Garg Metals Pvt Ltd

Manufacturer of steel products for defense and industrial clients, with ISO certification.

1986 | Pune, Maharashtra (India) | Active
Last Updated: July 17, 2024

Garg Metals Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 1.00 M
  • Company Age 39 Year, 4 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.04 Cr
  • Satisfied Charges ₹ 1.87 Cr
  • Revenue Growth 143.88%
  • Profit Growth 27.98%
  • Ebitda -60.49%
  • Net Worth -28.78%
  • Total Assets -30.14%

About Garg Metals

Garg Metals Pvt Ltd (GMPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 February 1986 and has a history of 39 years. Its registered office is in Pune, Maharashtra, India.

The Company is engaged in the Engineering 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 1.00 M and a paid-up capital of Rs 1.00 M.

The company currently has active open charges totaling ₹2.04 Cr. The company has closed loans amounting to ₹1.87 Cr, as per Ministry of Corporate Affairs (MCA) records.

Neha Agarwal, Rohit Agarwal, Hemlata Agarwal, and One other member serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gargmetals.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29299MH1986PTC038894

  • Company No.

    038894

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Feb 1986

  • Date of AGM

    22 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Engineering

What products or services does Garg Metals Pvt Ltd offer?

Garg Metals Pvt Ltd offers a wide range of products and services, including Generators, Turbines & Power Plants, Generator Parts, Canopy Sheds, Canopies, Fuel Storage Tanks, Diesel Storage Tank, Heat Exchangers, Tube Heat Exchangers, Base Frame, Oil Storage Tanks.

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

Board Members (4)

Name Designation Appointment Date Status
Neha Agarwal Country flag representing In Director 27-Jan-2010 Current
Rohit Agarwal Country flag representing In Director 01-Jul-2005 Current
Hemlata Agarwal Country flag representing In Director 01-Apr-1996 Current
Ankush Agarwal Country flag representing In Director 01-Jul-2005 Current

Financial Performance of Garg Metals.

Garg Metals Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 143.88% increase. The company also saw a substantial improvement in profitability, with a 27.98% increase in profit. The company's net worth observed a substantial decline by a decrease of 28.78%.

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
143.88%
Revenue from Operations
Total Assets
-30.14%
Profit or Loss
27.98%
Net Worth
-28.78%
EBITDA
-60.49%

What is the Ownership and Shareholding Structure of Garg Metals?

In 2023, Garg Metals had a promoter holding of 94.00% and a public holding of 6.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.38 M

Satisfied Charges

₹18.74 M

Charges Breakdown by Lending Institutions

  • Others : 1.98 Cr
  • State Bank Of India : 0.06 Cr

Latest Charge Details

Date Lender Amount Status
08 Apr 2024 Others ₹1.98 Cr Open
31 Mar 1987 State Bank Of India ₹0.30 M Open
31 Mar 1987 State Bank Of India ₹0.30 M Open
29 Jan 2019 Others ₹1.05 Cr Satisfied
11 Feb 2008 Axis Bank Limited ₹0.74 M Satisfied

How Many Employees Work at Garg Metals?

Unlock and access historical data on people associated with Garg Metals, 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 Metals, 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 Metals'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 Metals

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 19.78 M with Charge ID 100905756 was registered on 08 Apr 2024.

    08 Apr 2024

  • Charges

    A charge registered on 29 Jan 2019 via Charge ID 100234775 with Others was fully satisfied on 30 Mar 2024.

    30 Mar 2024

  • Annual General Meeting

    Garg Metals Pvt Ltd last Annual general meeting of members was held on 22 Aug 2023 as per latest MCA records.

    22 Aug 2023

  • Balance Sheet

    Garg Metals Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 10.50 M with Charge ID 100234775 was registered on 29 Jan 2019.

    29 Jan 2019

  • Charges

    A charge registered on 30 Oct 2007 via Charge ID 10076063 with Axis Bank Limited was fully satisfied on 20 Dec 2018.

    20 Dec 2018

Frequently asked questions

  • Garg Metals Pvt Ltd was incorporated on 10 Feb 1986.

  • The authorized share capital of Garg Metals Pvt Ltd is ₹ 1.00 M and paid-up capital is ₹ 1.00 M.

  • Currently 4 directors are associated with Garg Metals Pvt Ltd.

    • Neha Ankush Agarwal
    • Rohit Ramkumar Agarwal
    • Hemlata Ramkumar Agarwal
    • Ankush Ramkumar Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Garg Metals Pvt Ltd is 67/9 D-3 Blockchinchwad India, Pune, Maharashtra, 411019.

  • The corporate identification number (CIN) of Garg Metals Pvt Ltd is U29299MH1986PTC038894 and the company number is 038894 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Garg Metals Pvt Ltd is https://www.gargmetals.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Garg Metals Pvt Ltd has risen by 143.88%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Garg Metals Pvt Ltd has experienced an downturn of -28.78%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Garg Metals Pvt Ltd amount to ₹ 2.04 Cr.

  • The most recent Balance Sheet for Garg Metals Pvt Ltd was filed with the ROC on 31 Mar 2023.