Gmg Technotrades Private Limited

Distributes industrial and mining spares and consumables, including air conditioning, brakes, cables, and rubber products.

1998 | Nagpur, Maharashtra (India) | Active
Last Updated: October 23, 2024

Gmg Technotrades Profile

Key Indicators

  • Authorised Capital ₹ 6.00 M
  • Paid Up Capital ₹ 2.81 M
  • Company Age 26 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 5.10 Cr
  • Satisfied Charges ₹ 11.80 Cr
  • Revenue Growth 16.90%
  • Profit Growth 11.90%
  • Ebitda 65.06%
  • Net Worth -2.47%
  • Total Assets 5.40%

About Gmg Technotrades

Gmg Technotrades Private Limited (GTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 26 November 1998 and has a history of 26 years and three months. Its registered office is in Nagpur, Maharashtra, India.

The Company is engaged in the E-Commerce 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 6.00 M and a paid-up capital of Rs 2.81 M.

The company currently has active open charges totaling ₹5.10 Cr. The company has closed loans amounting to ₹11.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rahul Meshram, Anita Gupta, and Atul Gupta serve as directors at the Company.

Company Details

  • Location

    Nagpur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    multisteer.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31900MH1998PTC117226

  • Company No.

    117226

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    26 Nov 1998

  • Date of AGM

    13 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

E-Commerce

What products or services does Gmg Technotrades Private Limited offer?

Gmg Technotrades Private Limited offers a wide range of products and services, including Communication Systems and Equipment, Customer Care BPO Services, Networking Solutions, Drivetrain Components, Transmission Parts, Automotive Rubber Components, Industrial Rubber Components, Industrial Valves & Valve Fittings, Control Valves, Marine Tools & Equipments.

Who are the key members and board of directors at Gmg Technotrades?

Financial Performance of Gmg Technotrades.

Gmg Technotrades Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.9% increase. The company also saw a substantial improvement in profitability, with a 11.9% increase in profit. The company's net worth dipped by a decrease of 2.47%.

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
16.90%
Revenue from Operations
22.56%
Total Assets
5.40%
Profit or Loss
11.90%
Net Worth
-2.47%
EBITDA
65.06%

What is the Ownership and Shareholding Structure of Gmg Technotrades?

In 2023, Gmg Technotrades had a promoter holding of 57.99% and a public holding of 42.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹51.00 M

Satisfied Charges

₹118.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 5.10 Cr

Latest Charge Details

DateLenderAmountStatus
20 Nov 2023Axis Bank Limited₹1.10 CrOpen
30 Mar 2011Axis Bank Limited₹4.00 CrOpen
27 Jul 2023Others₹5.00 CrSatisfied
17 Mar 2007State Bank Of India₹4.00 CrSatisfied
16 Apr 1999State Bank Of India₹2.80 CrSatisfied

How Many Employees Work at Gmg Technotrades?

Gmg Technotrades has a workforce of 63 employees as of Apr 05, 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 Gmg Technotrades, 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 Gmg Technotrades'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 Gmg Technotrades

Recent activity within the organization

  • Annual General Meeting

    Gmg Technotrades Private Limited last Annual general meeting of members was held on 13 Sep 2024 as per latest MCA records.

    13 Sep 2024

  • Balance Sheet

    Gmg Technotrades Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge registered on 27 Jul 2023 via Charge ID 100783519 with Others was fully satisfied on 02 Feb 2024.

    02 Feb 2024

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 11.00 M with Charge ID 100823724 was registered on 20 Nov 2023.

    20 Nov 2023

  • Charges

    A charge with Others amounted to Rs. 50.00 M with Charge ID 100783519 was registered on 27 Jul 2023.

    27 Jul 2023

  • Director Appointment

    Rahul Deorao Meshram was appointed as a Director was appointed as a Director on 10 Apr 2023 & has been associated with this company since 1 year 10 months .

    10 Apr 2023

Frequently asked questions

  • What is the Incorporation or founding date of Gmg Technotrades Private Limited?

    Gmg Technotrades Private Limited was incorporated on 26 Nov 1998.

  • What is authorized share capital and paid-up capital of Gmg Technotrades Private Limited?

    The authorized share capital of Gmg Technotrades Private Limited is ₹ 6.00 M and paid-up capital is ₹ 2.81 M.

  • Who are the current board members & directors of Gmg Technotrades Private Limited?

    Currently 3 directors are associated with Gmg Technotrades Private Limited.

    • Rahul Deorao Meshram
    • Anita Atul Gupta
    • Atul Ramsharan Gupta
  • What is the registered address of Gmg Technotrades Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gmg Technotrades Private Limited is Plot No. W-82 W-83, W-84 Midc Industrial Area Hingna India, Nagpur, Maharashtra, 440016.

  • What is the corporate identification number (CIN) and company number of Gmg Technotrades Private Limited?

    The corporate identification number (CIN) of Gmg Technotrades Private Limited is U31900MH1998PTC117226 and the company number is 117226 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gmg Technotrades Private Limited?

    The Official website of Gmg Technotrades Private Limited is https://www.multisteer.com

  • What has been the recent revenue trend for Gmg Technotrades Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Gmg Technotrades Private Limited has risen by 16.90%.

  • How many employees does Gmg Technotrades Private Limited currently have?

    As Per 2023 financial reports, 63 employees are currently employed by Gmg Technotrades Private Limited.

  • What change has been observed in the net worth of Gmg Technotrades Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Gmg Technotrades Private Limited has experienced an downturn of -2.47%.

  • What are the total open charges for Gmg Technotrades Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Gmg Technotrades Private Limited amount to ₹ 5.10 Cr.

  • When was the last Balance Sheet of Gmg Technotrades Private Limited filed with the ROC?

    The most recent Balance Sheet for Gmg Technotrades Private Limited was filed with the ROC on 31 Mar 2024.

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