About Gates India Private Limited
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Gates India Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Gates Corporation, Usa. It operates in the industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 29 September 1995 and has been in existence for over 31 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1995PTC072863. Its GSTIN is 03AAACA8125F1Z8 (Punjab). The company holds 13 GST registrations, of which 8 are active.
The company has an authorised share capital of ₹95 Cr and a paid-up capital of ₹52.74 Cr. It was formerly known as Anand Gates (India) Private Limited. It is led by directors including Rajesh Chamanlal Bhandari (Managing Director) and Manoj Kumar Saxena (Whole-Time Director).
Its last annual general meeting (AGM) was held on 13 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at C – 434 Defence Colony, New Delhi, Delhi, India – 110024.
As per the financials filed for FY 2025, the company reported a revenue of ₹641.72 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹71.64 Cr (net margin 11.2%) and EBITDA of ₹119.4 Cr (EBITDA margin 18.6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 11% over five years.
The company has about 526 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Gates. As per MCA filings, the company has open charges of ₹3.54 Lakh and satisfied charges of ₹59.8 Cr on record. Court records list 68 cases involving the company, including 36 filed by the company and 32 filed against it; 17 cases are pending. The company has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹37.95 Cr; the latest was in March 2018. Its 8 peer companies in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 5 larger and 3 smaller; the largest is J.K. Fenner (India) Limited with revenue of ₹1,554.92 Cr. The company has 26 MSME Form 1 returns on record between 2015 and 2024, listing 4,086 overdue payments to 167 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gates.com.
Company details
Contact details
Gates India Private Limited's registered office is in New Delhi, Delhi. Its website is gates.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressC – 434 Defence Colony, New Delhi, Delhi, India – 110024
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Gates India 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 activities of Gates India are manufacturing and trade. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products and wholesale trading. 2 activity segments are registered with the MCA.
| 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 | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Gates India Private Limited, buy the company report.
Financials of Gates India Private Limited
FY 2024 filings availableGates India Private Limited reported revenue of ₹641.72 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 11% over five years, including 2% growth in the latest year. EBITDA fell 20% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Total Expenses | |||||
| EBITDA | ₹119.4 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹71.64 Cr | ||||
| Balance Sheet | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.6% | ||||
| Net Profit Margin | 11.2% | ||||
| Return on Equity (ROE) | |||||
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To see the full financial statements and ratios of Gates India Private Limited, buy the company report.
Board of directors of Gates India Private Limited
Gates India has 4 current directors and 21 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rajesh Chamanlal Bhandari Also directs: Gates Unitta India Company Private Limited | Managing Director | 29 Aug 2012 | 14 Years 1 Months | Current |
| Manoj Kumar Saxena Also directs: Gates Unitta India Company Private Limited | Whole-Time Director | 29 Aug 2012 | 14 Years 1 Months | Current |
| Chong Yew Low Also directs: Gates Unitta India Company Private Limited | Director | 19 Sep 2022 | 4 Years 1 Months | Current |
| Sandeep Taneja Also directs: Gates Unitta India Company Private Limited | Whole-Time Director | 01 Dec 2025 | 0 Years 10 Months | Current |
Peer comparison
Gates India Private Limited is compared with the 8 companies closest to it by revenue in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| J.K. Fenner (India) Limited | ₹1,554.92 Cr (FY 2025) | 15.0% | Madurai, Tamil Nadu, India | |||
| Alp Overseas Private Limited | ₹949.38 Cr (FY 2025) | 11.0% | New Delhi, Delhi, India | |||
| Datwyler Pharma Packaging India Private Limited | ₹884.78 Cr (FY 2025) | 14.0% | Satara, Maharashtra, India | |||
| Oriental Rubber Industries Private Limited | ₹846.18 Cr (FY 2025) | -11.0% | Pune, Maharashtra, India | |||
| Garware Fulflex India Private Limited | ₹783.24 Cr (FY 2025) | 22.0% | Mumbai, Maharashtra, India | |||
| Gates India Private Limitedthis company | ₹641.72 Cr (FY 2025) | ₹71.64 Cr | 11.2% | 2.0% | 526 | New Delhi, Delhi, India |
| Rubfila International Ltd | ₹556.54 Cr (FY 2025) | 17.0% | Palakkad, Kerala, India | |||
| GRP Limited | ₹551.81 Cr (FY 2025) | 19.0% | Ankleshwar, Gujarat, India | |||
| Tinna Rubber and Infrastructure Limited | ₹509.83 Cr (FY 2025) | 40.0% | New Delhi, Delhi, India |
To see the full peer comparison of Gates India Private Limited, buy the company report.
