Gimatex Industries Private Limited

Manufacturer of yarn, fabric, and biotechnology products with ISO certifications.

1994 | Wardha, Maharashtra (India) | Active
Last Updated: October 24, 2024

Gimatex Industries Profile

Key Indicators

  • Authorised Capital ₹ 15.00 Cr
  • Paid Up Capital ₹ 11.25 Cr
  • Company Age 30 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1,861.71 Cr
  • Satisfied Charges ₹ 264.24 Cr
  • Revenue Growth -13.16%
  • Profit Growth -25.92%
  • Ebitda -5.65%
  • Net Worth 9.22%
  • Total Assets 5.56%

About Gimatex Industries

Gimatex Industries Private Limited (GIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 July 1994 and has a history of 30 years and six months. Its registered office is in Wardha, Maharashtra, India.

The Company is engaged in the Manufacturing 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 15.00 Cr and a paid-up capital of Rs 11.25 Cr.

The company currently has active open charges totaling ₹1,861.71 Cr. The company has closed loans amounting to ₹264.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gimatex Industries Private Limited India is Yugandhara Kothalkar as COMPANY SECRETARY. Vineetkumar Mohota, Prashantkumar Mohota, Basantkumar Mohota, and Three other members serve as directors at the Company.

Company Details

  • Location

    Wardha, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U17120MH1994PTC079863

  • Company No.

    079863

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Jul 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Manufacturing
Food and Beverages

What products or services does Gimatex Industries Private Limited offer?

Gimatex Industries Private Limited offers a wide range of products and services, including Apparel Fabrics & Clothing Textiles, Synthetic Fabric, Edible Oil & Allied Products, Cooking Oil, Dyeing & Printing, Fabric Dyeing Services, Fabric Finishing Services, Yarn, Yarns & Threads, Polyester Yarn.

Who are the key members and board of directors at Gimatex Industries?

Executive Team (2)

Name Designation Appointment Date Status
Prashantkumar Mohota Country flag representing In Managing Director 06-Feb-2006 Current
Yugandhara Kothalkar Company Secretary 30-Jun-2024 Current

Board Members (5)

Name Designation Appointment Date Status
Vineetkumar Mohota Country flag representing In Director 14-Aug-2000 Current
Basantkumar Mohota Country flag representing In Director 22-Jul-2005 Current
Rameshchand Gandhi Country flag representing In Whole-Time Director 06-Feb-2006 Current
Anuragkumar Mohota Country flag representing In Director 31-Jan-2012 Current
Goutam Dhang Country flag representing In Whole-Time Director 02-May-2022 Current

Financial Performance of Gimatex Industries.

Gimatex Industries Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.16% decrease. The company also saw a substantial fall in profitability, with a 25.92% decrease in profit. The company's net worth moved up by a moderate rise of 9.22%.

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
-13.16%
Revenue from Operations
-13.24%
Total Assets
5.56%
Profit or Loss
-25.92%
Net Worth
9.22%
EBITDA
-5.65%

What is the Ownership and Shareholding Structure of Gimatex Industries?

In 2023, Gimatex Industries had a promoter holding of 3.86% and a public holding of 96.14%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1,861.71 Cr

Satisfied Charges

₹264.24 Cr

Charges Breakdown by Lending Institutions

  • Others : 1757.01 Cr
  • Hdfc Bank Limited : 82.55 Cr
  • Axis Bank Limited : 20.00 Cr
  • Icici Bank Limited : 1.65 Cr
  • Indian Bank : 0.51 Cr

Latest Charge Details

Date Lender Amount Status
12 Aug 2024 Indian Bank ₹1.53 M Open
01 Aug 2024 Indian Bank ₹1.53 M Open
14 Jun 2024 Hdfc Bank Limited ₹25.00 Cr Open
25 Jan 2024 Indian Bank ₹2.03 M Open
08 May 2023 Others ₹40.00 Cr Open

How Many Employees Work at Gimatex Industries?

Gimatex Industries has a workforce of 3138 employees as of Mar 24, 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 Gimatex Industries, 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 Gimatex Industries'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 Gimatex Industries

Recent activity within the organization

  • Charges

    A charge with Indian Bank amounted to Rs. 0.15 Cr with Charge ID 100966237 was registered on 12 Aug 2024.

    12 Aug 2024

  • Charges

    A charge with Indian Bank amounted to Rs. 0.15 Cr with Charge ID 100965062 was registered on 01 Aug 2024.

    01 Aug 2024

  • Charges

    A charge registered on 11 Dec 2019 via Charge ID 100308895 with Axis Bank Limited was fully satisfied on 03 Jul 2024.

    03 Jul 2024

  • Director Appointment

    Yugandhara Prakash Kothalkar was appointed as a Company Secretary was appointed as a Company Secretary on 30 Jun 2024 & has been associated with this company since 7 months 3 days .

    30 Jun 2024

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100949090 was registered on 14 Jun 2024.

    14 Jun 2024

  • Charges

    A charge with Indian Bank amounted to Rs. 0.20 Cr with Charge ID 100860653 was registered on 25 Jan 2024.

    25 Jan 2024

Frequently asked questions

  • Gimatex Industries Private Limited was incorporated on 26 Jul 1994.

  • The authorized share capital of Gimatex Industries Private Limited is ₹ 15.00 Cr and paid-up capital is ₹ 11.25 Cr.

  • Currently 7 directors are associated with Gimatex Industries Private Limited.

    • Vineetkumar Basantkumar Mohota
    • Prashantkumar Basantkumar Mohota
    • Basantkumar Girdhardas Mohota
    • Rameshchand Hansrajji Gandhi
    • Anuragkumar Basantkumar Mohota
    • Goutam Kumar Dhang
    • Yugandhara Prakash Kothalkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gimatex Industries Private Limited is Ram Mandir Ward India, Hinganghat, Maharashtra, 442301.

  • The corporate identification number (CIN) of Gimatex Industries Private Limited is U17120MH1994PTC079863 and the company number is 079863 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gimatex Industries Private Limited is https://www.gimatex.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gimatex Industries Private Limited has fallen by -13.16%.

  • As Per 2023 financial reports, 3138 employees are currently employed by Gimatex Industries Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gimatex Industries Private Limited has experienced an upsurge of 9.22%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gimatex Industries Private Limited amount to ₹ 1,861.71 Cr.

  • The most recent Balance Sheet for Gimatex Industries Private Limited was filed with the ROC on 31 Mar 2023.

People also Viewed

Similar Companies Based on Edible Oils & Cooking Fats