About Gima Cotex Industries Private Limited
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Gima Cotex Industries Private Limited is a private limited company based in Wardha, Maharashtra, India. It operates in the wind energy solutions segment of the environmental services sector. It was incorporated on 09 January 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U17110MH1987PTC042160. Its GSTIN is 27AAACV5658G1Z3 (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.5 Cr. It was formerly known as Gima Investments & Securities Private Limited and Vaibhav Textiles Ltd. It is led by directors including Mangal Kalyanmalji Nahar and Priya Anurag Mohota.
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 Ram Mandir Wardha Hinganghat, Maharashtra, India – 442301.
As per the financials filed for FY 2025, the company reported a revenue of ₹2.49 Cr, a growth of 31% compared to the previous year. For the same year it recorded a net profit of ₹23.9 Cr and EBITDA of ₹24.16 Cr. Revenue has grown at a compounded annual rate (CAGR) of 35% over three years and 23% over five years.
As per MCA filings, the company has satisfied charges of ₹25.57 Cr on record. Court records list 7 cases involving the company, including 1 filed by the company and 6 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gimatex.co.in.
Company details
Name history
Gima Cotex Industries has undergone 5 name changes throughout its history. The current legal name is Gima Cotex Industries Private Limited.
| Company Name | Status |
|---|---|
| Gima Cotex Industries Private Limited | Current |
| Gima Investments & Securities Private Limited | Previous |
| Vaibhav Textiles Ltd | Previous |
| Vaibhav Textiles Pvt Ltd | Previous |
| Gima Cotton Process Industries Private Limited | Previous |
Contact details
Gima Cotex Industries Private Limited's registered office is in Wardha, Maharashtra. Its website is gimatex.co.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Apps
- Registered AddressRam Mandir Wardha Hinganghat, Maharashtra, India – 442301
- IndustryEnvironment, Wind Energy Solutions
To see the full contact details of Gima Cotex Industries 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 Gima Cotex Industries is manufacturing. In detail, this covers manufacture of textiles.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles |
To see the full business activity and turnover split of Gima Cotex Industries Private Limited, buy the company report.
Financials of Gima Cotex Industries Private Limited
FY 2024 filings availableGima Cotex Industries Private Limited reported revenue of ₹2.49 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 23% over five years, including 31% growth in the latest year. EBITDA fell 11% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹24.16 Cr | ||||
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| Net Profit (PAT) | ₹23.9 Cr | ||||
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Financial Ratios
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To see the full financial statements and ratios of Gima Cotex Industries Private Limited, buy the company report.
Board of directors of Gima Cotex Industries Private Limited
Gima Cotex Industries has 3 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mangal Kalyanmalji Nahar | Director | 16 Dec 2022 | 3 Years 10 Months | Current |
| Priya Anurag Mohota Also directs: Gima Manufacturing Private Limited | Director | 29 Jan 2014 | 12 Years 8 Months | Current |
| Dilip Bholeshwarrao Awchat | Director | 29 Jan 2019 | 7 Years 8 Months | Current |
Auditor
Gima Cotex Industries Private Limited is audited by TAPDIYACHANDNA&CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TAPDIYACHANDNA&CO | FY 2023 | 110820W |
Shareholding
The shareholding of Gima Cotex Industries Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gima Cotex Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 14 Nov 2014 | 10537930 | Bank of India | ₹9.67 Cr | Satisfied | |
| 19 Feb 2002 | 90232210 | Bank of India | ₹1.5 Cr | Satisfied | |
| 06 Jan 1999 | 90232110 | Bank of India | ₹3 Cr | Satisfied | |
| 17 Oct 1997 | 90232044 | Bank of India | ₹5 Cr | Satisfied | |
| 07 Oct 1997 | 90232042 | Bank of India | ₹1.6 Cr | Satisfied |
To see the full charge records of Gima Cotex Industries Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Gima Cotex Industries Private Limited has 7 court cases on record: 1 filed by Gima Cotex Industries, 6 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 4 | 0 |
| High courts | 2 | 2 | 0 |
Cases on record (5 of 7)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by an individual | Disposed |
| District court, Satara, Maharashtra | Civil suit | Filed against the company | Disposed |
| District court, Wardha, Maharashtra | Court case (R.C.A.) | Filed against the company by an individual | Disposed |
| District court, Wardha, Maharashtra | Civil suit | Filed by the company against Ms Manmade Spiners Ltd | Disposed |
| Bombay High Court | Court case (ITL) | Filed against the company by The Commissioner of Income Tax-Ii | Disposed |
To see the full case history of Gima Cotex Industries 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 Gima Cotex Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Gima Cotex Industries has 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
GST
Gima Cotex Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV5658G1Z3 | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gima Cotex Industries Private Limited, buy the company report.
Recent activity
Gima Cotex Industries Private Limited has 8 board changes on record since 2013: 3 appointments and 5 cessations. The latest: Mangal Kalyanmalji Nahar was appointed as Director on 16 Dec 2022.
16 earlier events are in the company report.
Frequently asked questions
Gima Cotex Industries is an active private limited company based in Wardha, Maharashtra, India. The company works in wind energy solutions, within the environment industry. It was incorporated on 09 January 1987 (39+ years old) and is registered under CIN U17110MH1987PTC042160.
Gima Cotex Industries has 3 current directors:
- Mangal Kalyanmalji Nahar - Director
- Priya Anurag Mohota - Director
- Dilip Bholeshwarrao Awchat - Director
The latest financial statements of Gima Cotex Industries 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 Gima Cotex Industries is 27AAACV5658G1Z3, registered in Maharashtra.
The CIN (Corporate Identification Number) of Gima Cotex Industries is U17110MH1987PTC042160. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gima Cotex Industries has 7 court cases on record: 1 filed by the company and 6 filed against it. Most are in the district courts.
Gima Cotex Industries was incorporated on 09 January 1987, making it 39+ years old. It is registered with the Registrar of Companies, Mumbai.
Mangal Kalyanmalji Nahar was appointed as Director on 16 Dec 2022. Rushabh Sharad Munot ceased to be Director on 14 Dec 2022. Brajratan Sohanlal Pandia ceased to be Director on 01 Feb 2019. Gima Cotex Industries has 8 board changes on record in total.
Gima Cotex Industries can be reached through the website gimatex.co.in. Its registered office is in Wardha, Maharashtra, India.
The registered office of Gima Cotex Industries is at Ram Mandir Wardha Hinganghat, Maharashtra, India – 442301.