Auditor
Gates India Private Limited is audited by Walker Chandiok & Co. LLP for the financial year 2024.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Walker Chandiok & Co. LLP | FY 2024 | 001076N/N500013 |
Shareholding
The shareholding of Gates India 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 Gates India Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 25 Sep 2024 | 100985449 | Hdfc Bank Limited | ₹3.04 Lakh | Open | |
| 20 Jan 2023 | 100678196 | Hdfc Bank Limited | ₹50,000 | Open | |
| 28 Feb 2001 | 90043030 | A.B.N. Amro Bank N.V. | ₹- | Satisfied | |
| 28 Feb 2001 | 80009804 | Abn Amro Bank N V | ₹12 Cr | Satisfied | |
| 01 Sep 2000 | 80009806 | Abn Amro Bank N V | ₹20 Cr | Satisfied |
To see the full charge records of Gates India Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
Gates India Private Limited has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹37.95 Cr; the latest was in March 2018.
Deals on record (1 of 2)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2018 | Secondary share transfer | Undisclosed | Seller: The Gates Corporation |
To see the full deal history of Gates India Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gates India Private Limited has 68 court cases on record: 36 filed by Gates India, 32 filed against it. 17 cases are pending and 51 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 48 | 14 | 10 |
| NCLAT | 15 | 15 | 6 |
| High courts | 3 | 2 | 1 |
| Supreme Court | 1 | 1 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 68)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Ifgl Refractories Limited | Disposed |
| NCLAT, Chairperson Court | Tribunal matter | Filed against the company by Ifgl Refractories Limited | Disposed |
| NCLT, Kolkata | Insolvency matter | Filed by the company against Lindsay International Private Limited | Disposed |
| District court, SAS Nagar, Punjab | Execution petition | Filed by the company against M/S Taurus Flexibles Pvt Ltd | Disposed |
| District court, New Delhi, Delhi | Civil suit | Filed by the company against Hindustan Construction Company Ltd | Disposed |
To see the full case history of Gates India 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
Gates India Private Limited has 26 MSME Form 1 returns on record between 2015 and 2024, listing 4,086 overdue payments to 167 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 167)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier | |||
| Analytix Mantra Private Limited | |||
| KRG Marketing Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Gates India Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Gates India Private Limited has a workforce of 526 employees on its EPFO records as of Feb 11, 2025, across 1 active EPFO establishment.
GST
Gates India has 13 GST registrations: 8 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACA8125F1Z8 | Punjab | Active | 01 Jul 2017 |
| 06AAACA8125F1Z2 | Haryana | Active | 01 Jul 2017 |
| 27AAACA8125F1ZY | Maharashtra | Active | 01 Jul 2017 |
| 29AAACA8125F1ZU | Karnataka | Active | 17 Oct 2017 |
To see the full GST registrations and return filing status of Gates India Private Limited, buy the company report.
Recent activity
Gates India Private Limited has 24 board changes on record since 2007: 4 appointments and 20 cessations. The latest: Manoj Kumar Saxena ceased to be Whole-Time Director on 02 Dec 2025.
31 earlier events are in the company report.
News
Frequently asked questions
Gates India is an active private limited company based in New Delhi, Delhi, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 29 September 1995 (31+ years old) and is registered under CIN U74899DL1995PTC072863.
Gates India has 4 current directors:
- Rajesh Chamanlal Bhandari - Managing Director
- Manoj Kumar Saxena - Whole-Time Director
- Sandeep Taneja - Whole-Time Director
- Chong Yew Low - Director
The latest financial statements of Gates India on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 13 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Gates India is 03AAACA8125F1Z8, registered in Punjab. The company has 13 GST registrations in all, of which 8 are active and 5 are cancelled or inactive. Other active GSTINs include 06AAACA8125F1Z2 (Haryana), 27AAACA8125F1ZY (Maharashtra), 29AAACA8125F1ZU (Karnataka).
The CIN (Corporate Identification Number) of Gates India is U74899DL1995PTC072863. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gates India has 68 court cases on record: 36 filed by the company and 32 filed against it. 17 are pending. Most are in the district courts.
Gates India was incorporated on 29 September 1995, making it 31+ years old. It is registered with the Registrar of Companies, Delhi.
Gates India has 2 deals on record (1 funding round, 1 secondary share transfer), with disclosed funding of ₹37.95 Cr; the latest was in March 2018.
The peers of Gates India by revenue are J.K. Fenner (India) Limited, Alp Overseas Private Limited, Datwyler Pharma Packaging India Private Limited, Oriental Rubber Industries Private Limited, Garware Fulflex India Private Limited and 3 more, all in the Manufacturing industry (Rubber Based Products), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).
Manoj Kumar Saxena ceased to be Whole-Time Director on 02 Dec 2025. Sandeep Taneja was appointed as Whole-Time Director on 01 Dec 2025. Sandeep Taneja ceased to be Additional Director on 01 Dec 2025. Gates India has 24 board changes on record in total.
Gates India has 26 MSME Form 1 returns on record between 2015 and 2024, listing 4,086 overdue payments to 167 micro and small suppliers. The latest return was filed on 27 Apr 2024.
Gates India can be reached through the website gates.com. Its registered office is in New Delhi, Delhi, India.