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GARWARE MARINE INDUSTRIES LIMITED

www.garwaremarine.com
Active
Updated: 29 Jul 2025

The company was engaged in the Manufacture and Marketing of Fishing Nets for over 3 decades and is catering to the needs of large number of fishermen throughout the Indian sub-continent.

Garware Marine Industries Limited, is an unlisted public company incorporated on 08 August, 1975. It is classified as a public limited company and is located in , . It's authorized share capital is INR 10.00 cr and the total paid-up capital is INR 5.77 cr.

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Subscription Plans
Industry and products
Mining and Quarrying
  • Pipeline, Gear Box repair
Company size
Auth Capital
₹ 10.0 Cr
Paidup Capital
₹ 5.8 Cr
Revenue
<₹ 1 cr
# Key metrics of Garware Marine Industries Limited - All rupee values in INR lacs. Based on March 2024 numbers. | Metric | Value | Change | |---|---|---| | Auth Capital | ₹ 10.0 Cr | | | Paidup Capital | ₹ 5.8 Cr | | | Revenue | <₹ 1 cr | | | Total Revenue | Details available with Tofler Pro subscription | -41.88% | | EBITDA | Details available with Tofler Pro subscription | -194.44% | | Net Profit | Details available with Tofler Pro subscription | -158.81% | | Networth | Details available with Tofler Pro subscription | 39.65% | | Borrowings | Details available with Tofler Pro subscription | None% | | Assets | Details available with Tofler Pro subscription | 39.7% | | Gross Margin | Details available with Tofler Pro subscription | 0.0 | | Operating Margin | Details available with Tofler Pro subscription | -26.66 | | Net Profit Margin | Details available with Tofler Pro subscription | -19.01 | | Return on Equity | Details available with Tofler Pro subscription | -2.08 | | ROCE | Details available with Tofler Pro subscription | -3.97 | | Debt to Equity | Details available with Tofler Pro subscription | 0.0 |
Key Metrics

** All rupee values in INR lacs. Based on March 2024 numbers.

Total Revenue
-41.88%
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EBITDA
-194.44%
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Net Profit
-158.81%
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Networth
39.65%
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Borrowings
-
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Assets
39.7%
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Gross Margin
-
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Operating Margin
-26.66
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Net Profit Margin
-19.01
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Return on Equity
-2.08
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ROCE
-3.97
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Debt to Equity
-
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Sales
Mar 2024
Net worth
Mar 2024

Locations

indian flag India (1)
State Type Address

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People

Designation Name DIN/PAN Tenure
Director Sanjay Vikram Chinai 00245418 10 years
Director Shefali Sanjeev Bajaj
Shareholder
00149511 11 years
Whole-time Director Shyamsunder Vasudev Atre
Shareholder
01893024 15 years
Director Vikas Daulat Sadarangani 07657018 9 years
Director Aditya Ashok Garware
Shareholder
00019816 32 years
Director Piyush Patel 09655113 1 years

Financial Highlights

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Margins

Gross margin
Operating margin
Net margin

Balance Sheet

%

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Total assets

Charges on assets

Bank wise
Charges
1

Kotak Mahindra Bank Limited

No. of Loans: 1

Total Amount : 45.8 cr

2

THE INDUSTRIAL CREDIT AND INVESTMENT CORPORAITON OF INDIA LT

No. of Loans: 5

Total Amount : 22.9 cr

3

The United Western Bank Limited

No. of Loans: 11

Total Amount : 14.9 cr

4

The Shamrao Vithal Co-operative Bank Limited

No. of Loans: 2

Total Amount : 2.0 cr

5

Indian Bank

No. of Loans: 3

Total Amount : 1.2 cr

6

THE INDUSTRIAL DEVELOPMENT BANK OF INDIA LIMITED

No. of Loans: 1

Total Amount : 1.0 cr

7

ICICI Bank Limited

No. of Loans: 1

Total Amount : 1.0 cr

8

THET RATNAKAR BANK LTD

No. of Loans: 1

Total Amount : 0.5 cr

9

THE RATNAKAR BANK LTD

No. of Loans: 2

Total Amount : 0.5 cr

10

IFCI Limited

No. of Loans: 1

Total Amount : 0.1 cr

11

Bank of Rajasthan Limited

No. of Loans: 1

Total Amount : 0.0 cr

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Charges

Kotak Mahindra Bank Limited
THE INDUSTRIAL CREDIT AND INVESTMENT CORPORAITON OF INDIA LT
The United Western Bank Limited
The Shamrao Vithal Co-operative Bank Limited
Others

