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Gargs Engineers Limited

Manufacturer of heavy fabrications and components for various industries, including fuel tanks and pipes.
1986 | Seraikela-Kharsawan, Jharkhand (India) | Active

Last Updated:

October 24, 2024
HomeCompanyGargs Engineers Limited

Who are the key members and board of directors at Gargs Engineers?

Board Members(7)

NameDesignationAppointment DateStatus
Sunil Garg In Director 01-Aug-1999Current
Anil Garg In Director 11-Mar-2004Current
Sonia Garg In Director 06-Aug-1992Current
Ramesh Sonthalia In Director 04-Oct-2013Current
Manish Singhania In Director 04-Oct-2013Current
Neelam Garg In Director 27-Jul-2011Current

Financial Performance of Gargs Engineers.

Gargs Engineers Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.91% increase. The company also saw a substantial fall in profitability, with a 25.78% decrease in profit. The company's net worth moved up by a moderate rise of 8.4%.

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  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
7.91%
Revenue from Operations
7.79%
Total Assets
20.32%
Profit or Loss
-25.78%
Net Worth
8.40%
EBITDA
-3.85%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹43.57 Cr

₹17.60 Cr

LenderAmountStatus

Others

Creation Date: 05 Aug 2024
₹12.00 CrOpen

Others

Creation Date: 26 Aug 2022
₹0.85 MOpen

Others

Creation Date: 15 Feb 2022
₹1.90 MOpen

How Many Employees Work at Gargs Engineers?

Gargs Engineers has a workforce of 40 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 Gargs Engineers

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 12.00 Cr with Charge ID 100980218 was registered on 05 Aug 2024.

    05 Aug 2024

  • Charges

    A charge registered on 08 May 2019 via Charge ID 100263681 with Axis Bank Limited was fully satisfied on 11 May 2024.

    11 May 2024

  • Annual General Meeting

    Gargs Engineers Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Gargs Engineers Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Jharkhand.

    31 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 0.09 Cr with Charge ID 100606220 was registered on 26 Aug 2022.

    26 Aug 2022

  • Charges

    A charge with Others of Rs. 25.30 Cr registered on 31 Jan 2022 with Charge ID 100532601 was modified on 25 May 2022.

    25 May 2022

Frequently asked questions

  • Gargs Engineers Limited was incorporated on 04 Feb 1986.

  • The authorized share capital of Gargs Engineers Limited is ₹ 2.50 Cr and paid-up capital is ₹ 2.36 Cr.

  • Currently 7 directors are associated with Gargs Engineers Limited.

    • Sunil Garg
    • Sonia Devi Garg
    • Anil Garg
    • Ramesh Kumar Sonthalia
    • Manish Singhania
    • Neelam Garg
    • Shruti Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gargs Engineers Limited is M-18(P) Vi Phase, Gamharia Industrial Area India, Jamshedpur, Jharkhand, 832108.

  • The corporate identification number (CIN) of Gargs Engineers Limited is U27203JH1986PLC002279 and the company number is 002279 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gargs Engineers Limited is https://www.gargsindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gargs Engineers Limited has risen by 7.91%.

  • As Per 2023 financial reports, 40 employees are currently employed by Gargs Engineers Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gargs Engineers Limited has experienced an upsurge of 8.40%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gargs Engineers Limited amount to ₹ 43.57 Cr.

  • The most recent Balance Sheet for Gargs Engineers Limited was filed with the ROC on 31 Mar 2023.

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