G. C. Threads Private Limited

Produces cotton and blended yarn using open-end textile technology with 8 machines and 3,328 rotors.

2010 | Patiala, Punjab (India) | Active
Last Updated: November 15, 2024

G. C. Threads Profile

Key Indicators

  • Authorised Capital ₹ 13.00 Cr
  • Paid Up Capital ₹ 12.83 Cr
  • Company Age 14 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 15.00 Cr
  • Satisfied Charges ₹ 43.00 Cr
  • Revenue Growth 2.16%
  • Profit Growth -61.44%
  • Ebitda -54.56%
  • Net Worth 6.91%
  • Total Assets -5.79%

About G. C. Threads

G. C. Threads Private Limited (GCTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 August 2010 and has a history of 14 years and six months. Its registered office is in Patiala, Punjab, India.

The Company is engaged in the Appreal & Fashion Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 13.00 Cr and a paid-up capital of Rs 12.83 Cr.

The company currently has active open charges totaling ₹15.00 Cr. The company has closed loans amounting to ₹43.00 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at G. C. Threads Private Limited India is Harvinder Kaur as COMPANY SECRETARY. Ramesh Kumar and Sham Lal serve as directors at the Company.

Company Details

  • Location

    Patiala, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17200PB2010PTC034160

  • Company No.

    034160

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Aug 2010

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Appreal & Fashion

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

Executive Team (1)

NameDesignationAppointment DateStatus
Harvinder Kaur Company Secretary16-Jan-2015Current

Board Members (2)

NameDesignationAppointment DateStatus
Ramesh Kumar Country flag representing In Director Current
Sham Lal Country flag representing In Director 09-Aug-2010Current

Financial Performance of G. C. Threads.

G. C. Threads Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 2.16% increase. The company also saw a substantial fall in profitability, with a 61.44% decrease in profit. The company's net worth moved up by a moderate rise of 6.91%.

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
2.16%
Revenue from Operations
2.14%
Total Assets
-5.79%
Profit or Loss
-61.44%
Net Worth
6.91%
EBITDA
-54.56%

What is the Ownership and Shareholding Structure of G. C. Threads?

In 2023, G. C. Threads had a promoter holding of 2.27% and a public holding of 97.74%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹15.00 Cr

Satisfied Charges

₹43.00 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 15.00 Cr

Latest Charge Details

DateLenderAmountStatus
13 Sep 2019Axis Bank Limited₹15.00 CrOpen
24 Feb 2017Others₹8.00 CrSatisfied
02 Dec 2013Punjab National Bank₹15.00 CrSatisfied
09 Jun 2011Others₹20.00 CrSatisfied

How Many Employees Work at G. C. Threads?

G. C. Threads has a workforce of 14 employees as of Apr 09, 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. Threads, 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. Threads'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. Threads

Recent activity within the organization

  • Annual General Meeting

    G. C. Threads Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    G. C. Threads Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

    31 Mar 2024

  • Charges

    A charge with Axis Bank Limited of Rs. 15.00 Cr registered on 13 Sep 2019 with Charge ID 100292664 was modified on 09 Sep 2022.

    09 Sep 2022

  • Charges

    A charge registered on 09 Jun 2011 via Charge ID 10296567 with Others was fully satisfied on 25 Sep 2019.

    25 Sep 2019

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 15.00 Cr with Charge ID 100292664 was registered on 13 Sep 2019.

    13 Sep 2019

  • Charges

    A charge with Others of Rs. 20.00 Cr registered on 09 Jun 2011 with Charge ID 10296567 was modified on 02 May 2019.

    02 May 2019

Frequently asked questions

  • G. C. Threads Private Limited was incorporated on 09 Aug 2010.

  • The authorized share capital of G. C. Threads Private Limited is ₹ 13.00 Cr and paid-up capital is ₹ 12.83 Cr.

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

    • Ramesh Kumar
    • Harvinder Kaur
    • Sham Lal
  • As per Ministry of Corporate Affairs (Mca), the registered address of G. C. Threads Private Limited is Bhawanigarh Road, India, Samana, Punjab, 147101.

  • The corporate identification number (CIN) of G. C. Threads Private Limited is U17200PB2010PTC034160 and the company number is 034160 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for G. C. Threads Private Limited has risen by 2.16%.

  • As Per 2023 financial reports, 14 employees are currently employed by G. C. Threads Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of G. C. Threads Private Limited has experienced an upsurge of 6.91%.

  • As per the financial statements for fiscal Year 2023, The total open charges for G. C. Threads Private Limited amount to ₹ 15.00 Cr.

  • The most recent Balance Sheet for G. C. Threads Private Limited was filed with the ROC on 31 Mar 2024.

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