It is a automotive public limited company based in Tinsukia, Assam, India, established in 1997.
1997 | Tinsukia, Assam, India | ActiveGargo Motors Ltd, a active public limited company, was established on 02 June 1997 in Tinsukia, Assam, India. Engaging in auto dealership & trading within the trade sector, it holds CIN: U50101AS1997PLC005081. Registered under ROC Roc Guwahati. it is unlisted. It has an authorized capital of ₹2.00 Cr and a paid-up capital of ₹1.65 Cr.
It upholds a compliant status. Employing 64 professional, Its leadership includes Krishna Borthakur (Director), Mili Borthakur (Additional Director), Arundhati Baruah (Additional Director). Past directors included Pranjal Sarma, Kamakhya Borthakur. It holds ₹18.00 Cr open charges and no settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at A.T Road, Hijuguri, Tinsukia, Assam, 786125.
U50101AS1997PLC005081
005081
02 June 1997
₹2.00 Cr
₹1.65 Cr
Roc Guwahati
Unlisted
Active
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| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Krishna Borthakur | Director | 02 Jun 1997 | Current |
| Mili Borthakur | Additional Director | 14 Jan 2019 | Current |
| Arundhati Baruah | Additional Director | 14 Jan 2019 | Current |
| Name | Designation | Cessation | Status |
|---|---|---|---|
| Pramod Abcsdd | Director | 09 Jan 2019 | Past |
| Pramod Abcsdd | Director | 23 Dec 2018 | Past |
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Gargo Motors Ltd, for the financial year ended 2021, experienced significant reduction in revenue, with a 95.79% decrease. The company also saw a substantial fall in profitability, with a 81.39% decrease in profit. The company's net worth moved up by a moderate rise of 0.48%.
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In 2021, Gargo Motors had a promoter holding of 87.96% and a public holding of 12.04%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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₹180,000,000.00
₹0
| Date | Lender | Amount | Status |
|---|---|---|---|
| 12 Mar 2019 | Axis Bank Limited | ₹3.00 Cr | Open |
| 21 Feb 2019 | Tata Capital Financial Services Limited | ₹5.00 Cr | Open |
| 27 Jun 2006 | State Bank Of India | ₹10.00 Cr | Open |
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Gargo Motors has a workforce of 64 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.
Gain comprehensive insights into the Deals and Valuation data of Gargo Motors, 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 Gargo Motors's trajectory.
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Gargo Motors Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was recorded as a recent event.
Gargo Motors Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Guwahati. was recorded as a recent event.
A charge with Axis Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100256810 was registered on 12 Mar 2019. was recorded as a recent event.
The activity A charge with Tata Capital Financial Services Limited amounted to Rs. 5.00 Cr with Charge ID 100244101 was registered on 21 Feb 2019. was completed.
Mili Borthakur was appointed as a Additional Director was appointed as a Additional Director on 14 Jan 2019 & has been associated with this company since 6 years 10 months . was recorded as a recent event.
Arundhati Baruah was appointed as a Additional Director was appointed as a Additional Director on 14 Jan 2019 & has been associated with this company since 6 years 10 months . was recorded as a recent event.
The CIN of Gargo Motors Ltd is U50101AS1997PLC005081.
Gargo Motors Ltd is headquartered at A.T Road, Hijuguri, Tinsukia, Assam, 786125.
Gargo Motors Ltd was incorporated on 02 June 1997.
The current directors of Gargo Motors Ltd are
The primary industry of Gargo Motors Ltd is Trade.
Gargo Motors Ltd is unlisted.
The authorized capital of Gargo Motors Ltd is ₹2.00 Cr, and the paid-up capital is ₹1.65 Cr.
The compliance status of Gargo Motors Ltd is Compliant.
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