About Garg Acrylics Limited
Data last updated: 15 July 2026
Garg Acrylics Limited is a public limited company based in Delhi, Delhi, India. It specialises in textile and fabric production, a part of the broader manufacturing sector. Incorporated on 22 November 1983, the company has been in operation for over 43 years.
Registered with ROC Delhi under CIN L74999DL1983PLC017001. Listed.
Capital: an authorised share capital of ₹31.2 Cr and a paid-up capital of ₹10.63 Cr. Formerly known as Garg Industries Limited and Mercury Finance and Leasing Company Limited. It is led by directors including Rajiv Garg and Ujjwal Garg.
Last AGM: 29 September 2025. Financial statements filed for year ended 31 March 2025. Office: A – 50/1 Wazirpur Industrial Area, Delhi, Delhi, India – 110052.
As per the financials filed for FY 2025, the company reported a revenue of ₹1,755.95 Cr, a growth of 9% compared to the previous year.
The company has a workforce of approximately 3,851 employees as per the latest available data.
The company is associated with 1 brand - Garg Acrylics. As per MCA filings, the company has open charges of ₹708.13 Cr and satisfied charges of ₹1,670.57 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gargltd.com.
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Registered AddressA – 50/1 Wazirpur Industrial Area, Delhi, Delhi, India – 110052
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IndustryManufacturing, Textile & Fabric Production
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Garg Acrylics Limited
Garg Acrylics Limited has undergone 3 name changes throughout its history. The company was previously known as Garg Industries Limited, Mercury Finance And Leasing Company Limited, and Mercury Ispat Udyog Limited. The current legal name is Garg Acrylics Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Garg Acrylics Limited | Current |
| Garg Industries Limited | Previous |
| Mercury Finance And Leasing Company Limited | Previous |
| Mercury Ispat Udyog Limited | Previous |
CIN History of Garg Acrylics Limited
Garg Acrylics Limited has one previous CIN (Corporate Identification Number): U74999DL1983PLC017001. The current CIN is L74999DL1983PLC017001, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L74999DL1983PLC017001 | Current |
| U74999DL1983PLC017001 | Previous |
Associated Brands with Garg Acrylics Limited
Garg Acrylics Limited operates one associated brand: Garg Acrylics. These brands represent Garg Acrylics Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Contract manufacturing of threads, garments, and fabrics is conducted. | gargltd.com |
Competitors & Alternatives of Garg Acrylics Limited
Brands and companies operating in the same space as Garg Acrylics Limited include Gokaldas Exports, Radhamani Group, Brand Concepts and 5 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
Gokaldas Exports
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Apparel and clothing are manufactured and exported on contract. | Bengaluru, India, India | 1979 |
Radhamani Group
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Sustainable garment manufacturing solutions are provided comprehensively. | Bengaluru, India, India | 2008 |
Brand Concepts
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Contract manufacturing of bags, belts, wallets, and accessories is conducted. | Indore, India, India | 2007 |
Cupid
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Contract manufacturer of male & female condoms | Nashik, India, India | 1993 |
Shahi
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Garments are contract-manufactured by Shahi in apparel production. | Faridabad, India, India | 1974 |
Eastman Exports
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Apparel products are manufactured under contract in India. | Tiruppur, India, India | 2003 |
Iris Clothings
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Garments are contract manufactured, designed, branded, and sold. | Howrah, India, India | 2004 |
SAPL Industries
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Offers product development and manufacturing services to business customers in India. | Mumbai, India, India | 2001 |
Business Activity of Garg Acrylics Limited
Garg Acrylics Limited is engaged in the principal business activity of manufacturing, with detailed activities including textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | Locked |
Business activity turnover details for Garg Acrylics Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Auditor Details of Garg Acrylics Limited
Garg Acrylics Limited is audited by Malhotra Manik & Associates for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Malhotra Manik & Associates | Locked | Locked | Locked |
Complete auditor history for Garg Acrylics Limited
Appointment status, appointment dates, cessation dates, and historical auditor changes require an active report plan.
