Garware Synthetics Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 5.81 Cr
- Company Age 55 Year, 6 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 3.68 Cr
- Revenue Growth -11.93%
- Profit Growth 151.06%
- Ebitda -25.14%
- Net Worth 23.32%
- Total Assets -9.45%
About Garware Synthetics
Garware Synthetics Limited (GSL) was founded in India on 01 September 1969 and has a glorious history of 55 years and six months. Its registered office is in Mira Road, Maharashtra.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 514400.
The Corporate was formerly known as Garware Synthetic Bristles Private Limited. The Company is engaged in the Machinery And Equipment 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 5.81 Cr.
The company has closed loans amounting to ₹3.68 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Garware Synthetics Limited India are Swati Jain as Company Secretary, Dinesh Gurav as Cfo, and Ujwala Tate as Ceo. Sandip Pawar, Deepak Kamble, Harish Shriyan, and Three other members serve as directors at the Company.
Company Details
- Location Mira Road, Maharashtra
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
L99999MH1969PLC014371
- Company No.
014371
- Stock Symbol
BSE : 514400
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
01 Sep 1969
- Date of AGM
27 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
Machinery and Equipment
What products or services does Garware Synthetics Limited offer?
Garware Synthetics Limited offers a wide range of products and services, including Scalpels, Needles & Scissors, Non Absorbable Sutures, Bushings & Bushing Parts, Plastic Bushing, Industrial & Machine Brushes, Synthetic Brush, Yarns & Threads, Industrial Yarn, Fishing Equipment & Accessories, Fishing Line.
Who are the key members and board of directors at Garware Synthetics?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Swati Jain  | Company Secretary | 31-Mar-2021 | Current |
| Dinesh Gurav | CFO | 30-Mar-2019 | Current |
| Ujwala Tate | CEO | 10-Jan-2025 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shilpa Parab | Director | 31-Jan-2019 | Current |
| Sandip Pawar | Director | 26-Jun-2019 | Current |
| Deepak Kamble | Director | 28-Sep-2022 | Current |
| Harish Shriyan | Director | 30-Aug-2024 | Current |
| Sunder Moolya | Whole-Time Director | 02-May-2001 | Current |
| Kirtikumar Doshi | Director | 28-Oct-2002 | Current |
Financial Performance of Garware Synthetics.
Garware Synthetics Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.93% decrease. The company also saw a substantial improvement in profitability, with a 151.06% increase in profit. The company's net worth Soared by an impressive increase of 23.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Garware Synthetics?
In 2023, Garware Synthetics had a promoter holding of 45.78% and a public holding of 54.23%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Deccan Bearings LtdSandip Pawar and Shilpa Parab are mutual person
Asean Industrial Structures LimitedSandip Pawar is a mutual person
- Tyson Marketing Private Limited
Sunder Moolya is a mutual person
- Garflon Marketing (India) Private Limited
Sunder Moolya is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹3.68 Cr
Charges Breakdown by Lending Institutions
- Bank Of Baroda : 3.68 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 21 Aug 1995 | Bank Of Baroda | ₹1.90 Cr | Satisfied |
| 21 Aug 1995 | Bank Of Baroda | ₹7.64 M | Satisfied |
| 21 Aug 1995 | Bank Of Baroda | ₹7.64 M | Satisfied |
| 21 Aug 1995 | Bank Of Baroda | ₹1.00 M | Satisfied |
| 01 Mar 1990 | Bank Of Baroda | ₹1.50 M | Satisfied |
How Many Employees Work at Garware Synthetics?
Garware Synthetics has a workforce of 64 employees as of Apr 07, 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 Synthetics, 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 Synthetics'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 Garware Synthetics
Recent activity within the organization
- Director Appointment
Ujwala Somnath Tate was appointed as a Ceo was appointed as a Ceo on 10 Jan 2025 & has been associated with this company since 2 months 18 days .
- Annual General Meeting
Garware Synthetics Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
- Director Appointment
Harish Koraga Shriyan was appointed as a Director was appointed as a Director on 30 Aug 2024 & has been associated with this company since 6 months 29 days .
- Balance Sheet
Garware Synthetics Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
- Director Appointment
Deepak Pandurang Kamble was appointed as a Director was appointed as a Director on 28 Sep 2022 & has been associated with this company since 2 years 6 months .
- Director Appointment
Sandip Keshav Pawar was appointed as a Director was appointed as a Director on 26 Jun 2019 & has been associated with this company since 5 years 9 months .
Frequently asked questions
What is the Incorporation or founding date of Garware Synthetics Limited?
Garware Synthetics Limited was incorporated on 01 Sep 1969.
What is authorized share capital and paid-up capital of Garware Synthetics Limited?
The authorized share capital of Garware Synthetics Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.81 Cr.
Who are the current board members & directors of Garware Synthetics Limited?
Currently 9 directors are associated with Garware Synthetics Limited.
- Sandip Keshav Pawar
- Deepak Pandurang Kamble
- Harish Koraga Shriyan
- Swati Jain
- Dinesh Balu Gurav
- Ujwala Somnath Tate
- Shilpa Sagar Parab
- Sunder Kocha Moolya
- Kirtikumar Bhailal Doshi
What is the registered address of Garware Synthetics Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Garware Synthetics Limited is Manish Textiles Industrial Premises Opposite Golden Chemical, Penkar Pada India, Mira Road, Maharashtra, 401104.
What is the corporate identification number (CIN) and company number of Garware Synthetics Limited?
The corporate identification number (CIN) of Garware Synthetics Limited is L99999MH1969PLC014371 and the company number is 014371 as per Ministry of Corporate Affairs (MCA).
Is Garware Synthetics Limited registered with any stock exchange in India?
Yes, Garware Synthetics Limited is registered on Bombay Stock Exchange (BSE).
What is the official website of Garware Synthetics Limited?
The Official website of Garware Synthetics Limited is https://www.garwaresyn.com
What has been the recent revenue trend for Garware Synthetics Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Garware Synthetics Limited has fallen by -11.93%.
How many employees does Garware Synthetics Limited currently have?
As Per 2023 financial reports, 64 employees are currently employed by Garware Synthetics Limited.
What change has been observed in the net worth of Garware Synthetics Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Garware Synthetics Limited has experienced an upsurge of 23.32%.
When was the last Balance Sheet of Garware Synthetics Limited filed with the ROC?
The most recent Balance Sheet for Garware Synthetics Limited was filed with the ROC on 31 Mar 2024.
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