GM Ecom Private Limited
About GM Ecom Private Limited
Data last updated:
GM Ecom Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the online healthcare product retail segment of the e-commerce sector. It was incorporated on 07 March 2014.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PTC253970. Its GSTIN is 24AAFCK4775J1Z8 (Gujarat).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Kinesis India Private Limited. It was led by directors including Manish Arvind Mehta and Manan Jitesh Sheth.
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 B – 27 3rd Floor Plot No. 13 Shree Ram Industrial Estate G. D. Ambekar Marg Wadala, Mumbai, Maharashtra, India – 400031.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.3 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹63,663 (net margin -4.5%) and EBITDA of ₹2.45 Lakh (EBITDA margin 17.2%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 34% over five years.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressB – 27 3rd Floor Plot No. 13 Shree Ram Industrial Estate G. D. Ambekar Marg Wadala, Mumbai, Maharashtra, India – 400031
- IndustryE-Commerce, Online Healthcare Product Retail
- 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
- One PDF report, delivered after checkout
Business Activity of GM Ecom Private Limited
The main business activity of GM Ecom is trade. In detail, this covers wholesale trading.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of GM Ecom Private Limited FY 2024 filings available
GM Ecom Private Limited reported revenue of ₹14.3 Lakh (down 71% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of GM Ecom Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 71% fall in the latest year. EBITDA fell 50% 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 of GM Ecom Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹2.45 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹63,663 | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of GM Ecom Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 17.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -4.5% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of GM Ecom are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of GM Ecom Private Limited
GM Ecom has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Arvind Mehta Also directs: BRK Instruments India LLP, Shi-Am Technologies India LLP, Supreme Chromatography India LLP and 5 more | Director | 01 Jul 2019 | 7 Years 3 Months | As last reported |
| Manan Jitesh Sheth | Director | 09 Jan 2017 | 9 Years 9 Months | As last reported |
| Sanjay Arvind Mehta Also directs: BRK Instruments India LLP, Shi-Am Technologies India LLP, Supreme Chromatography India LLP and 5 more | Director | 01 Jul 2019 | 7 Years 3 Months | As last reported |
Peer Comparison of GM Ecom Private Limited
GM Ecom Private Limited is compared with the companies closest to it by revenue in the Ecommerce and Internet industry (Healthcare Products). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kabera Global Technologies Private Limited | ₹15.98 Lakh (FY 2025) | •••• | •••• | -80.0% | •••• | New Delhi, Delhi, India |
| Medicrit Biotech Private Limited | ₹15.29 Lakh (FY 2025) | •••• | •••• | 86.0% | •••• | Mumbai, Maharashtra, India |
| Meghalayan Medical Drugs and Services Limited | ₹15 Lakh (FY 2023) | •••• | •••• | •••• | Shillong, Meghalaya, India | |
| SGV Pharma Private Limited | ₹14.36 Lakh (FY 2025) | •••• | •••• | 42322.0% | •••• | South 24 Parganas, West Bengal, India |
| Onelife Nutriscience Private Limited | ₹14.33 Lakh (FY 2025) | •••• | •••• | -93.0% | •••• | Mumbai, Maharashtra, India |
| GM Ecom Private Limited this company | ₹14.3 Lakh (FY 2024) | •••• | •••• | -71.0% | •••• | Mumbai, Maharashtra, India |
| Care Catalyst Equipments Private Limited | ₹14.18 Lakh (FY 2025) | •••• | •••• | -17.0% | •••• | Ahamednagar, Maharashtra, India |
| Panakeia Medisys Private Limited | ₹14.18 Lakh (FY 2022) | •••• | •••• | -49.0% | •••• | Ghaziabad, Uttar Pradesh, India |
| Swatee Health Solutions (OPC) Private Limited | ₹13.97 Lakh (FY 2024) | •••• | •••• | -46.0% | •••• | Rishikesh, Uttarakhand, India |
| Caliczbee Solutions Private Limited | ₹13.74 Lakh (FY 2024) | •••• | •••• | 18.0% | •••• | Kozhikode, Kerala, India |
| Candor Specialties Private Limited | ₹13.6 Lakh (FY 2022) | •••• | •••• | 32.0% | •••• | Ghaziabad, Uttar Pradesh, India |
Peers are the five companies nearest above and the five nearest below GM Ecom by revenue in the Ecommerce and Internet industry (Healthcare Products), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of GM Ecom Private Limited
GM Ecom Private Limited is audited by A J KANAKIA & CO for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| A J KANAKIA & CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of GM Ecom Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of GM Ecom Private Limited
GM Ecom Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Employees and EPFO Compliance at GM Ecom Private Limited
Employment history and EPFO contributions of people linked to GM Ecom.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on GM Ecom Private Limited
GM Ecom Private Limited has 7 board changes on record since 2017: 3 appointments and 4 cessations. The latest: Karan Mayank Mehta ceased to be Director on 30 Jul 2020.
Credit Ratings, Litigation & Regulatory Alerts for GM Ecom Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by GM Ecom Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of GM Ecom Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of GM Ecom Private Limited
GM Ecom has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCK4775J1Z8 | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of GM Ecom Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about GM Ecom Private Limited
GM Ecom has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
GM Ecom was a private limited company based in Mumbai, Maharashtra, India. The company worked in online healthcare product retail, within the e-commerce industry. It was incorporated on 07 March 2014 and is registered under CIN U74999MH2014PTC253970. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of GM Ecom is U74999MH2014PTC253970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GM Ecom had 3 directors:
- Manish Arvind Mehta - Director
- Manan Jitesh Sheth - Director
- Sanjay Arvind Mehta - Director
GM Ecom was incorporated on 07 March 2014. It is registered with the Registrar of Companies, Mumbai.
The registered office of GM Ecom is at B – 27 3rd Floor Plot No. 13 Shree Ram Industrial Estate G. D. Ambekar Marg Wadala, Mumbai, Maharashtra, India – 400031.
GM Ecom reported revenue of ₹14.3 Lakh for FY 2024 (down 71% YoY).
GM Ecom has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh.
GM Ecom reported a net loss of ₹63,663 (net margin -4.5%) and EBITDA of ₹2.45 Lakh (EBITDA margin 17.2%) for FY 2024, as per its filed financial statements.
The GSTIN of GM Ecom is 24AAFCK4775J1Z8, registered in Gujarat.
GM Ecom operated in the e-commerce industry, in the online healthcare product retail segment.