MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0067816
G.S. Gears India Private Limited
G.S. Gears India Private Limited - machinery and equipment in Bengaluru, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹15.6 Cr
▼ 13% YoY
Net profit · FY 2025
₹14.03 Lakh
Net margin 0.9%
EBITDA · FY 2025
₹2.05 Cr
EBITDA margin 13.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Open charges
₹12.27 Cr
Satisfied ₹2.38 Cr
Company age
22 yrs
Est. 2004
Employees · EPFO
30
Provident fund records
About G.S. Gears India Private Limited
Data last updated:
G.S. Gears India Private Limited is a private limited company based in Bengaluru, Karnataka, India. It operates in the industrial tools and components segment of the machinery and industrial equipment sector. It was incorporated on 01 June 2004 and has been in existence for over 22 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U29223KA2004PTC034061. Its GSTIN is 29AACCG4251E1ZT (Karnataka).
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Lalitha T L and Mudalappamudalgiriyappa Giri.
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 Plot No. 119 7th Main Road 3rd Phase Peenya Industrial Area, Bengaluru, Karnataka, India – 560058.
As per the financials filed for FY 2025, the company reported a revenue of ₹15.6 Cr, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹14.03 Lakh (net margin 0.9%) and EBITDA of ₹2.05 Cr (EBITDA margin 13.1%). Revenue has grown at a compounded annual rate (CAGR) of 5% over three years and 14% over five years.
The company has about 30 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹12.27 Cr and satisfied charges of ₹2.38 Cr on record. Court records list 2 cases involving the company, including 1 filed by the company and 1 filed against it; 1 case is pending.
G.S. Gears India Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0067816). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U29223KA2004PTC034061
Registration Number 034061
Incorporation Date 01 June 2004
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-KR-03-0067816
Recognitions & Rankings of G.S. Gears India
Contact details
G.S. Gears India Private Limited's registered office is in Bengaluru, Karnataka. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 119 7th Main Road 3rd Phase Peenya Industrial Area, Bengaluru, Karnataka, India – 560058
- IndustryMachinery and Equipment, Industrial Tools & Components
To see the full contact details of G.S. Gears India Private Limited, buy the company report.
Comprehensive company report
G.S. Gears India 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of G.S. Gears India is manufacturing. In detail, this covers metal and metal products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C7 | Metal and metal products |
To see the full business activity and turnover split of G.S. Gears India Private Limited, buy the company report.
Financials of G.S. Gears India Private Limited
FY 2024 filings availableG.S. Gears India Private Limited reported revenue of ₹15.6 Cr (down 13% YoY) for FY 2025.
Revenue · FY 2025
₹15.6 Cr ▼ 13%
Net profit · FY 2025
₹14.03 Lakh margin 0.9%
EBITDA · FY 2025
₹2.05 Cr margin 13.1%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 13%
3 years · compounded
▲ 5%
5 years · compounded
▲ 14%
EBITDA CAGR growth
1 year
▲ 3%
3 years · compounded
▲ 7%
5 years · compounded
▲ 6%
Revenue fell 13% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 14%. EBITDA rose 3% 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 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹2.05 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.03 Lakh | ||||
| 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 13.1% | ||||
| Net Profit Margin | 0.9% | ||||
| 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 G.S. Gears India Private Limited, buy the company report.
Board of directors of G.S. Gears India Private Limited
G.S. Gears India has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Lalitha T L | Director | 12 May 2005 | 21 Years 5 Months | Current |
| Mudalappamudalgiriyappa Giri | Director | 01 Jun 2004 | 22 Years 5 Months | Current |
Peer comparison
G.S. Gears India Private Limited is compared with the 4 companies closest to it by revenue in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Moksh Precision Engineering Private Limited | ₹15.62 Cr (FY 2024) | 30.0% | Mumbai, Maharashtra, India | |||
| G.S. Gears India Private Limitedthis company | ₹15.6 Cr (FY 2025) | ₹14.03 Lakh | 0.9% | -13.0% | Bengaluru, Karnataka, India | |
| Nutech Sintered Products Private Limited | ₹15.6 Cr (FY 2024) | -3.0% | Mumbai, Maharashtra, India | |||
| Pasupaty Springs Private Limited | ₹15.56 Cr (FY 2024) | 6.0% | New Delhi, Delhi, India | |||
| Kosei Minda Mould Private Limited | ₹15.56 Cr (FY 2024) | 21.0% | Delhi, India |
To see the full peer comparison of G.S. Gears India Private Limited, buy the company report.
