G. B. Innovative Technical Solutions Private Limited

Provides trading and manufacturing services for electric motors, generators, transformers, and electricity distribution and control apparatus.

2007 | Bangaluru, Karnataka (India) | Active
Last Updated: January 04, 2025

G. B. Innovative Technical Solutions Profile

Key Indicators

  • Authorised Capital ₹ 9.00 M
  • Paid Up Capital ₹ 8.92 M
  • Company Age 18 Year, 1 Month
  • Last Filing with ROC 31 Mar 2015
  • Open Charges ₹ 3.67 Cr
  • Revenue Growth 12.79%
  • Profit Growth 92.76%
  • Ebitda 125.08%
  • Net Worth 22.92%
  • Total Assets 6.80%

About G. B. Innovative Technical Solutions

G. B. Innovative Technical Solutions Private Limited (GBITSPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 January 2007 and has a history of 18 years and one month. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2015. It's a company limited by shares with an authorized capital of Rs 9.00 M and a paid-up capital of Rs 8.92 M.

The company currently has active open charges totaling ₹3.67 Cr.

Shekar Sasalatti and Shivaleela Sasalatti serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U29113KA2007PTC041544

  • Company No.

    041544

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jan 2007

  • Date of AGM

    30 Sep 2015

  • Date of Balance Sheet

    31 Mar 2015

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Consumer Electronics & Durables
Energy and Power

Who are the key members and board of directors at G. B. Innovative Technical Solutions?

Executive Team (1)

NameDesignationAppointment DateStatus
Shekar Sasalatti Country flag representing In Managing Director23-Jan-2007Current

Financial Performance of G. B. Innovative Technical Solutions.

G. B. Innovative Technical Solutions Private Limited, for the financial year ended 2015, experienced significant growth in revenue, with a 12.79% increase. The company also saw a substantial improvement in profitability, with a 92.76% increase in profit. The company's net worth Soared by an impressive increase of 22.92%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
12.79%
Revenue from Operations
16.72%
Total Assets
6.80%
Profit or Loss
92.76%
Net Worth
22.92%
EBITDA
125.08%

What is the Ownership and Shareholding Structure of G. B. Innovative Technical Solutions?

In 2015, G. B. Innovative Technical Solutions had a promoter holding of 7.74% and a public holding of 92.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹36.74 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Canara Bank : 3.67 Cr

Latest Charge Details

DateLenderAmountStatus
13 Aug 2007Canara Bank₹3.67 CrOpen

How Many Employees Work at G. B. Innovative Technical Solutions?

G. B. Innovative Technical Solutions has a workforce of 0 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of G. B. Innovative Technical Solutions, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped G. B. Innovative Technical Solutions's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on G. B. Innovative Technical Solutions

Recent activity within the organization

  • Annual General Meeting

    G. B. Innovative Technical Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2015 as per latest MCA records.

    30 Sep 2015

  • Balance Sheet

    G. B. Innovative Technical Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Bangalore.

    31 Mar 2015

  • Charges

    A charge with Canara Bank of Rs. 36.74 M registered on 13 Aug 2007 with Charge ID 10063888 was modified on 12 Oct 2011.

    12 Oct 2011

  • Charges

    A charge with Canara Bank amounted to Rs. 36.74 M with Charge ID 10063888 was registered on 13 Aug 2007.

    13 Aug 2007

  • Director Appointment

    Shekar Ghatigeppa Sasalatti was appointed as a Managing Director was appointed as a Managing Director on 23 Jan 2007 & has been associated with this company since 18 years 1 month .

    23 Jan 2007

  • Director Appointment

    Shivaleela Shakar Sasalatti was appointed as a Director was appointed as a Director on 23 Jan 2007 & has been associated with this company since 18 years 1 month .

    23 Jan 2007

Frequently asked questions

  • What is the Incorporation or founding date of G. B. Innovative Technical Solutions Private Limited?

    G. B. Innovative Technical Solutions Private Limited was incorporated on 23 Jan 2007.

  • What is authorized share capital and paid-up capital of G. B. Innovative Technical Solutions Private Limited?

    The authorized share capital of G. B. Innovative Technical Solutions Private Limited is ₹ 9.00 M and paid-up capital is ₹ 8.92 M.

  • Who are the current board members & directors of G. B. Innovative Technical Solutions Private Limited?

    Currently 2 directors are associated with G. B. Innovative Technical Solutions Private Limited.

    • Shekar Ghatigeppa Sasalatti
    • Shivaleela Shakar Sasalatti
  • What is the registered address of G. B. Innovative Technical Solutions Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of G. B. Innovative Technical Solutions Private Limited is 3 Amarjyothinagar Nagarabhavi Main Road, India, Bangalore, Karnataka, 560040.

  • What is the corporate identification number (CIN) and company number of G. B. Innovative Technical Solutions Private Limited?

    The corporate identification number (CIN) of G. B. Innovative Technical Solutions Private Limited is U29113KA2007PTC041544 and the company number is 041544 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for G. B. Innovative Technical Solutions Private Limited?

    According to the financial reports for the fiscal year 2015, the revenue trend for G. B. Innovative Technical Solutions Private Limited has risen by 12.79%.

  • What change has been observed in the net worth of G. B. Innovative Technical Solutions Private Limited, and by what percentage?

    The financial reports for the fiscal year 2015 indicates that The net worth of G. B. Innovative Technical Solutions Private Limited has experienced an upsurge of 22.92%.

  • What are the total open charges for G. B. Innovative Technical Solutions Private Limited?

    As per the financial statements for fiscal Year 2015, The total open charges for G. B. Innovative Technical Solutions Private Limited amount to ₹ 3.67 Cr.

  • When was the last Balance Sheet of G. B. Innovative Technical Solutions Private Limited filed with the ROC?

    The most recent Balance Sheet for G. B. Innovative Technical Solutions Private Limited was filed with the ROC on 31 Mar 2015.