Garware Goa Nets Limited - Company Profile

It is a trading public limited company based in Mumbai, Maharashtra, India, established in 1972.
1972 Mumbai, Maharashtra, India Active
Last Updated:
Access Report
About Garware Goa Nets Limited

Garware Goa Nets Limited, a active public limited company, was established on 10 February 1972 in Mumbai, Maharashtra, India. Engaging in wholesale within the trade sector, it holds CIN: U17239MH1972PLC331331. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹5.50 M and a paid-up capital of ₹1.50 M.

Formerly known as Sainet Limited, Sainet Private Limited. It upholds a compliant status. Its leadership includes Aditya Ashok Garware (Director), Pradip Shantilal Shah (Director), Shyamsunder Vasudev Atre (Director). Past directors included Chittur Vishwanath Ramachandran, Maneesha Shatul Shah, Shyamsunder Vasudev Atre. It holds ₹5.02 M open charges and no settled loans. Its latest AGM occurred on 30 September 2025, with the balance sheet filed on 31 March 2025. It is based at 1103, Park Residency, Datta Pada Road, Rajendra Nagar, Borivali (East),, Mumbai, Maharashtra, 400066.

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

    +91-XXXXXXXXXX

  • Website
    **********
  • Social Media
    **********
  • Apps
    **********

Company Details

  • CIN/LLPIN

    U17239MH1972PLC331331

  • Registration Number

    331331

  • Incorporation Date

    10 February 1972

  • Authorized Capital

    ₹5.50 M

  • Paid-Up Capital

    ₹1.50 M

  • ROC Code

    Roc Mumbai

  • Listing Status

    Unlisted

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 5.50 M
  • Paid Up Capital ₹ 1.50 M
  • Company Age 54 Year, 23 Days
  • Last Filing with ROC 31 Mar 2025
  • Open Charges ₹ 5.02 M
  • Revenue Growth **** %
  • Profit Growth **** 59.41%
  • Ebitda **** 43.61%
  • Net Worth -1.02%
  • Total Assets **** 35.29%
Company report

Garware Goa Nets Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Garware Goa Nets Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

Access Report
Who are the key members and board of directors at Garware Goa Nets Limited?
Current Directors
Name Designation Appointment Date Status
Aditya Ashok Garware Director 30 Jun 1993 Current
Pradip Shantilal Shah Director 20 Jun 2001 Current
Shyamsunder Vasudev Atre Director 14 Aug 2010 Current
Narendra Shantaram Surve Director 30 Dec 2006 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Director 02 Dec 2009 Past
Pramod Abcsdd Director 14 Apr 2012 Past
Pramod Abcsdd Additional Director 29 Dec 2010 Past

Discover detailed profiles of directors and KMP - Unlock leadership insights today!

Financial Performance of Garware Goa Nets.

Garware Goa Nets 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 59.41% increase in profit. The company's net worth dipped by a decrease of 1.02%.

Garware Goa Nets revenue growth over time
Garware Goa Nets 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
********
*******
*******
*******
*******
*******
Revenue from Operations
*******
*******
*******
*******
*******
*******
Total Assets
*******
 35.29%
*******
*******
*******
*******
Profit or Loss
*******
 59.41%
*******
*******
*******
*******
Net Worth
*******
 -1.02%
*******
*******
*******
*******
EBITDA
*******
 43.61%
*******
*******
*******
*******

Discover detailed financial data and - Unlock financial today!

What is the Ownership and Shareholding Structure of Garware Goa Nets?

In 2018, Garware Goa Nets had a promoter holding of 99.74% and a public holding of 0.27%. 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

Reveal ownership structures and financial performance - Get instant access now!

Charges (Loans)
Open Charges

₹5,017,300.00

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions
  • The Goa State Co-Op. Bank Ltd. : 0.35 Cr
  • New Bank Of India : 0.09 Cr
  • The United Western Bank Ltd. : 0.05 Cr
  • Maharashtra State Financial Corporation : 0.01 Cr
Latest Charge Details
Date Lender Amount Status
11 May 1993 The Goa State Co-Op. Bank Ltd. ₹3.50 M Open
30 Sep 1985 New Bank Of India ₹0.90 M Open
28 Aug 1985 The United Western Bank Ltd. ₹0.49 M Open
20 Jun 1973 Maharashtra State Financial Corporation ₹0.13 M Open

Explore comprehensive loan charge details -

How Many Employees Work at Garware Goa Nets?

Unlock and access historical data on people associated with Garware Goa Nets, 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 Garware Goa Nets, 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 Garware Goa Nets'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.

Explore deal ratings and alerts - Get instant access now!

Latest Updates, News, and FAQs on Garware Goa Nets
Recent Activity within the Organization
  • Annual General Meeting

    Progress on Garware Goa Nets Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records. was documented.

  • Balance Sheet

    Progress on Garware Goa Nets Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai. was documented.

  • Director Appointment

    Shyamsunder Vasudev Atre was appointed as a Director was appointed as a Director on 14 Aug 2010 & has been associated with this company since 15 years 6 months . was recorded as a recent event.

  • Director Appointment

    Narendra Shantaram Surve was appointed as a Director was appointed as a Director on 30 Dec 2006 & has been associated with this company since 19 years 2 months . was recorded as a recent event.

  • Director Appointment

    Progress on Pradip Shantilal Shah was appointed as a Director was appointed as a Director on 20 Jun 2001 & has been associated with this company since 24 years 8 months . was documented.

  • Director Appointment

    The activity Aditya Ashok Garware was appointed as a Director was appointed as a Director on 30 Jun 1993 & has been associated with this company since 32 years 8 months . was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Garware Goa Nets Limited?

The CIN of Garware Goa Nets Limited is U17239MH1972PLC331331.

Where is Garware Goa Nets Limited headquartered?

Garware Goa Nets Limited is headquartered at 1103, Park Residency, Datta Pada Road, Rajendra Nagar, Borivali (East),, Mumbai, Maharashtra, 400066.

When was Garware Goa Nets Limited incorporated?

Garware Goa Nets Limited was incorporated on 10 February 1972.

Who are the current directors of Garware Goa Nets Limited?

The current directors of Garware Goa Nets Limited are

What is the primary industry of Garware Goa Nets Limited?

The primary industry of Garware Goa Nets Limited is Trade.

Is Garware Goa Nets Limited a listed company?

Garware Goa Nets Limited is unlisted.

What is the capital structure of Garware Goa Nets Limited?

The authorized capital of Garware Goa Nets Limited is ₹5.50 M, and the paid-up capital is ₹1.50 M.

What is the compliance status of Garware Goa Nets Limited?

The compliance status of Garware Goa Nets Limited is Compliant.

Explore millions of companies — effortlessly

Access structured, verified intelligence on 7M+ companies across industries, sectors, and global markets. From early-stage startups to large enterprises, discover ownership, leadership, funding, financials, acquisitions, and market signals — all in one powerful platform.

Free account with essential features Instant access to company reports Enterprise solutions available