GM Ecom Private Limited
About GM Ecom Private Limited
Data last updated:
GM Ecom Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been converted to a Limited Liability Partnership (LLP) and no longer exists as a company. For the latest details, refer to the successor LLP. It operated in the online healthcare product retail segment of the e-commerce sector. It was incorporated on 07 March 2014.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U74999MH2014PTC253970. Its GSTIN is 24AAFCK4775J1Z8 (Gujarat).
The company had an authorised share capital of ₹5 Lakh and a paid-up capital of ₹1 Lakh. It was formerly known as Kinesis India Private Limited. It was led by directors including Manish Arvind Mehta and Manan Jitesh Sheth.
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 was at B – 27 3rd Floor Plot No. 13 Shree Ram Industrial Estate G. D. Ambekar Marg Wadala, Mumbai, Maharashtra, India – 400031.
As per the financials filed for FY 2024, the company reported a revenue of ₹14.3 Lakh, a decline of 71% compared to the previous year. For the same year it recorded a net loss of ₹63,663 (net margin -4.5%) and EBITDA of ₹2.45 Lakh (EBITDA margin 17.2%). Revenue has declined at a compounded annual rate (CAGR) of 67% over three years and 34% over five years.
Company details
Contact details
GM Ecom Private Limited's registered office is in Mumbai, Maharashtra. Its e-mail address is in the company report.
- Email
- Registered AddressB – 27 3rd Floor Plot No. 13 Shree Ram Industrial Estate G. D. Ambekar Marg Wadala, Mumbai, Maharashtra, India – 400031
- IndustryE-Commerce, Online Healthcare Product Retail
To see the full contact details of GM Ecom 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 GM Ecom is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of GM Ecom Private Limited, buy the company report.
Financials of GM Ecom Private Limited
FY 2024 filings availableGM Ecom Private Limited reported revenue of ₹14.3 Lakh (down 71% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 34% over five years, including a 71% fall in the latest year. EBITDA fell 50% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹2.45 Lakh | ||||
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| Net Profit (PAT) | -₹63,663 | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | 17.2% | ||||
| Net Profit Margin | -4.5% | ||||
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To see the full financial statements and ratios of GM Ecom Private Limited, buy the company report.
Board of directors of GM Ecom Private Limited
GM Ecom has 3 current directors and 4 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Manish Arvind Mehta Also directs: BRK Instruments India LLP, Shi-Am Technologies India LLP, Supreme Chromatography India LLP and 5 more | Director | 01 Jul 2019 | 7 Years 3 Months | As last reported |
| Manan Jitesh Sheth | Director | 09 Jan 2017 | 9 Years 9 Months | As last reported |
| Sanjay Arvind Mehta Also directs: BRK Instruments India LLP, Shi-Am Technologies India LLP, Supreme Chromatography India LLP and 5 more | Director | 01 Jul 2019 | 7 Years 3 Months | As last reported |
Auditor
GM Ecom Private Limited is audited by A J KANAKIA & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A J KANAKIA & CO | FY 2021 | 104701W |
Shareholding
The shareholding of GM Ecom Private Limited is on record for 4 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2016 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of GM Ecom Private Limited, buy the company report.
Legal cases
No court or tribunal cases involving GM Ecom 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 Ecom Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
GM Ecom has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAFCK4775J1Z8 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of GM Ecom Private Limited, buy the company report.
Recent activity
GM Ecom Private Limited has 7 board changes on record since 2017: 3 appointments and 4 cessations. The latest: Karan Mayank Mehta ceased to be Director on 30 Jul 2020.
Frequently asked questions
GM Ecom has been "Converted to LLP" - the business changed its legal structure from a company to a Limited Liability Partnership. The original company no longer exists in its previous form. For the latest information, refer to the successor LLP entity registered with MCA.
GM Ecom was a private limited company based in Mumbai, Maharashtra, India. The company worked in online healthcare product retail, within the e-commerce industry. It was incorporated on 07 March 2014 and is registered under CIN U74999MH2014PTC253970. For the latest details, refer to the successor LLP entity.
The CIN (Corporate Identification Number) of GM Ecom is U74999MH2014PTC253970. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GM Ecom had 3 directors:
- Manish Arvind Mehta - Director
- Manan Jitesh Sheth - Director
- Sanjay Arvind Mehta - Director
GM Ecom was incorporated on 07 March 2014. It is registered with the Registrar of Companies, Mumbai.
The registered office of GM Ecom is at B – 27 3rd Floor Plot No. 13 Shree Ram Industrial Estate G. D. Ambekar Marg Wadala, Mumbai, Maharashtra, India – 400031.
The latest financial statements of GM Ecom 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 GM Ecom is 24AAFCK4775J1Z8, registered in Gujarat.
GM Ecom operated in the e-commerce industry, in the online healthcare product retail segment.
Karan Mayank Mehta ceased to be Director on 30 Jul 2020. Manish Arvind Mehta was appointed as Director on 01 Jul 2019. Sanjay Arvind Mehta was appointed as Director on 01 Jul 2019. GM Ecom has 7 board changes on record in total.