Garima Associates Private Limited

Trading motor vehicles, trailers, semi-trailers, parts and accessories since 2007 in Assam.

2007 | Kamrup, Assam (India) | Active
Last Updated: December 03, 2024

Garima Associates Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 2.14 M
  • Company Age 18 Year, 13 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.00 Cr
  • Revenue Growth 20.91%
  • Profit Growth -13.82%
  • Ebitda 61.30%
  • Net Worth 21.02%
  • Total Assets 18.81%

About Garima Associates

Garima Associates Private Limited (GAPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 February 2007 and has a history of 18 years. Its registered office is in Kamrup, Assam, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.14 M.

The company currently has active open charges totaling ₹2.00 Cr.

Sarita Agarwal, Vijay Agarwal, and Devesh Agarwal serve as directors at the Company.

Company Details

  • Location

    Kamrup, Assam, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    assambearings.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U45201AS2007PTC008315

  • Company No.

    008315

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    03 Feb 2007

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Shillong

Industry

Automotive

Who are the key members and board of directors at Garima Associates?

Board Members (3)

Name Designation Appointment Date Status
Sarita Agarwal Country flag representing In Director 03-Feb-2007 Current
Vijay Agarwal Country flag representing In Director 03-Feb-2007 Current
Devesh Agarwal Country flag representing In Director 01-Nov-2022 Current

Financial Performance of Garima Associates.

Garima Associates Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 20.91% increase. The company also saw a substantial fall in profitability, with a 13.82% decrease in profit. The company's net worth Soared by an impressive increase of 21.02%.

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
20.91%
Revenue from Operations
24.27%
Total Assets
18.81%
Profit or Loss
-13.82%
Net Worth
21.02%
EBITDA
61.30%

What is the Ownership and Shareholding Structure of Garima Associates?

In 2021, Garima Associates had a promoter holding of 78.50% and a public holding of 21.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
08 Aug 2017 Axis Bank Limited ₹2.00 Cr Open

How Many Employees Work at Garima Associates?

Unlock and access historical data on people associated with Garima Associates, 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 Garima Associates, 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 Garima Associates'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 Garima Associates

Recent activity within the organization

  • Annual General Meeting

    Garima Associates Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Garima Associates Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Shillong.

    31 Mar 2024

  • Director Appointment

    Devesh Agarwal was appointed as a Director was appointed as a Director on 01 Nov 2022 & has been associated with this company since 2 years 3 months .

    01 Nov 2022

  • Charges

    A charge with Axis Bank Limited of Rs. 20.00 M registered on 08 Aug 2017 with Charge ID 100136069 was modified on 16 Aug 2019.

    16 Aug 2019

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 20.00 M with Charge ID 100136069 was registered on 08 Aug 2017.

    08 Aug 2017

  • Director Appointment

    Sarita Agarwal was appointed as a Director was appointed as a Director on 03 Feb 2007 & has been associated with this company since 18 years 13 days .

    03 Feb 2007

Frequently asked questions

  • Garima Associates Private Limited was incorporated on 03 Feb 2007.

  • The authorized share capital of Garima Associates Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.14 M.

  • Currently 3 directors are associated with Garima Associates Private Limited.

    • Sarita Agarwal
    • Vijay Kumar Agarwal
    • Devesh Agarwal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Garima Associates Private Limited is 43B Gnb Road, Ambari Kalicharan Bharali Complex India, Guwahati, Assam, 781001.

  • The corporate identification number (CIN) of Garima Associates Private Limited is U45201AS2007PTC008315 and the company number is 008315 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Garima Associates Private Limited is https://www.assambearings.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Garima Associates Private Limited has risen by 20.91%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Garima Associates Private Limited has experienced an upsurge of 21.02%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Garima Associates Private Limited amount to ₹ 2.00 Cr.

  • The most recent Balance Sheet for Garima Associates Private Limited was filed with the ROC on 31 Mar 2024.