Garware Capital Markets Limited

Provides financial services such as NBFC operations, share investments, and inter corporate deposits.

1960 | Mumbai, Maharashtra (India) | Active
Last Updated:

Garware Capital Markets Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.51 Cr
  • Company Age 64 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 7.64 Cr
  • Revenue Growth -50.40%
  • Profit Growth -64.50%
  • Ebitda 4.60%
  • Net Worth 4.41%
  • Total Assets -5.03%

About Garware Capital Markets

Garware Capital Markets Limited (GCML) was founded in India on 22 April 1960 and has a glorious history of 64 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Financial Services 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 10.00 Cr and a paid-up capital of Rs 5.51 Cr.

The company currently has active open charges totaling ₹7.64 Cr.

Vayu Garware, Milind Kamat, Vasant Sardesai, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH1960PLC011653

  • Company No.

    011653

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Apr 1960

  • Date of AGM

    28 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Financial Services
Company report

Garware Capital Markets Limited

Explore comprehensive data for Garware Capital Markets Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Garware Capital Markets?

Board Members (5)

NameDesignationAppointment DateStatus
Vayu Garware Country flag representing Au Director 01-Mar-2014Current
Milind Kamat Country flag representing In Director 02-Nov-2012Current
Vasant Sardesai Country flag representing In Director 02-Nov-2012Current
Mayuri Garware Country flag representing In Director 03-Oct-2022Current
Santosh Purohit Country flag representing In Director 10-Apr-2015Current

Financial Performance of Garware Capital Markets.

Garware Capital Markets Limited, for the financial year ended 2021, experienced significant reduction in revenue, with a 50.4% decrease. The company also saw a substantial fall in profitability, with a 64.5% decrease in profit. The company's net worth moved up by a moderate rise of 4.41%.

Garware Capital Markets revenue growth over time
Garware Capital Markets 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
-50.40%
Revenue from Operations
Total Assets
-5.03%
Profit or Loss
-64.50%
Net Worth
4.41%
EBITDA
4.60%

What is the Ownership and Shareholding Structure of Garware Capital Markets?

In 2021, Garware Capital Markets 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

₹7.64 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • The Vysya Bank Ltd. : 5.00 Cr
  • Bank Of India : 1.30 Cr
  • Canara Bank : 0.73 Cr
  • Icici Limited : 0.20 Cr
  • Central Bank Of India : 0.15 Cr
  • Others : 0.25 Cr

Latest Charge Details

DateLenderAmountStatus
13 Feb 1995The Vysya Bank Ltd.₹5.00 CrOpen
14 Mar 1994Bank Of India₹1.00 CrOpen
24 Mar 1992The Saraswt Co-Op. Bank Ltd.₹1.41 MOpen
28 Oct 1989Bank Of India₹0.96 MOpen
09 Nov 1982Canara Bank₹7.34 MOpen

How Many Employees Work at Garware Capital Markets?

Unlock and access historical data on people associated with Garware Capital Markets, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for Garware Capital Markets Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Garware Capital Markets, 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 Garware Capital Markets'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 Garware Capital Markets

Recent activity within the organization

  • Annual General Meeting

    Garware Capital Markets Limited last Annual general meeting of members was held on 28 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Garware Capital Markets Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Director Appointment

    Mayuri Vayu Garware was appointed as a Director was appointed as a Director on 03 Oct 2022 & has been associated with this company since 2 years 6 months .

  • Director Appointment

    Santosh Shrikrishna Purohit was appointed as a Director was appointed as a Director on 10 Apr 2015 & has been associated with this company since 10 years 1 day .

  • Director Appointment

    Vayu Ramesh Garware was appointed as a Director was appointed as a Director on 01 Mar 2014 & has been associated with this company since 11 years 1 month .

  • Director Appointment

    Milind Anant Kamat was appointed as a Director was appointed as a Director on 02 Nov 2012 & has been associated with this company since 12 years 5 months .

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Garware Capital Markets Limited?

    Garware Capital Markets Limited was incorporated on 22 Apr 1960.

  • What is authorized share capital and paid-up capital of Garware Capital Markets Limited?

    The authorized share capital of Garware Capital Markets Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.51 Cr.

  • Who are the current board members & directors of Garware Capital Markets Limited?

    Currently 5 directors are associated with Garware Capital Markets Limited.

    • Vayu Ramesh Garware
    • Milind Anant Kamat
    • Vasant Suryakant Sardesai
    • Mayuri Vayu Garware
    • Santosh Shrikrishna Purohit

  • What is the registered address of Garware Capital Markets Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Garware Capital Markets Limited is Chowpatty Chambers Sandhurst Bridge India, Mumbai, Maharashtra, 400007.

  • What is the corporate identification number (CIN) and company number of Garware Capital Markets Limited?

    The corporate identification number (CIN) of Garware Capital Markets Limited is U74999MH1960PLC011653 and the company number is 011653 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Garware Capital Markets Limited?

    The Official website of Garware Capital Markets Limited is https://www.garwarefibres.com

  • What has been the recent revenue trend for Garware Capital Markets Limited?

    According to the financial reports for the fiscal year 2021, the revenue trend for Garware Capital Markets Limited has fallen by -50.40%.

  • What change has been observed in the net worth of Garware Capital Markets Limited, and by what percentage?

    The financial reports for the fiscal year 2021 indicates that The net worth of Garware Capital Markets Limited has experienced an upsurge of 4.41%.

  • What are the total open charges for Garware Capital Markets Limited?

    As per the financial statements for fiscal Year 2021, The total open charges for Garware Capital Markets Limited amount to ₹ 7.64 Cr.

  • When was the last Balance Sheet of Garware Capital Markets Limited filed with the ROC?

    The most recent Balance Sheet for Garware Capital Markets Limited was filed with the ROC on 31 Mar 2024.

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