MSME (Udyam registered) Ministry of MSME
- Category
- Small (2022-23)
- Udyam number
- UDYAM-MH-33-0015013
Gic Insuflex Conductors Private Limited - manufacturing in Vasai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2019
₹83.49 Cr
▲ 10% YoY
Net profit · FY 2019
₹2.01 Cr
Net margin 2.4%
EBITDA · FY 2019
₹6.67 Cr
EBITDA margin 8%
Authorised capital
₹6.25 Cr
Registered with MCA
Paid-up capital
₹2.68 Cr
Issued & subscribed
Open charges
₹13 Lakh
Satisfied ₹100.82 Cr
Company age
14 yrs
Est. 2012
Employees · EPFO
60
Provident fund records
About Gic Insuflex Conductors Private Limited
Data last updated:
Gic Insuflex Conductors Private Limited is a private limited company based in Vasai, Maharashtra, India. It operates in the cable and wire segment of the manufacturing sector. It was incorporated on 20 February 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74120MH2012PTC227205. Its GSTIN is 27AAECG6095Q1ZS (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹6.25 Cr and a paid-up capital of ₹2.68 Cr. It is led by directors Bhupendra Rasiklal Shah and Amit Bhupendra Shah.
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 Plot No.11 & 13 Grd And First Floor Survey No. 234 236 & 237 Gokhivare Village Vasai – E, Ast, Maharashtra, India – 401208.
As per the financials filed for FY 2019, the company reported a revenue of ₹83.49 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹2.01 Cr (net margin 2.4%) and EBITDA of ₹6.67 Cr (EBITDA margin 8%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 6% over five years.
The company has about 60 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹13 Lakh and satisfied charges of ₹100.82 Cr on record. Court records list 17 cases involving the company, including 17 filed against it; 2 cases are pending.
Gic Insuflex Conductors Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0015013). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gicinsuflex.com.
Company details
CIN U74120MH2012PTC227205
Registration Number 227205
Incorporation Date 20 February 2012
ROC Mumbai
Listing Status Unlisted
Company Status Active
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-MH-33-0015013
Recognitions & Rankings of Gic Insuflex Conductors
Contact details
Gic Insuflex Conductors Private Limited's registered office is in Vasai, Maharashtra. Its website is gicinsuflex.com. Its e-mail address is in the company report.
- Email
- Website
- Social Media
- Registered AddressPlot No.11 & 13 Grd And First Floor Survey No. 234 236 & 237 Gokhivare Village Vasai – E, Ast, Maharashtra, India – 401208
- IndustryManufacturing, Cable & Wire
To see the full contact details of Gic Insuflex Conductors Private Limited, buy the company report.
Comprehensive company report
Gic Insuflex Conductors Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of Gic Insuflex Conductors is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of Gic Insuflex Conductors Private Limited, buy the company report.
Financials of Gic Insuflex Conductors Private Limited
FY 2024 filings availableGic Insuflex Conductors Private Limited reported revenue of ₹83.49 Cr (up 10% YoY) for FY 2019.
Revenue · FY 2019
₹83.49 Cr ▲ 10%
Net profit · FY 2019
₹2.01 Cr margin 2.4%
EBITDA · FY 2019
₹6.67 Cr margin 8%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 10%
3 years · compounded
▲ 5%
5 years · compounded
▲ 6%
EBITDA CAGR growth
1 year
▲ 14%
3 years · compounded
▲ 14%
5 years · compounded
▲ 6%
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 10% growth in the latest year. EBITDA rose 14% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹83.49 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹6.67 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.01 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
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8% | ||||
| Net Profit Margin | 2.4% | ||||
| 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 Gic Insuflex Conductors Private Limited, buy the company report.
Board of directors of Gic Insuflex Conductors Private Limited
Gic Insuflex Conductors has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhupendra Rasiklal Shah | Director | 20 Feb 2012 | 14 Years 8 Months | Current |
| Amit Bhupendra Shah Also directs: Abs Corp Private Limited | Director | 20 Feb 2012 | 14 Years 8 Months | Current |
Peer comparison
Gic Insuflex Conductors Private Limited is compared with the 3 companies closest to it by revenue in the Manufacturing industry (Power Cables), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Shakti Insulated Wires Private Limited | ₹91.4 Cr (FY 2025) | -8.0% | Mumbai, Maharashtra, India | |||
| Gic Insuflex Conductors Private Limitedthis company | ₹83.49 Cr (FY 2019) | ₹2.01 Cr | 2.4% | 10.0% | 60 | Vasai, Maharashtra, India |
| Rajasthan Transmission Wires Pvt Ltd | ₹81.2 Cr (FY 2024) | 8.0% | Jaipur, Rajasthan, India | |||
| Udey Pyrocables Private Limited | ₹66.78 Cr (FY 2025) | -1.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Gic Insuflex Conductors Private Limited, buy the company report.
Auditor
Gic Insuflex Conductors Private Limited is audited by GOR & SAVLA for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| GOR & SAVLA | FY 2019 | 130116W |
Shareholding
The shareholding of Gic Insuflex Conductors Private Limited is on record for 5 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gic Insuflex Conductors Private Limited, buy the company report.
Charges & borrowings
Open charges
₹13 Lakh
Satisfied charges
₹100.82 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 18 Jan 2020 | 100322951 | Others | ₹13 Lakh | Open | |
| 28 Mar 2022 | 100562860 | Others | ₹1 Cr | Satisfied | |
| 23 Jun 2020 | 100348522 | Others | ₹10 Cr | Satisfied | |
| 23 Jun 2020 | 100348524 | Others | ₹2.93 Cr | Satisfied | |
| 23 Jun 2020 | 100348526 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Gic Insuflex Conductors Private Limited, buy the company report.
