Gls Polymers Profile
Key Indicators
- Authorised Capital ₹ 2.50 M
- Paid Up Capital ₹ 2.00 M
- Company Age 20 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 5.00 M
- Satisfied Charges ₹ 1.80 Cr
- Revenue Growth -41.25%
- Profit Growth -68.81%
- Ebitda -53.36%
- Net Worth 3.08%
- Total Assets 0.93%
About Gls Polymers
Gls Polymers Private Limited (GPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 February 2005 and has a history of 20 years and two months. Its registered office is in Bangaluru, Karnataka, 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 2024. It's a company limited by shares with an authorized capital of Rs 2.50 M and a paid-up capital of Rs 2.00 M.
The company currently has active open charges totaling ₹5.00 M. The company has closed loans amounting to ₹1.80 Cr, as per Ministry of Corporate Affairs (MCA) records.
Ganesh Mahadevappa and Praveena Ganesh serve as directors at the Company.
Company Details
- Location
Bangaluru, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U25209KA2005PTC035699
- Company No.
035699
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Feb 2005
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Manufacturing
What products or services does Gls Polymers Private Limited offer?
Gls Polymers Private Limited offers a wide range of products and services, including Plastic Granules, Polystyrene Granules, ABS Plastic Granules, Plastic Polymers, Polymer Granules, PP Granules, Black PP Granules, Nylon Granule, Nylon 66 Granule, Glass Filled Polypropylene.
Gls Polymers Private Limited
Explore comprehensive data for Gls Polymers Private Limited, including financials, compliance details, shareholding patterns, and litigation history.
Who are the key members and board of directors at Gls Polymers?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ganesh Mahadevappa  | Managing Director | 02-Apr-2007 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Praveena Ganesh | Director | 15-Dec-2007 | Current |
Financial Performance of Gls Polymers.
Gls Polymers Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 41.25% decrease. The company also saw a substantial fall in profitability, with a 68.81% decrease in profit. The company's net worth moved up by a moderate rise of 3.08%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Gls Polymers?
In 2023, Gls Polymers had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
Open Charges
₹5.00 M
Satisfied Charges
₹18.00 M
Charges Breakdown by Lending Institutions
- Canara Bank : 0.50 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Aug 2024 | Canara Bank | ₹5.00 M | Open |
| 25 Aug 2005 | Canara Bank | ₹1.80 Cr | Satisfied |
How Many Employees Work at Gls Polymers?
Gls Polymers has a workforce of 21 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Gls Polymers, 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 Gls Polymers's trajectory.
Rating
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
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 Gls Polymers
Recent activity within the organization
- Annual General Meeting
Gls Polymers Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge with Canara Bank amounted to Rs. 5.00 M with Charge ID 100974896 was registered on 23 Aug 2024.
- Charges
A charge registered on 25 Aug 2005 via Charge ID 80047629 with Canara Bank was fully satisfied on 23 Aug 2024.
- Balance Sheet
Gls Polymers Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
- Charges
A charge with Canara Bank of Rs. 18.00 M registered on 25 Aug 2005 with Charge ID 80047629 was modified on 17 May 2019.
- Director Appointment
Praveena Ganesh was appointed as a Director was appointed as a Director on 15 Dec 2007 & has been associated with this company since 17 years 4 months .
Frequently asked questions
What is the Incorporation or founding date of Gls Polymers Private Limited?
Gls Polymers Private Limited was incorporated on 25 Feb 2005.
What is authorized share capital and paid-up capital of Gls Polymers Private Limited?
The authorized share capital of Gls Polymers Private Limited is ₹ 2.50 M and paid-up capital is ₹ 2.00 M.
Who are the current board members & directors of Gls Polymers Private Limited?
Currently 2 directors are associated with Gls Polymers Private Limited.
- Ganesh Mahadevappa
- Praveena Ganesh
What is the registered address of Gls Polymers Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Gls Polymers Private Limited is No. 415, 11Th Cross 4Th Phasepeenya Industrial Area India, Bangalore., Karnataka, 560058.
What is the corporate identification number (CIN) and company number of Gls Polymers Private Limited?
The corporate identification number (CIN) of Gls Polymers Private Limited is U25209KA2005PTC035699 and the company number is 035699 as per Ministry of Corporate Affairs (MCA).
What is the official website of Gls Polymers Private Limited?
The Official website of Gls Polymers Private Limited is https://www.glspolymers.com
What has been the recent revenue trend for Gls Polymers Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Gls Polymers Private Limited has fallen by -41.25%.
How many employees does Gls Polymers Private Limited currently have?
As Per 2023 financial reports, 21 employees are currently employed by Gls Polymers Private Limited.
What change has been observed in the net worth of Gls Polymers Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Gls Polymers Private Limited has experienced an upsurge of 3.08%.
What are the total open charges for Gls Polymers Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Gls Polymers Private Limited amount to ₹ 5.00 M.
When was the last Balance Sheet of Gls Polymers Private Limited filed with the ROC?
The most recent Balance Sheet for Gls Polymers Private Limited was filed with the ROC on 31 Mar 2024.
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