Gas Jeans Private Limited
About Gas Jeans Private Limited
Data last updated:
Gas Jeans Private Limited is a private limited company based in Thane, Maharashtra, India, a subsidiary of Grotto S.P.A.. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 21 January 2010 and has been in existence for over 16 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17294MH2010PTC199169. Its GSTIN is 27AADCG6602J1ZM (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹2 Cr. It is led by directors Claudio Grotto and Venkat Krishnan Mani.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Flat 605 A Wing Om Sai Home Temghar Kalyan Road Near Sai Baba Mandir Bhiwandi, Thane, Maharashtra, India – 421302.
As per the financials filed for FY 2022, the company reported a revenue of ₹53.43 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹48,006 (net margin -0.9%) and EBITDA of ₹1.83 Lakh (EBITDA margin 3.4%). Revenue has declined at a compounded annual rate (CAGR) of 55% over three years and 60% over five years.
Court records list 3 cases involving the company, including 3 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Gas Jeans Private Limited's registered office is in Thane, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressFlat 605 A Wing Om Sai Home Temghar Kalyan Road Near Sai Baba Mandir Bhiwandi, Thane, Maharashtra, India – 421302
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Gas Jeans 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
Financials of Gas Jeans Private Limited
FY 2022 filings availableGas Jeans Private Limited reported revenue of ₹53.43 Lakh (up 4820% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 60% over five years. EBITDA rose 102% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹53.43 Lakh | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹1.83 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹48,006 | ||||
| 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.4% | ||||
| Net Profit Margin | -0.9% | ||||
| 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 Gas Jeans Private Limited, buy the company report.
Board of directors of Gas Jeans Private Limited
Gas Jeans has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Claudio Grotto Also directs: Gas Lifestyles Private Limited | Director | 09 Sep 2010 | 16 Years 1 Months | Current |
| Venkat Krishnan Mani | Director | 27 Feb 2017 | 9 Years 8 Months | Current |
Peer comparison
Gas Jeans Private Limited is compared with the 7 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Bhumihar Traders Private Limited | ₹54.01 Lakh (FY 2016) | 14707.0% | New Delhi, Delhi, India | |||
| Yarntex Exports Limited | ₹53.73 Lakh (FY 2025) | -13.0% | Mumbai, Maharashtra, India | |||
| Betsy Merchandise Private Limited | ₹53.73 Lakh (FY 2025) | Mumbai, Maharashtra, India | ||||
| Styleart E-Commerce Private Limited | ₹53.45 Lakh (FY 2025) | -58.0% | New Delhi, Delhi, India | |||
| Gas Jeans Private Limitedthis company | ₹53.43 Lakh (FY 2022) | -₹48,006 | -0.9% | 4820.0% | Thane, Maharashtra, India | |
| Intersource Garments Private Limited | ₹53.42 Lakh (FY 2024) | -3.0% | Bharuch, Gujarat, India | |||
| Ramkrishan Infotec Private Limited | ₹53.14 Lakh (FY 2024) | 25.0% | Noida, Uttar Pradesh, India | |||
| Kunal Retail India Private Limited | ₹53.07 Lakh (FY 2025) | -21.0% | Kolkata, West Bengal, India |
To see the full peer comparison of Gas Jeans Private Limited, buy the company report.
Auditor
Gas Jeans Private Limited is audited by JKJS & Co LLP for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JKJS & Co LLP | FY 2022 | W100195 |
Shareholding
The shareholding of Gas Jeans Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gas Jeans Private Limited, buy the company report.
Legal cases
Gas Jeans Private Limited has 3 court cases on record: 3 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
| Supreme Court | 1 | 1 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (3 of 3)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by an individual | Disposed |
| Supreme Court | Court case | Filed against the company by an individual | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Ss cases s) | Filed against the company by an individual | Disposed |
To see the full case history of Gas Jeans 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 Gas Jeans Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gas Jeans has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AADCG6602J1ZM | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gas Jeans Private Limited, buy the company report.
Recent activity
Gas Jeans Private Limited has 9 board changes on record since 2010: 2 appointments and 7 cessations. The latest: Franco Marianelli ceased to be Director on 01 Mar 2019.
Frequently asked questions
Gas Jeans is an active private limited company based in Thane, Maharashtra, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 21 January 2010 (16+ years old) and is registered under CIN U17294MH2010PTC199169.
Gas Jeans has 2 current directors:
- Claudio Grotto - Director
- Venkat Krishnan Mani - Director
The latest financial statements of Gas Jeans on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The GSTIN of Gas Jeans is 27AADCG6602J1ZM, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gas Jeans is U17294MH2010PTC199169. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gas Jeans has 3 court cases on record: 3 filed against it. Most are in the district courts.
Gas Jeans was incorporated on 21 January 2010, making it 16+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Gas Jeans by revenue are Bhumihar Traders Private Limited, Yarntex Exports Limited, Betsy Merchandise Private Limited, Styleart E-Commerce Private Limited, Intersource Garments Private Limited and 2 more, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading).
Franco Marianelli ceased to be Director on 01 Mar 2019. Enrico Acciai ceased to be Director on 31 Oct 2018. Venkat Krishnan Mani was appointed as Director on 27 Feb 2017. Gas Jeans has 9 board changes on record in total.
The registered office of Gas Jeans is at Flat 605 A Wing Om Sai Home Temghar Kalyan Road Near Sai Baba Mandir Bhiwandi, Thane, Maharashtra, India – 421302.
Gas Jeans operates in the fashion and textile industry, in the fashion retail segment.