Gokak Textiles Profile
Key Indicators
- Authorised Capital ₹ 267.00 Cr
- Company Age 18 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 170.00 Cr
- Satisfied Charges ₹ 422.96 Cr
- Revenue Growth -33.41%
- Profit Growth 111.01%
- Ebitda -28.38%
- Net Worth 113.22%
- Total Assets -6.41%
About Gokak Textiles
Gokak Textiles Limited (GTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 27 March 2006 and has a history of 18 years and ten months. Its registered office is in Bangalore, Karnataka, India.
It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 532957.
The Corporate was formerly known as Ans Textiles (Bangalore) Limited. The Company is engaged in the Manufacturing 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 267.00 Cr and a paid-up capital of Rs 0.00.
The company currently has active open charges totaling ₹170.00 Cr. The company has closed loans amounting to ₹422.96 Cr, as per Ministry of Corporate Affairs (MCA) records.
The Key Managerial Personnel (KMP) at Gokak Textiles Limited India are Vipan Sharma as CFO and Rakesh Nanwani as Company Secretary. Pradip Kapadia, Govinda Dasu, Nikhil Bhatia, and Two other members serve as directors at the Company.
Company Details
- Location
Bangalore, Karnataka, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media-
Corporate Identity Details
- CIN/LLPIN
L17116KA2006PLC038839
- Company No.
038839
- Stock Symbol
BSE : 532957
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
27 Mar 2006
- Date of AGM
14 Jul 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Listed
- ROC Code
Roc Bangalore
Industry
What products or services does Gokak Textiles Limited offer?
Gokak Textiles Limited offers a wide range of products and services, including Men Shirts, Jeans & Clothing, Men T-Shirts, Towels, Napkins & Handkerchieves, Towels, Aprons, Door Mats & Bath Mats, Bathroom Mats, Face Mask & Medical PPE Kits, Face Mask, Sewing Threads.
Who are the key members and board of directors at Gokak Textiles?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vipan Sharma | CFO | 28-Jun-2021 | Current |
| Rakesh Nanwani | Company Secretary | 26-May-2017 | Current |
Gautam Kumtakar  | Managing Director | 19-Jan-2024 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nikhil Bhatia | Director | 22-May-2019 | Current |
| Pradip Kapadia | Director | 12-Sep-2008 | Current |
| Govinda Dasu | Director | 06-Feb-2007 | Current |
| Vinod Bhandawat | Director | 15-Jan-2021 | Current |
Financial Performance of Gokak Textiles.
Gokak Textiles Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 33.41% decrease. The company also saw a substantial improvement in profitability, with a 111.01% increase in profit. The company's net worth Soared by an impressive increase of 113.22%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Gokak Textiles?
In 2023, Gokak Textiles had a promoter holding of 73.56% and a public holding of 26.44%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Hindustan Thompson Associates Private LimitedPradip Kapadia is a mutual person
Mirum Digital Private LimitedPradip Kapadia is a mutual person
Mafatlal Industries LimitedPradip Kapadia is a mutual person
Forbes Bumi Armada LimitedNikhil Bhatia is a mutual person
Suven Pharmaceuticals LimitedGovinda Dasu is a mutual person
Sterling And Wilson Private LimitedVinod Bhandawat is a mutual person
Charges (Loans)
₹170.00 Cr
₹422.96 Cr
Charges Breakdown by Lending Institutions
- Others : 170.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 17 Apr 2024 | Others | ₹160.00 Cr | Open |
| 28 Feb 2024 | Others | ₹10.00 Cr | Open |
| 29 Dec 2015 | Rbl Bank Limited | ₹65.00 Cr | Satisfied |
| 21 Nov 2013 | Rbl Bank Limited | ₹50.00 Cr | Satisfied |
| 20 Jul 2012 | Export-Import Bank Of India | ₹4.40 Cr | Satisfied |
How Many Employees Work at Gokak Textiles?
Gokak Textiles has a workforce of 1606 employees as of Apr 03, 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 Textiles, 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 Textiles'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.
