Gannet Distributors Private Limited
About Gannet Distributors Private Limited
Data last updated:
Gannet Distributors Private Limited was a private limited company based in Howrah, West Bengal, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the retail trade segment of the trading and commerce sector. It was incorporated on 26 March 2010.
The company was registered with the Registrar of Companies (ROC), Kolkata, under CIN U52390WB2010PTC144451.
The company had an authorised share capital of ₹20 Lakh and a paid-up capital of ₹16 Lakh. It was led by directors Sujit Agarwal and Pankaj Agarwal.
Its last annual general meeting (AGM) was held on 31 July 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 1 – E 1st Floor Ashutosh Appartment 295/2 Gt Road, Howrah, West Bengal, India – 711327.
As per the financials filed for FY 2024, the company reported a revenue of ₹42,700. For the same year it recorded a net profit of ₹8,088 (net margin 18.9%) and EBITDA of ₹10,930 (EBITDA margin 25.6%). Revenue has grown at a compounded annual rate (CAGR) of 15% over three years.
As per MCA filings, the company has satisfied charges of ₹57.37 Cr on record.
Company details
Contact details
Gannet Distributors Private Limited's registered office is in Howrah, West Bengal. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 – E 1st Floor Ashutosh Appartment 295/2 Gt Road, Howrah, West Bengal, India – 711327
- IndustryTrading, Retailers, Retail Trading
To see the full contact details of Gannet Distributors Private 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 Gannet Distributors is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Gannet Distributors Private Limited, buy the company report.
Financials of Gannet Distributors Private Limited
FY 2024 filings availableGannet Distributors Private Limited reported revenue of ₹42,700 for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over three years. EBITDA rose 4% 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 | |||||
| Other Income | |||||
| Total Revenue | ₹42,700 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹10,930 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹8,088 | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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| Total Assets | |||||
Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 25.6% | ||||
| Net Profit Margin | 18.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Gannet Distributors Private Limited, buy the company report.
Board of directors of Gannet Distributors Private Limited
Gannet Distributors has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sujit Agarwal | Director | 10 Apr 2010 | 16 Years 6 Months | As last reported |
| Pankaj Agarwal Also directs: Gannet Distributors LLP, Elate Agro Products Private Limited, Elate Green Carbon Private Limited and 3 more | Director | 10 Oct 2019 | 7 Years 0 Months | As last reported |
Peer comparison
Gannet Distributors Private Limited is compared with the 10 companies closest to it by revenue in the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Snowbank Resorts Limited | ₹42,860 (FY 2024) | -23.0% | Kolkata, West Bengal, India | |||
| Mark Buildcon Private Limited | ₹42,860 (FY 2023) | New Delhi, Delhi, India | ||||
| Tamil Brands Marketing Private Limited | ₹42,838 (FY 2020) | Tiruchirappalli, Tamil Nadu, India | ||||
| Phenomenon Engineering Private Limited | ₹42,800 (FY 2022) | Pune, Maharashtra, India | ||||
| Prudential Design Works Private Limited | ₹42,759 (FY 2025) | 70.0% | Jorhat, Assam, India | |||
| Gannet Distributors Private Limitedthis company | ₹42,700 (FY 2024) | ₹8,088 | 18.9% | Howrah, West Bengal, India | ||
| Alzera International Private Limited | ₹42,700 (FY 2021) | Budaun, Uttar Pradesh, India | ||||
| Oft Autonetics India Private Limited | ₹42,700 (FY 2025) | 539.0% | Sonipat, Haryana, India | |||
| Midya Jewellery Private Limited | ₹42,605 (FY 2024) | Chennai, Tamil Nadu, India | ||||
| Snowbank Developer Limited | ₹42,600 (FY 2025) | -3.0% | Kolkata, West Bengal, India | |||
| Zupimars International Private Limited | ₹42,589 (FY 2024) | Haridwar, Uttarakhand, India |
To see the full peer comparison of Gannet Distributors Private Limited, buy the company report.
Auditor
Gannet Distributors Private Limited is audited by O.P. TULSYAN & CO. for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| O.P. TULSYAN & CO. | FY 2024 | 500028N |
Shareholding
The shareholding of Gannet Distributors Private Limited is on record for 5 financial years, the latest being FY 2024, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2024 | FY 2023 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gannet Distributors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 16 Mar 2013 | 10412578 | Union Bank of India | ₹57.37 Cr | Satisfied |
To see the full charge records of Gannet Distributors Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Gannet Distributors Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gannet Distributors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Gannet Distributors Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Gannet Distributors Private Limited has 5 board changes on record since 2010: 2 appointments and 3 cessations. The latest: Bipin Kumar Agrawal ceased to be Director on 12 Oct 2019.
Frequently asked questions
Gannet Distributors has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
Gannet Distributors was a private limited company based in Howrah, West Bengal, India. The company worked in retailers, within the trading industry. It was incorporated on 26 March 2010 and is registered under CIN U52390WB2010PTC144451. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of Gannet Distributors is U52390WB2010PTC144451. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gannet Distributors had 2 directors:
- Sujit Agarwal - Director
- Pankaj Agarwal - Director
Gannet Distributors was incorporated on 26 March 2010. It is registered with the Registrar of Companies, Kolkata.
The registered office of Gannet Distributors is at 1 – E 1st Floor Ashutosh Appartment 2952 Gt Road, Howrah, West Bengal, India – 711327.
The latest financial statements of Gannet Distributors on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 31 July 2024. Year-wise statements from 2015 are in the company report.
Gannet Distributors operated in the trading industry, in the retailers segment.
The peers of Gannet Distributors by revenue are Snowbank Resorts Limited, Mark Buildcon Private Limited, Tamil Brands Marketing Private Limited, Phenomenon Engineering Private Limited, Prudential Design Works Private Limited and 5 more, all in the same principal business activity (retail trading).
Bipin Kumar Agrawal ceased to be Director on 12 Oct 2019. Pankaj Agarwal was appointed as Director on 10 Oct 2019. Dinesh Singh ceased to be Director on 28 Apr 2010. Gannet Distributors has 5 board changes on record in total.
Gannet Distributors has no open charges and satisfied charges of ₹57.37 Cr as per latest MCA filings.