Gmsbags Biotech Private Limited

Manufactures and sells eco-friendly handicrafts made of various materials.

2019 | Davangere, Karnataka (India) | Active
Last Updated:

Gmsbags Biotech Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 1.00 Cr
  • Company Age 5 Year, 7 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.28 Cr
  • Revenue Growth 109.98%
  • Profit Growth -319.00%
  • Ebitda 298.39%
  • Net Worth -1682.84%
  • Total Assets 112.87%

About Gmsbags Biotech

Gmsbags Biotech Private Limited (GBPL) is a Private Limited Indian Non-Government Company incorporated in India on 30 September 2019 (Five years and seven months 11 days old ). Its registered office is in Davangere, Karnataka, India.

The Company is engaged in the Home & Lifestyle 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 1.00 Cr and a paid-up capital of Rs 1.00 Cr.

The company currently has active open charges totaling ₹1.28 Cr.

Shruthi Mallikarjuna, Manjunath Gorantla, and Gorantla Devi serve as directors at the Company.

Company Details

  • Location

    Davangere, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U19115KA2019PTC128382

  • Company No.

    128382

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    30 Sep 2019

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Home & Lifestyle
Company report

Gmsbags Biotech Private Limited

Explore comprehensive data for Gmsbags Biotech Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Gmsbags Biotech?

Executive Team (1)

NameDesignationAppointment DateStatus
Manjunath Gorantla Country flag representing In Managing Director30-Sep-2019Current

Board Members (2)

NameDesignationAppointment DateStatus
Shruthi Mallikarjuna Country flag representing In Director 30-Sep-2019Current
Gorantla Devi Country flag representing In Director 30-Sep-2019Current

Financial Performance of Gmsbags Biotech.

Gmsbags Biotech Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 109.98% increase. The company also saw a substantial fall in profitability, with a 319% decrease in profit. The company's net worth observed a substantial decline by a decrease of 1682.84%.

Gmsbags Biotech revenue growth over time
Gmsbags Biotech 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
109.98%
Revenue from Operations
110.26%
Total Assets
112.87%
Profit or Loss
-319.00%
Net Worth
-1682.84%
EBITDA
298.39%

What is the Ownership and Shareholding Structure of Gmsbags Biotech?

In 2022, Gmsbags Biotech 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

₹1.28 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • State Bank Of India : 1.28 Cr

Latest Charge Details

DateLenderAmountStatus
30 Jun 2021State Bank Of India₹1.28 CrOpen

How Many Employees Work at Gmsbags Biotech?

Gmsbags Biotech has a workforce of 12 employees as of Apr 06, 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 Gmsbags Biotech Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gmsbags Biotech, 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 Gmsbags Biotech'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 Gmsbags Biotech

Recent activity within the organization

  • Annual General Meeting

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

  • Balance Sheet

    Gmsbags Biotech Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

  • Charges

    A charge with State Bank Of India of Rs. 1.28 Cr registered on 30 Jun 2021 with Charge ID 100462761 was modified on 03 Apr 2023.

  • Charges

    A charge with State Bank Of India amounted to Rs. 1.28 Cr with Charge ID 100462761 was registered on 30 Jun 2021.

  • Director Appointment

    Shruthi Kurki Mallikarjuna was appointed as a Director was appointed as a Director on 30 Sep 2019 & has been associated with this company since 5 years 7 months .

  • Director Appointment

    Manjunath Gorantla was appointed as a Managing Director was appointed as a Managing Director on 30 Sep 2019 & has been associated with this company since 5 years 7 months .

Frequently asked questions

  • What is the Incorporation or founding date of Gmsbags Biotech Private Limited?

    Gmsbags Biotech Private Limited was incorporated on 30 Sep 2019.

  • What is authorized share capital and paid-up capital of Gmsbags Biotech Private Limited?

    The authorized share capital of Gmsbags Biotech Private Limited is ₹ 1.00 Cr and paid-up capital is ₹ 1.00 Cr.

  • Who are the current board members & directors of Gmsbags Biotech Private Limited?

    Currently 3 directors are associated with Gmsbags Biotech Private Limited.

    • Shruthi Kurki Mallikarjuna
    • Manjunath Gorantla
    • Gorantla Lakshmi Devi
  • What is the registered address of Gmsbags Biotech Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gmsbags Biotech Private Limited is No. 187 Thumate Badavane Dvg Road, Jagalur India, Davanagere, Karnataka, 577528.

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

    The corporate identification number (CIN) of Gmsbags Biotech Private Limited is U19115KA2019PTC128382 and the company number is 128382 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Gmsbags Biotech Private Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Gmsbags Biotech Private Limited has risen by 109.98%.

  • How many employees does Gmsbags Biotech Private Limited currently have?

    As Per 2022 financial reports, 12 employees are currently employed by Gmsbags Biotech Private Limited.

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

    The financial reports for the fiscal year 2022 indicates that The net worth of Gmsbags Biotech Private Limited has experienced an downturn of -1682.84%.

  • What are the total open charges for Gmsbags Biotech Private Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Gmsbags Biotech Private Limited amount to ₹ 1.28 Cr.

  • When was the last Balance Sheet of Gmsbags Biotech Private Limited filed with the ROC?

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

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