Gartels Werke Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.40 Cr
- Company Age 40 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 8.99 Cr
- Satisfied Charges ₹ 26.20 Cr
- Revenue Growth 49.82%
- Profit Growth 221.74%
- Ebitda 116.09%
- Net Worth 40.60%
- Total Assets 25.01%
About Gartels Werke
Gartels Werke Limited (GWL) is a leading Public Limited Indian Non-Government Company incorporated in India on 24 August 1984 and has a history of 40 years and eight months. Its registered office is in Mumbai, Maharashtra, India.
The Company is engaged in the Machinery And Equipment 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 2.00 Cr and a paid-up capital of Rs 1.40 Cr.
The company currently has active open charges totaling ₹8.99 Cr. The company has closed loans amounting to ₹26.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vikrant Churi, Rohit Panicker, and Ajaykumar Shah serve as directors at the Company.
Company Details
- Location
Mumbai, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999MH1984PLC033835
- Company No.
033835
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
24 Aug 1984
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
Gartels Werke Limited
Explore comprehensive data for Gartels Werke Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Gartels Werke?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rohit Panicker  | Managing Director | 21-Feb-2018 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vikrant Churi | Director | 01-Apr-2023 | Current |
| Ajaykumar Shah | Director | 02-Mar-1998 | Current |
Financial Performance of Gartels Werke.
Gartels Werke Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 49.82% increase. The company also saw a substantial improvement in profitability, with a 221.74% increase in profit. The company's net worth Soared by an impressive increase of 40.6%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Gartels Werke?
In 2023, Gartels Werke had a promoter holding of 40.36% and a public holding of 59.64%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Charges (Loans)
Open Charges
₹8.99 Cr
Satisfied Charges
₹26.20 Cr
Charges Breakdown by Lending Institutions
- Others : 8.99 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Dec 2021 | Others | ₹7.99 Cr | Open |
| 01 Oct 2021 | Others | ₹1.00 Cr | Open |
| 25 Mar 2016 | Others | ₹2.01 Cr | Satisfied |
| 26 Mar 2014 | Religare Finvest Limited | ₹10.00 Cr | Satisfied |
| 08 Jan 2013 | State Bank Of India | ₹3.97 M | Satisfied |
How Many Employees Work at Gartels Werke?
Gartels Werke has a workforce of 79 employees as of Apr 09, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Gartels Werke, 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 Gartels Werke's trajectory.
Rating
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
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 Gartels Werke
Recent activity within the organization
- Annual General Meeting
Gartels Werke Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Gartels Werke Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Vikrant Narayan Churi was appointed as a Director was appointed as a Director on 01 Apr 2023 & has been associated with this company since 2 years 1 month .
- Charges
A charge with Others amounted to Rs. 7.99 Cr with Charge ID 100519013 was registered on 30 Dec 2021.
- Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100506205 was registered on 01 Oct 2021.
- Charges
A charge registered on 25 Mar 2016 via Charge ID 100028276 with Others was fully satisfied on 01 Feb 2021.
Frequently asked questions
What is the Incorporation or founding date of Gartels Werke Limited?
Gartels Werke Limited was incorporated on 24 Aug 1984.
What is authorized share capital and paid-up capital of Gartels Werke Limited?
The authorized share capital of Gartels Werke Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.40 Cr.
Who are the current board members & directors of Gartels Werke Limited?
Currently 3 directors are associated with Gartels Werke Limited.
- Vikrant Narayan Churi
- Rohit Damodar Panicker
- Ajaykumar Gunvantrai Shah
What is the registered address of Gartels Werke Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Gartels Werke Limited is 217 Mastermind-V Royal Palms Aarey Milk Colony Goregaon (E), India, Mumbai, Maharashtra, 400065.
What is the corporate identification number (CIN) and company number of Gartels Werke Limited?
The corporate identification number (CIN) of Gartels Werke Limited is U74999MH1984PLC033835 and the company number is 033835 as per Ministry of Corporate Affairs (MCA).
What is the official website of Gartels Werke Limited?
The Official website of Gartels Werke Limited is https://www.gartelsprings.com
What has been the recent revenue trend for Gartels Werke Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Gartels Werke Limited has risen by 49.82%.
How many employees does Gartels Werke Limited currently have?
As Per 2023 financial reports, 79 employees are currently employed by Gartels Werke Limited.
What change has been observed in the net worth of Gartels Werke Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Gartels Werke Limited has experienced an upsurge of 40.60%.
What are the total open charges for Gartels Werke Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Gartels Werke Limited amount to ₹ 8.99 Cr.
When was the last Balance Sheet of Gartels Werke Limited filed with the ROC?
The most recent Balance Sheet for Gartels Werke Limited was filed with the ROC on 31 Mar 2024.
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