GM Business Solutions Private Limited
About GM Business Solutions Private Limited
Data last updated:
GM Business Solutions Private Limited was a private limited company based in Chikmagalur, Karnataka, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the general infrastructure services segment of the infrastructure and utilities sector. It was incorporated on 11 March 2010.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U55101KA2010PTC052835.
The company had an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It was led by directors including Kalasa Lakshmanashetty Mahesh (Managing Director) and Sandeep Sringeri Ramanna.
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 was at Police Society Building Barlane Road, Chikmagalur, Karnataka, India – 577101.
As per the financials filed for FY 2023, the company reported a revenue of ₹2.4 Lakh. For the same year it recorded a net loss of ₹21,010 (net margin -8.7%) and EBITDA of -₹21,010 (EBITDA margin -8.7%).
Company details
Contact details
GM Business Solutions Private Limited's registered office is in Chikmagalur, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPolice Society Building Barlane Road, Chikmagalur, Karnataka, India – 577101
- IndustryInfrastructure and Utilities, General Infrastructure Services
To see the full contact details of GM Business Solutions 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
Financials of GM Business Solutions Private Limited
FY 2023 filings availableGM Business Solutions Private Limited reported revenue of ₹2.4 Lakh for FY 2023.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
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| EBITDA | -₹21,010 | ||||
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| Net Profit (PAT) | -₹21,010 | ||||
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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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| Profitability | |||||
| EBITDA Margin | -8.7% | ||||
| Net Profit Margin | -8.7% | ||||
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To see the full financial statements and ratios of GM Business Solutions Private Limited, buy the company report.
Board of directors of GM Business Solutions Private Limited
GM Business Solutions has 5 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sandeep Sringeri Ramanna | Director | 11 Mar 2010 | 16 Years 7 Months | As last reported |
| Nagarajasetty Badrinath | Director | 11 Mar 2010 | 16 Years 7 Months | As last reported |
| Sringeri Ashwath Nagesh | Director | 11 Mar 2010 | 16 Years 7 Months | As last reported |
| Kalasa Lakshmanshetty Girish | Director | 11 Mar 2010 | 16 Years 7 Months | As last reported |
| Kalasa Lakshmanashetty Mahesh | Managing Director | 11 Mar 2010 | 16 Years 7 Months | As last reported |
Peer comparison
GM Business Solutions Private Limited is compared with the 10 companies closest to it by revenue in the Infrastructure industry (Infrastructure Services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Sri D.J. Buildwel Private Limited | ₹2.56 Lakh (FY 2025) | 1.0% | Delhi, India | |||
| Bil Vyapar Limited | ₹2.51 Lakh (FY 2025) | -91.0% | Kolkata, West Bengal, India | |||
| Vivizen Contracting Private Limited | ₹2.46 Lakh (FY 2022) | Bangalore, Karnataka, India | ||||
| Adiona Ventures Private Limited | ₹2.46 Lakh (FY 2025) | 9.0% | Vadodara, Gujarat, India | |||
| Bansal Highway Constructions Private Limited | ₹2.41 Lakh (FY 2025) | 18.0% | Allahabad, Uttar Pradesh, India | |||
| GM Business Solutions Private Limitedthis company | ₹2.4 Lakh (FY 2023) | -₹21,010 | -8.7% | Chikmagalur, Karnataka, India | ||
| Rajarhat Infradev Private Limited | ₹2.4 Lakh (FY 2024) | -1.0% | Kolkata, West Bengal, India | |||
| Atharva Enviroinfra Private Limited | ₹2.4 Lakh (FY 2025) | 0.0% | New Delhi, Delhi, India | |||
| Renco Infra System Private Limited | ₹2.4 Lakh (FY 2019) | Patna, Bihar, India | ||||
| Jalnayan Properties Limited | ₹2.37 Lakh (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| Reyna Infracon Private Limited | ₹2.36 Lakh (FY 2025) | -95.0% | Delhi, India |
To see the full peer comparison of GM Business Solutions Private Limited, buy the company report.
Shareholding
The shareholding of GM Business Solutions Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of GM Business Solutions Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving GM Business Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for GM Business Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for GM Business Solutions Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
GM Business Solutions Private Limited has 7 board changes on record since 2010: 5 appointments and 2 cessations. The latest: Sapnesh Narasipura Govindaraj Setty ceased to be Director on 14 Jun 2010.
Frequently asked questions
GM Business Solutions has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
GM Business Solutions was a private limited company based in Chikmagalur, Karnataka, India. The company worked in general infrastructure services, within the infrastructure and utilities industry. It was incorporated on 11 March 2010 and is registered under CIN U55101KA2010PTC052835. The company has been struck off by the Registrar of Companies and is no longer operational.
GM Business Solutions had 5 directors:
- Kalasa Lakshmanashetty Mahesh - Managing Director
- Sandeep Sringeri Ramanna - Director
- Nagarajasetty Badrinath - Director
- Sringeri Ashwath Nagesh - Director
- Kalasa Lakshmanshetty Girish - Director
The CIN (Corporate Identification Number) of GM Business Solutions is U55101KA2010PTC052835. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of GM Business Solutions is at Police Society Building Barlane Road, Chikmagalur, Karnataka, India – 577101.
GM Business Solutions was incorporated on 11 March 2010. It is registered with the Registrar of Companies, Bangalore.
The latest financial statements of GM Business Solutions 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 2015 are in the company report.
GM Business Solutions operated in the infrastructure and utilities industry, in the general infrastructure services segment. It worked in this industry before it was struck off.
The peers of GM Business Solutions by revenue are Sri D.J. Buildwel Private Limited, Bil Vyapar Limited, Vivizen Contracting Private Limited, Adiona Ventures Private Limited, Bansal Highway Constructions Private Limited and 5 more, all in the Infrastructure industry (Infrastructure Services).
Sapnesh Narasipura Govindaraj Setty ceased to be Director on 14 Jun 2010. Kalasa Lakshmanashetty Mahesh ceased to be Director on 12 Mar 2010. Kalasa Lakshmanashetty Mahesh was appointed as Managing Director on 11 Mar 2010. GM Business Solutions has 7 board changes on record in total.
The compliance status of GM Business Solutions is compliant as of 30 August 2026.
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