Garg Ship Breaking Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 8.73 M
- Company Age 22 Year, 9 Months
- Last Filing with ROC 31 Mar 2021
- Open Charges ₹ 8.96 Cr
- Satisfied Charges ₹ 5.00 Cr
- Revenue Growth 51.22%
- Profit Growth 44.49%
- Ebitda -25.29%
- Net Worth 22.70%
- Total Assets 29.39%
About Garg Ship Breaking
Garg Ship Breaking Private Limited (GSBPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 April 2002 and has a history of 22 years and nine months. Its registered office is in Bhavnagar, Gujarat, India.
The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2021. It's a company limited by shares with an authorized capital of Rs 2.00 Cr and a paid-up capital of Rs 8.73 M.
The company currently has active open charges totaling ₹8.96 Cr. The company has closed loans amounting to ₹5.00 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ramniwas Garg and Asharani Gupta serve as directors at the Company.
Company Details
-
Location
Bhavnagar, Gujarat, India
-
Telephone
+91-XXXXXXXXXX
-
Email Address
-
Website
-
-
Social Media-
Corporate Identity Details
-
CIN/LLPIN
U35117GJ2002PTC040624
-
Company No.
040624
-
Company Classification
Private Limited Indian Non-Government Company
-
Incorporation Date
11 Apr 2002
-
Date of AGM
30 Nov 2021
-
Date of Balance Sheet
31 Mar 2021
-
Listing Status
Unlisted
-
ROC Code
Roc Ahmedabad
Industry
What products or services does Garg Ship Breaking Private Limited offer?
Garg Ship Breaking Private Limited offers a wide range of products and services, including Industrial Valves & Valve Fittings, Check Valves, Industrial Valves, MS Pipe, Mild Steel Seamless Pipe, Steel Pipes and Tubes, Ball Valves, Globe Valves, Gate & Sluice Valves, Rounded Pipe.
Who are the key members and board of directors at Garg Ship Breaking?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ramniwas Garg
|
Director | 11-Apr-2002 | Current |
|
Asharani Gupta
|
Director | 29-Jan-2019 | Current |
Financial Performance of Garg Ship Breaking.
Garg Ship Breaking Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 51.22% increase. The company also saw a substantial improvement in profitability, with a 44.49% increase in profit. The company's net worth Soared by an impressive increase of 22.7%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
|
(FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
|
||||||
| Revenue from Operations |
|
||||||
| Total Assets |
|
||||||
| Profit or Loss |
|
||||||
| Net Worth |
|
||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Garg Ship Breaking?
In 2020, Garg Ship Breaking 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)
₹8.96 Cr
₹5.00 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 8.96 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Feb 2018 | Axis Bank Limited | ₹4.48 Cr | Open |
| 17 Nov 2017 | Axis Bank Limited | ₹4.48 Cr | Open |
| 21 Feb 2014 | Hdfc Bank Limited | ₹4.00 Cr | Satisfied |
| 29 Nov 2006 | Oriental Bank Of Commerce | ₹1.00 Cr | Satisfied |
How Many Employees Work at Garg Ship Breaking?
Unlock and access historical data on people associated with Garg Ship Breaking, 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 Ship Breaking, 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 Ship Breaking'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.
