Garg Gas Appliances Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
- Paid Up Capital ₹ 5.00 M
- Company Age 26 Year, 5 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 five 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
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Location
Delhi, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U29305DL1998PTC095983
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Company No.
095983
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
03 Sep 1998
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Date of AGM
27 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Delhi
Industry
Who are the key members and board of directors at Garg Gas Appliances?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Vipin Garg
|
Director | 03-Sep-1998 | Current |
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Sunita Garg
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Director | 14-Jul-2010 | Current |
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Prachi Garg
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Director | 20-Feb-2023 | Current |
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%.
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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.
Charges (Loans)
₹21.80 M
₹19.52 M
Charges Breakdown by Lending Institutions
- Syndicate Bank : 2.00 Cr
- Canara Bank : 0.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Sep 2024 | Canara Bank | ₹1.80 M | Open |
| 10 Jun 2008 | Syndicate Bank | ₹2.00 Cr | Open |
| 28 Dec 2016 | Sidbi | ₹4.68 M | Satisfied |
| 19 Mar 2014 | Syndicate Bank | ₹1.00 M | Satisfied |
| 19 Mar 2014 | Syndicate Bank | ₹0.67 M | Satisfied |
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.
Deals i
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
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.
