Garg Polyplast Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 7.06 M
- Company Age 26 Year, 22 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 2.28 Cr
- Satisfied Charges ₹ 5.10 Cr
- Revenue Growth 16.76%
- Profit Growth 9.94%
- Ebitda -2.94%
- Net Worth 12.76%
- Total Assets 8.70%
About Garg Polyplast
Garg Polyplast Private Limited (GPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 05 April 1999 and has a history of 26 years. Its registered office is in Ludhiana, Punjab, India.
The Company is engaged in the Packaging 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 Cr and a paid-up capital of Rs 7.06 M.
The company currently has active open charges totaling ₹2.28 Cr. The company has closed loans amounting to ₹5.10 Cr, as per Ministry of Corporate Affairs (MCA) records.
Sanjay Gupta, Sharan Garg, and Hari Garg serve as directors at the Company.
Company Details
- Location
Ludhiana, Punjab, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25209PB1999PTC022428
- Company No.
022428
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
05 Apr 1999
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Packaging
What products or services does Garg Polyplast Private Limited offer?
Garg Polyplast Private Limited offers a wide range of products and services, including Rice Bags, BOPP Rice Bag, Plastic Packaging Bags, BOPP Pouches, Food Packaging Bag, Packaging Pouch, Food Packaging Pouches, Ice Cream Packaging Pouches, Face Mask, 3 Ply Face Mask.
Garg Polyplast Private Limited
Explore comprehensive data for Garg Polyplast Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Garg Polyplast?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hari Garg  | Director | 07-Mar-2015 | Current |
| Sanjay Gupta | Director | 01-Jul-2000 | Current |
| Sharan Garg | Director | 01-Jan-2011 | Current |
Financial Performance of Garg Polyplast.
Garg Polyplast Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.76% increase. The company also saw a slight improvement in profitability, with a 9.94% increase in profit. The company's net worth Soared by an impressive increase of 12.76%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Garg Polyplast?
In 2023, Garg Polyplast had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹2.28 Cr
Satisfied Charges
₹5.10 Cr
Charges Breakdown by Lending Institutions
- Hdfc Bank Limited : 1.77 Cr
- Others : 0.41 Cr
- Canara Bank : 0.10 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 01 Dec 2022 | Hdfc Bank Limited | ₹1.77 Cr | Open |
| 27 Apr 2021 | Others | ₹4.13 M | Open |
| 17 Feb 2020 | Canara Bank | ₹0.98 M | Open |
| 09 Nov 2021 | Canara Bank | ₹1.25 M | Satisfied |
| 27 Sep 2020 | Canara Bank | ₹2.30 M | Satisfied |
How Many Employees Work at Garg Polyplast?
Unlock and access historical data on people associated with Garg Polyplast, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Garg Polyplast, 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 Polyplast's trajectory.
Rating
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
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 Polyplast
Recent activity within the organization
- Annual General Meeting
Garg Polyplast Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Garg Polyplast Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
- Charges
A charge registered on 09 Nov 2021 via Charge ID 100522134 with Canara Bank was fully satisfied on 02 Mar 2023.
- Charges
A charge registered on 27 Sep 2020 via Charge ID 100384502 with Canara Bank was fully satisfied on 02 Mar 2023.
- Charges
A charge registered on 27 Sep 2020 via Charge ID 100385093 with Canara Bank was fully satisfied on 02 Mar 2023.
- Charges
A charge registered on 13 Dec 1999 via Charge ID 90171019 with Canara Bank was fully satisfied on 02 Mar 2023.
Frequently asked questions
What is the Incorporation or founding date of Garg Polyplast Private Limited?
Garg Polyplast Private Limited was incorporated on 05 Apr 1999.
What is authorized share capital and paid-up capital of Garg Polyplast Private Limited?
The authorized share capital of Garg Polyplast Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 7.06 M.
Who are the current board members & directors of Garg Polyplast Private Limited?
Currently 3 directors are associated with Garg Polyplast Private Limited.
- Sanjay Gupta
- Sharan Garg
- Hari Garg
What is the registered address of Garg Polyplast Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Garg Polyplast Private Limited is 48/2 Mahavir Jain Colony Jamalpur Awana, Ludhiana, Punjab, India, 141007.
What is the corporate identification number (CIN) and company number of Garg Polyplast Private Limited?
The corporate identification number (CIN) of Garg Polyplast Private Limited is U25209PB1999PTC022428 and the company number is 022428 as per Ministry of Corporate Affairs (MCA).
What is the official website of Garg Polyplast Private Limited?
The Official website of Garg Polyplast Private Limited is https://www.gargpolyplast.in
What has been the recent revenue trend for Garg Polyplast Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Garg Polyplast Private Limited has risen by 16.76%.
What change has been observed in the net worth of Garg Polyplast Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Garg Polyplast Private Limited has experienced an upsurge of 12.76%.
What are the total open charges for Garg Polyplast Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Garg Polyplast Private Limited amount to ₹ 2.28 Cr.
When was the last Balance Sheet of Garg Polyplast Private Limited filed with the ROC?
The most recent Balance Sheet for Garg Polyplast Private Limited was filed with the ROC on 31 Mar 2023.
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