G C Spintex Private Limited

Produces and sells cotton yarn.

1999 | Punjab, Punjab (India) | Active
Last Updated: July 17, 2024

G C Spintex Profile

Key Indicators

  • Authorised Capital ₹ 6.00 Cr
  • Paid Up Capital ₹ 5.84 Cr
  • Company Age 25 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.25 Cr
  • Satisfied Charges ₹ 13.10 Cr
  • Revenue Growth 9.53%
  • Profit Growth -38.73%
  • Ebitda -40.14%
  • Net Worth 9.96%
  • Total Assets 12.12%

About G C Spintex

G C Spintex Private Limited (GCSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 September 1999 and has a history of 25 years and five months. Its registered office is in Punjab, Punjab, India.

The Corporate was formerly known as G C Spintex 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 6.00 Cr and a paid-up capital of Rs 5.84 Cr.

The company currently has active open charges totaling ₹10.25 Cr. The company has closed loans amounting to ₹13.10 Cr, as per Ministry of Corporate Affairs (MCA) records.

Vivek Garg, Ramesh Kumar, and Aruna Garg serve as directors at the Company.

Company Details

  • Location

    Punjab, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17219PB1999PTC022951

  • Company No.

    022951

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Sep 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

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

Board Members (3)

NameDesignationAppointment DateStatus
Vivek Garg Country flag representing In Director 20-Mar-2001Current
Ramesh Kumar Country flag representing In Director 21-Aug-2023Current
Aruna Garg Country flag representing In Whole-Time Director 01-May-2009Current

Financial Performance of G C Spintex.

G C Spintex Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.53% increase. The company also saw a substantial fall in profitability, with a 38.73% decrease in profit. The company's net worth moved up by a moderate rise of 9.96%.

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
9.53%
Revenue from Operations
9.46%
Total Assets
12.12%
Profit or Loss
-38.73%
Net Worth
9.96%
EBITDA
-40.14%

What is the Ownership and Shareholding Structure of G C Spintex?

In 2023, G C Spintex had a promoter holding of 34.88% and a public holding of 65.12%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.25 Cr

Satisfied Charges

₹13.10 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 10.25 Cr

Latest Charge Details

DateLenderAmountStatus
04 Jan 2020Axis Bank Limited₹10.25 CrOpen
26 Apr 2005Oriental Bank Of Commerce₹1.50 CrSatisfied
29 May 2003Oriental Bank Of Commerce₹3.00 CrSatisfied
31 Dec 2001Others₹6.60 CrSatisfied
17 Feb 2000Oriental Bank Of Commerce₹2.00 CrSatisfied

How Many Employees Work at G C Spintex?

G C Spintex has a workforce of 27 employees as of Apr 06, 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 C Spintex, 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 Spintex'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 Spintex

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Director Appointment

    Ramesh Kumar was appointed as a Director was appointed as a Director on 21 Aug 2023 & has been associated with this company since 1 year 6 months .

    21 Aug 2023

  • Balance Sheet

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

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 10.25 Cr registered on 04 Jan 2020 with Charge ID 100320818 was modified on 09 Sep 2022.

    09 Sep 2022

  • Charges

    A charge registered on 31 Dec 2001 via Charge ID 90176031 with Others was fully satisfied on 28 Jan 2020.

    28 Jan 2020

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 10.25 Cr with Charge ID 100320818 was registered on 04 Jan 2020.

    04 Jan 2020

Frequently asked questions

  • G C Spintex Private Limited was incorporated on 23 Sep 1999.

  • The authorized share capital of G C Spintex Private Limited is ₹ 6.00 Cr and paid-up capital is ₹ 5.84 Cr.

  • Currently 3 directors are associated with G C Spintex Private Limited.

    • Vivek Garg
    • Ramesh Kumar
    • Aruna Garg
  • As per Ministry of Corporate Affairs (Mca), the registered address of G C Spintex Private Limited is Bhawanigarh Roadsamana Distt Patiala, Punjab, India, 147101.

  • The corporate identification number (CIN) of G C Spintex Private Limited is U17219PB1999PTC022951 and the company number is 022951 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for G C Spintex Private Limited has risen by 9.53%.

  • As Per 2023 financial reports, 27 employees are currently employed by G C Spintex Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of G C Spintex Private Limited has experienced an upsurge of 9.96%.

  • As per the financial statements for fiscal Year 2023, The total open charges for G C Spintex Private Limited amount to ₹ 10.25 Cr.

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

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