India's Richest People 2026 edition · 1 director · Source: Hurun India
- #1,174 Kulanthaivel Vinayagam ₹2,100 Cr
Garsons Private Limited
Garsons Private Limited - financial services in Coimbatore, Tamil Nadu, India. FY 2026 financials & compliance.
Active Private Limited Company financial services
Revenue · FY 2024
₹29.98 Cr
▲ 6% YoY
Net profit · FY 2024
₹7.3 Cr
Net margin 24.4%
EBITDA · FY 2024
₹13.4 Cr
EBITDA margin 44.7%
Authorised capital
₹7.5 Lakh
Registered with MCA
Paid-up capital
₹7.5 Lakh
Issued & subscribed
Open charges
₹239.65 Cr
Satisfied ₹8.58 Cr
Company age
46 yrs
Est. 1980
Employees · EPFO
166
Provident fund records
About Garsons Private Limited
Data last updated:
Garsons Private Limited is a private limited company based in Coimbatore, Tamil Nadu, India. It operates in the real estate financing segment of the financial services sector. It was incorporated on 06 August 1980 and has been in existence for over 46 years.
Its director Kulanthaivel Vinayagam is #1,174 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Coimbatore, under CIN U00095TZ1980PTC037082. Its GSTIN is 33AABCG8863D1ZP (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹7.5 Lakh and a paid-up capital of ₹7.5 Lakh. It is led by directors including Kulandaivel Vinayakam (Managing Director) and Vinayakam Vikram Narayen (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Coimbatore, Tamil Nadu.
As per the financials filed for FY 2024, the company reported a revenue of ₹29.98 Cr, a growth of 6% compared to the previous year. For the same year it recorded a net profit of ₹7.3 Cr (net margin 24.4%) and EBITDA of ₹13.4 Cr (EBITDA margin 44.7%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 5% over five years.
The company has about 166 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹239.65 Cr and satisfied charges of ₹8.58 Cr on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U00095TZ1980PTC037082
Registration Number 037082
Incorporation Date 06 August 1980
ROC Coimbatore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
CIN history
Garsons has one previous CIN (Corporate Identification Number): U00095KA1980PTC003896. The current CIN is U00095TZ1980PTC037082, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U00095TZ1980PTC037082 | Current |
| U00095KA1980PTC003896 | Previous |
Key People
Kulandaivel Vinayakam Managing Director Vinayakam Vikram Narayen Whole-Time Director Meenakshi Vinayakam Director Recognitions & Rankings of Garsons
Contact details
Garsons Private Limited's registered office is in Coimbatore, Tamil Nadu.
- Registered AddressNo. 958 – 972, Crosscut Road Gandhipuram, Coimbatore, Tamil Nadu, India – 641012
- IndustryFinancial Services, Real Estate Financing
Comprehensive company report
Garsons Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activities of Garsons are trade and real estate. In detail, this covers retail trading and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| L | Real Estate | L1 | Real estate activities with own or leased property |
To see the full business activity and turnover split of Garsons Private Limited, buy the company report.
Financials of Garsons Private Limited
FY 2024 filings availableGarsons Private Limited reported revenue of ₹29.98 Cr (up 6% YoY) for FY 2024.
Revenue · FY 2024
₹29.98 Cr ▲ 6%
Net profit · FY 2024
₹7.3 Cr margin 24.4%
EBITDA · FY 2024
₹13.4 Cr margin 44.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 6%
3 years · compounded
▲ 29%
5 years · compounded
▲ 5%
EBITDA CAGR growth
1 year
▲ 9%
3 years · compounded
▲ 30%
5 years · compounded
▲ 8%
Revenue has grown at a compounded annual rate (CAGR) of 5% over five years, including 6% growth in the latest year. EBITDA rose 9% 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
| 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 | ₹13.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.3 Cr | ||||
| 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 44.7% | ||||
| Net Profit Margin | 24.4% | ||||
| 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 | |||||
To see the full financial statements and ratios of Garsons Private Limited, buy the company report.
