Gujarat Rural Industries Marketing Corporation Limited

Procures and distributes tools for rural artisans, provides interior decoration and leather training in Gujarat.

1979 | Gandhinagar, Gujarat (India) | Active
Last Updated:

Gujarat Rural Industries Marketing Corporation Profile

Key Indicators

  • Authorised Capital ₹ 13.00 Cr
  • Paid Up Capital ₹ 13.00 Cr
  • Company Age 46 Year, 3 Days
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 0.19 M
  • Satisfied Charges ₹ 6.20 M
  • Revenue Growth -26.14%
  • Profit Growth -17.46%
  • Ebitda -27.01%
  • Net Worth 11.72%
  • Total Assets 37.61%

About Gujarat Rural Industries Marketing Corporation

Gujarat Rural Industries Marketing Corporation Limited (GRIMCL) is a leading Public Limited State Government Company incorporated in India on 16 May 1979 and has a history of 46 years. Its registered office is in Gandhinagar, Gujarat.

The Company is engaged in the Service Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 13.00 Cr and a paid-up capital of Rs 13.00 Cr.

The company currently has active open charges totaling ₹0.19 M. The company has closed loans amounting to ₹6.20 M, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gujarat Rural Industries Marketing Corporation Limited India are Khyati Nair as COMPANY SECRETARY and Ankit Shah as Cfo. Pravinbhai Solanki, Hetalkumar Patel, Ankitaben Christiyan, and Five other members serve as directors at the Company.

Company Details

  • Location Gandhinagar, Gujarat
  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U51100GJ1979SGC003391

  • Company No.

    003391

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    16 May 1979

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Service
Company report

Gujarat Rural Industries Marketing Corporation Limited

Explore comprehensive data for Gujarat Rural Industries Marketing Corporation Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Gujarat Rural Industries Marketing Corporation?

Executive Team (3)

NameDesignationAppointment DateStatus
Anil Prajapati Country flag representing In Managing Director14-Dec-2022Current
Khyati Nair Company Secretary26-Jul-2011Current
Ankit Shah CFO20-Mar-2019Current

Board Members (7)

NameDesignationAppointment DateStatus
Pravinbhai Solanki Country flag representing In Director 30-Mar-2022Current
Hetalkumar Patel Country flag representing In Director 30-May-2020Current
Ankitaben Christiyan Country flag representing In Director 22-Oct-2021Current
Jaimin Raval Country flag representing In Director 14-Dec-2022Current
Lalit Sandu Country flag representing In Director 24-Jul-2023Current
Nilesh Modi Country flag representing In Nominee Director 15-May-2024Current

Financial Performance of Gujarat Rural Industries Marketing Corporation.

Gujarat Rural Industries Marketing Corporation Limited, for the financial year ended 2024, experienced significant reduction in revenue, with a 26.14% decrease. The company also saw a substantial fall in profitability, with a 17.46% decrease in profit. The company's net worth Soared by an impressive increase of 11.72%.

Gujarat Rural Industries Marketing Corporation revenue growth over time
Gujarat Rural Industries Marketing Corporation 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
-26.14%
Revenue from Operations
-27.51%
Total Assets
37.61%
Profit or Loss
-17.46%
Net Worth
11.72%
EBITDA
-27.01%

What is the Ownership and Shareholding Structure of Gujarat Rural Industries Marketing Corporation?

In 2023, Gujarat Rural Industries Marketing Corporation 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

₹0.02 Cr

Satisfied Charges

₹0.62 Cr

Charges Breakdown by Lending Institutions

  • Gujrat Rajya Khdi Gramodyog Board : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
22 Jun 1984Gujrat Rajya Khdi Gramodyog Board₹0.19 MOpen
04 Oct 1989Gujrat Industrial Co-Operative Bank Ltd₹0.20 MSatisfied
17 May 1988Gujrat Industrial Co-Operative Bank Ltd₹4.00 MSatisfied
23 Feb 1982Gujrat Industrial Co-Operative Bank Ltd₹2.00 MSatisfied

How Many Employees Work at Gujarat Rural Industries Marketing Corporation?

