MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-17-0075260
Gagan Syntex Private Limited
Gagan Syntex Private Limited - manufacturing in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹1.88 Cr
▼ 70% YoY
Net profit · FY 2024
₹5.5 Lakh
Net margin 2.9%
EBITDA · FY 2024
₹36.6 Lakh
EBITDA margin 19.5%
Authorised capital
₹6 Lakh
Registered with MCA
Paid-up capital
₹6 Lakh
Issued & subscribed
Company age
29 yrs
Est. 1997
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered
About Gagan Syntex Private Limited
Data last updated:
Gagan Syntex Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 05 August 1997 and has been in existence for over 29 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U36941GJ1997PTC032784. Its GSTIN is 27AABCG2901L1ZQ (Maharashtra).
The company has an authorised share capital of ₹6 Lakh and a paid-up capital of ₹6 Lakh. It is led by directors Jaspal Gurucharan Singh and Punveer Singh Dang.
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 A/2/10 Shaili Towers Opp Ketav Petrol Pump Ambawadi, Ahmedabad, Gujarat, India – 380015.
As per the financials filed for FY 2024, the company reported a revenue of ₹1.88 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net profit of ₹5.5 Lakh (net margin 2.9%) and EBITDA of ₹36.6 Lakh (EBITDA margin 19.5%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 13% over five years.
Court records list 2 cases involving the company, including 2 filed against it.
Gagan Syntex Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-17-0075260). The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
CIN U36941GJ1997PTC032784
Registration Number 032784
Incorporation Date 05 August 1997
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Compliance Status Active Non-Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-17-0075260
Recognitions & Rankings of Gagan Syntex
Contact details
Gagan Syntex Private Limited's registered office is in Ahmedabad, Gujarat. Its e-mail address is in the company report.
- Email
- Registered AddressA/2/10 Shaili Towers Opp Ketav Petrol Pump Ambawadi, Ahmedabad, Gujarat, India – 380015
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Gagan Syntex Private Limited, buy the company report.
Comprehensive company report
Gagan Syntex Private Limited - 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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Business activity
The main business activity of Gagan Syntex 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 Gagan Syntex Private Limited, buy the company report.
Financials of Gagan Syntex Private Limited
FY 2025 filings availableGagan Syntex Private Limited reported revenue of ₹1.88 Cr (down 70% YoY) for FY 2024.
Revenue · FY 2024
₹1.88 Cr ▼ 70%
Net profit · FY 2024
₹5.5 Lakh margin 2.9%
EBITDA · FY 2024
₹36.6 Lakh margin 19.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 70%
3 years · compounded
▲ 24%
5 years · compounded
▲ 13%
EBITDA CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 44%
5 years · compounded
▲ 63%
Revenue fell 70% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 13%. EBITDA fell 13% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
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| Total Expenses | |||||
| EBITDA | ₹36.6 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹5.5 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 19.5% | ||||
| Net Profit Margin | 2.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
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To see the full financial statements and ratios of Gagan Syntex Private Limited, buy the company report.
Board of directors of Gagan Syntex Private Limited
Gagan Syntex has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Punveer Singh Dang | Additional Director | 30 Aug 2017 | 9 Years 2 Months | Current |
| Jaspal Gurucharan Singh | Director | 01 Nov 2004 | 22 Years 0 Months | Current |
Peer comparison
Gagan Syntex Private Limited is compared with the 4 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Summer Rain Exports Private Limited | ₹1.88 Cr (FY 2024) | -1.0% | Karur, Tamil Nadu, India | |||
| Sree Balaji Denim Private Limited | ₹1.88 Cr (FY 2025) | -10.0% | Coimbatore, Tamil Nadu, India | |||
| Gagan Syntex Private Limitedthis company | ₹1.88 Cr (FY 2024) | ₹5.5 Lakh | 2.9% | -70.0% | Ahmedabad, Gujarat, India | |
| Kanhaiya Texfab Private Limited | ₹1.87 Cr (FY 2021) | -88.0% | Bhilwara, Rajasthan, India | |||
| Shree Brijeswari Textiles Private Limited | ₹1.87 Cr (FY 2025) | 19.0% | Uttar Pradesh, India |
To see the full peer comparison of Gagan Syntex Private Limited, buy the company report.
Auditor
Gagan Syntex Private Limited is audited by HEMANT H PARMAR & CO for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| HEMANT H PARMAR & CO | FY 2022 |
Shareholding
The shareholding of Gagan Syntex Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gagan Syntex Private Limited, buy the company report.
Legal cases
Gagan Syntex Private Limited has 2 court cases on record: 2 filed against it. All cases are disposed.
Total cases
2
Filed against the company
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 2 | 0 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Panipat, Haryana | Execution petition | Filed against the company by an individual | Disposed |
| District court, Panipat, Haryana | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Gagan Syntex Private 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 Gagan Syntex Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gagan Syntex has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCG2901L1ZQ | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gagan Syntex Private Limited, buy the company report.
Recent activity
Gagan Syntex Private Limited has 3 board changes on record since 2004: 2 appointments and 1 cessation. The latest: Dinesh Sankalchand Rana ceased to be Director on 28 Mar 2018.
AGM
Gagan Syntex Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Gagan Syntex Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Ceased
Dinesh Sankalchand Rana ceased to be Director.
Appointed
Punveer Singh Dang was appointed as Additional Director.
Appointed
Jaspal Gurucharan Singh was appointed as Director.
Incorporation
05 Aug 1997
Gagan Syntex Private Limited was registered on 05 Aug 1997 with Roc Ahmedabad & aged 29 years 3 months as per MCA records.
Frequently asked questions
Gagan Syntex is an active private limited company based in Ahmedabad, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 05 August 1997 (29+ years old) and is registered under CIN U36941GJ1997PTC032784.
Gagan Syntex has 2 current directors:
- Punveer Singh Dang - Additional Director
- Jaspal Gurucharan Singh - Director
The latest financial statements of Gagan Syntex 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 Gagan Syntex is 27AABCG2901L1ZQ, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gagan Syntex is U36941GJ1997PTC032784. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gagan Syntex has 2 court cases on record: 2 filed against it.
Gagan Syntex was incorporated on 05 August 1997, making it 29+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Gagan Syntex by revenue are Summer Rain Exports Private Limited, Sree Balaji Denim Private Limited, Kanhaiya Texfab Private Limited, Shree Brijeswari Textiles Private Limited, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Dinesh Sankalchand Rana ceased to be Director on 28 Mar 2018. Punveer Singh Dang was appointed as Additional Director on 30 Aug 2017. Jaspal Gurucharan Singh was appointed as Director on 01 Nov 2004.
Yes, Gagan Syntex is registered as a small enterprise under Udyam registration (number: UDYAM-MH-17-0075260).
The registered office of Gagan Syntex is at A210 Shaili Towers Opp Ketav Petrol Pump Ambawadi, Ahmedabad, Gujarat, India – 380015.
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