About Gci Network Private Limited
Data last updated:
Gci Network Private Limited was a private limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Swych Inc.. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the paper, laminated and corrugated packaging segment of the packaging sector. It was incorporated on 25 April 2011.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U52590MH2011PTC216597. Its GSTIN is 27AAECG2398G1ZF (Maharashtra).
The company had an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1.07 Lakh. It was formerly known as Gift Cards Aggregator Private Limited. It was led by directors Deepak Jain and Firoz Mohammed Hayath Khan.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Mumbai, Maharashtra.
As per the financials filed for FY 2021, the company reported a revenue of ₹39.39 Cr, a decline of 85% compared to the previous year. For the same year it recorded a net loss of ₹1.23 Cr (net margin -3.1%) and EBITDA of -₹1 Cr (EBITDA margin -2.5%). Revenue has declined at a compounded annual rate (CAGR) of 8% over three years and 6% over five years.
The company had about 6 employees on its provident fund (EPFO) records before it was struck off.
The company was associated with 2 brands: GiftCardsIndia and GCI Network. Court records list 1 case involving the company, including 1 filed against it. The company has 7 deals on record (3 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹3.83 Cr; the latest was in April 2018. Its 10 peer companies in the Packaging industry (Paper Laminated and Corrugated Packaging) are compared by revenue, 5 larger and 5 smaller; the largest is Parikshit Decor Private Limited with revenue of ₹39.97 Cr.
The last known website on record is gcinetwork.co.
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- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressOffice Number 504 5th Floor Ijmima Complex Jewellery Market Cs Ltd Malad West Link, Road, Mumbai, Maharashtra, India – 400064
- IndustryPackaging, Paper, Laminated & Corrugated Packaging
- 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
- One PDF report, delivered after checkout
Business Activity of Gci Network Private Limited
The main business activity of Gci Network is support service to organizations. In detail, this covers other support services to organizations.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Gci Network Private Limited FY 2021 filings available
Gci Network Private Limited reported revenue of ₹39.39 Cr (down 85% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Gci Network Private Limited
Revenue has declined at a compounded annual rate (CAGR) of 6% over five years, including a 85% fall 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 of Gci Network Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | ₹39.39 Cr | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | -₹1 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹1.23 Cr | •••• | •••• | •••• | •••• |
| 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 of Gci Network Private Limited
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -2.5% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -3.1% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Gci Network are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Gci Network Private Limited
Gci Network Private Limited is compared with the companies closest to it by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Parikshit Decor Private Limited | ₹39.97 Cr (FY 2025) | •••• | •••• | -11.0% | •••• | Halvad, Gujarat, India |
| Decorpac India Private Limited | ₹39.96 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | New Delhi, Delhi, India |
| Npi Paper & Board Private Limited | ₹39.69 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Kolkata, West Bengal, India |
| Siyaram Packaging Private Limited | ₹39.54 Cr (FY 2025) | •••• | •••• | 24.0% | •••• | Mumbai, Maharashtra, India |
| Vedadri Paper Mills (India) Private Limited | ₹39.51 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Telangana, India |
| Gci Network Private Limited this company | ₹39.39 Cr (FY 2021) | •••• | •••• | -85.0% | •••• | Mumbai, Maharashtra, India |
| Dreamworld Packaging Private Limited | ₹39.23 Cr (FY 2025) | •••• | •••• | 41.0% | •••• | Kolkata, West Bengal, India |
| Nashik Packaging Private Limited | ₹39.06 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Nashik, Maharashtra, India |
| Goodluck Packaging Private Limited | ₹38.98 Cr (FY 2025) | •••• | •••• | 19.0% | •••• | Kolkata, West Bengal, India |
| Bharathi Cartons Private Limited | ₹38.75 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Tuticorin, Tamil Nadu, India |
| Shaktiman Bio Agro Industries Private Limited | ₹38.61 Cr (FY 2018) | •••• | •••• | 8.0% | •••• | Yamuna Nagar, Haryana, India |
Peers are the five companies nearest above and the five nearest below Gci Network by revenue in the Packaging industry (Paper Laminated and Corrugated Packaging), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Gci Network Private Limited
Gci Network Private Limited is audited by ANIKET KULKARNI & ASSOCIATES for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| ANIKET KULKARNI & ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Gci Network Private Limited
Gci Network has 2 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deepak Jain Also directs: Glaztower Private Limited | Director | 10 Apr 2018 | 8 Years 6 Months | As last reported |
| Firoz Mohammed Hayath Khan | Director | 25 Apr 2011 | 15 Years 5 Months | As last reported |
Ownership and Shareholding of Gci Network Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gci Network Private Limited
Gci Network Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Gci Network Private Limited
Gci Network Private Limited has 7 deals on record (3 secondary share transfers, 3 funding rounds, 1 acquisition), with disclosed funding of ₹3.83 Cr; the latest was in April 2018.
