General Investment And Commercial Corporation Limited
NBFC providing financial services since 1940, based in Manipal, Karnataka.
1940 | Udupi, Karnataka (India) | Active
General Investment And Commercial Corporation Profile
Key Indicators
- Authorised Capital ₹ 5.00 Cr
- Paid Up Capital ₹ 2.85 M
- Company Age 84 Year, 10 Months
- Last Filing with ROC 31 Mar 2024
- Revenue Growth -26.21%
- Profit Growth 661.62%
- Ebitda -80.10%
- Net Worth 4.97%
- Total Assets 16.59%
About General Investment And Commercial Corporation
General Investment And Commercial Corporation Limited (GIACCL) was founded in India on 17 April 1940 and has a glorious history of 84 years and ten months.Its registered office is in Udupi, Karnataka, India.
The Company is engaged in the Financial Services 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 5.00 Cr and a paid-up capital of Rs 2.85 M, as per Ministry of Corporate Affairs (MCA) records.
Shashindra Bhat, Kappettu Shetty, and Nikhil Saigal serve as directors at the Company.
Company Details
- Location
Udupi, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U67120KA1940PLC001103
- Company No.
001103
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
17 Apr 1940
- Date of AGM
01 Aug 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Financial Services
General Investment And Commercial Corporation Limited
Explore comprehensive data for General Investment And Commercial Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at General Investment And Commercial Corporation?
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Shashindra Bhat  | Director | 27-Jul-2009 | Current |
| Kappettu Shetty | Director | 10-May-2002 | Current |
| Nikhil Saigal | Director | 23-May-2017 | Current |
Financial Performance of General Investment And Commercial Corporation.
General Investment And Commercial Corporation Limited, for the financial year ended 2022, experienced significant reduction in revenue, with a 26.21% decrease. The company also saw a substantial improvement in profitability, with a 661.62% increase in profit. The company's net worth moved up by a moderate rise of 4.97%.
- Key Matrics
- Balance Sheet
- Profit and Loss
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What is the Ownership and Shareholding Structure of General Investment And Commercial Corporation?
In 2019, General Investment And Commercial Corporation had a promoter holding of 97.46% and a public holding of 2.54%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Manipal Hr Solutions LlpShashindra Bhat is a mutual person
- Manipal Ventures Llp
Shashindra Bhat is a mutual person
- Manipal Chit Fund Private Limited
Shashindra Bhat is a mutual person
- Manipal Home Finance Limited
Shashindra Bhat is a mutual person
- Manipal Builders & Developers Private Limited
Kappettu Shetty is a mutual person
- Canara Steel Limited
Shashindra Bhat is a mutual person
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at General Investment And Commercial Corporation?
General Investment And Commercial Corporation has a workforce of 6 employees as of Apr 06, 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 Investment And Commercial Corporation, 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 Investment And Commercial Corporation'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 General Investment And Commercial Corporation
Recent activity within the organization
- Annual General Meeting
General Investment And Commercial Corporation Limited last Annual general meeting of members was held on 01 Aug 2024 as per latest MCA records.
- Balance Sheet
General Investment And Commercial Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Director Appointment
Nikhil Rakesh Saigal was appointed as a Director was appointed as a Director on 23 May 2017 & has been associated with this company since 7 years 9 months .
- Director Appointment
Shashindra Bhat was appointed as a Director was appointed as a Director on 27 Jul 2009 & has been associated with this company since 15 years 7 months .
- Director Appointment
Kappettu Prakash Shetty was appointed as a Director was appointed as a Director on 10 May 2002 & has been associated with this company since 22 years 10 months .
- Company Incorporation
General Investment And Commercial Corporation Limited was registered on 17 Apr 1940 with Roc Bangalore & aged 84 years 10 months as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of General Investment And Commercial Corporation Limited?
General Investment And Commercial Corporation Limited was incorporated on 17 Apr 1940.
What is authorized share capital and paid-up capital of General Investment And Commercial Corporation Limited?
The authorized share capital of General Investment And Commercial Corporation Limited is ₹ 5.00 Cr and paid-up capital is ₹ 2.85 M.
Who are the current board members & directors of General Investment And Commercial Corporation Limited?
Currently 3 directors are associated with General Investment And Commercial Corporation Limited.
- Shashindra Bhat
- Kappettu Prakash Shetty
- Nikhil Rakesh Saigal
What is the registered address of General Investment And Commercial Corporation Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of General Investment And Commercial Corporation Limited is 1St Floor Manipal Centre Maruthi Veethika Chittaranjan Circle, India, Udupi, Karnataka, 576101.
What is the corporate identification number (CIN) and company number of General Investment And Commercial Corporation Limited?
The corporate identification number (CIN) of General Investment And Commercial Corporation Limited is U67120KA1940PLC001103 and the company number is 001103 as per Ministry of Corporate Affairs (MCA).
What has been the recent revenue trend for General Investment And Commercial Corporation Limited?
According to the financial reports for the fiscal year 2022, the revenue trend for General Investment And Commercial Corporation Limited has fallen by -26.21%.
How many employees does General Investment And Commercial Corporation Limited currently have?
As Per 2022 financial reports, 6 employees are currently employed by General Investment And Commercial Corporation Limited.
What change has been observed in the net worth of General Investment And Commercial Corporation Limited, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of General Investment And Commercial Corporation Limited has experienced an upsurge of 4.97%.
When was the last Balance Sheet of General Investment And Commercial Corporation Limited filed with the ROC?
The most recent Balance Sheet for General Investment And Commercial Corporation Limited was filed with the ROC on 31 Mar 2024.
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