G M S Processors Private Limited

Dyeing hosiery fabric with advanced machinery for quality and efficiency. Serving top customers and suppliers since 2002.

2002 | Erode, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

G M S Processors Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 4.00 Cr
  • Company Age 22 Year, 5 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 48.36 Cr
  • Satisfied Charges ₹ 9.68 Cr
  • Revenue Growth -6.13%
  • Profit Growth -74.56%
  • Ebitda -39.66%
  • Net Worth 9.64%
  • Total Assets -8.82%

About G M S Processors

G M S Processors Private Limited (GMSPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 19 September 2002 and has a history of 22 years and five months. Its registered office is in Erode, Tamil Nadu, India.

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 4.00 Cr and a paid-up capital of Rs 4.00 Cr.

The company currently has active open charges totaling ₹48.36 Cr. The company has closed loans amounting to ₹9.68 Cr, as per Ministry of Corporate Affairs (MCA) records.

Bindiya Karnani, Sharan Karnani, and Govind Karnani serve as directors at the Company.

Company Details

  • Location

    Erode, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gmsprocessors.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17121TZ2002PTC010320

  • Company No.

    010320

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    19 Sep 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at G M S Processors?

Board Members (3)

NameDesignationAppointment DateStatus
Bindiya Karnani Country flag representing Gb Director 30-Sep-2014Current
Sharan Karnani Country flag representing In Director 30-Sep-2014Current
Govind Karnani Country flag representing In Whole-Time Director 19-Sep-2002Current

Financial Performance of G M S Processors.

G M S Processors Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.13% decrease. The company also saw a substantial fall in profitability, with a 74.56% decrease in profit. The company's net worth moved up by a moderate rise of 9.64%.

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
-6.13%
Revenue from Operations
-6.58%
Total Assets
-8.82%
Profit or Loss
-74.56%
Net Worth
9.64%
EBITDA
-39.66%

What is the Ownership and Shareholding Structure of G M S Processors?

In 2023, G M S Processors had a promoter holding of 65.20% and a public holding of 34.79%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹48.36 Cr

Satisfied Charges

₹9.68 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 35.46 Cr
  • Yes Bank Limited : 12.90 Cr

Latest Charge Details

DateLenderAmountStatus
11 Dec 2023Axis Bank Limited₹35.46 CrOpen
14 May 2018Yes Bank Limited₹12.90 CrOpen
26 Mar 2003Bank Of India₹8.68 CrSatisfied
26 Mar 2003Bank Of India₹1.00 CrSatisfied

How Many Employees Work at G M S Processors?

G M S Processors has a workforce of 78 employees as of Mar 20, 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 M S Processors, 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 S Processors'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 S Processors

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited of Rs. 12.90 Cr registered on 14 May 2018 with Charge ID 100188946 was modified on 01 Jun 2024.

    01 Jun 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 35.46 Cr with Charge ID 100837808 was registered on 11 Dec 2023.

    11 Dec 2023

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    G M S Processors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Coimbatore.

    31 Mar 2023

  • Charges

    A charge registered on 26 Mar 2003 via Charge ID 90004068 with Bank Of India was fully satisfied on 10 Sep 2018.

    10 Sep 2018

  • Charges

    A charge registered on 26 Mar 2003 via Charge ID 80024771 with Bank Of India was fully satisfied on 10 Sep 2018.

    10 Sep 2018

Frequently asked questions

  • G M S Processors Private Limited was incorporated on 19 Sep 2002.

  • The authorized share capital of G M S Processors Private Limited is ₹ 4.00 Cr and paid-up capital is ₹ 4.00 Cr.

  • Currently 3 directors are associated with G M S Processors Private Limited.

    • Bindiya Karnani
    • Sharan Karnani
    • Govind Chandiram Karnani
  • As per Ministry of Corporate Affairs (Mca), the registered address of G M S Processors Private Limited is Kiran Gardenarul Puram Palladam Road Tirupur India, Coimbatore Dist, Tamil Nadu, 641605.

  • The corporate identification number (CIN) of G M S Processors Private Limited is U17121TZ2002PTC010320 and the company number is 010320 as per Ministry of Corporate Affairs (MCA).

  • The Official website of G M S Processors Private Limited is https://www.gmsprocessors.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for G M S Processors Private Limited has fallen by -6.13%.

  • As Per 2023 financial reports, 78 employees are currently employed by G M S Processors Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of G M S Processors Private Limited has experienced an upsurge of 9.64%.

  • As per the financial statements for fiscal Year 2023, The total open charges for G M S Processors Private Limited amount to ₹ 48.36 Cr.

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

People also Viewed

Similar Companies Based on Textile & Fabric Production