Garg Acrylics Limited Company Logo

Garg Acrylics Limited - Company Profile

It is a manufacturing public limited company based in Delhi, Delhi, India, established in 1983.

1983 | Delhi, Delhi, India | Active
Last Updated:

About Garg Acrylics Limited

Garg Acrylics Limited, a active public limited company, was established on 22 November 1983 in Delhi, Delhi, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: L74999DL1983PLC017001. Registered under ROC Roc Delhi. it is listed. It has an authorized capital of ₹31.20 Cr and a paid-up capital of ₹10.63 Cr.

Formerly known as Garg Industries Limited, Mercury Finance And Leasing Company Limited. It upholds a compliant status. In 2023, it reported revenue of ₹1,603.75 Cr and a net worth of ₹484.53 Cr. Employing 3,851 professional, Its leadership includes Misha Nayar (Director), Avnish Dhingra (Director), Ujjwal Garg (Whole-Time Director). Past directors included Dharm Paul Gupta, Vaneera Garg, Misha Nayar. It holds ₹666.24 Cr open charges and ₹1,668.39 Cr settled loans. Its latest AGM occurred on 27 September 2024, with the balance sheet filed on 31 March 2024. It is based at A- 50/1 Wazirpur Industrial Area, Delhi, Delhi, 110052.

Company Details

  • CIN/LLPIN

    L74999DL1983PLC017001

  • Registration Number

    017001

  • Incorporation Date

    22 November 1983

  • Authorized Capital

    ₹31.20 Cr

  • Paid-Up Capital

    ₹10.63 Cr

  • ROC Code

    Roc Delhi

  • Listing Status

    Listed

  • Company Status

    Active

Key Indicators

  • Authorised Capital ₹ 31.20 Cr
  • Paid Up Capital ₹ 10.63 Cr
  • Company Age 42 Year, 3 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 666.24 Cr
  • Satisfied Charges ₹ 1,668.39 Cr
  • Revenue Growth -17.49%
  • Profit Growth -88.75%
  • Ebitda -71.61%
  • Net Worth 3.85%
  • Total Assets -9.93%
Company report

Garg Acrylics Limited

Company Report FY 2025-2026

Explore comprehensive insights into Garg Acrylics Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Garg Acrylics Limited?

Current Directors

NameDesignationAppointment DateStatus
Misha NayarDirector22 Mar 2021Current
Avnish DhingraDirector22 Mar 2021Current
Ujjwal GargWhole-Time Director01 Apr 2006Current
Sanjay SahniDirector22 Mar 2021Current
Rajiv GargManaging Director28 Sep 1994Current
Sanjiv GargManaging Director01 Aug 2010Current

Past Directors

NameDesignationCessationStatus
Pramod AbcsddDirector20 Mar 2014Past
Pramod AbcsddDirector31 Mar 2008Past
Pramod AbcsddAdditional Director28 Sep 2021Past
Pramod AbcsddAdditional Director28 Sep 2021Past
Pramod AbcsddDirector31 Jul 2010Past
Pramod AbcsddAdditional Director28 Sep 2021Past

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Financial Performance of Garg Acrylics.

Garg Acrylics Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 17.49% decrease. The company also saw a substantial fall in profitability, with a 88.75% decrease in profit. The company's net worth moved up by a moderate rise of 3.85%.

Garg Acrylics revenue growth over time
Garg Acrylics profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-17.49%
Revenue from Operations
-17.45%
Total Assets
-9.93%
Profit or Loss
-88.75%
Net Worth
3.85%
EBITDA
-71.61%

What is the Ownership and Shareholding Structure of Garg Acrylics?

In 2023, Garg Acrylics had a promoter holding of 56.29% and a public holding of 43.71%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

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Charges (Loans)

Open Charges

₹6,662,427,372.00

Satisfied Charges

₹16,683,865,534.00

Charges Breakdown by Lending Institutions

  • Others : 550.60 Cr
  • Hdfc Bank Limited : 55.64 Cr
  • Punjab National Bank : 40.00 Cr
  • Yes Bank Limited : 20.00 Cr

Latest Charge Details

DateLenderAmountStatus
03 May 2025Hdfc Bank Limited₹9.00 MOpen
19 Dec 2024Yes Bank Limited₹20.00 CrOpen
22 Mar 2024Hdfc Bank Limited₹1.70 MOpen
22 Jan 2024Hdfc Bank Limited₹2.49 CrOpen
13 Dec 2023Hdfc Bank Limited₹50.00 CrOpen

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How Many Employees Work at Garg Acrylics?

Garg Acrylics has a workforce of 3851 employees as of Apr 06, 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.

Employee growth trends for Garg Acrylics Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Garg Acrylics, 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 Garg Acrylics's trajectory.

Rating

Graph displaying rating trends over time

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

Alert Indicator

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 Garg Acrylics

Recent Activity within the Organization

  • Charges

    Progress on A charge registered on 22 Nov 2022 via Charge ID 100649518 with Yes Bank Limited was fully satisfied on 17 Jun 2025. was documented.

  • Charges

    Progress on A charge with Hdfc Bank Limited amounted to Rs. 0.90 Cr with Charge ID 101090403 was registered on 03 May 2025. was documented.

  • Charges

    A charge registered on 16 Feb 2015 via Charge ID 10551109 with Idbi Bank Limited was fully satisfied on 15 Jan 2025. was recorded as a recent event.

  • Charges

    The activity A charge registered on 05 Apr 2017 via Charge ID 100094055 with Others was fully satisfied on 13 Jan 2025. was completed.

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 20.00 Cr with Charge ID 101030800 was registered on 19 Dec 2024. was recorded as a recent event.

  • Charges

    Progress on A charge registered on 31 Dec 2021 via Charge ID 100544039 with Hdfc Bank Limited was fully satisfied on 07 Dec 2024. was documented.

Frequently Asked Questions

  • What is the CIN of Garg Acrylics Limited?

    The CIN of Garg Acrylics Limited is L74999DL1983PLC017001.

  • Where is Garg Acrylics Limited headquartered?

    Garg Acrylics Limited is headquartered at A- 50/1 Wazirpur Industrial Area, Delhi, Delhi, 110052.

  • When was Garg Acrylics Limited incorporated?

    Garg Acrylics Limited was incorporated on 22 November 1983.

  • Who are the current directors of Garg Acrylics Limited?

    The current directors of Garg Acrylics Limited are

  • What is the primary industry of Garg Acrylics Limited?

    The primary industry of Garg Acrylics Limited is Manufacturing.

  • Is Garg Acrylics Limited a listed company?

    Garg Acrylics Limited is listed.

  • What is the capital structure of Garg Acrylics Limited?

    The authorized capital of Garg Acrylics Limited is ₹31.20 Cr, and the paid-up capital is ₹10.63 Cr.

  • What is the compliance status of Garg Acrylics Limited?

    The compliance status of Garg Acrylics Limited is Compliant.

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