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ActiveLudhiana, PunjabSince 1973

Garg Furnace Limited

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Set up in 1973 in Ludhiana. It has pledged its assets against loans of up to ₹51.2 crore from 4 lenders.

CINL99999PB1973PLC003385
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52 years at a glance

Loans against its assets, and when today's people joined

197419761978198019821984198619881990199219941996199820002002200420062008201020122014201620182020202220242026LOANS AGAINST ITS ASSETSTODAY'S PEOPLE, WHEN THEY JOINEDRegistered as a companyPunjab and Sind Bank, up to ₹8 crore, 18 Aug 1975 to 20 Jul 2011Punjab and Sind Bank, up to ₹2.59 crore, 18 Aug 1975 to 20 Jul 2011Punjab and Sind Bank, up to ₹26.74 lakh, 27 Sept 1984 to 20 Jul 2011Punjab and Sind Bank Ltd., up to ₹26.74 lakh, 27 Sept 1985 to 20 Jul 2011`punjab and Sind Bank, up to ₹10 lakh, 14 Oct 1985 to 20 Jul 2011`punjab and Sind Bank, up to ₹33 lakh, 18 Aug 1987 to 20 Jul 2011Punjab and Sind Bank, up to ₹29.33 lakh, 15 Dec 1988 to 20 Jul 2011`punjab and Sind Bank, up to ₹20 lakh, 9 Jan 1989 to 20 Jul 2011Punjab Andsind Bank, up to ₹15.27 lakh, 21 Jun 1989 to 20 Jul 2011Punjab Andsind Bank, up to ₹50 lakh, 22 Sept 1989 to 20 Jul 2011Punjab and Sind Bank Ltd., up to ₹46.49 lakh, 24 Mar 1993 to 20 Jul 2011Punjab and Sind Bank, up to ₹50 lakh, 14 Mar 1995 to 10 Apr 2012Punjab and Sind Bank, up to ₹1.2 crore, 31 Mar 1998 to 20 Jul 2011Punjab & Sind Bank, up to ₹200.26 crore, 1 Dec 1998 to 27 Jun 2011Indusind Bank Ltd., up to ₹50 lakh, 1 Nov 2004 to 12 Apr 2012Punjab & Sind Bank, up to ₹56 crore, 17 Feb 2006 to 21 Mar 2013Punjab National Bank, up to ₹164.75 crore, 29 Jun 2007 to 14 Feb 2012Indian Bank, up to ₹69.43 crore, 11 Feb 2013 to 1 Jan 2020Indian Bank, up to ₹5 crore, 6 Mar 2013 to 7 Jul 2014Indian Bank, up to ₹2.9 crore, 22 Aug 2013 to 7 Jul 2014Indian Bank, up to ₹3.5 crore, 1 Aug 2015 to 1 Jan 2020HDB Financial Services Limited, up to ₹15 crore, 28 Nov 2025 to still openMercedes-Benz Financial Services India Private Limited, up to ₹1.2 crore, 24 Dec 2025 to still openKotak Mahindra Bank Limited, up to ₹15 crore, 9 Mar 2026 to still openJammu & Kashmir Bank (J&K Bank), up to ₹20 crore, 6 Jul 2026 to still open
Loan still openLoan paid offSomeone joined, and is still there
  • 1973Registered as a company on 27 Dec 1973.
  • 1998Its biggest loan against assets, ₹200.26 crore with Punjab & Sind Bank, was paid off in 2011.

Who runs it

This page does not list its directors yet. Open the company in Entiva to see who runs it on MCA's register today.

Who has lent to it

₹51.2 crorein loans backed by its assets, from 4 lenders

  • Jammu & Kashmir Bank (J&K Bank)₹20 crore

    Open, taken out 6 Jul 2026

  • Kotak Mahindra Bank Limited₹15 crore

    Open, taken out 9 Mar 2026

  • HDB Financial Services Limited₹15 crore

    Open, taken out 28 Nov 2025

  • Mercedes-Benz Financial Services India Private Limited₹1.2 crore

    Open, taken out 24 Dec 2025

21 earlier loans, now paid off
  • Indian Bank1 Aug 2015 to 1 Jan 2020₹3.5 crore
  • Indian Bank22 Aug 2013 to 7 Jul 2014₹2.9 crore
  • Indian Bank6 Mar 2013 to 7 Jul 2014₹5 crore
  • Indian Bank11 Feb 2013 to 1 Jan 2020₹69.43 crore
  • Punjab National Bank29 Jun 2007 to 14 Feb 2012₹164.75 crore
  • Punjab & Sind Bank17 Feb 2006 to 21 Mar 2013₹56 crore
  • Indusind Bank Ltd.1 Nov 2004 to 12 Apr 2012₹50 lakh
  • Punjab & Sind Bank1 Dec 1998 to 27 Jun 2011₹200.26 crore
  • Punjab and Sind Bank31 Mar 1998 to 20 Jul 2011₹1.2 crore
  • Punjab and Sind Bank14 Mar 1995 to 10 Apr 2012₹50 lakh
  • Punjab and Sind Bank Ltd.24 Mar 1993 to 20 Jul 2011₹46.49 lakh
  • Punjab Andsind Bank22 Sept 1989 to 20 Jul 2011₹50 lakh
  • Punjab Andsind Bank21 Jun 1989 to 20 Jul 2011₹15.27 lakh
  • `punjab and Sind Bank9 Jan 1989 to 20 Jul 2011₹20 lakh
  • Punjab and Sind Bank15 Dec 1988 to 20 Jul 2011₹29.33 lakh
  • `punjab and Sind Bank18 Aug 1987 to 20 Jul 2011₹33 lakh
  • `punjab and Sind Bank14 Oct 1985 to 20 Jul 2011₹10 lakh
  • Punjab and Sind Bank Ltd.27 Sept 1985 to 20 Jul 2011₹26.74 lakh
  • Punjab and Sind Bank27 Sept 1984 to 20 Jul 2011₹26.74 lakh
  • Punjab and Sind Bank18 Aug 1975 to 20 Jul 2011₹8 crore
  • Punjab and Sind Bank18 Aug 1975 to 20 Jul 2011₹2.59 crore

What its filings add

Garg Furnace files these with the registrar. Entiva fetches and reads them for you.

  • Every year · AOC-4

    Revenue, profit and the balance sheet

    Its financial statements, year by year.

  • Every year · MGT-7

    Who owns it

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  • Each loan · CHG-1

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The details on this page come from public records, including MCA's register of companies as Entiva read it on . Things may have changed since. A loan amount is the most the lender can claim against the company's assets, not what is still owed.