Gears And Gear Drives (India) Private Limited logo

Gears And Gear Drives (India) Private Limited

Manufactures engineering products for power transmission, mechatronics, motion control, and automation.
2010 | Bangalore, Karnataka (India) | Active

Last Updated:

July 06, 2024
HomeCompanyGears And Gear Drives (India) Private Limited

Who are the key members and board of directors at Gears And Gear Drives (India)?

Board Members(2)

NameDesignationAppointment DateStatus
Radhakrishnan Chelekkara In Nominee Director 23-Mar-2024Current
Karthik Seshagiri In Director 04-Mar-2010Current

Financial Performance of Gears And Gear Drives (India).

Gears And Gear Drives (India) Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 120.66% increase. The company also saw a substantial improvement in profitability, with a 167.88% increase in profit. The company's net worth Soared by an impressive increase of 36.3%.

Revenue Growth Graph
Profit Loss Graph
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metric
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
120.66%
Revenue from Operations
128.03%
Total Assets
53.07%
Profit or Loss
167.88%
Net Worth
36.30%
EBITDA
577.98%

Related Corporates (Common Directorship)

Charges (Loans)

Open Charges Satisfied Charges

₹17.63 M

₹3.43 M

LenderAmountStatus

Others

Creation Date: 17 Oct 2022
₹0.72 MOpen

Others

Creation Date: 30 Aug 2022
₹2.21 MOpen

Canara Bank

Creation Date: 29 Jun 2020
₹1.30 MOpen

How Many Employees Work at Gears And Gear Drives (India)?

Gears And Gear Drives (India) has a workforce of 0 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.

Employee Graph

Deals i

Rating

Alerts

Latest Updates, News, and FAQs on Gears And Gear Drives (India)

Recent activity within the organization

  • Director Appointment

    Radhakrishnan Krishnaniyen Chelekkara was appointed as a Nominee Director was appointed as a Nominee Director on 23 Mar 2024 & has been associated with this company since 9 months 4 days .

    23 Mar 2024

  • Charges

    A charge with Canara Bank of Rs. 13.40 M registered on 25 May 2010 with Charge ID 10222303 was modified on 22 Nov 2023.

    22 Nov 2023

  • Annual General Meeting

    Gears And Gear Drives (India) 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 registered on 22 May 2020 via Charge ID 100366853 with Canara Bank was fully satisfied on 31 Aug 2023.

    31 Aug 2023

  • Charges

    A charge registered on 20 Jun 2011 via Charge ID 10301474 with Canara Bank was fully satisfied on 31 Aug 2023.

    31 Aug 2023

  • Charges

    A charge registered on 25 May 2010 via Charge ID 10222354 with Canara Bank was fully satisfied on 31 Aug 2023.

    31 Aug 2023

Frequently asked questions

  • Gears And Gear Drives (India) Private Limited was incorporated on 04 Mar 2010.

  • The authorized share capital of Gears And Gear Drives (India) Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 2 directors are associated with Gears And Gear Drives (India) Private Limited.

    • Radhakrishnan Krishnaniyen Chelekkara
    • Karthik Seshagiri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gears And Gear Drives (India) Private Limited is No.31/2 M Ramaiah Colony Bandapura Village, Old Madras Road Near Cheemasandra Gate, Bangalore, Karnataka, India, 560049.

  • The corporate identification number (CIN) of Gears And Gear Drives (India) Private Limited is U29296KA2010PTC052765 and the company number is 052765 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gears And Gear Drives (India) Private Limited is https://www.gearsandgeardrives.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gears And Gear Drives (India) Private Limited has risen by 120.66%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gears And Gear Drives (India) Private Limited has experienced an upsurge of 36.30%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gears And Gear Drives (India) Private Limited amount to ₹ 1.76 Cr.

  • The most recent Balance Sheet for Gears And Gear Drives (India) Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Industrial Tools & Components