Garg Sons Estate Promoters Private Limited

Road construction contractor for government projects in India.

2004 | U T, Chandigarh (India) | Active
Last Updated: October 24, 2024

Garg Sons Estate Promoters Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.13 M
  • Company Age 20 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 119.86 Cr
  • Satisfied Charges ₹ 45.06 Cr
  • Revenue Growth 67.90%
  • Profit Growth 87.37%
  • Ebitda 65.21%
  • Net Worth 22.72%
  • Total Assets 54.53%

About Garg Sons Estate Promoters

Garg Sons Estate Promoters Private Limited (GSEPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 16 June 2004 and has a history of 20 years and seven months. Its registered office is in U T, Chandigarh.

The Company is engaged in the Infrastructure And Utilities 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 2.13 M.

The company currently has active open charges totaling ₹119.86 Cr. The company has closed loans amounting to ₹45.06 Cr, as per Ministry of Corporate Affairs (MCA) records.

Ashok Garg, Rahul, and Nitin Garg serve as directors at the Company.

Company Details

  • Location
    U T, Chandigarh
  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45200CH2004PTC027205

  • Company No.

    027205

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Jun 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Infrastructure and Utilities

Who are the key members and board of directors at Garg Sons Estate Promoters?

Executive Team (1)

Name Designation Appointment Date Status
Rahul Country flag representing In Managing Director 01-Jul-2008 Current

Board Members (2)

Name Designation Appointment Date Status
Ashok Garg Country flag representing In Director 16-Jun-2004 Current
Nitin Garg Country flag representing In Director 29-Nov-2014 Current

Financial Performance of Garg Sons Estate Promoters.

Garg Sons Estate Promoters Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 67.9% increase. The company also saw a substantial improvement in profitability, with a 87.37% increase in profit. The company's net worth Soared by an impressive increase of 22.72%.

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
67.90%
Revenue from Operations
68.47%
Total Assets
54.53%
Profit or Loss
87.37%
Net Worth
22.72%
EBITDA
65.21%

What is the Ownership and Shareholding Structure of Garg Sons Estate Promoters?

In 2023, Garg Sons Estate Promoters 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

₹119.86 Cr

Satisfied Charges

₹45.06 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 70.11 Cr
  • Others : 38.16 Cr
  • Hdb Financial Services Limited : 6.21 Cr
  • Axis Bank Limited : 4.65 Cr
  • L & T Finance Limited : 0.54 Cr
  • Others : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
26 Jul 2024 Axis Bank Limited ₹1.30 Cr Open
12 Jul 2024 Hdb Financial Services Limited ₹3.42 Cr Open
22 Jun 2024 Axis Bank Limited ₹5.53 M Open
21 Jun 2024 Hdb Financial Services Limited ₹6.39 M Open
15 May 2024 Hdb Financial Services Limited ₹4.08 M Open

How Many Employees Work at Garg Sons Estate Promoters?

Unlock and access historical data on people associated with Garg Sons Estate Promoters, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Garg Sons Estate Promoters, 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 Sons Estate Promoters'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 Sons Estate Promoters

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 1.30 Cr with Charge ID 100961788 was registered on 26 Jul 2024.

    26 Jul 2024

  • Charges

    A charge with Hdb Financial Services Limited amounted to Rs. 3.42 Cr with Charge ID 100961749 was registered on 12 Jul 2024.

    12 Jul 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.55 Cr with Charge ID 100944528 was registered on 22 Jun 2024.

    22 Jun 2024

  • Charges

    A charge with Hdb Financial Services Limited amounted to Rs. 0.64 Cr with Charge ID 100944535 was registered on 21 Jun 2024.

    21 Jun 2024

  • Charges

    A charge registered on 29 Apr 2022 via Charge ID 100569948 with Others was fully satisfied on 12 Jun 2024.

    12 Jun 2024

  • Charges

    A charge registered on 30 Mar 2023 via Charge ID 100709083 with Hdb Financial Services Limited was fully satisfied on 03 Jun 2024.

    03 Jun 2024

Frequently asked questions

  • Garg Sons Estate Promoters Private Limited was incorporated on 16 Jun 2004.

  • The authorized share capital of Garg Sons Estate Promoters Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.13 M.

  • Currently 3 directors are associated with Garg Sons Estate Promoters Private Limited.

    • Ashok Kumar Garg
    • Rahul
    • Nitin Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Garg Sons Estate Promoters Private Limited is 260Sector 9 C India, U T, Chandigarh.

  • The corporate identification number (CIN) of Garg Sons Estate Promoters Private Limited is U45200CH2004PTC027205 and the company number is 027205 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Garg Sons Estate Promoters Private Limited is https://www.gsepl.org

  • According to the financial reports for the fiscal year 2023, the revenue trend for Garg Sons Estate Promoters Private Limited has risen by 67.90%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Garg Sons Estate Promoters Private Limited has experienced an upsurge of 22.72%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Garg Sons Estate Promoters Private Limited amount to ₹ 119.86 Cr.

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

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