Garba Steels Private Limited

Garba Steels Private Limited - metals and minerals in Delhi, India. FY 2026 financials & compliance.
CIN U74899DL1988PTC032430 Incorporated 12 July 1988 ROC Delhi HQ Delhi, India
Active Private Limited Company metals and minerals MSME · Small
Data last updated
Revenue · FY 2024
₹34.73 Cr
▲ 7% YoY
Net profit · FY 2024
₹5.94 Lakh
Net margin 0.2%
EBITDA · FY 2024
₹59.28 Lakh
EBITDA margin 1.7%
Authorised capital
₹25 Lakh
Registered with MCA
Paid-up capital
₹16.65 Lakh
Issued & subscribed
Open charges
₹5.65 Cr
Satisfied ₹7.25 Cr
Company age
38 yrs
Est. 1988
Directors on board
2
As per MCA filings

About Garba Steels Private Limited

Data last updated:

Garba Steels Private Limited is a private limited company based in Delhi, India. It operates in the construction materials distribution segment of the metals and mining sector. It was incorporated on 12 July 1988 and has been in existence for over 38 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1988PTC032430. Its GSTIN is 09AAACG0685J1ZG (Uttar Pradesh).

The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹16.65 Lakh. It is led by directors Shyam Murari Bansal and Shobha Bansal.

Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 4973/210 Phatak Badal Beghauz Quzi, Delhi, India – 110087.

As per the financials filed for FY 2024, the company reported a revenue of ₹34.73 Cr, a growth of 7% compared to the previous year. For the same year it recorded a net profit of ₹5.94 Lakh (net margin 0.2%) and EBITDA of ₹59.28 Lakh (EBITDA margin 1.7%). Revenue has grown at a compounded annual rate (CAGR) of 21% over three years and 4% over five years.

As per MCA filings, the company has open charges of ₹5.65 Cr and satisfied charges of ₹7.25 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.

Garba Steels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-UP-29-0015842). The current compliance status is marked as compliant by the Registrar of Companies.

Company details

CIN U74899DL1988PTC032430
Registration Number 032430
Incorporation Date 12 July 1988
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-UP-29-0015842

Recognitions & Rankings of Garba Steels

MSME (Udyam registered) Ministry of MSME
Category
Small (2023-24)
Udyam number
UDYAM-UP-29-0015842

Contact details

Garba Steels Private Limited's registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Registered Address
    4973/210 Phatak Badal Beghauz Quzi, Delhi, India – 110087
  • Industry
    Metals and Minerals, Construction Materials Retail & Distribution

To see the full contact details of Garba Steels Private Limited, buy the company report.

Comprehensive company report
Garba Steels Private Limited - one report that includes everything
  • 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
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Business activity

The main business activity of Garba Steels is wholesale and retail trade; repair of motor vehicles and motorcycles. In detail, this covers retail trade, except of motor vehicles and motorcycles.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
GWholesale and retail trade; repair of motor vehicles and motorcycles47Retail trade, except of motor vehicles and motorcycles

To see the full business activity and turnover split of Garba Steels Private Limited, buy the company report.

Financials of Garba Steels Private Limited

FY 2024 filings available

Garba Steels Private Limited reported revenue of ₹34.73 Cr (up 7% YoY) for FY 2024.

Revenue · FY 2024
₹34.73 Cr ▲ 7%
Net profit · FY 2024
₹5.94 Lakh margin 0.2%
EBITDA · FY 2024
₹59.28 Lakh margin 1.7%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 7%
3 years · compounded
▲ 21%
5 years · compounded
▲ 4%
EBITDA CAGR growth
1 year
▲ 8%
3 years · compounded
▲ 7%

Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 7% growth in the latest year. EBITDA rose 8% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations
Other Income
Total Revenue
Cost of Materials Consumed
Employee Benefit Expense
Finance Costs
Depreciation and Amortisation
Other Expenses
Total Expenses
EBITDA₹59.28 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)₹5.94 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

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin1.7%
Net Profit Margin0.2%
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 Garba Steels Private Limited, buy the company report.

Board of directors of Garba Steels Private Limited

Garba Steels has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Shyam Murari BansalDirector25 Feb 199234 Years 8 MonthsCurrent
Shobha BansalDirector16 Nov 200421 Years 11 MonthsCurrent

Auditor

Garba Steels Private Limited is audited by RISHI K SHARMA & ASSOCIATES for the financial year 2022.

