G. C. Threads Private Limited
About G. C. Threads Private Limited
Data last updated:
G. C. Threads Private Limited is a private limited company based in Samana, Punjab, India. It operates in the leather segment of the apparel and fashion sector. It was incorporated on 09 August 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U17200PB2010PTC034160. Its GSTIN is 03AADCG9170H1ZO (Punjab).
The company has an authorised share capital of ₹13 Cr and a paid-up capital of ₹12.83 Cr. It is led by directors Sham Lal and Ramesh Kumar.
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 Bhawanigarh Road, Samana, Punjab, India – 147101.
As per the financials filed for FY 2025, the company reported a revenue of ₹159.19 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net profit of ₹2.54 Cr (net margin 1.6%) and EBITDA of ₹6.01 Cr (EBITDA margin 3.8%). Revenue has grown at a compounded annual rate (CAGR) of 4% over three years and 4% over five years.
The company has about 14 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹16 Cr and satisfied charges of ₹43 Cr on record. The company has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹12.93 Cr; the latest was in April 2022. Its 10 peer companies in the Manufacturing industry (Textiles) are compared by revenue, 5 larger and 5 smaller; the largest is Mori Spinning Private Limited.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered AddressBhawanigarh Road, Samana, Punjab, India – 147101
- IndustryAppreal & Fashion, Leather, Textile, Apparel
- 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 G. C. Threads Private Limited
The main business activity of G. C. Threads is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products | 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 G. C. Threads Private Limited FY 2025 filings available
G. C. Threads Private Limited reported revenue of ₹159.19 Cr (down 11% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of G. C. Threads Private Limited
Revenue fell 11% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 4%. EBITDA fell 12% 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 G. C. Threads Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| 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 | ₹6.01 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.54 Cr | •••• | •••• | •••• | •••• |
| 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 G. C. Threads Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.8% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 1.6% | •••• | •••• | •••• | •••• |
| 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 G. C. Threads 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.
Peer Comparison of G. C. Threads Private Limited
G. C. Threads Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Revenue, net profit, margin and growth of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Mori Spinning Private Limited | •••• | •••• | •••• | •••• | - | Rajula, Gujarat, India |
| Birmi International Private Limited | •••• | •••• | •••• | •••• | 16 | New Delhi, Delhi, India |
| Paragon Apparel Private Limited | •••• | •••• | •••• | •••• | 640 | New Delhi, Delhi, India |
| Devam Industries Private Limited | •••• | •••• | •••• | •••• | - | Surat City, Gujarat, India |
| Ferolite Jointings Limited. | •••• | •••• | •••• | •••• | 93 | Delhi, India |
| G. C. Threads Private Limited this company | •••• | •••• | •••• | •••• | - | Samana, Punjab, India |
| Shiva Mills Limited Listed | •••• | •••• | •••• | •••• | 621 | Coimbatore North, Tamil Nadu, India |
| Jindal Polyweaves Private Limited | •••• | •••• | •••• | •••• | 36 | Surat City, Gujarat, India |
| Gsons Industries Private Limited | •••• | •••• | •••• | •••• | - | Chengalpattu, Tamil Nadu, India |
| Kitex Limited | •••• | •••• | •••• | •••• | 168 | Aluva, Kerala, India |
| Shri Dhanalakshmi Spinntex Private Limited | •••• | •••• | •••• | •••• | 139 | Coimbatore, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below G. C. Threads by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Revenue, net profit, margin and growth of each peer are in the company report.
Auditor Details of G. C. Threads Private Limited
G. C. Threads Private Limited is audited by RAJESH KRISHAN AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| RAJESH KRISHAN AND ASSOCIATES | 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.
Board of Directors of G. C. Threads Private Limited
G. C. Threads has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sham Lal Also directs: G.C.Strips Limited | Director | 09 Aug 2010 | 16 Years 1 Months | Current |
| Ramesh Kumar Also directs: Radiant Textiles Private Limited, G C Spintex Private Limited, Radiant Spintex Limited and 2 more | Director | 11 Aug 2023 | 3 Years 1 Months | Current |
Ownership and Shareholding of G. C. Threads 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 G. C. Threads Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Nov 2025 | Axis Bank Limited | ₹1 Cr | Open |
| 13 Sep 2019 | Axis Bank Limited | ₹15 Cr | Open |
| 24 Feb 2017 | Others | ₹8 Cr | Satisfied |
| 02 Dec 2013 | Punjab National Bank | ₹15 Cr | Satisfied |
| 09 Jun 2011 | Others | ₹20 Cr | Satisfied |
Total charge records: 5 View all charges
Deals & Funding of G. C. Threads Private Limited
G. C. Threads Private Limited has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹12.93 Cr; the latest was in April 2022.
Deals on record (5 of 10)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2018 | Secondary share transfer | Undisclosed | Buyer: Sham Lal Huf Seller: an individual |
| Jun 2018 | Secondary share transfer | Undisclosed | Buyer: Sham Lal Huf Seller: an individual |
| Mar 2013 | Funding round | ₹4.02 Cr | Investors: G.C. Fibres Limited , G C Spintex Private Limited , 2 individuals |
| Mar 2011 | Funding round | ₹8.91 Cr | Investors: G.C. Fibres Limited , G C Spintex Private Limited , Varun Garg Huf, an individual |
Full deal history
All 10 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at G. C. Threads Private Limited
G. C. Threads Private Limited has a workforce of 14 employees as of Apr 09, 2024.
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 G. C. Threads Private Limited
G. C. Threads Private Limited has 4 board changes on record since 2010: 2 appointments and 2 cessations. The latest: Ramesh Kumar ceased to be Additional Director on 29 Sep 2023.
5 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for G. C. Threads 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 G. C. Threads 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 G. C. Threads 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 G. C. Threads Private Limited
G. C. Threads has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AADCG9170H1ZO | Punjab | 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 G. C. Threads 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 G. C. Threads Private Limited
G. C. Threads is an active private limited company based in Samana, Punjab, India. The company works in leather, within the apparel and fashion industry. It was incorporated on 09 August 2010 (16+ years old) and is registered under CIN U17200PB2010PTC034160.
G. C. Threads reported revenue of ₹159.19 Cr for FY 2025 (down 11% YoY).
G. C. Threads has 2 current directors:
- Sham Lal - Director
- Ramesh Kumar - Director
G. C. Threads reported a net profit of ₹2.54 Cr (net margin 1.6%) and EBITDA of ₹6.01 Cr (EBITDA margin 3.8%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of G. C. Threads is -4% over three years and 4% over five years. In the latest year (FY 2025) revenue fell 11%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of G. C. Threads is 03AADCG9170H1ZO, registered in Punjab.
The CIN (Corporate Identification Number) of G. C. Threads is U17200PB2010PTC034160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
G. C. Threads was incorporated on 09 August 2010, making it 16+ years old. It is registered with the Registrar of Companies, Chandigarh.
G. C. Threads has 10 deals on record (8 secondary share transfers, 2 funding rounds), with disclosed funding of ₹12.93 Cr; the latest was in April 2022.
The peers of G. C. Threads by revenue are Mori Spinning Private Limited, Birmi International Private Limited, Paragon Apparel Private Limited, Devam Industries Private Limited, Ferolite Jointings Limited. and 5 more, all in the Manufacturing industry (Textiles).
Ramesh Kumar ceased to be Additional Director on 29 Sep 2023. Manu Garg ceased to be Director on 21 Aug 2023. Ramesh Kumar was appointed as Director on 11 Aug 2023. G. C. Threads has 4 board changes on record in total.