G M Knitting Industries Pvt Ltd

Wholesale trading of yarn and fabrics since 1987 in Punjab.

1987 | Ludhiana, Punjab (India) | Active
Last Updated: December 09, 2024

G M Knitting Industries Profile

Key Indicators

  • Authorised Capital ₹ 4.95 Cr
  • Paid Up Capital ₹ 4.73 Cr
  • Company Age 38 Year, 19 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 220.84 Cr
  • Satisfied Charges ₹ 102.82 Cr
  • Revenue Growth 68.81%
  • Profit Growth 332.69%
  • Ebitda 392.54%
  • Net Worth 11.01%
  • Total Assets -0.78%

About G M Knitting Industries

G M Knitting Industries Pvt Ltd (GMKIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 09 February 1987 and has a history of 38 years. Its registered office is in Ludhiana, Punjab, India.

The Company is engaged in the Home & Lifestyle 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 4.95 Cr and a paid-up capital of Rs 4.73 Cr.

The company currently has active open charges totaling ₹220.84 Cr. The company has closed loans amounting to ₹102.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

Harbanskaur Chugha, Gurvindercharan Singh, Gurcharan Sardar, and One other member serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gmfabrics.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U99999PB1987PTC007281

  • Company No.

    007281

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    09 Feb 1987

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Home & Lifestyle

Who are the key members and board of directors at G M Knitting Industries?

Financial Performance of G M Knitting Industries.

G M Knitting Industries Pvt Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 68.81% increase. The company also saw a substantial improvement in profitability, with a 332.69% increase in profit. The company's net worth Soared by an impressive increase of 11.01%.

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
68.81%
Revenue from Operations
69.52%
Total Assets
-0.78%
Profit or Loss
332.69%
Net Worth
11.01%
EBITDA
392.54%

What is the Ownership and Shareholding Structure of G M Knitting Industries?

In 2023, G M Knitting Industries had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹220.84 Cr

Satisfied Charges

₹102.82 Cr

Charges Breakdown by Lending Institutions

  • Others : 123.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 50.00 Cr
  • Hdfc Bank Limited : 30.00 Cr
  • Bank International Indonesia : 15.00 Cr
  • Punjab And Sind Bank : 0.97 Cr
  • Others : 1.87 Cr

Latest Charge Details

DateLenderAmountStatus
27 Nov 2019Hdfc Bank Limited₹30.00 CrOpen
30 Jul 2019Others₹63.00 CrOpen
20 Dec 2018The Hongkong And Shanghai Banking Corporation Limited₹50.00 CrOpen
20 Apr 2016Others₹60.00 CrOpen
31 Mar 2015Bank International Indonesia₹15.00 CrOpen

How Many Employees Work at G M Knitting Industries?

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

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of G M Knitting Industries, 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 M Knitting Industries'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 M Knitting Industries

Recent activity within the organization

  • Annual General Meeting

    G M Knitting Industries Pvt Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    G M Knitting Industries Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100310172 was registered on 27 Nov 2019.

    27 Nov 2019

  • Charges

    A charge with Others amounted to Rs. 63.00 Cr with Charge ID 100280254 was registered on 30 Jul 2019.

    30 Jul 2019

  • Charges

    A charge with Others of Rs. 60.00 Cr registered on 20 Apr 2016 with Charge ID 100027126 was modified on 08 Jul 2019.

    08 Jul 2019

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 50.00 Cr registered on 20 Dec 2018 with Charge ID 100239965 was modified on 09 Apr 2019.

    09 Apr 2019

Frequently asked questions

  • What is the Incorporation or founding date of G M Knitting Industries Pvt Ltd?

    G M Knitting Industries Pvt Ltd was incorporated on 09 Feb 1987.

  • What is authorized share capital and paid-up capital of G M Knitting Industries Pvt Ltd?

    The authorized share capital of G M Knitting Industries Pvt Ltd is ₹ 4.95 Cr and paid-up capital is ₹ 4.73 Cr.

  • Who are the current board members & directors of G M Knitting Industries Pvt Ltd?

    Currently 4 directors are associated with G M Knitting Industries Pvt Ltd.

    • Harbanskaur Gurcharansingh Chugha
    • Gurvindercharan Sardar Singh
    • Gurcharan Singh Sardar
    • Ramanjit Gurvinder Kaur
  • What is the registered address of G M Knitting Industries Pvt Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of G M Knitting Industries Pvt Ltd is 112-R, Model Town India, Ludhiyana, Punjab, 141002.

  • What is the corporate identification number (CIN) and company number of G M Knitting Industries Pvt Ltd?

    The corporate identification number (CIN) of G M Knitting Industries Pvt Ltd is U99999PB1987PTC007281 and the company number is 007281 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of G M Knitting Industries Pvt Ltd?

    The Official website of G M Knitting Industries Pvt Ltd is https://www.gmfabrics.com

  • What has been the recent revenue trend for G M Knitting Industries Pvt Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for G M Knitting Industries Pvt Ltd has risen by 68.81%.

  • What change has been observed in the net worth of G M Knitting Industries Pvt Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of G M Knitting Industries Pvt Ltd has experienced an upsurge of 11.01%.

  • What are the total open charges for G M Knitting Industries Pvt Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for G M Knitting Industries Pvt Ltd amount to ₹ 220.84 Cr.

  • When was the last Balance Sheet of G M Knitting Industries Pvt Ltd filed with the ROC?

    The most recent Balance Sheet for G M Knitting Industries Pvt Ltd was filed with the ROC on 31 Mar 2023.