G L Sarees Private Limited

Textile trading company incorporated in 1990, based in Surat, Gujarat.

1990 | Surat, Gujarat (India) | Active
Last Updated:

G L Sarees Profile

Key Indicators

  • Authorised Capital ₹ 2.85 Cr
  • Paid Up Capital ₹ 2.85 Cr
  • Company Age 34 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 8.40 Cr
  • Satisfied Charges ₹ 6.45 Cr
  • Revenue Growth -1.63%
  • Profit Growth -145.59%
  • Ebitda -16.57%
  • Net Worth 39.87%
  • Total Assets 14.77%

About G L Sarees

G L Sarees Private Limited (GLSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 07 August 1990 and has a history of 34 years and nine months. Its registered office is in Surat, Gujarat, India.

The Corporate was formerly known as Rishabh Polyester 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 2024. It's a company limited by shares with an authorized capital of Rs 2.85 Cr and a paid-up capital of Rs 2.85 Cr.

The company currently has active open charges totaling ₹8.40 Cr. The company has closed loans amounting to ₹6.45 Cr, as per Ministry of Corporate Affairs (MCA) records.

Mukesh Agarwal and Saloni 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

    U17100GJ1990PTC014139

  • Company No.

    014139

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    07 Aug 1990

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing
Company report

G L Sarees Private Limited

Explore comprehensive data for G L Sarees Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at G L Sarees?

Board Members (2)

NameDesignationAppointment DateStatus
Mukesh Agarwal Country flag representing In Director 01-Jun-2004Current
Saloni Agarwal Country flag representing In Director 06-Apr-2018Current

Financial Performance of G L Sarees.

G L Sarees Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 1.63% decrease. The company also saw a substantial fall in profitability, with a 145.59% decrease in profit. The company's net worth Soared by an impressive increase of 39.87%.

G L Sarees revenue growth over time
G L Sarees 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
-1.63%
Revenue from Operations
-2.21%
Total Assets
14.77%
Profit or Loss
-145.59%
Net Worth
39.87%
EBITDA
-16.57%

What is the Ownership and Shareholding Structure of G L Sarees?

In 2022, G L Sarees had a promoter holding of 89.90%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹8.40 Cr

Satisfied Charges

₹6.45 Cr

Charges Breakdown by Lending Institutions

  • Others : 8.40 Cr

Latest Charge Details

DateLenderAmountStatus
24 Jul 2020Others₹1.40 CrOpen
19 Oct 2006Others₹7.00 CrOpen
03 Feb 2012Standard Chartered Bank₹5.00 CrSatisfied
18 Aug 2005State Bank Of Bikaner And Jaipur₹1.45 CrSatisfied

How Many Employees Work at G L Sarees?

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

Employee growth trends for G L Sarees Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of G L Sarees, 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 L Sarees'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 L Sarees

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    G L Sarees Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Others amounted to Rs. 1.40 Cr with Charge ID 100355018 was registered on 24 Jul 2020.

  • Charges

    A charge with Others of Rs. 7.00 Cr registered on 19 Oct 2006 with Charge ID 10027554 was modified on 26 Feb 2020.

  • Director Appointment

    Saloni Agarwal was appointed as a Director was appointed as a Director on 06 Apr 2018 & has been associated with this company since 7 years 1 month .

  • Charges

    A charge registered on 03 Feb 2012 via Charge ID 10341129 with Standard Chartered Bank was fully satisfied on 11 Sep 2012.

Frequently asked questions

  • What is the Incorporation or founding date of G L Sarees Private Limited?

    G L Sarees Private Limited was incorporated on 07 Aug 1990.

  • What is authorized share capital and paid-up capital of G L Sarees Private Limited?

    The authorized share capital of G L Sarees Private Limited is ₹ 2.85 Cr and paid-up capital is ₹ 2.85 Cr.

  • Who are the current board members & directors of G L Sarees Private Limited?

    Currently 2 directors are associated with G L Sarees Private Limited.

    • Mukesh Kumar Agarwal
    • Saloni Agarwal

  • What is the registered address of G L Sarees Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of G L Sarees Private Limited is E-5622 Raghukul Textile Market Ring Road, India, Surat, Gujarat, 395002.

  • What is the corporate identification number (CIN) and company number of G L Sarees Private Limited?

    The corporate identification number (CIN) of G L Sarees Private Limited is U17100GJ1990PTC014139 and the company number is 014139 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for G L Sarees Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for G L Sarees Private Limited has fallen by -1.63%.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of G L Sarees Private Limited has experienced an upsurge of 39.87%.

  • What are the total open charges for G L Sarees Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for G L Sarees Private Limited amount to ₹ 8.40 Cr.

  • When was the last Balance Sheet of G L Sarees Private Limited filed with the ROC?

    The most recent Balance Sheet for G L Sarees Private Limited was filed with the ROC on 31 Mar 2024.

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