Garg Polyplast Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 7.06 M
- Company Age 25 Year, 10 Months
- 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 25 years and ten months. 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
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Location
Ludhiana, Punjab, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U25209PB1999PTC022428
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Company No.
022428
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
05 Apr 1999
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Date of AGM
30 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Chandigarh
Industry
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.
Who are the key members and board of directors at Garg Polyplast?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Hari Garg
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Director | 07-Mar-2015 | Current |
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Sanjay Gupta
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Director | 01-Jul-2000 | Current |
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Sharan Garg
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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%.
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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)
₹2.28 Cr
₹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.
