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Garlon Polyfab Industries Ltd. (India)

Main Activities: Textile Mills | Textile Product Mills
Full name: Garlon Polyfab Industries Ltd. Profile Updated: February 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company has been promoted by family members of the Garg Group. Garlon Polyfab Industries Limited was incorporated as a private Limited Company on 25th July 1990 under the name and style of Garg Polyesters Private Limited and converted into public Limited Company w.e.f. 4th January 1993. It subsequently adopted the present name from 17th February 1993 and obtained fresh certificate of incorporation. The Company was incorporated with a plan of setting up a composite plant for processing of Polyester Yarns. In the first phase it has already set up a Texturising Plant of 240 MT per annum at Rania Industrial Estate, Kanpur Dehat, an 'A' class backward district, in the State of Uttar Pradesh. The Plant was commissioned during May 1991 however, working capital limits were available from October 1991 onwards only. The performance of the company in the initial two operational years has been quite encouraging.

Legal Address
First Floor, "L G F, 15/79 (B),", Civil Lines
Kanpur; Uttar Pradesh; Postal Code: 208001

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Basic Information
Outstanding Shares:
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Incorporation Date:
July 25, 1990
Key Executives
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Chairman
Ownership Details
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53.38%
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26.29%
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20.33%
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Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency INR. Absolute financial data is included in the purchased report.
Operating profit (EBIT)
-200%
Net Profit (Loss) for the Period
-200%
Total equity
0%
Return on Equity (ROE)
-0.43%

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