MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-OD-19-0004966
Gargson Automobile Private Limited
Gargson Automobile Private Limited - automotive in Bhubaneswar, Odisha, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹36.41 Cr
▼ 28% YoY
Net profit · FY 2024
₹19.79 Lakh
Net margin 0.5%
EBITDA · FY 2024
₹86.62 Lakh
EBITDA margin 2.4%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹4.96 Cr
Issued & subscribed
Open charges
₹19.36 Cr
Satisfied ₹2 Cr
Company age
21 yrs
Est. 2005
Employees · EPFO
126
Provident fund records
About Gargson Automobile Private Limited
Data last updated:
Gargson Automobile Private Limited is a private limited company based in Bhubaneswar, Odisha, India, a subsidiary of Gargson Properties Pvt Ltd. It operates in the automobile dealership and trading segment of the automotive sector. It was incorporated on 13 April 2005 and has been in existence for over 21 years.
The company is registered with the Registrar of Companies (ROC), Cuttack, under CIN U50103OR2005PTC008111. Its GSTIN is 21AAFCM5666A1ZV (Odisha).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.96 Cr. It was formerly known as Mahabinayak Metal and Minerals Private Limited and Mahavinayak Industries Private Limited. It is led by directors including Siddharth Garg (Managing Director) and Asha Garg.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at A/66 Nayapalli NH – 5, Bhubaneswar, Odisha, India – 751003.
As per the financials filed for FY 2024, the company reported a revenue of ₹36.41 Cr, a decline of 28% compared to the previous year. For the same year it recorded a net profit of ₹19.79 Lakh (net margin 0.5%) and EBITDA of ₹86.62 Lakh (EBITDA margin 2.4%). Revenue has declined at a compounded annual rate (CAGR) of 5% over three years.
The company has about 126 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹19.36 Cr and satisfied charges of ₹2 Cr on record. Court records list 2 cases involving the company, including 2 filed by the company; 2 cases are pending.
Gargson Automobile Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-OD-19-0004966). The current compliance status is marked as compliant by the Registrar of Companies.
Company Details of Gargson Automobile Private Limited
CIN U50103OR2005PTC008111
Registration Number 008111
Incorporation Date 13 April 2005
ROC Cuttack
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Parent Company Gargson Properties Pvt Ltd
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-OD-19-0004966
Name History of Gargson Automobile Private Limited
Gargson Automobile has undergone 3 name changes throughout its history. The company was previously known as Mahabinayak Metal And Minerals Private Limited, Mahavinayak Industries Private Limited, and Mahavinayaka Industries Private Limited. The current legal name is Gargson Automobile Private Limited.
| Company Name | Status |
|---|---|
| Gargson Automobile Private Limited | Current |
| Mahabinayak Metal And Minerals Private Limited | Previous |
| Mahavinayak Industries Private Limited | Previous |
| Mahavinayaka Industries Private Limited | Previous |
CIN History of Gargson Automobile Private Limited
Gargson Automobile has one previous CIN (Corporate Identification Number): U27102OR2005PTC008111. The current CIN is U50103OR2005PTC008111, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U50103OR2005PTC008111 | Current |
| U27102OR2005PTC008111 | Previous |
Recognitions & Rankings of Gargson Automobile
Contact Details
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressA/66 Nayapalli NH – 5, Bhubaneswar, Odisha, India – 751003
- IndustryAutomotive, Auto Dealership & Trading
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Business Activity of Gargson Automobile Private Limited
The main business activity of Gargson Automobile is trade. In detail, this covers 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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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
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Financials of Gargson Automobile Private Limited FY 2025 filings available
Gargson Automobile Private Limited reported revenue of ₹36.41 Cr (down 28% YoY) for FY 2024.
