Gemco Castings Limited

This company manufactures and exports various metal products, including electrical wires, cables, and castings.

1999 | Kolkata, West Bengal (India) | Active
Last Updated:

Gemco Castings Profile

Key Indicators

  • Authorised Capital ₹ 7.00 M
  • Paid Up Capital ₹ 5.99 M
  • Company Age 25 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 186.75 Cr
  • Satisfied Charges ₹ 64.56 Cr
  • Revenue Growth -20.03%
  • Profit Growth -111.98%
  • Ebitda -223.83%
  • Net Worth -0.12%
  • Total Assets 1.07%

About Gemco Castings

Gemco Castings Limited (GCL) is a Public Limited Indian Non-Government Company incorporated in India on 09 March 1999 and has a history of 25 years and 11 months. Its registered office is in Kolkata, West Bengal, India.

The Company is engaged in the Consumer Electronics & Durables 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 7.00 M and a paid-up capital of Rs 5.99 M.

The company currently has active open charges totaling ₹186.75 Cr. The company has closed loans amounting to ₹64.56 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sekhar Agarwal, Amit Bhartia, and Anup Bhartia serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U27203WB1999PLC088926

  • Company No.

    088926

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Mar 1999

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Kolkata

Industry

Consumer Electronics & Durables

Who are the key members and board of directors at Gemco Castings?

Board Members (3)

NameDesignationAppointment DateStatus
Sekhar Agarwal Country flag representing In Director 11-Aug-2021Current
Amit Bhartia Country flag representing In Director 01-May-2000Current
Anup Bhartia Country flag representing In Director 09-Mar-1999Current

Financial Performance of Gemco Castings.

Gemco Castings Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 20.03% decrease. The company also saw a substantial fall in profitability, with a 111.98% decrease in profit. The company's net worth dipped by a decrease of 0.12%.

Gemco Castings revenue growth over time
Gemco Castings 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
-20.03%
Revenue from Operations
Total Assets
1.07%
Profit or Loss
-111.98%
Net Worth
-0.12%
EBITDA
-223.83%

What is the Ownership and Shareholding Structure of Gemco Castings?

In 2023, Gemco Castings 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

₹1,867.46 M

Satisfied Charges

₹645.60 M

Charges Breakdown by Lending Institutions

  • Sbicap Trustee Company Limited : 90.40 Cr
  • State Bank Of India : 90.40 Cr
  • Others : 3.55 Cr
  • Reliance Capital Ltd : 2.40 Cr

Latest Charge Details

DateLenderAmountStatus
06 Mar 2024State Bank Of India₹90.40 CrOpen
16 Jan 2023Sbicap Trustee Company Limited₹90.40 CrOpen
01 Mar 2022Others₹3.55 CrOpen
11 Dec 2014Reliance Capital Ltd₹2.40 CrOpen
26 Apr 2017Others₹2.10 CrSatisfied

How Many Employees Work at Gemco Castings?

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

Employee growth trends for Gemco Castings Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gemco Castings, 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 Gemco Castings'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 Gemco Castings

Recent activity within the organization

  • Charges

    A charge with Sbicap Trustee Company Limited of Rs. 904.00 M registered on 16 Jan 2023 with Charge ID 100672438 was modified on 02 Sep 2024.

  • Charges

    A charge with State Bank Of India amounted to Rs. 904.00 M with Charge ID 100892409 was registered on 06 Mar 2024.

  • Charges

    A charge with Others of Rs. 35.46 M registered on 01 Mar 2022 with Charge ID 100562713 was modified on 08 Feb 2024.

  • Charges

    A charge registered on 15 Apr 2014 via Charge ID 10542591 with State Bank Of India was fully satisfied on 16 Jan 2024.

  • Annual General Meeting

    Gemco Castings Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Gemco Castings Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Kolkata.

Frequently asked questions

  • What is the Incorporation or founding date of Gemco Castings Limited?

    Gemco Castings Limited was incorporated on 09 Mar 1999.

  • What is authorized share capital and paid-up capital of Gemco Castings Limited?

    The authorized share capital of Gemco Castings Limited is ₹ 7.00 M and paid-up capital is ₹ 5.99 M.

  • Who are the current board members & directors of Gemco Castings Limited?

    Currently 3 directors are associated with Gemco Castings Limited.

    • Sekhar Agarwal
    • Amit Bhartia
    • Anup Bhartia

  • What is the registered address of Gemco Castings Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gemco Castings Limited is Plot No - 11 Phase Ii, Kasba Industrial Estate India, Kolkata, West Bengal, 700107.

  • What is the corporate identification number (CIN) and company number of Gemco Castings Limited?

    The corporate identification number (CIN) of Gemco Castings Limited is U27203WB1999PLC088926 and the company number is 088926 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Gemco Castings Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Gemco Castings Limited has fallen by -20.03%.

  • What change has been observed in the net worth of Gemco Castings Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Gemco Castings Limited has experienced an downturn of -0.12%.

  • What are the total open charges for Gemco Castings Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Gemco Castings Limited amount to ₹ 186.75 Cr.

  • When was the last Balance Sheet of Gemco Castings Limited filed with the ROC?

    The most recent Balance Sheet for Gemco Castings Limited was filed with the ROC on 31 Mar 2023.

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