Garg Industries Private Limited

Garg Industries Private Limited

Trading non-ferrous metals and providing financial services since 1993 in Mumbai, Maharashtra.
1993 | Mumbai, Maharashtra (India) | Active

Last Updated:

December 17, 2024
HomeCompanyGarg Industries Private Limited

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

Board Members(2)

NameDesignationAppointment DateStatus
Saurabh Garg In Director 15-Apr-2004Current
Shyam Agrawal In Director 29-Mar-1993Current

Financial Performance and Corporate Structure Insights 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%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-74.47%
Revenue from Operations
-74.22%
Total Assets
-8.05%
Profit or Loss
-80.74%
Net Worth
0.40%
EBITDA
-399.74%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹15.20 Cr

₹40.05 Cr

LenderAmountStatus

Indian Overseas Bank

Creation Date: 22 Sep 2004
₹5.39 CrOpen

Indian Overseas Bank

Creation Date: 22 Aug 2004
₹5.39 CrOpen

Andhra Bank

Creation Date: 17 Jul 2000
₹3.60 MOpen

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.

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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.

    24 Sep 2024

  • Balance Sheet

    Garg Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 15 Feb 2005 via Charge ID 90355068 with Icici Bank Ltd. was fully satisfied on 05 Oct 2015.

    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.

    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.

    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.

    24 Feb 2015

Frequently asked questions

  • Garg Industries Private Limited was incorporated on 29 Mar 1993.

  • The authorized share capital of Garg Industries Private Limited is ₹ 7.00 Cr and paid-up capital is ₹ 9.23 M.

  • Currently 2 directors are associated with Garg Industries Private Limited.

    • Saurabh Garg
    • Shyam Sunder Agrawal
  • 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.

  • 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).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Garg Industries Private Limited has fallen by -74.47%.

  • As Per 2022 financial reports, 38 employees are currently employed by Garg Industries Private Limited.

  • 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%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Garg Industries Private Limited amount to ₹ 15.20 Cr.

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

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