GM Sarees Private Limited
About GM Sarees Private Limited
Data last updated:
GM Sarees Private Limited is a private limited company based in Howrah, West Bengal, India. It operates in the traditional and ethnic wear segment of the fashion and textiles sector. It was incorporated on 05 March 2008 and has been in existence for over 18 years.
The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN U51909WB2008PTC123657. Its GSTIN is 19AADCG1358D1ZT (West Bengal).
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹23.55 Lakh. It is led by directors including Neha Makharia and Sidharth Makharia.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 493/C/A G.T. Road (South) Howrah Mills Compound Godown No. 19 & 20 2nd Floor, West Bengal, India – 711102.
As per the financials filed for FY 2024, the company reported a revenue of ₹16.5 Cr, a decline of 8% compared to the previous year. For the same year it recorded a net profit of ₹58.33 Lakh (net margin 3.5%) and EBITDA of ₹89.58 Lakh (EBITDA margin 5.4%). Revenue has grown at a compounded annual rate (CAGR) of 29% over three years and 3% over five years.
The company has about 26 employees on its provident fund (EPFO) records.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
GM Sarees Private Limited's registered office is in Howrah, West Bengal. Its e-mail address is in the company report.
- Email
- Registered Address493/C/A G.T. Road (South) Howrah Mills Compound Godown No. 19 & 20 2nd Floor, West Bengal, India – 711102
- IndustryFashion and Textile, Traditional & Ethnic Wear
To see the full contact details of GM Sarees Private Limited, 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
Business activity
The main business activity of GM Sarees is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of GM Sarees Private Limited, buy the company report.
Financials of GM Sarees Private Limited
FY 2025 filings availableGM Sarees Private Limited reported revenue of ₹16.5 Cr (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 8% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 3%. EBITDA rose 192% 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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| EBITDA | ₹89.58 Lakh | ||||
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| Net Profit (PAT) | ₹58.33 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 5.4% | ||||
| Net Profit Margin | 3.5% | ||||
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To see the full financial statements and ratios of GM Sarees Private Limited, buy the company report.
Board of directors of GM Sarees Private Limited
GM Sarees has 4 directors on record. No former directors are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Neha Makharia Also directs: SNM Home Private Limited | Director | 05 Mar 2008 | 18 Years 8 Months | Current |
| Sidharth Makharia | Director | 05 Mar 2008 | 18 Years 8 Months | Current |
| Raj Kamal Makharia Also directs: Devanshi Sarees Private Limited | Director | 05 Mar 2008 | 18 Years 8 Months | Current |
| Gautam Makharia | Director | 05 Mar 2008 | 18 Years 8 Months | Current |
Auditor
GM Sarees Private Limited is audited by J CHOWDHURY & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| J CHOWDHURY & ASSOCIATES | FY 2022 | 327197E |
Shareholding
The shareholding of GM Sarees Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of GM Sarees Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving GM Sarees Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for GM Sarees Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
GM Sarees Private Limited has a workforce of 26 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
GM Sarees has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 19AADCG1358D1ZT | West Bengal | Active | 04 Jul 2017 |
To see the full GST registrations and return filing status of GM Sarees Private Limited, buy the company report.
Recent activity
GM Sarees Private Limited has 4 board changes on record since 2008: 4 appointments. The latest: Gautam Makharia was appointed as Director on 05 Mar 2008.
Frequently asked questions
GM Sarees is an active private limited company based in Howrah, West Bengal, India. The company works in traditional and ethnic wear, within the fashion and textile industry. It was incorporated on 05 March 2008 (18+ years old) and is registered under CIN U51909WB2008PTC123657.
GM Sarees has 4 current directors:
- Neha Makharia - Director
- Sidharth Makharia - Director
- Raj Kamal Makharia - Director
- Gautam Makharia - Director
The latest financial statements of GM Sarees on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of GM Sarees is 19AADCG1358D1ZT, registered in West Bengal.
The CIN (Corporate Identification Number) of GM Sarees is U51909WB2008PTC123657. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GM Sarees was incorporated on 05 March 2008, making it 18+ years old. It is registered with the Registrar of Companies, Kolkata.
Gautam Makharia was appointed as Director on 05 Mar 2008. Neha Makharia was appointed as Director on 05 Mar 2008. Raj Kamal Makharia was appointed as Director on 05 Mar 2008. GM Sarees has 4 board changes on record in total.
The registered office of GM Sarees is at 493CA G.T. Road South Howrah Mills Compound Godown No. 19 & 20 2nd Floor, West Bengal, India – 711102.
GM Sarees operates in the fashion and textile industry, in the traditional and ethnic wear segment.
The compliance status of GM Sarees is compliant as of 29 July 2026. The company is actively filing with the Registrar of Companies.
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