Garsons Private Limited

Leases property and trades in textiles, jewelry, and precious metals/stones.

1980 | Mysore, Karnataka (India) | Active
Last Updated: July 31, 2024

Garsons Profile

Key Indicators

  • Authorised Capital ₹ 0.75 M
  • Paid Up Capital ₹ 0.75 M
  • Company Age 44 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 239.65 Cr
  • Satisfied Charges ₹ 8.58 Cr
  • Revenue Growth 44.62%
  • Profit Growth 141.92%
  • Ebitda 61.52%
  • Net Worth 36.98%
  • Total Assets -2.28%

About Garsons

Garsons Private Limited (GPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 August 1980 and has a history of 44 years and six months. Its registered office is in Mysore, Karnataka, India.

The Company is engaged in the Financial Services 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 0.75 M and a paid-up capital of Rs 0.75 M.

The company currently has active open charges totaling ₹239.65 Cr. The company has closed loans amounting to ₹8.58 Cr, as per Ministry of Corporate Affairs (MCA) records.

Kulandaivel Vinayakam, Meenakshi Vinayakam, and Vinayakam Narayen serve as directors at the Company.

Company Details

  • Location

    Mysore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U00095KA1980PTC003896

  • Company No.

    003896

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    06 Aug 1980

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Garsons?

Executive Team (1)

NameDesignationAppointment DateStatus
Kulandaivel Vinayakam Country flag representing In Managing Director04-Apr-2014Current

Board Members (2)

NameDesignationAppointment DateStatus
Meenakshi Vinayakam Country flag representing In Director 29-Apr-2014Current
Vinayakam Narayen Country flag representing In Whole-Time Director 29-Apr-2014Current

Financial Performance of Garsons.

Garsons Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 44.62% increase. The company also saw a substantial improvement in profitability, with a 141.92% increase in profit. The company's net worth Soared by an impressive increase of 36.98%.

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
44.62%
Revenue from Operations
45.34%
Total Assets
-2.28%
Profit or Loss
141.92%
Net Worth
36.98%
EBITDA
61.52%

What is the Ownership and Shareholding Structure of Garsons?

In 2023, Garsons 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

₹2,396.49 M

Satisfied Charges

₹85.78 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 239.65 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jul 2022Hdfc Bank Limited₹7.50 CrOpen
15 Jul 2022Hdfc Bank Limited₹7.50 CrOpen
26 Mar 2021Hdfc Bank Limited₹22.50 CrOpen
26 Oct 2020Hdfc Bank Limited₹7.68 CrOpen
06 Aug 2019Hdfc Bank Limited₹2.00 CrOpen

How Many Employees Work at Garsons?

Garsons has a workforce of 166 employees as of Mar 30, 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 Garsons, 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 Garsons'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 Garsons

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    Garsons Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 76.80 M registered on 26 Oct 2020 with Charge ID 100417533 was modified on 09 Sep 2022.

    09 Sep 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 75.00 M with Charge ID 100642291 was registered on 30 Jul 2022.

    30 Jul 2022

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 75.00 M with Charge ID 100601303 was registered on 15 Jul 2022.

    15 Jul 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 225.02 M registered on 26 Mar 2021 with Charge ID 100449214 was modified on 15 Jul 2022.

    15 Jul 2022

Frequently asked questions

  • Garsons Private Limited was incorporated on 06 Aug 1980.

  • The authorized share capital of Garsons Private Limited is ₹ 0.75 M and paid-up capital is ₹ 0.75 M.

  • Currently 3 directors are associated with Garsons Private Limited.

    • Kulandaivel Vinayakam
    • Meenakshi Vinayakam
    • Vinayakam Vikram Narayen
  • As per Ministry of Corporate Affairs (Mca), the registered address of Garsons Private Limited is No 2930/D L20/D Bengaluru Nilgiri Road, Church Road Lashkar Mohalla Mysore, Karnataka, India, 570001.

  • The corporate identification number (CIN) of Garsons Private Limited is U00095KA1980PTC003896 and the company number is 003896 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Garsons Private Limited has risen by 44.62%.

  • As Per 2023 financial reports, 166 employees are currently employed by Garsons Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Garsons Private Limited has experienced an upsurge of 36.98%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Garsons Private Limited amount to ₹ 239.65 Cr.

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

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