Gujarat Rural Industries Marketing Corporation has a workforce of 11 employees as of Oct 22, 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 Gujarat Rural Industries Marketing Corporation Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gujarat Rural Industries Marketing Corporation, 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 Gujarat Rural Industries Marketing Corporation'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 Gujarat Rural Industries Marketing Corporation

Recent activity within the organization

  • Annual General Meeting

    Gujarat Rural Industries Marketing Corporation Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Director Appointment

    Nilesh Manubhai Modi was appointed as a Nominee Director was appointed as a Nominee Director on 15 May 2024 & has been associated with this company since 1 year 3 days .

  • Director Appointment

    Yogina Patel was appointed as a Nominee Director was appointed as a Nominee Director on 15 May 2024 & has been associated with this company since 1 year 3 days .

  • Balance Sheet

    Gujarat Rural Industries Marketing Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Pravinbhai Khodabhai Solanki was appointed as a Director was appointed as a Director on 30 Mar 2022 & has been associated with this company since 3 years 1 month .

  • Director Appointment

    Ankitaben Rameshbhai Christiyan was appointed as a Director was appointed as a Director on 22 Oct 2021 & has been associated with this company since 3 years 6 months .

Frequently asked questions

  • What is the Incorporation or founding date of Gujarat Rural Industries Marketing Corporation Limited?

    Gujarat Rural Industries Marketing Corporation Limited was incorporated on 16 May 1979.

  • What is authorized share capital and paid-up capital of Gujarat Rural Industries Marketing Corporation Limited?

    The authorized share capital of Gujarat Rural Industries Marketing Corporation Limited is ₹ 13.00 Cr and paid-up capital is ₹ 13.00 Cr.

  • Who are the current board members & directors of Gujarat Rural Industries Marketing Corporation Limited?

    Currently 10 directors are associated with Gujarat Rural Industries Marketing Corporation Limited.

    • Pravinbhai Khodabhai Solanki
    • Hetalkumar Bhaskarrai Patel
    • Ankitaben Rameshbhai Christiyan
    • Anil Kalidas Prajapati
    • Jaimin Hasmukhrai Raval
    • Lalit Narayan Singh Sandu
    • Nilesh Manubhai Modi
    • Yogina Patel
    • Khyati Nair
    • Ankit Virendrabhai Shah

  • What is the registered address of Gujarat Rural Industries Marketing Corporation Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gujarat Rural Industries Marketing Corporation Limited is Block No. 17 5Th Floor Udhyog Bhavan Sector-11, India, Gandhinagar, Gujarat, 382017.

  • What is the corporate identification number (CIN) and company number of Gujarat Rural Industries Marketing Corporation Limited?

    The corporate identification number (CIN) of Gujarat Rural Industries Marketing Corporation Limited is U51100GJ1979SGC003391 and the company number is 003391 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gujarat Rural Industries Marketing Corporation Limited?

    The Official website of Gujarat Rural Industries Marketing Corporation Limited is https://www.grimco.co.in

  • What has been the recent revenue trend for Gujarat Rural Industries Marketing Corporation Limited?

    According to the financial reports for the fiscal year 2024, the revenue trend for Gujarat Rural Industries Marketing Corporation Limited has fallen by -26.14%.

  • How many employees does Gujarat Rural Industries Marketing Corporation Limited currently have?

    As Per 2024 financial reports, 11 employees are currently employed by Gujarat Rural Industries Marketing Corporation Limited.

  • What change has been observed in the net worth of Gujarat Rural Industries Marketing Corporation Limited, and by what percentage?

    The financial reports for the fiscal year 2024 indicates that The net worth of Gujarat Rural Industries Marketing Corporation Limited has experienced an upsurge of 11.72%.

  • What are the total open charges for Gujarat Rural Industries Marketing Corporation Limited?

    As per the financial statements for fiscal Year 2024, The total open charges for Gujarat Rural Industries Marketing Corporation Limited amount to ₹ 0.19 M.

  • When was the last Balance Sheet of Gujarat Rural Industries Marketing Corporation Limited filed with the ROC?

    The most recent Balance Sheet for Gujarat Rural Industries Marketing Corporation Limited was filed with the ROC on 31 Mar 2024.

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