About Gajanan Industries Limited
Data last updated:
Gajanan Industries Limited is a public limited company based in Mumbai, Maharashtra, 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 01 November 2007.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U01403MH2007PLC175584. The company has 6 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹5.69 Cr. It was formerly known as Shri Gajanan Oil and Agro Products Industries Private Limited and Gajanan Industries Private Limited. It is led by directors including Nitin Ramchandra Jadhav (Managing Director) and Amol Ramchandra Jadhav.
Its last annual general meeting (AGM) was held on 29 September 2017, and its latest financial statements are for the year ended 31 March 2017. The registered office is at 902 Hubtown Viva Western Express Highway Jogeshwari (E), Mumbai, Maharashtra, India – 400060.
As per the financials filed for FY 2017, the company reported a revenue of ₹251.8 Cr, a growth of 61% compared to the previous year. For the same year it recorded a net profit of ₹2.08 Cr (net margin 0.8%) and EBITDA of ₹8.11 Cr (EBITDA margin 3.2%).
The company has about 21 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹137.9 Cr and satisfied charges of ₹48.93 Cr on record. Court records list 50 cases involving the company, including 3 filed by the company and 47 filed against it; 19 cases are pending.
The last known website on record is gilliquidation.com.
Company details
Name history
Gajanan Industries has undergone 2 name changes throughout its history. The company was previously known as Shri Gajanan Oil And Agro Products Industries Private Limited, and Gajanan Industries Private Limited. The current legal name is Gajanan Industries Limited.
| Company Name | Status |
|---|---|
| Gajanan Industries Limited | Current |
| Shri Gajanan Oil And Agro Products Industries Private Limited | Previous |
| Gajanan Industries Private Limited | Previous |
CIN history
Gajanan Industries has one previous CIN (Corporate Identification Number): U01403MH2007PTC175584. The current CIN is U01403MH2007PLC175584, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U01403MH2007PLC175584 | Current |
| U01403MH2007PTC175584 | Previous |
Contact details
Gajanan Industries Limited's registered office is in Mumbai, Maharashtra. Its website is gilliquidation.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address902 Hubtown Viva Western Express Highway Jogeshwari (E), Mumbai, Maharashtra, India – 400060
- IndustryFood and Beverages, Edible Oils & Cooking Fats
To see the full contact details of Gajanan Industries 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 Gajanan Industries is manufacturing. In detail, this covers food, beverages and tobacco products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C1 | Food, beverages and tobacco products |
To see the full business activity and turnover split of Gajanan Industries Limited, buy the company report.
Financials of Gajanan Industries Limited
FY 2017 filings availableGajanan Industries Limited reported revenue of ₹251.8 Cr (up 61% YoY) for FY 2017.
Compounded Annual Growth Rate (CAGR)
Revenue rose 61% in the latest year. EBITDA rose 57% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profit and Loss Statement | |||
| Revenue from Operations | ₹251.8 Cr | ||
| Other Income | |||
| Total Revenue | |||
| Cost of Materials Consumed | |||
| Employee Benefit Expense | |||
| Finance Costs | |||
| Depreciation and Amortisation | |||
| Other Expenses | |||
| Total Expenses | |||
| EBITDA | ₹8.11 Cr | ||
| Profit Before Tax | |||
| Tax Expense | |||
| Net Profit (PAT) | ₹2.08 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 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|
| Profitability | |||
| EBITDA Margin | 3.2% | ||
| Net Profit Margin | 0.8% | ||
| 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 Gajanan Industries Limited, buy the company report.
Board of directors of Gajanan Industries Limited
Gajanan Industries has 3 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amol Ramchandra Jadhav | Director | 25 Apr 2011 | 15 Years 5 Months | As last reported |
| Nitin Ramchandra Jadhav Also directs: Neo Econcepts India LLP, Nirvedh Oil and Agro Products Private Limited, Sahayog Enterprises Private Limited and 1 more | Managing Director | 01 Nov 2007 | 18 Years 11 Months | As last reported |
| Bhavrao Ramkrushna Gore Also directs: Nirvedh Oil and Agro Products Private Limited | Additional Director | 31 Jan 2019 | 7 Years 8 Months | As last reported |
Peer comparison
Gajanan Industries Limited is compared with the 5 companies closest to it by revenue in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Agarwal Industries Pvt Ltd | ₹292.66 Cr (FY 2025) | 72.0% | Telangana, India | |||
| S V M A Agro Products Limited | ₹290.18 Cr (FY 2025) | -19.0% | Dindigul, Tamil Nadu, India | |||
| Malook Chand Foods Private Limited | ₹289.92 Cr (FY 2025) | 11.0% | Bhubaneshwar, Odisha, India | |||
| MSR Parivar Private Limited | ₹289.49 Cr (FY 2025) | 50.0% | Sri Ganganagar, Rajasthan, India | |||
| Avadh Solvex Private Limited | ₹286.82 Cr (FY 2025) | -11.0% | Bahraich, Uttar Pradesh, India | |||
| Gajanan Industries Limitedthis company | ₹251.8 Cr (FY 2017) | ₹2.08 Cr | 0.8% | 61.0% | 21 | Mumbai, Maharashtra, India |
To see the full peer comparison of Gajanan Industries Limited, buy the company report.
