Gigal Ispat Private Limited
About Gigal Ispat Private Limited
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Gigal Ispat Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the steel manufacturing and processing segment of the metals and mining sector. It was incorporated on 16 April 2009 and has been in existence for over 17 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U27100MH2009PTC191708. The company has 1 GST registration on record, which is no longer active.
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹17.45 Lakh. It is led by directors Pradeepkumar Ramniwas Gupta and Avdhesh Chandradev Yadav.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Commercial Pre – 5017 3rd Floor Eaze Zone Laxmi Singh Complex Goregaon West, Mumbai, Maharashtra, India – 400062.
As per the financials filed for FY 2019, the company reported a revenue of ₹7.36 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹15.19 Lakh (net margin -2.1%) and EBITDA of -₹14.91 Lakh (EBITDA margin -2%). Revenue has declined at a compounded annual rate (CAGR) of 16% over three years and 9% over five years.
Its group structure includes 1 subsidiary.
As per MCA filings, the company has open charges of ₹19.88 Lakh on record. Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as active non-compliant by the Registrar of Companies.
Company details
Contact details
Gigal Ispat Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCommercial Pre – 5017 3rd Floor Eaze Zone Laxmi Singh Complex Goregaon West, Mumbai, Maharashtra, India – 400062
- IndustryMetals and Minerals, Steel Manufacturing & Processing, Metal Manufacturing & Processing
To see the full contact details of Gigal Ispat 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 Gigal Ispat 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 Gigal Ispat Private Limited, buy the company report.
Financials of Gigal Ispat Private Limited
FY 2019 filings availableGigal Ispat Private Limited reported revenue of ₹7.36 Cr (up 244% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue rose 244% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 9%. EBITDA rose 31% 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 |
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| EBITDA | -₹14.91 Lakh | ||||
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| Net Profit (PAT) | -₹15.19 Lakh | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| Profitability | |||||
| EBITDA Margin | -2% | ||||
| Net Profit Margin | -2.1% | ||||
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To see the full financial statements and ratios of Gigal Ispat Private Limited, buy the company report.
Board of directors of Gigal Ispat Private Limited
Gigal Ispat 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 |
|---|---|---|---|---|
| Pradeepkumar Ramniwas Gupta | Director | 16 Apr 2009 | 17 Years 6 Months | Current |
| Avdhesh Chandradev Yadav | Director | 10 Oct 2017 | 9 Years 1 Months | Current |
Auditor
Gigal Ispat Private Limited is audited by CHHARIA & ASSOCIATES for the financial year 2017.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| CHHARIA & ASSOCIATES | FY 2017 | 132111W |
Shareholding
The shareholding of Gigal Ispat Private Limited is on record for 3 financial years, the latest being FY 2017, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Gigal Ispat Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Aug 2010 | 10237167 | Others | ₹19.88 Lakh | Open |
To see the full charge records of Gigal Ispat Private Limited, buy the company report.
Total charge records: 1 View all charges
Legal cases
Gigal Ispat Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
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, Bhavnagar, Gujarat | Civil suit | Filed against the company by an individual | Disposed |
To see the full case history of Gigal Ispat 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 Gigal Ispat Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Gigal Ispat has 1 subsidiary company. This group structure data is as of FY 2017. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Vici Exim Private Limited | U51101MH2007PTC168404 |
To see the full group structure of Gigal Ispat Private Limited, buy the company report.
GST
Gigal Ispat has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Gigal Ispat Private Limited, buy the company report.
Recent activity
Gigal Ispat Private Limited has 6 board changes on record since 2009: 2 appointments and 4 cessations. The latest: Anita Pradipkumar Gupta ceased to be Director on 01 May 2018.
Frequently asked questions
Gigal Ispat is an active private limited company based in Mumbai, Maharashtra, India. The company works in steel manufacturing and processing, within the metals and minerals industry. It was incorporated on 16 April 2009 (17+ years old) and is registered under CIN U27100MH2009PTC191708.
Gigal Ispat has 2 current directors:
- Pradeepkumar Ramniwas Gupta - Director
- Avdhesh Chandradev Yadav - Director
The latest financial statements of Gigal Ispat on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
No. Gigal Ispat has 1 GST registration on record and it is cancelled or inactive.
The CIN (Corporate Identification Number) of Gigal Ispat is U27100MH2009PTC191708. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gigal Ispat has 1 court case on record: 1 filed against it.
Gigal Ispat was incorporated on 16 April 2009, making it 17+ years old. It is registered with the Registrar of Companies, Mumbai.
Anita Pradipkumar Gupta ceased to be Director on 01 May 2018. Anurag Pradeep Gupta ceased to be Director on 01 May 2018. Akash Ashok Jaipuria ceased to be Director on 30 Dec 2017. Gigal Ispat has 6 board changes on record in total.
The registered office of Gigal Ispat is at Commercial Pre – 5017 3rd Floor Eaze Zone Laxmi Singh Complex Goregaon West, Mumbai, Maharashtra, India – 400062.
Gigal Ispat operates in the metals and minerals industry, in the steel manufacturing and processing segment.
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