Garg Polyspin Private Limited

Garg Polyspin Private Limited - business services in New Delhi, Delhi, India. FY 2026 financials & compliance.
CIN U17115DL1990PTC042209 Incorporated 28 November 1990 ROC Delhi HQ New Delhi, Delhi, India
Active Private Limited Company business services
Data last updated
Revenue · FY 2024
₹2.94 Cr
▲ 2% YoY
Net loss · FY 2024
₹13.24 Lakh
Net margin -4.5%
EBITDA · FY 2024
-₹3.98 Lakh
EBITDA margin -1.4%
Authorised capital
₹1.2 Cr
Registered with MCA
Paid-up capital
₹13.37 Lakh
Issued & subscribed
Open charges
₹79 Lakh
Satisfied ₹103.9 Cr
Company age
36 yrs
Est. 1990
Employees · EPFO
21
Provident fund records

About Garg Polyspin Private Limited

Data last updated:

Garg Polyspin Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the business support services segment of the business services sector. It was incorporated on 28 November 1990 and has been in existence for over 36 years.

The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U17115DL1990PTC042209. Its GSTIN is 06AAACG0330N1ZW (Haryana). The company holds 2 GST registrations, of which 1 is active.

The company has an authorised share capital of ₹1.2 Cr and a paid-up capital of ₹13.37 Lakh. It was formerly known as Garg Polyspin Ltd. It is led by directors Nand Kishore Aggarwal and Amit Aggarwal.

Its last annual general meeting (AGM) was held on 26 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at H – 56 Udyog Nagar Main Rohtak Road, New Delhi, Delhi, India – 110041.

As per the financials filed for FY 2024, the company reported a revenue of ₹2.94 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net loss of ₹13.24 Lakh (net margin -4.5%) and EBITDA of -₹3.98 Lakh (EBITDA margin -1.4%). Revenue has grown at a compounded annual rate (CAGR) of 18% over three years and 25% over five years.

The company has about 21 employees on its provident fund (EPFO) records.

As per MCA filings, the company has open charges of ₹79 Lakh and satisfied charges of ₹103.9 Cr on record. Court records list 1 case involving the company, including 1 filed by the company; 1 case is pending.

The current compliance status is marked as compliant by the Registrar of Companies.

Company Details of Garg Polyspin Private Limited
CIN U17115DL1990PTC042209
Registration Number 042209
Incorporation Date 28 November 1990
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 26 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    H – 56 Udyog Nagar Main Rohtak Road, New Delhi, Delhi, India – 110041
  • Industry
    Business Services, Business Support Services
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Financials, compliance, directors, charges, ownership and filings for Garg Polyspin Private Limited in one report.

Financials from 2015 Directors & ownership Charges & compliance

Business Activity of Garg Polyspin Private Limited

The main business activity of Garg Polyspin is transport and storage. In detail, this covers warehousing and storage.

Main Activity Group CodeDescription of Main ActivityBusiness Activity CodeDescription of Business ActivityTurnover Percentage
HTransport and storageH6Warehousing and storageLocked
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Business activity turnover details

Turnover share and past changes in activity are in the company report.

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Financials of Garg Polyspin Private Limited FY 2024 filings available

Garg Polyspin Private Limited reported revenue of ₹2.94 Cr (up 2% YoY) for FY 2024.

Revenue · FY 2024
₹2.94 Cr ▲ 2%
Net loss · FY 2024
₹13.24 Lakh margin -4.5%
EBITDA · FY 2024
-₹3.98 Lakh margin -1.4%

Compounded Annual Growth Rate (CAGR) of Garg Polyspin Private Limited

Revenue CAGR growth
1 year
▲ 2%
3 years · compounded
▲ 18%
5 years · compounded
▲ 25%
EBITDA CAGR growth
1 year
▼ 102%
3 years · compounded
▼ 27%
5 years · compounded
▼ 16%

