Company CVAbout Garg Furnace Ltd 
Garg Furnace Ltd
Micro Cap
Steel/Sponge Iron/Pig Iron
Incorporated in Dec.'73 as a private limited company, Garg Furnace Ltd was converted into a public limited company in Feb.'76. Promoted by Dharam Pal Garg and Jagdish Chand Garg, the Company manufacture and deal into Iron and Steel products such as M.S. Round, Ingot, Wire Rod etc. Its manufacturing plants are situated at Ludhiana, in Punjab. The company commenced operations in 1974 with a 1-tonne capacity arc furnace to manufacture steel casting.
Company Coordinates
Company Details
Kanganwal Road G T Road, Ambala Side VPO Jugiana Ludhiana Punjab : 141120
Registrar Details
Skyline Financial Services Pvt Ltd , D-153/A, 1st Floor, Okhla Industrial Area, Phase - I, New Delhi
Capital StructureCapital Structure
Present Equity Capital
INR 4.61 Cr
Number of Shares
46.09 Cr
Face Value
INR 10.0
Date
Number
of Shares(Cr)
of Shares(Cr)
Equity
Capital (Rs Cr)
Capital (Rs Cr)
Shares Added
Face Value (Rs)
Reason
28-Mar-2024
46.09
4.61
600000
10
Conversion of Warrants
27-Mar-2010
40.09
4.01
560000
10
Conversion of Warrants
27-Mar-2010
40.09
4.01
560000
10
Conversion of Warrants
ShareholdingShareholding Snapshot
Shareholding Compare (%holding)
Majority shareholders
Promoters
Pledged Promoter Holdings
None
Mutual Funds
Held by 1 Schemes (0.0%)
FIIs
Held by 0 FIIs
Promoter with highest holding
Vaneera Garg (32.68%)
Highest Public shareholder
Securocrop Securities India Private Limited (5.55%)
Individual Investors Holdings
29.0%
Board of Directors
Management
Designation
Remuneration
Devinder Garg
Executive Chairman
15.55 lacs
Vaneera Garg
Director
0
Manjit Singh
Independent Director
0
Dharam Chand
Independent Director
0
Chandni Jain
Company Sec. & Compli. Officer
0
Amandeep Kaur
Additional Director
0
Mrs Jyoti Batra
Additional Director
0
Raw MaterialsRaw Materials Dashboard
Raw Materials
Amount(Rs Cr)
% of RM Cost
No Data Available for Raw Material Segmentation
No Data Available
Finished Goods Finished Goods Dashboard
Finished Goods
Amount(Rs Cr)
% of Sales Turnover
Round
40.22
59.76%
Wire Rod
18.07
26.86%
Billets
8.74
12.98%
Round
Round
Wire Rod
Wire Rod
Billets
Billets
Stock DNARevenue and Profits:
Net Sales:
63 Cr
(Quarterly Results - Dec 2024)
Net Profit:
2 Cr
Steel/Sponge Iron/Pig Iron
INR 97 Cr (Micro Cap)
13.00
29
0.00%
-0.21
11.45%
1.46
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