Gangotri Wire-Ropes Private Ltd
About Gangotri Wire-Ropes Private Ltd
Data last updated:
Gangotri Wire-Ropes Private Ltd is a private limited company based in Indore, Madhya Pradesh, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 17 July 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN U25202MP2006PTC018790. Its GSTIN is 23AACCG9342A1Z3 (Madhya Pradesh).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.62 Cr. It was formerly known as Limits Financial Solutions Private Limited. It is led by directors including Shiv Kumar Sharma and Antim Parakh.
Its last annual general meeting (AGM) was held on 23 March 2024, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 32/33 Industrial Area Rau, Indore, Madhya Pradesh, India – 453331.
As per the financials filed for FY 2022, the company reported a revenue of ₹1.32 Cr, a decline of 57% compared to the previous year. For the same year it recorded a net loss of ₹65.37 Lakh (net margin -49.6%) and EBITDA of -₹22.85 Lakh (EBITDA margin -17.4%). Revenue has declined at a compounded annual rate (CAGR) of 66% over three years and 41% over five years.
As per MCA filings, the company has open charges of ₹4.5 Cr and satisfied charges of ₹36 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Gangotri Wire-Ropes Private Ltd's registered office is in Indore, Madhya Pradesh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address32/33 Industrial Area Rau, Indore, Madhya Pradesh, India – 453331
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Gangotri Wire-Ropes Private Ltd, 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 Gangotri Wire-Ropes is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products |
To see the full business activity and turnover split of Gangotri Wire-Ropes Private Ltd, buy the company report.
Financials of Gangotri Wire-Ropes Private Ltd
FY 2022 filings availableGangotri Wire-Ropes Private Ltd reported revenue of ₹1.32 Cr (down 57% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 41% over five years, including a 57% fall in the latest year. EBITDA rose 5% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| EBITDA | -₹22.85 Lakh | ||||
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| Net Profit (PAT) | -₹65.37 Lakh | ||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
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| Profitability | |||||
| EBITDA Margin | -17.4% | ||||
| Net Profit Margin | -49.6% | ||||
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To see the full financial statements and ratios of Gangotri Wire-Ropes Private Ltd, buy the company report.
Board of directors of Gangotri Wire-Ropes Private Ltd
Gangotri Wire-Ropes has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shiv Kumar Sharma | Director | 12 Feb 2024 | 2 Years 8 Months | Current |
| Antim Parakh Also directs: Mahesh Ropes India Private Limited | Director | 01 May 2014 | 12 Years 5 Months | Current |
| Rajni Sharma Also directs: Builtit Synbags Private Limited | Director | 12 Feb 2024 | 2 Years 8 Months | Current |
| Anil Sharma Also directs: Builtit Synbags Private Limited | Director | 17 Jul 2006 | 20 Years 3 Months | Current |
Auditor
Gangotri Wire-Ropes Private Ltd is audited by C H PADLIYA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| C H PADLIYA & CO | FY 2021 | 003151C |
Shareholding
The shareholding of Gangotri Wire-Ropes Private Ltd 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 Gangotri Wire-Ropes Private Ltd, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Dec 2014 | 10538794 | Others | ₹4.5 Cr | Open | |
| 22 Mar 2007 | 10043332 | State Bank of Travancore | ₹36 Lakh | Satisfied |
To see the full charge records of Gangotri Wire-Ropes Private Ltd, buy the company report.
Total charge records: 2 View all charges
Legal cases
Gangotri Wire-Ropes Private Ltd has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Indore, Madhya Pradesh | Court case (MJC R) | Filed against the company by Indusind Bank Ltd. | Disposed |
To see the full case history of Gangotri Wire-Ropes Private Ltd, 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 Gangotri Wire-Ropes Private Ltd; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gangotri Wire-Ropes has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 23AACCG9342A1Z3 | Madhya Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gangotri Wire-Ropes Private Ltd, buy the company report.
Recent activity
Gangotri Wire-Ropes Private Ltd has 7 board changes on record since 2006: 4 appointments and 3 cessations. The latest: Sapna Parakh ceased to be Additional Director on 24 Feb 2024.
3 earlier events are in the company report.
Frequently asked questions
Gangotri Wire-Ropes is an active private limited company based in Indore, Madhya Pradesh, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 17 July 2006 (20+ years old) and is registered under CIN U25202MP2006PTC018790.
Gangotri Wire-Ropes has 4 current directors:
- Shiv Kumar Sharma - Director
- Antim Parakh - Director
- Rajni Sharma - Director
- Anil Sharma - Director
The latest financial statements of Gangotri Wire-Ropes on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 23 March 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Gangotri Wire-Ropes is 23AACCG9342A1Z3, registered in Madhya Pradesh.
The CIN (Corporate Identification Number) of Gangotri Wire-Ropes is U25202MP2006PTC018790. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gangotri Wire-Ropes has 1 court case on record: 1 filed against it.
Gangotri Wire-Ropes was incorporated on 17 July 2006, making it 20+ years old. It is registered with the Registrar of Companies, Gwalior.
Sapna Parakh ceased to be Additional Director on 24 Feb 2024. Rajni Sharma was appointed as Director on 12 Feb 2024. Shiv Kumar Sharma was appointed as Director on 12 Feb 2024. Gangotri Wire-Ropes has 7 board changes on record in total.
The registered office of Gangotri Wire-Ropes is at 3233 Industrial Area Rau, Indore, Madhya Pradesh, India – 453331.
Gangotri Wire-Ropes operates in the manufacturing industry, in the textile and fabric production segment.
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