Gladstone Merchants Pvt. Ltd.
About Gladstone Merchants Pvt. Ltd.
Data last updated:
Gladstone Merchants Pvt. Ltd. was a private limited company based in Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the materials retail and distribution segment of the metals and mining sector. It was incorporated on 20 July 1994.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U51109DL1994PTC309247.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹85.75 Lakh. It was led by directors Vinit Gupta and Vinay Gupta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 725, Jheel Khurenja, Delhi, India – 110031.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.44 Cr, a growth of 3% compared to the previous year. For the same year it recorded a net profit of ₹50.18 Lakh (net margin 34.9%) and EBITDA of ₹67.08 Lakh (EBITDA margin 46.6%). Revenue has grown at a compounded annual rate (CAGR) of 2% over three years and 6% over five years.
Court records list 3 cases involving the company, including 3 filed by the company; 1 case is pending.
Company details
CIN history
Gladstone Merchants has one previous CIN (Corporate Identification Number): U51109WB1994PTC064027. The current CIN is U51109DL1994PTC309247, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109DL1994PTC309247 | Current |
| U51109WB1994PTC064027 | Previous |
Contact details
Gladstone Merchants Pvt. Ltd.'s registered office is in Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address725, Jheel Khurenja, Delhi, India – 110031
- IndustryMetals and Minerals, Materials Retail & Distribution
To see the full contact details of Gladstone Merchants Pvt. Ltd., buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Financials of Gladstone Merchants Pvt. Ltd.
FY 2024 filings availableGladstone Merchants Pvt. Ltd. reported revenue of ₹1.44 Cr (up 3% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 3% growth in the latest year. EBITDA rose 6% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | ₹67.08 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹50.18 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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| Inventories | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 46.6% | ||||
| Net Profit Margin | 34.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Gladstone Merchants Pvt. Ltd., buy the company report.
Board of directors of Gladstone Merchants Pvt. Ltd.
Gladstone Merchants has 2 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vinit Gupta Also directs: Veepee International Private Limited | Director | 25 Jan 2012 | 14 Years 9 Months | As last reported |
| Vinay Gupta | Director | 25 Jan 2012 | 14 Years 9 Months | As last reported |
Peer comparison
Gladstone Merchants Pvt. Ltd. is compared with the 10 companies closest to it by revenue in the Metals and Minerals industry (Application Development, Materials Retail and Distribution), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| KMV Techinfra Private Limited | ₹1.44 Cr (FY 2024) | Delhi, India | ||||
| Xiphias Software Technologies Private Limited | ₹1.44 Cr (FY 2024) | -10.0% | Bangalore, Karnataka, India | |||
| N.B.K. Trade Linkers Private Limited | ₹1.44 Cr (FY 2025) | 4.0% | Uttar Pradesh, India | |||
| Commit Technologies Private Limited | ₹1.44 Cr (FY 2024) | 20.0% | Mumbai, Maharashtra, India | |||
| Asasa International Mining Private Limited | ₹1.44 Cr (FY 2025) | Mumbai, Maharashtra, India | ||||
| Gladstone Merchants Pvt. Ltd.this company | ₹1.44 Cr (FY 2024) | ₹50.18 Lakh | 34.9% | 3.0% | Delhi, India | |
| Artyfact Studios Private Limited | ₹1.44 Cr (FY 2025) | 61.0% | Aurangabad, Maharashtra, India | |||
| Maruti Steel Srijan Private Limited | ₹1.44 Cr (FY 2025) | 4.0% | Howrah, West Bengal, India | |||
| Inginomicx Technologies Private Limited | ₹1.44 Cr (FY 2022) | 123.0% | Bangalore, Karnataka, India | |||
| Winaxis Trade Private Limited | ₹1.44 Cr (FY 2025) | -10.0% | Mumbai, Maharashtra, India | |||
| Webplanex Infotech Private Limited | ₹1.44 Cr (FY 2025) | -18.0% | Rajkot, Gujarat, India |
To see the full peer comparison of Gladstone Merchants Pvt. Ltd., buy the company report.
Auditor
Gladstone Merchants Pvt. Ltd. is audited by V K MITTAL & ASSOCIATES for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| V K MITTAL & ASSOCIATES | FY 2016 | 003172N |
Shareholding
The shareholding of Gladstone Merchants Pvt. Ltd. is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Gladstone Merchants Pvt. Ltd., buy the company report.
Legal cases
Gladstone Merchants Pvt. Ltd. has 3 court cases on record: 3 filed by Gladstone Merchants. 1 case is pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| NCLT | 2 | 0 | 0 |
| District courts | 1 | 0 | 1 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed by the company against Jindal Agro International and Anr and 1 other | Pending |
| NCLT, New Delhi Bench Court-III | Court case (C.A.(CAA)) | Filed by the company against The Registrar of Companies NCT of Delhi and Haryana and 1 other | Disposed |
| NCLT, New Delhi Bench Court-II | Court case (C.P.(CAA)) | Filed by the company against The Registrar of Companies NCT of Delhi and Haryana and 1 other | Disposed |
To see the full case history of Gladstone Merchants Pvt. Ltd., buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gladstone Merchants Pvt. Ltd.; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Gladstone Merchants Pvt. Ltd.; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gladstone Merchants Pvt. Ltd. has 11 board changes on record since 2009: 2 appointments and 9 cessations. The latest: Rajesh Jain ceased to be Director on 20 Jun 2016.
2 earlier events are in the company report.
Frequently asked questions
Gladstone Merchants has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Gladstone Merchants was a private limited company based in Delhi, India. The company worked in materials retail and distribution, within the metals and minerals industry. It was incorporated on 20 July 1994 and is registered under CIN U51109DL1994PTC309247. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Gladstone Merchants was incorporated on 20 July 1994. It is registered with the Registrar of Companies, Delhi.
Gladstone Merchants had 2 directors:
- Vinit Gupta - Director
- Vinay Gupta - Director
The CIN (Corporate Identification Number) of Gladstone Merchants is U51109DL1994PTC309247. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Gladstone Merchants is at 725, Jheel Khurenja, Delhi, India – 110031.
The latest financial statements of Gladstone Merchants on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
Gladstone Merchants operated in the metals and minerals industry, in the materials retail and distribution segment.
The peers of Gladstone Merchants by revenue are KMV Techinfra Private Limited, Xiphias Software Technologies Private Limited, N.B.K. Trade Linkers Private Limited, Commit Technologies Private Limited, Asasa International Mining Private Limited and 5 more, all in the Metals and Minerals industry (Application Development, Materials Retail and Distribution).
Gladstone Merchants has 3 court cases on record: 3 filed by the company. 1 is pending. Most are in the nclt.
Rajesh Jain ceased to be Director on 20 Jun 2016. Niti Gupta ceased to be Director on 01 Apr 2015. Khushboo Gupta ceased to be Additional Director on 30 Sep 2013. Gladstone Merchants has 11 board changes on record in total.
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