MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0059287
Gujarat Pickers Industries Limited - chemicals and materials in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2025
₹59.41 Cr
▼ 4% YoY
Net profit · FY 2025
₹1.78 Cr
Net margin 3%
EBITDA · FY 2025
₹5.87 Cr
EBITDA margin 9.9%
Authorised capital
₹4 Cr
Registered with MCA
Paid-up capital
₹3.22 Cr
Issued & subscribed
Open charges
₹67.3 Cr
Satisfied ₹24 Cr
Company age
25 yrs
Est. 2001
Directors on board
5
As per MCA filings
About Gujarat Pickers Industries Limited
Data last updated:
Gujarat Pickers Industries Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the chemical distribution and retail segment of the chemicals and materials sector. It was incorporated on 31 August 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U23209GJ2001PLC039959. Its GSTIN is 24AABCG4582D1ZW (Gujarat). The company holds 2 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹4 Cr and a paid-up capital of ₹3.22 Cr. It is led by directors including Pratik Mohanlal Solanki (Whole-Time Director) and Vasantbhai Galabhai Makwana (Whole-Time Director).
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 404/405 Atlanta Complex Gulbai Tekra Ambawadi Nr. Panchvati Cross Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹59.41 Cr, a decline of 4% compared to the previous year. For the same year it recorded a net profit of ₹1.78 Cr (net margin 3%) and EBITDA of ₹5.87 Cr (EBITDA margin 9.9%). Revenue has declined at a compounded annual rate (CAGR) of 26% over three years.
As per MCA filings, the company has open charges of ₹67.3 Cr and satisfied charges of ₹24 Cr on record. Court records list 19 cases involving the company, including 18 filed by the company and 1 filed against it; 2 cases are pending.
Gujarat Pickers Industries Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0059287). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gujaratpickers.in.
Company details
CIN U23209GJ2001PLC039959
Registration Number 039959
Incorporation Date 31 August 2001
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0059287
CIN history
Gujarat Pickers Industries has one previous CIN (Corporate Identification Number): U23209GJ2001PTC039959. The current CIN is U23209GJ2001PLC039959, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U23209GJ2001PLC039959 | Current |
| U23209GJ2001PTC039959 | Previous |
Key People
Pratik Mohanlal Solanki Whole-Time Director Vasantbhai Galabhai Makwana Whole-Time Director Ratibhai G Makwana Whole-Time Director Recognitions & Rankings of Gujarat Pickers Industries
Contact details
Gujarat Pickers Industries Limited's registered office is in Ahmedabad, Gujarat. Its website is gujaratpickers.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address404/405 Atlanta Complex Gulbai Tekra Ambawadi Nr. Panchvati Cross Road, Ahmedabad, Gujarat, India – 380009
- IndustryChemicals and Materials, Chemical Distribution & Retail
To see the full contact details of Gujarat Pickers Industries Limited, buy the company report.
Comprehensive company report
Gujarat Pickers Industries 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
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Business activity
The main business activity of Gujarat Pickers Industries is mining and quarrying. In detail, this covers extraction of crude petroleum & natural gas.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| B | Mining and quarrying | B2 | Extraction of Crude Petroleum & Natural gas |
To see the full business activity and turnover split of Gujarat Pickers Industries Limited, buy the company report.
Financials of Gujarat Pickers Industries Limited
FY 2025 filings availableGujarat Pickers Industries Limited reported revenue of ₹59.41 Cr (down 4% YoY) for FY 2025.
Revenue · FY 2025
₹59.41 Cr ▼ 4%
Net profit · FY 2025
₹1.78 Cr margin 3%
EBITDA · FY 2025
₹5.87 Cr margin 9.9%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 4%
3 years · compounded
▼ 26%
EBITDA CAGR growth
1 year
▼ 15%
3 years · compounded
▼ 4%
5 years · compounded
▲ 3%
Revenue has declined at a compounded annual rate (CAGR) of 26% over three years, including a 4% fall in the latest year. EBITDA fell 15% 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 | ₹5.87 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹1.78 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 9.9% | ||||
| Net Profit Margin | 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 Gujarat Pickers Industries Limited, buy the company report.
Board of directors of Gujarat Pickers Industries Limited
Gujarat Pickers Industries has 5 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jashwant Bhatt Also directs: Asian Petro Products and Exporters Limited | Director | 25 Mar 2023 | 3 Years 7 Months | Current |
| Pratik Mohanlal Solanki | Whole-Time Director | 11 Sep 2012 | 14 Years 1 Months | Current |
| Sunil Mukeshkumar Prem | Director | 25 Mar 2023 | 3 Years 7 Months | Current |
| Vasantbhai Galabhai Makwana | Whole-Time Director | 31 Aug 2001 | 25 Years 2 Months | Current |
| Ratibhai G Makwana | Whole-Time Director | 24 Nov 2004 | 21 Years 11 Months | Current |
Auditor
Gujarat Pickers Industries Limited is audited by A D BRAHMBHATT & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A D BRAHMBHATT & CO | FY 2023 | 136873W |
Shareholding
The shareholding of Gujarat Pickers Industries 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 Gujarat Pickers Industries Limited, buy the company report.
