About GM Sugar and Energy Limited
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GM Sugar and Energy Limited is a public limited company based in Bangalore, Karnataka, India. It operates in the sugar processing segment of the agriculture sector. It was incorporated on 27 November 2007 and has been in existence for over 19 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U15421KA2007PLC044487. Its GSTIN is 29AADCG0302P1ZL (Karnataka). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹60 Cr and a paid-up capital of ₹58.49 Cr. It was formerly known as Gm Sugar and Energy Private Limited. It is led by directors including Yaragenahalli Siddabasappa Nataraju (Whole-Time Director) and Gowdara Siddesh Anith Kumar.
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 #22 Pamadi Towers 1st Main Road Gandhi Nagar, Bangalore, Karnataka, India – 560006.
As per the financials filed for FY 2025, the company reported a revenue of ₹260.76 Cr, a growth of 5% compared to the previous year. For the same year it recorded a net profit of ₹4.86 Cr (net margin 1.9%) and EBITDA of ₹62.18 Cr (EBITDA margin 23.8%). Revenue has grown at a compounded annual rate (CAGR) of 10% over three years and 15% over five years.
As per MCA filings, the company has open charges of ₹600.55 Cr and satisfied charges of ₹313.12 Cr on record. Court records list 20 cases involving the company, including 8 filed by the company and 12 filed against it; 9 cases are pending. The company has 14 deals on record (8 funding rounds, 6 secondary share transfers), with disclosed funding of ₹92.88 Cr; the latest was in March 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gmsugars.com.
Company details
CIN history
GM Sugar and Energy has one previous CIN (Corporate Identification Number): U15421KA2007PTC044487. The current CIN is U15421KA2007PLC044487, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U15421KA2007PLC044487 | Current |
| U15421KA2007PTC044487 | Previous |
Contact details
GM Sugar and Energy Limited's registered office is in Bangalore, Karnataka. Its website is gmsugars.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address#22 Pamadi Towers 1st Main Road Gandhi Nagar, Bangalore, Karnataka, India – 560006
- IndustryAgriculture, Sugar Processing
To see the full contact details of GM Sugar and Energy 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 Sugar and Energy is electricity, gas, steam and air condition supply. In detail, this covers electric power generation, transmission and distribution.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D1 | Electric power generation, transmission and distribution |
To see the full business activity and turnover split of GM Sugar and Energy Limited, buy the company report.
Financials of GM Sugar and Energy Limited
FY 2024 filings availableGM Sugar and Energy Limited reported revenue of ₹260.76 Cr (up 5% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 15% over five years, including 5% growth in the latest year. EBITDA rose 74% 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 | ₹62.18 Cr | ||||
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| Net Profit (PAT) | ₹4.86 Cr | ||||
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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 | 23.8% | ||||
| Net Profit Margin | 1.9% | ||||
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To see the full financial statements and ratios of GM Sugar and Energy Limited, buy the company report.
Board of directors of GM Sugar and Energy Limited
GM Sugar and Energy has 4 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gowdara Siddesh Anith Kumar Also directs: Gem Laboratories Private Limited, GM SPL Infra Developers Private Limited, Palika Hotels Private Limited and 5 more | Director | 27 Nov 2007 | 18 Years 11 Months | Current |
| Rajiv Gowdara Lingaraju | Director | 29 Apr 2022 | 4 Years 6 Months | Current |
| Prasanna Kumar Mallikarjunappa Gowdara Also directs: Gem Laboratories Private Limited, GM SPL Infra Developers Private Limited, Palika Hotels Private Limited and 5 more | Director | 27 Nov 2007 | 18 Years 11 Months | Current |
| Yaragenahalli Siddabasappa Nataraju | Whole-Time Director | 10 Oct 2012 | 14 Years 1 Months | Current |
Auditor
GM Sugar and Energy Limited is audited by P CHANDRASEKAR LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P CHANDRASEKAR LLP | FY 2023 | 000580S |
Shareholding
The shareholding of GM Sugar and Energy Limited is on record for 5 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 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of GM Sugar and Energy Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Sep 2025 | 101159848 | Others | ₹85 Cr | Open | |
| 24 Mar 2022 | 100550830 | Others | ₹318 Cr | Open | |
| 24 Mar 2022 | 100550839 | Others | ₹31 Cr | Open | |
| 04 Feb 2022 | 100540802 | Others | ₹9.6 Cr | Open | |
| 22 Dec 2020 | 100404882 | Others | ₹16.95 Cr | Open |
To see the full charge records of GM Sugar and Energy Limited, buy the company report.
