Gars Garments Private Limited
About Gars Garments Private Limited
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Gars Garments Private Limited was a private limited company based in Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the retail trade segment of the trading and commerce sector. It was incorporated on 19 July 2016.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL2016PTC303245. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Sanjeev Maggu and Renu Maggu.
Its last annual general meeting (AGM) was held on 31 December 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office was at House No 24 Floor Ground Block – 1 Pkt 4 Sec 16 Rohini, Delhi, India – 110085.
As per the financials filed for FY 2017, the company reported a revenue of ₹6.46 Lakh. For the same year it recorded a net loss of ₹1.47 Lakh (net margin -22.8%) and EBITDA of -₹1.51 Lakh (EBITDA margin -23.3%).
Company details
Contact details
Gars Garments Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHouse No 24 Floor Ground Block – 1 Pkt 4 Sec 16 Rohini, Delhi, India – 110085
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Gars Garments Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Gars Garments is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Gars Garments Private Limited, buy the company report.
Financials of Gars Garments Private Limited
FY 2017 filings availableGars Garments Private Limited reported revenue of ₹6.46 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | ₹6.46 Lakh |
| Other Income | |
| Total Revenue | |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹1.51 Lakh |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹1.47 Lakh |
| Balance Sheet | |
| Share Capital | |
| Reserves and Surplus | |
| Net Worth (Total Equity) | |
| Long-term Borrowings | |
| Short-term Borrowings | |
| Trade Payables | |
| Total Liabilities | |
| Fixed Assets | |
| Investments | |
| Inventories | |
| Trade Receivables | |
| Cash and Bank Balance | |
| Total Assets | |
Financial Ratios
| Metrics | FY 2016-17 |
|---|---|
| Profitability | |
| EBITDA Margin | -23.3% |
| Net Profit Margin | -22.8% |
| Return on Equity (ROE) | |
| Return on Capital Employed (ROCE) | |
| Return on Assets (ROA) | |
| Liquidity and Debt | |
| Current Ratio | |
| Quick Ratio | |
| Debt-to-Equity Ratio | |
| Interest Coverage Ratio | |
| Efficiency and Growth | |
| Asset Turnover | |
| Receivable Days | |
| Payable Days | |
| Inventory Days | |
| Revenue Growth | |
| Net Profit Growth | |
To see the full financial statements and ratios of Gars Garments Private Limited, buy the company report.
Board of directors of Gars Garments Private Limited
Gars Garments has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sanjeev Maggu | Director | 19 Jul 2016 | 10 Years 3 Months | As last reported |
| Renu Maggu | Director | 19 Jul 2016 | 10 Years 3 Months | As last reported |
Peer comparison
Gars Garments Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Third Entity Security Solutions Private Limited | ₹6.47 Lakh (FY 2019) | 1357.0% | Bangalore, Karnataka, India | |||
| Westila Private Limited | ₹6.47 Lakh (FY 2025) | 11333.0% | Gurgaon, Haryana, India | |||
| Areena Lubricants Private Limited | ₹6.47 Lakh (FY 2022) | -72.0% | Patna, Bihar, India | |||
| SPNZ Technologies Private Limited | ₹6.47 Lakh (FY 2019) | Yavatmal, Maharashtra, India | ||||
| Creo Projects Private Limited | ₹6.47 Lakh (FY 2018) | 1371.0% | Greater Noida, Uttar Pradesh, India | |||
| Gars Garments Private Limitedthis company | ₹6.46 Lakh (FY 2017) | -₹1.47 Lakh | -22.8% | Delhi, India | ||
| Dungarwala Exports Private Limited | ₹6.46 Lakh (FY 2024) | 11.0% | Ranchi, Jharkhand, India | |||
| Wondder Life Care Private Limited | ₹6.46 Lakh (FY 2023) | Jaleswar, Odisha, India | ||||
| Care Invalids Private Limited | ₹6.45 Lakh (FY 2024) | -36.0% | Kanpur, Uttar Pradesh, India | |||
| Qualityplaza Autocars Private Limited | ₹6.45 Lakh (FY 2021) | -94.0% | Hyderabad, Telangana, India | |||
| Pradeep & Praveen Daily Essential Services Private Limited | ₹6.45 Lakh (FY 2023) | -59.0% | Tehri Garhwal, Uttarakhand, India |
To see the full peer comparison of Gars Garments Private Limited, buy the company report.
Auditor
Gars Garments Private Limited is audited by Rajat Kalsi & Associates for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Rajat Kalsi & Associates | FY 2017 | 518515 |
Shareholding
The shareholding of Gars Garments Private Limited is on record for FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Gars Garments Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gars Garments Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gars Garments Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gars Garments has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Gars Garments Private Limited, buy the company report.
Recent activity
Gars Garments Private Limited has 2 board changes on record since 2016: 2 appointments. The latest: Renu Maggu was appointed as Director on 19 Jul 2016.
Frequently asked questions
Gars Garments has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Gars Garments was a private limited company based in Delhi, India. The company worked in retailers, within the trading industry. It was incorporated on 19 July 2016 and is registered under CIN U74999DL2016PTC303245. The company has been struck off by the Registrar of Companies and is no longer operational.
Gars Garments had 2 directors:
- Sanjeev Maggu - Director
- Renu Maggu - Director
The CIN (Corporate Identification Number) of Gars Garments is U74999DL2016PTC303245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Gars Garments is at House No 24 Floor Ground Block – 1 Pkt 4 Sec 16 Rohini, Delhi, India – 110085.
Gars Garments was incorporated on 19 July 2016. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of Gars Garments on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 31 December 2017. Year-wise statements from FY 2017 are in the company report.
No. Gars Garments has 1 GST registration on record and it is cancelled or inactive.
Gars Garments operated in the trading industry, in the retailers segment. It worked in this industry before it was struck off.
The peers of Gars Garments by revenue are Third Entity Security Solutions Private Limited, Westila Private Limited, Areena Lubricants Private Limited, SPNZ Technologies Private Limited, Creo Projects Private Limited and 5 more, all in the same principal business activity (retail trading).
Renu Maggu was appointed as Director on 19 Jul 2016. Sanjeev Maggu was appointed as Director on 19 Jul 2016.
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