Garware Industriees Profile
Key Indicators
- Authorised Capital ₹ 132.00 Cr
- Paid Up Capital ₹ 9.65 Cr
- Company Age 12 Year, 5 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 39.30 Cr
- Satisfied Charges ₹ 240.32 Cr
- Revenue Growth -11.20%
- Profit Growth -25.20%
- Ebitda -17.69%
- Net Worth -0.63%
- Total Assets 9.97%
About Garware Industriees
Garware Industriees Private Limited (GIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 August 2012 and has a history of 12 years and five months. Its registered office is in Mumbai, Maharashtra, India.
The Corporate was formerly known as You And Me Enterprise Private Limited. The Company is engaged in the Packaging 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 132.00 Cr and a paid-up capital of Rs 9.65 Cr.
The company currently has active open charges totaling ₹39.30 Cr. The company has closed loans amounting to ₹240.32 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Garware Industriees Private Limited India is Hitesh Rathi as COMPANY SECRETARY. Sheela Shashikant, Sarita Garware, Sanjay Mugalikar, and Four 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
U74999MH2012PTC235072
- Company No.
235072
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
28 Aug 2012
- Date of AGM
27 Jun 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Mumbai
Industry
Who are the key members and board of directors at Garware Industriees?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sheela Shashikant  | Managing Director | 12-Sep-2012 | Current |
| Hitesh Rathi | Company Secretary | 11-Nov-2022 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Sarita Garware | Director | 11-Nov-2022 | Current |
| Sanjay Mugalikar | Whole-Time Director | 16-Oct-2017 | Current |
| Ravindra Kate | Director | 16-Oct-2017 | Current |
| Shashikant Garware | Director | 12-Sep-2012 | Current |
| Monika Garware | Director | 10-Jan-2013 | Current |
| Sonia Garware | Director | 10-Jan-2013 | Current |
Financial Performance of Garware Industriees.
Garware Industriees Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.2% decrease. The company also saw a substantial fall in profitability, with a 25.2% decrease in profit. The company's net worth dipped by a decrease of 0.63%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metrics |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Garware Industriees?
In 2023, Garware Industriees had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Garware Hi-Tech Films LimitedSarita Garware, Shashikant Garware and 2 more are mutual person
Breach Candy Hospital TrustMonika Garware is a mutual person
B. D. Garware Research Centre Private LimitedShashikant Garware and Sonia Garware are mutual person
Great View Real Estates Private LimitedSheela Shashikant, Sarita Garware and 3 more are mutual person
- Golden Myriad Investment Management Llp
Monika Garware is a mutual person
Charges (Loans)
₹39.30 Cr
₹240.32 Cr
Charges Breakdown by Lending Institutions
- Others : 36.67 Cr
- Hdfc Bank Limited : 2.63 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 24 Sep 2021 | Hdfc Bank Limited | ₹4.45 M | Open |
| 09 Jul 2021 | Hdfc Bank Limited | ₹2.19 Cr | Open |
| 11 Aug 2005 | Others | ₹36.67 Cr | Open |
| 02 Nov 2006 | Idbi Trusteeship Services Limited | ₹43.58 Cr | Satisfied |
| 25 Sep 2004 | Deogiri Nagari Sahakari Bank Ltd | ₹3.75 Cr | Satisfied |
How Many Employees Work at Garware Industriees?
Garware Industriees has a workforce of 11 employees as of Apr 05, 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 Garware Industriees, 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 Industriees'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.
