About GDR Homestyles Private Limited
Data last updated:
GDR Homestyles Private Limited was a private limited company based in New Delhi, Delhi, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the home furnishings manufacturing segment of the consumer goods sector. It was incorporated on 21 March 1996.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U17219DL1996PTC077451. Its GSTIN is 06AACCP3904F1ZS (Haryana).
The company had an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.98 Cr. It was formerly known as Paliwal Gdr Homestyles Private Limited and Paliwal Exports Private Limited. It was led by directors Divay Garg and Sohan Lal Garg.
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 E – 525 Ground Floor G K Part – II, New Delhi, Delhi, India – 110048.
As per the financials filed for FY 2021, the company reported a revenue of ₹3.94 Cr, a growth of 29% compared to the previous year. For the same year it recorded a net profit of ₹2.74 Lakh (net margin 0.7%) and EBITDA of ₹56.95 Lakh (EBITDA margin 14.5%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 28% over five years.
As per MCA filings, the company had open charges of ₹25.43 Cr on record. Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
The last known website on record is gdrhomefashions.com.
Company details
Name history
GDR Homestyles has undergone 2 name changes throughout its history. The company was previously known as Paliwal Gdr Homestyles Private Limited, and Paliwal Exports Private Limited. The current legal name is Gdr Homestyles Private Limited.
| Company Name | Status |
|---|---|
| GDR Homestyles Private Limited | Current |
| Paliwal Gdr Homestyles Private Limited | Previous |
| Paliwal Exports Private Limited | Previous |
Contact details
GDR Homestyles Private Limited's registered office is in New Delhi, Delhi. Its website is gdrhomefashions.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressE – 525 Ground Floor G K Part – II, New Delhi, Delhi, India – 110048
- IndustryConsumer Goods, Home Furnishings Manufacturing
To see the full contact details of GDR Homestyles 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 GDR Homestyles is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of GDR Homestyles Private Limited, buy the company report.
Financials of GDR Homestyles Private Limited
FY 2021 filings availableGDR Homestyles Private Limited reported revenue of ₹3.94 Cr (up 29% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue rose 29% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 28%. 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 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 | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹56.95 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.74 Lakh | ||||
| 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.5% | ||||
| Net Profit Margin | 0.7% | ||||
| 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 GDR Homestyles Private Limited, buy the company report.
Board of directors of GDR Homestyles Private Limited
GDR Homestyles 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 |
|---|---|---|---|---|
| Divay Garg Also directs: GDR Home Fashions Private Limited | Director | 30 Apr 2009 | 17 Years 6 Months | As last reported |
| Sohan Lal Garg Also directs: GDR Home Fashions Private Limited | Director | 30 Sep 2005 | 21 Years 1 Months | As last reported |
Peer comparison
GDR Homestyles Private Limited is compared with the 3 companies closest to it by revenue in the Consumer Products industry (Home Furnishings Manufacturers), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Gonexa Mattress Private Limited | ₹4.05 Cr (FY 2018) | 540.0% | Kochi, Kerala, India | |||
| Quality Mattresses Private Limited | ₹4.03 Cr (FY 2025) | -6.0% | Delhi, India | |||
| GDR Homestyles Private Limitedthis company | ₹3.94 Cr (FY 2021) | ₹2.74 Lakh | 0.7% | 29.0% | New Delhi, Delhi, India | |
| Harisons & Harlaj Limited | ₹3.86 Cr (FY 2025) | 155.0% | New Delhi, Delhi, India |
To see the full peer comparison of GDR Homestyles Private Limited, buy the company report.
Auditor
GDR Homestyles Private Limited is audited by B AGGARWAL & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| B AGGARWAL & CO | FY 2019 | 004706N |
Shareholding
The shareholding of GDR Homestyles Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of GDR Homestyles Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Jul 2016 | 100055301 | Hdfc Bank Limited | ₹2.25 Cr | Open | |
| 20 Dec 2006 | 10029156 | State Bank of India | ₹23.18 Cr | Open |
To see the full charge records of GDR Homestyles Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
GDR Homestyles Private Limited has 4 court cases on record: 2 filed by GDR Homestyles, 2 filed against it. 2 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 3 | 2 | 2 |
| High courts | 1 | 0 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Panipat, Haryana | Civil suit | Filed against the company by Camfab International Private Limited | Pending |
| High Court of Delhi | Court case (O.M.P.(I) (COMM.)) | Filed by the company against Emaar MGF Land Limited | Disposed |
| District court, Panipat, Haryana | Court case (TRF) | Filed against the company by State of Haryana Hr06x4799 | Pending |
| District court, Panipat, Haryana | Execution petition | Filed by the company against M/S Ansari Mechanical Works | Disposed |
To see the full case history of GDR Homestyles 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 GDR Homestyles Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
GDR Homestyles Private Limited has 2 active EPFO establishments as of Mar 21, 2024.
GST
GDR Homestyles has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AACCP3904F1ZS | Haryana | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of GDR Homestyles Private Limited, buy the company report.
Recent activity
GDR Homestyles Private Limited has 6 board changes on record since 2005: 2 appointments and 4 cessations. The latest: Ashish Garg ceased to be Director on 22 Oct 2019.
Frequently asked questions
GDR Homestyles has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
GDR Homestyles was a private limited company based in New Delhi, Delhi, India. The company worked in home furnishings manufacturing, within the consumer goods industry. It was incorporated on 21 March 1996 and is registered under CIN U17219DL1996PTC077451. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
GDR Homestyles was incorporated on 21 March 1996. It is registered with the Registrar of Companies, Delhi.
GDR Homestyles had 2 directors:
- Divay Garg - Director
- Sohan Lal Garg - Director
The CIN (Corporate Identification Number) of GDR Homestyles is U17219DL1996PTC077451. 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 GDR Homestyles is at E – 525 Ground Floor G K Part – II, New Delhi, Delhi, India – 110048.
GDR Homestyles can be reached through the website gdrhomefashions.com. Its registered office is in New Delhi, Delhi, India.
The latest financial statements of GDR Homestyles on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of GDR Homestyles is 06AACCP3904F1ZS, registered in Haryana.
GDR Homestyles operated in the consumer goods industry, in the home furnishings manufacturing segment.
The peers of GDR Homestyles by revenue are Gonexa Mattress Private Limited, Quality Mattresses Private Limited, Harisons & Harlaj Limited, all in the Consumer Products industry (Home Furnishings Manufacturers), with the same principal business activity (textile, leather and other apparel products).
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
