Gargo Towers Private Limited

Provides hotel services and manages various establishments such as restaurants, shopping malls, and bars.

2009 | Tinsukia, Assam (India) | Active
Last Updated: January 12, 2025

Gargo Towers Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 0.64 M
  • Company Age 15 Year, 8 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -38.64%
  • Profit Growth -70.20%
  • Ebitda -53.19%
  • Net Worth 0.96%
  • Total Assets -7.35%

About Gargo Towers

Gargo Towers Private Limited (GTPL) is a Private Limited Indian Non-Government Company incorporated in India on 27 May 2009 and has a history of 15 years and eight months. Its registered office is in Tinsukia, Assam, India.

The Company is engaged in the Travel And Hospitality 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 1.00 Cr and a paid-up capital of Rs 0.64 M, as per Ministry of Corporate Affairs (MCA) records.

Krishna Borthakur and Suman Gargo serve as directors at the Company.

Company Details

  • Location

    Tinsukia, Assam, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U70100AS2009PTC009065

  • Company No.

    009065

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 May 2009

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Travel and Hospitality

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

Board Members (2)

Name Designation Appointment Date Status
Krishna Borthakur Country flag representing In Director 27-May-2009 Current
Suman Gargo Country flag representing In Additional Director 14-Jan-2019 Current

Financial Performance of Gargo Towers.

Gargo Towers Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 38.64% decrease. The company also saw a substantial fall in profitability, with a 70.2% decrease in profit. The company's net worth moved up by a moderate rise of 0.96%.

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
-38.64%
Revenue from Operations
-38.69%
Total Assets
-7.35%
Profit or Loss
-70.20%
Net Worth
0.96%
EBITDA
-53.19%

What is the Ownership and Shareholding Structure of Gargo Towers?

In 2019, Gargo Towers had a promoter holding of 31.32% and a public holding of 68.68%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Gargo Towers?

Gargo Towers has a workforce of 15 employees as of Apr 06, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gargo Towers, 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 Gargo Towers'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 Gargo Towers

Recent activity within the organization

  • Annual General Meeting

    Gargo Towers Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Gargo Towers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Shillong.

    31 Mar 2023

  • Director Appointment

    Suman Gargo was appointed as a Additional Director was appointed as a Additional Director on 14 Jan 2019 & has been associated with this company since 6 years 23 days .

    14 Jan 2019

  • Director Appointment

    Krishna Borthakur was appointed as a Director was appointed as a Director on 27 May 2009 & has been associated with this company since 15 years 8 months .

    27 May 2009

  • Company Incorporation

    Gargo Towers Private Limited was registered on 27 May 2009 with Roc Shillong & aged 15 years 8 months as per MCA records.

    27 May 2009

Frequently asked questions

  • Gargo Towers Private Limited was incorporated on 27 May 2009.

  • The authorized share capital of Gargo Towers Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 0.64 M.

  • Currently 2 directors are associated with Gargo Towers Private Limited.

    • Krishna Borthakur
    • Suman Gargo
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gargo Towers Private Limited is A. T. Road Hijuguri India, Tinsukia, Assam, 786125.

  • The corporate identification number (CIN) of Gargo Towers Private Limited is U70100AS2009PTC009065 and the company number is 009065 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Gargo Towers Private Limited has fallen by -38.64%.

  • As Per 2020 financial reports, 15 employees are currently employed by Gargo Towers Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Gargo Towers Private Limited has experienced an upsurge of 0.96%.

  • The most recent Balance Sheet for Gargo Towers Private Limited was filed with the ROC on 31 Mar 2023.

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