Gaurish Sales Private Limited
About Gaurish Sales Private Limited
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Gaurish Sales Private Limited is a private limited company based in Ludhiana, Punjab, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 24 September 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U51909PB2019PTC050046. Its GSTIN is 03AAHCD4409Q1ZG (Punjab).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹50 Lakh. It is led by directors Gaurish Gupta and Ayush Gupta.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Ludhiana, Punjab.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.31 Cr, a decline of 10% compared to the previous year. For the same year it recorded a net profit of ₹1.46 Lakh (net margin 0.1%) and EBITDA of ₹2.72 Lakh (EBITDA margin 0.2%). Revenue has grown at a compounded annual rate (CAGR) of 25% over three years.
As per MCA filings, the company has open charges of ₹1.6 Cr and satisfied charges of ₹2.7 Cr on record. Court records list 1 case involving the company, including 1 filed by the company.
Company details
Contact details
Gaurish Sales Private Limited's registered office is in Ludhiana, Punjab. Its e-mail address is in the company report.
- Email
- Registered AddressB 15 – 94 Industrial Estate Gaurish Tower, G.T Road Miller Ganj, Ludhiana, Punjab, India – 141003
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Gaurish Sales 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 Gaurish Sales is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Gaurish Sales Private Limited, buy the company report.
Financials of Gaurish Sales Private Limited
FY 2024 filings availableGaurish Sales Private Limited reported revenue of ₹17.31 Cr (down 10% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue fell 10% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 25%. EBITDA fell 43% 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 |
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| EBITDA | ₹2.72 Lakh | ||||
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| Net Profit (PAT) | ₹1.46 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | 0.2% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Gaurish Sales Private Limited, buy the company report.
Board of directors of Gaurish Sales Private Limited
Gaurish Sales has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gaurish Gupta | Director | 13 Jul 2022 | 4 Years 3 Months | Current |
| Ayush Gupta | Director | 19 Mar 2025 | 1 Years 7 Months | Current |
Peer comparison
Gaurish Sales Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances 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 |
|---|---|---|---|---|---|---|
| Neotel Communications Private Limited | ₹17.43 Cr (FY 2023) | 415.0% | Bangalore, Karnataka, India | |||
| Matri Shree Powertronics Private Limited | ₹17.39 Cr (FY 2024) | -8.0% | Varanasi, Uttar Pradesh, India | |||
| Gaurish Sales Private Limitedthis company | ₹17.31 Cr (FY 2024) | ₹1.46 Lakh | 0.1% | -10.0% | Ludhiana, Punjab, India | |
| Emporio Select Sourcing Private Limited | ₹17.29 Cr (FY 2018) | 25.0% | Gurgaon, Haryana, India |
To see the full peer comparison of Gaurish Sales Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2019 | 100315612 | Axis Bank Limited | ₹1.6 Cr | Satisfied | |
| 10 Oct 2019 | 100303527 | Hdfc Bank Limited | ₹1.1 Cr | Satisfied |
To see the full charge records of Gaurish Sales Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Gaurish Sales Private Limited has 1 court case on record: 1 filed by Gaurish Sales. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 0 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed by the company against M/S Av Mobile Gallery | Disposed |
To see the full case history of Gaurish Sales 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 Gaurish Sales Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gaurish Sales has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAHCD4409Q1ZG | Punjab | Active | 15 Oct 2019 |
To see the full GST registrations and return filing status of Gaurish Sales Private Limited, buy the company report.
Recent activity
Gaurish Sales Private Limited has 9 board changes on record since 2022: 3 appointments and 6 cessations. The latest: Anshu Jain ceased to be Director on 28 Mar 2025.
4 earlier events are in the company report.
Frequently asked questions
Gaurish Sales is an active private limited company based in Ludhiana, Punjab, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 24 September 2019 (7+ years old) and is registered under CIN U51909PB2019PTC050046.
Gaurish Sales has 2 current directors:
- Gaurish Gupta - Director
- Ayush Gupta - Director
The latest financial statements of Gaurish Sales on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Gaurish Sales is 03AAHCD4409Q1ZG, registered in Punjab.
The CIN (Corporate Identification Number) of Gaurish Sales is U51909PB2019PTC050046. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gaurish Sales has 1 court case on record: 1 filed by the company.
Gaurish Sales was incorporated on 24 September 2019, making it 7+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Gaurish Sales by revenue are Neotel Communications Private Limited, Matri Shree Powertronics Private Limited, Emporio Select Sourcing Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Anshu Jain ceased to be Director on 28 Mar 2025. Ayush Gupta was appointed as Director on 19 Mar 2025. Gaurish Gupta ceased to be Additional Director on 30 Sep 2022. Gaurish Sales has 9 board changes on record in total.
The registered office of Gaurish Sales is at B 15 – 94 Industrial Estate Gaurish Tower, G.T Road Miller Ganj, Ludhiana, Punjab, India – 141003.
Gaurish Sales operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.
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