Garuda Fashions Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 9.50 M
as on 16-11-2024
- Company Age 27 Year, 4 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 18.95 Cr
as on 16-11-2024
- Satisfied Charges ₹ 3.00 M
as on 16-11-2024
- Revenue 39.65%
(FY 2023)
- Profit 127.26%
(FY 2023)
- Ebitda 49.35%
(FY 2023)
- Net Worth 7.41%
(FY 2023)
- Total Assets 8.86%
(FY 2023)
About Garuda Fashions
The Company is engaged in the Fashion And Textile 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 9.50 M.
The company currently has active open charges totaling ₹18.95 Cr. The company has closed loans amounting to ₹3.00 M, as per Ministry of Corporate Affairs (MCA) records.
Mettu Vishwanath, Mettu Reddy, Amaranath Mittu, and One other member serve as directors at the Company.
- CIN/LLPIN
U18101KA1997PTC022671
- Company No.
022671
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Aug 1997
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Garuda Fashions Private Limited offer?
Garuda Fashions Private Limited offers a wide range of products and services, including Men Shirts, Jeans & Clothing, Men Formal Shirts, Men Casual Shirt, Men Designer Shirt, Men Cotton casual shirts, Men Fashion Shirt, Sports Apparel, Sports Wear, Men Plain Shirts.
Who are the key members and board of directors at Garuda Fashions?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mettu Reddy  | Managing Director | 20-Aug-1997 | Current |
Board Members(3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Mettu Vishwanath | Director | 15-Sep-2006 | Current |
| Amaranath Mittu | Director | 15-Jan-2011 | Current |
| Kushal Reddy | Director | 07-Jul-2014 | Current |
Financial Performance of Garuda Fashions.
Garuda Fashions Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 39.65% increase. The company also saw a substantial improvement in profitability, with a 127.26% increase in profit. The company's net worth moved up by a moderate rise of 7.41%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Garuda Fashions?
In 2023, Garuda Fashions had a promoter holding of 84.27% and a public holding of 15.73%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
State Bank Of India Creation Date: 03 Jan 2004 | ₹18.95 Cr | Open |
State Bank Of India Creation Date: 15 Jan 1998 | ₹3.00 M | Satisfied |
How Many Employees Work at Garuda Fashions?
Garuda Fashions has a workforce of 277 employees as of Apr 01, 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 Garuda Fashions, 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 Fashions'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.
