Garuda Ispat Private Limited

Manufactures and trades various types of steel and related products.

2004 | Raipur, Chattisgarh (India) | Active
Last Updated: January 08, 2025

Garuda Ispat Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 3.32 M
  • Company Age 20 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 3.10 Cr
  • Revenue Growth -47.28%
  • Profit Growth 136.41%
  • Ebitda 95.04%
  • Net Worth 165.23%
  • Total Assets -84.20%

About Garuda Ispat

Garuda Ispat Private Limited (GIPL) is a Private Limited Indian Non-Government Company incorporated in India on 22 November 2004 and has a history of 20 years and two months. Its registered office is in Raipur, Chattisgarh, India.

The Company is engaged in the Metals And Minerals 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 5.00 M and a paid-up capital of Rs 3.32 M.

The company has closed loans amounting to ₹3.10 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Ashish Deorah and Sheetal Deorah serve as directors at the Company.

Company Details

  • Location

    Raipur, Chattisgarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U02710CT2004PTC017108

  • Company No.

    017108

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    22 Nov 2004

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chhattisgarh

Industry

Metals and Minerals

What products or services does Garuda Ispat Private Limited offer?

Garuda Ispat Private Limited offers a wide range of products and services, including Minerals and Ores, Ramming Mass, Pebbles.

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

Board Members (2)

Name Designation Appointment Date Status
Sheetal Deorah Country flag representing In Director 14-Sep-2020 Current
Ashish Deorah Country flag representing In Director 11-Nov-2006 Current

Financial Performance of Garuda Ispat.

Garuda Ispat Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 47.28% decrease. The company also saw a substantial improvement in profitability, with a 136.41% increase in profit. The company's net worth Soared by an impressive increase of 165.23%.

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
-47.28%
Revenue from Operations
Total Assets
-84.20%
Profit or Loss
136.41%
Net Worth
165.23%
EBITDA
95.04%

What is the Ownership and Shareholding Structure of Garuda Ispat?

In 2021, Garuda Ispat 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

₹0

Satisfied Charges

₹31.00 M

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.85 Cr
  • Bank Of Baroda : 1.25 Cr

Latest Charge Details

Date Lender Amount Status
22 Jun 2010 Bank Of Baroda ₹1.25 Cr Satisfied
17 Apr 2007 State Bank Of India ₹1.85 Cr Satisfied

How Many Employees Work at Garuda Ispat?

Garuda Ispat has a workforce of 6 employees as of Mar 28, 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 Garuda Ispat, 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 Ispat'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 Ispat

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Garuda Ispat Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chhattisgarh.

    31 Mar 2024

  • Charges

    A charge registered on 22 Jun 2010 via Charge ID 10227961 with Bank Of Baroda was fully satisfied on 04 Mar 2021.

    04 Mar 2021

  • Director Appointment

    Sheetal Deorah was appointed as a Director was appointed as a Director on 14 Sep 2020 & has been associated with this company since 4 years 4 months .

    14 Sep 2020

  • Charges

    A charge with Bank Of Baroda of Rs. 12.50 M registered on 22 Jun 2010 with Charge ID 10227961 was modified on 11 Jun 2014.

    11 Jun 2014

  • Charges

    A charge registered on 17 Apr 2007 via Charge ID 10050438 with State Bank Of India was fully satisfied on 01 Nov 2010.

    01 Nov 2010

Frequently asked questions

  • Garuda Ispat Private Limited was incorporated on 22 Nov 2004.

  • The authorized share capital of Garuda Ispat Private Limited is ₹ 5.00 M and paid-up capital is ₹ 3.32 M.

  • Currently 2 directors are associated with Garuda Ispat Private Limited.

    • Ashish Deorah
    • Sheetal Deorah
  • As per Ministry of Corporate Affairs (Mca), the registered address of Garuda Ispat Private Limited is Village-Sondra P.H. No.-99, Near N.R. Sponge (P) Lt Tehsil-Dharsiwa India, Raipur, Chattisgarh, 493111.

  • The corporate identification number (CIN) of Garuda Ispat Private Limited is U02710CT2004PTC017108 and the company number is 017108 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Garuda Ispat Private Limited has fallen by -47.28%.

  • As Per 2022 financial reports, 6 employees are currently employed by Garuda Ispat Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Garuda Ispat Private Limited has experienced an upsurge of 165.23%.

  • The most recent Balance Sheet for Garuda Ispat Private Limited was filed with the ROC on 31 Mar 2024.

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