Global Gas Cylinders Limited

Manufactures and trades LPG cylinders and other metallic containers.

1998 | Tiruvallur, Tamil Nadu (India) | Active
Last Updated: December 30, 2024

Global Gas Cylinders Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.53 Cr
  • Company Age 26 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 4.63 Cr
  • Revenue Growth %
  • Profit Growth -280.95%
  • Ebitda -280.95%
  • Net Worth -16.39%
  • Total Assets -0.38%

About Global Gas Cylinders

Global Gas Cylinders Limited (GGCL) is a Public Limited Indian Non-Government Company incorporated in India on 24 March 1998 and has a history of 26 years and ten months. Its registered office is in Tiruvallur, Tamil Nadu, India.

The Company is engaged in the Machinery And Equipment 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 2.00 Cr and a paid-up capital of Rs 1.53 Cr.

The company has closed loans amounting to ₹4.63 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Vijay Lagisetty, Vinay Lagisetty, Venkateswar Lagisetty, and One other member serve as directors at the Company.

Company Details

  • Location

    Tiruvallur, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U23203TN1998PLC040167

  • Company No.

    040167

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Mar 1998

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Machinery and Equipment

Who are the key members and board of directors at Global Gas Cylinders?

Executive Team (1)

Name Designation Appointment Date Status
Vijay Lagisetty Country flag representing In Managing Director 24-Mar-1998 Current

Board Members (3)

Name Designation Appointment Date Status
Vinay Lagisetty Country flag representing In Director 22-Mar-2007 Current
Venkateswar Lagisetty Country flag representing In Director 22-Mar-2007 Current
Phalgunakumar Lagisetty Country flag representing In Director 20-May-2024 Current

Financial Performance of Global Gas Cylinders.

Global Gas Cylinders Limited, for the financial year ended 2022, experienced no change in revenue, with a 0% increase. The company also saw a substantial fall in profitability, with a 280.95% decrease in profit. The company's net worth observed a substantial decline by a decrease of 16.39%.

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
Revenue from Operations
Total Assets
-0.38%
Profit or Loss
-280.95%
Net Worth
-16.39%
EBITDA
-280.95%

What is the Ownership and Shareholding Structure of Global Gas Cylinders?

In 2019, Global Gas Cylinders had a promoter holding of 47.41% and a public holding of 52.59%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹4.63 Cr

Charges Breakdown by Lending Institutions

  • Dena Bank : 4.63 Cr

Latest Charge Details

Date Lender Amount Status
14 Nov 2000 Dena Bank ₹0.40 M Satisfied
24 Sep 1998 Dena Bank ₹4.44 Cr Satisfied
24 Apr 1998 Dena Bank ₹0.14 M Satisfied
24 Sep 1988 Dena Bank ₹1.37 M Satisfied

How Many Employees Work at Global Gas Cylinders?

Unlock and access historical data on people associated with Global Gas Cylinders, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Global Gas Cylinders, 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 Global Gas Cylinders'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 Global Gas Cylinders

Recent activity within the organization

  • Annual General Meeting

    Global Gas Cylinders Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Director Appointment

    Phalgunakumar Lagisetty was appointed as a Director was appointed as a Director on 20 May 2024 & has been associated with this company since 8 months 17 days .

    20 May 2024

  • Balance Sheet

    Global Gas Cylinders Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge registered on 14 Nov 2000 via Charge ID 90292912 with Dena Bank was fully satisfied on 14 Aug 2010.

    14 Aug 2010

  • Charges

    A charge registered on 24 Apr 1998 via Charge ID 90292610 with Dena Bank was fully satisfied on 14 Aug 2010.

    14 Aug 2010

  • Charges

    A charge registered on 24 Sep 1988 via Charge ID 90291968 with Dena Bank was fully satisfied on 14 Aug 2010.

    14 Aug 2010

Frequently asked questions

  • Global Gas Cylinders Limited was incorporated on 24 Mar 1998.

  • The authorized share capital of Global Gas Cylinders Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.53 Cr.

  • Currently 4 directors are associated with Global Gas Cylinders Limited.

    • Vijay Kumar Setty Lagisetty
    • Vinay Kumar Lagisetty
    • Venkateswar Rao Lagisetty
    • Phalgunakumar Lagisetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Global Gas Cylinders Limited is 28/2 Gsm Classic Home B Block Ground Floor, Bhagavathi Ammal 2Nd Street India, Ambattur, Tamil Nadu, 600099.

  • The corporate identification number (CIN) of Global Gas Cylinders Limited is U23203TN1998PLC040167 and the company number is 040167 as per Ministry of Corporate Affairs (MCA).

  • The financial reports for the fiscal year 2022 indicates that The net worth of Global Gas Cylinders Limited has experienced an downturn of -16.39%.

  • The most recent Balance Sheet for Global Gas Cylinders Limited was filed with the ROC on 31 Mar 2024.

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