Garuda Cotex Shades Limited - Company Profile

It is a manufacturing public limited company based in Mumbai, Maharashtra, India, established in 1997.
1997 Mumbai, Maharashtra, India Active
Last Updated:
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About Garuda Cotex Shades Limited

Garuda Cotex Shades Limited, a active public limited company, was established on 08 January 1997 in Mumbai, Maharashtra, India. Engaging in textile & fabric production within the manufacturing sector, it holds CIN: U17120MH1997PLC104966. Registered under ROC Roc Mumbai I. it is unlisted. It has an authorized capital of ₹15.00 Cr and a paid-up capital of ₹14.75 Cr.

It upholds a compliant status. Its leadership includes Venkiteswaran Venkitaswaran Parlikad (Additional Director), Devendra Pal Madan Gopal Garg (Managing Director), Radha Devendra Pal Garg (Additional Director). Past directors included Rajesh K Soin, Raghav Devendrapal Garg, Arun Kumar Singal. It holds no open charges and ₹25.47 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 130 132 Great Western Bldg, S.B.Road, Fort,, Mumbai, Maharashtra, 400003.

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

    +91-XXXXXXXXXX

  • Website
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  • Social Media
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  • Apps
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Company Details

  • CIN/LLPIN

    U17120MH1997PLC104966

  • Registration Number

    104966

  • Incorporation Date

    08 January 1997

  • Authorized Capital

    ₹15.00 Cr

  • Paid-Up Capital

    ₹14.75 Cr

  • ROC Code

    Roc Mumbai I

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 14.75 Cr
  • Company Age 29 Year, 4 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 25.47 Cr
  • Revenue Growth **** %
  • Profit Growth **** 47.37%
  • Ebitda **** -0.21%
  • Net Worth -1.42%
  • Total Assets -19.93%
Company report

Garuda Cotex Shades Limited

Company Report FY 2026-2027

Comprehensive Company Insights

Explore comprehensive insights into Garuda Cotex Shades 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 Garuda Cotex Shades Limited?
Current Directors
Name Designation Appointment Date Status
Venkiteswaran Venkitaswaran Parlikad Additional Director 24 Mar 2016 Current
Devendra Pal Madan Gopal Garg Managing Director 31 Mar 2008 Current
Radha Devendra Pal Garg Additional Director 24 Sep 2020 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 28 Feb 2018 Past
Pramod Abcsdd Director 02 Jan 2018 Past
Pramod Abcsdd Director 24 Mar 2016 Past
Pramod Abcsdd Director 22 Jun 2007 Past
Pramod Abcsdd Director 04 Jun 2014 Past
Pramod Abcsdd Director 10 Aug 2017 Past

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Financial Performance of Garuda Cotex Shades.

Garuda Cotex Shades Limited, for the financial year ended 2021, experienced no change in revenue, with a 0% increase. The company also saw a substantial improvement in profitability, with a 47.37% increase in profit. The company's net worth dipped by a decrease of 1.42%.

Garuda Cotex Shades revenue growth over time
Garuda Cotex Shades 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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*******
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*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 -19.93%
*******
*******
*******
*******
Profit or Loss
*******
 47.37%
*******
*******
*******
*******
Net Worth
*******
 -1.42%
*******
*******
*******
*******
EBITDA
*******
 -0.21%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Garuda Cotex Shades?

In 2020, Garuda Cotex Shades had a promoter holding of 87.44% and a public holding of 12.56%. 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

₹254,700,000.00

Charges Breakdown by Lending Institutions
  • Canara Bank : 15.00 Cr
  • Industrial Development Bank Of India : 10.47 Cr
Latest Charge Details
Date Lender Amount Status
31 Dec 1998 Canara Bank ₹3.00 Cr Satisfied
31 Dec 1998 Canara Bank ₹3.00 Cr Satisfied
14 Jul 1998 Canara Bank ₹4.50 Cr Satisfied
14 Jul 1998 Canara Bank ₹4.50 Cr Satisfied
12 Dec 1997 Industrial Development Bank Of India ₹10.47 Cr Satisfied

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How Many Employees Work at Garuda Cotex Shades?

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

    Garuda Cotex Shades Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was recorded as a recent event.

  • Balance Sheet

    The activity Garuda Cotex Shades Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai I. was completed.

  • Director Appointment

    Progress on Radha Devendra Pal Garg was appointed as a Additional Director was appointed as a Additional Director on 24 Sep 2020 & has been associated with this company since 5 years 8 months . was documented.

  • Director Appointment

    Gauresh Ramchandra Pawar was appointed as a CFO was appointed as a CFO on 01 Aug 2019 & has been associated with this company since 6 years 9 months . was recorded as a recent event.

  • Director Appointment

    Progress on Shrikant Hindurao Harale was appointed as a Company Secretary was appointed as a Company Secretary on 01 Aug 2019 & has been associated with this company since 6 years 9 months . was documented.

  • Charges

    A charge registered on 31 Dec 1998 via Charge ID 90151484 with Canara Bank was fully satisfied on 30 Jul 2018. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Garuda Cotex Shades Limited?

The CIN of Garuda Cotex Shades Limited is U17120MH1997PLC104966.

Where is Garuda Cotex Shades Limited headquartered?

Garuda Cotex Shades Limited is headquartered at 130 132 Great Western Bldg, S.B.Road, Fort,, Mumbai, Maharashtra, 400003.

When was Garuda Cotex Shades Limited incorporated?

Garuda Cotex Shades Limited was incorporated on 08 January 1997.

Who are the current directors of Garuda Cotex Shades Limited?

The current directors of Garuda Cotex Shades Limited are

What is the primary industry of Garuda Cotex Shades Limited?

The primary industry of Garuda Cotex Shades Limited is Manufacturing.

Is Garuda Cotex Shades Limited a listed company?

Garuda Cotex Shades Limited is unlisted.

What is the capital structure of Garuda Cotex Shades Limited?

The authorized capital of Garuda Cotex Shades Limited is ₹15.00 Cr, and the paid-up capital is ₹14.75 Cr.

What is the compliance status of Garuda Cotex Shades Limited?

The compliance status of Garuda Cotex Shades Limited is Compliant.

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