Gitanjali Exports Corporation Limited - Company Profile

It is a consumer goods public limited company based in Mumbai, Maharashtra, India, established in 2000.

2000 Mumbai, Maharashtra, India Amalgamated

Last Updated: July 25, 2025

About Gitanjali Exports Corporation Limited

Gitanjali Exports Corporation Limited, a amalgamated public limited company, was established on 12 September 2000 in Mumbai, Maharashtra, India. Engaging in watches & jewelry manufacturing within the consumer goods sector, it holds CIN: U51990MH2000PLC128664. Registered under ROC Roc Mumbai. it is unlisted. It has an authorized capital of ₹17.25 Cr and a paid-up capital of ₹17.25 Cr.

Its leadership includes Sudhirbhai Ambalal Mehta (Director), Dhanesh Vrajlal Sheth (Director), Dinesh Gopaldas Bhatia (Director). Past directors included Prakash Dharshibhai Shah, Sudhirbhai Ambalal Mehta, Dhanesh Vrajlal Sheth. It holds no open charges and ₹1,118.00 Cr settled loans. Its latest AGM occurred on 28 September 2015, with the balance sheet filed on 31 March 2015. It is based at A-1,7Th Floor, Laxmi Towers, Bandra Kurla Complex, Bandra (East), Mumbai, Maharashtra, 400051.

Company Details

CIN/LLPIN
U51990MH2000PLC128664
Registration Number
128664
Incorporation Date
12 September 2000
Authorized Capital
₹17.25 Cr
Paid-Up Capital
₹17.25 Cr
ROC Code
Roc Mumbai
Listing Status
Unlisted
Company Status
Amalgamated

Key Metrics

Authorised Capital ₹ 17.25 Cr as on 25-07-2025
Paid Up Capital ₹ 17.25 Cr as on 25-07-2025
Company Age 25 Year, 5 Months
Last Filing with ROC 31 Mar 2015
Satisfied Charges ₹ 1,118.00 Cr as on 25-07-2025
Revenue Growth **** 10.99% (FY 2015)
Profit Growth **** 113.22% (FY 2015)
Ebitda **** 455.30% (FY 2015)
Net Worth 0.38% (FY 2015)
Total Assets **** 4.10% (FY 2015)

Comprehensive Company Insights

Explore comprehensive insights into Gitanjali Exports Corporation Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Gitanjali Exports Corporation Limited?

Current Directors

Name	Designation	Appointment Date	Status
Sudhirbhai Ambalal Mehta	Director	25 Jan 2010	Current
Dhanesh Vrajlal Sheth	Director	10 May 2014	Current
Dinesh Gopaldas Bhatia	Director	25 Jul 2015	Current
Mehul Chinubhai Choksi	Managing Director	12 Sep 2000	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	25 Jan 2010	Past
Pramod Abcsdd	Additional Director	10 Sep 2010	Past
Pramod Abcsdd	Additional Director	25 Sep 2014	Past
Pramod Abcsdd	Additional Director	28 Sep 2015	Past
Pramod Abcsdd	Additional Director	07 Aug 2010	Past
Pramod Abcsdd	Key Managerial Personnel	-	Past

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Financial Performance of Gitanjali Exports Corporation.

Gitanjali Exports Corporation Limited, for the financial year ended 2015, experienced significant growth in revenue, with a 10.99% increase. The company also saw a substantial improvement in profitability, with a 113.22% increase in profit. The company's net worth moved up by a moderate rise of 0.38%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

10.99%

*******

Revenue from Operations

*******

14.08%

*******

Total Assets

*******

4.10%

*******

Profit or Loss

*******

113.22%

*******

Net Worth

*******

0.38%

*******

EBITDA

*******

455.30%

*******

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What is the Ownership and Shareholding Structure of Gitanjali Exports Corporation?

In 2015, Gitanjali Exports Corporation had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹11,180,000,000.00

Charges Breakdown by Lending Institutions

State Bank Of India ( & Members Of Sbi Consrtium - Annexure I) : 550.00 Cr
State Bank Of India : 189.00 Cr
United Bank Of India : 90.40 Cr
State Bank Of Indore : 60.00 Cr
Central Bank Of India : 60.00 Cr
Others : 168.60 Cr

Latest Charge Details

Date	Lender	Amount	Status
15 Feb 2011	Bank Of Baroda	₹44.50 Cr	Satisfied
28 Apr 2010	Corporation Bank	₹12.10 Cr	Satisfied
29 Mar 2010	State Bank Of India	₹15.00 Cr	Satisfied
29 Jun 2009	Allahabad Bank	₹6.00 Cr	Satisfied
30 Mar 2009	Central Bank Of India	₹60.00 Cr	Satisfied

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How Many Employees Work at Gitanjali Exports Corporation?

Gitanjali Exports Corporation has a workforce of 0 employees as of Apr 07, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Gitanjali Exports Corporation, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Gitanjali Exports Corporation's trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Gitanjali Exports Corporation

Recent Activity within the Organization

Annual General Meeting

Progress on Gitanjali Exports Corporation Limited last Annual general meeting of members was held on 28 Sep 2015 as per latest MCA records. was documented.
28 Sep 2015
Director Appointment

Progress on Dinesh Gopaldas Bhatia was appointed as a Director was appointed as a Director on 25 Jul 2015 & has been associated with this company since 10 years 6 months . was documented.
25 Jul 2015
Balance Sheet

Progress on Gitanjali Exports Corporation Limited has filed its annual Financial statements for the year ended 31 Mar 2015 with Roc Mumbai. was documented.
31 Mar 2015
Director Appointment

Progress on Dhanesh Vrajlal Sheth was appointed as a Director was appointed as a Director on 10 May 2014 & has been associated with this company since 11 years 9 months . was documented.
10 May 2014
Charges

Progress on A charge registered on 07 Jan 2008 via Charge ID 10087439 with Icici Bank Limited was fully satisfied on 12 Dec 2013. was documented.
12 Dec 2013
Director Appointment

Pranila Ramkrishna Rawool was appointed as a Company Secretary was appointed as a Company Secretary on 26 Nov 2012 & has been associated with this company since 13 years 2 months . was recorded as a recent event.
26 Nov 2012

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