Garware Industriees Private Limited

Produces color-stabilized and dyed film for various industries.

2012 | Mumbai, Maharashtra (India) | Active
Last Updated:

Garware Industriees Profile

Key Indicators

  • Authorised Capital ₹ 132.00 Cr
  • Paid Up Capital ₹ 9.65 Cr
  • Company Age 12 Year, 8 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 eight 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

Packaging
Company report

Garware Industriees Private Limited

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

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

Executive Team (2)

NameDesignationAppointment DateStatus
Sheela Shashikant Country flag representing In Managing Director12-Sep-2012Current
Hitesh Rathi Company Secretary11-Nov-2022Current

Board Members (6)

NameDesignationAppointment DateStatus
Sarita Garware Country flag representing In Director 11-Nov-2022Current
Sanjay Mugalikar Country flag representing In Whole-Time Director 16-Oct-2017Current
Ravindra Kate Country flag representing In Director 16-Oct-2017Current
Shashikant Garware Country flag representing In Director 12-Sep-2012Current
Monika Garware Country flag representing In Director 10-Jan-2013Current
Sonia Garware Country flag representing In Director 10-Jan-2013Current

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%.

Garware Industriees revenue growth over time
Garware Industriees 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
-11.20%
Revenue from Operations
-11.79%
Total Assets
9.97%
Profit or Loss
-25.20%
Net Worth
-0.63%
EBITDA
-17.69%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹39.30 Cr

Satisfied Charges

₹240.32 Cr

Charges Breakdown by Lending Institutions

  • Others : 36.67 Cr
  • Hdfc Bank Limited : 2.63 Cr

Latest Charge Details

DateLenderAmountStatus
24 Sep 2021Hdfc Bank Limited₹4.45 MOpen
09 Jul 2021Hdfc Bank Limited₹2.19 CrOpen
11 Aug 2005Others₹36.67 CrOpen
02 Nov 2006Idbi Trusteeship Services Limited₹43.58 CrSatisfied
25 Sep 2004Deogiri Nagari Sahakari Bank Ltd₹3.75 CrSatisfied

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.

Employee growth trends for Garware Industriees Private Limited

Deals i

Graph showing company valuation over time

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

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 Industriees

Recent activity within the organization

  • Annual General Meeting

    Garware Industriees Private Limited last Annual general meeting of members was held on 27 Jun 2024 as per latest MCA records.

  • Balance Sheet

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

  • Charges

    A charge with Others of Rs. 36.67 Cr registered on 11 Aug 2005 with Charge ID 80052136 was modified on 10 Jan 2022.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.44 Cr with Charge ID 100489619 was registered on 24 Sep 2021.

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 2.19 Cr with Charge ID 100467746 was registered on 09 Jul 2021.

  • Charges

    A charge registered on 07 Sep 1998 via Charge ID 90222932 with The Comos Co -Op. Bank Ltd. was fully satisfied on 28 Jun 2018.

Frequently asked questions

  • What is the Incorporation or founding date of Garware Industriees Private Limited?

    Garware Industriees Private Limited was incorporated on 28 Aug 2012.

  • What is authorized share capital and paid-up capital of Garware Industriees Private Limited?

    The authorized share capital of Garware Industriees Private Limited is ₹ 132.00 Cr and paid-up capital is ₹ 9.65 Cr.

  • Who are the current board members & directors of Garware Industriees Private Limited?

    Currently 8 directors are associated with Garware Industriees Private Limited.

    • Sheela Garware Shashikant
    • Sarita Ramsay Garware
    • Sanjay Shrinivasrao Mugalikar
    • Ravindra Prabhakarrao Kate
    • Hitesh Kumar Rathi
    • Shashikant Bhalchandra Garware
    • Monika Garware
    • Sonia Garware

  • What is the registered address of Garware Industriees Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Garware Industriees Private Limited is Garware House 50 -A Swami Nityanand Marg, Vile Parle (East) India, Mumbai, Maharashtra, 400057.

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

    The corporate identification number (CIN) of Garware Industriees Private Limited is U74999MH2012PTC235072 and the company number is 235072 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Garware Industriees Private Limited?

    The Official website of Garware Industriees Private Limited is https://www.garwareindustriees.com

  • What has been the recent revenue trend for Garware Industriees Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Garware Industriees Private Limited has fallen by -11.20%.

  • How many employees does Garware Industriees Private Limited currently have?

    As Per 2023 financial reports, 11 employees are currently employed by Garware Industriees Private Limited.

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

    The financial reports for the fiscal year 2023 indicates that The net worth of Garware Industriees Private Limited has experienced an downturn of -0.63%.

  • What are the total open charges for Garware Industriees Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Garware Industriees Private Limited amount to ₹ 39.30 Cr.

  • When was the last Balance Sheet of Garware Industriees Private Limited filed with the ROC?

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

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