
G S Distributors Limited
About G S Distributors Limited
Data last updated:
G S Distributors Limited is a public limited company based in Punjab, India. It operates in the health and beauty retail and distribution segment of the consumer goods sector. It was incorporated on 21 May 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51109PB1997PLC019978. Its GSTIN is 03AABCG4339E1Z3 (Punjab). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹5.6 Cr and a paid-up capital of ₹5.6 Cr. It is led by directors including Gurpreet Singh Rekhi (Managing Director) and Mandeep Singh Rekhi.
Its last annual general meeting (AGM) was held on 30 September 2016, and its latest financial statements are for the year ended 31 March 2016. The registered office is at 11 Amar Singh Complexkalgidhar Road Ludhiana, Punjab, India.
As per the financials filed for FY 2016, the company reported a revenue of ₹115.33 Cr, a decline of 20% compared to the previous year. For the same year it recorded a net loss of ₹4.89 Cr (net margin -4.2%) and EBITDA of -₹1.86 Cr (EBITDA margin -1.6%).
As per MCA filings, the company has open charges of ₹25.35 Cr and satisfied charges of ₹22.67 Cr on record. Court records list 27 cases involving the company, including 3 filed by the company and 24 filed against it; 3 cases are pending.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN history
G S Distributors has one previous CIN (Corporate Identification Number): L51109PB1997PLC019978. The current CIN is U51109PB1997PLC019978, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51109PB1997PLC019978 | Current |
| L51109PB1997PLC019978 | Previous |
Contact details
G S Distributors Limited's registered office is in Punjab. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address11 Amar Singh Complexkalgidhar Road Ludhiana, Punjab, India
- IndustryConsumer Goods, Health & Beauty Retail & Distribution, Accessories Retail & Distribution
To see the full contact details of G S Distributors 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 G S Distributors is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of G S Distributors Limited, buy the company report.
Financials of G S Distributors Limited
FY 2016 filings availableG S Distributors Limited reported revenue of ₹115.33 Cr (down 20% YoY) for FY 2016.
Compounded Annual Growth Rate (CAGR)
Revenue fell 20% in the latest year. EBITDA fell 159% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | ₹115.33 Cr | |
| Other Income | ||
| Total Revenue | ||
| Cost of Materials Consumed | ||
| Employee Benefit Expense | ||
| Finance Costs | ||
| Depreciation and Amortisation | ||
| Other Expenses | ||
| Total Expenses | ||
| EBITDA | -₹1.86 Cr | |
| Profit Before Tax | ||
| Tax Expense | ||
| Net Profit (PAT) | -₹4.89 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
| Metrics | FY 2015-16 | FY 2014-15 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | -1.6% | |
| Net Profit Margin | -4.2% | |
| 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 S Distributors Limited, buy the company report.
Board of directors of G S Distributors Limited
G S Distributors has 3 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mandeep Singh Rekhi Also directs: Iqbal Agencies Private Limited | Director | 26 Sep 2008 | 18 Years 1 Months | Current |
| Brij Upadhyay Bhushan | Director | 23 Dec 2011 | 14 Years 10 Months | Current |
| Gurpreet Singh Rekhi Also directs: Iqbal Agencies Private Limited | Managing Director | 21 May 1997 | 29 Years 5 Months | Current |
Peer comparison
G S Distributors Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Accessories Retail and Distribution, Health and Beauty Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| R P Comtrade Private Limited | ₹117.09 Cr (FY 2025) | 47.0% | Kolkata, West Bengal, India | |||
| Just Dogs Spalons Private Limited | ₹116.63 Cr (FY 2025) | 22.0% | Ahmedabad, Gujarat, India | |||
| G S Distributors Limitedthis company | ₹115.33 Cr (FY 2016) | -₹4.89 Cr | -4.2% | -20.0% | Punjab, India | |
| Mapaex Tradelink Private Limited | ₹112.14 Cr (FY 2025) | 3.0% | Bhopal, Madhya Pradesh, India |
To see the full peer comparison of G S Distributors Limited, buy the company report.
