Gears And Gear Drives (India) Profile
Key Indicators
- Authorised Capital ₹ 0.50 M
- Paid Up Capital ₹ 0.10 M
- Company Age 15 Year,
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.76 Cr
- Satisfied Charges ₹ 3.43 M
- Revenue Growth 120.66%
- Profit Growth 167.88%
- Ebitda 577.98%
- Net Worth 36.30%
- Total Assets 53.07%
About Gears And Gear Drives (India)
Gears And Gear Drives (India) Private Limited (GAGDIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 04 March 2010 and has a history of 15 years. Its registered office is in Bangalore, Karnataka, 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 2023. It's a company limited by shares with an authorized capital of Rs 0.50 M and a paid-up capital of Rs 0.10 M.
The company currently has active open charges totaling ₹1.76 Cr. The company has closed loans amounting to ₹3.43 M, as per Ministry of Corporate Affairs (MCA) records.
Radhakrishnan Chelekkara and Karthik Seshagiri serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U29296KA2010PTC052765
- Company No.
052765
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
04 Mar 2010
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Machinery and Equipment
What products or services does Gears And Gear Drives (India) Private Limited offer?
Gears And Gear Drives (India) Private Limited offers a wide range of products and services, including Hydraulic Jacks, Lifts & Winches, Bottle Jacks, Gearbox, Axle, Sprocket & Gear Parts, Industrial Gearboxes, Steering Parts & Components, Drivetrain Components, Bevel Gears, Automotive Gears, Floor Jacks, Building & Construction Machines.
Who are the key members and board of directors at Gears And Gear Drives (India)?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Radhakrishnan Chelekkara  | Nominee Director | 23-Mar-2024 | Current |
| Karthik Seshagiri | Director | 04-Mar-2010 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Gears And Gear Drives (India)?
Unlock access to Gears And Gear Drives (India)'s control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.
Related Corporates (Common Directorship)
Visesh Transmissions Private LimitedKarthik Seshagiri is a mutual person
Charges (Loans)
Open Charges
₹17.63 M
Satisfied Charges
₹3.43 M
Charges Breakdown by Lending Institutions
- Canara Bank : 1.47 Cr
- Others : 0.29 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Oct 2022 | Others | ₹0.72 M | Open |
| 30 Aug 2022 | Others | ₹2.21 M | Open |
| 29 Jun 2020 | Canara Bank | ₹1.30 M | Open |
| 25 May 2010 | Canara Bank | ₹1.34 Cr | Open |
| 22 May 2020 | Canara Bank | ₹0.75 M | Satisfied |
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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Gears And Gear Drives (India), 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 Gears And Gear Drives (India)'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 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 11 months 11 days .
- 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.
- 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.
- Charges
A charge registered on 22 May 2020 via Charge ID 100366853 with Canara Bank was fully satisfied on 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.
- Charges
A charge registered on 25 May 2010 via Charge ID 10222354 with Canara Bank was fully satisfied on 31 Aug 2023.
Frequently asked questions
What is the Incorporation or founding date of Gears And Gear Drives (India) Private Limited?
Gears And Gear Drives (India) Private Limited was incorporated on 04 Mar 2010.
What is authorized share capital and paid-up capital of Gears And Gear Drives (India) Private Limited?
The authorized share capital of Gears And Gear Drives (India) Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.
Who are the current board members & directors of Gears And Gear Drives (India) Private Limited?
Currently 2 directors are associated with Gears And Gear Drives (India) Private Limited.
- Radhakrishnan Krishnaniyen Chelekkara
- Karthik Seshagiri
What is the registered address of Gears And Gear Drives (India) Private Limited?
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.
What is the corporate identification number (CIN) and company number of Gears And Gear Drives (India) Private Limited?
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).
What is the official website of Gears And Gear Drives (India) Private Limited?
The Official website of Gears And Gear Drives (India) Private Limited is https://www.gearsandgeardrives.com
What has been the recent revenue trend for Gears And Gear Drives (India) Private Limited?
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%.
What change has been observed in the net worth of Gears And Gear Drives (India) Private Limited, and by what percentage?
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%.
What are the total open charges for Gears And Gear Drives (India) Private Limited?
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.
When was the last Balance Sheet of Gears And Gear Drives (India) Private Limited filed with the ROC?
The most recent Balance Sheet for Gears And Gear Drives (India) Private Limited was filed with the ROC on 31 Mar 2023.
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