Garg Iron & Energyy Private Limited

Manufactures iron and steel and generates wind power in Tamil Nadu.

2004 | Chennai 600081, Tamil Nadu (India) | Active
Last Updated: July 25, 2024

Garg Iron & Energyy Profile

Key Indicators

  • Authorised Capital ₹ 1.10 Cr
  • Paid Up Capital ₹ 1.03 Cr
  • Company Age 20 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 49.00 Cr
  • Revenue Growth -91.40%
  • Profit Growth 21.42%
  • Ebitda -107.51%
  • Net Worth 2.08%
  • Total Assets 9.52%

About Garg Iron & Energyy

Garg Iron & Energyy Private Limited (GIEPL) is a Private Limited Indian Non-Government Company incorporated in India on 14 October 2004 and has a history of 20 years and three months. Its registered office is in Chennai 600081, Tamil Nadu, India.

The Corporate was formerly known as Garg Iron & Energy Private 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 1.10 Cr and a paid-up capital of Rs 1.03 Cr.

The company has closed loans amounting to ₹49.00 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Neelam Garg and Sandeep Agarwal serve as directors at the Company.

Company Details

  • Location

    Chennai 600081, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27102TN2004PTC054466

  • Company No.

    054466

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    14 Oct 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Metals and Minerals
Energy and Power

Who are the key members and board of directors at Garg Iron & Energyy?

Board Members (2)

Name Designation Appointment Date Status
Neelam Garg Country flag representing In Whole-Time Director 14-Oct-2004 Current
Sandeep Agarwal Country flag representing In Director 11-Feb-2020 Current

Financial Performance of Garg Iron & Energyy.

Garg Iron & Energyy Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 91.4% decrease. The company also saw a substantial improvement in profitability, with a 21.42% increase in profit. The company's net worth moved up by a moderate rise of 2.08%.

Graph illustrating revenue growth over time
Graph showing 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
-91.40%
Revenue from Operations
Total Assets
9.52%
Profit or Loss
21.42%
Net Worth
2.08%
EBITDA
-107.51%

What is the Ownership and Shareholding Structure of Garg Iron & Energyy?

In 2023, Garg Iron & Energyy had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹49.00 Cr

Charges Breakdown by Lending Institutions

  • The Jammu & Kashmir Bank Limited : 49.00 Cr

Latest Charge Details

Date Lender Amount Status
24 Oct 2005 The Jammu & Kashmir Bank Limited ₹49.00 Cr Satisfied

How Many Employees Work at Garg Iron & Energyy?

Unlock and access historical data on people associated with Garg Iron & Energyy, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Garg Iron & Energyy, 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 Iron & Energyy'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 Iron & Energyy

Recent activity within the organization

  • Annual General Meeting

    Garg Iron & Energyy Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Garg Iron & Energyy Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Director Appointment

    Sandeep Agarwal was appointed as a Director was appointed as a Director on 11 Feb 2020 & has been associated with this company since 4 years 11 months .

    11 Feb 2020

  • Charges

    A charge registered on 24 Oct 2005 via Charge ID 90287050 with The Jammu & Kashmir Bank Limited was fully satisfied on 15 Mar 2017.

    15 Mar 2017

  • Charges

    A charge with The Jammu & Kashmir Bank Limited of Rs. 49.00 Cr registered on 24 Oct 2005 with Charge ID 90287050 was modified on 11 Aug 2014.

    11 Aug 2014

  • Charges

    A charge with The Jammu & Kashmir Bank Limited amounted to Rs. 49.00 Cr with Charge ID 90287050 was registered on 24 Oct 2005.

    24 Oct 2005

Frequently asked questions

  • Garg Iron & Energyy Private Limited was incorporated on 14 Oct 2004.

  • The authorized share capital of Garg Iron & Energyy Private Limited is ₹ 1.10 Cr and paid-up capital is ₹ 1.03 Cr.

  • Currently 2 directors are associated with Garg Iron & Energyy Private Limited.

    • Neelam Garg
    • Sandeep Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Garg Iron & Energyy Private Limited is 2 Vaidyanathan Streettondiarpet Chennai 81, Chennai 600081, Tamil Nadu, India.

  • The corporate identification number (CIN) of Garg Iron & Energyy Private Limited is U27102TN2004PTC054466 and the company number is 054466 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Garg Iron & Energyy Private Limited is https://www.gargiron.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Garg Iron & Energyy Private Limited has fallen by -91.40%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Garg Iron & Energyy Private Limited has experienced an upsurge of 2.08%.

  • The most recent Balance Sheet for Garg Iron & Energyy Private Limited was filed with the ROC on 31 Mar 2023.

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