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Garg Furnace Limited - Company Profile

It is a metals and minerals public limited company based in Ludhiana, Punjab, India, established in 1973.

1973 | Ludhiana, Punjab, India | Active
Last Updated:

About Garg Furnace Limited

Garg Furnace Limited, a active public limited company, was established on 27 December 1973 in Ludhiana, Punjab, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: L99999PB1973PLC003385. Registered under ROC Roc Chandigarh. it is listed on BSE: 530615. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹6.81 Cr.

Formerly known as Garg Furnace Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹238.45 Cr and a net worth of ₹20.70 Cr. Employing 7 professional, Its leadership includes Shruti Gupta (Director), Vaneera Garg (Whole-Time Director), Devinder Garg (Managing Director). Past directors included Shruti Gupta, Pawan Kumar, Stevon Soni. It holds no open charges and ₹517.21 Cr settled loans. Its latest AGM occurred on 15 September 2025, with the balance sheet filed on 31 March 2025. It is based at Kanganwal Roadvpo Jugiana G T Road, Ludhiana, Punjab, 141120.

Company Details

  • CIN/LLPIN

    L99999PB1973PLC003385

  • Registration Number

    003385

  • Incorporation Date

    27 December 1973

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹6.81 Cr

  • ROC Code

    Roc Chandigarh

  • Listing Status

    Listed (BSE: 530615)

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 6.81 Cr
  • Company Age 51 Year, 11 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 517.21 Cr
  • Revenue Growth 33.20%
  • Profit Growth -6.06%
  • Ebitda -2.10%
  • Net Worth 40.49%
  • Total Assets 17.94%
Company report

Garg Furnace Limited

Company Report FY 2025-2026

Explore comprehensive insights into Garg Furnace Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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

Current Directors

NameDesignationAppointment DateStatus
Shruti GuptaDirector23 Jul 2024Current
Vaneera GargWhole-Time Director14 Nov 2015Current
Devinder GargManaging Director01 Aug 2015Current
Toshak GargManaging Director14 Aug 2023Current
Amandeep KaurDirector01 Apr 2023Current
Mehak JainAdditional Director14 Aug 2025Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddAdditional Director29 Sep 2024Past
Pramod AbcsddDirector15 Nov 2019Past
Pramod AbcsddDirector25 Aug 2014Past
Pramod AbcsddAdditional Director30 Sep 2016Past
Pramod AbcsddAdditional Director21 Dec 2023Past
Pramod AbcsddManaging Director01 Aug 2019Past

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Financial Performance of Garg Furnace.

Garg Furnace Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.2% increase. The company also saw a slight decrease in profitability, with a 6.06% decrease in profit. The company's net worth Soared by an impressive increase of 40.49%.

Garg Furnace revenue growth over time
Garg Furnace 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
33.20%
Revenue from Operations
33.40%
Total Assets
17.94%
Profit or Loss
-6.06%
Net Worth
40.49%
EBITDA
-2.10%

What is the Ownership and Shareholding Structure of Garg Furnace?

In 2022, Garg Furnace had a promoter holding of 64.23% and a public holding of 35.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹5,172,083,904.16

Charges Breakdown by Lending Institutions

  • Punjab & Sind Bank : 256.26 Cr
  • Punjab National Bank : 164.75 Cr
  • Indian Bank : 80.83 Cr
  • Punjab And Sind Bank : 9.47 Cr
  • Punjab And Sind Bank : 3.38 Cr
  • Others : 2.52 Cr

Latest Charge Details

DateLenderAmountStatus
01 Aug 2015Indian Bank₹3.50 CrSatisfied
22 Aug 2013Indian Bank₹2.90 CrSatisfied
06 Mar 2013Indian Bank₹5.00 CrSatisfied
11 Feb 2013Indian Bank₹69.43 CrSatisfied
29 Jun 2007Punjab National Bank₹164.75 CrSatisfied

Explore comprehensive loan charge details -

How Many Employees Work at Garg Furnace?

Garg Furnace has a workforce of 7 employees as of Mar 29, 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 Furnace Limited

Deals i

Graph showing company valuation over time

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

Recent Activity within the Organization

  • Annual General Meeting

    The activity Garg Furnace Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records. was completed.

  • Director Appointment

    Progress on Mehak Jain was appointed as a Additional Director was appointed as a Additional Director on 14 Aug 2025 & has been associated with this company since 4 months 9 days . was documented.

  • Balance Sheet

    Progress on Garg Furnace Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh. was documented.

  • Director Appointment

    Progress on Shruti Gupta was appointed as a Director was appointed as a Director on 23 Jul 2024 & has been associated with this company since 1 year 5 months . was documented.

  • Director Appointment

    Progress on Toshak Garg was appointed as a Managing Director was appointed as a Managing Director on 14 Aug 2023 & has been associated with this company since 2 years 4 months . was documented.

  • Director Appointment

    Amandeep Kaur was appointed as a Director was appointed as a Director on 01 Apr 2023 & has been associated with this company since 2 years 8 months . was recorded as a recent event.

Frequently Asked Questions

  • What is the CIN of Garg Furnace Limited?

    The CIN of Garg Furnace Limited is L99999PB1973PLC003385.

  • Where is Garg Furnace Limited headquartered?

    Garg Furnace Limited is headquartered at Kanganwal Roadvpo Jugiana G T Road, Ludhiana, Punjab, 141120.

  • When was Garg Furnace Limited incorporated?

    Garg Furnace Limited was incorporated on 27 December 1973.

  • Who are the current directors of Garg Furnace Limited?

    The current directors of Garg Furnace Limited are

  • What is the primary industry of Garg Furnace Limited?

    The primary industry of Garg Furnace Limited is Manufacturing.

  • Is Garg Furnace Limited a listed company?

    Garg Furnace Limited is listed. It is listed on BSE: 530615.

  • What is the capital structure of Garg Furnace Limited?

    The authorized capital of Garg Furnace Limited is ₹10.00 Cr, and the paid-up capital is ₹6.81 Cr.

  • What is the compliance status of Garg Furnace Limited?

    The compliance status of Garg Furnace Limited is Compliant.

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