Garg Petroleum Private Limited
About Garg Petroleum Private Limited
Data last updated:
Garg Petroleum Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 22 January 1996.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U23203DL1996PTC075653.
The company had an authorised share capital of ₹50 Lakh and a paid-up capital of ₹28.8 Lakh. It was led by directors Manoj Kumar Bansal and Sandesh Gupta.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office was at 211 New Delhi House 27 Barakhamba Road, Delhi, India – 110001.
As per the financials filed for FY 2019, the company reported a revenue of ₹12.46 Lakh, a decline of 76% compared to the previous year. For the same year it recorded a net profit of ₹55.49 Lakh (net margin 445.4%) and EBITDA of ₹56.11 Lakh (EBITDA margin 450.4%). Revenue has declined at a compounded annual rate (CAGR) of 38% over three years.
Company details
Contact details
Garg Petroleum Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address211 New Delhi House 27 Barakhamba Road, Delhi, India – 110001
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Garg Petroleum 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
Financials of Garg Petroleum Private Limited
FY 2019 filings availableGarg Petroleum Private Limited reported revenue of ₹12.46 Lakh (down 76% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 38% over three years, including a 76% fall in the latest year. EBITDA rose 174% 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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| Total Expenses | |||||
| EBITDA | ₹56.11 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹55.49 Lakh | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 450.4% | ||||
| Net Profit Margin | 445.4% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
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To see the full financial statements and ratios of Garg Petroleum Private Limited, buy the company report.
Board of directors of Garg Petroleum Private Limited
Garg Petroleum has 2 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manoj Kumar Bansal Also directs: Kotia Developers LLP, Shri Vinayaka Expo Plaza LLP, Knowledgesquare Realtech LLP and 5 more | Director | 22 Jul 2003 | 23 Years 3 Months | As last reported |
| Sandesh Gupta Also directs: Peristyle Securiteis and Finance Private Limited | Director | 17 Jul 2001 | 25 Years 3 Months | As last reported |
Peer comparison
Garg Petroleum Private Limited is compared with the 6 companies closest to it by revenue in the Consumer Products industry (Petroleum, Textile Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Saharia Elastics Private Limited | ₹12.51 Lakh (FY 2025) | 12.0% | Gujarat, India | |||
| Adinath Traders Pvt Ltd | ₹12.51 Lakh (FY 2019) | -87.0% | Ludhiana, Punjab, India | |||
| Neildoria Trade Impex Private Limited | ₹12.46 Lakh (FY 2023) | -42.0% | Kolkata, West Bengal, India | |||
| Garg Petroleum Private Limitedthis company | ₹12.46 Lakh (FY 2019) | ₹55.49 Lakh | 445.4% | -76.0% | New Delhi, Delhi, India | |
| Ventures Designer Exports Private Limited | ₹12.43 Lakh (FY 2024) | 235.0% | Kolkata, West Bengal, India | |||
| Panacea Tie-Up Private Limited | ₹12.42 Lakh (FY 2025) | -18.0% | Kolkata, West Bengal, India | |||
| Speedshore Trading Company Private Limited | ₹12.42 Lakh (FY 2025) | -33.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Garg Petroleum Private Limited, buy the company report.
Auditor
Garg Petroleum Private Limited is audited by BANSAL BAJAJ & ASSOCIATES for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| BANSAL BAJAJ & ASSOCIATES | FY 2018 | 023672N |
Shareholding
The shareholding of Garg Petroleum Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Garg Petroleum Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Garg Petroleum 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 Petroleum Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Garg Petroleum has 3 associated companies. This group structure data is as of FY 2018. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Garg Petroleum Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Garg Petroleum Private Limited has 2 board changes on record since 2001: 2 appointments. The latest: Manoj Kumar Bansal was appointed as Director on 22 Jul 2003.
Frequently asked questions
Garg Petroleum has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Garg Petroleum was a private limited company based in New Delhi, Delhi, India. The company worked in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 22 January 1996 and is registered under CIN U23203DL1996PTC075653. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Garg Petroleum was incorporated on 22 January 1996. It is registered with the Registrar of Companies, Delhi.
Garg Petroleum had 2 directors:
- Manoj Kumar Bansal - Director
- Sandesh Gupta - Director
The CIN (Corporate Identification Number) of Garg Petroleum is U23203DL1996PTC075653. 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 Petroleum is at 211 New Delhi House 27 Barakhamba Road, Delhi, India – 110001.
The latest financial statements of Garg Petroleum on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
Garg Petroleum operated in the home and lifestyle industry, in the textile retail and distribution segment.
The peers of Garg Petroleum by revenue are Saharia Elastics Private Limited, Adinath Traders Pvt Ltd, Neildoria Trade Impex Private Limited, Ventures Designer Exports Private Limited, Panacea Tie-Up Private Limited and 1 more, all in the Consumer Products industry (Petroleum, Textile Retail and Distribution), with the same principal business activity (wholesale trading).
Manoj Kumar Bansal was appointed as Director on 22 Jul 2003. Sandesh Gupta was appointed as Director on 17 Jul 2001.
The compliance status of Garg Petroleum is compliant as of 12 July 2026.
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