Gugan Knitwears Profile
Key Indicators
- Authorised Capital ₹ 17.50 Cr
- Paid Up Capital ₹ 4.84 Cr
- Company Age 26 Year, 6 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 six 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
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Location
Tirupur, Tamil Nadu, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media-
Corporate Identity Details
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CIN/LLPIN
U17219TZ1998PTC008512
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Company No.
008512
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
23 Jul 1998
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Date of AGM
28 Sep 2023
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Date of Balance Sheet
31 Mar 2023
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Listing Status
Unlisted
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ROC Code
Roc Coimbatore
Industry
Who are the key members and board of directors at Gugan Knitwears?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Sakthivel Sughanvel
|
Managing Director | 30-Aug-2020 | Current |
Board Members (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Sakthivel Gughanvel
|
Director | 30-Aug-2020 | Current |
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%.
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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.
Related Corporates (Common Directorship)
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Sri Selvakumar Trading LlpSakthivel Gughanvel and Sakthivel Sughanvel are mutual person
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Gugan Farm Private Limited
Sakthivel Gughanvel is a mutual person
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Lakshmivel Mills Private Limited
Sakthivel Gughanvel and Sakthivel Sughanvel are mutual person
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Sri Bhavani Textiles Processors Private Limited
Sakthivel Gughanvel and Sakthivel Sughanvel are mutual person
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Parani Texyarn Private Limited
Sakthivel Gughanvel is a mutual person
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Spider Fashions Private Limited
Sakthivel Gughanvel and Sakthivel Sughanvel are mutual person
Charges (Loans)
₹28.15 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 02 Nov 2021 | Canara Bank | ₹1.86 M | Open |
| 23 Aug 2001 | Canara Bank | ₹0.30 M | Open |
| 23 Mar 1999 | Canara Bank | ₹27.08 Cr | Open |
| 23 Sep 1998 | Small Industries Development Bank Of India | ₹8.50 M | Open |
| 21 Nov 2020 | Canara Bank | ₹2.10 M | Satisfied |
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.
Deals i
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
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.
