Garg Casteels Private Limited

Manufactures angles, channels, beams, investment castings, and billets since 1991 in Gujarat.

1991 | Bhavnagar, Gujarat (India) | Active
Last Updated: July 31, 2024

Garg Casteels Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 3.63 Cr
  • Company Age 33 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 55.14 Cr
  • Revenue Growth 17.48%
  • Profit Growth 38.39%
  • Ebitda 10.06%
  • Net Worth 0.51%
  • Total Assets -4.02%

About Garg Casteels

Garg Casteels Private Limited (GCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 September 1991 and has a history of 33 years and five months. Its registered office is in Bhavnagar, Gujarat, India.

The Corporate was formerly known as Garg Casteels Limited. 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 4.00 Cr and a paid-up capital of Rs 3.63 Cr.

The company currently has active open charges totaling ₹55.14 Cr.

Chanchalrani Jain, Gajal Jain, Mantresh Jain, and Two other members serve as directors at the Company.

Company Details

  • Location

    Bhavnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gargcasteels.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27109GJ1991PTC016219

  • Company No.

    016219

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Sep 1991

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Metals and Minerals

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

Executive Team (1)

Name Designation Appointment Date Status
Arunkumar Jain Country flag representing In Managing Director 05-Sep-1991 Current

Board Members (4)

Name Designation Appointment Date Status
Chanchalrani Jain Country flag representing In Director 01-Dec-2007 Current
Gajal Jain Country flag representing In Director 01-Oct-2009 Current
Mantresh Jain Country flag representing In Director 01-Nov-2007 Current
Bineet Jain Country flag representing In Whole-Time Director 20-Aug-2001 Current

Financial Performance of Garg Casteels.

Garg Casteels Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 17.48% increase. The company also saw a substantial improvement in profitability, with a 38.39% increase in profit. The company's net worth moved up by a moderate rise of 0.51%.

Graph illustrating revenue growth over time
Graph showing 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
17.48%
Revenue from Operations
19.54%
Total Assets
-4.02%
Profit or Loss
38.39%
Net Worth
0.51%
EBITDA
10.06%

What is the Ownership and Shareholding Structure of Garg Casteels?

In 2023, Garg Casteels 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

₹55.14 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 30.64 Cr
  • Punjab National Bank : 24.50 Cr

Latest Charge Details

Date Lender Amount Status
30 Oct 2013 Others ₹15.32 Cr Open
28 Oct 2013 Others ₹15.32 Cr Open
13 Jun 2005 Punjab National Bank ₹10.50 Cr Open
22 Jan 2004 Punjab National Bank ₹14.00 Cr Open

How Many Employees Work at Garg Casteels?

Garg Casteels has a workforce of 1 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Garg Casteels Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Garg Casteels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 15.32 Cr registered on 30 Oct 2013 with Charge ID 10460530 was modified on 22 Dec 2021.

    22 Dec 2021

  • Charges

    A charge with Others of Rs. 15.32 Cr registered on 28 Oct 2013 with Charge ID 10460299 was modified on 21 Dec 2021.

    21 Dec 2021

  • Charges

    A charge with Others amounted to Rs. 15.32 Cr with Charge ID 10460530 was registered on 30 Oct 2013.

    30 Oct 2013

  • Charges

    A charge with Others amounted to Rs. 15.32 Cr with Charge ID 10460299 was registered on 28 Oct 2013.

    28 Oct 2013

Frequently asked questions

  • Garg Casteels Private Limited was incorporated on 05 Sep 1991.

  • The authorized share capital of Garg Casteels Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 3.63 Cr.

  • Currently 5 directors are associated with Garg Casteels Private Limited.

    • Chanchalrani Arunkumar Jain
    • Gajal Bineet Jain
    • Mantresh Arunkumar Jain
    • Bineet Arun Jain
    • Arunkumar Hansraj Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Garg Casteels Private Limited is B-103 Leela Efcee Corporate Block Near Aksharwadi Mandir Waghawadi Road, Bhavnagar, Gujarat, India, 364002.

  • The corporate identification number (CIN) of Garg Casteels Private Limited is U27109GJ1991PTC016219 and the company number is 016219 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Garg Casteels Private Limited is https://www.gargcasteels.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Garg Casteels Private Limited has risen by 17.48%.

  • As Per 2023 financial reports, 1 employees are currently employed by Garg Casteels Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Garg Casteels Private Limited has experienced an upsurge of 0.51%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Garg Casteels Private Limited amount to ₹ 55.14 Cr.

  • The most recent Balance Sheet for Garg Casteels Private Limited was filed with the ROC on 31 Mar 2023.