Total charge records: 13 View all charges
Legal cases
Gic Insuflex Conductors Private Limited has 17 court cases on record: 17 filed against it. 2 cases are pending and 15 are disposed.
Total cases
17
Filed against the company
17
Pending
2
Disposed
15
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 17 | 17 | 2 |
Cases on record (5 of 17)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Commercial suit | Filed against the company by Rational Engineers Limited Through Mahendra Jain | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Commercial matter | Filed against the company by Schenker India Private Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Cases SS) | Filed against the company by HDFC Bank Ltd Through Poa Poonam Biramane | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMARY CASE) | Filed against the company by Idfc First Bank Ltd | Disposed |
| District court, South, Delhi | Civil suit | Filed against the company by Emu Lines Pvt.Ltd. | Disposed |
To see the full case history of Gic Insuflex Conductors 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.
Credit ratings & regulatory alerts
Gic Insuflex Conductors Private Limited was last rated by Brickwork on 20 Sep 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Brickwork | 20 Sep 2021 |
To see the full credit ratings and regulatory alerts of Gic Insuflex Conductors Private Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gic Insuflex Conductors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Gic Insuflex Conductors Private Limited has a workforce of 60 employees on its EPFO records as of May 2022, across 1 active EPFO establishment.
Employee count
60
Active EPFO establishments
1
Employee growth
-11.8%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2022-23 | 60 |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Gic Insuflex Conductors Private Limited, buy the company report.
GST
Gic Insuflex Conductors has 3 GST registrations: 2 active and 1 cancelled or inactive.
Total GSTINs
3
Active
2
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAECG6095Q1ZS | Maharashtra | Active | 01 Jul 2017 |
| 21AAECG6095Q1Z4 | Odisha | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gic Insuflex Conductors Private Limited, buy the company report.
Recent activity
Gic Insuflex Conductors Private Limited has 2 board changes on record since 2012: 2 appointments. The latest: Amit Bhupendra Shah was appointed as Director on 20 Feb 2012.
Charges
A charge registered on 23 Jun 2020 via Charge ID 100349295 with Others was fully satisfied on 08 Jan 2026.
Charges
A charge registered on 17 Feb 2020 via Charge ID 100329020 with Others was fully satisfied on 08 Jan 2026.
Charges
A charge registered on 28 Mar 2022 via Charge ID 100562860 with Others was fully satisfied on 10 Nov 2025.
Charges
A charge registered on 23 Jun 2020 via Charge ID 100348522 with Others was fully satisfied on 10 Nov 2025.
Charges
A charge registered on 23 Jun 2020 via Charge ID 100348524 with Others was fully satisfied on 10 Nov 2025.
Charges
A charge registered on 23 Jun 2020 via Charge ID 100348526 with Others was fully satisfied on 10 Nov 2025.
AGM
Gic Insuflex Conductors Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Gic Insuflex Conductors Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai Ii.
Charges
A charge with Others amounted to Rs. 1.00 Cr with Charge ID 100562860 was registered on 28 Mar 2022.
Charges
A charge with Others of Rs. 16.37 Cr registered on 17 Feb 2020 with Charge ID 100329020 was modified on 09 Jul 2021.
Charges
A charge registered on 19 May 2020 via Charge ID 100340390 with Others was fully satisfied on 15 Jul 2020.
Charges
A charge registered on 31 Dec 2018 via Charge ID 100231204 with Others was fully satisfied on 15 Jul 2020.
20 earlier events are in the company report.
Frequently asked questions
Gic Insuflex Conductors is an active private limited company based in Vasai, Maharashtra, India. The company works in cable and wire, within the manufacturing industry. It was incorporated on 20 February 2012 (14+ years old) and is registered under CIN U74120MH2012PTC227205.
Gic Insuflex Conductors has 2 current directors:
- Bhupendra Rasiklal Shah - Director
- Amit Bhupendra Shah - Director
The latest financial statements of Gic Insuflex Conductors 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 2015 are in the company report.
The GSTIN of Gic Insuflex Conductors is 27AAECG6095Q1ZS, registered in Maharashtra. The company has 3 GST registrations in all, of which 2 are active and 1 is cancelled or inactive. Other active GSTINs include 21AAECG6095Q1Z4 (Odisha).
The CIN (Corporate Identification Number) of Gic Insuflex Conductors is U74120MH2012PTC227205. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gic Insuflex Conductors has 17 court cases on record: 17 filed against it. 2 are pending.
Gic Insuflex Conductors was incorporated on 20 February 2012, making it 14+ years old. It is registered with the Registrar of Companies, Mumbai.
The peers of Gic Insuflex Conductors by revenue are Shakti Insulated Wires Private Limited, Rajasthan Transmission Wires Pvt Ltd, Udey Pyrocables Private Limited, all in the Manufacturing industry (Power Cables), with the same principal business activity (metal and metal products).
Amit Bhupendra Shah was appointed as Director on 20 Feb 2012. Bhupendra Rasiklal Shah was appointed as Director on 20 Feb 2012.
Yes, Gic Insuflex Conductors is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0015013).
Gic Insuflex Conductors can be reached through the website gicinsuflex.com. Its registered office is in Vasai, Maharashtra, India.
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