- Appointment status
- Appointment dates
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Board of Directors of Garg Acrylics Limited
Garg Acrylics Limited is currently managed by 6 directors, with 13 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
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Rajiv Garg
Also directs:
Pushpa Yarns Private Limited, Entrepreneurs' Organization (Punjab)
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Managing Director | 28 Sep 1994 | 31 Years 9 Months | Current |
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Ujjwal Garg
Also directs:
Shubham Yarns Private Limited
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Whole-Time Director | 01 Apr 2006 | 20 Years 3 Months | Current |
| Sanjiv Garg | Managing Director | 01 Aug 2010 | 15 Years 11 Months | Current |
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Sanjay Sahni
Also directs:
Dcm Financial Services Limited
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Director | 22 Mar 2021 | 5 Years 4 Months | Current |
| Avnish Dhingra | Director | 22 Mar 2021 | 5 Years 4 Months | Current |
| Kavita Rani | Additional Director | 07 May 2026 | 0 Years 2 Months | Current |
Financials of Garg Acrylics Limited FY 2025 filings available
Garg Acrylics Limited reported revenue of ₹1,755.95 Cr (up 9.00% YoY) for FY 2025.
Ten-year financial statements for Garg Acrylics Limited
Historical statement values and trend charts require an active report plan.
- Income statements
- Balance sheets
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Ownership and Shareholding of Garg Acrylics Limited
Shareholding and ownership data for Garg Acrylics Limited
Promoter, institutional, public, and beneficial ownership values require an active report plan.
- Ownership categories
- Historical changes
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- FII and DII holdings
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Charges & Borrowings of Garg Acrylics Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Jul 2026 | Hdfc Bank Limited | ₹85.36 Lakh | Open |
| 17 Mar 2026 | Hdfc Bank Limited | ₹11 Lakh | Open |
| 20 Feb 2026 | Hdfc Bank Limited | ₹8.1 Cr | Open |
| 17 Jan 2026 | Others | ₹35 Cr | Open |
| 03 May 2025 | Hdfc Bank Limited | ₹90 Lakh | Open |
Total charge records: 66 View all charges
Employees and EPFO Compliance at Garg Acrylics Limited
Garg Acrylics Limited has a workforce of 3,851 employees as of Apr 06, 2024.
Employee and EPFO history for Garg Acrylics Limited
Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
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GST Compliance of Garg Acrylics Limited
GST registrations and filing compliance for Garg Acrylics Limited
State-wise registrations, return filing status, HSN and SAC details, and jurisdiction records require an active report plan.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for Garg Acrylics Limited
Credit ratings, litigation, and regulatory alerts for Garg Acrylics Limited
Agency ratings, court records, regulatory events, and entity-specific compliance alerts require an active report plan.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
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MSME Payment Delays by Garg Acrylics Limited
MSME payment history for Garg Acrylics Limited
Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
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Subsidiaries & Group Companies of Garg Acrylics Limited
Corporate group structure for Garg Acrylics Limited
Parent, subsidiary, associate, joint venture, and ownership records require an active report plan.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
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MCA Filings & Documents of Garg Acrylics Limited
MCA filings and documents for Garg Acrylics Limited
Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
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Recent Activity on Garg Acrylics Limited
Frequently Asked Questions about Garg Acrylics Limited
Garg Acrylics Limited is an active public limited company in the manufacturing sector based in Delhi, Delhi, India. It was incorporated on 22 November 1983 (43+ years old) and is registered under CIN L74999DL1983PLC017001. The company has 3,851 employees.
Garg Acrylics Limited reported revenue of ₹1,755.95 Cr for FY 2025 (up 9.00% YoY).
The current directors of Garg Acrylics Limited are:
- Rajiv Garg - Managing Director
- Ujjwal Garg - Whole-Time Director
- Sanjiv Garg - Managing Director
- Sanjay Sahni - Director
- Avnish Dhingra - Director
- Kavita Rani - Additional Director
The primary industry of Garg Acrylics Limited is manufacturing. The company specifically operates in textile and fabric production. The company is currently active in this sector.
Yes, Garg Acrylics Limited is a listed company.
Garg Acrylics Limited can be reached at the registered office: A – 501 Wazirpur Industrial Area, Delhi, Delhi, India – 110052, or through the website gargltd.com.