Revenue · FY 2024
₹36.41 Cr ▼ 28%
Net profit · FY 2024
₹19.79 Lakh margin 0.5%
EBITDA · FY 2024
₹86.62 Lakh margin 2.4%
Compounded Annual Growth Rate (CAGR) of Gargson Automobile Private Limited
Revenue CAGR growth
1 year
▼ 28%
3 years · compounded
▼ 5%
EBITDA CAGR growth
1 year
▲ 121%
3 years · compounded
▼ 21%
5 years · compounded
▲ 11%
Revenue has declined at a compounded annual rate (CAGR) of 5% over three years, including a 28% fall in the latest year. EBITDA rose 121% 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 Gargson Automobile Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 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 | ₹86.62 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹19.79 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 Gargson Automobile Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 0.5% | •••• | •••• | •••• | •••• |
| 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 Gargson Automobile are in the company report.
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Financial statements from 2015
Earlier years and trend charts are in the company report.
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Board of Directors of Gargson Automobile Private Limited
Gargson Automobile has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Asha Garg | Director | 15 Feb 2012 | 14 Years 8 Months | Current |
| Siddharth Garg | Managing Director | 15 Feb 2012 | 14 Years 8 Months | Current |
| Satish Garg Also directs: Vino Regalia (India) Private Limited, Blackberry Power Private Limited, Gargson Properties Pvt Ltd and 1 more | Director | 13 Apr 2005 | 21 Years 6 Months | Current |
Peer Comparison of Gargson Automobile Private Limited
Gargson Automobile Private Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto and Components Dealers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Raunak Dream Developers Private Limited | ₹36.52 Cr (FY 2025) | •••• | •••• | -16.0% | •••• | Bikaner, Rajasthan, India |
| Methods Automotive Private Limited | ₹36.48 Cr (FY 2024) | •••• | •••• | 15.0% | •••• | Bangalore, Karnataka, India |
| Orbit Auto World Private Limited | ₹36.46 Cr (FY 2024) | •••• | •••• | -23.0% | •••• | Mumbai, Maharashtra, India |
| MDH Motors Private Limited | ₹36.44 Cr (FY 2022) | •••• | •••• | 1.0% | •••• | Kadapa, Andhra Pradesh, India |
| Ala Enterprise Private Limited | ₹36.41 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Delhi, India |
| Gargson Automobile Private Limited this company | ₹36.41 Cr (FY 2024) | •••• | •••• | -28.0% | •••• | Bhubaneswar, Odisha, India |
| Bharath Vehicle Works Private Limited | ₹36.37 Cr (FY 2025) | •••• | •••• | -3.0% | •••• | Mangalore, Karnataka, India |
| Ragova Developers & Auto Services Private Limited | ₹36.36 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Andhra Pradesh, India |
| Shree Ganapati Automotives Private Limited | ₹36.34 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Dhenkanal, Odisha, India |
| Mahalakshmi Motorcycles (India) Private Limited | ₹36.33 Cr (FY 2024) | •••• | •••• | 2.0% | •••• | Adilabad, Telangana, India |
| Lakshmi Motorcycles & Allied Private Limited | ₹36.32 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Berhampur, Odisha, India |
Peers are the five companies nearest above and the five nearest below Gargson Automobile by revenue in the Automobiles industry (Auto and Components Dealers), 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 Gargson Automobile Private Limited
Gargson Automobile Private Limited is audited by T K AGARWALLA & CO. for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| T K AGARWALLA & CO. | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Gargson Automobile Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Gargson Automobile Private Limited
Open charges
₹19.36 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Dec 2013 | Hdfc Bank Limited | ₹11.36 Cr | Open |
| 28 Aug 2012 | Hdfc Bank Limited | ₹6 Cr | Open |
| 28 Aug 2012 | Hdfc Bank Limited | ₹2 Cr | Open |
| 16 May 2012 | Axis Bank Limited | ₹2 Cr | Satisfied |
Total charge records: 4 View all charges
Legal Cases of Gargson Automobile Private Limited
Gargson Automobile Private Limited has 2 court cases on record: 2 filed by Gargson Automobile. All cases are pending. Status as checked between 01 Oct 2026 and 03 Oct 2026.
