Gs Rewards & Loyalty Solutions Private Limited

Provides management consultancy services for various business needs.

2011 | Chennai, Tamil Nadu (India) | Active
Last Updated: January 25, 2025

Gs Rewards & Loyalty Solutions Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 13 Year, 10 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.40 Cr
  • Satisfied Charges ₹ 1.30 Cr
  • Revenue Growth -32.84%
  • Profit Growth -89.35%
  • Ebitda -162.84%
  • Net Worth 2.31%
  • Total Assets -21.67%

About Gs Rewards & Loyalty Solutions

Gs Rewards & Loyalty Solutions Private Limited (GRLSPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 21 March 2011 and has a history of 13 years and ten months. Its registered office is in Chennai, Tamil Nadu.

The Company is engaged in the Business Outsourcing 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company currently has active open charges totaling ₹2.40 Cr. The company has closed loans amounting to ₹1.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

Parasmalji Praveenkumar, Sripal Jain, Reshma Jain, and One other member serve as directors at the Company.

Company Details

  • Location Chennai, Tamil Nadu
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    theglobalsourcing.in

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U74990TN2011PTC079765

  • Company No.

    079765

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    21 Mar 2011

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chennai

Industry

Business Outsourcing

What products or services does Gs Rewards & Loyalty Solutions Private Limited offer?

Gs Rewards & Loyalty Solutions Private Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant, Call Centre & Customer Care Services, Help Desk Services, Computer and Mobile Softwares & Apps, Attendance Management Software, Camera & Photography Equipments, Photo Studio Equipment, Diamond Jewelry, Diamond Pendants.

Who are the key members and board of directors at Gs Rewards & Loyalty Solutions?

Board Members (4)

Name Designation Appointment Date Status
Parasmalji Praveenkumar Country flag representing In Director 21-Mar-2011 Current
Sripal Jain Country flag representing In Director 21-Mar-2011 Current
Reshma Jain Country flag representing In Director 15-Jul-2022 Current
Akshita Country flag representing In Director 15-Jul-2022 Current

Financial Performance of Gs Rewards & Loyalty Solutions.

Gs Rewards & Loyalty Solutions Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 32.84% decrease. The company also saw a substantial fall in profitability, with a 89.35% decrease in profit. The company's net worth moved up by a moderate rise of 2.31%.

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
-32.84%
Revenue from Operations
-34.07%
Total Assets
-21.67%
Profit or Loss
-89.35%
Net Worth
2.31%
EBITDA
-162.84%

What is the Ownership and Shareholding Structure of Gs Rewards & Loyalty Solutions?

In 2022, Gs Rewards & Loyalty Solutions had a public holding of 0.20%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.00 M

Satisfied Charges

₹13.00 M

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 2.30 Cr
  • Others : 0.10 Cr

Latest Charge Details

Date Lender Amount Status
25 Oct 2023 Others ₹1.00 M Open
16 Nov 2021 Axis Bank Limited ₹2.30 Cr Open
26 Oct 2019 Others ₹1.30 Cr Satisfied

How Many Employees Work at Gs Rewards & Loyalty Solutions?

Gs Rewards & Loyalty Solutions has a workforce of 23 employees as of Apr 07, 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 Gs Rewards & Loyalty Solutions, 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 Gs Rewards & Loyalty Solutions'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 Gs Rewards & Loyalty Solutions

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 1.00 M with Charge ID 100867260 was registered on 25 Oct 2023.

    25 Oct 2023

  • Annual General Meeting

    Gs Rewards & Loyalty Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Gs Rewards & Loyalty Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Chennai.

    31 Mar 2023

  • Charges

    A charge with Axis Bank Limited of Rs. 23.00 M registered on 16 Nov 2021 with Charge ID 100525384 was modified on 30 Sep 2022.

    30 Sep 2022

  • Director Appointment

    Reshma Sripal Jain was appointed as a Director was appointed as a Director on 15 Jul 2022 & has been associated with this company since 2 years 7 months .

    15 Jul 2022

  • Director Appointment

    Akshita was appointed as a Director was appointed as a Director on 15 Jul 2022 & has been associated with this company since 2 years 7 months .

    15 Jul 2022

Frequently asked questions

  • Gs Rewards & Loyalty Solutions Private Limited was incorporated on 21 Mar 2011.

  • The authorized share capital of Gs Rewards & Loyalty Solutions Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 4 directors are associated with Gs Rewards & Loyalty Solutions Private Limited.

    • Parasmalji Praveenkumar
    • Sripal Parasmal Jain
    • Reshma Sripal Jain
    • Akshita
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gs Rewards & Loyalty Solutions Private Limited is New No 138 Old 443 Mint Street Sowcarpet, India, Chennai, Tamil Nadu, 600079.

  • The corporate identification number (CIN) of Gs Rewards & Loyalty Solutions Private Limited is U74990TN2011PTC079765 and the company number is 079765 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gs Rewards & Loyalty Solutions Private Limited is https://www.theglobalsourcing.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gs Rewards & Loyalty Solutions Private Limited has fallen by -32.84%.

  • As Per 2023 financial reports, 23 employees are currently employed by Gs Rewards & Loyalty Solutions Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gs Rewards & Loyalty Solutions Private Limited has experienced an upsurge of 2.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gs Rewards & Loyalty Solutions Private Limited amount to ₹ 2.40 Cr.

  • The most recent Balance Sheet for Gs Rewards & Loyalty Solutions Private Limited was filed with the ROC on 31 Mar 2023.