Garg Fine Products Private Limited
About Garg Fine Products Private Limited
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Garg Fine Products Private Limited was a private limited company based in Gidderbaha, Punjab, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 04 August 2009.
The company was registered with the Registrar of Companies (ROC), Chandigarh, under CIN U31109PB2009PTC033082. The company has 2 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It was led by directors Surinder Kumar Garg and Kamal Garg.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at Circular Road, Gidderbaha, Punjab, India – 152101.
As per the financials filed for FY 2019, the company reported a revenue of ₹10,000, a decline of 100% compared to the previous year. For the same year it recorded a net loss of ₹27,577 (net margin -275.8%) and EBITDA of ₹2,500 (EBITDA margin 25%). Revenue has declined at a compounded annual rate (CAGR) of 87% over three years.
As per MCA filings, the company had satisfied charges of ₹15 Lakh on record.
Company details
Contact details
Garg Fine Products Private Limited's registered office is in Gidderbaha, Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCircular Road, Gidderbaha, Punjab, India – 152101
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Garg Fine Products Private 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 Fine Products is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Garg Fine Products Private Limited, buy the company report.
Financials of Garg Fine Products Private Limited
FY 2020 filings availableGarg Fine Products Private Limited reported revenue of ₹10,000 (down 100% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 87% over three years. EBITDA fell 97% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA | ₹2,500 | ||||
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| Net Profit (PAT) | -₹27,577 | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | 25% | ||||
| Net Profit Margin | -275.8% | ||||
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To see the full financial statements and ratios of Garg Fine Products Private Limited, buy the company report.
Board of directors of Garg Fine Products Private Limited
Garg Fine Products has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Surinder Kumar Garg | Director | 04 Aug 2009 | 17 Years 3 Months | As last reported |
| Kamal Garg | Director | 04 Aug 2009 | 17 Years 3 Months | As last reported |
Auditor
Garg Fine Products Private Limited is audited by S. K. Assija & Co. for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. K. Assija & Co. | FY 2016 |
Shareholding
The shareholding of Garg Fine Products Private 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 Fine Products Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 09 Apr 2012 | 10350285 | State Bank of India | ₹15 Lakh | Satisfied |
To see the full charge records of Garg Fine Products Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Garg Fine Products Private 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 Fine Products Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Garg Fine Products has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Garg Fine Products Private Limited, buy the company report.
Recent activity
Garg Fine Products Private Limited has 2 board changes on record since 2009: 2 appointments. The latest: Kamal Garg was appointed as Director on 04 Aug 2009.
Frequently asked questions
Garg Fine Products has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Garg Fine Products was a private limited company based in Gidderbaha, Punjab, India. The company worked in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 04 August 2009 and is registered under CIN U31109PB2009PTC033082. The company has been struck off by the Registrar of Companies and is no longer operational.
Garg Fine Products had 2 directors:
- Surinder Kumar Garg - Director
- Kamal Garg - Director
The CIN (Corporate Identification Number) of Garg Fine Products is U31109PB2009PTC033082. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Garg Fine Products is at Circular Road, Gidderbaha, Punjab, India – 152101.
Garg Fine Products was incorporated on 04 August 2009. It is registered with the Registrar of Companies, Chandigarh.
The latest financial statements of Garg Fine Products on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. Garg Fine Products has 2 GST registrations on record and all of them are cancelled or inactive.
Garg Fine Products operated in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment. It worked in this industry before it was struck off.
Kamal Garg was appointed as Director on 04 Aug 2009. Surinder Kumar Garg was appointed as Director on 04 Aug 2009.
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