Go Go Trends Private Limited
About Go Go Trends Private Limited
Data last updated:
Go Go Trends Private Limited was a private limited company based in Bangalore, Karnataka, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the textile and fabric production segment of the manufacturing sector. It was incorporated on 09 August 1984.
The company was registered with the Registrar of Companies (ROC), Bangalore, under CIN U85110KA1984PTC006277. Its GSTIN is 29AAACP7897B1Z2 (Karnataka). The company held 2 GST registrations, all of them active.
The company had an authorised share capital of ₹1 Cr and a paid-up capital of ₹1 Cr. It was formerly known as Poornima Electronics Private Limited and Ananda Poornima Apparels Private Limited. It was led by directors Achal Goenka and Rajeev Shyam Sunder Goenka.
Its last annual general meeting (AGM) was held on 19 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at No.5 Khb Industrieal Area Yelahanka New Town, Bangalore, Karnataka, India – 560064.
As per the financials filed for FY 2019, the company reported a revenue of ₹2.82 Cr, a decline of 88% compared to the previous year. For the same year it recorded a net loss of ₹1.09 Cr (net margin -38.5%) and EBITDA of -₹62.68 Lakh (EBITDA margin -22.3%). Revenue has grown at a compounded annual rate (CAGR) of 243% over three years and 91% over five years.
As per MCA filings, the company had open charges of ₹10.41 Cr and satisfied charges of ₹32.61 Cr on record. Court records list 8 cases involving the company, including 8 filed by the company.
Company details
Name history
Go Go Trends has undergone 2 name changes throughout its history. The company was previously known as Poornima Electronics Private Limited, and Ananda Poornima Apparels Private Limited. The current legal name is Go Go Trends Private Limited.
| Company Name | Status |
|---|---|
| Go Go Trends Private Limited | Current |
| Poornima Electronics Private Limited | Previous |
| Ananda Poornima Apparels Private Limited | Previous |
CIN history
Go Go Trends has one previous CIN (Corporate Identification Number): U51311KA1984PTC006277. The current CIN is U85110KA1984PTC006277, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U85110KA1984PTC006277 | Current |
| U51311KA1984PTC006277 | Previous |
Contact details
Go Go Trends Private Limited's registered office is in Bangalore, Karnataka. Its e-mail address is in the company report.
- Email
- Registered AddressNo.5 Khb Industrieal Area Yelahanka New Town, Bangalore, Karnataka, India – 560064
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Go Go Trends 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 Go Go Trends Private Limited
FY 2024 filings availableGo Go Trends Private Limited reported revenue of ₹2.82 Cr (down 88% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue fell 88% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 91%. 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹2.82 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹62.68 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.09 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -22.3% | ||||
| Net Profit Margin | -38.5% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Go Go Trends Private Limited, buy the company report.
Board of directors of Go Go Trends Private Limited
Go Go Trends has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Achal Goenka Also directs: Go Go International Private Limited | Director | 31 Jan 2005 | 21 Years 9 Months | As last reported |
| Rajeev Shyam Sunder Goenka | Director | 31 Jan 2005 | 21 Years 9 Months | As last reported |
Auditor
Go Go Trends Private Limited is audited by P SREENIVASULU & ASSOCIATES for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| P SREENIVASULU & ASSOCIATES | FY 2019 | 010960S |
Shareholding
The shareholding of Go Go Trends Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2018 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of Go Go Trends Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Dec 2018 | 100234446 | Yes Bank Limited | ₹12.8 Cr | Satisfied | |
| 28 Mar 2013 | 10415907 | Others | ₹13.35 Cr | Satisfied | |
| 22 Sep 2006 | 10021579 | Small Industries Development Bank of India | ₹6.46 Cr | Satisfied |
To see the full charge records of Go Go Trends Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Go Go Trends Private Limited has 8 court cases on record: 8 filed by Go Go Trends. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 0 | 0 |
| High courts | 2 | 0 | 0 |
| NCLT | 2 | 0 | 0 |
Cases on record (5 of 8)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLT, Bengaluru | Court case (C.P.(CAA)) | Filed by the company against Registrar of Companies Karnataka | Disposed |
| NCLT, Bengaluru | Court case (C.A.(CAA)) | Filed by the company | Disposed |
| District court, BENGALURU, Karnataka | Execution petition | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
| District court, BENGALURU, Karnataka | Interim or miscellaneous application | Filed by the company against an individual | Disposed |
To see the full case history of Go Go Trends 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 Go Go Trends Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Go Go Trends Private Limited has 1 active EPFO establishment as of Apr 06, 2024.
GST
Go Go Trends has 2 GST registrations: 2 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACP7897B1Z2 | Karnataka | Active | 01 Jul 2017 |
| 33AAACP7897B1ZD | Tamil Nadu | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Go Go Trends Private Limited, buy the company report.
Recent activity
Go Go Trends Private Limited has 5 board changes on record since 2005: 2 appointments and 3 cessations. The latest: Ananthakrishnan Krishnan ceased to be Additional Director on 15 Nov 2019.
4 earlier events are in the company report.
Frequently asked questions
Go Go Trends has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Go Go Trends was a private limited company based in Bangalore, Karnataka, India. The company worked in textile and fabric production, within the manufacturing industry. It was incorporated on 09 August 1984 and is registered under CIN U85110KA1984PTC006277. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Go Go Trends was incorporated on 09 August 1984. It is registered with the Registrar of Companies, Bangalore.
Go Go Trends had 2 directors:
- Achal Goenka - Director
- Rajeev Shyam Sunder Goenka - Director
The CIN (Corporate Identification Number) of Go Go Trends is U85110KA1984PTC006277. 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 Go Go Trends is at No.5 Khb Industrieal Area Yelahanka New Town, Bangalore, Karnataka, India – 560064.
The latest financial statements of Go Go Trends on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 19 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Go Go Trends is 29AAACP7897B1Z2, registered in Karnataka. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAACP7897B1ZD (Tamil Nadu).
Go Go Trends operated in the manufacturing industry, in the textile and fabric production segment.
Go Go Trends has 8 court cases on record: 8 filed by the company. Most are in the district courts.
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