Gasolec Appliances Profile
Key Indicators
- Authorised Capital ₹ 1.00 Cr
- Paid Up Capital ₹ 9.25 M
- Company Age 41 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Satisfied Charges ₹ 2.18 Cr
- Revenue Growth -33.68%
- Profit Growth -24.56%
- Ebitda 56.36%
- Net Worth -18.83%
- Total Assets 1.94%
About Gasolec Appliances
Gasolec Appliances Pvt Ltd (GAPL) is a Private Limited Indian Non-Government Company incorporated in India on 20 April 1983 and has a history of 41 years and ten months. Its registered office is in Hyderabad, Telangana, India.
The Company is engaged in the Machinery And Equipment 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 1.00 Cr and a paid-up capital of Rs 9.25 M.
The company has closed loans amounting to ₹2.18 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.
Omprakash Gaggar, Kancherla Subrahmanyam, and Kunal Kabra serve as directors at the Company.
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15499TG1983PTC003916
- Company No.
003916
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
20 Apr 1983
- Date of AGM
26 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Hyderabad
Industry
Machinery and Equipment
Who are the key members and board of directors at Gasolec Appliances?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Kunal Kabra  | Managing Director | 21-Sep-2011 | Current |
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Omprakash Gaggar | Director | 30-Jun-2004 | Current |
| Kancherla Subrahmanyam | Director | 22-Jun-2006 | Current |
Financial Performance of Gasolec Appliances.
Gasolec Appliances Pvt Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 33.68% decrease. The company also saw a substantial fall in profitability, with a 24.56% decrease in profit. The company's net worth observed a substantial decline by a decrease of 18.83%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Gasolec Appliances?
In 2021, Gasolec Appliances had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Kabsons Gas Equipment Private LimitedKancherla Subrahmanyam and Kunal Kabra are mutual person
Kabsons Exports Pvt LtdKunal Kabra is a mutual person
Charges (Loans)
Open Charges
₹0
Satisfied Charges
₹2.18 Cr
Charges Breakdown by Lending Institutions
- Indian Overseas Bank : 2.18 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Jun 1997 | Indian Overseas Bank | ₹3.40 M | Satisfied |
| 30 Jun 1997 | Indian Overseas Bank | ₹3.40 M | Satisfied |
| 28 Jun 1997 | Indian Overseas Bank | ₹2.00 M | Satisfied |
| 08 Jun 1997 | Indian Overseas Bank | ₹1.30 Cr | Satisfied |
How Many Employees Work at Gasolec Appliances?
Gasolec Appliances has a workforce of 23 employees as of Apr 01, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Gasolec Appliances, 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 Gasolec Appliances's trajectory.
Rating
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
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 Gasolec Appliances
Recent activity within the organization
- Annual General Meeting
Gasolec Appliances Pvt Ltd last Annual general meeting of members was held on 26 Sep 2024 as per latest MCA records.
- Balance Sheet
Gasolec Appliances Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Hyderabad.
- Charges
A charge registered on 30 Jun 1997 via Charge ID 90136789 with Indian Overseas Bank was fully satisfied on 19 Jun 2019.
- Charges
A charge registered on 30 Jun 1997 via Charge ID 90139106 with Indian Overseas Bank was fully satisfied on 19 Jun 2019.
- Charges
A charge registered on 28 Jun 1997 via Charge ID 90137970 with Indian Overseas Bank was fully satisfied on 19 Jun 2019.
- Charges
A charge registered on 08 Jun 1997 via Charge ID 90137968 with Indian Overseas Bank was fully satisfied on 19 Jun 2019.
Frequently asked questions
What is the Incorporation or founding date of Gasolec Appliances Pvt Ltd?
Gasolec Appliances Pvt Ltd was incorporated on 20 Apr 1983.
What is authorized share capital and paid-up capital of Gasolec Appliances Pvt Ltd?
The authorized share capital of Gasolec Appliances Pvt Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 9.25 M.
Who are the current board members & directors of Gasolec Appliances Pvt Ltd?
Currently 3 directors are associated with Gasolec Appliances Pvt Ltd.
- Omprakash Gaggar
- Kancherla Naga Subrahmanyam
- Kunal Kabra
What is the registered address of Gasolec Appliances Pvt Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Gasolec Appliances Pvt Ltd is Plot No.19, Cieepgandhi Nagar Hyderabad India, Ap, Telangana, 500037.
What is the corporate identification number (CIN) and company number of Gasolec Appliances Pvt Ltd?
The corporate identification number (CIN) of Gasolec Appliances Pvt Ltd is U15499TG1983PTC003916 and the company number is 003916 as per Ministry of Corporate Affairs (MCA).
What is the official website of Gasolec Appliances Pvt Ltd?
The Official website of Gasolec Appliances Pvt Ltd is https://www.kabsonsindia.com
What has been the recent revenue trend for Gasolec Appliances Pvt Ltd?
According to the financial reports for the fiscal year 2022, the revenue trend for Gasolec Appliances Pvt Ltd has fallen by -33.68%.
How many employees does Gasolec Appliances Pvt Ltd currently have?
As Per 2022 financial reports, 23 employees are currently employed by Gasolec Appliances Pvt Ltd.
What change has been observed in the net worth of Gasolec Appliances Pvt Ltd, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Gasolec Appliances Pvt Ltd has experienced an downturn of -18.83%.
When was the last Balance Sheet of Gasolec Appliances Pvt Ltd filed with the ROC?
The most recent Balance Sheet for Gasolec Appliances Pvt Ltd was filed with the ROC on 31 Mar 2024.