Gogte Infrastructure Development Corporation Limited

Design, construct, and operate hotels and restaurants in various cities.

1980 | Belgaum, Karnataka (India) | Active
Last Updated: December 25, 2024

Gogte Infrastructure Development Corporation Profile

Key Indicators

  • Authorised Capital ₹ 50.00 Cr
  • Paid Up Capital ₹ 45.18 Cr
  • Company Age 44 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 9.65 Cr
  • Satisfied Charges ₹ 23.89 Cr
  • Revenue Growth 51.48%
  • Profit Growth 50.54%
  • Ebitda 380.13%
  • Net Worth -10.52%
  • Total Assets -1.74%

About Gogte Infrastructure Development Corporation

Gogte Infrastructure Development Corporation Limited (GIDCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 17 May 1980 and has a history of 44 years and nine months. Its registered office is in Belgaum, Karnataka, India.

The Corporate was formerly known as Gogte Textiles Limited. The Company is engaged in the Travel And Hospitality 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 50.00 Cr and a paid-up capital of Rs 45.18 Cr.

The company currently has active open charges totaling ₹9.65 Cr. The company has closed loans amounting to ₹23.89 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gogte Infrastructure Development Corporation Limited India are Sachin Yerpude as CFO and Ashima Jain as Company Secretary. Anand Gogte, Madhav Gogte, Shirish Balakrishna, and Four other members serve as directors at the Company.

Company Details

  • Location

    Belgaum, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gogteinfrastructure.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17115KA1980PLC003828

  • Company No.

    003828

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    17 May 1980

  • Date of AGM

    27 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Travel and Hospitality

Who are the key members and board of directors at Gogte Infrastructure Development Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Madhav Gogte Country flag representing In Managing Director26-Jun-1998Current
Sachin Yerpude CFO21-Aug-2020Current
Ashima Jain Country flag representing In Company Secretary01-Oct-2019Current

Board Members (6)

NameDesignationAppointment DateStatus
Anand Gogte Country flag representing In Director 17-May-1980Current
Shirish Balakrishna Country flag representing In Director 17-May-1980Current
Siddharth Gogte Country flag representing In Director 29-Apr-2013Current
Onkar Gogte Country flag representing In Director 18-Jul-2014Current
Prabhakar Apte Country flag representing In Whole-Time Director 29-Sep-2017Current
Vadiraj Mutalik Additional Director 25-Aug-2024Current

Financial Performance of Gogte Infrastructure Development Corporation.

Gogte Infrastructure Development Corporation Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 51.48% increase. The company also saw a substantial improvement in profitability, with a 50.54% increase in profit. The company's net worth observed a substantial decline by a decrease of 10.52%.

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
51.48%
Revenue from Operations
48.65%
Total Assets
-1.74%
Profit or Loss
50.54%
Net Worth
-10.52%
EBITDA
380.13%

What is the Ownership and Shareholding Structure of Gogte Infrastructure Development Corporation?

In 2022, Gogte Infrastructure Development Corporation had a promoter holding of 70.82% and a public holding of 29.18%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹9.65 Cr

Satisfied Charges

₹23.89 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of Mysore : 9.65 Cr

Latest Charge Details

DateLenderAmountStatus
26 Mar 1984State Bank Of Mysore₹9.65 CrOpen
31 Aug 2006The Shree Suvarna Sahakari Bank Limited₹3.90 CrSatisfied
11 May 1993State Bank Of Mysore₹5.00 CrSatisfied
11 May 1993State Bank Of Mysore₹1.25 CrSatisfied
04 Nov 1990State Bank Of Mysore₹1.00 CrSatisfied

How Many Employees Work at Gogte Infrastructure Development Corporation?

Gogte Infrastructure Development Corporation has a workforce of 159 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 Gogte Infrastructure Development Corporation, 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 Gogte Infrastructure Development Corporation'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 Gogte Infrastructure Development Corporation

Recent activity within the organization

  • Director Appointment

    Vadiraj Prakash Mutalik was appointed as a Additional Director was appointed as a Additional Director on 25 Aug 2024 & has been associated with this company since 6 months .

    25 Aug 2024

  • Annual General Meeting

    Gogte Infrastructure Development Corporation Limited last Annual general meeting of members was held on 27 Sep 2023 as per latest MCA records.

    27 Sep 2023

  • Balance Sheet

    Gogte Infrastructure Development Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Sachin Dhanraj Yerpude was appointed as a Cfo was appointed as a Cfo on 21 Aug 2020 & has been associated with this company since 4 years 6 months .

    21 Aug 2020

  • Director Appointment

    Ashima Jain was appointed as a Company Secretary was appointed as a Company Secretary on 01 Oct 2019 & has been associated with this company since 5 years 4 months .

    01 Oct 2019

  • Director Appointment

    Prabhakar Sham Apte was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 29 Sep 2017 & has been associated with this company since 7 years 4 months .

    29 Sep 2017

Frequently asked questions

  • Gogte Infrastructure Development Corporation Limited was incorporated on 17 May 1980.

  • The authorized share capital of Gogte Infrastructure Development Corporation Limited is ₹ 50.00 Cr and paid-up capital is ₹ 45.18 Cr.

  • Currently 9 directors are associated with Gogte Infrastructure Development Corporation Limited.

    • Anand Balkrishna Gogte
    • Madhav Arvind Gogte
    • Shirish Gogte Balakrishna
    • Siddharth Anand Gogte
    • Onkar Anand Gogte
    • Prabhakar Sham Apte
    • Vadiraj Prakash Mutalik
    • Sachin Dhanraj Yerpude
    • Ashima Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gogte Infrastructure Development Corporation Limited is 2Nd Floor Nasco Ishannya 27/1 Khanapur Road, Tilakwadi India, Belgaum, Karnataka, 590006.

  • The corporate identification number (CIN) of Gogte Infrastructure Development Corporation Limited is U17115KA1980PLC003828 and the company number is 003828 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gogte Infrastructure Development Corporation Limited is https://www.gogteinfrastructure.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Gogte Infrastructure Development Corporation Limited has risen by 51.48%.

  • As Per 2022 financial reports, 159 employees are currently employed by Gogte Infrastructure Development Corporation Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Gogte Infrastructure Development Corporation Limited has experienced an downturn of -10.52%.

  • As per the financial statements for fiscal Year 2022, The total open charges for Gogte Infrastructure Development Corporation Limited amount to ₹ 9.65 Cr.

  • The most recent Balance Sheet for Gogte Infrastructure Development Corporation Limited was filed with the ROC on 31 Mar 2023.

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