Board of directors of Garsons Private Limited
Garsons has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Meenakshi Vinayakam Also directs: Space Textiles Private Limited | Director | 29 Apr 2014 | 12 Years 5 Months | Current |
| Vinayakam Vikram Narayen Also directs: Affluent Promoters LLP, Space Textiles Private Limited, Akvn B & S Overseas Limited and 3 more | Whole-Time Director | 29 Apr 2014 | 12 Years 5 Months | Current |
| Kulandaivel Vinayakam Also directs: Affluent Promoters LLP, Space Textiles Private Limited, SCM Garments Private Limited and 3 more | Managing Director | 04 Apr 2014 | 12 Years 6 Months | Current |
Charges & borrowings
Open charges
₹239.65 Cr
Satisfied charges
₹8.58 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Jul 2022 | 100642291 | Hdfc Bank Limited | ₹7.5 Cr | Open | |
| 15 Jul 2022 | 100601303 | Hdfc Bank Limited | ₹7.5 Cr | Open | |
| 26 Mar 2021 | 100449214 | Hdfc Bank Limited | ₹22.5 Cr | Open | |
| 26 Oct 2020 | 100417533 | Hdfc Bank Limited | ₹7.68 Cr | Open | |
| 06 Aug 2019 | 100284756 | Hdfc Bank Limited | ₹2 Cr | Open |
To see the full charge records of Garsons Private Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
Garsons Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Total cases
1
Filed against the company
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Krishnagiri, Tamil Nadu | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Garsons Private Limited, buy the company report.
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.
MSME payment delays
Garsons Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 10 overdue payments to 6 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 6)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Limara Foods LLP | |||
| M.G.Sankaralingam & Brothers | |||
| Axis Tech |
To see the full MSME payment records of Garsons Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Garsons has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AABCG8863D1ZP | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Garsons Private Limited, buy the company report.
Recent activity
Garsons Private Limited has 7 board changes on record since 2008: 3 appointments and 4 cessations. The latest: Subramaniam Chandraiah ceased to be Director on 30 Apr 2014.
AGM
Garsons Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Garsons Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.
Charges
A charge with Hdfc Bank Limited of Rs. 768.00 Lakh registered on 26 Oct 2020 with Charge ID 100417533 was modified on 09 Sep 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 750.00 Lakh with Charge ID 100642291 was registered on 30 Jul 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 750.00 Lakh with Charge ID 100601303 was registered on 15 Jul 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 2,250.20 Lakh registered on 26 Mar 2021 with Charge ID 100449214 was modified on 15 Jul 2022.
Charges
A charge with Hdfc Bank Limited of Rs. 15,000.00 Lakh registered on 02 Apr 2019 with Charge ID 100256068 was modified on 15 Jul 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 2,250.20 Lakh with Charge ID 100449214 was registered on 26 Mar 2021.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 768.00 Lakh with Charge ID 100417533 was registered on 26 Oct 2020.
Charges
A charge with Hdfc Bank Limited of Rs. 200.00 Lakh registered on 06 Aug 2019 with Charge ID 100284756 was modified on 20 Aug 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 200.00 Lakh with Charge ID 100284756 was registered on 06 Aug 2019.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 15,000.00 Lakh with Charge ID 100256068 was registered on 02 Apr 2019.
15 earlier events are in the company report.
Frequently asked questions
Garsons is an active private limited company based in Coimbatore, Tamil Nadu, India. The company works in real estate financing, within the financial services industry. It was incorporated on 06 August 1980 (46+ years old) and is registered under CIN U00095TZ1980PTC037082.
Garsons has 3 current directors:
- Kulandaivel Vinayakam - Managing Director
- Vinayakam Vikram Narayen - Whole-Time Director
- Meenakshi Vinayakam - Director
The latest financial statements of Garsons on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Garsons is 33AABCG8863D1ZP, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Garsons is U00095TZ1980PTC037082. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garsons has 1 court case on record: 1 filed against it.
Garsons was incorporated on 06 August 1980, making it 46+ years old. It is registered with the Registrar of Companies, Coimbatore.
Subramaniam Chandraiah ceased to be Director on 30 Apr 2014. Kulandaivel Vinayakam ceased to be Additional Director on 29 Apr 2014. Meenakshi Vinayakam was appointed as Director on 29 Apr 2014. Garsons has 7 board changes on record in total.
Garsons has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 10 overdue payments to 6 micro and small suppliers. The latest return was filed on 05 Jul 2019.
The registered office of Garsons is at No. 958 – 972, Crosscut Road Gandhipuram, Coimbatore, Tamil Nadu, India – 641012.
Garsons operates in the financial services industry, in the real estate financing segment.