Garg Overseas Private Limited
About Garg Overseas Private Limited
Data last updated:
Garg Overseas Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 27 April 1998.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U28112DL1998PTC093433. The company has 1 GST registration on record, which is no longer active.
The company had an authorised share capital of ₹30 Lakh and a paid-up capital of ₹18.94 Lakh.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office was at B – 301 Nagarjun Appartments Mayur Vihar Phase I, New Delhi, Delhi, India – 110096.
As per the financials filed for FY 2016, the company reported a revenue of ₹2 Cr. For the same year it recorded a net profit of ₹1.32 Cr (net margin 66%) and EBITDA of ₹1.68 Cr (EBITDA margin 84.1%).
The company has about 3 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹22.26 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it; 1 case is pending.
Company details
Contact details
Garg Overseas Private Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB – 301 Nagarjun Appartments Mayur Vihar Phase I, New Delhi, Delhi, India – 110096
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Garg Overseas 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 Overseas 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 Overseas Private Limited, buy the company report.
Financials of Garg Overseas Private Limited
FY 2016 filings availableGarg Overseas Private Limited reported revenue of ₹2 Cr for FY 2016.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ||
| Other Income | ||
| Total Revenue | ₹2 Cr | |
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | ₹1.68 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | ₹1.32 Cr | |
| 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 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 84.1% | |
| Net Profit Margin | 66% | |
| 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 Overseas Private Limited, buy the company report.
Board of directors of Garg Overseas Private Limited
Garg Overseas has 4 former directors on record and no current directors listed.
Auditor
Garg Overseas Private Limited is audited by SHALINI & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SHALINI & ASSOCIATES | FY 2016 | 005685C |
Shareholding
The shareholding of Garg Overseas Private Limited is on record for 2 financial years, the latest being FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 | FY 2015 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Garg Overseas Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jun 2006 | 10008297 | Icici Bank Limited | ₹22 Cr | Satisfied | |
| 29 Oct 2005 | 90333051 | Canara Bank | ₹26 Lakh | Satisfied |
To see the full charge records of Garg Overseas Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Garg Overseas Private Limited has 4 court cases on record: 3 filed by Garg Overseas, 1 filed against it. 1 case is pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 1 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed by the company against Iol Broadband Ltd. | Pending |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Complaint Cases) | Filed by the company against Iol Broadband Ltd. | Disposed |
| District court, Gautam Buddha Nagar, Uttar Pradesh | Revision petition | Filed against the company by an individual | Disposed |
To see the full case history of Garg Overseas 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 Overseas Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Garg Overseas 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 Overseas Private Limited, buy the company report.
Recent activity
Garg Overseas Private Limited has 4 board changes on record since 2016: 0 appointments and 4 cessations. The latest: Shivani Khetan ceased to be Director on 25 Oct 2016.
Frequently asked questions
Garg Overseas has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Garg Overseas was a private limited company based in New Delhi, Delhi, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 27 April 1998 and is registered under CIN U28112DL1998PTC093433. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Garg Overseas is U28112DL1998PTC093433. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garg Overseas was incorporated on 27 April 1998. It is registered with the Registrar of Companies, Delhi.
The registered office of Garg Overseas is at B – 301 Nagarjun Appartments Mayur Vihar Phase I, New Delhi, Delhi, India – 110096.
The latest financial statements of Garg Overseas on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
No. Garg Overseas has 1 GST registration on record and it is cancelled or inactive.
Garg Overseas operated in the manufacturing industry, in the textile and fabric production segment.
Garg Overseas has 4 court cases on record: 3 filed by the company and 1 filed against it. 1 is pending.
Shivani Khetan ceased to be Director on 25 Oct 2016. Vinay Khetan ceased to be Director on 25 Oct 2016. Laxmi Narayan Khetan ceased to be Director on 10 Aug 2016. Garg Overseas has 4 board changes on record in total.