Auditor
Gajanan Industries Limited is audited by S M BANGAD & CO for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S M BANGAD & CO | FY 2017 | 100974W |
Shareholding
The shareholding of Gajanan Industries Limited is on record for 2 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of Gajanan Industries Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Nov 2016 | 100073510 | Others | ₹10.9 Cr | Open | |
| 09 Nov 2011 | 10319738 | State Bank of India | ₹90 Cr | Open | |
| 24 Aug 2011 | 10351444 | State Bank of India | ₹37 Cr | Open | |
| 05 Jul 2018 | 100224329 | Others | ₹11.35 Cr | Satisfied | |
| 18 Aug 2011 | 10351445 | State Bank of India | ₹15.8 Cr | Satisfied |
To see the full charge records of Gajanan Industries Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Gajanan Industries Limited has 50 court cases on record: 3 filed by Gajanan Industries, 47 filed against it. 19 cases are pending and 31 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 42 | 39 | 19 |
| High courts | 6 | 6 | 0 |
| NCLT | 2 | 2 | 0 |
Cases on record (5 of 50)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Pune, Maharashtra | Execution petition | Filed against the company by Edelweiss Retail Finance Ltd. Through Rehman Fayaz Khan | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by SMFG India Credit Company Limited | Pending |
| District court, Chennai, Tamil Nadu | Court case (PC) | Filed against the company by Cholamandalam Investment and Finance Co Ltd Rep by Its Power of Attorney Mr D Vimalan | Pending |
| District court, Ahmedabad, Gujarat | Court case (CR EN) | Filed against the company by Aditya Birla Finance Ltd Through Authorized Person Geetaben Sandipsinh Charan | Pending |
| District court, Buldhana, Maharashtra | Execution petition | Filed against the company by Magma Fincorp Limited Through Balwant Pundlik Kokane | Pending |
To see the full case history of Gajanan Industries 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.
Credit ratings & regulatory alerts
Gajanan Industries Limited was last rated by Icra on 13 Oct 2015.
| Rating agency | Rated on | Rating |
|---|---|---|
| Icra | 13 Oct 2015 |
To see the full credit ratings and regulatory alerts of Gajanan Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gajanan Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gajanan Industries Limited has a workforce of 21 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Gajanan Industries has 6 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 Gajanan Industries Limited, buy the company report.
Recent activity
Gajanan Industries Limited has 13 board changes on record since 2007: 3 appointments and 10 cessations. The latest: Bhavrao Ramkrushna Gore was appointed as Additional Director on 31 Jan 2019.
22 earlier events are in the company report.
Frequently asked questions
Gajanan Industries 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.
Gajanan Industries is a company under liquidation, formerly operating as a public limited company based in Mumbai, Maharashtra, India. The company works in edible oils and cooking fats, within the food and beverages industry. It was incorporated on 01 November 2007 and is registered under CIN U01403MH2007PLC175584. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Gajanan Industries has 3 current directors:
- Nitin Ramchandra Jadhav - Managing Director
- Amol Ramchandra Jadhav - Director
- Bhavrao Ramkrushna Gore - Additional Director
The latest financial statements of Gajanan Industries on record with the MCA are for the year ended 31 March 2017. Its last annual general meeting was held on 29 September 2017. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Gajanan Industries is U01403MH2007PLC175584. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gajanan Industries has open charges of ₹137.9 Cr and satisfied charges of ₹48.93 Cr as per latest MCA filings.
Gajanan Industries has 50 court cases on record: 3 filed by the company and 47 filed against it. 19 are pending. Most are in the district courts.
Gajanan Industries was incorporated on 01 November 2007. It is registered with the Registrar of Companies, Mumbai.
The peers of Gajanan Industries by revenue are Agarwal Industries Pvt Ltd, S V M A Agro Products Limited, Malook Chand Foods Private Limited, MSR Parivar Private Limited, Avadh Solvex Private Limited, all in the Food and Beverages industry (Edible Oils), with the same principal business activity (food, beverages and tobacco products).
Bhavrao Ramkrushna Gore was appointed as Additional Director on 31 Jan 2019. Nisha Nitin Jadhav ceased to be Director on 31 Jan 2019. Avinash Fakirchand Gore ceased to be Additional Director on 07 Dec 2018. Gajanan Industries has 13 board changes on record in total.
Gajanan Industries can be reached through the website gilliquidation.com. Its registered office is in Mumbai, Maharashtra, India.