Garg Brothers Pvt Ltd
About Garg Brothers Pvt Ltd
Data last updated:
Garg Brothers Pvt Ltd is a private limited company based in Kolkata, West Bengal, India. It operates in the non-banking financial services (NBFC) segment of the financial services sector. It was incorporated on 18 August 1984 and has been in existence for over 42 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U27109WB1984PTC037846.
The company has an authorised share capital of ₹6.45 Cr and a paid-up capital of ₹6.45 Cr. It is led by directors including Keshaw Kumar Bubna and Madhaw Kumar Bubna.
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 180 Rabindra Sarani, Kolkata, West Bengal, India – 700007.
As per the financials filed for FY 2025, the company reported a revenue of ₹20.63 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net profit of ₹14.1 Cr (net margin 68.3%) and EBITDA of ₹21.03 Cr (EBITDA margin 101.9%). Revenue has grown at a compounded annual rate (CAGR) of 12% over three years and 34% over five years.
As per MCA filings, the company has open charges of ₹25 Lakh on record. Court records list 43 cases involving the company, including 29 filed by the company and 14 filed against it; 23 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Garg Brothers Pvt Ltd's registered office is in Kolkata, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address180 Rabindra Sarani, Kolkata, West Bengal, India – 700007
- IndustryFinancial Services, NBFC, Investment & Credit NBFC
To see the full contact details of Garg Brothers Pvt Ltd, buy the company report.
- 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
Business activity
The main business activity of Garg Brothers is financial and insurance service. In detail, this covers other financial activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Garg Brothers Pvt Ltd, buy the company report.
Financials of Garg Brothers Pvt Ltd
FY 2024 filings availableGarg Brothers Pvt Ltd reported revenue of ₹20.63 Cr (down 66% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 66% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 34%. EBITDA fell 66% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹21.03 Cr | ||||
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| Net Profit (PAT) | ₹14.1 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 101.9% | ||||
| Net Profit Margin | 68.3% | ||||
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To see the full financial statements and ratios of Garg Brothers Pvt Ltd, buy the company report.
Board of directors of Garg Brothers Pvt Ltd
Garg Brothers has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Keshaw Kumar Bubna Also directs: Banktesh Udyog Limited, Banktesh Creations Private Limited | Director | 14 Aug 2003 | 23 Years 2 Months | Current |
| Madhaw Kumar Bubna | Additional Director | 14 Aug 2003 | 23 Years 2 Months | Current |
| Dindayal Bubna Also directs: Banktesh Udyog Limited, Banktesh Creations Private Limited | Additional Director | 14 Aug 2003 | 23 Years 2 Months | Current |
| Gopal Kumar Bubna | Additional Director | 14 Aug 2003 | 23 Years 2 Months | Current |
Peer comparison
Garg Brothers Pvt Ltd is compared with the 4 companies closest to it by revenue in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mint Investments Ltd | ₹20.7 Cr (FY 2019) | -70.0% | Kolkata, West Bengal, India | |||
| Agro Indus Credits Limited | ₹20.65 Cr (FY 2025) | 32.0% | Ernakulam, Kerala, India | |||
| Garg Brothers Pvt Ltdthis company | ₹20.63 Cr (FY 2025) | ₹14.1 Cr | 68.3% | -66.0% | Kolkata, West Bengal, India | |
| Sharrp Ventures Capital Private Limited | ₹20.41 Cr (FY 2022) | -25.0% | Mumbai, Maharashtra, India | |||
| Servitium Micro Finance Private Limited | ₹20.37 Cr (FY 2025) | 57.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Garg Brothers Pvt Ltd, buy the company report.
Auditor
Garg Brothers Pvt Ltd is audited by R.N. BOSE& CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R.N. BOSE& CO | FY 2023 | 324754E |
Shareholding
The shareholding of Garg Brothers Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Garg Brothers Pvt Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 03 Aug 2023 | 100805481 | Hdfc Bank Limited | ₹25 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
Garg Brothers Pvt Ltd has 43 court cases on record: 29 filed by Garg Brothers, 14 filed against it. 23 cases are pending and 20 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 33 | 6 | 19 |
| High courts | 10 | 8 | 4 |
Cases on record (5 of 43)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Calcutta, West Bengal | Interim or miscellaneous application | Filed by the company against M/S. B.D. Motors Ltd. and 3 others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against M/S.B.D. Motors Ltd and 3 others | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed by the company against Ashoka Multiyarn Mills Ltd. | Pending |
| District court, Calcutta, West Bengal | Court case (CN) | Filed by the company against Ashoka Multiyarn Mills Ltd. | Pending |
| District court, Calcutta, West Bengal | Court case (CN) | Filed by the company against B. D. Motors Ltd. | Pending |
To see the full case history of Garg Brothers Pvt Ltd, 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
No delayed payments to MSME suppliers are on our record for Garg Brothers Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Garg Brothers has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Garg Brothers Pvt Ltd; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Garg Brothers Pvt Ltd has 4 board changes on record since 2003: 4 appointments. The latest: Dindayal Bubna was appointed as Additional Director on 14 Aug 2003.
Frequently asked questions
Garg Brothers is an active private limited company based in Kolkata, West Bengal, India. The company works in nbfc, within the financial services industry. It was incorporated on 18 August 1984 (42+ years old) and is registered under CIN U27109WB1984PTC037846.
Garg Brothers has 4 current directors:
- Keshaw Kumar Bubna - Director
- Madhaw Kumar Bubna - Additional Director
- Dindayal Bubna - Additional Director
- Gopal Kumar Bubna - Additional Director
The latest financial statements of Garg Brothers 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 CIN (Corporate Identification Number) of Garg Brothers is U27109WB1984PTC037846. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Garg Brothers has 43 court cases on record: 29 filed by the company and 14 filed against it. 23 are pending. Most are in the district courts.
Garg Brothers was incorporated on 18 August 1984, making it 42+ years old. It is registered with the Registrar of Companies, Kolkata.
The peers of Garg Brothers by revenue are Mint Investments Ltd, Agro Indus Credits Limited, Sharrp Ventures Capital Private Limited, Servitium Micro Finance Private Limited, all in the BFSI industry (NBFC Investment and Credit Companies, Small Non Deposit NBFC), with the same principal business activity (other financial activities).
Dindayal Bubna was appointed as Additional Director on 14 Aug 2003. Gopal Kumar Bubna was appointed as Additional Director on 14 Aug 2003. Keshaw Kumar Bubna was appointed as Director on 14 Aug 2003. Garg Brothers has 4 board changes on record in total.
The registered office of Garg Brothers is at 180 Rabindra Sarani, Kolkata, West Bengal, India – 700007.
Garg Brothers operates in the financial services industry, in the nbfc segment.
Garg Brothers has open charges of ₹25 Lakh and no satisfied charges on record as per latest MCA filings.
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