Garuda Textiles Private Limited
Textile trading company established in 1991 with registered office in Solapur, Maharashtra.
1991 | Solapur, Maharashtra (India) | Active
Garuda Textiles Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 1.19 M
- Company Age 34 Year, 2 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 3.51 Cr
- Satisfied Charges ₹ 3.40 Cr
- Revenue Growth -29.57%
- Profit Growth -1.11%
- Ebitda -59.01%
- Net Worth 5.13%
- Total Assets -30.43%
About Garuda Textiles
Garuda Textiles Private Limited (GTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 January 1991 and has a history of 34 years and two months. Its registered office is in Solapur, Maharashtra, India.
The Company is engaged in the Home & Lifestyle 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 1.50 M and a paid-up capital of Rs 1.19 M.
The company currently has active open charges totaling ₹3.51 Cr. The company has closed loans amounting to ₹3.40 Cr, as per Ministry of Corporate Affairs (MCA) records.
Nanda Karwa and Kaustubh Karwa serve as directors at the Company.
Company Details
- Location
Solapur, Maharashtra, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U17119PN1991PTC059893
- Company No.
059893
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
21 Jan 1991
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Pune
Industry
Home & Lifestyle
What products or services does Garuda Textiles Private Limited offer?
Garuda Textiles Private Limited offers a wide range of products and services, including Bed Linen & Bedspreads, Bed Sheets, Jacquard Bed Sheet, Cotton Bed Sheet, Cotton Double Bed Sheets, Solapur Chaddar, Single Bed Sheet.
Garuda Textiles Private Limited
Explore comprehensive data for Garuda Textiles Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Garuda Textiles?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Nanda Karwa  | Director | 06-May-1992 | Current |
| Kaustubh Karwa | Director | 08-Dec-2000 | Current |
Financial Performance of Garuda Textiles.
Garuda Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.57% decrease. The company also saw a slight decrease in profitability, with a 1.11% decrease in profit. The company's net worth moved up by a moderate rise of 5.13%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Garuda Textiles?
In 2023, Garuda Textiles had a promoter holding of 64.29% and a public holding of 35.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
- Antariksh Multicons Private Limited
Kaustubh Karwa is a mutual person
- Nilkanth Marketing Private Limited
Kaustubh Karwa is a mutual person
Charges (Loans)
Open Charges
₹35.14 M
Satisfied Charges
₹34.00 M
Charges Breakdown by Lending Institutions
- Others : 3.51 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Jun 2020 | Others | ₹6.74 M | Open |
| 11 Jul 2016 | Others | ₹2.84 Cr | Open |
| 29 Dec 2015 | Punjab National Bank | ₹2.20 Cr | Satisfied |
| 30 May 2011 | Vyapari Sahkari Bank Maryadit | ₹7.00 M | Satisfied |
| 25 Nov 2008 | Vikas Sahkari Bank Ltd | ₹5.00 M | Satisfied |
How Many Employees Work at Garuda Textiles?
Unlock and access historical data on people associated with Garuda Textiles, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Garuda Textiles, 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 Textiles'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 Textiles
Recent activity within the organization
- Charges
A charge with Others of Rs. 28.40 M registered on 11 Jul 2016 with Charge ID 100043630 was modified on 14 May 2024.
- Charges
A charge registered on 29 Dec 2015 via Charge ID 100032818 with Punjab National Bank was fully satisfied on 14 May 2024.
- Annual General Meeting
Garuda Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Garuda Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.
- Charges
A charge with Others amounted to Rs. 6.74 M with Charge ID 100347788 was registered on 03 Jun 2020.
- Charges
A charge registered on 30 May 2011 via Charge ID 10290772 with Vyapari Sahkari Bank Maryadit was fully satisfied on 25 Oct 2017.
Frequently asked questions
What is the Incorporation or founding date of Garuda Textiles Private Limited?
Garuda Textiles Private Limited was incorporated on 21 Jan 1991.
What is authorized share capital and paid-up capital of Garuda Textiles Private Limited?
The authorized share capital of Garuda Textiles Private Limited is ₹ 1.50 M and paid-up capital is ₹ 1.19 M.
Who are the current board members & directors of Garuda Textiles Private Limited?
Currently 2 directors are associated with Garuda Textiles Private Limited.
- Nanda Vishwanath Karwa
- Kaustubh Vishwanath Karwa
What is the registered address of Garuda Textiles Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Garuda Textiles Private Limited is C-10/2/26/27 Akkalkot Road, M I D C India, Solapur, Maharashtra, 413006.
What is the corporate identification number (CIN) and company number of Garuda Textiles Private Limited?
The corporate identification number (CIN) of Garuda Textiles Private Limited is U17119PN1991PTC059893 and the company number is 059893 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for Garuda Textiles Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Garuda Textiles Private Limited has fallen by -29.57%.
What change has been observed in the net worth of Garuda Textiles Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Garuda Textiles Private Limited has experienced an upsurge of 5.13%.
What are the total open charges for Garuda Textiles Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Garuda Textiles Private Limited amount to ₹ 3.51 Cr.
When was the last Balance Sheet of Garuda Textiles Private Limited filed with the ROC?
The most recent Balance Sheet for Garuda Textiles Private Limited was filed with the ROC on 31 Mar 2023.
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