- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-20-0062263

GM Power Traders Private Limited
About GM Power Traders Private Limited
Data last updated:
GM Power Traders Private Limited is a private limited company based in Rajkot, Gujarat, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 12 December 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51900GJ2019PTC111384. Its GSTIN is 24AAICG1264F1ZW (Gujarat).
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors including Laxman Gangaramani and Sunita Bharat Gangaramani.
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 Rajkot, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹13.83 Cr, a growth of 44% compared to the previous year. For the same year it recorded a net profit of ₹6.85 Lakh (net margin 0.5%) and EBITDA of ₹20.42 Lakh (EBITDA margin 1.5%). Revenue has grown at a compounded annual rate (CAGR) of 47% over three years and 117% over five years.
As per MCA filings, the company has open charges of ₹40 Lakh on record.
GM Power Traders Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-20-0062263).
Company details
Recognitions & Rankings of GM Power Traders
Contact details
GM Power Traders Private Limited's registered office is in Rajkot, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressF – 106 R. S. No. 300 – 301 Pl No. 2A Paiki Pl No. 2A/1 Sahkar Co Op Ho. Soc. Pipaliya Ha, Ll Chowk, Rajkot, Gujarat, India – 360002
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of GM Power Traders 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 Power Traders 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 Power Traders Private Limited, buy the company report.
Financials of GM Power Traders Private Limited
FY 2024 filings availableGM Power Traders Private Limited reported revenue of ₹13.83 Cr (up 44% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 117% over five years, including 44% growth in the latest year. EBITDA rose 83% 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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| EBITDA | ₹20.42 Lakh | ||||
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| Net Profit (PAT) | ₹6.85 Lakh | ||||
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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 | 1.5% | ||||
| Net Profit Margin | 0.5% | ||||
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To see the full financial statements and ratios of GM Power Traders Private Limited, buy the company report.
Board of directors of GM Power Traders Private Limited
GM Power Traders has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Laxman Gangaramani | Director | 30 Mar 2021 | 5 Years 7 Months | Current |
| Sunita Bharat Gangaramani | Director | 06 Apr 2022 | 4 Years 6 Months | Current |
| Prashant Vijaybhai Mehta | Director | 23 Apr 2022 | 4 Years 6 Months | Current |
| Nitin Bhikhubhai Mehta | Director | 12 Dec 2019 | 6 Years 10 Months | Current |
Peer comparison
GM Power Traders Private Limited is compared with the 10 companies closest to it by revenue in 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 |
|---|---|---|---|---|---|---|
| Laffans Petrochemicals Limited | ₹13.84 Cr (FY 2025) | -2.0% | Ankleshwar, Gujarat, India | |||
| Richmond Life Sciences Private Limited | ₹13.84 Cr (FY 2024) | 36.0% | Lucknow, Uttar Pradesh, India | |||
| Crestt Innotech Private Limited | ₹13.84 Cr (FY 2025) | 30.0% | Dashrath, Gujarat, India | |||
| Sanjay Bonny Forge Private Limited | ₹13.84 Cr (FY 2025) | 27.0% | Mumbai, Maharashtra, India | |||
| Penta Lube Private Limited | ₹13.84 Cr (FY 2024) | 20.0% | Delhi, India | |||
| GM Power Traders Private Limitedthis company | ₹13.83 Cr (FY 2025) | ₹6.85 Lakh | 0.5% | 44.0% | Rajkot, Gujarat, India | |
| Balbeera Private Limited | ₹13.83 Cr (FY 2024) | 54.0% | Dhanbad, Jharkhand, India | |||
| Omar Mondal Dal & Spices Private Limited | ₹13.83 Cr (FY 2025) | 9.0% | Kolkata, West Bengal, India | |||
| Macros Fastening Systems Private Limited | ₹13.83 Cr (FY 2025) | 8.0% | Kolkata, West Bengal, India | |||
| W R T Sales and Services Private Limited | ₹13.83 Cr (FY 2025) | 38.0% | Mumbai, Maharashtra, India | |||
| Lalbhai Industries Private Limited | ₹13.83 Cr (FY 2025) | 23.0% | Ahmedabad, Gujarat, India |
To see the full peer comparison of GM Power Traders Private Limited, buy the company report.
Auditor
GM Power Traders Private Limited is audited by VEKARIYA BABARIYA & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| VEKARIYA BABARIYA & ASSOCIATES | FY 2023 | 133839W |
Shareholding
The shareholding of GM Power Traders Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of GM Power Traders Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jun 2023 | 100729840 | State Bank of India | ₹40 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving GM Power Traders 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 Power Traders Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
GM Power Traders has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICG1264F1ZW | Gujarat | Active | 27 Dec 2019 |
To see the full GST registrations and return filing status of GM Power Traders Private Limited, buy the company report.
Recent activity
GM Power Traders Private Limited has 5 board changes on record since 2019: 4 appointments and 1 cessation. The latest: Prashant Vijaybhai Mehta was appointed as Director on 23 Apr 2022.
Frequently asked questions
GM Power Traders is an active private limited company based in Rajkot, Gujarat, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 12 December 2019 (7+ years old) and is registered under CIN U51900GJ2019PTC111384.
GM Power Traders has 4 current directors:
- Laxman Gangaramani - Director
- Sunita Bharat Gangaramani - Director
- Prashant Vijaybhai Mehta - Director
- Nitin Bhikhubhai Mehta - Director
The latest financial statements of GM Power Traders 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 2020 are in the company report.
The GSTIN of GM Power Traders is 24AAICG1264F1ZW, registered in Gujarat.
The CIN (Corporate Identification Number) of GM Power Traders is U51900GJ2019PTC111384. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GM Power Traders was incorporated on 12 December 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of GM Power Traders by revenue are Laffans Petrochemicals Limited, Richmond Life Sciences Private Limited, Crestt Innotech Private Limited, Sanjay Bonny Forge Private Limited, Penta Lube Private Limited and 5 more, all in the same principal business activity (wholesale trading).
Prashant Vijaybhai Mehta was appointed as Director on 23 Apr 2022. Sunita Bharat Gangaramani was appointed as Director on 06 Apr 2022. Laxman Gangaramani was appointed as Director on 30 Mar 2021. GM Power Traders has 5 board changes on record in total.
Yes, GM Power Traders is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-20-0062263).
The registered office of GM Power Traders is at F – 106 R. S. No. 300 – 301 Pl No. 2A Paiki Pl No. 2A1 Sahkar Co Op Ho. Soc. Pipaliya Ha, Ll Chowk, Rajkot, Gujarat, India – 360002.
GM Power Traders operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.

