MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-MH-18-0090284
GM Elektra Private Limited - consumer electronics & durables in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹259.44 Cr
▲ 18% YoY
Net loss · FY 2025
₹8.37 Cr
Net margin -3.2%
EBITDA · FY 2025
₹6.76 Cr
EBITDA margin 2.6%
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹9.8 Cr
Issued & subscribed
Open charges
₹45 Cr
Secured borrowings
Company age
8 yrs
Est. 2018
Employees · EPFO
158
Provident fund records
About GM Elektra Private Limited
Data last updated:
GM Elektra Private Limited is a private limited company based in Mumbai, Maharashtra, India, a subsidiary of Gm Modular Private Limited. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 24 September 2018 and has been in existence for over 8 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U31109MH2018PTC314611. Its GSTIN is 27AAHCG4941J1ZC (Maharashtra). The company holds 10 GST registrations, all of them active.
The company has an authorised share capital of ₹20 Cr and a paid-up capital of ₹9.8 Cr. It is led by directors including Chirag Rakesh Chopra and Kumarpal Babulal Banda.
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 303 Shalimar Morya Park New Link Road Opp. Infiniti Mall Andheri West, Mumbai, Maharashtra, India – 400053.
As per the financials filed for FY 2025, the company reported a revenue of ₹259.44 Cr, a growth of 18% compared to the previous year. For the same year it recorded a net loss of ₹8.37 Cr (net margin -3.2%) and EBITDA of ₹6.76 Cr (EBITDA margin 2.6%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 34% over five years.
The company has about 158 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹45 Cr on record. Court records list 30 cases involving the company, including 30 filed by the company; 30 cases are pending. The company has 1 deal on record (1 rights issue); the latest was in December 2018. Its 4 peer companies in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading) are compared by revenue, 1 larger and 3 smaller; the largest is Pritam Electricals & Electronics Private Limited with revenue of ₹264.2 Cr.
GM Elektra Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-18-0090284). For more details, the company can be reached via its website gmmodular.com.
Company details
CIN U31109MH2018PTC314611
Registration Number 314611
Incorporation Date 24 September 2018
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Gm Modular Private Limited
MSME Classification Medium
Udyam Registration UDYAM-MH-18-0090284
Key People
Chirag Rakesh Chopra Director Kumarpal Babulal Banda Director Jayantilal Otmal Jain Director Recognitions & Rankings of GM Elektra
Contact details
GM Elektra Private Limited's registered office is in Mumbai, Maharashtra. Its website is gmmodular.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered Address303 Shalimar Morya Park New Link Road Opp. Infiniti Mall Andheri West, Mumbai, Maharashtra, India – 400053
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of GM Elektra Private Limited, buy the company report.
Comprehensive company report
GM Elektra Private Limited - one report that includes everything
- 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
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Business activity
The main business activity of GM Elektra 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 Elektra Private Limited, buy the company report.
Financials of GM Elektra Private Limited
FY 2024 filings availableGM Elektra Private Limited reported revenue of ₹259.44 Cr (up 18% YoY) for FY 2025.
Revenue · FY 2025
₹259.44 Cr ▲ 18%
Net loss · FY 2025
₹8.37 Cr margin -3.2%
EBITDA · FY 2025
₹6.76 Cr margin 2.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 18%
3 years · compounded
▲ 8%
5 years · compounded
▲ 34%
EBITDA CAGR growth
1 year
▲ 20%
3 years · compounded
▲ 34%
5 years · compounded
▲ 25%
Revenue has grown at a compounded annual rate (CAGR) of 34% over five years, including 18% growth in the latest year. EBITDA rose 20% 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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| Revenue from Operations | |||||
| Other Income | |||||
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| Total Expenses | |||||
| EBITDA | ₹6.76 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹8.37 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 2.6% | ||||
| Net Profit Margin | -3.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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To see the full financial statements and ratios of GM Elektra Private Limited, buy the company report.
Board of directors of GM Elektra Private Limited
GM Elektra has 4 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Chirag Rakesh Chopra Also directs: Rshio Technologies Private Limited | Director | 03 Dec 2022 | 3 Years 10 Months | Current |
| Kumarpal Babulal Banda | Director | 24 Sep 2018 | 8 Years 1 Months | Current |
| Jayantilal Otmal Jain Also directs: GM Modular Private Limited, GM Nexus India Private Limited, GM Cables & Switches Private Limited and 1 more | Director | 24 Sep 2018 | 8 Years 1 Months | Current |
| Ramesh Kumar Jain | Director | 24 Sep 2018 | 8 Years 1 Months | Current |
Peer comparison
GM Elektra Private Limited is compared with the 4 companies closest to it by revenue in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pritam Electricals & Electronics Private Limited | ₹264.2 Cr (FY 2025) | 30.0% | Kolkata, West Bengal, India | |||
| GM Elektra Private Limitedthis company | ₹259.44 Cr (FY 2025) | -₹8.37 Cr | -3.2% | 18.0% | 158 | Mumbai, Maharashtra, India |
| Krivi Energy Private Limited | ₹258.45 Cr (FY 2025) | 56.0% | Mumbai, Maharashtra, India | |||
| Grand Prospect International Communication Private Limited | ₹257.5 Cr (FY 2020) | 20.0% | Solan, Himachal Pradesh, India | |||
| Sargam Ventures Private Limited | ₹254.49 Cr (FY 2025) | 29.0% | Guwahati, Assam, India |
To see the full peer comparison of GM Elektra Private Limited, buy the company report.
