Garg Steel Tubes Private Limited

Authorized stockiest of steel tubes and pipes, offering a variety of sizes and types.

2007 | East Delhi, Delhi (India) | Active
Last Updated: June 24, 2024

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

Board Members (2)

NameDesignationAppointment DateStatus
Nitish Gupta Country flag representing In Director 25-Mar-2014Current
Satish Gupta Country flag representing In Director 02-Feb-2007Current

Financial Performance of Garg Steel Tubes.

Garg Steel Tubes Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 18.87% decrease. The company also saw a substantial fall in profitability, with a 52.87% decrease in profit. The company's net worth moved up by a moderate rise of 2.64%.

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
-18.87%
Revenue from Operations
-19.52%
Total Assets
-5.97%
Profit or Loss
-52.87%
Net Worth
2.64%
EBITDA
-349.33%

Charges (Loans)

Open Charges

₹120.00 M

Satisfied Charges

₹56.00 M

Charges Breakdown by Lending Institutions

  • Others : 6.00 Cr
  • Hdfc Bank Limited : 4.00 Cr
  • Tata Capital Financial Services Limited : 2.00 Cr

Latest Charge Details

DateLenderAmountStatus
16 Feb 2024Others₹6.00 CrOpen
21 Nov 2023Hdfc Bank Limited₹5.00 MOpen
10 Feb 2021Hdfc Bank Limited₹3.50 CrOpen
08 Sep 2020Tata Capital Financial Services Limited₹1.00 CrOpen
17 Jun 2019Tata Capital Financial Services Limited₹1.00 CrOpen

How Many Employees Work at Garg Steel Tubes?

Unlock and access historical data on people associated with Garg Steel Tubes, 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 Steel Tubes, 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 Steel Tubes'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 Steel Tubes

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 60.00 M registered on 16 Feb 2024 with Charge ID 100876936 was modified on 21 Feb 2024.

    21 Feb 2024

  • Charges

    A charge with Others amounted to Rs. 60.00 M with Charge ID 100876936 was registered on 16 Feb 2024.

    16 Feb 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 5.00 M with Charge ID 100845604 was registered on 21 Nov 2023.

    21 Nov 2023

  • Annual General Meeting

    Garg Steel Tubes 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 Steel Tubes Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 35.00 M with Charge ID 100440871 was registered on 10 Feb 2021.

    10 Feb 2021

Frequently asked questions

  • Garg Steel Tubes Private Limited was incorporated on 02 Feb 2007.

  • The authorized share capital of Garg Steel Tubes Private Limited is ₹ 5.00 M and paid-up capital is ₹ 0.75 M.

  • Currently 2 directors are associated with Garg Steel Tubes Private Limited.

    • Nitish Gupta
    • Satish Kumar Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Garg Steel Tubes Private Limited is 26 Ground Floor Manak Vihar, East Delhi, India, 110092.

  • The corporate identification number (CIN) of Garg Steel Tubes Private Limited is U27109DL2007PTC158680 and the company number is 158680 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Garg Steel Tubes Private Limited has fallen by -18.87%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Garg Steel Tubes Private Limited has experienced an upsurge of 2.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Garg Steel Tubes Private Limited amount to ₹ 12.00 Cr.

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

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