Garg Ispat Udyog Limited

Manufacturer and supplier of construction materials and equipment for real estate and construction projects.

1987 | Delhi (India) | Active
Last Updated:

Garg Ispat Udyog Profile

Key Indicators

  • Authorised Capital ₹ 1.60 Cr
  • Paid Up Capital ₹ 1.27 Cr
  • Company Age 37 Year, 8 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 68.50 Cr
  • Revenue Growth -11.94%
  • Profit Growth 101.03%
  • Ebitda 319.34%
  • Net Worth -45.93%
  • Total Assets 1.82%

About Garg Ispat Udyog

Garg Ispat Udyog Limited (GIUL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 July 1987 and has a history of 37 years and eight months. Its registered office is in Delhi, India.

The Corporate was formerly known as Garg Ispat Udyog Private Limited. 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 2022. It's a company limited by shares with an authorized capital of Rs 1.60 Cr and a paid-up capital of Rs 1.27 Cr.

The company currently has active open charges totaling ₹68.50 Cr.

Nidhi Gupta, Kamini Goyal, and Manish Gupta serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1987PLC028698

  • Company No.

    028698

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Jul 1987

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Manufacturing

What products or services does Garg Ispat Udyog Limited offer?

Garg Ispat Udyog Limited offers a wide range of products and services, including Cranes, Forklift & Lifting Machines, Tower Crane, Industrial & Engineering Goods, Engineering Goods, Door, Window Frame, Panel & Shutters, Rolling Shutters, Hydraulic Jacks, Lifts & Winches, Bottle Jacks, Scaffolding Pipes and Fittings, Scaffolding Props & Spans.

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

Board Members (3)

NameDesignationAppointment DateStatus
Nidhi Gupta Country flag representing In Whole-Time Director 23-Jan-2016Current
Kamini Goyal Country flag representing In Whole-Time Director 23-Jan-2016Current
Manish Gupta Country flag representing In Director 04-Apr-2003Current

Financial Performance of Garg Ispat Udyog.

Garg Ispat Udyog Limited, for the financial year ended 2018, experienced significant reduction in revenue, with a 11.94% decrease. The company also saw a substantial improvement in profitability, with a 101.03% increase in profit. The company's net worth observed a substantial decline by a decrease of 45.93%.

Garg Ispat Udyog revenue growth over time
Garg Ispat Udyog 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
-11.94%
Revenue from Operations
-11.73%
Total Assets
1.82%
Profit or Loss
101.03%
Net Worth
-45.93%
EBITDA
319.34%

What is the Ownership and Shareholding Structure of Garg Ispat Udyog?

In 2018, Garg Ispat Udyog had a promoter holding of 44.59% and a public holding of 55.41%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹68.50 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 67.92 Cr
  • Others : 0.58 Cr

Latest Charge Details

DateLenderAmountStatus
30 Sep 2016Others₹5.80 MOpen
31 Mar 2010State Bank Of India₹35.15 CrOpen
02 Sep 2009State Bank Of India₹17.44 CrOpen
11 Jul 2001State Bank Of India₹15.00 CrOpen
19 Dec 1998State Bank Of India₹2.00 MOpen

How Many Employees Work at Garg Ispat Udyog?

Garg Ispat Udyog has a workforce of 33 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 Ispat Udyog Limited

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Annual General Meeting

    Garg Ispat Udyog Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

  • Balance Sheet

    Garg Ispat Udyog Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Delhi.

  • Charges

    A charge with Others amounted to Rs. 0.58 Cr with Charge ID 100067523 was registered on 30 Sep 2016.

  • Director Appointment

    Nidhi Gupta was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 23 Jan 2016 & has been associated with this company since 9 years 2 months .

  • Director Appointment

    Kamini Goyal was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 23 Jan 2016 & has been associated with this company since 9 years 2 months .

  • Charges

    A charge with State Bank Of India of Rs. 15.00 Cr registered on 11 Jul 2001 with Charge ID 90036643 was modified on 21 Oct 2015.

Frequently asked questions

  • What is the Incorporation or founding date of Garg Ispat Udyog Limited?

    Garg Ispat Udyog Limited was incorporated on 23 Jul 1987.

  • What is authorized share capital and paid-up capital of Garg Ispat Udyog Limited?

    The authorized share capital of Garg Ispat Udyog Limited is ₹ 1.60 Cr and paid-up capital is ₹ 1.27 Cr.

  • Who are the current board members & directors of Garg Ispat Udyog Limited?

    Currently 3 directors are associated with Garg Ispat Udyog Limited.

    • Nidhi Gupta
    • Kamini Goyal
    • Manish Gupta

  • What is the registered address of Garg Ispat Udyog Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Garg Ispat Udyog Limited is G/181, Pushkar Enclave Paschim Vihar India, New Delhi, 110063.

  • What is the corporate identification number (CIN) and company number of Garg Ispat Udyog Limited?

    The corporate identification number (CIN) of Garg Ispat Udyog Limited is U74899DL1987PLC028698 and the company number is 028698 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Garg Ispat Udyog Limited?

    The Official website of Garg Ispat Udyog Limited is https://www.gargispat.com

  • What has been the recent revenue trend for Garg Ispat Udyog Limited?

    According to the financial reports for the fiscal year 2018, the revenue trend for Garg Ispat Udyog Limited has fallen by -11.94%.

  • How many employees does Garg Ispat Udyog Limited currently have?

    As Per 2018 financial reports, 33 employees are currently employed by Garg Ispat Udyog Limited.

  • What change has been observed in the net worth of Garg Ispat Udyog Limited, and by what percentage?

    The financial reports for the fiscal year 2018 indicates that The net worth of Garg Ispat Udyog Limited has experienced an downturn of -45.93%.

  • What are the total open charges for Garg Ispat Udyog Limited?

    As per the financial statements for fiscal Year 2018, The total open charges for Garg Ispat Udyog Limited amount to ₹ 68.50 Cr.

  • When was the last Balance Sheet of Garg Ispat Udyog Limited filed with the ROC?

    The most recent Balance Sheet for Garg Ispat Udyog Limited was filed with the ROC on 31 Mar 2022.

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