About GTX Private Limited
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GTX Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 07 February 1994 and has been in existence for over 32 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U13999GJ1994PTC021245. Its GSTIN is 24AAACG8612K1ZN (Gujarat).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹4.9 Cr. It was formerly known as Gtx Texzon Private Limited and Gtx Fibertech Private Limited. It is led by directors including Kaushik Manilal Kunadia and Samay Deepakbhai Gondalia.
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 Surat, Gujarat.
As per the financials filed for FY 2025, the company reported a revenue of ₹568.85 Cr, a growth of 2% compared to the previous year. For the same year it recorded a net profit of ₹7.38 Cr (net margin 1.3%) and EBITDA of ₹13.75 Cr (EBITDA margin 2.4%). Revenue has grown at a compounded annual rate (CAGR) of 1% over three years and 3% over five years.
As per MCA filings, the company has open charges of ₹187.18 Cr and satisfied charges of ₹21.05 Cr on record. Court records list 5 cases involving the company, including 2 filed by the company and 3 filed against it; 2 cases are pending. The company has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹3.39 Cr; the latest was in September 2022. Its 6 peer companies in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products) are compared by revenue, 2 larger and 4 smaller; the largest is Creative Textile Mills Private Limited with revenue of ₹581.22 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gokulanand.com.
Company details
Name history
GTX has undergone 5 name changes throughout its history. The current legal name is Gtx Private Limited.
| Company Name | Status |
|---|---|
| GTX Private Limited | Current |
| Gtx Texzon Private Limited | Previous |
| Gtx Fibertech Private Limited | Previous |
| Gtx Industries Private Limited | Previous |
| Gtx Polyzon Private Limited | Previous |
| Gokulanand Texturisers Private Limited | Previous |
CIN history
GTX has one previous CIN (Corporate Identification Number): U17110GJ1994PTC021245. The current CIN is U13999GJ1994PTC021245, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U13999GJ1994PTC021245 | Current |
| U17110GJ1994PTC021245 | Previous |
Contact details
GTX Private Limited's registered office is in Surat, Gujarat. Its website is gokulanand.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressPl. No. 19H West Side 1st Fl. Laxminarayan Ind. Estate Brc Compound Udhna – Sachin Roa, D Udhna, Surat, Gujarat, India – 394210
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of GTX 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 GTX is manufacturing. In detail, this covers textile, leather and other apparel products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C2 | Textile, leather and other apparel products |
To see the full business activity and turnover split of GTX Private Limited, buy the company report.
Financials of GTX Private Limited
FY 2025 filings availableGTX Private Limited reported revenue of ₹568.85 Cr (up 2% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 3% over five years, including 2% growth in the latest year. EBITDA fell 11% 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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| Total Expenses | |||||
| EBITDA | ₹13.75 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹7.38 Cr | ||||
| Balance Sheet | |||||
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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 | 2.4% | ||||
| Net Profit Margin | 1.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of GTX Private Limited, buy the company report.
Board of directors of GTX Private Limited
GTX has 3 current directors and 7 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Kaushik Manilal Kunadia Also directs: Calicone Private Limited | Director | 25 Mar 2023 | 3 Years 7 Months | Current |
| Samay Deepakbhai Gondalia Also directs: Aalidhra Corporate Private Limited, Aalidhra Gew Private Limited | Director | 05 Aug 2021 | 5 Years 3 Months | Current |
| Chandrakant Chhaganbhai Gondalia Also directs: Aalidhra Corporate Private Limited, Calicone Private Limited, Atul Oil Cake Industries Limited and 4 more | Director | 07 Dec 1994 | 31 Years 11 Months | Current |
Peer comparison
GTX Private Limited is compared with the 6 companies closest to it by revenue in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Creative Textile Mills Private Limited | ₹581.22 Cr (FY 2025) | 25.0% | Mumbai, Maharashtra, India | |||
| Vinod Spinners Private Limited | ₹576.57 Cr (FY 2025) | 17.0% | Ahmedabad, Gujarat, India | |||
| GTX Private Limitedthis company | ₹568.85 Cr (FY 2025) | ₹7.38 Cr | 1.3% | 2.0% | Surat, Gujarat, India | |
| Supreme Nonwoven Industries Private Limited | ₹563.72 Cr (FY 2025) | 3.0% | Mumbai, Maharashtra, India | |||
| Partap Industries Limited | ₹562.73 Cr (FY 2025) | 48.0% | Punjab, India | |||
| GRG Global Textiles Limited | ₹555.23 Cr (FY 2025) | 6.0% | Delhi, India | |||
| G M Syntex Private Limited | ₹551.13 Cr (FY 2025) | -2.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of GTX Private Limited, buy the company report.
