Gandhi Spices Private Limited

This company manufactures and sells a variety of blended and unblended spices under a popular brand name.

1992 | Rajkot, Gujarat (India) | Active
Last Updated: October 24, 2024

Gandhi Spices Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 2.55 M
  • Company Age 32 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 20.92 Cr
  • Satisfied Charges ₹ 38.30 Cr
  • Revenue Growth 24.73%
  • Profit Growth 14.50%
  • Ebitda 9.46%
  • Net Worth 18.60%
  • Total Assets 19.29%

About Gandhi Spices

Gandhi Spices Private Limited (GSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 June 1992 and has a history of 32 years and seven months. Its registered office is in Rajkot, Gujarat, India.

The Company is engaged in the Food And Beverages 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 6.00 M and a paid-up capital of Rs 2.55 M.

The company currently has active open charges totaling ₹20.92 Cr. The company has closed loans amounting to ₹38.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sudhirkumar Dubal, Jitendrakumar Dubal, Pankaj Dubal, and Five other members serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gandhispices.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15495GJ1992PTC017839

  • Company No.

    017839

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Jun 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Food and Beverages

What products or services does Gandhi Spices Private Limited offer?

Gandhi Spices Private Limited offers a wide range of products and services, including Ayurvedic Powder and Medicinal Herbs, Herbal Powder, Flavours & Aromatics, Beverage Flavors, Cooking Spices and Masala, Masala Mix, Whole Spices, Dhaniya, Chilli Powder, Masala Powder.

Who are the key members and board of directors at Gandhi Spices?

Executive Team (1)

Name Designation Appointment Date Status
Jitendrakumar Dubal Country flag representing In Managing Director 01-Apr-1994 Current

Board Members (7)

Name Designation Appointment Date Status
Hirenkumar Dubal Country flag representing In Director 07-Mar-2014 Current
Sudhirkumar Dubal Country flag representing In Whole-Time Director 17-Jun-1992 Current
Pankaj Dubal Country flag representing In Whole-Time Director 01-Sep-2000 Current
Sukhdev Dubal Country flag representing In Whole-Time Director 01-Sep-2000 Current
Ashokkumar Dubal Country flag representing In Director 01-Apr-2009 Current
Sagar Dubal Country flag representing In Director 20-Aug-2020 Current

Financial Performance of Gandhi Spices.

Gandhi Spices Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.73% increase. The company also saw a substantial improvement in profitability, with a 14.5% increase in profit. The company's net worth Soared by an impressive increase of 18.6%.

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
24.73%
Revenue from Operations
24.62%
Total Assets
19.29%
Profit or Loss
14.50%
Net Worth
18.60%
EBITDA
9.46%

What is the Ownership and Shareholding Structure of Gandhi Spices?

In 2023, Gandhi Spices had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹209.17 M

Satisfied Charges

₹383.00 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 19.45 Cr
  • Sidbi : 1.44 Cr
  • Bank Of Baroda : 0.03 Cr

Latest Charge Details

Date Lender Amount Status
05 Jun 2024 Sidbi ₹1.44 Cr Open
06 May 2023 Hdfc Bank Limited ₹7.00 Cr Open
13 Jun 2022 Hdfc Bank Limited ₹12.45 Cr Open
18 Oct 1994 Bank Of Baroda ₹0.30 M Open
05 Mar 2015 Bank Of India ₹5.68 Cr Satisfied

How Many Employees Work at Gandhi Spices?

Gandhi Spices has a workforce of 175 employees as of Apr 07, 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 Gandhi Spices, 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 Gandhi Spices'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 Gandhi Spices

Recent activity within the organization

  • Charges

    A charge with Sidbi amounted to Rs. 14.37 M with Charge ID 100939499 was registered on 05 Jun 2024.

    05 Jun 2024

  • Annual General Meeting

    Gandhi Spices Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with Hdfc Bank Limited of Rs. 124.50 M registered on 13 Jun 2022 with Charge ID 100591749 was modified on 01 Jul 2023.

    01 Jul 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 70.00 M with Charge ID 100719974 was registered on 06 May 2023.

    06 May 2023

  • Balance Sheet

    Gandhi Spices Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Charges

    A charge registered on 05 Mar 2015 via Charge ID 10558656 with Bank Of India was fully satisfied on 15 Jul 2022.

    15 Jul 2022

Frequently asked questions

  • Gandhi Spices Private Limited was incorporated on 17 Jun 1992.

  • The authorized share capital of Gandhi Spices Private Limited is ₹ 6.00 M and paid-up capital is ₹ 2.55 M.

  • Currently 8 directors are associated with Gandhi Spices Private Limited.

    • Sudhirkumar Muktilal Dubal
    • Jitendrakumar Muktilal Dubal
    • Pankaj Jayantilal Dubal
    • Sukhdev Jayantilal Dubal
    • Ashokkumar Jitendrakumar Dubal
    • Hirenkumar Jitendrabhai Dubal
    • Sagar Sudhirbhai Dubal
    • Parth Pankajkumar Dubal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gandhi Spices Private Limited is - Jamnagar Highway Khandheri India, Rajkot, Gujarat, 360110.

  • The corporate identification number (CIN) of Gandhi Spices Private Limited is U15495GJ1992PTC017839 and the company number is 017839 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gandhi Spices Private Limited is https://www.gandhispices.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gandhi Spices Private Limited has risen by 24.73%.

  • As Per 2023 financial reports, 175 employees are currently employed by Gandhi Spices Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gandhi Spices Private Limited has experienced an upsurge of 18.60%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gandhi Spices Private Limited amount to ₹ 20.92 Cr.

  • The most recent Balance Sheet for Gandhi Spices Private Limited was filed with the ROC on 31 Mar 2023.