Gravity Textiles Pvt Ltd

Textile company specializing in fabric production and processing, established in 1987 in Mumbai.

1987 | Mumbai, Maharashtra (India) | Active
Last Updated: December 05, 2024

Gravity Textiles Profile

Key Indicators

  • Authorised Capital ₹ 4.00 M
  • Paid Up Capital ₹ 2.84 M
  • Company Age 37 Year, 4 Months
  • Last Filing with ROC 31 Mar 2022
  • Open Charges ₹ 4.67 Cr
  • Revenue Growth 300.00%
  • Profit Growth 363.04%
  • Ebitda -154.95%
  • Net Worth 25.32%
  • Total Assets -0.30%

About Gravity Textiles

Gravity Textiles Pvt Ltd (GTPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 October 1987 and has a history of 37 years and four months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2022. It's a company limited by shares with an authorized capital of Rs 4.00 M and a paid-up capital of Rs 2.84 M.

The company currently has active open charges totaling ₹4.67 Cr.

Rasiklal Thakkar and Dakshaben Thakkar serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U17120MH1987PTC044882

  • Company No.

    044882

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Oct 1987

  • Date of AGM

    30 Sep 2022

  • Date of Balance Sheet

    31 Mar 2022

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Consumer Goods
Home & Lifestyle

Who are the key members and board of directors at Gravity Textiles?

Board Members (2)

Name Designation Appointment Date Status
Rasiklal Thakkar Country flag representing In Director 05-Oct-1987 Current
Dakshaben Thakkar Country flag representing In Director 05-Oct-1987 Current

Financial Performance of Gravity Textiles.

Gravity Textiles Pvt Ltd, for the financial year ended 2020, experienced significant growth in revenue, with a 300% increase. The company also saw a substantial improvement in profitability, with a 363.04% increase in profit. The company's net worth Soared by an impressive increase of 25.32%.

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
300.00%
Revenue from Operations
Total Assets
-0.30%
Profit or Loss
363.04%
Net Worth
25.32%
EBITDA
-154.95%

What is the Ownership and Shareholding Structure of Gravity Textiles?

In 2020, Gravity Textiles had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹46.73 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Bank Of Baroda : 4.67 Cr

Latest Charge Details

Date Lender Amount Status
09 Sep 2002 Bank Of Baroda ₹4.67 Cr Open

How Many Employees Work at Gravity Textiles?

Unlock and access historical data on people associated with Gravity Textiles, 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 Gravity 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 Gravity Textiles'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 Gravity Textiles

Recent activity within the organization

  • Annual General Meeting

    Gravity Textiles Pvt Ltd last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.

    30 Sep 2022

  • Balance Sheet

    Gravity Textiles Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Mumbai.

    31 Mar 2022

  • Charges

    A charge with Bank Of Baroda of Rs. 46.73 M registered on 09 Sep 2002 with Charge ID 80057307 was modified on 17 Apr 2013.

    17 Apr 2013

  • Charges

    A charge with Bank Of Baroda amounted to Rs. 46.73 M with Charge ID 80057307 was registered on 09 Sep 2002.

    09 Sep 2002

  • Director Appointment

    Rasiklal Dalpatram Thakkar was appointed as a Director was appointed as a Director on 05 Oct 1987 & has been associated with this company since 37 years 4 months .

    05 Oct 1987

  • Director Appointment

    Dakshaben Rasiklal Thakkar was appointed as a Director was appointed as a Director on 05 Oct 1987 & has been associated with this company since 37 years 4 months .

    05 Oct 1987

Frequently asked questions

  • Gravity Textiles Pvt Ltd was incorporated on 05 Oct 1987.

  • The authorized share capital of Gravity Textiles Pvt Ltd is ₹ 4.00 M and paid-up capital is ₹ 2.84 M.

  • Currently 2 directors are associated with Gravity Textiles Pvt Ltd.

    • Rasiklal Dalpatram Thakkar
    • Dakshaben Rasiklal Thakkar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gravity Textiles Pvt Ltd is Gala No 131 Sanjay Bldgmittal Ind Estate Andheri Kurla Road, Andheri E India, Mumbai, Maharashtra, 400059.

  • The corporate identification number (CIN) of Gravity Textiles Pvt Ltd is U17120MH1987PTC044882 and the company number is 044882 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2020, the revenue trend for Gravity Textiles Pvt Ltd has been consistent by 300.00%.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Gravity Textiles Pvt Ltd has experienced an upsurge of 25.32%.

  • As per the financial statements for fiscal Year 2020, The total open charges for Gravity Textiles Pvt Ltd amount to ₹ 4.67 Cr.

  • The most recent Balance Sheet for Gravity Textiles Pvt Ltd was filed with the ROC on 31 Mar 2022.

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