MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-05-0000735
Garg Casteels Private Limited - manufacturing in Sihor, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹8.29 Cr
▼ 36% YoY
Net profit · FY 2024
₹8.59 Lakh
Net margin 1%
EBITDA · FY 2024
₹2.26 Cr
EBITDA margin 27.2%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.63 Cr
Issued & subscribed
Open charges
₹55.14 Cr
Secured borrowings
Company age
35 yrs
Est. 1991
Employees · EPFO
1
Provident fund records
About Garg Casteels Private Limited
Data last updated:
Garg Casteels Private Limited is a private limited company based in Sihor, Gujarat, India. It operates in the die casting and metal forming segment of the manufacturing sector. It was incorporated on 05 September 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U27109GJ1991PTC016219. Its GSTIN is 24AAACG7839A1ZX (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.63 Cr. It was formerly known as Garg Casteels Limited. It is led by directors including Arunkumar Hansraj Jain (Managing Director) and Bineet Arun Jain (Whole-Time Director).
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 Survey No – 43/1.Village Vadia, Sihor – Ahmebadad Road, Gujarat, India – 364240.
As per the financials filed for FY 2024, the company reported a revenue of ₹8.29 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net profit of ₹8.59 Lakh (net margin 1%) and EBITDA of ₹2.26 Cr (EBITDA margin 27.2%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 32% over five years.
The company has about 1 employee on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹55.14 Cr on record. Court records list 21 cases involving the company, including 15 filed by the company and 6 filed against it; 2 cases are pending.
Garg Casteels Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-05-0000735). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gargcasteels.com.
Company details
CIN U27109GJ1991PTC016219
Registration Number 016219
Incorporation Date 05 September 1991
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-05-0000735
CIN history
Garg Casteels has one previous CIN (Corporate Identification Number): U27109GJ1991PLC016219. The current CIN is U27109GJ1991PTC016219, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U27109GJ1991PTC016219 | Current |
| U27109GJ1991PLC016219 | Previous |
Key People
Arunkumar Hansraj Jain Managing Director Bineet Arun Jain Whole-Time Director Mantresh Arunkumar Jain Director Recognitions & Rankings of Garg Casteels
Contact details
Garg Casteels Private Limited's registered office is in Sihor, Gujarat. Its website is gargcasteels.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressSurvey No – 43/1.Village Vadia, Sihor – Ahmebadad Road, Gujarat, India – 364240
- IndustryManufacturing, Die Casting & Metal Forming
To see the full contact details of Garg Casteels Private Limited, buy the company report.
Comprehensive company report
Garg Casteels 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 Garg Casteels is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Garg Casteels Private Limited, buy the company report.
Financials of Garg Casteels Private Limited
FY 2024 filings availableGarg Casteels Private Limited reported revenue of ₹8.29 Cr (down 36% YoY) for FY 2024.
Revenue · FY 2024
₹8.29 Cr ▼ 36%
Net profit · FY 2024
₹8.59 Lakh margin 1%
EBITDA · FY 2024
₹2.26 Cr margin 27.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 36%
3 years · compounded
▼ 7%
5 years · compounded
▼ 32%
EBITDA CAGR growth
1 year
▼ 2%
3 years · compounded
▼ 2%
5 years · compounded
▼ 4%
Revenue has declined at a compounded annual rate (CAGR) of 32% over five years, including a 36% fall in the latest year. EBITDA fell 2% 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹2.26 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8.59 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 27.2% | ||||
| Net Profit Margin | 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 Casteels Private Limited, buy the company report.
Board of directors of Garg Casteels Private Limited
Garg Casteels has 5 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mantresh Arunkumar Jain | Director | 01 Nov 2007 | 19 Years 0 Months | Current |
| Bineet Arun Jain | Whole-Time Director | 20 Aug 2001 | 25 Years 2 Months | Current |
| Arunkumar Hansraj Jain Also directs: Hans Ispat Alloys Pvt Limited | Managing Director | 05 Sep 1991 | 35 Years 2 Months | Current |
| Chanchalrani Arunkumar Jain Also directs: Hans Ispat Alloys Pvt Limited | Director | 01 Dec 2007 | 18 Years 11 Months | Current |
| Gajal Bineet Jain | Director | 01 Oct 2009 | 17 Years 1 Months | Current |
Peer comparison
Garg Casteels Private Limited is compared with the 5 companies closest to it by revenue in the Metals and Minerals industry (Die Casting, Steel), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| DSM Steel & Wires Private Limited | ₹8.32 Cr (FY 2025) | 13.0% | Kolkata, West Bengal, India | |||
| Rohit Super Forge Private Limited | ₹8.31 Cr (FY 2025) | 6.0% | Gaddapatharam, Telangana, India | |||
| Abhipriya Business (India) Private Limited | ₹8.29 Cr (FY 2025) | 19.0% | New Delhi, Delhi, India | |||
| Garg Casteels Private Limitedthis company | ₹8.29 Cr (FY 2024) | ₹8.59 Lakh | 1% | -36.0% | 1 | Sihor, Gujarat, India |
| Bright Deforms Private Limited | ₹8.28 Cr (FY 2025) | 24.0% | Sarani, Kol-700009, West Bengal, India | |||
| Bengal Quality Metal Products Private Limited | ₹8.25 Cr (FY 2025) | 183.0% | Howrah, West Bengal, India |
To see the full peer comparison of Garg Casteels Private Limited, buy the company report.
