G C G Silk Mills Private Limited

Textile manufacturing company based in Gujarat, established in 1986.

1986 | Surat, Gujarat (India) | Active
Last Updated:

G C G Silk Mills Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 39 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 3.50 Cr
  • Satisfied Charges ₹ 6.50 M
  • Revenue Growth 12.79%
  • Profit Growth 13.72%
  • Ebitda -9.43%
  • Net Worth 3.27%
  • Total Assets -15.56%

About G C G Silk Mills

G C G Silk Mills Private Limited (GCGSMPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 02 April 1986 and has a history of 39 years and one month. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Mithun Silk Mills Private Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹3.50 Cr. The company has closed loans amounting to ₹6.50 M, as per Ministry of Corporate Affairs (MCA) records.

Sushilkumar Agarwal, Ashu Agarwal, and Parth Agarwal serve as directors at the Company.

Company Details

  • Location

    Surat, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U17116GJ1986PTC008590

  • Company No.

    008590

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    02 Apr 1986

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Company report

G C G Silk Mills Private Limited

Explore comprehensive data for G C G Silk Mills Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at G C G Silk Mills?

Board Members (3)

NameDesignationAppointment DateStatus
Sushilkumar Agarwal Country flag representing In Director 02-Apr-1986Current
Ashu Agarwal Country flag representing In Director 01-Apr-2012Current
Parth Agarwal Country flag representing In Director 09-Mar-2023Current

Financial Performance of G C G Silk Mills.

G C G Silk Mills Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 12.79% increase. The company also saw a substantial improvement in profitability, with a 13.72% increase in profit. The company's net worth moved up by a moderate rise of 3.27%.

G C G Silk Mills revenue growth over time
G C G Silk Mills 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
12.79%
Total Assets
-15.56%
Profit or Loss
13.72%
Net Worth
3.27%
EBITDA
-9.43%

What is the Ownership and Shareholding Structure of G C G Silk Mills?

In 2023, G C G Silk Mills had a promoter holding of 19.00% and a public holding of 81.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹3.50 Cr

Satisfied Charges

₹0.65 Cr

Charges Breakdown by Lending Institutions

  • Tamilnad Mercantile Bank Limited : 3.50 Cr

Latest Charge Details

DateLenderAmountStatus
21 Mar 2024Tamilnad Mercantile Bank Limited₹3.50 CrOpen
03 Mar 2007Rajkot Nagrik Sahakari Bank Limited₹6.50 MSatisfied

How Many Employees Work at G C G Silk Mills?

Unlock and access historical data on people associated with G C G Silk Mills, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Employee growth trends for G C G Silk Mills Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of G C G Silk Mills, 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 C G Silk Mills'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 C G Silk Mills

Recent activity within the organization

  • Charges

    A charge with Tamilnad Mercantile Bank Limited amounted to Rs. 3.50 Cr with Charge ID 100931117 was registered on 21 Mar 2024.

  • Annual General Meeting

    G C G Silk Mills Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    G C G Silk Mills Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

  • Director Appointment

    Parth Agarwal was appointed as a Director was appointed as a Director on 09 Mar 2023 & has been associated with this company since 2 years 2 months .

  • Director Appointment

    Ashu Sushilkumar Agarwal was appointed as a Director was appointed as a Director on 01 Apr 2012 & has been associated with this company since 13 years 1 month .

  • Charges

    A charge registered on 03 Mar 2007 via Charge ID 10041466 with Rajkot Nagrik Sahakari Bank Limited was fully satisfied on 29 Dec 2009.

Frequently asked questions

  • What is the Incorporation or founding date of G C G Silk Mills Private Limited?

    G C G Silk Mills Private Limited was incorporated on 02 Apr 1986.

  • What is authorized share capital and paid-up capital of G C G Silk Mills Private Limited?

    The authorized share capital of G C G Silk Mills Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of G C G Silk Mills Private Limited?

    Currently 3 directors are associated with G C G Silk Mills Private Limited.

    • Sushilkumar Gulabchand Agarwal
    • Ashu Sushilkumar Agarwal
    • Parth Agarwal

  • What is the registered address of G C G Silk Mills Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of G C G Silk Mills Private Limited is Z-2169 Surat Textile Marketring Road, Gujarat, India, 395001.

  • What is the corporate identification number (CIN) and company number of G C G Silk Mills Private Limited?

    The corporate identification number (CIN) of G C G Silk Mills Private Limited is U17116GJ1986PTC008590 and the company number is 008590 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for G C G Silk Mills Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for G C G Silk Mills Private Limited has risen by 12.79%.

  • What change has been observed in the net worth of G C G Silk Mills Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of G C G Silk Mills Private Limited has experienced an upsurge of 3.27%.

  • What are the total open charges for G C G Silk Mills Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for G C G Silk Mills Private Limited amount to ₹ 3.50 Cr.

  • When was the last Balance Sheet of G C G Silk Mills Private Limited filed with the ROC?

    The most recent Balance Sheet for G C G Silk Mills Private Limited was filed with the ROC on 31 Mar 2023.

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