Garnet Granites Limited - Company Profile

It is a real estate and construction public limited company based in Balasore, Orissa, India, established in 1989.
1989 Balasore, Orissa, India Active
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About Garnet Granites Limited

Garnet Granites Limited, a active public limited company, was established on 30 November 1989 in Balasore, Orissa, India. Engaging in real estate builders & developers within the agriculture, forestry, fishing sector, it holds CIN: U01100OR1989PLC002382. Registered under ROC Roc Cuttack. it is unlisted. It has an authorized capital of ₹8.00 M and a paid-up capital of ₹7.86 M.

It upholds a compliant status. Its leadership includes Binod Kumar Acharya (Director), Swagatika Acharya (Director), Pradeep Kumar Acharya (Managing Director). Past directors included Vishal Bansal, Pramod Kumar Mundra, Bikash Bansal. It holds no open charges and ₹9.82 M settled loans. Its latest AGM occurred on 30 September 2024, with the balance sheet filed on 31 March 2024. It is based at Khannagar, Seragad, Balasore, Orissa, 756001.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U01100OR1989PLC002382

  • Registration Number

    002382

  • Incorporation Date

    30 November 1989

  • Authorized Capital

    ₹8.00 M

  • Paid-Up Capital

    ₹7.86 M

  • ROC Code

    Roc Cuttack

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 8.00 M
  • Paid Up Capital ₹ 7.86 M
  • Company Age 36 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 9.82 M
  • Revenue Growth **** %
  • Profit Growth **** -83.90%
  • Ebitda **** -90.54%
  • Net Worth -19.26%
  • Total Assets **** 67.51%
Company report

Garnet Granites Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Garnet Granites 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 Garnet Granites Limited?
Current Directors
Name Designation Appointment Date Status
Binod Kumar Acharya Director 14 Dec 2018 Current
Swagatika Acharya Director 18 Sep 2018 Current
Pradeep Kumar Acharya Managing Director 18 Sep 2018 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 27 May 2010 Past
Pramod Abcsdd Additional Director 25 Mar 2014 Past
Pramod Abcsdd Managing Director 02 Mar 2011 Past
Pramod Abcsdd Additional Director 14 Dec 2018 Past
Pramod Abcsdd Director Appointed In Casual Vacancy 15 Dec 2018 Past
Pramod Abcsdd Director Appointed In Casual Vacancy 13 Dec 2016 Past

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Financial Performance of Garnet Granites.

Garnet Granites Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 83.9% decrease in profit. The company's net worth observed a substantial decline by a decrease of 19.26%.

Garnet Granites revenue growth over time
Garnet Granites 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
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Revenue from Operations
*******
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*******
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*******
Total Assets
*******
 67.51%
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*******
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Profit or Loss
*******
 -83.90%
*******
*******
*******
*******
Net Worth
*******
 -19.26%
*******
*******
*******
*******
EBITDA
*******
 -90.54%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Garnet Granites?

In 2022, Garnet Granites had a public 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

₹0

Satisfied Charges

₹9,818,000.00

Charges Breakdown by Lending Institutions
  • Orissa State Financial Corporation : 0.98 Cr
Latest Charge Details
Date Lender Amount Status
08 Jan 1999 Orissa State Financial Corporation ₹9.82 M Satisfied

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How Many Employees Work at Garnet Granites?

Unlock and access historical data on people associated with Garnet Granites, 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 Garnet Granites, 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 Garnet Granites'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 Garnet Granites
Recent Activity within the Organization
  • Annual General Meeting

    The activity Garnet Granites Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records. was completed.

  • Balance Sheet

    Garnet Granites Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Cuttack. was recorded as a recent event.

  • Director Appointment

    The activity Binod Kumar Acharya was appointed as a Director was appointed as a Director on 14 Dec 2018 & has been associated with this company since 7 years 2 months . was completed.

  • Director Appointment

    Progress on Swagatika Acharya was appointed as a Director was appointed as a Director on 18 Sep 2018 & has been associated with this company since 7 years 5 months . was documented.

  • Director Appointment

    The activity Pradeep Kumar Acharya was appointed as a Managing Director was appointed as a Managing Director on 18 Sep 2018 & has been associated with this company since 7 years 5 months . was completed.

  • Charges

    A charge registered on 08 Jan 1999 via Charge ID 80061199 with Orissa State Financial Corporation was fully satisfied on 21 Oct 2010. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Garnet Granites Limited?

The CIN of Garnet Granites Limited is U01100OR1989PLC002382.

Where is Garnet Granites Limited headquartered?

Garnet Granites Limited is headquartered at Khannagar, Seragad, Balasore, Orissa, 756001.

When was Garnet Granites Limited incorporated?

Garnet Granites Limited was incorporated on 30 November 1989.

Who are the current directors of Garnet Granites Limited?

The current directors of Garnet Granites Limited are

What is the primary industry of Garnet Granites Limited?

The primary industry of Garnet Granites Limited is Agriculture, Forestry, Fishing.

Is Garnet Granites Limited a listed company?

Garnet Granites Limited is unlisted.

What is the capital structure of Garnet Granites Limited?

The authorized capital of Garnet Granites Limited is ₹8.00 M, and the paid-up capital is ₹7.86 M.

What is the compliance status of Garnet Granites Limited?

The compliance status of Garnet Granites Limited is Compliant.

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