Garg Acrylics Limited is a Public Limited Company incorporated in India.The Company is engaged in the manufacturing of Synthetic & Cotton Yarn and readymade garments. Garg International is a partnership firm formed under the Indian Partnership Act, 1932. The firm is engaged in trading of textile products (the Subsidiary) both collectively referred as “The Group”. Garg Group, founded in 1999 as a manufacturer of worsted yarn and hosiery, has developed into the largest textile company in northern India, producing yarn, woven fabric, and knitwear with a solid reputation and level of acceptance in the market.
| Garg Acrylics Outstanding Shares: | 1,06,28,480 |
| Face Value of Garg Acrylics Unquoted Share: | Rs. 10 Per Equity Share |
| ISIN of Garg Acrylics Unquoted Share: | INE244E01018 |
| Lot Size of Garg Acrylics Unquoted Share: | 100 Shares |
| Garg Acrylics Share Price: | Best in Industry |
| PAN Number of Garg Acrylics: | AAACG3332N |
| GST Number of Garg Acrylics: | 03AAACG3332N1ZU |
Garg Acrylics CIN Number |
L74999DL1983PLC017001 |
|
Garg Acrylics Registration Date |
22 November 1983 |
|
Category / Sub-Category of Garg Acrylics |
Company Limited By Shares/ Indian Non Government Company |
|
Garg Acrylics Registered Office Address |
A-50/1 Wazirpur, Industrial Area, Delhi-52 |
|
Garg Acrylics Registrar & Transfer Agent Address & Contact Details |
M/S Skyline Financial Services Pvt. Ltd. D-153A, First Floor, Okhla Industrial Area, Phase-1, New Delhi-110020. |
|
Sanjiv Garg, Chairman, Mg. Director
Rajiv Garg, Managing Director
Ujjwal Garg, Whole Time Director
Pardeep Makkar, Independent Director
Sanjay Sahni, Independent Director
Avnish Dhingra, Independent Director
Misha Nayar, Independent Director
|
S. No. |
Name and Description of main products/services |
NIC Code of the product/service* |
% to the total turnover of the Company |
|
1. |
Cotton Yarn |
5205 |
47.59% |
|
2. |
Blended Yarn |
5509 ; 5206 |
25.49% |
|
S. No. |
Name of the Company |
Subsidiary |
% of shares held |
|
1. |
Garg International |
Subsidiary |
95% |
|
S. No. |
Shareholder’s Name |
No. of Shares |
% of total Shares of the company |
|
1. |
Promoter Group |
40,99,280 |
61.71% |
|
2. |
Public Shareholding |
25,43,520 |
38.29% |
|
|
Total |
66,42,800 |
100% |
India’s textiles sector is one of the oldest industries in the Indian economy, dating back to several centuries. The textile industry in India traditionally, after agriculture, is the only industry that has generated huge employment for both skilled and unskilled labour. The textile industry continues to be the second-largest employment generating sector in India. India's textiles industry has around 4.5 crore employed workers including 35.22 lakh handloom workers across the country. The industry is extremely varied, with hand-spun and hand-woven textiles sectors at one end of the spectrum, with the capital-intensive sophisticated mills sector at the other end. The decentralised power looms/ hosiery and knitting sector form the largest component of the textiles sector. The close linkage of textiles industry to agriculture (for raw materials such as cotton) and the ancient culture and traditions of the country in terms of textiles makes it unique in comparison to other industries in the country. India’s textiles industry has a capacity to produce a wide variety of products suitable for different market segments, both within India and across the world.
FAQ's on Garg Acrylics
Q: What
is the face value of Garg Acrylics Ltd shares?
Answer: The face value of Garg Acrylics Ltd is ₹10 per equity share.
Q: What
is the minimum lot size for buying Garg Acrylics shares through WWIPL?
Answer: The minimum lot size for Garg Acrylics shares is 100 equity
shares.
Q: How
can I buy Garg Acrylics unlisted shares through WWIPL?
Answer: Investors can complete KYC, confirm the transaction details with
WWIPL, transfer funds, and receive shares directly in their Demat account.
Q: Why
should I buy Garg Acrylics shares through WWIPL?
Answer: WWIPL offers transparent pricing, secure transactions, seamless
Demat transfers, and dedicated support throughout the investment process.
Q: Is
investing in Garg Acrylics Ltd a good idea?
Answer: Investors often evaluate Garg Acrylics based on its textile
manufacturing capabilities, product portfolio, financial performance, and
long-term growth prospects in the yarn industry.
Q: Why do
investors buy Garg Acrylics shares before a potential IPO?
Answer: Investors seek early exposure to a textile manufacturer before a
potential listing, aiming to participate in future value creation and liquidity
opportunities.
Q: What
business does Garg Acrylics Ltd operate in?
Answer: Garg Acrylics is engaged in the manufacturing of acrylic, blended,
and specialty yarns used in knitting, weaving, garments, home textiles, and
other textile applications.
Q: What
makes Garg Acrylics different from other unlisted textile companies?
Answer: The company focuses on producing value-added yarns and serves a
wide range of customers across the textile and apparel industry.
Q: What
are the key growth drivers for Garg Acrylics Ltd?
Answer: Growth in the textile industry, rising apparel demand, export
opportunities, product diversification, and expansion in value-added yarn
production are key growth drivers.
Q: What
factors affect the valuation of Garg Acrylics shares?
Answer: Revenue growth, raw material prices, production capacity,
operating margins, profitability, export demand, and industry conditions
influence the company's valuation.
Q: Are
Garg Acrylics shares available in Demat form?
Answer: Yes. Shares purchased through WWIPL are transferred directly to
the investor's Demat account.
Q: Can I
sell my Garg Acrylics shares through WWIPL?
Answer: Yes. WWIPL facilitates both buying and selling of unlisted
shares, subject to market demand and availability.
Q: What
documents are required to buy Garg Acrylics shares through WWIPL?
Answer: Investors generally need PAN, Aadhaar, Client Master Report
(CMR), and bank account details to complete the transaction.
Q: What
are the risks of investing in Garg Acrylics shares?
Answer: Investors should consider raw material price volatility, demand
fluctuations, export market risks, competition, and liquidity constraints associated
with unlisted shares.
Q: How
does WWIPL help investors track Garg Acrylics investments?
Answer: WWIPL provides company updates, transaction assistance, market
insights, and investment support to help investors stay informed.
Q: How
long does it take for Garg Acrylics shares purchased through WWIPL to be
credited to a Demat account?
Answer: Shares are generally transferred to the investor's Demat account
after successful completion and verification of the transaction.
Q: What
should investors evaluate before investing in Garg Acrylics Ltd?
Answer: Investors should assess the company's financial performance,
manufacturing capacity, product mix, profitability, valuation, and long-term
growth prospects.
Q: Can
Garg Acrylics benefit from the growth of India's textile and apparel industry?
Answer: Yes. Increasing domestic consumption, export demand, and the
shift toward value-added textile products may support the company's long-term
growth.