Gj Innovations & Textile Network Private Limited

Manufactures and sells branded clothing for men and women.

2005 | Virudhunagar, Tamil Nadu (India) | Active
Last Updated:

Gj Innovations & Textile Network Profile

Key Indicators

  • Authorised Capital ₹ 7.80 M
  • Paid Up Capital ₹ 7.80 M
  • Company Age 19 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.96 Cr
  • Satisfied Charges ₹ 3.01 Cr
  • Revenue Growth 23.81%
  • Profit Growth 40.27%
  • Ebitda 23.90%
  • Net Worth 22.16%
  • Total Assets -24.90%

About Gj Innovations & Textile Network

Gj Innovations & Textile Network Private Limited (GITNPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 01 September 2005 and has a history of 19 years and six months. Its registered office is in Virudhunagar, Tamil Nadu, India.

The Company is engaged in the Fashion And Textile 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 7.80 M and a paid-up capital of Rs 7.80 M.

The company currently has active open charges totaling ₹9.96 Cr. The company has closed loans amounting to ₹3.01 Cr, as per Ministry of Corporate Affairs (MCA) records.

Jawahar Govindaraj, Pandurangan Govindaraj, and Karpagavalli Govindaraj serve as directors at the Company.

Company Details

  • Location

    Virudhunagar, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    pentagontextiles.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U73100TN2005PTC057371

  • Company No.

    057371

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    01 Sep 2005

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Fashion and Textile

Who are the key members and board of directors at Gj Innovations & Textile Network?

Board Members (3)

NameDesignationAppointment DateStatus
Jawahar Govindaraj Country flag representing In Director 01-Sep-2005Current
Pandurangan Govindaraj Country flag representing In Director 01-Sep-2005Current
Karpagavalli Govindaraj Country flag representing In Director 28-Nov-2022Current

Financial Performance of Gj Innovations & Textile Network.

Gj Innovations & Textile Network Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 23.81% increase. The company also saw a substantial improvement in profitability, with a 40.27% increase in profit. The company's net worth Soared by an impressive increase of 22.16%.

Gj Innovations & Textile Network revenue growth over time
Gj Innovations & Textile Network 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
23.81%
Revenue from Operations
24.03%
Total Assets
-24.90%
Profit or Loss
40.27%
Net Worth
22.16%
EBITDA
23.90%

What is the Ownership and Shareholding Structure of Gj Innovations & Textile Network?

In 2023, Gj Innovations & Textile Network 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

₹99.65 M

Satisfied Charges

₹30.10 M

Charges Breakdown by Lending Institutions

  • City Union Bank Limited : 9.75 Cr
  • Others : 0.21 Cr

Latest Charge Details

DateLenderAmountStatus
12 Jul 2017Others₹2.15 MOpen
21 Nov 2016City Union Bank Limited₹9.75 CrOpen
06 Nov 2017Sidbi₹9.00 MSatisfied
13 Feb 2013Indian Bank₹1.25 CrSatisfied
08 Jul 2010Indian Bank₹8.60 MSatisfied

How Many Employees Work at Gj Innovations & Textile Network?

Gj Innovations & Textile Network has a workforce of 737 employees as of Apr 08, 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 Gj Innovations & Textile Network Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gj Innovations & Textile Network, 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 Gj Innovations & Textile Network'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 Gj Innovations & Textile Network

Recent activity within the organization

  • Charges

    A charge with City Union Bank Limited of Rs. 97.50 M registered on 21 Nov 2016 with Charge ID 100073939 was modified on 12 Mar 2024.

  • Annual General Meeting

    Gj Innovations & Textile Network Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Gj Innovations & Textile Network Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

  • Charges

    A charge registered on 06 Nov 2017 via Charge ID 100131948 with Sidbi was fully satisfied on 12 Dec 2022.

  • Director Appointment

    Karpagavalli Govindaraj was appointed as a Director was appointed as a Director on 28 Nov 2022 & has been associated with this company since 2 years 3 months .

  • Charges

    A charge with Sidbi amounted to Rs. 9.00 M with Charge ID 100131948 was registered on 06 Nov 2017.

Frequently asked questions

  • What is the Incorporation or founding date of Gj Innovations & Textile Network Private Limited?

    Gj Innovations & Textile Network Private Limited was incorporated on 01 Sep 2005.

  • What is authorized share capital and paid-up capital of Gj Innovations & Textile Network Private Limited?

    The authorized share capital of Gj Innovations & Textile Network Private Limited is ₹ 7.80 M and paid-up capital is ₹ 7.80 M.

  • Who are the current board members & directors of Gj Innovations & Textile Network Private Limited?

    Currently 3 directors are associated with Gj Innovations & Textile Network Private Limited.

    • Jawahar Govindaraj
    • Pandurangan Govindaraj
    • Karpagavalli Govindaraj
  • What is the registered address of Gj Innovations & Textile Network Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gj Innovations & Textile Network Private Limited is 1/407 D.P-2, Sidco Industrial Estate Sulakkarai India, Virudhunagar, Tamil Nadu, 626003.

  • What is the corporate identification number (CIN) and company number of Gj Innovations & Textile Network Private Limited?

    The corporate identification number (CIN) of Gj Innovations & Textile Network Private Limited is U73100TN2005PTC057371 and the company number is 057371 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gj Innovations & Textile Network Private Limited?

    The Official website of Gj Innovations & Textile Network Private Limited is https://www.pentagontextiles.com

  • What has been the recent revenue trend for Gj Innovations & Textile Network Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Gj Innovations & Textile Network Private Limited has risen by 23.81%.

  • How many employees does Gj Innovations & Textile Network Private Limited currently have?

    As Per 2023 financial reports, 737 employees are currently employed by Gj Innovations & Textile Network Private Limited.

  • What change has been observed in the net worth of Gj Innovations & Textile Network Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Gj Innovations & Textile Network Private Limited has experienced an upsurge of 22.16%.

  • What are the total open charges for Gj Innovations & Textile Network Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Gj Innovations & Textile Network Private Limited amount to ₹ 9.96 Cr.

  • When was the last Balance Sheet of Gj Innovations & Textile Network Private Limited filed with the ROC?

    The most recent Balance Sheet for Gj Innovations & Textile Network Private Limited was filed with the ROC on 31 Mar 2023.