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Garg Industries Limited
Manufacturer of wire rod, square, and treated bars for cycle wheel spokes.
Manufacturer of wire rod, square, and treated bars for cycle wheel spokes.
Garg Industries Limited (GIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 11 January 1991 and has a history of 34 years and one month. Its registered office is in New Delhi, Delhi, India.
The Corporate was formerly known as Garg Micro Structures Limited. The Company is engaged in the Metals And Minerals 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 7.00 Cr and a paid-up capital of Rs 5.55 Cr.
The company currently has active open charges totaling ₹31.21 Cr. The company has closed loans amounting to ₹287.34 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Garg Industries Limited India is Isha Gupta as COMPANY SECRETARY. Balraj Garg, Narsi Dass, and Vikas Jain serve as directors at the Company.
New Delhi, Delhi, India
+91-XXXXXXXXXX
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U27106DL1991PLC222970
222970
Public Limited Indian Non-Government Company
11 Jan 1991
30 Sep 2023
31 Mar 2023
Unlisted
Roc Delhi
Name | Designation | Appointment Date | Status |
---|---|---|---|
Isha Gupta ![]() | Company Secretary | 01-May-2019 | Current |
Name | Designation | Appointment Date | Status |
---|---|---|---|
Balraj Garg ![]() | Director | 22-Jun-1998 | Current |
Narsi Dass ![]() | Director | 22-Jun-1998 | Current |
Vikas Jain ![]() | Director | 27-Mar-2015 | Current |
Garg Industries Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.01% decrease. The company also saw a slight improvement in profitability, with a 4.21% increase in profit. The company's net worth moved up by a moderate rise of 4.47%.
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In 2023, Garg Industries had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Balraj Garg and Narsi Dass are mutual person
Balraj Garg and Narsi Dass are mutual person
₹31.21 Cr
₹287.34 Cr
Date | Lender | Amount | Status |
---|---|---|---|
30 Jun 2024 | Others | ₹1.00 Cr | Open |
03 May 2024 | Hdfc Bank Limited | ₹2.50 M | Open |
03 May 2024 | Hdfc Bank Limited | ₹1.60 Cr | Open |
03 May 2024 | Hdfc Bank Limited | ₹1.00 Cr | Open |
08 Aug 2005 | State Bank Of India | ₹27.36 Cr | Open |
Garg Industries has a workforce of 56 employees as of Apr 03, 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.
Gain comprehensive insights into the Deals and Valuation data of Garg Industries, 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 Industries's trajectory.
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.
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.
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100942222 was registered on 30 Jun 2024.
A charge registered on 30 Apr 2021 via Charge ID 100445649 with Hdfc Bank Limited was fully satisfied on 14 Jun 2024.
A charge registered on 18 Sep 2021 via Charge ID 100484322 with Axis Bank Limited was fully satisfied on 19 May 2024.
A charge registered on 09 Jul 2021 via Charge ID 100458331 with Axis Bank Limited was fully satisfied on 19 May 2024.
A charge registered on 21 Oct 2020 via Charge ID 100408919 with Hdfc Bank Limited was fully satisfied on 06 May 2024.
A charge with Hdfc Bank Limited amounted to Rs. 0.25 Cr with Charge ID 100915968 was registered on 03 May 2024.
Garg Industries Limited was incorporated on 11 Jan 1991.
The authorized share capital of Garg Industries Limited is ₹ 7.00 Cr and paid-up capital is ₹ 5.55 Cr.
Currently 4 directors are associated with Garg Industries Limited.
As per Ministry of Corporate Affairs (Mca), the registered address of Garg Industries Limited is D-128 Upper Ground Floor New Rajinder Nagar Near Post Office Shankar Road, New Delhi, India, 110060.
The corporate identification number (CIN) of Garg Industries Limited is U27106DL1991PLC222970 and the company number is 222970 as per Ministry of Corporate Affairs (MCA).
According to the financial reports for the fiscal year 2023, the revenue trend for Garg Industries Limited has fallen by -18.01%.
As Per 2023 financial reports, 56 employees are currently employed by Garg Industries Limited.
The financial reports for the fiscal year 2023 indicates that The net worth of Garg Industries Limited has experienced an upsurge of 4.47%.
As per the financial statements for fiscal Year 2023, The total open charges for Garg Industries Limited amount to ₹ 31.21 Cr.
The most recent Balance Sheet for Garg Industries Limited was filed with the ROC on 31 Mar 2023.
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