About Gima Cotex Industries Private Limited
Data last updated:
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.
Name History of Gima Cotex Industries Private Limited
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 |
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Apps
- Registered AddressRam Mandir Wardha Hinganghat, Maharashtra, India – 442301
- IndustryEnvironment, Wind Energy Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Gima Cotex Industries Private Limited
The main business activity of Gima Cotex Industries is manufacturing. In detail, this covers manufacture of textiles.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | 13 | Manufacture of textiles | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Gima Cotex Industries Private Limited FY 2024 filings available
Gima Cotex Industries Private Limited reported revenue of ₹2.49 Cr (up 31% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of Gima Cotex Industries Private Limited
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 of Gima Cotex Industries Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹24.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹23.9 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 of Gima Cotex Industries Private Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | •••• | •••• | •••• | •••• | •••• |
| Net Profit Margin | •••• | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Gima Cotex Industries are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
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 |
Peer Comparison of Gima Cotex Industries Private Limited
Gima Cotex Industries Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Textiles). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Poznan Management Services Private Limited | ₹2.5 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Delhi, India |
| Pioneer Collections Private Limited | ₹2.5 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Delhi, India |
| Zuree Diseno Private Limited | ₹2.5 Cr (FY 2024) | •••• | •••• | •••• | Haryana, India | |
| Roopam Textiles Trading Private Limited | ₹2.49 Cr (FY 2022) | •••• | •••• | -23.0% | •••• | Bhubaneswar, Odisha, India |
| Rohan Yarns Private Limited | ₹2.49 Cr (FY 2020) | •••• | •••• | 9.0% | •••• | Surat, Gujarat, India |
| Gima Cotex Industries Private Limited this company | ₹2.49 Cr (FY 2025) | •••• | •••• | 31.0% | •••• | Wardha, Maharashtra, India |
| Bapna Projects Private Limited | ₹2.49 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Jaipur, Rajasthan, India |
| John Phillipe Corp Private Limited | ₹2.49 Cr (FY 2019) | •••• | •••• | -43.0% | •••• | Bhilwara, Rajasthan, India |
| Akhandjyoti Fabtex Limited | ₹2.49 Cr (FY 2022) | •••• | •••• | -74.0% | •••• | New Delhi, Delhi, India |
| Kozzby Techtex Private Limited | ₹2.49 Cr (FY 2025) | •••• | •••• | 3.0% | •••• | Mumbai, Maharashtra, India |
| Shree Vishnave Industries Private Limited | ₹2.49 Cr (FY 2025) | •••• | •••• | 28.0% | •••• | Surat, Gujarat, India |
Peers are the five companies nearest above and the five nearest below Gima Cotex Industries by revenue in the Manufacturing industry (Textiles), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Gima Cotex Industries Private Limited
Gima Cotex Industries Private Limited is audited by TAPDIYACHANDNA&CO for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| TAPDIYACHANDNA&CO | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Ownership and Shareholding of Gima Cotex Industries Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gima Cotex Industries Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 14 Nov 2014 | Bank of India | ₹9.67 Cr | Satisfied |
| 19 Feb 2002 | Bank of India | ₹1.5 Cr | Satisfied |
| 06 Jan 1999 | Bank of India | ₹3 Cr | Satisfied |
| 17 Oct 1997 | Bank of India | ₹5 Cr | Satisfied |
| 07 Oct 1997 | Bank of India | ₹1.6 Cr | Satisfied |
Total charge records: 7 View all charges
Legal Cases of Gima Cotex Industries Private Limited
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 |
Full case history
All 7 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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.
Employees and EPFO Compliance at Gima Cotex Industries Private Limited
Employment history and EPFO contributions of people linked to Gima Cotex Industries.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Gima Cotex Industries Private Limited
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.
Recent Activity on Gima Cotex Industries Private Limited
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 listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Gima Cotex Industries Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Gima Cotex Industries Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Gima Cotex Industries Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Gima Cotex Industries Private Limited
Gima Cotex Industries has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACV5658G1Z3 | Maharashtra | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Gima Cotex Industries Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Gima Cotex Industries Private Limited
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 reported revenue of ₹2.49 Cr for FY 2025 (up 31% YoY).
Gima Cotex Industries has 3 current directors:
- Mangal Kalyanmalji Nahar - Director
- Priya Anurag Mohota - Director
- Dilip Bholeshwarrao Awchat - Director
Gima Cotex Industries reported a net profit of ₹23.9 Cr and EBITDA of ₹24.16 Cr for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gima Cotex Industries is 35% over three years and 23% over five years. In the latest year (FY 2025) revenue rose 31%. CAGR is the steady yearly rate that links the first and the last year.
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.
The peers of Gima Cotex Industries by revenue are Poznan Management Services Private Limited, Pioneer Collections Private Limited, Zuree Diseno Private Limited, Roopam Textiles Trading Private Limited, Rohan Yarns Private Limited and 5 more, all in the Manufacturing industry (Textiles).
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.