G S Oils Limited
About G S Oils Limited
Data last updated:
G S Oils Limited is a public limited company based in Adilabad, Telangana, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the edible oils and cooking fats segment of the food and beverages sector. It was incorporated on 07 November 1997.
The company is registered with the Registrar of Companies (ROC), Hyderabad, under CIN U15143TG1997PLC028321. The company has 4 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹11 Cr and a paid-up capital of ₹10.69 Cr. It is led by directors including Manoj Kumar Agarwal (Managing Director) and Sunil Kumar Saraf.
Its last annual general meeting (AGM) was held on 22 August 2013, and its latest financial statements are for the year ended 31 March 2013. The registered office is at H No. 4 – 5 – 3 Station Road Adilabad Andhra Pradesh, Telangana, India – 504001.
As per the financials filed for FY 2025, the company reported a revenue of ₹6.08 Cr. For the same year it recorded a net loss of ₹37,702 (net margin -0.1%) and EBITDA of -₹50,000 (EBITDA margin -0.1%).
As per MCA filings, the company has open charges of ₹351.02 Cr on record. Court records list 161 cases involving the company, including 46 filed by the company and 115 filed against it; 28 cases are pending.
Company details
CIN history
G S Oils has one previous CIN (Corporate Identification Number): U15143AP1997PLC028321. The current CIN is U15143TG1997PLC028321, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15143TG1997PLC028321 | Current |
| U15143AP1997PLC028321 | Previous |
Contact details
G S Oils Limited's registered office is in Adilabad, Telangana.
- Registered AddressH No. 4 – 5 – 3 Station Road Adilabad Andhra Pradesh, Telangana, India – 504001
- IndustryFood and Beverages, Edible Oils & Cooking Fats
- 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 G S Oils Limited
FY 2013 filings availableG S Oils Limited reported revenue of ₹6.08 Cr for FY 2025.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | -₹50,000 | ||||
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| Net Profit (PAT) | -₹37,702 | ||||
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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 | -0.1% | ||||
| Net Profit Margin | -0.1% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of G S Oils Limited, buy the company report.
Board of directors of G S Oils Limited
G S Oils has 4 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sunil Kumar Saraf | Director | 12 Dec 2024 | 1 Years 11 Months | As last reported |
| Hari Prasad Bhararia | Director | 12 Dec 2024 | 1 Years 11 Months | As last reported |
| Piyush Bhararia Also directs: Sri Sai Industries LLP, Sri Gangadhara Steels Limited | Additional Director | 09 Jun 2025 | 1 Years 5 Months | As last reported |
| Manoj Kumar Agarwal Also directs: Makhariya Agro Tech Private Limited | Managing Director | 07 Nov 1997 | 29 Years 0 Months | As last reported |
Peer comparison
G S Oils Limited is compared with the 10 companies closest to it by revenue in the Food and Beverages industry (Edible Oils), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Khandelia Udyog Private Limited | ₹6.65 Cr (FY 2025) | 8.0% | Chandigarh, India | |||
| Siddhi Oils Limited | ₹6.56 Cr (FY 2025) | -19.0% | Ahmedabad, Gujarat, India | |||
| Mevada Oil Mill Private Limited | ₹6.5 Cr (FY 2025) | Dhrangadhra, Gujarat, India | ||||
| L D Solvex Private Limited | ₹6.47 Cr (FY 2025) | -64.0% | Punjab, India | |||
| Astral Tradelink Private Limited | ₹6.15 Cr (FY 2025) | -35.0% | Ahmedabad, Gujarat, India | |||
| G S Oils Limitedthis company | ₹6.08 Cr (FY 2025) | -₹37,702 | -0.1% | Adilabad, Telangana, India | ||
| Jainpur Agro Private Limited | ₹5.95 Cr (FY 2024) | 115.0% | Kanpur, Uttar Pradesh, India | |||
| S.L. Edible Oils Private Limited | ₹5.95 Cr (FY 2025) | -50.0% | Shahjahanpur, Uttar Pradesh, India | |||
| Behtreen Virgin Oil Mills Private Limited | ₹5.87 Cr (FY 2025) | 42.0% | New Delhi, Delhi, India | |||