Company Network

Companies connected through Directors

Name Status Paid up Capital Common Directors Address
GARWARE GOA NETS LIMITED
Active
15.0 L 2 Goa
UNIVERSAL INVESTMENT SERVICES PVT LTD
Active
29.2 L 1 Maharashtra
VEEBEEGEE INVESTMENT CO PVT LTD
Amalgamated
1.0 L 1 Maharashtra
AYBEEGEE INVESTMENT COMPANY PRIVATE LIMI TED
Amalgamated
1.1 L 1 Maharashtra
MASU TRADING AND INVESTMENT COMPANY PRIVATE LIMITED
Active
1.0 L 1 Maharashtra
ASUAD TRADING AND INVESTMENT COMPANY PRI VATE LIMITED
Amalgamated
1.0 L 1 Maharashtra
SHESU TRADING AND INVESTMENTS CO PVT LTD
Active
1.4 L 2 Maharashtra
ADSU TRADING AND INVESTMENT COMPANY PRIVATE LIMITED
Active
61.0 L 1 Maharashtra
MAUVE TRADING COMPANY PRIVATE LIMITED
Active
20.0 L 1 Maharashtra
GLOBAL OFFSHORE SERVICES LIMITED
Active
26.1 Cr 1 Maharashtra
CATALYST INDIA PVT LTD
Active
24.0 L 1 Maharashtra
OCEAN SPAN SHIPPING CO LTD
Strike Off
13.0 L 1 Maharashtra
CATALCO CHEMICALS PRIVATE LIMITED
Strike Off
15.0 L 1 Maharashtra
TAURUS TRADING PVT LTD
Active
1.0 L 1 Maharashtra
D.S.G. SHIP SERVICES PRIVATE LIMITED
Active
50.0 L 1 Maharashtra
SUPERTEX INDUSTRIES LIMITED
Active
11.3 Cr 1 Dadra & Nagar Haveli

Tofler Score

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Risk

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About Tofler Score
Tofler Score measures the quality of performance and integrity of a company. It is dependent on three key factors - Sustainability, Governance, and Growth.

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Registered Details

CIN

L12235MH1975PLC018481

PAN

AAACG4389D

Incorporation

1975, 50.0 years

Company Email

garware.marine@gmail.com

Paid up Capital

₹ 5.8 Cr

Authorised Capital

₹ 10.0 Cr

AGM

Sep 2024

Type

Public
Others

FAQ - GARWARE MARINE INDUSTRIES LIMITED

What is the incorporation date of GARWARE MARINE INDUSTRIES LIMITED?

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The incorporation date of GARWARE MARINE INDUSTRIES LIMITED is 08 August, 1975

What is the authorized share capital of GARWARE MARINE INDUSTRIES LIMITED?

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The authorized share capital of GARWARE MARINE INDUSTRIES LIMITED is INR ₹ 10.0 Cr.

What is the paid-up capital of GARWARE MARINE INDUSTRIES LIMITED?

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The paid-up capital of GARWARE MARINE INDUSTRIES LIMITED is INR ₹ 5.8 Cr.

What is the registered address of GARWARE MARINE INDUSTRIES LIMITED?

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The registered address of GARWARE MARINE INDUSTRIES LIMITED is 03rd FLOOR, PROSPECT CHAMBERS, D.N. ROAD, FORT, Bazargate, Mumbai, Mumbai, Maharashtra, India, 400001 - 400001

What is the CIN number of GARWARE MARINE INDUSTRIES LIMITED?

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The CIN number of GARWARE MARINE INDUSTRIES LIMITED is L12235MH1975PLC018481.

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