Garg Ship Breaking Private Limited

Garg Ship Breaking Private Limited - metals and minerals in Bhavnagar, Gujarat, India. FY 2026 financials and compliance.
CIN U35117GJ2002PTC040624 Incorporated 11 April 2002 ROC Ahmedabad HQ Bhavnagar, Gujarat, India
Active Private Limited Company metals and minerals
Data last updated
Revenue · FY 2021
₹65.16 Cr
▲ 51.00% YoY
EBITDA · FY 2021
Locked
In full report
Net profit · FY 2021
Locked
In full report
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹87.3 Lakh
Issued & subscribed
Open charges
₹8.96 Cr
Satisfied ₹5 Cr
Company age
24 yrs
Est. 2002
Last financials
Mar 2021
Balance sheet date

About Garg Ship Breaking Private Limited

Data last updated: 25 February 2026

Garg Ship Breaking Private Limited is a private limited company based in Bhavnagar, Gujarat, India. It specialises in materials retail and distribution, a part of the broader metals and mining sector. Incorporated on 11 April 2002, the company has been in operation for over 24 years.

Registered with ROC Ahmedabad under CIN U35117GJ2002PTC040624.

Capital: an authorised share capital of ₹2 Cr and a paid-up capital of ₹87.3 Lakh. It is led by directors Hiteshkumar Shivchand Gupta and Asharani Shivchand Gupta.

Last AGM: 30 November 2021. Financial statements filed for year ended 31 March 2021. Office: Plot No. Dm – 87 – 88 Kaliyabid Behind Ram Mantra Mandir, Bhavnagar, Gujarat, India – 364002.

As per the financials filed for FY 2021, the company reported a revenue of ₹65.16 Cr, a growth of 51% compared to the previous year.

As per MCA filings, the company has open charges of ₹8.96 Cr and satisfied charges of ₹5 Cr on record.

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

Company Details of Garg Ship Breaking Private Limited
CIN U35117GJ2002PTC040624
Registration Number 040624
Incorporation Date 11 April 2002
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 November 2021
Date of Balance Sheet 31 March 2021
Compliance Status Active Compliant
Key People
Hiteshkumar Shivchand Gupta Additional Director Asharani Shivchand Gupta Director
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
    Locked
  • Social Media
    Locked
  • Registered Address
    Plot No. Dm – 87 – 88 Kaliyabid Behind Ram Mantra Mandir, Bhavnagar, Gujarat, India – 364002
  • Industry
    Metals and Minerals, Materials Retail & Distribution
Company report
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10-year financials Directors & ownership Charges & compliance

Business Activity of Garg Ship Breaking Private Limited

Garg Ship Breaking Private Limited is engaged in the principal business activity of trade, with detailed activities including wholesale trading.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G1 Wholesale Trading Locked
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Auditor Details of Garg Ship Breaking Private Limited

Garg Ship Breaking Private Limited is audited by KOSHTI & CO for the financial year 2021. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
KOSHTI & CO Locked Locked Locked
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Board of Directors of Garg Ship Breaking Private Limited

Garg Ship Breaking Private Limited is currently managed by 2 directors, with 3 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Hiteshkumar Shivchand Gupta
Also directs: Shree Maa Durga Ispat Llp
Additional Director 31 Dec 2024 1 Years 7 Months Current
Asharani Shivchand Gupta Director 29 Jan 2019 7 Years 6 Months Current
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Financials of Garg Ship Breaking Private Limited FY 2021 filings available

Garg Ship Breaking Private Limited reported revenue of ₹65.16 Cr (up 51.00% YoY) for FY 2021.

Revenue · FY 2021
₹65.16 Cr ▲ 51.00%
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Ownership and Shareholding of Garg Ship Breaking Private Limited

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Charges & Borrowings of Garg Ship Breaking Private Limited

Open charges
₹8.96 Cr
Satisfied charges
₹5 Cr
Breakdown by lending institutions
Axis Bank Limited₹8.96 Cr
Latest charge details
DateLenderAmountStatus
14 Feb 2018 Axis Bank Limited ₹4.48 Cr Open
17 Nov 2017 Axis Bank Limited ₹4.48 Cr Open
21 Feb 2014 Hdfc Bank Limited ₹4 Cr Satisfied
29 Nov 2006 Oriental Bank of Commerce ₹1 Cr Satisfied

Total charge records: 4 View all charges

Employees and EPFO Compliance at Garg Ship Breaking Private Limited

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GST Compliance of Garg Ship Breaking Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Garg Ship Breaking Private Limited

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MSME Payment Delays by Garg Ship Breaking Private Limited

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MSME payment history for Garg Ship Breaking Private Limited

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Subsidiaries & Group Companies of Garg Ship Breaking Private Limited

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MCA Filings & Documents of Garg Ship Breaking Private Limited

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MCA filings and documents for Garg Ship Breaking Private Limited

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Recent Activity on Garg Ship Breaking Private Limited

Directors
31 Dec 2024
Hiteshkumar Shivchand Gupta was appointed as a Additional Director on 31 Dec 2024 & has been associated with this company since 1 year 7 months.
Activity
30 Nov 2021
Garg Ship Breaking Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records.
Activity
31 Mar 2021
Garg Ship Breaking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad.
Directors
29 Jan 2019
Asharani Shivchand Gupta was appointed as a Director on 29 Jan 2019 & has been associated with this company since 7 years 6 months.
Charges
21 Dec 2018
A charge with Axis Bank Limited of Rs. 4.48 Cr registered on 17 Nov 2017 with Charge ID 100138179 was modified on 21 Dec 2018.
Charges
20 Dec 2018
A charge with Axis Bank Limited of Rs. 4.48 Cr registered on 14 Feb 2018 with Charge ID 100159391 was modified on 20 Dec 2018.

Frequently Asked Questions about Garg Ship Breaking Private Limited

Garg Ship Breaking Private Limited is an active private limited company in the metals and minerals sector based in Bhavnagar, Gujarat, India. It was incorporated on 11 April 2002 (24+ years old) and is registered under CIN U35117GJ2002PTC040624.

Garg Ship Breaking Private Limited reported revenue of ₹65.16 Cr for FY 2021 (up 51.00% YoY).

The current directors of Garg Ship Breaking Private Limited are:

The primary industry of Garg Ship Breaking Private Limited is metals and minerals. The company specifically operates in materials retail and distribution. The company is currently active in this sector.

Garg Ship Breaking Private Limited can be reached at the registered office: Plot No. Dm – 87 – 88 Kaliyabid Behind Ram Mantra Mandir, Bhavnagar, Gujarat, India – 364002.

The authorised capital is ₹2 Cr, and the paid-up capital is ₹87.3 Lakh.

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