Garg Agritech Limited
About Garg Agritech Limited
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Garg Agritech Limited is a public limited company based in Punjab, India. It operates in the agritech segment of the agriculture sector. It was incorporated on 28 October 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51900PB2004PLC027601. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹75 Lakh and a paid-up capital of ₹75 Lakh. It was formerly known as Rsg Seeds Limited. It is led by directors including Vijay Rani and Neha Garg.
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 146 Ngm Muktsar Teh & Distt Muktsar, Punjab, India.
As per the financials filed for FY 2017, the company reported a revenue of ₹2.58 Lakh. For the same year it recorded a net profit of ₹28,719 (net margin 11.1%) and EBITDA of -₹1.36 Lakh (EBITDA margin -52.6%).
As per MCA filings, the company has satisfied charges of ₹1.15 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN history
Garg Agritech has one previous CIN (Corporate Identification Number): U24210PB2004PLC027601. The current CIN is U51900PB2004PLC027601, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51900PB2004PLC027601 | Current |
| U24210PB2004PLC027601 | Previous |
Contact details
Garg Agritech Limited's registered office is in Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address146 Ngm Muktsar Teh & Distt Muktsar, Punjab, India
- IndustryAgriculture, AgriTech
To see the full contact details of Garg Agritech 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 Garg Agritech is agriculture, forestry, fishing. In detail, this covers support activities to agriculture and other activities including hunting.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| A | Agriculture, forestry, fishing | A4 | Support activities to agriculture and Other Activities including hunting |
To see the full business activity and turnover split of Garg Agritech Limited, buy the company report.
Financials of Garg Agritech Limited
FY 2024 filings availableGarg Agritech Limited reported revenue of ₹2.58 Lakh for FY 2017.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | |||
| Other Income | |||
| Total Revenue | ₹2.58 Lakh | ||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | -₹1.36 Lakh | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹28,719 | ||
| 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 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | -52.6% | ||
| Net Profit Margin | 11.1% | ||
| 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 Garg Agritech Limited, buy the company report.
Board of directors of Garg Agritech Limited
Garg Agritech has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijay Rani | Director | 26 Mar 2021 | 5 Years 7 Months | Current |
| Neha Garg | Director | 26 Mar 2021 | 5 Years 7 Months | Current |
| Varun Kumar Garg | Director | 28 Oct 2004 | 22 Years 0 Months | Current |
Auditor
Garg Agritech Limited is audited by ABHIMANYU JUNEJA AND ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABHIMANYU JUNEJA AND ASSOCIATES | FY 2017 | 519552 |
Shareholding
The shareholding of Garg Agritech Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Garg Agritech Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Apr 2010 | 10215019 | State Bank of India | ₹1.15 Cr | Satisfied |
To see the full charge records of Garg Agritech Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Garg Agritech 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 Garg Agritech Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Garg Agritech 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 Garg Agritech Limited, buy the company report.
Recent activity
Garg Agritech Limited has 6 board changes on record since 2004: 3 appointments and 3 cessations. The latest: Ankush Garg ceased to be Director on 26 Mar 2021.
Frequently asked questions
Garg Agritech is an active public limited company based in Punjab, India. The company works in agritech, within the agriculture industry. It was incorporated on 28 October 2004 (22+ years old) and is registered under CIN U51900PB2004PLC027601.
Garg Agritech has 3 current directors:
- Vijay Rani - Director
- Neha Garg - Director
- Varun Kumar Garg - Director
The latest financial statements of Garg Agritech 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.
No. Garg Agritech has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Garg Agritech is U51900PB2004PLC027601. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garg Agritech was incorporated on 28 October 2004, making it 22+ years old. It is registered with the Registrar of Companies, Chandigarh.
Ankush Garg ceased to be Director on 26 Mar 2021. Avnish Garg ceased to be Director on 26 Mar 2021. Neha Garg was appointed as Director on 26 Mar 2021. Garg Agritech has 6 board changes on record in total.
The registered office of Garg Agritech is at 146 Ngm Muktsar Teh & Distt Muktsar, Punjab, India.
Garg Agritech operates in the agriculture industry, in the agritech segment.
Garg Agritech has no open charges and satisfied charges of ₹1.15 Cr as per latest MCA filings.
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