MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-19-0070554
G M Knitting Industries Pvt Ltd - home & lifestyle in Ludhiana, Punjab, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹9.09 Cr
▼ 66% YoY
Net profit · FY 2025
₹36.71 Lakh
Net margin 4%
EBITDA · FY 2025
₹56.41 Lakh
EBITDA margin 6.2%
Authorised capital
₹4.95 Cr
Registered with MCA
Paid-up capital
₹4.73 Cr
Issued & subscribed
Open charges
₹220.84 Cr
Satisfied ₹102.82 Cr
Company age
39 yrs
Est. 1987
Directors on board
4
As per MCA filings
About G M Knitting Industries Pvt Ltd
Data last updated:
G M Knitting Industries Pvt Ltd is a private limited company based in Ludhiana, Punjab, India. It operates in the textile retail and distribution segment of the home and lifestyle products sector. It was incorporated on 09 February 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U99999PB1987PTC007281. Its GSTIN is 24AAACG3873C1ZZ (Gujarat). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹4.95 Cr and a paid-up capital of ₹4.73 Cr. It is led by directors including Gurvindercharan Sardar Singh and Ramanjit Gurvinder Kaur.
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 112 – R Model Town, Ludhiana, Punjab, India – 141002.
As per the financials filed for FY 2025, the company reported a revenue of ₹9.09 Cr, a decline of 66% compared to the previous year. For the same year it recorded a net profit of ₹36.71 Lakh (net margin 4%) and EBITDA of ₹56.41 Lakh (EBITDA margin 6.2%). Revenue has declined at a compounded annual rate (CAGR) of 23% over three years.
Its group structure includes 1 subsidiary.
The company is associated with 1 brand: GM Fabrics. As per MCA filings, the company has open charges of ₹220.84 Cr and satisfied charges of ₹102.82 Cr on record. Court records list 6 cases involving the company, including 4 filed by the company and 2 filed against it.
G M Knitting Industries Pvt Ltd is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-19-0070554). The current compliance status is marked as active non-compliant by the Registrar of Companies. For more details, the company can be reached via its website gmfabrics.com.
Company details
CIN U99999PB1987PTC007281
Registration Number 007281
Incorporation Date 09 February 1987
ROC Chandigarh
Listing Status Unlisted
Company Status Active
Compliance Status Active Non-Compliant
MSME Classification Medium
Udyam Registration UDYAM-MH-19-0070554
Key People
Gurvindercharan Sardar Singh Director Ramanjit Gurvinder Kaur Director Harbanskaur Gurcharansingh Chugha Director Recognitions & Rankings of G M Knitting Industries
Contact details
G M Knitting Industries Pvt Ltd's registered office is in Ludhiana, Punjab. Its website is gmfabrics.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address112 – R Model Town, Ludhiana, Punjab, India – 141002
- IndustryHome & Lifestyle, Textile Retail & Distribution
To see the full contact details of G M Knitting Industries Pvt Ltd, buy the company report.
Comprehensive company report
G M Knitting Industries Pvt Ltd - one report that includes everything
- 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
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Brands
G M Knitting Industries operates one associated brand: GM Fabrics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A premium brand specializing in high-quality home textiles. | gmfabrics.com |
Business activity
The main business activity of G M Knitting Industries is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of G M Knitting Industries Pvt Ltd, buy the company report.
Financials of G M Knitting Industries Pvt Ltd
FY 2025 filings availableG M Knitting Industries Pvt Ltd reported revenue of ₹9.09 Cr (down 66% YoY) for FY 2025.
Revenue · FY 2025
₹9.09 Cr ▼ 66%
Net profit · FY 2025
₹36.71 Lakh margin 4%
EBITDA · FY 2025
₹56.41 Lakh margin 6.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 66%
3 years · compounded
▼ 23%
EBITDA CAGR growth
1 year
▼ 85%
3 years · compounded
▼ 35%
Revenue has declined at a compounded annual rate (CAGR) of 23% over three years, including a 66% fall in the latest year. EBITDA fell 85% 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 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 | ₹56.41 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹36.71 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 | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 6.2% | ||||
| Net Profit Margin | 4% | ||||
| 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 G M Knitting Industries Pvt Ltd, buy the company report.
Board of directors of G M Knitting Industries Pvt Ltd
G M Knitting Industries has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurvindercharan Sardar Singh Also directs: G M Fabrics Private Limited, Harbans Enterprises Private Limited, Parwan Constructions Private Limited and 1 more | Director | 20 Nov 2009 | 16 Years 11 Months | Current |
| Ramanjit Gurvinder Kaur | Director | 22 Jun 2005 | 21 Years 4 Months | Current |
| Harbanskaur Gurcharansingh Chugha Also directs: G M Fabrics Private Limited, GMM Impex Private Limited, Harbans Enterprises Private Limited and 2 more | Director | 01 Nov 2013 | 13 Years 0 Months | Current |
| Gurcharan Singh Sardar Also directs: G M Fabrics Private Limited, GMM Impex Private Limited, Harbans Enterprises Private Limited and 5 more | Director | 01 Nov 2013 | 13 Years 0 Months | Current |
Auditor
G M Knitting Industries Pvt Ltd is audited by shah & bhosale for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| shah & bhosale | FY 2023 | 40228 |
Shareholding
The shareholding of G M Knitting Industries Pvt Ltd is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of G M Knitting Industries Pvt Ltd, buy the company report.
