Garuda Mart India Private Limited

Electronic goods trading company in India and abroad.

2017 | Bangalore, Karnataka (India) | Active
Last Updated: June 29, 2024

Garuda Mart India Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 5.10 M
  • Company Age 7 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.42 M
  • Revenue Growth 25.15%
  • Profit Growth -32.91%
  • Ebitda -59.32%
  • Net Worth 16.77%
  • Total Assets 63.89%

About Garuda Mart India

Garuda Mart India Private Limited (GMIPL) is a registered startup operating as a Private Limited Indian Non-Government Company incorporated in India on 16 March 2017 (Seven years and 11 months 7 days old ). Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 5.10 M.

The company currently has active open charges totaling ₹1.42 M.

Venkata Revuru, Babaiah Sake, and Lakshmi Sake serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U74999KA2017PTC101399

  • Company No.

    101399

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    16 Mar 2017

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables

What products or services does Garuda Mart India Private Limited offer?

Garuda Mart India Private Limited offers a wide range of products and services, including Home Appliances & Kitchen Appliances, Washing Machine for Home.

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

Board Members (3)

NameDesignationAppointment DateStatus
Venkata Revuru Country flag representing In Director 16-Mar-2017Current
Babaiah Sake Country flag representing In Additional Director 02-Dec-2021Current
Lakshmi Sake Country flag representing In Additional Director 02-Dec-2021Current

Financial Performance of Garuda Mart India.

Garuda Mart India Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 25.15% increase. The company also saw a substantial fall in profitability, with a 32.91% decrease in profit. The company's net worth Soared by an impressive increase of 16.77%.

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
25.15%
Revenue from Operations
23.28%
Total Assets
63.89%
Profit or Loss
-32.91%
Net Worth
16.77%
EBITDA
-59.32%

What is the Ownership and Shareholding Structure of Garuda Mart India?

In 2023, Garuda Mart India 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

₹0.14 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 0.14 Cr

Latest Charge Details

DateLenderAmountStatus
29 Oct 2020Axis Bank Limited₹1.42 MOpen

How Many Employees Work at Garuda Mart India?

Garuda Mart India has a workforce of 23 employees as of Apr 08, 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 Mart India, 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 Mart India'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 Mart India

Recent activity within the organization

  • Annual General Meeting

    Garuda Mart India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Garuda Mart India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Babaiah Sake was appointed as a Additional Director was appointed as a Additional Director on 02 Dec 2021 & has been associated with this company since 3 years 2 months .

    02 Dec 2021

  • Director Appointment

    Lakshmi Sake was appointed as a Additional Director was appointed as a Additional Director on 02 Dec 2021 & has been associated with this company since 3 years 2 months .

    02 Dec 2021

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 0.14 Cr with Charge ID 100403782 was registered on 29 Oct 2020.

    29 Oct 2020

  • Director Appointment

    Venkata Ramana Revuru was appointed as a Director was appointed as a Director on 16 Mar 2017 & has been associated with this company since 7 years 11 months .

    16 Mar 2017

Frequently asked questions

  • Garuda Mart India Private Limited was incorporated on 16 Mar 2017.

  • The authorized share capital of Garuda Mart India Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 5.10 M.

  • Currently 3 directors are associated with Garuda Mart India Private Limited.

    • Venkata Ramana Revuru
    • Babaiah Sake
    • Lakshmi Sake
  • As per Ministry of Corporate Affairs (Mca), the registered address of Garuda Mart India Private Limited is Survey No:183/1Lake Side RoadBehind Ncc Apartment MahadevapuraOuter Ring Road, Bangalore, Karnataka, India, 560048.

  • The corporate identification number (CIN) of Garuda Mart India Private Limited is U74999KA2017PTC101399 and the company number is 101399 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Garuda Mart India Private Limited is https://www.garudamartindia.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Garuda Mart India Private Limited has risen by 25.15%.

  • As Per 2023 financial reports, 23 employees are currently employed by Garuda Mart India Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Garuda Mart India Private Limited has experienced an upsurge of 16.77%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Garuda Mart India Private Limited amount to ₹ 1.42 M.

  • The most recent Balance Sheet for Garuda Mart India Private Limited was filed with the ROC on 31 Mar 2023.

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