Garima Castings Private Limited

Metal manufacturing services including casting, forging, and stamping for ferrous and non-ferrous materials.

1995 | Jaipur, Rajasthan (India) | Active
Last Updated: October 24, 2024

Garima Castings Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 0.66 M
  • Company Age 29 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 5.75 Cr
  • Satisfied Charges ₹ 6.45 Cr
  • Revenue Growth 55.96%
  • Profit Growth 75.68%
  • Ebitda 92.52%
  • Net Worth 45.91%
  • Total Assets 29.44%

About Garima Castings

Garima Castings Private Limited (GCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 08 August 1995 and has a history of 29 years and five months. Its registered office is in Jaipur, Rajasthan, India.

The Company is engaged in the Manufacturing 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 2.50 M and a paid-up capital of Rs 0.66 M.

The company currently has active open charges totaling ₹5.75 Cr. The company has closed loans amounting to ₹6.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kusum Parasrampuria, Vikas Parasrampuria, Vishal Parasrampuria, and One other member serve as directors at the Company.

Company Details

  • Location

    Jaipur, Rajasthan, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27320RJ1995PTC010535

  • Company No.

    010535

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    08 Aug 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Jaipur

Industry

Manufacturing

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

Board Members (4)

Name Designation Appointment Date Status
Vishal Parasrampuria Country flag representing In Additional Director 06-Aug-2024 Current
Vikas Parasrampuria Country flag representing In Director 09-Mar-2015 Current
Kusum Parasrampuria Country flag representing In Director 09-Mar-2015 Current
Renuka Parasrampuria Country flag representing In Director 09-Mar-2015 Current

Financial Performance of Garima Castings.

Garima Castings Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 55.96% increase. The company also saw a substantial improvement in profitability, with a 75.68% increase in profit. The company's net worth Soared by an impressive increase of 45.91%.

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
55.96%
Revenue from Operations
58.07%
Total Assets
29.44%
Profit or Loss
75.68%
Net Worth
45.91%
EBITDA
92.52%

What is the Ownership and Shareholding Structure of Garima Castings?

In 2023, Garima Castings had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹57.47 M

Satisfied Charges

₹64.50 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 4.50 Cr
  • Sidbi : 0.75 Cr
  • Others : 0.50 Cr

Latest Charge Details

Date Lender Amount Status
18 Mar 2024 Sidbi ₹7.47 M Open
18 Oct 2023 Others ₹5.00 M Open
28 Aug 2023 Axis Bank Limited ₹4.50 Cr Open
27 Mar 2021 Others ₹7.00 M Satisfied
27 Mar 2021 Others ₹2.00 Cr Satisfied

How Many Employees Work at Garima Castings?

Garima Castings has a workforce of 28 employees as of Mar 27, 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 Garima Castings, 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 Castings'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 Castings

Recent activity within the organization

  • Director Appointment

    Vishal Parasrampuria was appointed as a Additional Director was appointed as a Additional Director on 06 Aug 2024 & has been associated with this company since 5 months 27 days .

    06 Aug 2024

  • Charges

    A charge with Sidbi amounted to Rs. 7.47 M with Charge ID 100884473 was registered on 18 Mar 2024.

    18 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 5.00 M with Charge ID 100803565 was registered on 18 Oct 2023.

    18 Oct 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 45.00 M with Charge ID 100773119 was registered on 28 Aug 2023.

    28 Aug 2023

  • Charges

    A charge registered on 27 Mar 2021 via Charge ID 100438412 with Others was fully satisfied on 23 Aug 2023.

    23 Aug 2023

Frequently asked questions

  • Garima Castings Private Limited was incorporated on 08 Aug 1995.

  • The authorized share capital of Garima Castings Private Limited is ₹ 2.50 M and paid-up capital is ₹ 0.66 M.

  • Currently 4 directors are associated with Garima Castings Private Limited.

    • Kusum Lata Parasrampuria
    • Vikas Parasrampuria
    • Vishal Parasrampuria
    • Renuka Parasrampuria
  • As per Ministry of Corporate Affairs (Mca), the registered address of Garima Castings Private Limited is Kharsa No 12/62 Behind Hansa Chemical Near Road 17 Bus Stop Vki Area, India, Jaipur, Rajasthan, 302013.

  • The corporate identification number (CIN) of Garima Castings Private Limited is U27320RJ1995PTC010535 and the company number is 010535 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Garima Castings Private Limited is https://www.garimacastings.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Garima Castings Private Limited has risen by 55.96%.

  • As Per 2023 financial reports, 28 employees are currently employed by Garima Castings Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Garima Castings Private Limited has experienced an upsurge of 45.91%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Garima Castings Private Limited amount to ₹ 5.75 Cr.

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

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