Gokak Sugars Profile
Key Indicators
- Authorised Capital ₹ 36.00 Cr
- Paid Up Capital ₹ 35.17 Cr
- Company Age 25 Year, 10 Days
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 65.63 Cr
- Satisfied Charges ₹ 138.70 Cr
- Revenue Growth -13.44%
- Profit Growth -83.46%
- Ebitda -17.60%
- Net Worth 34.05%
- Total Assets -9.94%
About Gokak Sugars
Gokak Sugars Limited (GSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 February 2000 and has a history of 25 years. Its registered office is in Belgaum, Karnataka, India.
The Company is engaged in the Agriculture 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 36.00 Cr and a paid-up capital of Rs 35.17 Cr.
The company currently has active open charges totaling ₹65.63 Cr. The company has closed loans amounting to ₹138.70 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Gokak Sugars Limited India are Sunil Ranka as CFO and Deepak Manerikar as Company Secretary. Bharat Mehta, Shripad Nerlikar, Madhu Rao, and Two other members serve as directors at the Company.
Company Details
- Location
Belgaum, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U15429KA2000PLC026433
- Company No.
026433
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
22 Feb 2000
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Bangalore
Industry
Agriculture
Who are the key members and board of directors at Gokak Sugars?
Executive Team (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sunil Ranka  | CFO | 25-May-2018 | Current |
| Deepak Manerikar | Company Secretary | 18-Mar-2019 | Current |
Board Members (5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vijendra Singh | Whole-Time Director | 19-Jul-2011 | Current |
| Bharat Mehta | Director | 25-May-2018 | Current |
| Shripad Nerlikar | Director | 07-Jan-2012 | Current |
| Madhu Rao | Director | 18-Mar-2019 | Current |
| Priyanka Mallick | Director | 01-Dec-2022 | Current |
Financial Performance of Gokak Sugars.
Gokak Sugars Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 13.44% decrease. The company also saw a substantial fall in profitability, with a 83.46% decrease in profit. The company's net worth Soared by an impressive increase of 34.05%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Gokak Sugars?
In 2023, Gokak Sugars had a promoter holding of 93.64% and a public holding of 6.36%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
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Madhu Rao is a mutual person
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Charges (Loans)
Open Charges
₹65.63 Cr
Satisfied Charges
₹138.70 Cr
Charges Breakdown by Lending Institutions
- Indian Renewable Energy Development Agency Limited : 65.63 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 27 Sep 2013 | Indian Renewable Energy Development Agency Limited | ₹65.63 Cr | Open |
| 17 Jan 2018 | Others | ₹25.00 Cr | Satisfied |
| 28 Nov 2017 | Others | ₹25.00 Cr | Satisfied |
| 24 Jan 2012 | The Ratnakar Bank Limited | ₹20.00 Cr | Satisfied |
| 24 Jan 2012 | Others | ₹26.00 Cr | Satisfied |
How Many Employees Work at Gokak Sugars?
Gokak Sugars has a workforce of 196 employees as of Mar 29, 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 Gokak Sugars, 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 Gokak Sugars'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 Gokak Sugars
Recent activity within the organization
- Annual General Meeting
Gokak Sugars Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
- Balance Sheet
Gokak Sugars Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.
- Director Appointment
Priyanka Ashit Mallick was appointed as a Director was appointed as a Director on 01 Dec 2022 & has been associated with this company since 2 years 3 months .
- Charges
A charge registered on 24 Jan 2012 via Charge ID 10339860 with The Ratnakar Bank Limited was fully satisfied on 02 Dec 2020.
- Charges
A charge registered on 24 Jan 2012 via Charge ID 10339864 with Others was fully satisfied on 02 Dec 2020.
- Director Appointment
Madhu Ramachandra Rao was appointed as a Director was appointed as a Director on 18 Mar 2019 & has been associated with this company since 5 years 11 months .
Recent News, Updates & Announcement
- Wilmar Sugar buys 19.77 pc addl stake in Shree Renuka Sugars via open offer.
India Business News: New Delhi, Jun 28 () Singapore-based Wilmar Sugar Holdings (WSH) has acquired an additional 19.77 per cent stake in Shree Renuka Sugars through an ope.
- Adani Group may buy Shree Renuka Sugars from Wilmar | Mint.
Adani Wilmar, a 50:50 JV, in parallel talks to market Shree Renuka Sugar's Madhur brand.
- Shree Renuka Sugars to attempt sale of Brazil mills again | Mint.
Shree Renuka Sugars will try for a third time to sell sugar mills it owns in Brazil at an auction as part of a recovery plan.
Frequently asked questions
What is the Incorporation or founding date of Gokak Sugars Limited?
Gokak Sugars Limited was incorporated on 22 Feb 2000.
What is authorized share capital and paid-up capital of Gokak Sugars Limited?
The authorized share capital of Gokak Sugars Limited is ₹ 36.00 Cr and paid-up capital is ₹ 35.17 Cr.
Who are the current board members & directors of Gokak Sugars Limited?
Currently 7 directors are associated with Gokak Sugars Limited.
- Bharat Vallabhdas Mehta
- Shripad Rajaram Nerlikar
- Madhu Ramachandra Rao
- Vijendra Singh
- Priyanka Ashit Mallick
- Sunil Ratanlal Ranka
- Deepak Madhav Manerikar
What is the registered address of Gokak Sugars Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Gokak Sugars Limited is 2Nd And 3Rd Floor Kanakashree Arcade Cts No. 10634 Jnmc Road Neharu Nagar Belagavi, India, Belgaum, Karnataka, 590010.
What is the corporate identification number (CIN) and company number of Gokak Sugars Limited?
The corporate identification number (CIN) of Gokak Sugars Limited is U15429KA2000PLC026433 and the company number is 026433 as per Ministry of Corporate Affairs (MCA).
What is the official website of Gokak Sugars Limited?
The Official website of Gokak Sugars Limited is https://www.renukasugars.com
What has been the recent revenue trend for Gokak Sugars Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Gokak Sugars Limited has fallen by -13.44%.
How many employees does Gokak Sugars Limited currently have?
As Per 2023 financial reports, 196 employees are currently employed by Gokak Sugars Limited.
What change has been observed in the net worth of Gokak Sugars Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Gokak Sugars Limited has experienced an upsurge of 34.05%.
What are the total open charges for Gokak Sugars Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Gokak Sugars Limited amount to ₹ 65.63 Cr.
When was the last Balance Sheet of Gokak Sugars Limited filed with the ROC?
The most recent Balance Sheet for Gokak Sugars Limited was filed with the ROC on 31 Mar 2023.
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