Revenue has grown at a compounded annual rate (CAGR) of 25% over five years, including 2% growth in the latest year. EBITDA fell 102% 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 of Garg Polyspin Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profit and Loss Statement
Revenue from Operations••••••••••••••••••••
Other Income••••••••••••••••••••
Total Revenue••••••••••••••••••••
Cost of Materials Consumed••••••••••••••••••••
Employee Benefit Expense••••••••••••••••••••
Finance Costs••••••••••••••••••••
Depreciation and Amortisation••••••••••••••••••••
Other Expenses••••••••••••••••••••
Total Expenses••••••••••••••••••••
EBITDA-₹3.98 Lakh••••••••••••••••
Profit Before Tax••••••••••••••••••••
Tax Expense••••••••••••••••••••
Net Profit (PAT)-₹13.24 Lakh••••••••••••••••
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 of Garg Polyspin Private Limited

MetricsFY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-1.4%••••••••••••••••
Net Profit Margin-4.5%••••••••••••••••
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••••••••••••••••••••

Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Garg Polyspin are in the company report.

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Financial statements from 2015

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Peer Comparison of Garg Polyspin Private Limited

Garg Polyspin Private Limited is compared with the companies closest to it by revenue in the Business Services industry (Business Auxiliary Services). Net profit, margin and employee counts of each company are in the company report.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Mayoral Moda Infantil India Private Limited₹2.97 Cr (FY 2025)••••••••3.0%••••Mumbai, Maharashtra, India
Enrika Trades and Services Private Limited₹2.96 Cr (FY 2025)••••••••-80.0%••••Mumbai, Maharashtra, India
Minica Services Private Limited₹2.96 Cr (FY 2024)••••••••-31.0%••••Chennai, Tamil Nadu, India
Dan Sports and Apparel Private Limited₹2.95 Cr (FY 2024)••••••••-8.0%••••Mumbai, Maharashtra, India
PV Compu Patterns Private Limited₹2.95 Cr (FY 2024)••••••••3.0%••••Hyderabad, Telangana, India
Garg Polyspin Private Limited this company₹2.94 Cr (FY 2024)••••••••2.0%••••New Delhi, Delhi, India
Fermentras India Private Limited₹2.91 Cr (FY 2025)••••••••96.0%••••New Delhi, Delhi, India
Regus Business Centre Private Limited₹2.91 Cr (FY 2025)••••••••0.0%••••Mumbai, Maharashtra, India
Itnt Foundation₹2.9 Cr (FY 2024)••••••••596.0%••••Chennai, Tamil Nadu, India
Dharti Commercial Trading Private Limited₹2.9 Cr (FY 2025)••••••••-55.0%••••Navi Mumbai, Maharashtra, India
Streamline Business India Private Limited₹2.9 Cr (FY 2024)••••••••-8.0%••••Haryana, India

Peers are the five companies nearest above and the five nearest below Garg Polyspin by revenue in the Business Services industry (Business Auxiliary Services), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.

Auditor Details of Garg Polyspin Private Limited

Garg Polyspin Private Limited is audited by BRIJENDRA & CO for the financial year 2020.

NameStatusAppointment DateCessation Date
BRIJENDRA & COLockedLockedLocked
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Board of Directors of Garg Polyspin Private Limited

Garg Polyspin has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Nand Kishore AggarwalDirector28 Aug 199630 Years 1 MonthsCurrent
Amit AggarwalAdditional Director05 Nov 20241 Years 11 MonthsCurrent

Ownership and Shareholding of Garg Polyspin Private Limited

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Charges & Borrowings of Garg Polyspin Private Limited

Open charges
₹79 Lakh
Satisfied charges
₹103.9 Cr
Breakdown by lending institutions
Syndicate Bank₹0.79 Cr
Latest charge details
DateLenderAmountStatus
22 Apr 1994Syndicate Bank₹79 LakhOpen
13 Sep 2014State Bank of Bikaner & Jaipur₹65.3 CrSatisfied
25 Apr 2013State Bank of Bikaner & Jaipur₹24 CrSatisfied
05 Mar 2001State Bank of Bikaner & Jaipur₹7.3 CrSatisfied
13 Sep 2000State Bank of Bikaner & Jaipur₹7.3 CrSatisfied

Total charge records: 5 View all charges

Employees and EPFO Compliance at Garg Polyspin Private Limited

Garg Polyspin Private Limited has a workforce of 21 employees as of Apr 05, 2024.

Employee count
21
Active EPFO establishments
1
Employee growth
90.91%
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Employee and EPFO history

Monthly headcount, contribution history and filing status are in the company report.