Auditor
GTX Private Limited is audited by SAMKIT SHAH & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| SAMKIT SHAH & ASSOCIATES | FY 2023 | 0135204W |
Shareholding
The shareholding of GTX 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 GTX Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 05 Jun 2023 | 100734518 | Others | ₹40 Cr | Open | |
| 12 Feb 2015 | 10554108 | Others | ₹73.59 Cr | Open | |
| 10 Feb 2015 | 10554093 | Others | ₹73.59 Cr | Open | |
| 29 Aug 2008 | 10121697 | Idbi Bank Limited | ₹9.9 Cr | Satisfied | |
| 29 Aug 2008 | 10121700 | Idbi Bank Limited | ₹9.9 Cr | Satisfied |
To see the full charge records of GTX Private Limited, buy the company report.
Total charge records: 7 View all charges
Deals & funding
GTX Private Limited has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹3.39 Cr; the latest was in September 2022.
Deals on record (5 of 6)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2022 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: 4 individuals |
| Feb 2021 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Hansrajbhai Ambalal Gondalia HUF, 3 individuals |
| Oct 2016 | Secondary share transfer | Undisclosed | Buyer: 4 individuals Seller: Ghushabhai N.Khunt, HUF, 3 individuals |
| Feb 2014 | Secondary share transfer | Undisclosed | Buyer: 2 individuals Seller: an individual |
| Sep 2007 | Secondary share transfer | Undisclosed | Buyer: Nagjibhai V.Kunadia HUF, 3 individuals Seller: an individual |
To see the full deal history of GTX Private 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
GTX Private Limited has 5 court cases on record: 2 filed by GTX, 3 filed against it. 2 cases are pending and 3 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 4 | 2 | 2 |
| District courts | 1 | 1 | 0 |
Cases on record (5 of 5)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court, GUJARAT | Special civil application | Filed against the company by Dakshin Gujarat Vij Company Ltd and 3 others | Pending |
| High Court, GUJARAT | Special civil application | Filed against the company by Bayer Vapi Private Limited (BVPL) and 1 other | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Government of Gujarat | Disposed |
| High Court, GUJARAT | Special civil application | Filed by the company against Deputy Commissioner of Income Tax | Disposed |
| High Court, GUJARAT | Commercial suit | Filed by the company | Disposed |
To see the full case history of GTX 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 GTX Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
GTX has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACG8612K1ZN | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of GTX Private Limited, buy the company report.
Recent activity
GTX Private Limited has 10 board changes on record since 1994: 3 appointments and 7 cessations. The latest: Kaushik Manilal Kunadia ceased to be Additional Director on 29 Sep 2023.
15 earlier events are in the company report.
Frequently asked questions
GTX is an active private limited company based in Surat, Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 07 February 1994 (32+ years old) and is registered under CIN U13999GJ1994PTC021245.
GTX has 3 current directors:
- Kaushik Manilal Kunadia - Director
- Samay Deepakbhai Gondalia - Director
- Chandrakant Chhaganbhai Gondalia - Director
The latest financial statements of GTX 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 GTX is 24AAACG8612K1ZN, registered in Gujarat.
The CIN (Corporate Identification Number) of GTX is U13999GJ1994PTC021245. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GTX has 5 court cases on record: 2 filed by the company and 3 filed against it. 2 are pending. Most are in the high courts.
GTX was incorporated on 07 February 1994, making it 32+ years old. It is registered with the Registrar of Companies, Ahmedabad.
GTX has 6 deals on record (5 secondary share transfers, 1 funding round), with disclosed funding of ₹3.39 Cr; the latest was in September 2022.
The peers of GTX by revenue are Creative Textile Mills Private Limited, Vinod Spinners Private Limited, Supreme Nonwoven Industries Private Limited, Partap Industries Limited, GRG Global Textiles Limited and 1 more, all in the Manufacturing industry (Textiles), with the same principal business activity (textile, leather and other apparel products).
Kaushik Manilal Kunadia ceased to be Additional Director on 29 Sep 2023. Kaushik Manilal Kunadia was appointed as Director on 25 Mar 2023. Daxaben Deepakbhai Gondalia ceased to be Additional Director on 30 Nov 2021. GTX has 10 board changes on record in total.
GTX can be reached through the website gokulanand.com. Its registered office is in Surat, Gujarat, India.
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