Go Fashion (India) Profile
Key Indicators
- Authorised Capital ₹ 105.00 Cr
- Paid Up Capital ₹ 54.01 Cr
- Company Age 14 Year, 5 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 204.00 Cr
- Satisfied Charges ₹ 38.60 Cr
- Revenue Growth 60.43%
- Profit Growth 132.57%
- Ebitda 78.37%
- Net Worth 18.71%
- Total Assets 23.31%
About Go Fashion (India)
Go Fashion (India) Limited (GFIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 September 2010 and has a history of 14 years and five months. Its registered office is in Chennai, Tamil Nadu, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 543401 and on the National Stock Exchange(NSE) under GOCOLORS.
The Corporate was formerly known as Go Fashion (India) Private Limited. The Company is engaged in the Trading 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 105.00 Cr and a paid-up capital of Rs 54.01 Cr.
The company currently has active open charges totaling ₹204.00 Cr. The company has closed loans amounting to ₹38.60 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Go Fashion (India) Limited India are Gautam Saraogi as Ceo, Ramaseshan Mohan as Cfo, and Gayathri Venkatesan as Company Secretary. Srinivasan Sridhar, Dinesh Gupta, Prakash Saraogi, and Three other members serve as directors at the Company.
Company Details
- Location
Chennai, Tamil Nadu, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
Industry
Trading
What products or services does Go Fashion (India) Limited offer?
Go Fashion (India) Limited offers a wide range of products and services, including Garmnt, Denim Jegging, Embrod, Kids Palazzo, Cotton Jegging, Te Knitw, Cotton Lycra Leggings, Fabric Clothing, Cotton Trousers, Ladies Cotton Pant.
Who are the key members and board of directors at Go Fashion (India)?
Executive Team (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Prakash Saraogi  | Managing Director | 09-Sep-2010 | Current |
| Gautam Saraogi | CEO | 30-Jun-2021 | Current |
| Ramaseshan Mohan | CFO | 01-Apr-2019 | Current |
| Gayathri Venkatesan | Company Secretary | 25-Oct-2019 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Srinivasan Sridhar | Director | 22-Jul-2021 | Current |
| Dinesh Gupta | Director | 30-Jun-2021 | Current |
| Rahul Saraogi | Director | 09-Sep-2010 | Current |
| Gautam Saraogi | Director | 09-Sep-2010 | Current |
| Rohini Manian | Director | 30-Jun-2021 | Current |
Financial Performance of Go Fashion (India).
Go Fashion (India) Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 60.43% increase. The company also saw a substantial improvement in profitability, with a 132.57% increase in profit. The company's net worth Soared by an impressive increase of 18.71%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Go Fashion (India)?
In 2022, Go Fashion (India) had a promoter holding of 52.78% and a public holding of 47.21%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Winwind Power Energy Private LimitedPrakash Saraogi and Gautam Saraogi are mutual person
Invenire Petrodyne LimitedRahul Saraogi is a mutual person
Propcierge Private LimitedRohini Manian is a mutual person
Jekpl Private LimitedRahul Saraogi is a mutual person
Invenire Energy Private LimitedRahul Saraogi is a mutual person
Global Adjustments FoundationRohini Manian is a mutual person
Charges (Loans)
Open Charges
₹204.00 Cr
Satisfied Charges
₹38.60 Cr
Charges Breakdown by Lending Institutions
- Others : 140.00 Cr
- Axis Bank Limited : 39.00 Cr
- Hdfc Bank Limited : 25.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 20 Jun 2023 | Hdfc Bank Limited | ₹25.00 Cr | Open |
| 12 Dec 2022 | Axis Bank Limited | ₹39.00 Cr | Open |
| 03 Nov 2020 | Others | ₹60.00 Cr | Open |
| 03 May 2017 | Others | ₹80.00 Cr | Open |
| 07 Dec 2021 | Others | ₹5.00 Cr | Satisfied |
How Many Employees Work at Go Fashion (India)?
Go Fashion (India) has a workforce of 3165 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Go Fashion (India), 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 Go Fashion (India)'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 Go Fashion (India)
Recent activity within the organization
- Annual General Meeting
Go Fashion (India) Limited last Annual general meeting of members was held on 05 Sep 2023 as per latest MCA records.
- Charges
A charge with Hdfc Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100767736 was registered on 20 Jun 2023.
- Balance Sheet
Go Fashion (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.
- Charges
A charge registered on 07 Dec 2021 via Charge ID 100506494 with Others was fully satisfied on 10 Mar 2023.
- Charges
A charge with Axis Bank Limited amounted to Rs. 39.00 Cr with Charge ID 100657430 was registered on 12 Dec 2022.
- Charges
A charge with Others of Rs. 80.00 Cr registered on 03 May 2017 with Charge ID 100095832 was modified on 13 Sep 2022.
Recent News, Updates & Announcement
- Sequoia Capital to sell 10.18% stake in Go Fashion via block deal: Report | Mint.
The floor price for the stake sale will be ₹1,135 per share, which would mark a discount of 5 per cent as compared to the last closing price. The total size of the block deal will be ₹624 crore, the report added..
Frequently asked questions
What is the Incorporation or founding date of Go Fashion (India) Limited?
Go Fashion (India) Limited was incorporated on 09 Sep 2010.
What is authorized share capital and paid-up capital of Go Fashion (India) Limited?
The authorized share capital of Go Fashion (India) Limited is ₹ 105.00 Cr and paid-up capital is ₹ 54.01 Cr.
Who are the current board members & directors of Go Fashion (India) Limited?
Currently 9 directors are associated with Go Fashion (India) Limited.
- Srinivasan Sridhar
- Dinesh Madanlal Gupta
- Prakash Kumar Saraogi
- Rahul Saraogi
- Gautam Saraogi
- Rohini Manian
- Gautam Saraogi
- Ramaseshan Mohan
- Gayathri Venkatesan
What is the registered address of Go Fashion (India) Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Go Fashion (India) Limited is Sathak Center 5Th Floor New No.4 Old No.144/2 Nungambakkam Hig H Road, India, Chennai, Tamil Nadu, 600034.
What is the corporate identification number (CIN) and company number of Go Fashion (India) Limited?
The corporate identification number (CIN) of Go Fashion (India) Limited is L17291TN2010PLC077303 and the company number is 077303 as per Ministry of Corporate Affairs (MCA).
Is Go Fashion (India) Limited registered with any stock exchange in India?
Yes, Go Fashion (India) Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): GOCOLORS.
What is the official website of Go Fashion (India) Limited?
The Official website of Go Fashion (India) Limited is https://www.gocolors.com
What has been the recent revenue trend for Go Fashion (India) Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Go Fashion (India) Limited has risen by 60.43%.
How many employees does Go Fashion (India) Limited currently have?
As Per 2023 financial reports, 3165 employees are currently employed by Go Fashion (India) Limited.
What change has been observed in the net worth of Go Fashion (India) Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Go Fashion (India) Limited has experienced an upsurge of 18.71%.
What are the total open charges for Go Fashion (India) Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Go Fashion (India) Limited amount to ₹ 204.00 Cr.
When was the last Balance Sheet of Go Fashion (India) Limited filed with the ROC?
The most recent Balance Sheet for Go Fashion (India) Limited was filed with the ROC on 31 Mar 2023.
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