- Category
- Micro (2024-25)
- Udyam number
- UDYAM-KR-22-0014991

Gift Equals Love LLP
About Gift Equals Love LLP
Data last updated:
Gift Equals Love LLP is a limited liability partnership (LLP) based in Mysore, Karnataka, India. It operates in the handicrafts and artisan products manufacturing segment of the home and lifestyle products sector. It was incorporated on 11 April 2016 and has been in existence for over 10 years.
The LLP is registered with the Registrar of Companies (ROC), Bangalore, under LLPIN AAG-1522. Its GSTIN is 29AAPFG5971K1ZK (Karnataka). The LLP holds 4 GST registrations, of which 3 are active.
The LLP has a total obligation of contribution of βΉ50,000. It is led by designated partners Bhuvaneshwari Kumaravel and Balaji Rajendran.
Its latest statement of accounts is for the year ended 31 March 2025. The registered office is at 127/3 2nd Main Yadavgiri, Mysore, Karnataka, India β 570020.
The LLP is associated with 1 brand: Geltoy.
Gift Equals Love LLP is registered as a micro enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-22-0014991).
Company details
Recognitions & Rankings of Gift Equals Love
Contact details
Gift Equals Love LLP's registered office is in Mysore, Karnataka.
- Registered Address127/3 2nd Main Yadavgiri, Mysore, Karnataka, India β 570020
- IndustryHome & Lifestyle, Handicrafts & Artisan Products Manufacturing
- 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
Brands
Gift Equals Love operates one associated brand: Geltoy. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sells educational wooden toys, magnetic toys, home decor, and baby items online. | geltoy.com |
Financials of Gift Equals Love LLP
FY 2025 filings availableFinancial Statement Summary
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Income and Expenditure | |||||
| Turnover | |||||
| Other Income | |||||
| Total Income | |||||
| Purchases and Direct Costs | |||||
| Personnel Expenses | |||||
| Administrative Expenses | |||||
| Interest | |||||
| Depreciation | |||||
| Total Expenses | |||||
| Profit Before Tax | |||||
| Tax | |||||
| Profit After Tax | |||||
| Profit Transferred to Partners | |||||
| Assets and Liabilities | |||||
| Partners' Contribution | |||||
| Reserves and Surplus | |||||
| Secured Loans | |||||
| Unsecured Loans | |||||
| Trade Payables | |||||
| Other Liabilities and Provisions | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Loans and Advances | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Statement of Account and Solvency | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| Net Profit Margin | |||||
| Return on Partners' Funds | |||||
| Return on Assets | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Debt to Partners' Funds | |||||
| Interest Coverage | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Turnover Growth | |||||
| Profit Growth | |||||
To see the full financial statements and ratios of Gift Equals Love LLP, buy the company report.
Designated partners of Gift Equals Love LLP
Gift Equals Love has 2 designated partners on record. No former designated partners are listed.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Bhuvaneshwari Kumaravel | Designated Partner | 11 Apr 2016 | 10 Years 7 Months | Current |
| Balaji Rajendran | Designated Partner | 11 Apr 2016 | 10 Years 7 Months | Current |
Legal cases
No court or tribunal cases involving Gift Equals Love LLP are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gift Equals Love LLP; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gift Equals Love has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAPFG5971K1ZK | Karnataka | Active | 01 Jul 2017 |
| 33AAPFG5971K1ZV | Tamil Nadu | Active | 23 Mar 2022 |
| 36AAPFG5971K1ZP | Telangana | Active | 21 Oct 2022 |
To see the full GST registrations and return filing status of Gift Equals Love LLP, buy the company report.
Recent activity
Gift Equals Love LLP has 2 designated partner changes on record since 2016: 2 appointments. The latest: Balaji Rajendran was appointed as Designated Partner on 11 Apr 2016.
Frequently asked questions
Gift Equals Love is an active limited liability partnership based in Mysore, Karnataka, India. The LLP works in handicrafts and artisan products manufacturing, within the home and lifestyle industry. It was incorporated on 11 April 2016 (10+ years old) and is registered under LLPIN AAG-1522.
Gift Equals Love has 2 current designated partners:
- Bhuvaneshwari Kumaravel - Designated Partner
- Balaji Rajendran - Designated Partner
The latest financial statements of Gift Equals Love on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 31 March 2025. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Gift Equals Love is 29AAPFG5971K1ZK, registered in Karnataka. The LLP has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 33AAPFG5971K1ZV (Tamil Nadu), 36AAPFG5971K1ZP (Telangana).
The LLPIN (Limited Liability Partnership Identification Number) of Gift Equals Love is AAG-1522. It is issued by the Ministry of Corporate Affairs and uniquely identifies the LLP in India.
Gift Equals Love was incorporated on 11 April 2016, making it 10+ years old. It is registered with the Registrar of Companies, Bangalore.
Balaji Rajendran was appointed as Designated Partner on 11 Apr 2016. Bhuvaneshwari Kumaravel was appointed as Designated Partner on 11 Apr 2016.
Yes, Gift Equals Love is registered as a micro enterprise under Udyam registration (number: UDYAM-KR-22-0014991).
The registered office of Gift Equals Love is at 1273 2nd Main Yadavgiri, Mysore, Karnataka, India β 570020.
Gift Equals Love operates in the home and lifestyle industry, in the handicrafts and artisan products manufacturing segment.

