Garg Acrylics Limited - Company Profile

Q: Where is Garg Acrylics Limited headquartered?

Garg Acrylics Limited is headquartered at A- 501 Wazirpur Industrial Area, Delhi, Delhi, 110052.

Q: Who are the current directors of Garg Acrylics Limited?

The current directors of Garg Acrylics Limited are Misha Nayar, Avnish Dhingra, Ujjwal Garg, Sanjay Sahni, Rajiv Garg, Ramandeep Singh, Priya Rani, Sanjiv Garg.

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

1983 Delhi, Delhi, India Active

Last Updated: December 24, 2025

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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 ₹664.24 Cr open charges and ₹1,670.39 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. 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 Metrics

Authorised Capital ₹ 31.20 Cr as on 24-12-2025
Paid Up Capital ₹ 10.63 Cr as on 24-12-2025
Company Age 42 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 664.24 Cr as on 24-12-2025
Satisfied Charges ₹ 1,670.39 Cr as on 24-12-2025
Revenue Growth **** -17.49% (FY 2023)
Profit Growth **** -88.75% (FY 2023)
Ebitda **** -71.61% (FY 2023)
Net Worth 3.85% (FY 2023)
Total Assets -9.93% (FY 2023)

Comprehensive Company Insights

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

Name	Designation	Appointment Date	Status
Misha Nayar	Director	22 Mar 2021	Current
Avnish Dhingra	Director	22 Mar 2021	Current
Ujjwal Garg	Whole-Time Director	01 Apr 2006	Current
Sanjay Sahni	Director	22 Mar 2021	Current
Rajiv Garg	Managing Director	28 Sep 1994	Current
Sanjiv Garg	Managing Director	01 Aug 2010	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	20 Mar 2014	Past
Pramod Abcsdd	Director	31 Mar 2008	Past
Pramod Abcsdd	Additional Director	28 Sep 2021	Past
Pramod Abcsdd	Additional Director	28 Sep 2021	Past
Pramod Abcsdd	Director	31 Jul 2010	Past
Pramod Abcsdd	Additional Director	28 Sep 2021	Past

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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%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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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%

*******

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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 Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹6,642,428,372.00

Satisfied Charges

₹16,703,864,534.00

Charges Breakdown by Lending Institutions

Others : 550.60 Cr
Hdfc Bank Limited : 53.64 Cr
Punjab National Bank : 40.00 Cr
Yes Bank Limited : 20.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
03 May 2025	Hdfc Bank Limited	₹9.00 M	Open
19 Dec 2024	Yes Bank Limited	₹20.00 Cr	Open
22 Mar 2024	Hdfc Bank Limited	₹1.70 M	Open
22 Jan 2024	Hdfc Bank Limited	₹2.49 Cr	Open
13 Dec 2023	Hdfc Bank Limited	₹50.00 Cr	Open

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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 Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

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

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.

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Latest Updates, News, and FAQs on Garg Acrylics

Recent Activity within the Organization

Charges

Progress on A charge registered on 27 Jul 2022 via Charge ID 100601469 with Hdfc Bank Limited was fully satisfied on 08 Nov 2025. was documented.
08 Nov 2025
Charges

The activity A charge registered on 09 Jun 2022 via Charge ID 100588450 with Hdfc Bank Limited was fully satisfied on 15 Oct 2025. was completed.
15 Oct 2025
Annual General Meeting

The activity Garg Acrylics Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was completed.
29 Sep 2025
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.
17 Jun 2025
Charges

A charge with Hdfc Bank Limited amounted to Rs. 0.90 Cr with Charge ID 101090403 was registered on 03 May 2025. was recorded as a recent event.
03 May 2025
Balance Sheet

The activity Garg Acrylics Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi. was completed.
31 Mar 2025

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