Garuda Cotex Shades Limited

Textile manufacturing with dyeing, soft packaging, and power generation services for garment exporters.

1997 | Mumbai, Maharashtra (India) | Active
Last Updated:

Garuda Cotex Shades Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 14.75 Cr
  • Company Age 28 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 25.47 Cr
  • Revenue Growth %
  • Profit Growth 47.37%
  • Ebitda -0.21%
  • Net Worth -1.42%
  • Total Assets -19.93%

About Garuda Cotex Shades

Garuda Cotex Shades Limited (GCSL) is a Public Limited Indian Non-Government Company incorporated in India on 08 January 1997 and has a history of 28 years and one month. Its registered office is in Mumbai, Maharashtra, 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 2024. It's a company limited by shares with an authorized capital of Rs 15.00 Cr and a paid-up capital of Rs 14.75 Cr.

The company has closed loans amounting to ₹25.47 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Garuda Cotex Shades Limited India are Gauresh Pawar as CFO and Shrikant Harale as Company Secretary. Devendra Garg, Radha Garg, and Venkiteswaran Parlikad 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

    U17120MH1997PLC104966

  • Company No.

    104966

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    08 Jan 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing

Who are the key members and board of directors at Garuda Cotex Shades?

Executive Team (3)

NameDesignationAppointment DateStatus
Devendra Garg Country flag representing In Managing Director31-Mar-2008Current
Gauresh Pawar Country flag representing In CFO01-Aug-2019Current
Shrikant Harale Country flag representing In Company Secretary01-Aug-2019Current

Board Members (2)

NameDesignationAppointment DateStatus
Radha Garg Country flag representing In Additional Director 24-Sep-2020Current
Venkiteswaran Parlikad Country flag representing In Additional Director 24-Mar-2016Current

Financial Performance of Garuda Cotex Shades.

Garuda Cotex Shades Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 47.37% increase in profit. The company's net worth dipped by a decrease of 1.42%.

Garuda Cotex Shades revenue growth over time
Garuda Cotex Shades 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
Revenue from Operations
Total Assets
-19.93%
Profit or Loss
47.37%
Net Worth
-1.42%
EBITDA
-0.21%

What is the Ownership and Shareholding Structure of Garuda Cotex Shades?

In 2020, Garuda Cotex Shades had a promoter holding of 87.44% and a public holding of 12.56%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹25.47 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 15.00 Cr
  • Industrial Development Bank Of India : 10.47 Cr

Latest Charge Details

DateLenderAmountStatus
31 Dec 1998Canara Bank₹3.00 CrSatisfied
31 Dec 1998Canara Bank₹3.00 CrSatisfied
14 Jul 1998Canara Bank₹4.50 CrSatisfied
14 Jul 1998Canara Bank₹4.50 CrSatisfied
12 Dec 1997Industrial Development Bank Of India₹10.47 CrSatisfied

How Many Employees Work at Garuda Cotex Shades?

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

Employee growth trends for Garuda Cotex Shades Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Garuda Cotex Shades, 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 Garuda Cotex Shades'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 Garuda Cotex Shades

Recent activity within the organization

  • Annual General Meeting

    Garuda Cotex Shades Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Garuda Cotex Shades Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Radha Devendra Pal Garg was appointed as a Additional Director was appointed as a Additional Director on 24 Sep 2020 & has been associated with this company since 4 years 5 months .

  • Director Appointment

    Gauresh Ramchandra Pawar was appointed as a Cfo was appointed as a Cfo on 01 Aug 2019 & has been associated with this company since 5 years 7 months .

  • Director Appointment

    Shrikant Hindurao Harale was appointed as a Company Secretary was appointed as a Company Secretary on 01 Aug 2019 & has been associated with this company since 5 years 7 months .

  • Charges

    A charge registered on 31 Dec 1998 via Charge ID 90151484 with Canara Bank was fully satisfied on 30 Jul 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Garuda Cotex Shades Limited?

    Garuda Cotex Shades Limited was incorporated on 08 Jan 1997.

  • What is authorized share capital and paid-up capital of Garuda Cotex Shades Limited?

    The authorized share capital of Garuda Cotex Shades Limited is ₹ 15.00 Cr and paid-up capital is ₹ 14.75 Cr.

  • Who are the current board members & directors of Garuda Cotex Shades Limited?

    Currently 5 directors are associated with Garuda Cotex Shades Limited.

    • Devendra Pal Madan Gopal Garg
    • Radha Devendra Pal Garg
    • Venkiteswaran Venkitaswaran Parlikad
    • Gauresh Ramchandra Pawar
    • Shrikant Hindurao Harale

  • What is the registered address of Garuda Cotex Shades Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Garuda Cotex Shades Limited is 130 132 Great Western Bldg S.B.Road Fort, India, Mumbai, Maharashtra, 400003.

  • What is the corporate identification number (CIN) and company number of Garuda Cotex Shades Limited?

    The corporate identification number (CIN) of Garuda Cotex Shades Limited is U17120MH1997PLC104966 and the company number is 104966 as per Ministry of Corporate Affairs (MCA).

  • What change has been observed in the net worth of Garuda Cotex Shades Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Garuda Cotex Shades Limited has experienced an downturn of -1.42%.

  • When was the last Balance Sheet of Garuda Cotex Shades Limited filed with the ROC?

    The most recent Balance Sheet for Garuda Cotex Shades Limited was filed with the ROC on 31 Mar 2024.

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