Garmin India Private Limited

Provides marketing and product support services, supplies marine and navigation GPS devices.

2008 | Delhi (India) | Active
Last Updated:

Garmin India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 4.77 M
  • Company Age 16 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 26.75%
  • Profit Growth 41.64%
  • Ebitda 40.28%
  • Net Worth 15.93%
  • Total Assets 11.50%

About Garmin India

Garmin India Private Limited (GIPL) is a Private Limited Indian Non-Government Company incorporated in India on 15 April 2008 and has a history of 16 years and 11 months. Its registered office is in Delhi, India.

The Company is engaged in the Information Technology 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 1.00 Cr and a paid-up capital of Rs 4.77 M, as per Ministry of Corporate Affairs (MCA) records.

Joshua Maxfield, Douglas Boessen, and Nissankararao Raveendranadh serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72300DL2008PTC176769

  • Company No.

    176769

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    15 Apr 2008

  • Date of AGM

    25 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology
Company report

Garmin India Private Limited

Explore comprehensive data for Garmin India Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Garmin India?

Board Members (3)

NameDesignationAppointment DateStatus
Joshua Maxfield Country flag representing Us Director 07-Jan-2013Current
Douglas Boessen Country flag representing Us Director 06-Nov-2014Current
Nissankararao Raveendranadh Country flag representing In Director 06-Jun-2023Current

Financial Performance of Garmin India.

Garmin India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 26.75% increase. The company also saw a substantial improvement in profitability, with a 41.64% increase in profit. The company's net worth Soared by an impressive increase of 15.93%.

Garmin India revenue growth over time
Garmin India 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
26.75%
Revenue from Operations
26.75%
Total Assets
11.50%
Profit or Loss
41.64%
Net Worth
15.93%
EBITDA
40.28%

What is the Ownership and Shareholding Structure of Garmin India?

In 2022, Garmin India 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)

Placeholder for charges-related data

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

How Many Employees Work at Garmin India?

Unlock and access historical data on people associated with Garmin India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Garmin India Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Garmin India, 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 Garmin India'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 Garmin India

Recent activity within the organization

  • Annual General Meeting

    Garmin India Private Limited last Annual general meeting of members was held on 25 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Garmin India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Director Appointment

    Nissankararao Raveendranadh was appointed as a Director was appointed as a Director on 06 Jun 2023 & has been associated with this company since 1 year 10 months .

  • Director Appointment

    Douglas Gerard Boessen was appointed as a Director was appointed as a Director on 06 Nov 2014 & has been associated with this company since 10 years 5 months .

  • Director Appointment

    Joshua Halley Maxfield was appointed as a Director was appointed as a Director on 07 Jan 2013 & has been associated with this company since 12 years 3 months .

  • Company Incorporation

    Garmin India Private Limited was registered on 15 Apr 2008 with Roc Delhi & aged 16 years 11 months as per MCA records.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Garmin India Private Limited?

    Garmin India Private Limited was incorporated on 15 Apr 2008.

  • What is authorized share capital and paid-up capital of Garmin India Private Limited?

    The authorized share capital of Garmin India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 4.77 M.

  • Who are the current board members & directors of Garmin India Private Limited?

    Currently 3 directors are associated with Garmin India Private Limited.

    • Joshua Halley Maxfield
    • Douglas Gerard Boessen
    • Nissankararao Raveendranadh

  • What is the registered address of Garmin India Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Garmin India Private Limited is H No L-2-A Basement F/P Hauz Khas Enclave India, New Delhi, 110016.

  • What is the corporate identification number (CIN) and company number of Garmin India Private Limited?

    The corporate identification number (CIN) of Garmin India Private Limited is U72300DL2008PTC176769 and the company number is 176769 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Garmin India Private Limited?

    The Official website of Garmin India Private Limited is https://www.garmin.com

  • What has been the recent revenue trend for Garmin India Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Garmin India Private Limited has risen by 26.75%.

  • What change has been observed in the net worth of Garmin India Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Garmin India Private Limited has experienced an upsurge of 15.93%.

  • When was the last Balance Sheet of Garmin India Private Limited filed with the ROC?

    The most recent Balance Sheet for Garmin India Private Limited was filed with the ROC on 31 Mar 2024.

Unlock Business Insights – Explore Instantly!

Search company & director profiles for free and gain access to critical business data.

  • 3.1M+ Companies
  • 15M+ Legal Cases
  • 525K+ Credit Ratings
  • 5.8M+ Directors & KMP
  • 750K+ Regulatory Alerts
  • 1.1M+ Companies' Financial Records
Start Free Trial

People also Viewed

Similar Companies Based on IT Products Retail & Distribution