General Commerce Limited

Manufactures and supplies readymade garments, including ladies wear, kids wear, accessories, and fabrics.

1973 | New Delhi (India) | Active
Last Updated: October 24, 2024

General Commerce Profile

Key Indicators

  • Authorised Capital ₹ 1.25 M
  • Paid Up Capital ₹ 0.60 M
  • Company Age 51 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.83 Cr
  • Revenue Growth 62.58%
  • Profit Growth 6953.93%
  • Ebitda 128.56%
  • Net Worth 2.95%
  • Total Assets 20.43%

About General Commerce

General Commerce Limited (GCL) was founded in India on 13 March 1973 and has a glorious history of 51 years and ten months. Its registered office is in New Delhi, India.

The Company is engaged in the Fashion And Textile 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 1.25 M and a paid-up capital of Rs 0.60 M.

The company currently has active open charges totaling ₹9.83 Cr.

Anjala Nath, Aditya Nath, and Ashish Nath serve as directors at the Company.

Company Details

  • Location

    New Delhi, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U41404DL1973PLC006514

  • Company No.

    006514

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    13 Mar 1973

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Fashion and Textile

Who are the key members and board of directors at General Commerce?

Board Members (3)

Name Designation Appointment Date Status
Anjala Nath Country flag representing In Whole-Time Director 13-Mar-1973 Current
Aditya Nath Country flag representing In Whole-Time Director 25-May-1998 Current
Ashish Nath Country flag representing In Whole-Time Director 14-Jul-1998 Current

Financial Performance of General Commerce.

General Commerce Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 62.58% increase. The company also saw a substantial improvement in profitability, with a 6953.93% increase in profit. The company's net worth moved up by a moderate rise of 2.95%.

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
62.58%
Revenue from Operations
76.69%
Total Assets
20.43%
Profit or Loss
6953.93%
Net Worth
2.95%
EBITDA
128.56%

What is the Ownership and Shareholding Structure of General Commerce?

In 2023, General Commerce had a promoter holding of 100.00%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹98.32 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 9.61 Cr
  • Kotak Mahindra Prime Limited : 0.22 Cr

Latest Charge Details

Date Lender Amount Status
31 May 2014 Kotak Mahindra Prime Limited ₹2.23 M Open
26 May 2014 Others ₹9.61 Cr Open

How Many Employees Work at General Commerce?

General Commerce has a workforce of 93 employees as of Apr 02, 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 General Commerce, 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 General Commerce'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 General Commerce

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2023

  • Balance Sheet

    General Commerce Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 96.08 M registered on 26 May 2014 with Charge ID 10504189 was modified on 12 May 2022.

    12 May 2022

  • Charges

    A charge with Kotak Mahindra Prime Limited amounted to Rs. 2.23 M with Charge ID 10505605 was registered on 31 May 2014.

    31 May 2014

  • Charges

    A charge with Others amounted to Rs. 96.08 M with Charge ID 10504189 was registered on 26 May 2014.

    26 May 2014

  • Director Appointment

    Ashish Nath was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 14 Jul 1998 & has been associated with this company since 26 years 6 months .

    14 Jul 1998

Frequently asked questions

  • General Commerce Limited was incorporated on 13 Mar 1973.

  • The authorized share capital of General Commerce Limited is ₹ 1.25 M and paid-up capital is ₹ 0.60 M.

  • Currently 3 directors are associated with General Commerce Limited.

    • Anjala Nath
    • Aditya Nath
    • Ashish Nath
  • As per Ministry of Corporate Affairs (Mca), the registered address of General Commerce Limited is 100/ A, Bangla Sahib Marg (Baird Road) India, New Delhi, 110001.

  • The corporate identification number (CIN) of General Commerce Limited is U41404DL1973PLC006514 and the company number is 006514 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for General Commerce Limited has risen by 62.58%.

  • As Per 2023 financial reports, 93 employees are currently employed by General Commerce Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of General Commerce Limited has experienced an upsurge of 2.95%.

  • As per the financial statements for fiscal Year 2023, The total open charges for General Commerce Limited amount to ₹ 9.83 Cr.

  • The most recent Balance Sheet for General Commerce Limited was filed with the ROC on 31 Mar 2023.

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