Auditor
G.S. Gears India Private Limited is audited by ABS&Co for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ABS&Co | FY 2023 | 008203S |
Shareholding
The shareholding of G.S. Gears India Private 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 G.S. Gears India Private Limited, buy the company report.
Charges & borrowings
Open charges
₹12.27 Cr
Satisfied charges
₹2.38 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jun 2024 | 100947435 | Others | ₹62.36 Lakh | Open | |
| 26 Mar 2024 | 100897782 | Others | ₹74.66 Lakh | Open | |
| 08 Nov 2023 | 100834582 | Others | ₹60 Lakh | Open | |
| 27 Sep 2023 | 100799053 | Others | ₹8 Cr | Open | |
| 08 Aug 2023 | 100845688 | Canara Bank | ₹30 Lakh | Open |
To see the full charge records of G.S. Gears India Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
G.S. Gears India Private Limited has 2 court cases on record: 1 filed by G.S. Gears India, 1 filed against it. 1 case is pending and 1 is disposed.
Total cases
2
Filed by the company
1
Filed against the company
1
Pending
1
Disposed
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 2 | 1 | 1 |
Cases on record (2 of 2)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU RURAL, Karnataka | Civil suit | Filed against the company by an individual | Pending |
| District court, BENGALURU, Karnataka | Civil suit | Filed by the company against an individual | Disposed |
To see the full case history of G.S. Gears India 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 G.S. Gears India Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
G.S. Gears India has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AACCG4251E1ZT | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of G.S. Gears India Private Limited, buy the company report.
Recent activity
G.S. Gears India Private Limited has 2 board changes on record since 2004: 2 appointments. The latest: Lalitha T L was appointed as Director on 12 May 2005.
AGM
G.S. Gears India Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Charges
A charge with Others amounted to Rs. 62.36 Lakh with Charge ID 100947435 was registered on 29 Jun 2024.
Filing
G.S. Gears India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Others amounted to Rs. 74.66 Lakh with Charge ID 100897782 was registered on 26 Mar 2024.
Charges
A charge registered on 03 Mar 2011 via Charge ID 10268784 with Karnataka State Financial Corporation was fully satisfied on 26 Mar 2024.
Charges
A charge registered on 14 Aug 2017 via Charge ID 100117169 with Canara Bank was fully satisfied on 02 Dec 2023.
Charges
A charge registered on 13 Jun 2016 via Charge ID 100035747 with Canara Bank was fully satisfied on 02 Dec 2023.
Charges
A charge registered on 17 Oct 2013 via Charge ID 10465218 with Canara Bank was fully satisfied on 02 Dec 2023.
Charges
A charge with Canara Bank of Rs. 200.00 Lakh registered on 22 Nov 2005 with Charge ID 80049997 was modified on 02 Dec 2023.
Charges
A charge with Others amounted to Rs. 60.00 Lakh with Charge ID 100834582 was registered on 08 Nov 2023.
Charges
A charge with Others amounted to Rs. 800.00 Lakh with Charge ID 100799053 was registered on 27 Sep 2023.
Charges
A charge with Canara Bank amounted to Rs. 30.00 Lakh with Charge ID 100845688 was registered on 08 Aug 2023.
11 earlier events are in the company report.
Frequently asked questions
G.S. Gears India is an active private limited company based in Bengaluru, Karnataka, India. The company works in industrial tools and components, within the machinery and equipment industry. It was incorporated on 01 June 2004 (22+ years old) and is registered under CIN U29223KA2004PTC034061.
G.S. Gears India has 2 current directors:
- Lalitha T L - Director
- Mudalappamudalgiriyappa Giri - Director
The latest financial statements of G.S. Gears India 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 G.S. Gears India is 29AACCG4251E1ZT, registered in Karnataka.
The CIN (Corporate Identification Number) of G.S. Gears India is U29223KA2004PTC034061. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
G.S. Gears India has 2 court cases on record: 1 filed by the company and 1 filed against it. 1 is pending.
G.S. Gears India was incorporated on 01 June 2004, making it 22+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of G.S. Gears India by revenue are Moksh Precision Engineering Private Limited, Nutech Sintered Products Private Limited, Pasupaty Springs Private Limited, Kosei Minda Mould Private Limited, all in the Machinery and Equipment industry (Tools and Components), with the same principal business activity (metal and metal products).
Lalitha T L was appointed as Director on 12 May 2005. Mudalappamudalgiriyappa Giri was appointed as Director on 01 Jun 2004.
Yes, G.S. Gears India is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0067816).
The registered office of G.S. Gears India is at Plot No. 119 7th Main Road 3rd Phase Peenya Industrial Area, Bengaluru, Karnataka, India – 560058.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages