General Commodities Profile
Key Indicators
- Authorised Capital ₹ 4.90 Cr
- Paid Up Capital ₹ 4.88 Cr
- Company Age 60 Year, 3 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 11.70 Cr
- Satisfied Charges ₹ 300.20 Cr
- Revenue Growth -13.63%
- Profit Growth 13.87%
- Ebitda -44.53%
- Net Worth 2.63%
- Total Assets 29.54%
About General Commodities
General Commodities Private Limited (GCPL) was founded in India on 30 October 1964 and has a glorious history of 60 years and three months. Its registered office is in Bangaluru, Karnataka, India.
The Corporate was formerly known as Jayanti Tea Distributing Co. Private Limited. The Company is engaged in the Food And Beverages 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 4.90 Cr and a paid-up capital of Rs 4.88 Cr.
The company currently has active open charges totaling ₹11.70 Cr. The company has closed loans amounting to ₹300.20 Cr, as per Ministry of Corporate Affairs (MCA) records.
Milan Shah and Varsha Shah serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15491KA1964PTC009873
- Company No.
009873
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Oct 1964
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Who are the key members and board of directors at General Commodities?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Milan Shah  | Director | 01-Nov-2018 | Current |
| Varsha Shah | Director | 01-Nov-2018 | Current |
Financial Performance of General Commodities.
General Commodities Private Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 13.63% decrease. The company also saw a substantial improvement in profitability, with a 13.87% increase in profit. The company's net worth moved up by a moderate rise of 2.63%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of General Commodities?
In 2021, General Commodities had a public holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Jayanti Infrastructure Private LimitedMilan Shah and Varsha Shah are mutual person
- Jayanti Distributors Private Limited
Milan Shah and Varsha Shah are mutual person
Kovai Management Services Private Limited (Opc)Milan Shah is a mutual person
- Milan Business Associates Private Limited
Varsha Shah is a mutual person
- Kyra Ventures Private Limited
Varsha Shah is a mutual person
- Milan Creative Developers Private Limited
Varsha Shah is a mutual person
Charges (Loans)
₹11.70 Cr
₹300.20 Cr
Charges Breakdown by Lending Institutions
- Karnataka Bank Ltd. : 11.70 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 Sep 2020 | Karnataka Bank Ltd. | ₹4.20 Cr | Open |
| 01 Jul 2020 | Karnataka Bank Ltd. | ₹7.50 Cr | Open |
| 29 Jun 2022 | The Hongkong And Shanghai Banking Corporation Limited | ₹20.00 Cr | Satisfied |
| 25 Oct 2021 | Hdfc Bank Limited | ₹11.00 Cr | Satisfied |
| 19 Dec 2019 | Others | ₹10.00 Cr | Satisfied |
How Many Employees Work at General Commodities?
General Commodities has a workforce of 70 employees as of Apr 05, 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 General Commodities, 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 Commodities'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.
