Gal Cottex Private Limited

Trading in knitted cloth and goods, incorporated in 1985, based in Punjab.

1985 | Ludhiana, Punjab (India) | Active
Last Updated:

Gal Cottex Profile

Key Indicators

  • Authorised Capital ₹ 4.25 Cr
  • Paid Up Capital ₹ 3.83 Cr
  • Company Age 39 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth 41.51%
  • Profit Growth -45.48%
  • Ebitda -58.24%
  • Net Worth 2.23%
  • Total Assets 0.09%

About Gal Cottex

Gal Cottex Private Limited (GCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 29 November 1985 and has a history of 39 years and three months. Its registered office is in Ludhiana, Punjab, India.

The Corporate was formerly known as Garg Sons Investments Private Limited. 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 2024. It's a company limited by shares with an authorized capital of Rs 4.25 Cr and a paid-up capital of Rs 3.83 Cr, as per Ministry of Corporate Affairs (MCA) records.

Renu Garg, Neelu Garg, and Sandeep Gupta serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17200PB1985PTC006564

  • Company No.

    006564

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    29 Nov 1985

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Home & Lifestyle

Who are the key members and board of directors at Gal Cottex?

Board Members (3)

NameDesignationAppointment DateStatus
Renu Garg Country flag representing In Director 01-Apr-2009Current
Neelu Garg Country flag representing In Director 29-Dec-2018Current
Sandeep Gupta Country flag representing In Director 05-Jan-2011Current

Financial Performance of Gal Cottex.

Gal Cottex Private Limited, for the financial year ended 2020, experienced significant growth in revenue, with a 41.51% increase. The company also saw a substantial fall in profitability, with a 45.48% decrease in profit. The company's net worth moved up by a moderate rise of 2.23%.

Gal Cottex revenue growth over time
Gal Cottex 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
41.51%
Revenue from Operations
41.17%
Total Assets
0.09%
Profit or Loss
-45.48%
Net Worth
2.23%
EBITDA
-58.24%

What is the Ownership and Shareholding Structure of Gal Cottex?

In 2020, Gal Cottex had a promoter holding of 46.84% and a public holding of 53.16%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Gal Cottex?

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

Employee growth trends for Gal Cottex Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gal Cottex, 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 Gal Cottex'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 Gal Cottex

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Gal Cottex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Director Appointment

    Neelu Garg was appointed as a Director was appointed as a Director on 29 Dec 2018 & has been associated with this company since 6 years 2 months .

  • Director Appointment

    Sandeep Gupta was appointed as a Director was appointed as a Director on 05 Jan 2011 & has been associated with this company since 14 years 2 months .

  • Director Appointment

    Renu Garg was appointed as a Director was appointed as a Director on 01 Apr 2009 & has been associated with this company since 15 years 11 months .

  • Company Incorporation

    Gal Cottex Private Limited was registered on 29 Nov 1985 with Roc Chandigarh & aged 39 years 3 months as per MCA records.

Frequently asked questions

  • What is the Incorporation or founding date of Gal Cottex Private Limited?

    Gal Cottex Private Limited was incorporated on 29 Nov 1985.

  • What is authorized share capital and paid-up capital of Gal Cottex Private Limited?

    The authorized share capital of Gal Cottex Private Limited is ₹ 4.25 Cr and paid-up capital is ₹ 3.83 Cr.

  • Who are the current board members & directors of Gal Cottex Private Limited?

    Currently 3 directors are associated with Gal Cottex Private Limited.

    • Renu Garg
    • Neelu Garg
    • Sandeep Gupta

  • What is the registered address of Gal Cottex Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gal Cottex Private Limited is 61 A Sant Nagarcivil Lines Ludhiana India, Punjab, 141001.

  • What is the corporate identification number (CIN) and company number of Gal Cottex Private Limited?

    The corporate identification number (CIN) of Gal Cottex Private Limited is U17200PB1985PTC006564 and the company number is 006564 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Gal Cottex Private Limited?

    According to the financial reports for the fiscal year 2020, the revenue trend for Gal Cottex Private Limited has risen by 41.51%.

  • What change has been observed in the net worth of Gal Cottex Private Limited, and by what percentage?

    The financial reports for the fiscal year 2020 indicates that The net worth of Gal Cottex Private Limited has experienced an upsurge of 2.23%.

  • When was the last Balance Sheet of Gal Cottex Private Limited filed with the ROC?

    The most recent Balance Sheet for Gal Cottex Private Limited was filed with the ROC on 31 Mar 2024.

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