Garware Synthetics Limited - Company Profile

It is a machinery and equipment public limited company based in Mira Road, Maharashtra, India, established in 1969.
1969 Mira Road, Maharashtra, India Active
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About Garware Synthetics Limited

Garware Synthetics Limited, a active public limited company, was established on 01 September 1969 in Mira Road, Maharashtra, India. Engaging in industrial machinery manufacturing within the manufacturing sector, it holds CIN: L99999MH1969PLC014371. Registered under ROC Roc Mumbai. it is listed on BSE: 514400. It has an authorized capital of ₹10.00 Cr and a paid-up capital of ₹5.81 Cr.

Formerly known as Garware Synthetic Bristles Private Limited. It upholds a compliant status. Employing 64 professional, Its leadership includes Shital Dhammdeep Kamble (Director), Nihal Chandrakant Garware (Director), Sandip Keshav Pawar (Director). Past directors included Shital Dhammdeep Kamble, Nihal Chandrakant Garware, Santosh Bhalchandra Borkar. It holds no open charges and ₹3.68 Cr settled loans. Its latest AGM occurred on 29 September 2025, with the balance sheet filed on 31 March 2025. It is based at Manish Textiles Industrial Premises Opposite Golden Chemical, Penkar Pada, Mira Road, Maharashtra, 401104.

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

    +91-XXXXXXXXXX

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

  • CIN/LLPIN

    L99999MH1969PLC014371

  • Registration Number

    014371

  • Incorporation Date

    01 September 1969

  • Authorized Capital

    ₹10.00 Cr

  • Paid-Up Capital

    ₹5.81 Cr

  • ROC Code

    Roc Mumbai

  • Listing Status

    Listed (BSE: 514400)

  • Company Status

    Active

Key Metrics
  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.81 Cr
  • Company Age 56 Year, 5 Months
  • Last Filing with ROC 31 Mar 2025
  • Satisfied Charges ₹ 3.68 Cr
  • Revenue Growth **** -11.93%
  • Profit Growth **** 151.06%
  • Ebitda **** -25.14%
  • Net Worth 23.32%
  • Total Assets -9.45%
Company report

Garware Synthetics Limited

Company Report FY 2025-2026

Comprehensive Company Insights

Explore comprehensive insights into Garware Synthetics 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 Garware Synthetics Limited?
Current Directors
Name Designation Appointment Date Status
Shital Dhammdeep Kamble Director 23 Aug 2025 Current
Nihal Chandrakant Garware Director 01 Jul 2025 Current
Sandip Keshav Pawar Director 26 Jun 2019 Current
Deepak Pandurang Kamble Director 28 Sep 2022 Current
Kirtikumar Bhailal Doshi Director 28 Oct 2002 Current
Harish Koraga Shriyan Director 30 Aug 2024 Current
Past Directors
Name Designation Cessation Status
Pramod Abcsdd Additional Director 28 Sep 2025 Past
Pramod Abcsdd Managing Director 02 Jul 2009 Past
Pramod Abcsdd Additional Director 07 Dec 2009 Past
Pramod Abcsdd Additional Director 26 Sep 2019 Past
Pramod Abcsdd Company Secretary - Past
Pramod Abcsdd Director 26 Jun 2019 Past

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Financial Performance of Garware Synthetics.

Garware Synthetics Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 11.93% decrease. The company also saw a substantial improvement in profitability, with a 151.06% increase in profit. The company's net worth Soared by an impressive increase of 23.32%.

Garware Synthetics revenue growth over time
Garware Synthetics 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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 -11.93%
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Revenue from Operations
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 -10.24%
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Total Assets
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 -9.45%
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Profit or Loss
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 151.06%
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Net Worth
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 23.32%
*******
*******
*******
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EBITDA
*******
 -25.14%
*******
*******
*******
*******

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What is the Ownership and Shareholding Structure of Garware Synthetics?

In 2023, Garware Synthetics had a promoter holding of 45.78% and a public holding of 54.23%. 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

₹36,780,000.00

Charges Breakdown by Lending Institutions
  • Bank Of Baroda : 3.68 Cr
Latest Charge Details
Date Lender Amount Status
21 Aug 1995 Bank Of Baroda ₹7.64 M Satisfied
21 Aug 1995 Bank Of Baroda ₹1.00 M Satisfied
21 Aug 1995 Bank Of Baroda ₹1.90 Cr Satisfied
21 Aug 1995 Bank Of Baroda ₹7.64 M Satisfied
01 Mar 1990 Bank Of Baroda ₹1.50 M Satisfied

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How Many Employees Work at Garware Synthetics?

Garware Synthetics has a workforce of 64 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

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 Synthetics, 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 Synthetics'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 Garware Synthetics
Recent Activity within the Organization
  • Director Appointment

    Progress on Sheetal Jayesh Sawant was appointed as a Additional Director was appointed as a Additional Director on 02 Dec 2025 & has been associated with this company since 2 months 12 days . was documented.

  • Annual General Meeting

    The activity Garware Synthetics Limited last Annual general meeting of members was held on 29 Sep 2025 as per latest MCA records. was completed.

  • Director Appointment

    The activity Shital Dhammdeep Kamble was appointed as a Director was appointed as a Director on 23 Aug 2025 & has been associated with this company since 5 months 21 days . was completed.

  • Director Appointment

    The activity Nihal Chandrakant Garware was appointed as a Director was appointed as a Director on 01 Jul 2025 & has been associated with this company since 7 months 13 days . was completed.

  • Balance Sheet

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

  • Director Appointment

    The activity Ujwala Somnath Tate was appointed as a Ceo was appointed as a Ceo on 10 Jan 2025 & has been associated with this company since 1 year 1 month . was completed.

Explore recent activity and updates - View Recent Activity

Frequently Asked Questions
What is the CIN of Garware Synthetics Limited?

The CIN of Garware Synthetics Limited is L99999MH1969PLC014371.

Where is Garware Synthetics Limited headquartered?

Garware Synthetics Limited is headquartered at Manish Textiles Industrial Premises Opposite Golden Chemical, Penkar Pada, Mira Road, Maharashtra, 401104.

When was Garware Synthetics Limited incorporated?

Garware Synthetics Limited was incorporated on 01 September 1969.

Who are the current directors of Garware Synthetics Limited?

The current directors of Garware Synthetics Limited are

What is the primary industry of Garware Synthetics Limited?

The primary industry of Garware Synthetics Limited is Manufacturing.

Is Garware Synthetics Limited a listed company?

Garware Synthetics Limited is listed. It is listed on BSE: 514400.

What is the capital structure of Garware Synthetics Limited?

The authorized capital of Garware Synthetics Limited is ₹10.00 Cr, and the paid-up capital is ₹5.81 Cr.

What is the compliance status of Garware Synthetics Limited?

The compliance status of Garware Synthetics Limited is Compliant.

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