Gagan Resources Pvt Ltd
About Gagan Resources Pvt Ltd
Data last updated:
Gagan Resources Pvt Ltd is a private limited company based in Raipur, Chhattisgarh, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 11 April 1991 and has been in existence for over 35 years.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U51909CT1991PTC001159. Its GSTIN is 22AABCG2628J1ZW (Chhattisgarh). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.61 Cr. It is led by directors Renu Agrawal and Anilkumar Madanlal Agrawal.
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 Govind Kunj Near Krishna Talkies Ramnath Bhumsen Marg Samta Colony, Raipur, Chhattisgarh, India – 492001.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.16 Cr, a growth of 104% compared to the previous year. For the same year it recorded a net profit of ₹45.77 Lakh (net margin 39.5%) and EBITDA of ₹80.21 Lakh (EBITDA margin 69.2%). Revenue has declined at a compounded annual rate (CAGR) of 52% over three years and 49% over five years.
The company has about 7 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹48 Cr and satisfied charges of ₹54.54 Cr on record. Court records list 13 cases involving the company, including 7 filed by the company and 5 filed against it; 2 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
- EmailLocked
- TelephoneLocked
- WebsiteLocked
- Social MediaLocked
- Registered AddressGovind Kunj Near Krishna Talkies Ramnath Bhumsen Marg Samta Colony, Raipur, Chhattisgarh, India – 492001
- IndustryMetals and Minerals, Steel Manufacturing & Processing
- 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 Gagan Resources Pvt Ltd
The main business activity of Gagan Resources is manufacturing. In detail, this covers metal and metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal 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 Gagan Resources Pvt Ltd FY 2023 filings available
Gagan Resources Pvt Ltd reported revenue of ₹1.16 Cr (up 104% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR) of Gagan Resources Pvt Ltd
Revenue rose 104% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 49%. 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 Gagan Resources Pvt Ltd
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹1.16 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹80.21 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹45.77 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 of Gagan Resources Pvt Ltd
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 69.2% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 39.5% | •••• | •••• | •••• | •••• |
| 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 Gagan Resources 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 Gagan Resources Pvt Ltd
Gagan Resources Pvt Ltd is compared with the companies closest to it by revenue in the Metals and Minerals industry (Steel). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vikas Metaliks and Energy Limited | ₹1.17 Cr (FY 2021) | •••• | •••• | -40.0% | •••• | Raipur, Chhattisgarh, India |
| Mauli Auto Motley Private Limited | ₹1.17 Cr (FY 2022) | •••• | •••• | -61.0% | •••• | Solapur, Maharashtra, India |
| Shree Simandhar Steel Private Limited | ₹1.16 Cr (FY 2025) | •••• | •••• | 8649.0% | •••• | Gandhidham, Gujarat, India |
| MNK Steel Private Limited | ₹1.16 Cr (FY 2021) | •••• | •••• | -37.0% | •••• | Mumbai, Maharashtra, India |
| Udbhav Metal Systems Manufacturing Private Limited | ₹1.16 Cr (FY 2022) | •••• | •••• | 21.0% | •••• | Vijayawada, Andhra Pradesh, India |
| Gagan Resources Pvt Ltd this company | ₹1.16 Cr (FY 2022) | •••• | •••• | 104.0% | •••• | Raipur, Chhattisgarh, India |
| Shree Sanyeeji Ispat Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | 2551.0% | •••• | Guwahati, Assam, India |
| Mema Steel Rerollers Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Chennai, Tamil Nadu, India |
| Valbruna Stainless & Nickel Alloys India Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | -30.0% | •••• | Mumbai, Maharashtra, India |
| Divyankur Industries Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | 179.0% | •••• | Navi Mumbai, Maharashtra, India |
| Cadetus Steel Detailing Private Limited | ₹1.15 Cr (FY 2025) | •••• | •••• | 554.0% | •••• | Atmakur, Telangana, India |
Peers are the five companies nearest above and the five nearest below Gagan Resources by revenue in the Metals and Minerals industry (Steel), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Gagan Resources Pvt Ltd
Gagan Resources Pvt Ltd is audited by ANKIT SETHIYA&CO for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANKIT SETHIYA&CO | 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 Gagan Resources Pvt Ltd
