Gravity Synthetics Private Limited
About Gravity Synthetics Private Limited
Data last updated:
Gravity Synthetics Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 17 November 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U24300MH1994PTC083061.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1.44 Lakh. It is led by directors Jay Rasiklal Thakkar and Samir Rasiklal Thakkar.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at Mumbai, Maharashtra.
As per the financials filed for FY 2018, the company reported a revenue of ₹95.37 Lakh, a growth of 131% compared to the previous year. For the same year it recorded a net loss of ₹7.38 Lakh (net margin -7.7%) and EBITDA of -₹7.3 Lakh (EBITDA margin -7.7%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Gravity Synthetics Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressGala No 131 1st Fl Sanjay Bldgno 5 – B Mittal Indl Est Andheri Kurla Road Sakinaka Andheri, E, Mumbai, Maharashtra, India – 400059
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of Gravity Synthetics 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
Financials of Gravity Synthetics Private Limited
FY 2021 filings availableGravity Synthetics Private Limited reported revenue of ₹95.37 Lakh (up 131% YoY) for FY 2018.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 25% over three years, including 131% growth 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 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ₹95.37 Lakh | |||
| Other Income | ||||
| Total Revenue | ||||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹7.3 Lakh | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹7.38 Lakh | |||
| 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
| Metrics | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -7.7% | |||
| Net Profit Margin | -7.7% | |||
| 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 | ||||
To see the full financial statements and ratios of Gravity Synthetics Private Limited, buy the company report.
Board of directors of Gravity Synthetics Private Limited
Gravity Synthetics has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jay Rasiklal Thakkar | Director | 30 Sep 2001 | 25 Years 0 Months | Current |
| Samir Rasiklal Thakkar | Director | 15 Nov 2003 | 22 Years 11 Months | Current |
Auditor
Gravity Synthetics Private Limited is audited by A R SODHA & CO for the financial year 2018.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A R SODHA & CO | FY 2018 | 110324W |
Shareholding
The shareholding of Gravity Synthetics Private Limited is on record for 4 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Gravity Synthetics Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving Gravity Synthetics 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 Gravity Synthetics Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Gravity Synthetics has 2 associated companies. This group structure data is as of FY 2019. The table lists each entity with its relationship and holding.
GST
No GST registration is on our record for Gravity Synthetics Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gravity Synthetics Private Limited has 3 board changes on record since 2001: 2 appointments and 1 cessation. The latest: Varun Rasiklal Thakkar ceased to be Director on 28 Feb 2023.
Frequently asked questions
Gravity Synthetics is an active private limited company based in Mumbai, Maharashtra, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 17 November 1994 (32+ years old) and is registered under CIN U24300MH1994PTC083061.
Gravity Synthetics has 2 current directors:
- Jay Rasiklal Thakkar - Director
- Samir Rasiklal Thakkar - Director
The latest financial statements of Gravity Synthetics on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Gravity Synthetics is U24300MH1994PTC083061. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gravity Synthetics was incorporated on 17 November 1994, making it 32+ years old. It is registered with the Registrar of Companies, Mumbai.
Varun Rasiklal Thakkar ceased to be Director on 28 Feb 2023. Samir Rasiklal Thakkar was appointed as Director on 15 Nov 2003. Jay Rasiklal Thakkar was appointed as Director on 30 Sep 2001.
The registered office of Gravity Synthetics is at Gala No 131 1st Fl Sanjay Bldgno 5 – B Mittal Indl Est Andheri Kurla Road Sakinaka Andheri, E, Mumbai, Maharashtra, India – 400059.
Gravity Synthetics operates in the home and lifestyle industry, in the textile retail and distribution segment.
The compliance status of Gravity Synthetics is compliant as of 18 September 2026. The company is actively filing with the Registrar of Companies.
Gravity Synthetics can be reached at its registered office: Gala No 131 1st Fl Sanjay Bldgno 5 – B Mittal Indl Est Andheri Kurla Road Sakinaka Andheri, E, Mumbai, Maharashtra, India – 400059.