Garg Rerollers Private Limited

Manufacturer of basic iron and steel products, including ingots, bars, billets, and railway components.

1986 | Patna, Bihar (India) | Active
Last Updated: October 24, 2024

Garg Rerollers Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 3.00 M
  • Company Age 38 Year, 3 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 7.50 M
  • Satisfied Charges ₹ 7.46 Cr
  • Revenue Growth -68.87%
  • Profit Growth -17.70%
  • Ebitda 75.82%
  • Net Worth -33.28%
  • Total Assets -43.84%

About Garg Rerollers

Garg Rerollers Private Limited (GRPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 November 1986 and has a history of 38 years and three months. Its registered office is in Patna, Bihar, India.

The Corporate was formerly known as Gita Machanical Works Private Limited. 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 2.00 Cr and a paid-up capital of Rs 3.00 M.

The company currently has active open charges totaling ₹7.50 M. The company has closed loans amounting to ₹7.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

Asha Khetan and Rajesh Khetan serve as directors at the Company.

Company Details

  • Location

    Patna, Bihar, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27107BR1986PTC002463

  • Company No.

    002463

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Nov 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Patna

Industry

Engineering

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

Executive Team (1)

Name Designation Appointment Date Status
Rajesh Khetan Country flag representing In Managing Director 01-Dec-2014 Current

Board Members (1)

Name Designation Appointment Date Status
Asha Khetan Country flag representing In Director 01-Jul-2016 Current

Financial Performance of Garg Rerollers.

Garg Rerollers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 68.87% decrease. The company also saw a substantial fall in profitability, with a 17.7% decrease in profit. The company's net worth observed a substantial decline by a decrease of 33.28%.

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
-68.87%
Revenue from Operations
-67.98%
Total Assets
-43.84%
Profit or Loss
-17.70%
Net Worth
-33.28%
EBITDA
75.82%

What is the Ownership and Shareholding Structure of Garg Rerollers?

In 2023, Garg Rerollers 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

₹0.75 Cr

Satisfied Charges

₹7.46 Cr

Charges Breakdown by Lending Institutions

  • Others : 0.75 Cr

Latest Charge Details

Date Lender Amount Status
10 Jul 2019 Others ₹7.50 M Open
26 Jul 2018 Others ₹5.87 Cr Satisfied
21 Apr 1992 State Bank Of India ₹5.40 M Satisfied
26 Jul 1989 Bihar State Financial Corporation ₹4.00 M Satisfied
04 Jul 1989 Bihar State Credit And Investment Corporation Limited ₹6.53 M Satisfied

How Many Employees Work at Garg Rerollers?

Garg Rerollers has a workforce of 13 employees as of Apr 09, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

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

Recent activity within the organization

  • Charges

    A charge registered on 26 Jul 2018 via Charge ID 100204583 with Others was fully satisfied on 19 Sep 2024.

    19 Sep 2024

  • Annual General Meeting

    Garg Rerollers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Garg Rerollers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Patna.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 5.87 Cr registered on 26 Jul 2018 with Charge ID 100204583 was modified on 15 Dec 2020.

    15 Dec 2020

  • Charges

    A charge with Others amounted to Rs. 0.75 Cr with Charge ID 100274381 was registered on 10 Jul 2019.

    10 Jul 2019

  • Charges

    A charge with Others amounted to Rs. 5.87 Cr with Charge ID 100204583 was registered on 26 Jul 2018.

    26 Jul 2018

Frequently asked questions

  • Garg Rerollers Private Limited was incorporated on 06 Nov 1986.

  • The authorized share capital of Garg Rerollers Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 3.00 M.

  • Currently 2 directors are associated with Garg Rerollers Private Limited.

    • Asha Devi Khetan
    • Rajesh Kumar Khetan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Garg Rerollers Private Limited is J4 Fourth Floor Block -A Chandi Vyapar Bhawan, Exhibition Road India, Patna, Bihar, 800001.

  • The corporate identification number (CIN) of Garg Rerollers Private Limited is U27107BR1986PTC002463 and the company number is 002463 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Garg Rerollers Private Limited has fallen by -68.87%.

  • As Per 2023 financial reports, 13 employees are currently employed by Garg Rerollers Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Garg Rerollers Private Limited has experienced an downturn of -33.28%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Garg Rerollers Private Limited amount to ₹ 7.50 M.

  • The most recent Balance Sheet for Garg Rerollers Private Limited was filed with the ROC on 31 Mar 2023.

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