| Immuno Natural Oils Private Limited | ₹5.74 Cr (FY 2025) | 14.0% | Mandsaur, Madhya Pradesh, India | |||
| World of Origins India Private Limited | ₹5.71 Cr (FY 2025) | 37.0% | Palakkad, Kerala, India |
To see the full peer comparison of G S Oils Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 11 Oct 2012 | 10387047 | State Bank of Mauritius Ltd | ₹19.8 Cr | Open | |
| 19 Dec 2008 | 10139132 | Kotak Mahindra Bank Limited | ₹1.94 Cr | Open | |
| 08 Sep 2008 | 10122374 | Kotak Mahindra Bank Limited | ₹53.5 Lakh | Open | |
| 20 Jul 2007 | 10064096 | Sbi Factors and Commercial Services Private Limited | ₹15 Cr | Open | |
| 28 Jun 2001 | 90124588 | State Bank of Hyderabad. | ₹1.5 Cr | Open |
To see the full charge records of G S Oils Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
G S Oils Limited has 161 court cases on record: 46 filed by G S Oils, 115 filed against it. 28 cases are pending and 133 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 105 | 86 | 21 |
| High courts | 44 | 17 | 6 |
| NCLT | 11 | 11 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 161)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Hyderabad | Insolvency matter | Filed against the company by Jai Corp Limited | Disposed |
| District court, Yavatmal, Maharashtra | Court case (Cri.Rev.App.) | Filed by the company against Idbi Bank Ltd. | Disposed |
| District court, Adilabad, Telangana | Appeal | Filed against the company | Pending |
| District court, Nagpur, Maharashtra | Court case (Spl.Case) | Filed against the company | Pending |
| High Court, MAHARASHTRA | Court case (APL) | Filed against the company by an individual | Pending |
To see the full case history of G S Oils 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 Oils Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
G S Oils has 4 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of G S Oils Limited, buy the company report.
Recent activity
G S Oils Limited has 17 board changes on record since 1997: 4 appointments and 13 cessations. The latest: Murali Gonugunta ceased to be Irp/Rp/Liquidator on 02 Aug 2025.
20 earlier events are in the company report.
Frequently asked questions
G S Oils is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
G S Oils is a company under liquidation, formerly operating as a public limited company based in Adilabad, Telangana, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 07 November 1997 and is registered under CIN U15143TG1997PLC028321. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
G S Oils has 4 current directors:
- Manoj Kumar Agarwal - Managing Director
- Sunil Kumar Saraf - Director
- Hari Prasad Bhararia - Director
- Piyush Bhararia - Additional Director
The latest financial statements of G S Oils on record with the MCA are for the year ended 31 March 2013. Its last annual general meeting was held on 22 August 2013. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of G S Oils is U15143TG1997PLC028321. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
G S Oils has open charges of ₹351.02 Cr and no satisfied charges on record as per latest MCA filings.
G S Oils has 161 court cases on record: 46 filed by the company and 115 filed against it. 28 are pending. Most are in the district courts.
G S Oils was incorporated on 07 November 1997. It is registered with the Registrar of Companies, Hyderabad.
The peers of G S Oils by revenue are Khandelia Udyog Private Limited, Siddhi Oils Limited, Mevada Oil Mill Private Limited, L D Solvex Private Limited, Astral Tradelink Private Limited and 5 more, all in the Food and Beverages industry (Edible Oils).
Murali Gonugunta ceased to be Irp/Rp/Liquidator on 02 Aug 2025. Dhananiwala Adit Kumar ceased to be Director on 09 Jun 2025. Piyush Bhararia was appointed as Additional Director on 09 Jun 2025. G S Oils has 17 board changes on record in total.
The registered office of G S Oils is at H No. 4 – 5 – 3 Station Road Adilabad Andhra Pradesh, Telangana, India – 504001.
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