G K Founders Private Limited

Manufactures aluminum alloys/ingots from scrap for various industries, with global reach.

1988 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

G K Founders Profile

Key Indicators

  • Authorised Capital ₹ 5.00 Cr
  • Paid Up Capital ₹ 2.40 Cr
  • Company Age 36 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 48.94 Cr
  • Satisfied Charges ₹ 113.77 Cr
  • Revenue Growth -4.62%
  • Profit Growth -61.31%
  • Ebitda -49.19%
  • Net Worth 5.09%
  • Total Assets 5.83%

About G K Founders

G K Founders Private Limited (GKFPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 October 1988 and has a history of 36 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Metals And Minerals 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 5.00 Cr and a paid-up capital of Rs 2.40 Cr.

The company currently has active open charges totaling ₹48.94 Cr. The company has closed loans amounting to ₹113.77 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mahesh Ranka, Parvesh Ranka, and Sohanlal Ranka serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gkfounders.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27310MH1988PTC049143

  • Company No.

    049143

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Oct 1988

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Metals and Minerals

What products or services does G K Founders Private Limited offer?

G K Founders Private Limited offers a wide range of products and services, including Metal Alloys, Aluminum Alloys, Die Casting, Aluminium Die Casting, Metal & Metal Made Products, Metal Ingots, Electric Fittings & Components, Anodes.

Who are the key members and board of directors at G K Founders?

Board Members (3)

NameDesignationAppointment DateStatus
Mahesh Ranka Country flag representing In Director 28-Jul-2020Current
Parvesh Ranka Country flag representing In Director 20-Mar-2008Current
Sohanlal Ranka Country flag representing In Director 11-Oct-1988Current

Financial Performance of G K Founders.

G K Founders Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.62% decrease. The company also saw a substantial fall in profitability, with a 61.31% decrease in profit. The company's net worth moved up by a moderate rise of 5.09%.

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
-4.62%
Revenue from Operations
-4.35%
Total Assets
5.83%
Profit or Loss
-61.31%
Net Worth
5.09%
EBITDA
-49.19%

What is the Ownership and Shareholding Structure of G K Founders?

In 2023, G K Founders had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹48.94 Cr

Satisfied Charges

₹113.77 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 40.94 Cr
  • Canara Bank : 8.00 Cr

Latest Charge Details

DateLenderAmountStatus
04 Mar 2020Hdfc Bank Limited₹40.94 CrOpen
16 Sep 2015Canara Bank₹8.00 CrOpen
04 Dec 2015Others₹28.90 CrSatisfied
29 Oct 2010Industrial Development Bank Of India Limited₹3.00 CrSatisfied
03 Aug 2009State Bank Of India₹26.80 CrSatisfied

How Many Employees Work at G K Founders?

G K Founders has a workforce of 33 employees as of Mar 31, 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 K Founders, 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 K Founders'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 K Founders

Recent activity within the organization

  • Annual General Meeting

    G K Founders 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 K Founders Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with Canara Bank of Rs. 8.00 Cr registered on 16 Sep 2015 with Charge ID 10596397 was modified on 31 Mar 2022.

    31 Mar 2022

  • Charges

    A charge registered on 04 Dec 2015 via Charge ID 10610204 with Others was fully satisfied on 30 Mar 2022.

    30 Mar 2022

  • Charges

    A charge with Hdfc Bank Limited of Rs. 40.94 Cr registered on 04 Mar 2020 with Charge ID 100328120 was modified on 09 Mar 2022.

    09 Mar 2022

  • Director Appointment

    Mahesh Sohanlal Ranka was appointed as a Director was appointed as a Director on 28 Jul 2020 & has been associated with this company since 4 years 7 months .

    28 Jul 2020

Frequently asked questions

  • G K Founders Private Limited was incorporated on 11 Oct 1988.

  • The authorized share capital of G K Founders Private Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.40 Cr.

  • Currently 3 directors are associated with G K Founders Private Limited.

    • Mahesh Sohanlal Ranka
    • Parvesh Sohanlal Ranka
    • Sohanlal Ghevarchand Ranka
  • As per Ministry of Corporate Affairs (Mca), the registered address of G K Founders Private Limited is C/407 Jyoti Plaza S. V. Road Opp. Anandvan Ashram Kandivali (West), India, Mumbai, Maharashtra, 400067.

  • The corporate identification number (CIN) of G K Founders Private Limited is U27310MH1988PTC049143 and the company number is 049143 as per Ministry of Corporate Affairs (MCA).

  • The Official website of G K Founders Private Limited is https://www.gkfounders.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for G K Founders Private Limited has fallen by -4.62%.

  • As Per 2023 financial reports, 33 employees are currently employed by G K Founders Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of G K Founders Private Limited has experienced an upsurge of 5.09%.

  • As per the financial statements for fiscal Year 2023, The total open charges for G K Founders Private Limited amount to ₹ 48.94 Cr.

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

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