Auditor
G S Distributors Limited is audited by Y B V & COMPANY for the financial year 2016.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Y B V & COMPANY | FY 2016 | 019656N |
Shareholding
The shareholding of G S Distributors Limited is on record for FY 2016, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2016 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of G S Distributors Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Apr 2015 | 10566698 | Kotak Mahindra Bank Limited | ₹25.3 Cr | Open | |
| 25 Oct 2013 | 10460615 | Bank of Baroda | ₹5 Lakh | Open | |
| 30 Aug 2010 | 10242504 | Bank of Baroda | ₹16.5 Cr | Satisfied | |
| 06 Mar 2007 | 10046659 | Bank of India | ₹5 Cr | Satisfied | |
| 17 Mar 2006 | 80014105 | State Bank of India | ₹1.17 Cr | Satisfied |
To see the full charge records of G S Distributors Limited, buy the company report.
Total charge records: 5 View all charges
Legal cases
G S Distributors Limited has 27 court cases on record: 3 filed by G S Distributors, 24 filed against it. 3 cases are pending and 24 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 23 | 20 | 3 |
| High courts | 4 | 4 | 0 |
Cases on record (5 of 27)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, South West, Delhi | Criminal case | Filed against the company by Kotak Mahindra Bank Ltd | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Kotak Mahindra Bank Ltd | Disposed |
| High Court, MAHARASHTRA | Writ petition | Filed against the company by M/S Kotak Mahindra Bank Limited | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by Kotak Mahindra Bank Limited | Disposed |
To see the full case history of G S Distributors 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 G S Distributors Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
G S Distributors has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AABCG4339E1Z3 | Punjab | Active | 01 Jul 2017 |
| 06AABCG4339E1ZX | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of G S Distributors Limited, buy the company report.
Recent activity
G S Distributors Limited has 6 board changes on record since 1997: 3 appointments and 3 cessations. The latest: Brij Upadhyay Bhushan was appointed as Director on 23 Dec 2011.
8 earlier events are in the company report.
Frequently asked questions
G S Distributors is an active public limited company based in Punjab, India. The company works in health and beauty retail and distribution, within the consumer goods industry. It was incorporated on 21 May 1997 (29+ years old) and is registered under CIN U51109PB1997PLC019978.
G S Distributors has 3 current directors:
- Gurpreet Singh Rekhi - Managing Director
- Mandeep Singh Rekhi - Director
- Brij Upadhyay Bhushan - Director
The latest financial statements of G S Distributors on record with the MCA are for the year ended 31 March 2016. Its last annual general meeting was held on 30 September 2016. Year-wise statements from 2015 are in the company report.
The GSTIN of G S Distributors is 03AABCG4339E1Z3, registered in Punjab. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 06AABCG4339E1ZX (Haryana).
The CIN (Corporate Identification Number) of G S Distributors is U51109PB1997PLC019978. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
G S Distributors has 27 court cases on record: 3 filed by the company and 24 filed against it. 3 are pending. Most are in the district courts.
G S Distributors was incorporated on 21 May 1997, making it 29+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of G S Distributors by revenue are R P Comtrade Private Limited, Just Dogs Spalons Private Limited, Mapaex Tradelink Private Limited, all in the Consumer Products industry (Accessories Retail and Distribution, Health and Beauty Retail and Distribution), with the same principal business activity (wholesale trading).
Brij Upadhyay Bhushan was appointed as Director on 23 Dec 2011. Sunil Dutt Sharma ceased to be Director on 23 Dec 2011. Iqbal Kaur Rekhi ceased to be Director on 26 Sep 2008. G S Distributors has 6 board changes on record in total.
The registered office of G S Distributors is at 11 Amar Singh Complexkalgidhar Road Ludhiana, Punjab, India.
G S Distributors operates in the consumer goods industry, in the health and beauty retail and distribution segment.

