- Udyam number
- UDYAM-DL-08-0005155

About G.S.T.Corporation Limited
Data last updated:
G.S.T.Corporation Limited is a public limited company based in New Delhi, Delhi, India. It operates in the medical and laboratory equipment segment of the healthcare sector. It was incorporated on 04 May 2012 and has been in existence for over 14 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U33119DL2012PLC235348. Its GSTIN is 06AAECG7311F1ZY (Haryana). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹8.5 Cr and a paid-up capital of ₹8.34 Cr. It is led by directors including Manu Grover (Managing Director) and Aryan Grover.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B – 13 Okhla Industrial Area Phase – II New Delhi, Delhi, India – 110020.
As per the financials filed for FY 2025, the company reported a revenue of ₹189.42 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹64 Lakh (net margin 0.3%) and EBITDA of ₹4.5 Cr (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 24% over three years and 29% over five years.
The company has about 32 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹54.54 Cr and satisfied charges of ₹27.74 Cr on record. Court records list 16 cases involving the company, including 13 filed by the company and 3 filed against it; 12 cases are pending. The company has 9 deals on record (7 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in January 2022. Its 4 peer companies in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities) are compared by revenue, 2 larger and 2 smaller; the largest is Skanray Technologies Limited with revenue of ₹213.3 Cr. The company has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier.
G.S.T.Corporation Limited is registered as an MSME under the Udyam registration framework (Reg. No. UDYAM-DL-08-0005155). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gstc.com.
Company details
Recognitions & Rankings of G.S.T.Corporation
Contact details
G.S.T.Corporation Limited's registered office is in New Delhi, Delhi. Its website is gstc.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressB – 13 Okhla Industrial Area Phase – II New Delhi, Delhi, India – 110020
- IndustryHealthcare, Medical & Laboratory Equipment
To see the full contact details of G.S.T.Corporation 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 activities of G.S.T.Corporation are manufacturing and trade. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of G.S.T.Corporation Limited, buy the company report.
Financials of G.S.T.Corporation Limited
FY 2025 filings availableG.S.T.Corporation Limited reported revenue of ₹189.42 Cr (up 8% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 29% over five years, including 8% growth in the latest year. EBITDA fell 12% 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 | ₹4.5 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹64 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 | 2.4% | ||||
| Net Profit Margin | 0.3% | ||||
| 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.T.Corporation Limited, buy the company report.
Board of directors of G.S.T.Corporation Limited
G.S.T.Corporation has 3 current directors and 12 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Aryan Grover | Director | 16 Nov 2020 | 5 Years 11 Months | Current |
| Deeksha Grover | Director | 25 Nov 2019 | 6 Years 11 Months | Current |
| Manu Grover | Managing Director | 04 May 2012 | 14 Years 6 Months | Current |
Peer comparison
G.S.T.Corporation Limited is compared with the 4 companies closest to it by revenue in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Skanray Technologies Limited | ₹213.3 Cr (FY 2025) | -22.0% | Mysore, Karnataka, India | |||
| Innovation Imaging Technologies Private Limited | ₹194.54 Cr (FY 2024) | 32.0% | Bangalore, Karnataka, India | |||
| G.S.T.Corporation Limitedthis company | ₹189.42 Cr (FY 2025) | ₹64 Lakh | 0.3% | 8.0% | 32 | New Delhi, Delhi, India |
| Opto Circuits (India) Limited | ₹185.96 Cr (FY 2020) | -28.0% | Bangalore, Karnataka, India | |||
| Ascent Meditech Limited | ₹183.09 Cr (FY 2025) | -12.0% | Dungri, Gujarat, India |
To see the full peer comparison of G.S.T.Corporation Limited, buy the company report.
Auditor
G.S.T.Corporation Limited is audited by S. Agarwal & Co. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S. Agarwal & Co. | FY 2023 | 000808N |
Shareholding
The shareholding of G.S.T.Corporation 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.T.Corporation Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 07 Jul 2025 | 101137390 | Indian Overseas Bank | ₹8.75 Lakh | Open | |
| 18 Jul 2024 | 100959961 | The South Indian Bank Limited | ₹39 Lakh | Open | |
| 31 May 2024 | 100925667 | Others | ₹6.69 Cr | Open | |
| 01 Nov 2023 | 100819666 | Indian Overseas Bank | ₹10 Lakh | Open | |
| 27 Oct 2022 | 100645168 | Hdfc Bank Limited | ₹16.75 Cr | Open |
To see the full charge records of G.S.T.Corporation Limited, buy the company report.