Auditor firmFinancial yearFirm registration number
RISHI K SHARMA & ASSOCIATESFY 2022084830

Shareholding

The shareholding of Garba Steels Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.

Shareholder categoryFY 2023FY 2022FY 2021FY 2020FY 2019
Promoters
Domestic institutional investors (DII)
Foreign institutional investors (FII)
Public
Others

To see the full shareholding pattern of Garba Steels Private Limited, buy the company report.

Charges & borrowings

Open charges
₹5.65 Cr
Satisfied charges
₹7.25 Cr
Breakdown by lending institutions
Others₹5.62 Cr
Bank of Rajasthan Ltd.₹0.03 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
07 Aug 2017100115093Others₹5.62 CrOpen
18 Jan 200090035641Bank of Rajasthan Ltd.₹3 LakhOpen
30 Jun 201110300365Oriental Bank of Commerce₹5.5 CrSatisfied
25 Mar 200610006121Karnataka Bank Limited₹1.75 CrSatisfied

To see the full charge records of Garba Steels Private Limited, buy the company report.

Total charge records: 4 View all charges

MSME payment delays

No delayed payments to MSME suppliers are on our record for Garba Steels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

GST

Garba Steels has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
09AAACG0685J1ZGUttar PradeshActive01 Jul 2017

To see the full GST registrations and return filing status of Garba Steels Private Limited, buy the company report.

Recent activity

Garba Steels Private Limited has 3 board changes on record since 1992: 2 appointments and 1 cessation. The latest: Kailash Bansal ceased to be Director on 01 Jun 2011.

AGM
Garba Steels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others of Rs. 562.47 Lakh registered on 07 Aug 2017 with Charge ID 100115093 was modified on 30 Apr 2024.
Filing
Garba Steels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.
Charges
A charge registered on 30 Jun 2011 via Charge ID 10300365 with Oriental Bank Of Commerce was fully satisfied on 18 Aug 2021.
Charges
A charge with Others amounted to Rs. 562.47 Lakh with Charge ID 100115093 was registered on 07 Aug 2017.
Charges
A charge with Oriental Bank Of Commerce of Rs. 550.00 Lakh registered on 30 Jun 2011 with Charge ID 10300365 was modified on 25 Apr 2013.
Charges
A charge with Oriental Bank Of Commerce amounted to Rs. 550.00 Lakh with Charge ID 10300365 was registered on 30 Jun 2011.
Charges
A charge registered on 25 Mar 2006 via Charge ID 10006121 with Karnataka Bank Limited was fully satisfied on 30 Jun 2011.
Ceased
Kailash Bansal ceased to be Director.
Charges
A charge with Karnataka Bank Limited of Rs. 175.00 Lakh registered on 25 Mar 2006 with Charge ID 10006121 was modified on 20 Jan 2010.
Charges
A charge with Karnataka Bank Limited amounted to Rs. 175.00 Lakh with Charge ID 10006121 was registered on 25 Mar 2006.
Appointed
Shobha Bansal was appointed as Director.

3 earlier events are in the company report.

Frequently asked questions

Garba Steels is an active private limited company based in Delhi, India. The company works in construction materials retail and distribution, within the metals and minerals industry. It was incorporated on 12 July 1988 (38+ years old) and is registered under CIN U74899DL1988PTC032430.

Garba Steels has 2 current directors:

The latest financial statements of Garba Steels on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.

The GSTIN of Garba Steels is 09AAACG0685J1ZG, registered in Uttar Pradesh.

The CIN (Corporate Identification Number) of Garba Steels is U74899DL1988PTC032430. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Garba Steels has 1 court case on record: 1 filed by the company.

Garba Steels was incorporated on 12 July 1988, making it 38+ years old. It is registered with the Registrar of Companies, Delhi.

Kailash Bansal ceased to be Director on 01 Jun 2011. Shobha Bansal was appointed as Director on 16 Nov 2004. Shyam Murari Bansal was appointed as Director on 25 Feb 1992.

Yes, Garba Steels is registered as a small enterprise under Udyam registration (number: UDYAM-UP-29-0015842).

The registered office of Garba Steels is at 4973210 Phatak Badal Beghauz Quzi, Delhi, India – 110087.