Garruda Technovate Private Limited

IT trading and services company specializing in software and IT-enabled solutions.

1992 | Delhi (India) | Active
Last Updated: December 24, 2024

Garruda Technovate Profile

Key Indicators

  • Authorised Capital ₹ 2.50 M
  • Paid Up Capital ₹ 1.21 M
  • Company Age 32 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.17 Cr
  • Satisfied Charges ₹ 3.50 M
  • Revenue Growth 25.00%
  • Profit Growth -37.64%
  • Ebitda 61.06%
  • Net Worth 277.66%
  • Total Assets 79.57%

About Garruda Technovate

Garruda Technovate Private Limited (GTPL) is a Private Limited Indian Non-Government Company incorporated in India on 28 August 1992 and has a history of 32 years and five months. Its registered office is in Delhi, India.

The Corporate was formerly known as Ashwini Agencies Private Limited. 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 2.50 M and a paid-up capital of Rs 1.21 M.

The company currently has active open charges totaling ₹1.17 Cr. The company has closed loans amounting to ₹3.50 M, as per Ministry of Corporate Affairs (MCA) records.

Ashwani Gupta and Shailja Gupta serve as directors at the Company.

Company Details

  • Location

    Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pos.garruda.co.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74899DL1992PTC050110

  • Company No.

    050110

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Aug 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Information Technology

What products or services does Garruda Technovate Private Limited offer?

Garruda Technovate Private Limited offers a wide range of products and services, including Printing & Binding Services, Corporate Printing, Accounting & Billing Software, Tally Prime Software, Warehousing Management Services, Computer and Networking Solutions, Networking Solutions, Multimedia Presentation Service, Corporate Finance & Leasing Advisors, Finance Management Solutions.

Who are the key members and board of directors at Garruda Technovate?

Board Members (2)

NameDesignationAppointment DateStatus
Ashwani Gupta Country flag representing In Director 28-Aug-1992Current
Shailja Gupta Country flag representing In Director 20-Jul-2004Current

Financial Performance of Garruda Technovate.

Garruda Technovate Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 25% increase. The company also saw a substantial fall in profitability, with a 37.64% decrease in profit. The company's net worth Soared by an impressive increase of 277.66%.

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
25.00%
Revenue from Operations
26.76%
Total Assets
79.57%
Profit or Loss
-37.64%
Net Worth
277.66%
EBITDA
61.06%

What is the Ownership and Shareholding Structure of Garruda Technovate?

In 2021, Garruda Technovate 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

₹11.71 M

Satisfied Charges

₹3.50 M

Charges Breakdown by Lending Institutions

  • Others : 1.04 Cr
  • Hdfc Bank Limited : 0.13 Cr

Latest Charge Details

DateLenderAmountStatus
16 Aug 2023Others₹1.04 CrOpen
21 Jun 2023Hdfc Bank Limited₹1.31 MOpen
04 Jan 2006Icici Bank Ltd.₹3.50 MSatisfied

How Many Employees Work at Garruda Technovate?

Unlock and access historical data on people associated with Garruda Technovate, 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 Garruda Technovate, 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 Garruda Technovate'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 Garruda Technovate

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

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

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 10.40 M with Charge ID 100776174 was registered on 16 Aug 2023.

    16 Aug 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.31 M with Charge ID 100738847 was registered on 21 Jun 2023.

    21 Jun 2023

  • Charges

    A charge registered on 04 Jan 2006 via Charge ID 90336995 with Icici Bank Ltd. was fully satisfied on 25 Jan 2023.

    25 Jan 2023

  • Charges

    A charge with Icici Bank Ltd. amounted to Rs. 3.50 M with Charge ID 90336995 was registered on 04 Jan 2006.

    04 Jan 2006

Frequently asked questions

  • Garruda Technovate Private Limited was incorporated on 28 Aug 1992.

  • The authorized share capital of Garruda Technovate Private Limited is ₹ 2.50 M and paid-up capital is ₹ 1.21 M.

  • Currently 2 directors are associated with Garruda Technovate Private Limited.

    • Ashwani Gupta
    • Shailja Gupta
  • As per Ministry of Corporate Affairs (Mca), the registered address of Garruda Technovate Private Limited is 404 Fourth Floor Ansal Chamber 2 Bikaji Kama Palace India, New Delhi, 110066.

  • The corporate identification number (CIN) of Garruda Technovate Private Limited is U74899DL1992PTC050110 and the company number is 050110 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Garruda Technovate Private Limited is https://www.pos.garruda.co.in

  • According to the financial reports for the fiscal year 2022, the revenue trend for Garruda Technovate Private Limited has risen by 25.00%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Garruda Technovate Private Limited has experienced an upsurge of 277.66%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Garruda Technovate Private Limited amount to ₹ 1.17 Cr.

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

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