Goyal Mehar Chand Global Industries Limited

Founded in 2018 and headquartered in Punjab, India.

2018 | Ludhiana, Punjab (India) | Active
Last Updated: July 29, 2024

Goyal Mehar Chand Global Industries Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 0.50 M
  • Company Age 6 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 6.88 M
  • Revenue Growth 183.56%
  • Profit Growth 4.02%
  • Ebitda 30.99%
  • Net Worth 38.00%
  • Total Assets 25.20%

About Goyal Mehar Chand Global Industries

Goyal Mehar Chand Global Industries Limited (GMCGIL) is a Public Limited Indian Non-Government Company incorporated in India on 16 March 2018 (Six years and 11 months 2 days old ). Its registered office is in Ludhiana, Punjab, India.

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 2.00 Cr and a paid-up capital of Rs 0.50 M.

The company currently has active open charges totaling ₹6.88 M.

Nitish Goyal, Mohinder Singh, and Manu Mahajan serve as directors at the Company.

Company Details

  • Location

    Ludhiana, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U25209PB2018PLC047583

  • Company No.

    047583

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    16 Mar 2018

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Manufacturing

Who are the key members and board of directors at Goyal Mehar Chand Global Industries?

Board Members (3)

Name Designation Appointment Date Status
Nitish Goyal Country flag representing In Director 25-Aug-2022 Current
Mohinder Singh Country flag representing In Director 25-Aug-2022 Current
Manu Mahajan Country flag representing In Director 25-Aug-2022 Current

Financial Performance of Goyal Mehar Chand Global Industries.

Goyal Mehar Chand Global Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 183.56% increase. The company also saw a slight improvement in profitability, with a 4.02% increase in profit. The company's net worth Soared by an impressive increase of 38%.

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
183.56%
Revenue from Operations
183.56%
Total Assets
25.20%
Profit or Loss
4.02%
Net Worth
38.00%
EBITDA
30.99%

What is the Ownership and Shareholding Structure of Goyal Mehar Chand Global Industries?

In 2023, Goyal Mehar Chand Global Industries had a promoter holding of 6.60% and a public holding of 93.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.69 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Uco Bank : 0.50 Cr
  • Hdfc Bank Limited : 0.19 Cr

Latest Charge Details

Date Lender Amount Status
22 Dec 2022 Hdfc Bank Limited ₹1.88 M Open
23 Sep 2021 Uco Bank ₹5.00 M Open

How Many Employees Work at Goyal Mehar Chand Global Industries?

Unlock and access historical data on people associated with Goyal Mehar Chand Global Industries, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Goyal Mehar Chand Global Industries, 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 Goyal Mehar Chand Global Industries'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 Goyal Mehar Chand Global Industries

Recent activity within the organization

  • Annual General Meeting

    Goyal Mehar Chand Global Industries Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Goyal Mehar Chand Global Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chandigarh.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 0.19 Cr with Charge ID 100675944 was registered on 22 Dec 2022.

    22 Dec 2022

  • Director Appointment

    Nitish Kumar Goyal was appointed as a Director was appointed as a Director on 25 Aug 2022 & has been associated with this company since 2 years 5 months .

    25 Aug 2022

  • Director Appointment

    Mohinder Singh was appointed as a Director was appointed as a Director on 25 Aug 2022 & has been associated with this company since 2 years 5 months .

    25 Aug 2022

  • Director Appointment

    Manu Mahajan was appointed as a Director was appointed as a Director on 25 Aug 2022 & has been associated with this company since 2 years 5 months .

    25 Aug 2022

Frequently asked questions

  • Goyal Mehar Chand Global Industries Limited was incorporated on 16 Mar 2018.

  • The authorized share capital of Goyal Mehar Chand Global Industries Limited is ₹ 2.00 Cr and paid-up capital is ₹ 0.50 M.

  • Currently 3 directors are associated with Goyal Mehar Chand Global Industries Limited.

    • Nitish Kumar Goyal
    • Mohinder Singh
    • Manu Mahajan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Goyal Mehar Chand Global Industries Limited is Jain Colony Bhamian Kalan, Ludhiana, Punjab, India, 141015.

  • The corporate identification number (CIN) of Goyal Mehar Chand Global Industries Limited is U25209PB2018PLC047583 and the company number is 047583 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Goyal Mehar Chand Global Industries Limited has risen by 183.56%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Goyal Mehar Chand Global Industries Limited has experienced an upsurge of 38.00%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Goyal Mehar Chand Global Industries Limited amount to ₹ 6.88 M.

  • The most recent Balance Sheet for Goyal Mehar Chand Global Industries Limited was filed with the ROC on 31 Mar 2023.

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