Garuda Textiles Private Limited - Company Profile

It is a home & lifestyle private limited company based in Solapur, Maharashtra, India, established in 1991.
1991 Solapur, Maharashtra, India Active
Last Updated:
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About Garuda Textiles Private Limited

Garuda Textiles Private Limited, a active private limited company, was established on 21 January 1991 in Solapur, Maharashtra, India. Engaging in textile retail & distribution within the trade sector, it holds CIN: U17119PN1991PTC059893. Registered under ROC Roc Pune. it is unlisted. It has an authorized capital of ₹1.50 M and a paid-up capital of ₹1.19 M.

It upholds a compliant status. Its leadership includes Kaustubh Vishwanath Karwa (Director), Nanda Vishwanath Karwa (Director). Past directors included Vishwanath Lalchand Karwa. It holds ₹3.51 Cr open charges and ₹3.40 Cr settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at C-10/2/26/27 Akkalkot Road, M I D C, Solapur, Maharashtra, 413006.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    U17119PN1991PTC059893

  • Registration Number

    059893

  • Incorporation Date

    21 January 1991

  • Authorized Capital

    ₹1.50 M

  • Paid-Up Capital

    ₹1.19 M

  • ROC Code

    Roc Pune

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 1.50 M
  • Paid Up Capital ₹ 1.19 M
  • Company Age 35 Year, 2 Months
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 3.51 Cr
  • Satisfied Charges ₹ 3.40 Cr
  • Revenue Growth **** -29.57%
  • Profit Growth **** -1.11%
  • Ebitda **** -63.63%
  • Net Worth 5.13%
  • Total Assets -30.43%
Company report

Garuda Textiles Private Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Garuda Textiles Private 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 Textiles Private Limited?
Current Directors
Name Designation Appointment Date Status
Kaustubh Vishwanath Karwa Director 08 Dec 2000 Current
Nanda Vishwanath Karwa Director 06 May 1992 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Managing Director 08 Dec 2015 Past

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Financial Performance of Garuda Textiles.

Garuda Textiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 29.57% decrease. The company also saw a slight decrease in profitability, with a 1.11% decrease in profit. The company's net worth moved up by a moderate rise of 5.13%.

Garuda Textiles revenue growth over time
Garuda Textiles 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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 -29.57%
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*******
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Revenue from Operations
*******
 -30.22%
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*******
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Total Assets
*******
 -30.43%
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*******
*******
Profit or Loss
*******
 -1.11%
*******
*******
*******
*******
Net Worth
*******
 5.13%
*******
*******
*******
*******
EBITDA
*******
 -63.63%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Garuda Textiles?

In 2023, Garuda Textiles had a public holding of 35.71%. 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

₹35,140,000.00

Satisfied Charges

₹34,000,000.00

Charges Breakdown by Lending Institutions
  • Others : 3.51 Cr
Latest Charge Details
Date Lender Amount Status
03 Jun 2020 Others ₹6.74 M Open
11 Jul 2016 Others ₹2.84 Cr Open
29 Dec 2015 Punjab National Bank ₹2.20 Cr Satisfied
30 May 2011 Vyapari Sahkari Bank Maryadit ₹7.00 M Satisfied
25 Nov 2008 Vikas Sahkari Bank Ltd ₹5.00 M Satisfied

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How Many Employees Work at Garuda Textiles?

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

    The activity Garuda Textiles Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was completed.

  • Balance Sheet

    Progress on Garuda Textiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Pune. was documented.

  • Charges

    Progress on A charge with Others of Rs. 28.40 M registered on 11 Jul 2016 with Charge ID 100043630 was modified on 14 May 2024. was documented.

  • Charges

    The activity A charge registered on 29 Dec 2015 via Charge ID 100032818 with Punjab National Bank was fully satisfied on 14 May 2024. was completed.

  • Charges

    A charge with Others amounted to Rs. 6.74 M with Charge ID 100347788 was registered on 03 Jun 2020. was recorded as a recent event.

  • Charges

    A charge registered on 30 May 2011 via Charge ID 10290772 with Vyapari Sahkari Bank Maryadit was fully satisfied on 25 Oct 2017. was recorded as a recent event.

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Frequently Asked Questions
What is the CIN of Garuda Textiles Private Limited?

The CIN of Garuda Textiles Private Limited is U17119PN1991PTC059893.

Where is Garuda Textiles Private Limited headquartered?

Garuda Textiles Private Limited is headquartered at C-10/2/26/27 Akkalkot Road, M I D C, Solapur, Maharashtra, 413006.

When was Garuda Textiles Private Limited incorporated?

Garuda Textiles Private Limited was incorporated on 21 January 1991.

Who are the current directors of Garuda Textiles Private Limited?

The current directors of Garuda Textiles Private Limited are

What is the primary industry of Garuda Textiles Private Limited?

The primary industry of Garuda Textiles Private Limited is Trade.

Is Garuda Textiles Private Limited a listed company?

Garuda Textiles Private Limited is unlisted.

What is the capital structure of Garuda Textiles Private Limited?

The authorized capital of Garuda Textiles Private Limited is ₹1.50 M, and the paid-up capital is ₹1.19 M.

What is the compliance status of Garuda Textiles Private Limited?

The compliance status of Garuda Textiles Private Limited is Compliant.

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