Garg Petroleums Limited

Transportation and distribution of LPG, gas, and petroleum products through tank trucks and semitrailers.

1998 | Delhi (India) | Active
Last Updated: December 22, 2024

Garg Petroleums Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 2.81 M
  • Company Age 26 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 3.68 M
  • Revenue Growth 7.11%
  • Profit Growth -14.68%
  • Ebitda -18.54%
  • Net Worth 6.62%
  • Total Assets 2.78%

About Garg Petroleums

Garg Petroleums Limited (GPL) is a Public Limited Indian Non-Government Company incorporated in India on 10 September 1998 and has a history of 26 years and four months. Its registered office is in Delhi, India.

The Company is engaged in the Transport And Logistics 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 5.00 M and a paid-up capital of Rs 2.81 M.

The company currently has active open charges totaling ₹3.68 M.

Mahesh Gupta, Nitin Gupta, Poonam Gupta, and Two other members serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1998PLC096175

  • Company No.

    096175

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    10 Sep 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Transport and Logistics

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

Board Members (5)

Name Designation Appointment Date Status
Mahesh Gupta Country flag representing In Whole-Time Director 10-Sep-1998 Current
Nitin Gupta Country flag representing In Director 08-Jul-2023 Current
Poonam Gupta Country flag representing In Director 29-Sep-2008 Current
Urmila Rani Country flag representing In Director 10-Sep-1998 Current
Bhushan Gupta Country flag representing In Director 10-Sep-1998 Current

Financial Performance of Garg Petroleums.

Garg Petroleums Limited, for the financial year ended 2022, experienced modest growth in revenue, with a 7.11% increase. The company also saw a substantial fall in profitability, with a 14.68% decrease in profit. The company's net worth moved up by a moderate rise of 6.62%.

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
7.11%
Revenue from Operations
7.35%
Total Assets
2.78%
Profit or Loss
-14.68%
Net Worth
6.62%
EBITDA
-18.54%

What is the Ownership and Shareholding Structure of Garg Petroleums?

In 2018, Garg Petroleums had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.68 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 0.35 Cr
  • Oriental Bank Of Commerce : 0.02 Cr

Latest Charge Details

Date Lender Amount Status
06 Oct 2017 Others ₹3.45 M Open
05 May 1999 Oriental Bank Of Commerce ₹0.23 M Open

How Many Employees Work at Garg Petroleums?

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

Recent activity within the organization

  • Annual General Meeting

    Garg Petroleums Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Garg Petroleums Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

    31 Mar 2024

  • Director Appointment

    Nitin Gupta was appointed as a Director was appointed as a Director on 08 Jul 2023 & has been associated with this company since 1 year 7 months .

    08 Jul 2023

  • Charges

    A charge with Others amounted to Rs. 3.45 M with Charge ID 100131982 was registered on 06 Oct 2017.

    06 Oct 2017

  • Director Appointment

    Poonam Gupta was appointed as a Director was appointed as a Director on 29 Sep 2008 & has been associated with this company since 16 years 4 months .

    29 Sep 2008

  • Charges

    A charge with Oriental Bank Of Commerce of Rs. 0.23 M registered on 05 May 1999 with Charge ID 90057043 was modified on 22 Jan 2001.

    22 Jan 2001

Frequently asked questions

  • Garg Petroleums Limited was incorporated on 10 Sep 1998.

  • The authorized share capital of Garg Petroleums Limited is ₹ 5.00 M and paid-up capital is ₹ 2.81 M.

  • Currently 5 directors are associated with Garg Petroleums Limited.

    • Mahesh Chand Gupta
    • Nitin Gupta
    • Poonam Gupta
    • Urmila Rani
    • Bhushan Lal Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Garg Petroleums Limited is E-155 Second Floor Mangol Puri Industrial Area, Phase-Ii India, New Delhi, 110083.

  • The corporate identification number (CIN) of Garg Petroleums Limited is U74899DL1998PLC096175 and the company number is 096175 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Garg Petroleums Limited has risen by 7.11%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Garg Petroleums Limited has experienced an upsurge of 6.62%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Garg Petroleums Limited amount to ₹ 3.68 M.

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