Gilco Exports Ltd

Manufacturer of custom steel products for various industries, including airports, agriculture, and retail.

1988 | Chandigarh (India) | Under Insolvency
Last Updated: January 16, 2025

Gilco Exports Profile

Key Indicators

  • Authorised Capital ₹ 2.30 Cr
  • Paid Up Capital ₹ 2.27 Cr
  • Company Age 36 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 42.77 Cr
  • Satisfied Charges ₹ 22.17 Cr
  • Revenue Growth -38.49%
  • Profit Growth -2522.58%
  • Ebitda -471.23%
  • Net Worth -53.83%
  • Total Assets -67.32%

About Gilco Exports

Gilco Exports Ltd (GEL) is Under Cirp company established on 28 Mar 1988 with its office registered at Chandigarh, India and has been running since 36 Year, 10 Months with a paid up capital of 2.27 Cr. According to MCA records, 3 Directors are linked to this company as of 16 Jan 2025.

Company Details

  • Location

    Chandigarh, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gilcoexports.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909CH1988PLC008172

  • Company No.

    008172

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Mar 1988

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Home & Lifestyle
Consumer Electronics & Durables

Who are the key members and board of directors at Gilco Exports?

Board Members (3)

Name Designation Appointment Date Status
Amar Singh Country flag representing In Director 11-Aug-2016 Current
Ansar Ahmad Country flag representing In Director 08-May-2019 Current
Mukul Mangal Country flag representing In Director 07-May-2019 Current

Financial Performance of Gilco Exports.

Gilco Exports Ltd, for the financial year ended 2022, experienced significant reduction in revenue, with a 38.49% decrease. The company also saw a substantial fall in profitability, with a 2522.58% decrease in profit. The company's net worth observed a substantial decline by a decrease of 53.83%.

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
-38.49%
Revenue from Operations
-41.48%
Total Assets
-67.32%
Profit or Loss
-2522.58%
Net Worth
-53.83%
EBITDA
-471.23%

What is the Ownership and Shareholding Structure of Gilco Exports?

In 2022, Gilco Exports had a promoter holding of 87.08% and a public holding of 12.92%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹42.77 Cr

Satisfied Charges

₹22.17 Cr

Charges Breakdown by Lending Institutions

  • Uco Bank : 42.56 Cr
  • State Bank Of India : 0.21 Cr

Latest Charge Details

Date Lender Amount Status
06 Aug 2011 Uco Bank ₹24.51 Cr Open
23 Nov 2009 Uco Bank ₹18.05 Cr Open
10 Aug 1998 State Bank Of India ₹0.40 M Open
01 May 1991 State Bank Of India ₹1.70 M Open
09 Oct 2015 Punjab National Bank ₹5.50 Cr Satisfied

How Many Employees Work at Gilco Exports?

Gilco Exports has a workforce of 6 employees as of Mar 27, 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 Gilco Exports, 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 Gilco Exports'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 Gilco Exports

Recent activity within the organization

  • Annual General Meeting

    Gilco Exports Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Gilco Exports Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge registered on 09 Oct 2015 via Charge ID 10600466 with Punjab National Bank was fully satisfied on 29 Jul 2021.

    29 Jul 2021

  • Director Appointment

    Ansar Ahmad was appointed as a Director was appointed as a Director on 08 May 2019 & has been associated with this company since 5 years 9 months .

    08 May 2019

  • Director Appointment

    Mukul Mangal was appointed as a Director was appointed as a Director on 07 May 2019 & has been associated with this company since 5 years 9 months .

    07 May 2019

  • Director Appointment

    Amar Singh was appointed as a Director was appointed as a Director on 11 Aug 2016 & has been associated with this company since 8 years 6 months .

    11 Aug 2016

Frequently asked questions

  • Gilco Exports Ltd was incorporated on 28 Mar 1988.

  • The authorized share capital of Gilco Exports Ltd is ₹ 2.30 Cr and paid-up capital is ₹ 2.27 Cr.

  • Currently 3 directors are associated with Gilco Exports Ltd.

    • Amar Singh
    • Ansar Ahmad
    • Mukul Mangal
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gilco Exports Ltd is Semi Industrial Shop No S1-91 Area Phase Ii India, Chandigarh, 160102.

  • The corporate identification number (CIN) of Gilco Exports Ltd is U51909CH1988PLC008172 and the company number is 008172 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gilco Exports Ltd is https://www.gilcoexports.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Gilco Exports Ltd has fallen by -38.49%.

  • As Per 2022 financial reports, 6 employees are currently employed by Gilco Exports Ltd.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Gilco Exports Ltd has experienced an downturn of -53.83%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Gilco Exports Ltd amount to ₹ 42.77 Cr.

  • The most recent Balance Sheet for Gilco Exports Ltd was filed with the ROC on 31 Mar 2023.

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