Auditor
GM Elektra Private Limited is audited by Banshi Jain & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Banshi Jain & Associates | FY 2023 | 100990W |
Shareholding
The shareholding of GM Elektra Private Limited is on record for 4 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | 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 GM Elektra Private Limited, buy the company report.
Charges & borrowings
Open charges
₹45 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2022 | 100533560 | Hdfc Bank Limited | ₹30 Cr | Open | |
| 17 Feb 2021 | 100446447 | Others | ₹15 Cr | Open |
To see the full charge records of GM Elektra Private Limited, buy the company report.
Total charge records: 2 View all charges
Deals & funding
GM Elektra Private Limited has 1 deal on record (1 rights issue); the latest was in December 2018.
Total deals
1
Rights issue
1
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2018 | Rights issue | ₹20.06 Cr | Investors: Almas Capital, 3 individuals |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
GM Elektra Private Limited has 30 court cases on record: 30 filed by GM Elektra. All cases are pending.
Total cases
30
Filed by the company
30
Pending
30
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 30 | 0 | 30 |
Cases on record (5 of 30)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against Vanshul Electricals LLP | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against an individual | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against National Trading Co | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against an individual | Pending |
To see the full case history of GM Elektra 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 GM Elektra Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
GM Elektra Private Limited has a workforce of 158 employees on its EPFO records as of Apr 03, 2024, across 1 active EPFO establishment.
Employee count
158
Active EPFO establishments
1
Employee growth
23.44%
GST
GM Elektra has 10 GST registrations: 10 active. The first 4 active GSTINs are listed below.
Total GSTINs
10
Active
10
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAHCG4941J1ZC | Maharashtra | Active | 20 Dec 2018 |
| 36AAHCG4941J1ZD | Telangana | Active | 09 Nov 2018 |
| 09AAHCG4941J1ZA | Uttar Pradesh | Active | 27 Nov 2019 |
| 08AAHCG4941J1ZC | Rajasthan | Active | 20 Oct 2020 |
To see the full GST registrations and return filing status of GM Elektra Private Limited, buy the company report.
Recent activity
GM Elektra Private Limited has 6 board changes on record since 2018: 4 appointments and 2 cessations. The latest: Chirag Rakesh Chopra ceased to be Additional Director on 29 Sep 2023.
AGM
Gm Elektra Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Gm Elektra Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.
Ceased
Chirag Rakesh Chopra ceased to be Additional Director.
Appointed
Chirag Rakesh Chopra was appointed as Director.
Charges
A charge with Others of Rs. 15.00 Cr registered on 17 Feb 2021 with Charge ID 100446447 was modified on 05 Feb 2022.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 30.00 Cr with Charge ID 100533560 was registered on 29 Jan 2022.
Charges
A charge with Others amounted to Rs. 15.00 Cr with Charge ID 100446447 was registered on 17 Feb 2021.
Ceased
Rakesh Chopra Futarmal ceased to be Additional Director.
Appointed
Jayantilal Otmal Jain was appointed as Director.
Appointed
Kumarpal Babulal Banda was appointed as Director.
Appointed
Ramesh Kumar Jain was appointed as Director.
Incorporation
24 Sep 2018
Gm Elektra Private Limited was registered on 24 Sep 2018 with Roc Mumbai & aged 8 years 30 days as per MCA records.
Frequently asked questions
GM Elektra is an active private limited company based in Mumbai, Maharashtra, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 24 September 2018 (8+ years old) and is registered under CIN U31109MH2018PTC314611.
GM Elektra has 4 current directors:
- Chirag Rakesh Chopra - Director
- Kumarpal Babulal Banda - Director
- Jayantilal Otmal Jain - Director
- Ramesh Kumar Jain - Director
The latest financial statements of GM Elektra 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 FY 2019 are in the company report.
The GSTIN of GM Elektra is 27AAHCG4941J1ZC, registered in Maharashtra. The company has 10 GST registrations in all, of which 10 are active. Other active GSTINs include 36AAHCG4941J1ZD (Telangana), 09AAHCG4941J1ZA (Uttar Pradesh), 08AAHCG4941J1ZC (Rajasthan).
The CIN (Corporate Identification Number) of GM Elektra is U31109MH2018PTC314611. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GM Elektra has 30 court cases on record: 30 filed by the company. 30 are pending.
GM Elektra was incorporated on 24 September 2018, making it 8+ years old. It is registered with the Registrar of Companies, Mumbai.
GM Elektra has 1 deal on record (1 rights issue); the latest was in December 2018.
The peers of GM Elektra by revenue are Pritam Electricals & Electronics Private Limited, Krivi Energy Private Limited, Grand Prospect International Communication Private Limited, Sargam Ventures Private Limited, all in the Consumer Durables industry (Electronic Appliances Retail and Distribution), with the same principal business activity (wholesale trading).
Chirag Rakesh Chopra ceased to be Additional Director on 29 Sep 2023. Chirag Rakesh Chopra was appointed as Director on 03 Dec 2022. Rakesh Chopra Futarmal ceased to be Additional Director on 30 Sep 2019. GM Elektra has 6 board changes on record in total.
Yes, GM Elektra is registered as a medium enterprise under Udyam registration (number: UDYAM-MH-18-0090284).