G V G Industries Private Limited

Manufacturer of high-quality cotton yarn for various textile applications.

1980 | Coimbatore, Tamil Nadu (India) | Active
Last Updated: October 24, 2024

G V G Industries Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 2.00 Cr
  • Company Age 44 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 37.42 Cr
  • Satisfied Charges ₹ 43.05 Cr
  • Revenue Growth -4.05%
  • Profit Growth -83.33%
  • Ebitda -74.26%
  • Net Worth 4.56%
  • Total Assets 8.84%

About G V G Industries

G V G Industries Private Limited (GVGIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 11 September 1980 and has a history of 44 years and four months. Its registered office is in Coimbatore, Tamil Nadu, India.

The Corporate was formerly known as G V G Industries Limited. The Company is engaged in the Environment 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 2.00 Cr and a paid-up capital of Rs 2.00 Cr.

The company currently has active open charges totaling ₹37.42 Cr. The company has closed loans amounting to ₹43.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

Muthuswamy Amarnath, Muthuswamy Veluswamy, Vijayasekaran Veluswamy, and One other member serve as directors at the Company.

Company Details

  • Location

    Coimbatore, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17111TZ1980PTC006887

  • Company No.

    006887

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    11 Sep 1980

  • Date of AGM

    23 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Environment
Manufacturing

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

Executive Team (1)

NameDesignationAppointment DateStatus
Muthuswamy Veluswamy Country flag representing In Managing Director11-Sep-1980Current

Board Members (3)

NameDesignationAppointment DateStatus
Vijayasekaran Veluswamy Country flag representing In Director 27-Aug-2015Current
Muthuswamy Amarnath Country flag representing In Director 11-Sep-1980Current
Veluswamy Hema Country flag representing In Director 30-Apr-2007Current

Financial Performance of G V G Industries.

G V G Industries Private Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 4.05% decrease. The company also saw a substantial fall in profitability, with a 83.33% decrease in profit. The company's net worth moved up by a moderate rise of 4.56%.

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
-4.05%
Revenue from Operations
-4.54%
Total Assets
8.84%
Profit or Loss
-83.33%
Net Worth
4.56%
EBITDA
-74.26%

What is the Ownership and Shareholding Structure of G V G Industries?

In 2023, G V G Industries had a promoter holding of 30.30% and a public holding of 69.70%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹37.42 Cr

Satisfied Charges

₹43.05 Cr

Charges Breakdown by Lending Institutions

  • Indian Bank : 34.52 Cr
  • The Industrial Credit & Investment Corporation Ltd. : 2.75 Cr
  • Axis Bank Limited : 0.15 Cr

Latest Charge Details

DateLenderAmountStatus
10 Aug 2015Axis Bank Limited₹0.60 MOpen
28 Jul 2014Axis Bank Limited₹0.90 MOpen
28 Mar 1994The Industrial Credit & Investment Corporation Ltd.₹2.75 CrOpen
28 Aug 1984Indian Bank₹34.52 CrOpen
14 Dec 2012Others₹4.50 CrSatisfied

How Many Employees Work at G V G Industries?

G V G Industries has a workforce of 350 employees as of Apr 08, 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 V G 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 V G 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 V G Industries

Recent activity within the organization

  • Annual General Meeting

    G V G Industries Private Limited last Annual general meeting of members was held on 23 Sep 2024 as per latest MCA records.

    23 Sep 2024

  • Balance Sheet

    G V G Industries Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Coimbatore.

    31 Mar 2024

  • Charges

    A charge with Indian Bank of Rs. 34.52 Cr registered on 28 Aug 1984 with Charge ID 90007619 was modified on 22 Sep 2022.

    22 Sep 2022

  • Charges

    A charge registered on 14 Dec 2012 via Charge ID 10395141 with Others was fully satisfied on 20 Apr 2022.

    20 Apr 2022

  • Charges

    A charge registered on 16 Dec 2010 via Charge ID 10255657 with Others was fully satisfied on 20 Apr 2022.

    20 Apr 2022

  • Charges

    A charge registered on 18 Feb 2010 via Charge ID 10201599 with Tamilnadu Industrial Investment Corporation Limited was fully satisfied on 20 Apr 2022.

    20 Apr 2022

Frequently asked questions

  • G V G Industries Private Limited was incorporated on 11 Sep 1980.

  • The authorized share capital of G V G Industries Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 2.00 Cr.

  • Currently 4 directors are associated with G V G Industries Private Limited.

    • Muthuswamy Naidu Amarnath
    • Muthuswamy Veluswamy
    • Vijayasekaran Veluswamy
    • Veluswamy Hema
  • As per Ministry of Corporate Affairs (Mca), the registered address of G V G Industries Private Limited is 54/2, Jothi Nagar Venkatesa Mills Post India, Udumalpet, Tamil Nadu, 642128.

  • The corporate identification number (CIN) of G V G Industries Private Limited is U17111TZ1980PTC006887 and the company number is 006887 as per Ministry of Corporate Affairs (MCA).

  • The Official website of G V G Industries Private Limited is https://www.gvggroup.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for G V G Industries Private Limited has fallen by -4.05%.

  • As Per 2023 financial reports, 350 employees are currently employed by G V G Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of G V G Industries Private Limited has experienced an upsurge of 4.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for G V G Industries Private Limited amount to ₹ 37.42 Cr.

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