About
Basic Data Updated:
30 days agoGarg Furnace Ltd is a company that specializes in the production of various types of steel products, including alloy, non alloy, and stainless steel. The company is divided into 5 major divisions, each with its own unique focus. These divisions include the casting division, which produces alloy, non alloy, and stainless steel castings ranging from 1 kg to 16,000 kgs in weight. Additionally, there is the drawing division, which manufactures CO2 welding wires and MAG welding wires. The rolling wires division produces round and square bars, while the furnace division is responsible for steel billets and ingots. Lastly, the scaffolding division produces a variety of scaffolding items such as bottom cups, clamps, couplers, ledger blades, jack nuts, thread bars, and top cups.
Industry
Company Details
- Location
Ludhiana, Punjab, India
- Website12224421
- Telephone12224421
- Email Address12224421
- Social Media12224421
| CIN/LLPIN/FCRN | L99999PB1973PLC003385 |
| Company No. | 003385 |
| Stock Symbol | BSE : 530615 |
| Company Classification | Public Limited Indian Non-Government Company |
| Incorporation Date | 27 Dec 1973 |
| Date of AGM | 22 Dec 2023 |
| Date of Balance Sheet | 31 Mar 2023 |
| Listing Status | Listed |
| ROC Code | Roc Chandigarh |
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Financials of Garg Furnace Limited
Garg Furnace Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 49.69% increase. The company also saw a substantial improvement in profitability, with a 234.38% increase in profit. The company's net worth Soared by an impressive increase of 73.78%.
Corporate Structure
Unlock access to Garg Furnace's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
People in Garg Furnace Limited
Unlock and access historical data on people associated with Garg Furnace, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.
Executive Team (4)
Toshak Garg
Managing DirectorAppointment Date: 14-Aug-2023
Status: Current
ST
Supreena Tagra Company SecretaryAppointment Date: 15-Jul-2022
Status: Current
GB
Gurmeet Battu CFOAppointment Date: 25-Jan-2016
Status: Current
DG
Devinder Garg Managing DirectorAppointment Date: 19-Jan-1988
Status: Current
Board Members(4)
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Indian Bank Creation Date: 01 Aug 2015 | ₹3.50 Cr | Satisfied |
Indian Bank Creation Date: 22 Aug 2013 | ₹2.90 Cr | Satisfied |
Indian Bank Creation Date: 06 Mar 2013 | ₹5.00 Cr | Satisfied |
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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Alert
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Active
14 years 4 months Purti Katyal and Amandeep Kaur are mutual person
Recent activity within the organization
Annual General Meeting
Garg Furnace Limited last Annual general meeting of members was held on 22 Dec 2023 as per latest MCA records.
22 Dec 2023Director Appointment
Jyoti Batra was appointed as a Director was appointed as a Director on 27 Apr 2023 & has been associated with this company since 1 year 1 month .
27 Apr 2023Balance Sheet
Garg Furnace Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.
31 Mar 2023Director Appointment
Supreena Tagra was appointed as a Company Secretary was appointed as a Company Secretary on 15 Jul 2022 & has been associated with this company since 1 year 10 months .
15 Jul 2022Charges
A charge registered on 01 Aug 2015 via Charge ID 10590900 with Indian Bank was fully satisfied on 01 Jan 2020.
01 Jan 2020
Recent News, Updates & Announcement
Garg Acrylics LMW successful partnership.Textile Magazine 26 Feb 2019
- Garg Furnace Quaterly Results.
Finalaya 17 Nov 2017
Frequently asked questions
What is the Incorporation or founding date of Garg Furnace Limited?