Auditor
Garg Casteels Private Limited is audited by K G A P & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K G A P & CO | FY 2023 | 156551W |
Shareholding
The shareholding of Garg Casteels 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 category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Garg Casteels Private Limited, buy the company report.
Charges & borrowings
Open charges
₹55.14 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Oct 2013 | 10460530 | Others | ₹15.32 Cr | Open | |
| 28 Oct 2013 | 10460299 | Others | ₹15.32 Cr | Open | |
| 13 Jun 2005 | 90096974 | Punjab National Bank | ₹10.5 Cr | Open | |
| 22 Jan 2004 | 90102321 | Punjab National Bank | ₹14 Cr | Open |
To see the full charge records of Garg Casteels Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Garg Casteels Private Limited has 21 court cases on record: 15 filed by Garg Casteels, 6 filed against it. 2 cases are pending and 19 are disposed.
Total cases
21
Filed by the company
15
Filed against the company
6
Pending
2
Disposed
19
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 15 | 5 | 2 |
| District courts | 6 | 1 | 0 |
Cases on record (5 of 21)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed by the company against Paschim Gujarat Vij Company Limited and 1 other | Pending |
| High Court, GUJARAT | Appeal | Filed by the company against The State Trading Corporation of India Ltd. and 1 other | Disposed |
| High Court, GUJARAT | Appeal | Filed against the company by State Trading Corporation of India Ltd. and 3 others | Disposed |
| High Court, GUJARAT | Court case (IAAP) | Filed by the company against STCL Ltd and 1 other | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against The State Trading Corporation of India Ltd. and 1 other | Disposed |
To see the full case history of Garg Casteels Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Garg Casteels Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Garg Casteels Private Limited has a workforce of 1 employees on its EPFO records as of Nov 2023, across 1 active EPFO establishment.
Employee count
1
Active EPFO establishments
1
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2023-24 | 1 |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Garg Casteels Private Limited, buy the company report.
GST
Garg Casteels has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACG7839A1ZX | Gujarat | Active | 01 Jul 2017 |
| 24AAACG7839A1D6 | Gujarat | Active | 11 Feb 2025 |
To see the full GST registrations and return filing status of Garg Casteels Private Limited, buy the company report.
Recent activity
Garg Casteels Private Limited has 5 board changes on record since 1991: 5 appointments. The latest: Gajal Bineet Jain was appointed as Director on 01 Oct 2009.
AGM
Garg Casteels Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Garg Casteels Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Charges
A charge with Others of Rs. 15.32 Cr registered on 30 Oct 2013 with Charge ID 10460530 was modified on 22 Dec 2021.
Charges
A charge with Others of Rs. 15.32 Cr registered on 28 Oct 2013 with Charge ID 10460299 was modified on 21 Dec 2021.
Charges
A charge with Others amounted to Rs. 15.32 Cr with Charge ID 10460530 was registered on 30 Oct 2013.
Charges
A charge with Others amounted to Rs. 15.32 Cr with Charge ID 10460299 was registered on 28 Oct 2013.
Charges
A charge with Punjab National Bank of Rs. 10.50 Cr registered on 13 Jun 2005 with Charge ID 90096974 was modified on 30 Jun 2011.
Appointed
Gajal Bineet Jain was appointed as Director.
Appointed
Chanchalrani Arunkumar Jain was appointed as Director.
Appointed
Mantresh Arunkumar Jain was appointed as Director.
Charges
A charge with Punjab National Bank of Rs. 14.00 Cr registered on 22 Jan 2004 with Charge ID 90102321 was modified on 13 Jul 2005.
Charges
A charge with Punjab National Bank amounted to Rs. 10.50 Cr with Charge ID 90096974 was registered on 13 Jun 2005.
4 earlier events are in the company report.
Frequently asked questions
Garg Casteels is an active private limited company based in Sihor, Gujarat, India. The company works in die casting and metal forming, within the manufacturing industry. It was incorporated on 05 September 1991 (35+ years old) and is registered under CIN U27109GJ1991PTC016219.
Garg Casteels has 5 current directors:
- Arunkumar Hansraj Jain - Managing Director
- Bineet Arun Jain - Whole-Time Director
- Mantresh Arunkumar Jain - Director
- Chanchalrani Arunkumar Jain - Director
- Gajal Bineet Jain - Director
The latest financial statements of Garg Casteels 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 Garg Casteels is 24AAACG7839A1ZX, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 24AAACG7839A1D6 (Gujarat).
The CIN (Corporate Identification Number) of Garg Casteels is U27109GJ1991PTC016219. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garg Casteels has 21 court cases on record: 15 filed by the company and 6 filed against it. 2 are pending. Most are in the high courts.
Garg Casteels was incorporated on 05 September 1991, making it 35+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Garg Casteels by revenue are DSM Steel & Wires Private Limited, Rohit Super Forge Private Limited, Abhipriya Business (India) Private Limited, Bright Deforms Private Limited, Bengal Quality Metal Products Private Limited, all in the Metals and Minerals industry (Die Casting, Steel), with the same principal business activity (metal and metal products).
Gajal Bineet Jain was appointed as Director on 01 Oct 2009. Chanchalrani Arunkumar Jain was appointed as Director on 01 Dec 2007. Mantresh Arunkumar Jain was appointed as Director on 01 Nov 2007. Garg Casteels has 5 board changes on record in total.
Yes, Garg Casteels is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-05-0000735).
Garg Casteels can be reached through the website gargcasteels.com. Its registered office is in Sihor, Gujarat, India.
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