Gagan Resources has 2 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Renu Agrawal Also directs: D.R. Strips Private Limited, Agrawal Structure Mills Private Limited, Aara Properties (OPC) Private Limited and 1 more | Director | 10 Jun 2017 | 9 Years 4 Months | Current |
| Anilkumar Madanlal Agrawal Also directs: D.R. Strips Private Limited, Agrawal Structure Mills Private Limited, Asmpl Buildcon Private Limited and 2 more | Director | 10 Jun 2017 | 9 Years 4 Months | Current |
Ownership and Shareholding of Gagan Resources Pvt Ltd
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 Gagan Resources Pvt Ltd
| Date | Lender | Amount | Status |
|---|---|---|---|
| 09 May 2019 | Others | ₹48 Cr | Open |
| 17 Feb 2023 | Others | ₹30 Cr | Satisfied |
| 04 Sep 2012 | Uco Bank | ₹8.07 Cr | Satisfied |
| 05 Dec 2007 | Uco Bank | ₹11 Cr | Satisfied |
| 22 Nov 2004 | United Bank of India | ₹5.47 Cr | Satisfied |
Total charge records: 5 View all charges
Legal Cases of Gagan Resources Pvt Ltd
Gagan Resources Pvt Ltd has 13 court cases on record: 7 filed by Gagan Resources, 5 filed against it, 1 where it is another party. 2 cases are pending and 11 are disposed. Status as checked between 30 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 2 | 0 |
| District courts | 6 | 3 | 2 |
Cases on record (5 of 13)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Raipur, Chhattisgarh | Civil suit | Filed by the company against Ratusariya Industries Private Ltd | Pending |
| District court, Raipur, Chhattisgarh | Court case (COMPLAINT CASES) | Filed by the company against an individual | Pending |
| High Court of Chhattisgarh | Writ petition | Company is another party | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by an individual | Disposed |
| District court, Raipur, Chhattisgarh | Execution petition | Filed against the company by an individual | Disposed |
Full case history
All 13 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Gagan Resources Pvt Ltd
Gagan Resources Pvt Ltd has a workforce of 7 employees as of Apr 05, 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.
CIN History of Gagan Resources Pvt Ltd
Gagan Resources has one previous CIN (Corporate Identification Number): U51909WB1991PTC051400. The current CIN is U51909CT1991PTC001159, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U51909CT1991PTC001159 | Current |
| U51909WB1991PTC051400 | Previous |
Recent Activity on Gagan Resources Pvt Ltd
Gagan Resources Pvt Ltd has 17 board changes on record since 2012: 2 appointments and 15 cessations. The latest: Umer Dhebar ceased to be Director on 29 Aug 2022.
19 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Gagan Resources Pvt Ltd
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 Gagan Resources Pvt Ltd
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 Gagan Resources Pvt Ltd
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 Gagan Resources Pvt Ltd
Gagan Resources has 2 GST registrations: 1 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AABCG2628J1ZW | Chhattisgarh | 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 Gagan Resources Pvt Ltd
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 Gagan Resources Pvt Ltd
Gagan Resources is an active private limited company based in Raipur, Chhattisgarh, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 11 April 1991 (35+ years old) and is registered under CIN U51909CT1991PTC001159.
Gagan Resources reported revenue of ₹1.16 Cr for FY 2022 (up 104% YoY).
Gagan Resources has 2 current directors:
- Renu Agrawal - Director
- Anilkumar Madanlal Agrawal - Director
Gagan Resources reported a net profit of ₹45.77 Lakh (net margin 39.5%) and EBITDA of ₹80.21 Lakh (EBITDA margin 69.2%) for FY 2022, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gagan Resources is -52% over three years and -49% over five years. In the latest year (FY 2022) revenue rose 104%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gagan Resources is 22AABCG2628J1ZW, registered in Chhattisgarh. 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 Gagan Resources is U51909CT1991PTC001159. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gagan Resources has 13 court cases on record: 7 filed by the company and 5 filed against it. 2 are pending. Most are in the high courts.
Gagan Resources was incorporated on 11 April 1991, making it 35+ years old. It is registered with the Registrar of Companies, Chhattisgarh.
The peers of Gagan Resources by revenue are Vikas Metaliks and Energy Limited, Mauli Auto Motley Private Limited, Shree Simandhar Steel Private Limited, MNK Steel Private Limited, Udbhav Metal Systems Manufacturing Private Limited and 5 more, all in the Metals and Minerals industry (Steel).
Umer Dhebar ceased to be Director on 29 Aug 2022. Kangkon Biswas ceased to be Additional Director on 11 Jun 2017. Vijay Kumar Tripathi ceased to be Additional Director on 11 Jun 2017. Gagan Resources has 17 board changes on record in total.