Total charge records: 17 View all charges
Deals & funding
GM Sugar and Energy Limited has 14 deals on record (8 funding rounds, 6 secondary share transfers), with disclosed funding of ₹92.88 Cr; the latest was in March 2024.
Deals on record (5 of 14)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Star Switch Controls Private Limited Seller: an individual |
| Mar 2020 | Secondary share transfer | Undisclosed | Buyer: Star Switch Controls Private Limited Seller: an individual |
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Star Switch Controls Private Limited , 3 individuals Seller: 4 individuals |
| Mar 2017 | Funding round | ₹9.69 Cr | Investors: Star Switch Controls Private Limited , an individual |
| Mar 2011 | Funding round | ₹9.15 Cr | Investors: 4 individuals |
To see the full deal history of GM Sugar and Energy Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
GM Sugar and Energy Limited has 20 court cases on record: 8 filed by GM Sugar and Energy, 12 filed against it. 9 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 6 | 5 |
| District courts | 5 | 5 | 3 |
| NCLAT | 1 | 1 | 1 |
Cases on record (5 of 20)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Karnataka | Writ petition | Filed by the company against Bharat Petroleum Corporation Limited and 1 other | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Hindustan Petroleum Corporation Limited and 1 other | Pending |
| High Court of Karnataka | Writ petition | Filed by the company against Indian Oil Corporation Limited and 1 other | Pending |
| High Court | Writ petition | Filed by the company against Regional Load Dispatch Center Managered by Grid Controller of India Limited and 2 others | Pending |
| High Court, KARNATAKA | Writ petition | Filed by the company against M/S Bharat Petroleum Corporation Ltd Bharat Bhavan and 5 others | Disposed |
To see the full case history of GM Sugar and Energy 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 Sugar and Energy Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
GM Sugar and Energy has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AADCG0302P1ZL | Karnataka | Active | 01 Jul 2017 |
| 29AADCG0302P2ZK | Karnataka | Active | 24 Feb 2022 |
To see the full GST registrations and return filing status of GM Sugar and Energy Limited, buy the company report.
Recent activity
GM Sugar and Energy Limited has 9 board changes on record since 2007: 4 appointments and 5 cessations. The latest: Rajiv Gowdara Lingaraju was appointed as Director on 29 Apr 2022.
31 earlier events are in the company report.
Frequently asked questions
GM Sugar and Energy is an active public limited company based in Bangalore, Karnataka, India. The company works in sugar processing, within the agriculture industry. It was incorporated on 27 November 2007 (19+ years old) and is registered under CIN U15421KA2007PLC044487.
GM Sugar and Energy has 4 current directors:
- Yaragenahalli Siddabasappa Nataraju - Whole-Time Director
- Gowdara Siddesh Anith Kumar - Director
- Rajiv Gowdara Lingaraju - Director
- Prasanna Kumar Mallikarjunappa Gowdara - Director
The latest financial statements of GM Sugar and Energy 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 Sugar and Energy is 29AADCG0302P1ZL, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 29AADCG0302P2ZK (Karnataka).
The CIN (Corporate Identification Number) of GM Sugar and Energy is U15421KA2007PLC044487. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GM Sugar and Energy has 20 court cases on record: 8 filed by the company and 12 filed against it. 9 are pending. Most are in the high courts.
GM Sugar and Energy was incorporated on 27 November 2007, making it 19+ years old. It is registered with the Registrar of Companies, Bangalore.
GM Sugar and Energy has 14 deals on record (8 funding rounds, 6 secondary share transfers), with disclosed funding of ₹92.88 Cr; the latest was in March 2024.
Rajiv Gowdara Lingaraju was appointed as Director on 29 Apr 2022. Yaragenahalli Siddabasappa Nataraju ceased to be Director on 23 Sep 2019. Lingaraju Gowda Mallikarjunappa ceased to be Director on 18 Sep 2019. GM Sugar and Energy has 9 board changes on record in total.
GM Sugar and Energy can be reached through the website gmsugars.com. Its registered office is in Bangalore, Karnataka, India.
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