Garuda Fashions Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.50 M
- Company Age 27 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 18.95 Cr
- Satisfied Charges ₹ 3.00 M
- Revenue Growth 39.65%
- Profit Growth 127.26%
- Ebitda 49.35%
- Net Worth 7.41%
- Total Assets 8.86%
About Garuda Fashions
Garuda Fashions Private Limited (GFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 20 August 1997 and has a history of 27 years and six months. Its registered office is in Bangaluru, Karnataka, India.
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.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- 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
Fashion and Textile
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)
Open Charges
₹18.95 Cr
Satisfied Charges
₹0.30 Cr
Charges Breakdown by Lending Institutions
- State Bank Of India : 18.95 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jan 2004 | State Bank Of India | ₹18.95 Cr | Open |
| 15 Jan 1998 | State Bank Of India | ₹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.
Latest Updates, News, and FAQs on Garuda Fashions
Recent activity within the organization
- Annual General Meeting
Garuda Fashions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Garuda Fashions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with State Bank Of India of Rs. 18.95 Cr registered on 03 Jan 2004 with Charge ID 80001858 was modified on 30 Sep 2023.
- Charges
A charge registered on 15 Jan 1998 via Charge ID 90195406 with State Bank Of India was fully satisfied on 19 Nov 2022.
- Director Appointment
Kushal Mettu Reddy was appointed as a Director was appointed as a Director on 07 Jul 2014 & has been associated with this company since 10 years 7 months .
- Director Appointment
Amaranath Govinda Mittu was appointed as a Director was appointed as a Director on 15 Jan 2011 & has been associated with this company since 14 years 1 month .
Frequently asked questions
What is the Incorporation or founding date of Garuda Fashions Private Limited?
Garuda Fashions Private Limited was incorporated on 20 Aug 1997.
What is authorized share capital and paid-up capital of Garuda Fashions Private Limited?
The authorized share capital of Garuda Fashions Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 9.50 M.
Who are the current board members & directors of Garuda Fashions Private Limited?
Currently 4 directors are associated with Garuda Fashions Private Limited.
- Mettu Govindareddy Vishwanath
- Mettu Govinda Reddy
- Amaranath Govinda Mittu
- Kushal Mettu Reddy
What is the registered address of Garuda Fashions Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Garuda Fashions Private Limited is M.M.M.P Tower No.10 Behind Shri Lakshmi Hospital, Sunkadakatt E India, Bangalore, Karnataka, 560091.
What is the corporate identification number (CIN) and company number of Garuda Fashions Private Limited?
The corporate identification number (CIN) of Garuda Fashions Private Limited is U18101KA1997PTC022671 and the company number is 022671 as per Ministry of Corporate Affairs (MCA).
What is the official website of Garuda Fashions Private Limited?
The Official website of Garuda Fashions Private Limited is https://www.garudafashions.co.in
What has been the recent revenue trend for Garuda Fashions Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Garuda Fashions Private Limited has risen by 39.65%.
How many employees does Garuda Fashions Private Limited currently have?
As Per 2023 financial reports, 277 employees are currently employed by Garuda Fashions Private Limited.
What change has been observed in the net worth of Garuda Fashions Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Garuda Fashions Private Limited has experienced an upsurge of 7.41%.
What are the total open charges for Garuda Fashions Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Garuda Fashions Private Limited amount to ₹ 18.95 Cr.
When was the last Balance Sheet of Garuda Fashions Private Limited filed with the ROC?
The most recent Balance Sheet for Garuda Fashions Private Limited was filed with the ROC on 31 Mar 2024.