Charges & borrowings
Open charges
₹220.84 Cr
Satisfied charges
₹102.82 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2019 | 100310172 | Hdfc Bank Limited | ₹30 Cr | Open | |
| 30 Jul 2019 | 100280254 | Others | ₹63 Cr | Open | |
| 20 Dec 2018 | 100239965 | The Hongkong and Shanghai Banking Corporation Limited | ₹50 Cr | Open | |
| 20 Apr 2016 | 100027126 | Others | ₹60 Cr | Open | |
| 31 Mar 2015 | 10564472 | Bank International Indonesia | ₹15 Cr | Open |
To see the full charge records of G M Knitting Industries Pvt Ltd, buy the company report.
Total charge records: 26 View all charges
Legal cases
G M Knitting Industries Pvt Ltd has 6 court cases on record: 4 filed by G M Knitting Industries, 2 filed against it. All cases are disposed.
Total cases
6
Filed by the company
4
Filed against the company
2
Disposed
6
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 5 | 2 | 0 |
| District courts | 1 | 0 | 0 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Lord's Seaside Cooperative Housing Service Society Ltd and 9 others | Disposed |
| High Court, PUNJAB | Company petition | Filed by the company against an individual | Disposed |
| Bombay High Court | Writ petition | Filed by the company against The Union of India and Ors. | Disposed |
| Bombay High Court | Appeal | Filed by the company | Disposed |
| District court, Mumbai City Civil Court, Maharashtra | Court case (CHAMBER SUMMONS) | Filed by the company against an individual | Disposed |
To see the full case history of G M Knitting Industries Pvt Ltd, 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 G M Knitting Industries Pvt Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
G M Knitting Industries has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
1
Subsidiary companies
Key subsidiaries
| Company Name | CIN | Shares held |
|---|---|---|
| G M Fabrics Private Limited | U17116MH1985PTC034978 |
To see the full group structure of G M Knitting Industries Pvt Ltd, buy the company report.
GST
G M Knitting Industries has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACG3873C1ZZ | Gujarat | Active | 01 Jul 2017 |
| 27AAACG3873C2ZS | Maharashtra | Active | 27 Nov 2018 |
To see the full GST registrations and return filing status of G M Knitting Industries Pvt Ltd, buy the company report.
Recent activity
G M Knitting Industries Pvt Ltd has 7 board changes on record since 2005: 4 appointments and 3 cessations. The latest: Harbanskaur Gurcharansingh Chugha ceased to be Additional Director on 30 Sep 2014.
AGM
G M Knitting Industries Pvt Ltd last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
G M Knitting Industries Pvt Ltd has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Chandigarh.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100310172 was registered on 27 Nov 2019.
Charges
A charge with Others amounted to Rs. 63.00 Cr with Charge ID 100280254 was registered on 30 Jul 2019.
Charges
A charge with Others of Rs. 60.00 Cr registered on 20 Apr 2016 with Charge ID 100027126 was modified on 08 Jul 2019.
Charges
A charge with The Hongkong And Shanghai Banking Corporation Limited of Rs. 50.00 Cr registered on 20 Dec 2018 with Charge ID 100239965 was modified on 09 Apr 2019.
Charges
A charge registered on 03 May 2011 via Charge ID 10283133 with Citibank N. A. was fully satisfied on 15 Feb 2019.
Charges
A charge registered on 05 Apr 2011 via Charge ID 10283364 with Citibank N. A. was fully satisfied on 15 Feb 2019.
Charges
A charge registered on 24 Aug 2007 via Charge ID 10075874 with Citibank N.A. was fully satisfied on 15 Feb 2019.
Charges
A charge registered on 24 Aug 2007 via Charge ID 10077213 with Citibank N.A. was fully satisfied on 15 Feb 2019.
Charges
A charge registered on 24 Aug 2007 via Charge ID 10079336 with Citibank N.A. was fully satisfied on 15 Feb 2019.
Charges
A charge registered on 31 Aug 2006 via Charge ID 10019242 with Citibank N. A. was fully satisfied on 15 Feb 2019.
42 earlier events are in the company report.
Frequently asked questions
G M Knitting Industries is an active private limited company based in Ludhiana, Punjab, India. The company works in textile retail and distribution, within the home and lifestyle industry. It was incorporated on 09 February 1987 (39+ years old) and is registered under CIN U99999PB1987PTC007281.
G M Knitting Industries has 4 current directors:
- Gurvindercharan Sardar Singh - Director
- Ramanjit Gurvinder Kaur - Director
- Harbanskaur Gurcharansingh Chugha - Director
- Gurcharan Singh Sardar - Director
The latest financial statements of G M Knitting Industries 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 G M Knitting Industries is 24AAACG3873C1ZZ, registered in Gujarat. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACG3873C2ZS (Maharashtra).
The CIN (Corporate Identification Number) of G M Knitting Industries is U99999PB1987PTC007281. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
G M Knitting Industries has 6 court cases on record: 4 filed by the company and 2 filed against it. Most are in the high courts.
G M Knitting Industries was incorporated on 09 February 1987, making it 39+ years old. It is registered with the Registrar of Companies, Chandigarh.
Harbanskaur Gurcharansingh Chugha ceased to be Additional Director on 30 Sep 2014. Gurcharan Singh Sardar was appointed as Director on 01 Nov 2013. Harbanskaur Gurcharansingh Chugha was appointed as Director on 01 Nov 2013. G M Knitting Industries has 7 board changes on record in total.
Yes, G M Knitting Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-19-0070554).
G M Knitting Industries can be reached through the website gmfabrics.com. Its registered office is in Ludhiana, Punjab, India.
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