Gargo Motors Ltd

Gargo Motors Ltd

Authorized dealer of Tata Motors cars in Assam, with 5 showrooms and workshops in the state.
1997 | Tinsukia, Assam (India) | Active

Last Updated:

December 19, 2024
HomeCompanyGargo Motors Ltd

Who are the key members and board of directors at Gargo Motors?

Board Members(3)

NameDesignationAppointment DateStatus
Krishna Borthakur In Director 02-Jun-1997Current
Arundhati Baruah In Additional Director 14-Jan-2019Current
Mili Borthakur In Additional Director 14-Jan-2019Current

Financial Performance of Gargo Motors.

Gargo Motors Ltd, for the financial year ended 2021, experienced significant reduction in revenue, with a 95.79% decrease. The company also saw a substantial fall in profitability, with a 81.39% decrease in profit. The company's net worth moved up by a moderate rise of 0.48%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
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Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-95.79%
Revenue from Operations
-97.34%
Total Assets
-49.83%
Profit or Loss
-81.39%
Net Worth
0.48%
EBITDA
77.05%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges

₹18.00 Cr

LenderAmountStatus

Axis Bank Limited

Creation Date: 12 Mar 2019
₹3.00 CrOpen

Tata Capital Financial Services Limited

Creation Date: 21 Feb 2019
₹5.00 CrOpen

State Bank Of India

Creation Date: 27 Jun 2006
₹10.00 CrOpen

How Many Employees Work at Gargo Motors?

Gargo Motors has a workforce of 64 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.

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Latest Updates, News, and FAQs on Gargo Motors

Recent activity within the organization

  • Annual General Meeting

    Gargo Motors Ltd last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.

    30 Nov 2021

  • Balance Sheet

    Gargo Motors Ltd has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Shillong.

    31 Mar 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100256810 was registered on 12 Mar 2019.

    12 Mar 2019

  • Charges

    A charge with Tata Capital Financial Services Limited amounted to Rs. 5.00 Cr with Charge ID 100244101 was registered on 21 Feb 2019.

    21 Feb 2019

  • Director Appointment

    Arundhati Baruah was appointed as a Additional Director was appointed as a Additional Director on 14 Jan 2019 & has been associated with this company since 5 years 11 months .

    14 Jan 2019

  • Director Appointment

    Mili Borthakur was appointed as a Additional Director was appointed as a Additional Director on 14 Jan 2019 & has been associated with this company since 5 years 11 months .

    14 Jan 2019

Frequently asked questions

  • Gargo Motors Ltd was incorporated on 02 Jun 1997.

  • The authorized share capital of Gargo Motors Ltd is ₹ 2.00 Cr and paid-up capital is ₹ 1.65 Cr.

  • Currently 3 directors are associated with Gargo Motors Ltd.

    • Krishna Borthakur
    • Arundhati Baruah
    • Mili Borthakur
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gargo Motors Ltd is A.T Road, Hijuguri India, Tinsukia, Assam, 786125.

  • The corporate identification number (CIN) of Gargo Motors Ltd is U50101AS1997PLC005081 and the company number is 005081 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2021, the revenue trend for Gargo Motors Ltd has fallen by -95.79%.

  • As Per 2021 financial reports, 64 employees are currently employed by Gargo Motors Ltd.

  • The financial reports for the fiscal year 2021 indicates that The net worth of Gargo Motors Ltd has experienced an upsurge of 0.48%.

  • As per the financial statements for fiscal Year 2021, The total open charges for Gargo Motors Ltd amount to ₹ 18.00 Cr.

  • The most recent Balance Sheet for Gargo Motors Ltd was filed with the ROC on 31 Mar 2021.

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