
About Gypcore India Private Limited
Data last updated:
Gypcore India Private Limited is a private limited company based in Chennai, Tamil Nadu, India, a subsidiary of Global Mining Co Llc. It operates in the other metals and minerals segment of the metals and mining sector. It was incorporated on 25 June 2014 and has been in existence for over 12 years.
The company is registered with the Registrar of Companies (ROC), Chennai, under CIN U74900TN2014PTC096289. Its GSTIN is 33AAFCG6533N1ZD (Tamil Nadu). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.45 Cr. It is led by directors including Saleh Mohammed Al Shanfari and Musallem Salim Mahad Qatan.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 21 N.No:13 O.No:403 Second Floor Nethaji Street Gkm Colony, Chennai, Tamil Nadu, India – 600082.
As per the financials filed for FY 2023, the company reported a revenue of ₹1.43 Cr, a growth of 41% compared to the previous year. For the same year it recorded a net loss of ₹17.04 Lakh (net margin -11.9%) and EBITDA of -₹15.28 Lakh (EBITDA margin -10.7%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 1% over five years.
Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gypcore.com.
Company details
Contact details
Gypcore India Private Limited's registered office is in Chennai, Tamil Nadu. Its website is gypcore.com. Its telephone number is in the company report.
- Telephone
- Website
- Social Media
- Registered Address21 N.No:13 O.No:403 Second Floor Nethaji Street Gkm Colony, Chennai, Tamil Nadu, India – 600082
- IndustryMetals and Minerals, Other Metals & Minerals
To see the full contact details of Gypcore India 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 Gypcore India is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Gypcore India Private Limited, buy the company report.
Financials of Gypcore India Private Limited
FY 2023 filings availableGypcore India Private Limited reported revenue of ₹1.43 Cr (up 41% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 1% over five years, including 41% growth in the latest year. EBITDA fell 48% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| 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 | -₹15.28 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹17.04 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -10.7% | ||||
| Net Profit Margin | -11.9% | ||||
| 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 Gypcore India Private Limited, buy the company report.
Board of directors of Gypcore India Private Limited
Gypcore India has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Vijaykumar Selvarasu | Additional Director | 27 Jun 2015 | 11 Years 3 Months | Current |
| Saleh Mohammed Al Shanfari | Director | 25 Jun 2014 | 12 Years 3 Months | Current |
| Musallem Salim Mahad Qatan | Director | 25 Jun 2014 | 12 Years 3 Months | Current |
Auditor
Gypcore India Private Limited is audited by K RAMKUMAR & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| K RAMKUMAR & CO | FY 2022 | 002830S |
Shareholding
The shareholding of Gypcore India Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gypcore India Private Limited, buy the company report.
Legal cases
Gypcore India Private Limited has 4 court cases on record: 3 filed by Gypcore India, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 3 | 0 | 0 |
| District courts | 1 | 1 | 0 |
Cases on record (3 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Madras High Court | Writ petition | Filed by the company against The Deputy State Tax Officer | Disposed |
| Madras High Court | Interim or miscellaneous application | Filed by the company against The Deputy State Tax Officer | Disposed |
| District court, Viluppuram, Tamil Nadu | Motor accident claim | Filed against the company by an individual | Disposed |
To see the full case history of Gypcore India Private Limited, 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 Gypcore India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gypcore India has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 33AAFCG6533N1ZD | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gypcore India Private Limited, buy the company report.
Recent activity
Gypcore India Private Limited has 5 board changes on record since 2014: 3 appointments and 2 cessations. The latest: Appa Rao Ijju ceased to be Additional Director on 27 Jun 2015.
Frequently asked questions
Gypcore India is an active private limited company based in Chennai, Tamil Nadu, India. The company works in other metals and minerals, within the metals and minerals industry. It was incorporated on 25 June 2014 (12+ years old) and is registered under CIN U74900TN2014PTC096289.
Gypcore India has 3 current directors:
- Vijaykumar Selvarasu - Additional Director
- Saleh Mohammed Al Shanfari - Director
- Musallem Salim Mahad Qatan - Director
The latest financial statements of Gypcore India on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from 2015 are in the company report.
The GSTIN of Gypcore India is 33AAFCG6533N1ZD, registered in Tamil Nadu. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Gypcore India is U74900TN2014PTC096289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gypcore India has 4 court cases on record: 3 filed by the company and 1 filed against it. Most are in the high courts.
Gypcore India was incorporated on 25 June 2014, making it 12+ years old. It is registered with the Registrar of Companies, Chennai.
Appa Rao Ijju ceased to be Additional Director on 27 Jun 2015. Purushottam Tota ceased to be Director on 27 Jun 2015. Vijaykumar Selvarasu was appointed as Additional Director on 27 Jun 2015. Gypcore India has 5 board changes on record in total.
Gypcore India can be reached through the website gypcore.com. Its registered office is in Chennai, Tamil Nadu, India.
The registered office of Gypcore India is at 21 N.No:13 O.No:403 Second Floor Nethaji Street Gkm Colony, Chennai, Tamil Nadu, India – 600082.