Garg Ship Breaking Private Limited - Company Profile

It is a metals and minerals private limited company based in Bhavnagar, Gujarat, India, established in 2002.
2002 Bhavnagar, Gujarat, India Active
Last Updated:
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About Garg Ship Breaking Private Limited

Garg Ship Breaking Private Limited, a active private limited company, was established on 11 April 2002 in Bhavnagar, Gujarat, India. Engaging in materials retail & distribution within the trade sector, it holds CIN: U35117GJ2002PTC040624. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹8.73 M.

It upholds a compliant status. Its leadership includes Hiteshkumar Shivchand Gupta (Additional Director), Asharani Shivchand Gupta (Director). Past directors included Hemka Ramniwas Garg, Kamal Kishore Bansal, Ramniwas Omprakash Garg. It holds ₹8.96 Cr open charges and ₹5.00 Cr settled loans. Its latest AGM occurred on 30 November 2021, with the balance sheet filed on 31 March 2021. It is based at Plot No. Dm-87-88,Kaliyabid Behind Ram Mantra Mandir, Bhavnagar, Gujarat, 364002.

Company Details
  • Email
    **********
  • Telephone

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U35117GJ2002PTC040624

  • Registration Number

    040624

  • Incorporation Date

    11 April 2002

  • Authorized Capital

    ₹2.00 Cr

  • Paid-Up Capital

    ₹8.73 M

  • ROC Code

    Roc Ahmedabad

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 8.73 M
  • Company Age 24 Year, 30 Days
  • Last Filing with ROC 31 Mar 2021
  • Open Charges ₹ 8.96 Cr
  • Satisfied Charges ₹ 5.00 Cr
  • Revenue Growth **** 51.22%
  • Profit Growth **** 44.49%
  • Ebitda **** -25.29%
  • Net Worth 22.70%
  • Total Assets **** 29.39%
Company report

Garg Ship Breaking Private Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Garg Ship Breaking Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Garg Ship Breaking Private Limited?
Current Directors
Name Designation Appointment Date Status
Hiteshkumar Shivchand Gupta Additional Director 31 Dec 2024 Current
Asharani Shivchand Gupta Director 29 Jan 2019 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 26 Feb 2019 Past
Pramod Abcsdd Director 31 Jan 2012 Past
Pramod Abcsdd Director 31 Dec 2024 Past

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Financial Performance of Garg Ship Breaking.

Garg Ship Breaking Private Limited, for the financial year ended 2021, experienced significant growth in revenue, with a 51.22% increase. The company also saw a substantial improvement in profitability, with a 44.49% increase in profit. The company's net worth Soared by an impressive increase of 22.7%.

Garg Ship Breaking revenue growth over time
Garg Ship Breaking profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors
Emtek
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
Jan, 2021 Amount Post-IPO - Grab Valuation

investors
Hana Financial Group , GGV Capital
Feb, 2021 Amount Post-IPO - Grab Valuation

investors
Signite Partners
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
********
 51.22%
*******
*******
*******
*******
Revenue from Operations
*******
 51.43%
*******
*******
*******
*******
Total Assets
*******
 29.39%
*******
*******
*******
*******
Profit or Loss
*******
 44.49%
*******
*******
*******
*******
Net Worth
*******
 22.70%
*******
*******
*******
*******
EBITDA
*******
 -25.29%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Garg Ship Breaking?

In 2020, Garg Ship Breaking had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)
shareholding
  • Promoters: 92.83%
  • Public: 4.10%
  • Others: 3.07%
Shareholding Pattern over the Year
FY (2024) FY (2023) FY (2022) FY (2021) FY (2020)
Promoters 92.83 94.62 94.55 94.55 94.55
Public 4.10 3.89 3.95 3.96 3.98
Others 3.07 1.49 1.50 1.49 1.47

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Charges (Loans)
Open Charges

₹89,600,000.00

Satisfied Charges

₹50,000,000.00

Charges Breakdown by Lending Institutions
  • Axis Bank Limited : 8.96 Cr
Latest Charge Details
Date Lender Amount Status
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 ₹4.00 Cr Satisfied
29 Nov 2006 Oriental Bank Of Commerce ₹1.00 Cr Satisfied

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How Many Employees Work at Garg Ship Breaking?

Unlock and access historical data on people associated with Garg Ship Breaking, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee Date Number of Employees
2020 78,000
2021 80,500
2022 83,200
2023 86,000
2024 89,500
2025 92,000
Deals i
Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Garg Ship Breaking, 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 Ship Breaking's trajectory.

Rating
Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts
Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Garg Ship Breaking
Recent Activity within the Organization
  • Director Appointment

    Progress on Hiteshkumar Shivchand Gupta was appointed as a Additional Director was appointed as a Additional Director on 31 Dec 2024 & has been associated with this company since 1 year 4 months . was documented.

  • Annual General Meeting

    The activity Garg Ship Breaking Private Limited last Annual general meeting of members was held on 30 Nov 2021 as per latest MCA records. was completed.

  • Balance Sheet

    Garg Ship Breaking Private Limited has filed its annual Financial statements for the year ended 31 Mar 2021 with Roc Ahmedabad. was recorded as a recent event.

  • Director Appointment

    The activity Asharani Shivchand Gupta was appointed as a Director was appointed as a Director on 29 Jan 2019 & has been associated with this company since 7 years 3 months . was completed.

  • Charges

    The activity 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. was completed.

  • Charges

    The activity 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. was completed.

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Frequently Asked Questions
What is the CIN of Garg Ship Breaking Private Limited?

The CIN of Garg Ship Breaking Private Limited is U35117GJ2002PTC040624.

Where is Garg Ship Breaking Private Limited headquartered?

Garg Ship Breaking Private Limited is headquartered at Plot No. Dm-87-88,Kaliyabid Behind Ram Mantra Mandir, Bhavnagar, Gujarat, 364002.

When was Garg Ship Breaking Private Limited incorporated?

Garg Ship Breaking Private Limited was incorporated on 11 April 2002.

Who are the current directors of Garg Ship Breaking Private Limited?

The current directors of Garg Ship Breaking Private Limited are

What is the primary industry of Garg Ship Breaking Private Limited?

The primary industry of Garg Ship Breaking Private Limited is Trade.

Is Garg Ship Breaking Private Limited a listed company?

Garg Ship Breaking Private Limited is unlisted.

What is the capital structure of Garg Ship Breaking Private Limited?

The authorized capital of Garg Ship Breaking Private Limited is ₹2.00 Cr, and the paid-up capital is ₹8.73 M.

What is the compliance status of Garg Ship Breaking Private Limited?

The compliance status of Garg Ship Breaking Private Limited is Compliant.

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