Garware Synthetics Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 5.81 Cr
- Company Age 55 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- 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 five months. Its registered office is in Mira Road, Maharashtra, India.
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 2023. 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 Dinesh Gurav as CFO and Swati Jain as Company Secretary. Deepak Kamble, Shilpa Parab, Sandip Pawar, and Three other members serve as directors at the Company.
Company Details
- Location
Mira Road, Maharashtra, India
- 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
29 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Mumbai
Industry
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 (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Dinesh Gurav  | CFO | 30-Mar-2019 | Current |
| Swati Jain | Company Secretary | 31-Mar-2021 | Current |
Board Members (6)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Shilpa Parab | Director | 31-Jan-2019 | Current |
| Deepak Kamble | Director | 28-Sep-2022 | Current |
| Sandip Pawar | Director | 26-Jun-2019 | Current |
| Santosh Borkar | Director | 05-Jun-2009 | 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 LtdShilpa Parab and Sandip Pawar 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)
₹0
₹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.
