Garg Granites Pvt. Ltd

Manufacturer and trader of marble, granite, kota stone, vitrified tiles, sandstones, and other natural stones.

1992 | 4Ana Sagarlink RoadAjmer, Rajasthan (India) | Active
Last Updated:

Garg Granites Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.10 Cr
  • Company Age 32 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 23.54 Cr
  • Satisfied Charges ₹ 19.91 Cr
  • Revenue Growth 6.22%
  • Profit Growth 19.19%
  • Ebitda 7.58%
  • Net Worth 4.72%
  • Total Assets 10.81%

About Garg Granites

Garg Granites Pvt. Ltd (GGPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 August 1992 and has a history of 32 years and six months. Its registered office is in 4,Ana Sagarlink Road,Ajmer, Rajasthan.

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 2024. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.10 Cr.

The company currently has active open charges totaling ₹23.54 Cr. The company has closed loans amounting to ₹19.91 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sanjay Garg, Rachana Garg, and Aditya Garg serve as directors at the Company.

Company Details

  • Location 4,Ana Sagarlink Road,Ajmer, Rajasthan
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    garggranites.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U14102RJ1992PTC006873

  • Company No.

    006873

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Aug 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Manufacturing

What products or services does Garg Granites Pvt. Ltd offer?

Garg Granites Pvt. Ltd offers a wide range of products and services, including Granite, Marble, Sandstone & Others, Limestone, Sedimentary Stone, Sandstone, Slatestone, Metamorphic Stone, Stone Tiles, Granite Tiles.

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

Board Members (3)

NameDesignationAppointment DateStatus
Aditya Garg Country flag representing In Director 10-Sep-2008Current
Sanjay Garg Country flag representing In Director 31-Mar-1993Current
Rachana Garg Country flag representing In Director 05-Aug-1992Current

Financial Performance of Garg Granites.

Garg Granites Pvt. Ltd, for the financial year ended 2023, experienced modest growth in revenue, with a 6.22% increase. The company also saw a substantial improvement in profitability, with a 19.19% increase in profit. The company's net worth moved up by a moderate rise of 4.72%.

Garg Granites revenue growth over time
Garg Granites 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
6.22%
Revenue from Operations
6.22%
Total Assets
10.81%
Profit or Loss
19.19%
Net Worth
4.72%
EBITDA
7.58%

What is the Ownership and Shareholding Structure of Garg Granites?

In 2023, Garg Granites had a promoter holding of 84.53% and a public holding of 15.47%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹23.54 Cr

Satisfied Charges

₹19.91 Cr

Charges Breakdown by Lending Institutions

  • Sidbi : 13.03 Cr
  • Others : 9.75 Cr
  • Icici Bank Limited : 0.54 Cr
  • Hdfc Bank Limited : 0.21 Cr

Latest Charge Details

DateLenderAmountStatus
26 Feb 2024Sidbi₹1.00 CrOpen
04 Oct 2023Sidbi₹2.00 CrOpen
20 Jul 2023Sidbi₹1.60 CrOpen
14 Feb 2023Sidbi₹1.00 CrOpen
06 Feb 2023Others₹7.50 MOpen

How Many Employees Work at Garg Granites?

Garg Granites has a workforce of 2 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.

Employee growth trends for Garg Granites Pvt. Ltd

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Garg Granites Pvt. Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 29 Aug 2017 via Charge ID 100118678 with Sidbi was fully satisfied on 29 May 2024.

  • Balance Sheet

    Garg Granites Pvt. Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Jaipur.

  • Charges

    A charge with Sidbi amounted to Rs. 1.00 Cr with Charge ID 100876335 was registered on 26 Feb 2024.

  • Charges

    A charge with Sidbi amounted to Rs. 2.00 Cr with Charge ID 100817916 was registered on 04 Oct 2023.

  • Charges

    A charge with Sidbi amounted to Rs. 1.60 Cr with Charge ID 100756753 was registered on 20 Jul 2023.

Frequently asked questions

  • What is the Incorporation or founding date of Garg Granites Pvt. Ltd?

    Garg Granites Pvt. Ltd was incorporated on 05 Aug 1992.

  • What is authorized share capital and paid-up capital of Garg Granites Pvt. Ltd?

    The authorized share capital of Garg Granites Pvt. Ltd is ₹ 1.50 Cr and paid-up capital is ₹ 1.10 Cr.

  • Who are the current board members & directors of Garg Granites Pvt. Ltd?

    Currently 3 directors are associated with Garg Granites Pvt. Ltd.

    • Sanjay Garg
    • Rachana Garg
    • Aditya Garg

  • What is the registered address of Garg Granites Pvt. Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Garg Granites Pvt. Ltd is 4 Ana Road Ajmer Road, Ajmer India, 4Ana Sagarlink RoadAjmer, Rajasthan.

  • What is the corporate identification number (CIN) and company number of Garg Granites Pvt. Ltd?

    The corporate identification number (CIN) of Garg Granites Pvt. Ltd is U14102RJ1992PTC006873 and the company number is 006873 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Garg Granites Pvt. Ltd?

    The Official website of Garg Granites Pvt. Ltd is https://www.garggranites.com

  • What has been the recent revenue trend for Garg Granites Pvt. Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Garg Granites Pvt. Ltd has risen by 6.22%.

  • How many employees does Garg Granites Pvt. Ltd currently have?

    As Per 2023 financial reports, 2 employees are currently employed by Garg Granites Pvt. Ltd.

  • What change has been observed in the net worth of Garg Granites Pvt. Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Garg Granites Pvt. Ltd has experienced an upsurge of 4.72%.

  • What are the total open charges for Garg Granites Pvt. Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Garg Granites Pvt. Ltd amount to ₹ 23.54 Cr.

  • When was the last Balance Sheet of Garg Granites Pvt. Ltd filed with the ROC?

    The most recent Balance Sheet for Garg Granites Pvt. Ltd was filed with the ROC on 31 Mar 2024.

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