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CIN History of Garg Polyspin Private Limited

Garg Polyspin has one previous CIN (Corporate Identification Number): U17115DL1990PLC042209. The current CIN is U17115DL1990PTC042209, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
U17115DL1990PTC042209Current
U17115DL1990PLC042209Previous

Recent Activity on Garg Polyspin Private Limited

Garg Polyspin Private Limited has 7 board changes on record since 1996: 2 appointments and 5 cessations. The latest: Amit Aggarwal was appointed as Additional Director on 05 Nov 2024.

Appointed
Amit Aggarwal was appointed as Additional Director.
Ceased
Arush Gupta ceased to be Additional Director.
AGM
Garg Polyspin Private Limited last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
Ceased
Subodh Gupta ceased to be Director.
Filing
Garg Polyspin Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi Ii.
Charges
A charge registered on 13 Sep 2014 via Charge ID 10572663 with State Bank Of Bikaner & Jaipur was fully satisfied on 14 Oct 2022.
Charges
A charge registered on 25 Apr 2013 via Charge ID 10426366 with State Bank Of Bikaner & Jaipur was fully satisfied on 14 Oct 2022.
Ceased
Amit Aggarwal ceased to be Director.
Ceased
Om Prakash Gupta ceased to be Director.
Charges
A charge with State Bank Of Bikaner & Jaipur of Rs. 65.30 Cr registered on 13 Sep 2014 with Charge ID 10572663 was modified on 17 Jun 2015.
Ceased
Ajay Kumar Aggarwal ceased to be Director.
Charges
A charge with State Bank Of Bikaner & Jaipur amounted to Rs. 65.30 Cr with Charge ID 10572663 was registered on 13 Sep 2014.

8 earlier events are listed in the company report.

Credit Ratings, Litigation & Regulatory Alerts for Garg Polyspin Private Limited

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MSME Payment Delays by Garg Polyspin Private Limited

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Subsidiaries & Group Companies of Garg Polyspin Private Limited

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GST Compliance of Garg Polyspin Private Limited

Garg Polyspin has 2 GST registrations: 1 active and 1 cancelled or inactive.

Total GSTINs
2
Active
1
Cancelled / inactive
1
GSTINStateStatusRegistered on
06AAACG0330N1ZWHaryanaActive01 Jul 2017
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GST registrations and filing compliance

State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.

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MCA Filings & Documents of Garg Polyspin Private Limited

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Frequently Asked Questions about Garg Polyspin Private Limited

Garg Polyspin is an active private limited company based in New Delhi, Delhi, India. The company works in business support services, within the business services industry. It was incorporated on 28 November 1990 (36+ years old) and is registered under CIN U17115DL1990PTC042209.

Garg Polyspin reported revenue of ₹2.94 Cr for FY 2024 (up 2% YoY).

Garg Polyspin has 2 current directors:

Garg Polyspin reported a net loss of ₹13.24 Lakh (net margin -4.5%) and EBITDA of -₹3.98 Lakh (EBITDA margin -1.4%) for FY 2024, as per its filed financial statements.

The compounded annual growth rate (CAGR) of the revenue of Garg Polyspin is 18% over three years and 25% over five years. In the latest year (FY 2024) revenue rose 2%. CAGR is the steady yearly rate that links the first and the last year.

The GSTIN of Garg Polyspin is 06AAACG0330N1ZW, registered in Haryana. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.

The CIN (Corporate Identification Number) of Garg Polyspin is U17115DL1990PTC042209. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Garg Polyspin has 1 court case on record: 1 filed by the company. 1 is pending.

Garg Polyspin was incorporated on 28 November 1990, making it 36+ years old. It is registered with the Registrar of Companies, Delhi.

The peers of Garg Polyspin by revenue are Mayoral Moda Infantil India Private Limited, Enrika Trades and Services Private Limited, Minica Services Private Limited, Dan Sports and Apparel Private Limited, PV Compu Patterns Private Limited and 5 more, all in the Business Services industry (Business Auxiliary Services).

Amit Aggarwal was appointed as Additional Director on 05 Nov 2024. Arush Gupta ceased to be Additional Director on 04 Nov 2024. Subodh Gupta ceased to be Director on 09 Apr 2024. Garg Polyspin has 7 board changes on record in total.

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