Garg Ship Breaking Private Limited
Specializes in trading and breaking down ships, managing repairs and logistics for shipping industry.
2002 | Bhavnagar, Gujarat (India) | Active
Garg Ship Breaking Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 8.73 M
- Company Age 22 Year, 11 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 11 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
Metals and Minerals
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
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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)
Open Charges
₹8.96 Cr
Satisfied Charges
₹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.
Latest Updates, News, and FAQs on Garg Ship Breaking
Recent activity within the organization
- Annual General Meeting
Garg Ship Breaking Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
- Balance Sheet
Garg Ship Breaking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.
- Director Appointment
Asharani Shivchand Gupta was appointed as a Director was appointed as a Director on 29 Jan 2019 & has been associated with this company since 6 years 2 months .
- Charges
A charge with Axis Bank Limited of Rs. 4.48 Cr registered on 17 Nov 2017 with Charge ID 100138179 was modified on 21 Dec 2018.
- Charges
A charge with Axis Bank Limited of Rs. 4.48 Cr registered on 14 Feb 2018 with Charge ID 100159391 was modified on 20 Dec 2018.
- Charges
A charge with Axis Bank Limited amounted to Rs. 4.48 Cr with Charge ID 100159391 was registered on 14 Feb 2018.
Frequently asked questions
What is the Incorporation or founding date of Garg Ship Breaking Private Limited?
Garg Ship Breaking Private Limited was incorporated on 11 Apr 2002.
What is authorized share capital and paid-up capital of Garg Ship Breaking Private Limited?
The authorized share capital of Garg Ship Breaking Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 8.73 M.
Who are the current board members & directors of Garg Ship Breaking Private Limited?
Currently 2 directors are associated with Garg Ship Breaking Private Limited.
- Ramniwas Omprakash Garg
- Asharani Shivchand Gupta
What is the registered address of Garg Ship Breaking Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Garg Ship Breaking Private Limited is Plot No. Dm-87-88, Kaliyabid Behind Ram Mantra Mandir India, Bhavnagar, Gujarat, 364002.
What is the corporate identification number (CIN) and company number of Garg Ship Breaking Private Limited?
The corporate identification number (CIN) of Garg Ship Breaking Private Limited is U35117GJ2002PTC040624 and the company number is 040624 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Garg Ship Breaking Private Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Garg Ship Breaking Private Limited has risen by 51.22%.
What change has been observed in the net worth of Garg Ship Breaking Private Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Garg Ship Breaking Private Limited has experienced an upsurge of 22.70%.
What are the total open charges for Garg Ship Breaking Private Limited?
As per the financial statements for fiscal Year 2021, The total open charges for Garg Ship Breaking Private Limited amount to ₹ 8.96 Cr.
When was the last Balance Sheet of Garg Ship Breaking Private Limited filed with the ROC?
The most recent Balance Sheet for Garg Ship Breaking Private Limited was filed with the ROC on 31 Mar 2021.
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