Garg Furnace Limited - Company Profile

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

The current directors of Garg Furnace Limited are Shruti Gupta, Vaneera Garg, Devinder Garg, Supreena Tagra, Toshak Garg, Amandeep Kaur, Gurmeet Singh Battu, Mehak Jain.

It is a metals and minerals public limited company based in Ludhiana, Punjab, India, established in 1973.

1973 Ludhiana, Punjab, India Active

Last Updated: January 04, 2026

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About Garg Furnace Limited

Garg Furnace Limited, a active public limited company, was established on 27 December 1973 in Ludhiana, Punjab, India. Engaging in steel manufacturing & processing within the manufacturing sector, it holds CIN: L99999PB1973PLC003385. Registered under ROC Roc Chandigarh. it is listed on BSE: 530615. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹6.81 Cr.

Formerly known as Garg Furnace Private Limited. It upholds a compliant status. In 2023, it reported revenue of ₹238.45 Cr and a net worth of ₹20.70 Cr. Employing 7 professional, Its leadership includes Shruti Gupta (Director), Vaneera Garg (Whole-Time Director), Devinder Garg (Managing Director). Past directors included Shruti Gupta, Pawan Kumar, Stevon Soni. It holds ₹15.00 Cr open charges and ₹517.21 Cr settled loans. Its latest AGM occurred on 15 September 2025, with the balance sheet filed on 31 March 2025. It is based at Kanganwal Roadvpo Jugiana G T Road, Ludhiana, Punjab, 141120.

Company Details

CIN/LLPIN
L99999PB1973PLC003385
Registration Number
003385
Incorporation Date
27 December 1973
Authorized Capital
₹10.00 Cr
Paid-Up Capital
₹6.81 Cr
ROC Code
Roc Chandigarh
Listing Status
Listed (BSE: 530615)
Company Status
Active

Key Metrics

Authorised Capital ₹ 10.00 Cr as on 04-01-2026
Paid Up Capital ₹ 6.81 Cr as on 04-01-2026
Company Age 52 Year, 2 Months
Last Filing with ROC 31 Mar 2025
Open Charges ₹ 15.00 Cr as on 04-01-2026
Satisfied Charges ₹ 517.21 Cr as on 04-01-2026
Revenue Growth **** 33.20% (FY 2023)
Profit Growth **** -6.06% (FY 2023)
Ebitda **** -2.10% (FY 2023)
Net Worth 40.49% (FY 2023)
Total Assets **** 17.94% (FY 2023)

Comprehensive Company Insights

Explore comprehensive insights into Garg Furnace 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 Furnace Limited?

Current Directors

Name	Designation	Appointment Date	Status
Shruti Gupta	Director	23 Jul 2024	Current
Vaneera Garg	Whole-Time Director	14 Nov 2015	Current
Devinder Garg	Managing Director	01 Aug 2015	Current
Toshak Garg	Managing Director	14 Aug 2023	Current
Amandeep Kaur	Director	01 Apr 2023	Current
Mehak Jain	Director	14 Aug 2025	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Additional Director	29 Sep 2024	Past
Pramod Abcsdd	Director	15 Nov 2019	Past
Pramod Abcsdd	Director	25 Aug 2014	Past
Pramod Abcsdd	Additional Director	30 Sep 2016	Past
Pramod Abcsdd	Additional Director	21 Dec 2023	Past
Pramod Abcsdd	Managing Director	01 Aug 2019	Past

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Financial Performance of Garg Furnace.

Garg Furnace Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 33.2% increase. The company also saw a slight decrease in profitability, with a 6.06% decrease in profit. The company's net worth Soared by an impressive increase of 40.49%.

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

********

33.20%

*******

Revenue from Operations

*******

33.40%

*******

Total Assets

*******

17.94%

*******

Profit or Loss

*******

-6.06%

*******

Net Worth

*******

40.49%

*******

EBITDA

*******

-2.10%

*******

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What is the Ownership and Shareholding Structure of Garg Furnace?

In 2022, Garg Furnace had a promoter holding of 64.23% and a public holding of 35.75%. 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

₹150,000,000.00

Satisfied Charges

₹5,172,083,904.16

Charges Breakdown by Lending Institutions

Hdb Financial Services Limited : 15.00 Cr

Latest Charge Details

Date	Lender	Amount	Status
28 Nov 2025	Hdb Financial Services Limited	₹15.00 Cr	Open
01 Aug 2015	Indian Bank	₹3.50 Cr	Satisfied
22 Aug 2013	Indian Bank	₹2.90 Cr	Satisfied
06 Mar 2013	Indian Bank	₹5.00 Cr	Satisfied
11 Feb 2013	Indian Bank	₹69.43 Cr	Satisfied

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How Many Employees Work at Garg Furnace?

Garg Furnace has a workforce of 7 employees as of Mar 29, 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 Furnace, 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 Furnace's trajectory.

Rating

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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 Furnace

Recent Activity within the Organization

Charges

Progress on A charge with Hdb Financial Services Limited amounted to Rs. 15.00 Cr with Charge ID 101206857 was registered on 28 Nov 2025. was documented.
28 Nov 2025
Annual General Meeting

Progress on Garg Furnace Limited last Annual general meeting of members was held on 15 Sep 2025 as per latest MCA records. was documented.
15 Sep 2025
Director Appointment

Mehak Jain was appointed as a Director was appointed as a Director on 14 Aug 2025 & has been associated with this company since 6 months 20 days . was recorded as a recent event.
14 Aug 2025
Balance Sheet

The activity Garg Furnace Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh. was completed.
31 Mar 2025
Director Appointment

Shruti Gupta was appointed as a Director was appointed as a Director on 23 Jul 2024 & has been associated with this company since 1 year 7 months . was recorded as a recent event.
23 Jul 2024
Director Appointment

Progress on Toshak Garg was appointed as a Managing Director was appointed as a Managing Director on 14 Aug 2023 & has been associated with this company since 2 years 6 months . was documented.
14 Aug 2023

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