Gugan Knitwears Private Limited

Founded in 1998 and headquartered in Tamil Nadu, India.

1998 | Tirupur, Tamil Nadu (India) | Active
Last Updated:

Gugan Knitwears Profile

Key Indicators

  • Authorised Capital ₹ 17.50 Cr
  • Paid Up Capital ₹ 4.84 Cr
  • Company Age 26 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 28.15 Cr
  • Satisfied Charges ₹ 5.74 Cr
  • Revenue Growth 7.86%
  • Profit Growth -36.60%
  • Ebitda -16.11%
  • Net Worth 3.47%
  • Total Assets -18.30%

About Gugan Knitwears

Gugan Knitwears Private Limited (GKPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 23 July 1998 and has a history of 26 years and seven months. Its registered office is in Tirupur, Tamil Nadu, India.

The Corporate was formerly known as Sri Gugan Knitwears Private 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 17.50 Cr and a paid-up capital of Rs 4.84 Cr.

The company currently has active open charges totaling ₹28.15 Cr. The company has closed loans amounting to ₹5.74 Cr, as per Ministry of Corporate Affairs (MCA) records.

Sakthivel Gughanvel and Sakthivel Sughanvel serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U17219TZ1998PTC008512

  • Company No.

    008512

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jul 1998

  • Date of AGM

    28 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Coimbatore

Industry

Manufacturing

Who are the key members and board of directors at Gugan Knitwears?

Executive Team (1)

NameDesignationAppointment DateStatus
Sakthivel Sughanvel Country flag representing In Managing Director30-Aug-2020Current

Board Members (1)

NameDesignationAppointment DateStatus
Sakthivel Gughanvel Country flag representing In Director 30-Aug-2020Current

Financial Performance of Gugan Knitwears.

Gugan Knitwears Private Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 7.86% increase. The company also saw a substantial fall in profitability, with a 36.6% decrease in profit. The company's net worth moved up by a moderate rise of 3.47%.

Gugan Knitwears revenue growth over time
Gugan Knitwears 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
7.86%
Revenue from Operations
7.88%
Total Assets
-18.30%
Profit or Loss
-36.60%
Net Worth
3.47%
EBITDA
-16.11%

What is the Ownership and Shareholding Structure of Gugan Knitwears?

In 2023, Gugan Knitwears had a promoter holding of 91.25% and a public holding of 8.75%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹28.15 Cr

Satisfied Charges

₹5.74 Cr

Charges Breakdown by Lending Institutions

  • Canara Bank : 27.30 Cr
  • Small Industries Development Bank Of India : 0.85 Cr

Latest Charge Details

DateLenderAmountStatus
02 Nov 2021Canara Bank₹1.86 MOpen
23 Aug 2001Canara Bank₹0.30 MOpen
23 Mar 1999Canara Bank₹27.08 CrOpen
23 Sep 1998Small Industries Development Bank Of India₹8.50 MOpen
21 Nov 2020Canara Bank₹2.10 MSatisfied

How Many Employees Work at Gugan Knitwears?

Gugan Knitwears has a workforce of 18 employees as of Apr 08, 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.

Employee growth trends for Gugan Knitwears Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gugan Knitwears, 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 Gugan Knitwears'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 Gugan Knitwears

Recent activity within the organization

  • Charges

    A charge registered on 30 Jun 2020 via Charge ID 100346556 with The South Indian Bank Limited was fully satisfied on 19 Mar 2024.

  • Charges

    A charge registered on 09 Jan 2020 via Charge ID 100318651 with The South Indian Bank Limited was fully satisfied on 19 Mar 2024.

  • Charges

    A charge registered on 08 Jul 2019 via Charge ID 100278228 with The South Indian Bank Limited was fully satisfied on 19 Mar 2024.

  • Charges

    A charge registered on 29 May 2019 via Charge ID 100270385 with The South Indian Bank Limited was fully satisfied on 19 Mar 2024.

  • Charges

    A charge registered on 21 Nov 2020 via Charge ID 100428766 with Canara Bank was fully satisfied on 07 Mar 2024.

  • Charges

    A charge registered on 11 Jul 2017 via Charge ID 100145790 with Canara Bank was fully satisfied on 07 Mar 2024.

Frequently asked questions

  • What is the Incorporation or founding date of Gugan Knitwears Private Limited?

    Gugan Knitwears Private Limited was incorporated on 23 Jul 1998.

  • What is authorized share capital and paid-up capital of Gugan Knitwears Private Limited?

    The authorized share capital of Gugan Knitwears Private Limited is ₹ 17.50 Cr and paid-up capital is ₹ 4.84 Cr.

  • Who are the current board members & directors of Gugan Knitwears Private Limited?

    Currently 2 directors are associated with Gugan Knitwears Private Limited.

    • Sakthivel Gughanvel
    • Sakthivel Sughanvel

  • What is the registered address of Gugan Knitwears Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gugan Knitwears Private Limited is No.92/4 Angeripalayam Road Opp. Bishop School, Tirupur, Tamil Nadu, India, 641603.

  • What is the corporate identification number (CIN) and company number of Gugan Knitwears Private Limited?

    The corporate identification number (CIN) of Gugan Knitwears Private Limited is U17219TZ1998PTC008512 and the company number is 008512 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gugan Knitwears Private Limited?

    The Official website of Gugan Knitwears Private Limited is https://www.guganknitwears.business.site

  • What has been the recent revenue trend for Gugan Knitwears Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Gugan Knitwears Private Limited has risen by 7.86%.

  • How many employees does Gugan Knitwears Private Limited currently have?

    As Per 2023 financial reports, 18 employees are currently employed by Gugan Knitwears Private Limited.

  • What change has been observed in the net worth of Gugan Knitwears Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Gugan Knitwears Private Limited has experienced an upsurge of 3.47%.

  • What are the total open charges for Gugan Knitwears Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Gugan Knitwears Private Limited amount to ₹ 28.15 Cr.

  • When was the last Balance Sheet of Gugan Knitwears Private Limited filed with the ROC?

    The most recent Balance Sheet for Gugan Knitwears Private Limited was filed with the ROC on 31 Mar 2023.

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