Garg Industries Private Limited
Trading non-ferrous metals and providing financial services since 1993 in Mumbai, Maharashtra.
1993 | Mumbai, Maharashtra (India) | Active
Garg Industries Profile
Key Indicators
- Authorised Capital ₹ 7.00 Cr
- Paid Up Capital ₹ 9.23 M
- Company Age 31 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 15.20 Cr
- Satisfied Charges ₹ 40.05 Cr
- Revenue Growth -74.47%
- Profit Growth -80.74%
- Ebitda -399.74%
- Net Worth 0.40%
- Total Assets -8.05%
About Garg Industries
Garg Industries Private Limited (GIPL) is a Private Limited Indian Non-Government Company incorporated in India on 29 March 1993 and has a history of 31 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.
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 2024. It's a company limited by shares with an authorized capital of Rs 7.00 Cr and a paid-up capital of Rs 9.23 M.
The company currently has active open charges totaling ₹15.20 Cr. The company has closed loans amounting to ₹40.05 Cr, as per Ministry of Corporate Affairs (MCA) records.
Saurabh Garg and Shyam Agrawal serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U27104MH1993PTC148383
- Company No.
148383
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
29 Mar 1993
- Date of AGM
24 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Metals and Minerals
Financial Services
Garg Industries Private Limited
Explore comprehensive data for Garg Industries Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Garg Industries?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Saurabh Garg  | Director | 15-Apr-2004 | Current |
| Shyam Agrawal | Director | 29-Mar-1993 | Current |
Financial Performance of Garg Industries.
Garg Industries Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 74.47% decrease. The company also saw a substantial fall in profitability, with a 80.74% decrease in profit. The company's net worth moved up by a moderate rise of 0.4%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Garg Industries?
In 2020, Garg Industries had a promoter holding of 4.67% and a public holding of 95.33%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹15.20 Cr
Satisfied Charges
₹40.05 Cr
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 10.78 Cr
- Small Industries Development Bank Of India : 4.05 Cr
- Andhra Bank : 0.36 Cr
- Bank Of India : 0.01 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 22 Sep 2004 | Indian Overseas Bank | ₹5.39 Cr | Open |
| 22 Aug 2004 | Indian Overseas Bank | ₹5.39 Cr | Open |
| 17 Jul 2000 | Andhra Bank | ₹3.60 M | Open |
| 18 Mar 1997 | Bank Of India | ₹0.05 M | Open |
| 11 Mar 1994 | Small Industries Development Bank Of India | ₹2.00 Cr | Open |
How Many Employees Work at Garg Industries?
Garg Industries has a workforce of 38 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.
Deals i
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.
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.
Latest Updates, News, and FAQs on Garg Industries
Recent activity within the organization
- Annual General Meeting
Garg Industries Private Limited last Annual general meeting of members was held on 24 Sep 2024 as per latest MCA records.
- Balance Sheet
Garg Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Charges
A charge registered on 15 Feb 2005 via Charge ID 90355068 with Icici Bank Ltd. was fully satisfied on 05 Oct 2015.
- Charges
A charge registered on 21 Apr 2006 via Charge ID 10003149 with Canara Bank was fully satisfied on 24 Feb 2015.
- Charges
A charge registered on 16 Mar 2005 via Charge ID 90387685 with Canara Bank was fully satisfied on 24 Feb 2015.
- Charges
A charge registered on 20 Oct 2004 via Charge ID 90387663 with Canara Bank was fully satisfied on 24 Feb 2015.
Frequently asked questions
What is the Incorporation or founding date of Garg Industries Private Limited?
Garg Industries Private Limited was incorporated on 29 Mar 1993.
What is authorized share capital and paid-up capital of Garg Industries Private Limited?
The authorized share capital of Garg Industries Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 9.23 M.
Who are the current board members & directors of Garg Industries Private Limited?
Currently 2 directors are associated with Garg Industries Private Limited.
- Saurabh Garg
- Shyam Sunder Agrawal
What is the registered address of Garg Industries Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Garg Industries Private Limited is 421 Maker Chamber V Nariman Point, India, Mumbai, Maharashtra, 400021.
What is the corporate identification number (CIN) and company number of Garg Industries Private Limited?
The corporate identification number (CIN) of Garg Industries Private Limited is U27104MH1993PTC148383 and the company number is 148383 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Garg Industries Private Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for Garg Industries Private Limited has fallen by -74.47%.
How many employees does Garg Industries Private Limited currently have?
As Per 2022 financial reports, 38 employees are currently employed by Garg Industries Private Limited.
What change has been observed in the net worth of Garg Industries Private Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Garg Industries Private Limited has experienced an upsurge of 0.40%.
What are the total open charges for Garg Industries Private Limited?
As per the financial statements for fiscal Year 2022, The total open charges for Garg Industries Private Limited amount to ₹ 15.20 Cr.
When was the last Balance Sheet of Garg Industries Private Limited filed with the ROC?
The most recent Balance Sheet for Garg Industries Private Limited was filed with the ROC on 31 Mar 2024.
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