Garg Gas Appliances Private Limited

Manufactures LPG regulators for gas appliances.

1998 | Delhi (India) | Active
Last Updated:

Garg Gas Appliances Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 5.00 M
  • Company Age 26 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.18 Cr
  • Satisfied Charges ₹ 1.95 Cr
  • Revenue Growth 39.52%
  • Profit Growth 28.95%
  • Ebitda -69.50%
  • Net Worth 5.08%
  • Total Assets -6.24%

About Garg Gas Appliances

Garg Gas Appliances Private Limited (GGAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 September 1998 and has a history of 26 years and six months. Its registered office is in Delhi, India.

The Company is engaged in the Machinery And Equipment 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 5.00 M and a paid-up capital of Rs 5.00 M.

The company currently has active open charges totaling ₹2.18 Cr. The company has closed loans amounting to ₹1.95 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vipin Garg, Sunita Garg, and Prachi Garg serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29305DL1998PTC095983

  • Company No.

    095983

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Sep 1998

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Machinery and Equipment

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

Board Members (3)

NameDesignationAppointment DateStatus
Vipin Garg Country flag representing In Director 03-Sep-1998Current
Sunita Garg Country flag representing In Director 14-Jul-2010Current
Prachi Garg Country flag representing In Director 20-Feb-2023Current

Financial Performance of Garg Gas Appliances.

Garg Gas Appliances Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 39.52% increase. The company also saw a substantial improvement in profitability, with a 28.95% increase in profit. The company's net worth moved up by a moderate rise of 5.08%.

Garg Gas Appliances revenue growth over time
Garg Gas Appliances 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
39.52%
Revenue from Operations
47.54%
Total Assets
-6.24%
Profit or Loss
28.95%
Net Worth
5.08%
EBITDA
-69.50%

What is the Ownership and Shareholding Structure of Garg Gas Appliances?

In 2020, Garg Gas Appliances had a promoter holding of 48.52% and a public holding of 51.48%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹21.80 M

Satisfied Charges

₹19.52 M

Charges Breakdown by Lending Institutions

  • Syndicate Bank : 2.00 Cr
  • Canara Bank : 0.18 Cr

Latest Charge Details

DateLenderAmountStatus
23 Sep 2024Canara Bank₹1.80 MOpen
10 Jun 2008Syndicate Bank₹2.00 CrOpen
28 Dec 2016Sidbi₹4.68 MSatisfied
19 Mar 2014Syndicate Bank₹1.00 MSatisfied
19 Mar 2014Syndicate Bank₹0.67 MSatisfied

How Many Employees Work at Garg Gas Appliances?

Garg Gas Appliances has a workforce of 4 employees as of Apr 05, 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 Gas Appliances Private Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Garg Gas Appliances Private Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Canara Bank amounted to Rs. 1.80 M with Charge ID 100989001 was registered on 23 Sep 2024.

  • Balance Sheet

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

  • Director Appointment

    Prachi Garg was appointed as a Director was appointed as a Director on 20 Feb 2023 & has been associated with this company since 2 years 12 days .

  • Charges

    A charge registered on 28 Dec 2016 via Charge ID 100069762 with Sidbi was fully satisfied on 31 May 2021.

  • Charges

    A charge registered on 28 Jan 2002 via Charge ID 90048874 with Syndicate Bank was fully satisfied on 05 Dec 2019.

Frequently asked questions

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

    Garg Gas Appliances Private Limited was incorporated on 03 Sep 1998.

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

    The authorized share capital of Garg Gas Appliances Private Limited is ₹ 5.00 M and paid-up capital is ₹ 5.00 M.

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

    Currently 3 directors are associated with Garg Gas Appliances Private Limited.

    • Vipin Kumar Garg
    • Sunita Garg
    • Prachi Garg

  • What is the registered address of Garg Gas Appliances Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Garg Gas Appliances Private Limited is Plot No. 116 Kn No.-1302 1St Floor Blk-G Prem Nagar, Phase 1 India, Delhi, 110041.

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

    The corporate identification number (CIN) of Garg Gas Appliances Private Limited is U29305DL1998PTC095983 and the company number is 095983 as per Ministry of Corporate Affairs (MCA).

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

    According to the financial reports for the fiscal year 2022, the revenue trend for Garg Gas Appliances Private Limited has risen by 39.52%.

  • How many employees does Garg Gas Appliances Private Limited currently have?

    As Per 2022 financial reports, 4 employees are currently employed by Garg Gas Appliances Private Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Garg Gas Appliances Private Limited has experienced an upsurge of 5.08%.

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

    As per the financial statements for fiscal Year 2022, The total open charges for Garg Gas Appliances Private Limited amount to ₹ 2.18 Cr.

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

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

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