Gits Food Products Private Limited

Specializes in processing vegetarian RTC and RTE food products, including spices and dairy items.

1994 | Pune, Maharashtra (India) | Active
Last Updated:

Gits Food Products Profile

Key Indicators

  • Authorised Capital ₹ 3.00 Cr
  • Paid Up Capital ₹ 2.98 Cr
  • Company Age 30 Year, 8 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 106.79 Cr
  • Satisfied Charges ₹ 21.70 Cr
  • Revenue Growth -4.66%
  • Profit Growth -27.94%
  • Ebitda -19.68%
  • Net Worth 15.04%
  • Total Assets 13.02%

About Gits Food Products

Gits Food Products Private Limited (GFPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 27 July 1994 and has a history of 30 years and eight months. Its registered office is in Pune, Maharashtra, India.

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 3.00 Cr and a paid-up capital of Rs 2.98 Cr.

The company currently has active open charges totaling ₹106.79 Cr. The company has closed loans amounting to ₹21.70 Cr, as per Ministry of Corporate Affairs (MCA) records.

Raju Gilani, Sahil Gilani, Aasiya Tejani, and Two other members serve as directors at the Company.

Company Details

  • Location

    Pune, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U15443MH1994PTC079891

  • Company No.

    079891

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    27 Jul 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Pune

Industry

Food and Beverages

What products or services does Gits Food Products Private Limited offer?

Gits Food Products Private Limited offers a wide range of products and services, including Cooking Spices and Masala, Masala Mix, Ready to Eat & Instant Food Mixes, Instant Mixes, Cereals & Food Grains, Pulses, Indian Sweets & Desserts, Milk Sweets, Snacks and Namkeen, Veg Snacks.

Who are the key members and board of directors at Gits Food Products?

Board Members (5)

NameDesignationAppointment DateStatus
Sahil Gilani Country flag representing In Director 01-Jul-2003Current
Raju Gilani Country flag representing In Director 27-Jul-1994Current
Aasiya Tejani Country flag representing In Director 01-Dec-2011Current
Mukhtar Tejani Country flag representing In Director 27-Jul-1994Current
Samana Tejani Country flag representing In Director 01-Dec-2011Current

Financial Performance of Gits Food Products.

Gits Food Products Private Limited, for the financial year ended 2022, experienced Minor drop in revenue, with a 4.66% decrease. The company also saw a substantial fall in profitability, with a 27.94% decrease in profit. The company's net worth Soared by an impressive increase of 15.04%.

Gits Food Products revenue growth over time
Gits Food Products 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
-4.66%
Revenue from Operations
-4.98%
Total Assets
13.02%
Profit or Loss
-27.94%
Net Worth
15.04%
EBITDA
-19.68%

What is the Ownership and Shareholding Structure of Gits Food Products?

In 2022, Gits Food Products had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹106.79 Cr

Satisfied Charges

₹21.70 Cr

Charges Breakdown by Lending Institutions

  • Others : 105.01 Cr
  • Hdfc Bank Limited : 1.70 Cr
  • The Jammu & Kashmir Bank Ltd. : 0.07 Cr

Latest Charge Details

DateLenderAmountStatus
20 Apr 2024Others₹5.00 CrOpen
30 Jan 2024Others₹5.00 CrOpen
09 May 2023Others₹27.00 CrOpen
19 Apr 2023Hdfc Bank Limited₹8.51 MOpen
19 Apr 2023Hdfc Bank Limited₹8.51 MOpen

How Many Employees Work at Gits Food Products?

Gits Food Products has a workforce of 840 employees as of Apr 10, 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.

Employee growth trends for Gits Food Products Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gits Food Products, 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 Gits Food Products'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 Gits Food Products

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 27.00 Cr registered on 09 May 2023 with Charge ID 100725714 was modified on 19 Nov 2024.

  • Annual General Meeting

    Gits Food Products Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge registered on 15 Dec 2020 via Charge ID 100408416 with Axis Bank Limited was fully satisfied on 02 Jun 2024.

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100931104 was registered on 20 Apr 2024.

  • Balance Sheet

    Gits Food Products Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Pune.

  • Charges

    A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100867720 was registered on 30 Jan 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Gits Food Products Private Limited?

    Gits Food Products Private Limited was incorporated on 27 Jul 1994.

  • What is authorized share capital and paid-up capital of Gits Food Products Private Limited?

    The authorized share capital of Gits Food Products Private Limited is ₹ 3.00 Cr and paid-up capital is ₹ 2.98 Cr.

  • Who are the current board members & directors of Gits Food Products Private Limited?

    Currently 5 directors are associated with Gits Food Products Private Limited.

    • Raju Harji Gilani
    • Sahil Raju Gilani
    • Aasiya Mukhtar Tejani
    • Mukhtar Akbarali Tejani
    • Samana Mukhtar Tejani

  • What is the registered address of Gits Food Products Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gits Food Products Private Limited is Gits House Hadapsarindustial Estate India, Pune, Maharashtra, 411013.

  • What is the corporate identification number (CIN) and company number of Gits Food Products Private Limited?

    The corporate identification number (CIN) of Gits Food Products Private Limited is U15443MH1994PTC079891 and the company number is 079891 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gits Food Products Private Limited?

    The Official website of Gits Food Products Private Limited is https://www.gitsfood.com

  • What has been the recent revenue trend for Gits Food Products Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Gits Food Products Private Limited has fallen by -4.66%.

  • How many employees does Gits Food Products Private Limited currently have?

    As Per 2022 financial reports, 840 employees are currently employed by Gits Food Products Private Limited.

  • What change has been observed in the net worth of Gits Food Products Private Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Gits Food Products Private Limited has experienced an upsurge of 15.04%.

  • What are the total open charges for Gits Food Products Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Gits Food Products Private Limited amount to ₹ 106.79 Cr.

  • When was the last Balance Sheet of Gits Food Products Private Limited filed with the ROC?

    The most recent Balance Sheet for Gits Food Products Private Limited was filed with the ROC on 31 Mar 2024.

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