Deals on record (5 of 7)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2018 | Secondary share transfer | Undisclosed | Buyer: Swych Inc, Swych Inc & Firoz Mohammed Hayath Seller: 2 individuals |
| Apr 2018 | Funding round | ₹1.94 Cr | Investors: Swych Inc |
| Feb 2018 | Acquisition | ₹7.2 Lakh | Buyer: an individual Seller: Socialinked Digital Commerce Private Limited |
| Mar 2015 | Funding round | ₹1.4 Cr | Investors: Socialinked Digital Commerce Private Limited , Blume Ventures, 2 individuals |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Socialinked Digital Commerce Private Limited , 2 individuals Seller: an individual |
Full deal history
All 7 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Gci Network Private Limited
Gci Network Private Limited has 1 court case on record: 1 filed against it. All case is disposed. Status as checked on 02 Oct 2026.
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, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed against the company by Infiniti Retail Limited | Disposed |
Full case history
All 1 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Associated Brands with Gci Network Private Limited
Gci Network operates two associated brands: GiftCardsIndia and GCI Network. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Online Gift Voucher Aggregator and Gifting Portal | giftcardsindia.in | |
| Omnichannel prepaid gift cards are distributed through retailer partnerships. | gcinetwork.co |
Employees and EPFO Compliance at Gci Network Private Limited
Gci Network Private Limited has a workforce of 6 employees as of Apr 04, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Gci Network Private Limited
Gci Network Private Limited has 6 board changes on record since 2011: 2 appointments and 4 cessations. The latest: Sameer Suhas Kulkarni ceased to be Additional Director on 01 Oct 2020.
Credit Ratings, Litigation & Regulatory Alerts for Gci Network Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Gci Network Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Gci Network Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Gci Network Private Limited
Gci Network has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECG2398G1ZF | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Gci Network Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Gci Network Private Limited
Gci Network has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
Gci Network was a private limited company based in Mumbai, Maharashtra, India. The company worked in paper, laminated and corrugated packaging, within the packaging industry. It was incorporated on 25 April 2011 and is registered under CIN U52590MH2011PTC216597. The company has been struck off by the Registrar of Companies and is no longer operational.
Gci Network had 2 directors:
- Deepak Jain - Director
- Firoz Mohammed Hayath Khan - Director
The CIN (Corporate Identification Number) of Gci Network is U52590MH2011PTC216597. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Gci Network is at Office Number 504 5th Floor Ijmima Complex Jewellery Market Cs Ltd Malad West Link, Road, Mumbai, Maharashtra, India – 400064.
Gci Network was incorporated on 25 April 2011. It is registered with the Registrar of Companies, Mumbai.
Gci Network can be reached through the website gcinetwork.co. Its registered office is in Mumbai, Maharashtra, India.
Gci Network reported revenue of ₹39.39 Cr for FY 2021 (down 85% YoY).
Gci Network has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹1.07 Lakh.
Gci Network reported a net loss of ₹1.23 Cr (net margin -3.1%) and EBITDA of -₹1 Cr (EBITDA margin -2.5%) for FY 2021, as per its filed financial statements.
The GSTIN of Gci Network is 27AAECG2398G1ZF, registered in Maharashtra.