd. | ₹2.45 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.