Total charge records: 21 View all charges
Deals & funding
G.S.T.Corporation Limited has 9 deals on record (7 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in January 2022.
Deals on record (5 of 9)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| Jul 2021 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: 2 individuals |
| May 2021 | Secondary share transfer | Undisclosed | Buyer: 3 individuals Seller: an individual |
| Oct 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
| Sep 2019 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: an individual |
To see the full deal history of G.S.T.Corporation 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
G.S.T.Corporation Limited has 16 court cases on record: 13 filed by G.S.T.Corporation, 3 filed against it. 12 cases are pending and 4 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 3 | 11 |
| High courts | 2 | 0 | 1 |
Cases on record (5 of 16)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Shahdara, Delhi | Court case (Civ Suit) | Filed against the company by SN Packing Products LLP | Pending |
| District court, South East, Delhi | Commercial suit | Filed by the company against DCN Global Exhibitions Pvt. Ltd. | Pending |
| District court, South East, Delhi | Criminal case | Filed by the company against Aarju Aircon Appliances Private Limited | Pending |
| District court, South, Delhi | Criminal case | Filed by the company against DLF Universal Ltd. and 2 others | Pending |
| District court, Gurugram, Haryana | Execution petition | Filed against the company by M/S A Hartrodt India Pvt Ltd | Disposed |
To see the full case history of G.S.T.Corporation 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
G.S.T.Corporation Limited has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (1 of 1)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| H.R.Scientific Works |
To see the full MSME payment records of G.S.T.Corporation Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
G.S.T.Corporation has 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
G.S.T.Corporation Limited has a workforce of 32 employees on its EPFO records as of Jun 27, 2024, across 1 active EPFO establishment.
GST
G.S.T.Corporation has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAECG7311F1ZY | Haryana | Active | 01 Jul 2017 |
| 09AAECG7311F1ZS | Uttar Pradesh | Active | 01 Jul 2017 |
| 09AAECG7311F2ZR | Uttar Pradesh | Active | 17 Mar 2021 |
To see the full GST registrations and return filing status of G.S.T.Corporation Limited, buy the company report.
Recent activity
G.S.T.Corporation Limited has 12 board changes on record since 2012: 3 appointments and 9 cessations. The latest: Aryan Grover ceased to be Additional Director on 28 Dec 2020.
33 earlier events are in the company report.
Frequently asked questions
G.S.T.Corporation is an active public limited company based in New Delhi, Delhi, India. The company works in medical and laboratory equipment, within the healthcare industry. It was incorporated on 04 May 2012 (14+ years old) and is registered under CIN U33119DL2012PLC235348.
G.S.T.Corporation has 3 current directors:
- Manu Grover - Managing Director
- Aryan Grover - Director
- Deeksha Grover - Director
The latest financial statements of G.S.T.Corporation on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of G.S.T.Corporation is 06AAECG7311F1ZY, registered in Haryana. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 09AAECG7311F1ZS (Uttar Pradesh), 09AAECG7311F2ZR (Uttar Pradesh).
The CIN (Corporate Identification Number) of G.S.T.Corporation is U33119DL2012PLC235348. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
G.S.T.Corporation has 16 court cases on record: 13 filed by the company and 3 filed against it. 12 are pending. Most are in the district courts.
G.S.T.Corporation was incorporated on 04 May 2012, making it 14+ years old. It is registered with the Registrar of Companies, Delhi.
G.S.T.Corporation has 9 deals on record (7 secondary share transfers, 1 rights issue, 1 funding round), with disclosed funding of ₹50 Lakh; the latest was in January 2022.
The peers of G.S.T.Corporation by revenue are Skanray Technologies Limited, Innovation Imaging Technologies Private Limited, Opto Circuits (India) Limited, Ascent Meditech Limited, all in the Healthcare industry (Medical and Laboratory Equipment), with the same principal business activity (other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities).
Aryan Grover ceased to be Additional Director on 28 Dec 2020. Deeksha Grover ceased to be Additional Director on 28 Dec 2020. Aryan Grover was appointed as Director on 16 Nov 2020. G.S.T.Corporation has 12 board changes on record in total.
Yes, G.S.T.Corporation is registered as an MSME under Udyam registration (number: UDYAM-DL-08-0005155).
G.S.T.Corporation has 2 MSME Form 1 returns on record for the period ending Mar 2019, listing 2 overdue payments to 1 micro and small supplier. The latest return was filed on 08 Jun 2019.

