About Gigil Resources Private Limited
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Gigil Resources Private Limited is a private limited company based in Mumbai, Maharashtra, India. It operates in the HR outsourcing and talent management segment of the business process outsourcing sector. It was incorporated on 04 July 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2017PTC296898. Its GSTIN is 27AAGCG9050R1ZV (Maharashtra). The company holds 3 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Sarabjeet Singh Harbanshsingh Saluja and Himmatsingh Nansingh Solanki.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at B1 – 401 Kanakia Boomerang Yadav Nagar Chandivli, Mumbai, Maharashtra, India – 400072.
As per the financials filed for FY 2023, the company reported a revenue of ₹33.13 Lakh, a decline of 83% compared to the previous year. For the same year it recorded a net loss of ₹22.28 Lakh (net margin -67.3%) and EBITDA of -₹20.35 Lakh (EBITDA margin -61.4%). Revenue has declined at a compounded annual rate (CAGR) of 12% over three years.
Court records list 6 cases involving the company, including 6 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gigil.co.in.
Company details
Contact details
Gigil Resources Private Limited's registered office is in Mumbai, Maharashtra. Its website is gigil.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressB1 – 401 Kanakia Boomerang Yadav Nagar Chandivli, Mumbai, Maharashtra, India – 400072
- IndustryBusiness Outsourcing, HR Outsourcing & Talent Management
To see the full contact details of Gigil Resources 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 Gigil Resources is information and communication. In detail, this covers other information & communication service activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J8 | Other information & communication service activities |
To see the full business activity and turnover split of Gigil Resources Private Limited, buy the company report.
Financials of Gigil Resources Private Limited
FY 2023 filings availableGigil Resources Private Limited reported revenue of ₹33.13 Lakh (down 83% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 12% over three years, including a 83% fall in the latest year. EBITDA fell 597% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹20.35 Lakh | ||||
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| Net Profit (PAT) | -₹22.28 Lakh | ||||
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Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA Margin | -61.4% | ||||
| Net Profit Margin | -67.3% | ||||
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To see the full financial statements and ratios of Gigil Resources Private Limited, buy the company report.
Board of directors of Gigil Resources Private Limited
Gigil Resources has 2 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sarabjeet Singh Harbanshsingh Saluja | Director | 01 Apr 2023 | 3 Years 6 Months | Current |
| Himmatsingh Nansingh Solanki Also directs: Gigil Retail Resources LLP | Director | 01 Dec 2021 | 4 Years 10 Months | Current |
Auditor
Gigil Resources Private Limited is audited by VINOD R SHUKLA & ASSOCIATES for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VINOD R SHUKLA & ASSOCIATES | FY 2021 | 124686W |
Shareholding
The shareholding of Gigil Resources Private Limited is on record for 3 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Gigil Resources Private Limited, buy the company report.
Legal cases
Gigil Resources Private Limited has 6 court cases on record: 6 filed against it. 4 cases are pending and 2 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 6 | 6 | 4 |
Cases on record (5 of 6)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Nagpur, Maharashtra | Civil suit | Filed against the company by an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by an individual | Pending |
| District court, Srinagar, Jammu and Kashmir | Court case (Complaint) | Filed against the company by an individual | Pending |
| District court, GANDHINAGAR, Gujarat | Criminal complaint | Filed against the company by an individual | Pending |
| District court, Gurugram, Haryana | Cheque dishonour complaint | Filed against the company by Lumxi Enterprises | Disposed |
To see the full case history of Gigil Resources 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 Gigil Resources Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gigil Resources has 3 GST registrations: 2 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAGCG9050R1ZV | Maharashtra | Active | 06 Apr 2018 |
| 23AAGCG9050R1Z3 | Madhya Pradesh | Active | 10 Feb 2021 |
To see the full GST registrations and return filing status of Gigil Resources Private Limited, buy the company report.
Recent activity
Gigil Resources Private Limited has 16 board changes on record since 2017: 9 appointments and 7 cessations. The latest: Parvinder Saluja Kaur ceased to be Director on 01 Apr 2023.
7 earlier events are in the company report.
Frequently asked questions
Gigil Resources is an active private limited company based in Mumbai, Maharashtra, India. The company works in HR outsourcing and talent management, within the business outsourcing industry. It was incorporated on 04 July 2017 (9+ years old) and is registered under CIN U74999MH2017PTC296898.
Gigil Resources has 2 current directors:
- Sarabjeet Singh Harbanshsingh Saluja - Director
- Himmatsingh Nansingh Solanki - Director
The latest financial statements of Gigil Resources on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2018 are in the company report.
The GSTIN of Gigil Resources is 27AAGCG9050R1ZV, 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 23AAGCG9050R1Z3 (Madhya Pradesh).
The CIN (Corporate Identification Number) of Gigil Resources is U74999MH2017PTC296898. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gigil Resources has 6 court cases on record: 6 filed against it. 4 are pending.
Gigil Resources was incorporated on 04 July 2017, making it 9+ years old. It is registered with the Registrar of Companies, Mumbai.
Parvinder Saluja Kaur ceased to be Director on 01 Apr 2023. Sarabjeet Singh Harbanshsingh Saluja was appointed as Director on 01 Apr 2023. Vineet Kumar Varshney ceased to be Director on 14 Aug 2022. Gigil Resources has 16 board changes on record in total.
Gigil Resources can be reached through the website gigil.co.in. Its registered office is in Mumbai, Maharashtra, India.
The registered office of Gigil Resources is at B1 – 401 Kanakia Boomerang Yadav Nagar Chandivli, Mumbai, Maharashtra, India – 400072.