Total cases
2
Filed by the company
2
Pending
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 0 | 1 |
| District courts | 1 | 0 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Orissa | Writ petition | Filed by the company against State of Odisha | Pending |
| District court, Khurda, Odisha | Court case (I . c. c) | Filed by the company against an individual | Pending |
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Full case history
All 2 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
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Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at Gargson Automobile Private Limited
Gargson Automobile Private Limited has a workforce of 126 employees as of Apr 05, 2024.
Employee count
126
Active EPFO establishments
1
Employee growth
-21.25%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
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Recent Activity on Gargson Automobile Private Limited
Gargson Automobile Private Limited has 6 board changes on record since 2005: 3 appointments and 3 cessations. The latest: Siddharth Garg ceased to be Director on 02 Apr 2019.
AGM
Gargson Automobile Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Gargson Automobile Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Cuttack.
Charges
A charge registered on 16 May 2012 via Charge ID 10359202 with Axis Bank Limited was fully satisfied on 31 Mar 2023.
Charges
A charge with Hdfc Bank Limited of Rs. 11.36 Cr registered on 16 Dec 2013 with Charge ID 10504194 was modified on 23 Dec 2022.
Ceased
Siddharth Garg ceased to be Director.
Ceased
Chitra Garg ceased to be Director.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 11.36 Cr with Charge ID 10504194 was registered on 16 Dec 2013.
Charges
A charge with Hdfc Bank Limited of Rs. 6.00 Cr registered on 28 Aug 2012 with Charge ID 10376647 was modified on 04 Mar 2013.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2.00 Cr with Charge ID 10376701 was registered on 28 Aug 2012.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 6.00 Cr with Charge ID 10376647 was registered on 28 Aug 2012.
Charges
A charge with Axis Bank Limited amounted to Rs. 2.00 Cr with Charge ID 10359202 was registered on 16 May 2012.
Appointed
Asha Garg was appointed as Director.
4 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Gargson Automobile Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Gargson Automobile Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Gargson Automobile Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Gargson Automobile Private Limited
Gargson Automobile has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 21AAFCM5666A1ZV | Odisha | Active | 01 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 Gargson Automobile Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Frequently Asked Questions about Gargson Automobile Private Limited
Gargson Automobile is an active private limited company based in Bhubaneswar, Odisha, India. The company works in auto dealership and trading, within the automotive industry. It was incorporated on 13 April 2005 (21+ years old) and is registered under CIN U50103OR2005PTC008111.
Gargson Automobile reported revenue of ₹36.41 Cr for FY 2024 (down 28% YoY).
Gargson Automobile has 3 current directors:
- Siddharth Garg - Managing Director
- Asha Garg - Director
- Satish Garg - Director
Gargson Automobile reported a net profit of ₹19.79 Lakh (net margin 0.5%) and EBITDA of ₹86.62 Lakh (EBITDA margin 2.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gargson Automobile is -5% over three years. In the latest year (FY 2024) revenue fell 28%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gargson Automobile is 21AAFCM5666A1ZV, registered in Odisha.
The CIN (Corporate Identification Number) of Gargson Automobile is U50103OR2005PTC008111. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gargson Automobile has 2 court cases on record: 2 filed by the company. 2 are pending. Most are in the high courts.
Gargson Automobile was incorporated on 13 April 2005, making it 21+ years old. It is registered with the Registrar of Companies, Cuttack.
The peers of Gargson Automobile by revenue are Raunak Dream Developers Private Limited, Methods Automotive Private Limited, Orbit Auto World Private Limited, MDH Motors Private Limited, Ala Enterprise Private Limited and 5 more, all in the Automobiles industry (Auto and Components Dealers).
Siddharth Garg ceased to be Director on 02 Apr 2019. Chitra Garg ceased to be Director on 13 Mar 2018. Asha Garg was appointed as Director on 15 Feb 2012. Gargson Automobile has 6 board changes on record in total.