Charges & borrowings
Open charges
₹67.3 Cr
Satisfied charges
₹24 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Feb 2025 | 101051924 | Yes Bank Limited | ₹8.5 Cr | Open | |
| 22 Sep 2012 | 10386329 | State Bank of India | ₹58.8 Cr | Open | |
| 19 Aug 2014 | 10558238 | Hdfc Bank Limited | ₹6.14 Lakh | Satisfied | |
| 19 Jul 2014 | 10513567 | Hdfc Bank Limited | ₹38.66 Lakh | Satisfied | |
| 30 Jan 2008 | 10104831 | Bank of Baroda | ₹8.5 Cr | Satisfied |
To see the full charge records of Gujarat Pickers Industries Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Gujarat Pickers Industries Limited has 19 court cases on record: 18 filed by Gujarat Pickers Industries, 1 filed against it. 2 cases are pending and 17 are disposed.
Total cases
19
Filed by the company
18
Filed against the company
1
Pending
2
Disposed
17
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 16 | 0 | 1 |
| High courts | 3 | 1 | 1 |
Cases on record (5 of 19)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Super Crop Safe Ltd. and 1 other | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CR RA) | Filed by the company against Shraddha Overseas Pvt. Ltd. and 3 others | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Saikrupa Photo Offset Pvt. Ltd. and 3 others | Disposed |
| High Court, GUJARAT | Court case (CR.MA) | Filed against the company by Shraddha Overseas Pvt Ltd and 2 others | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Shraddha Overseas Pvt Ltd and 2 others | Disposed |
To see the full case history of Gujarat Pickers Industries 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.
Credit ratings & regulatory alerts
Gujarat Pickers Industries Limited was last rated by Crisil on 28 Jul 2020.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 28 Jul 2020 |
To see the full credit ratings and regulatory alerts of Gujarat Pickers Industries Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Gujarat Pickers Industries Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gujarat Pickers Industries has 2 GST registrations: 1 active and 1 cancelled or inactive.
Total GSTINs
2
Active
1
Cancelled / inactive
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AABCG4582D1ZW | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gujarat Pickers Industries Limited, buy the company report.
Recent activity
Gujarat Pickers Industries Limited has 13 board changes on record since 2001: 5 appointments and 8 cessations. The latest: Jashwant Bhatt ceased to be Additional Director on 29 Sep 2023.
AGM
Gujarat Pickers Industries Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Gujarat Pickers Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Yes Bank Limited of Rs. 8.50 Cr registered on 04 Feb 2025 with Charge ID 101051924 was modified on 20 Mar 2025.
Charges
A charge registered on 30 Jan 2008 via Charge ID 10104831 with Bank Of Baroda was fully satisfied on 06 Feb 2025.
Charges
A charge registered on 30 Jan 2008 via Charge ID 10104830 with Bank Of Baroda was fully satisfied on 06 Feb 2025.
Charges
A charge with Yes Bank Limited amounted to Rs. 8.50 Cr with Charge ID 101051924 was registered on 04 Feb 2025.
Ceased
Jashwant Bhatt ceased to be Additional Director.
Ceased
Sunil Mukeshkumar Prem ceased to be Additional Director.
Appointed
Jashwant Bhatt was appointed as Director.
Appointed
Sunil Mukeshkumar Prem was appointed as Director.
Charges
A charge with State Bank Of India of Rs. 58.80 Cr registered on 22 Sep 2012 with Charge ID 10386329 was modified on 15 Sep 2022.
Charges
A charge registered on 19 Aug 2014 via Charge ID 10558238 with Hdfc Bank Limited was fully satisfied on 18 Feb 2019.
21 earlier events are in the company report.
Frequently asked questions
Gujarat Pickers Industries is an active public limited company based in Ahmedabad, Gujarat, India. The company works in chemical distribution and retail, within the chemicals and materials industry. It was incorporated on 31 August 2001 (25+ years old) and is registered under CIN U23209GJ2001PLC039959.
Gujarat Pickers Industries has 5 current directors:
- Pratik Mohanlal Solanki - Whole-Time Director
- Vasantbhai Galabhai Makwana - Whole-Time Director
- Ratibhai G Makwana - Whole-Time Director
- Jashwant Bhatt - Director
- Sunil Mukeshkumar Prem - Director
The latest financial statements of Gujarat Pickers Industries 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 Gujarat Pickers Industries is 24AABCG4582D1ZW, registered in Gujarat. The company has 2 GST registrations in all, of which 1 is active and 1 is cancelled or inactive.
The CIN (Corporate Identification Number) of Gujarat Pickers Industries is U23209GJ2001PLC039959. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gujarat Pickers Industries has 19 court cases on record: 18 filed by the company and 1 filed against it. 2 are pending. Most are in the district courts.
Gujarat Pickers Industries was incorporated on 31 August 2001, making it 25+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Jashwant Bhatt ceased to be Additional Director on 29 Sep 2023. Sunil Mukeshkumar Prem ceased to be Additional Director on 29 Sep 2023. Jashwant Bhatt was appointed as Director on 25 Mar 2023. Gujarat Pickers Industries has 13 board changes on record in total.
Yes, Gujarat Pickers Industries is registered as a medium enterprise under Udyam registration (number: UDYAM-GJ-01-0059287).
Gujarat Pickers Industries can be reached through the website gujaratpickers.in. Its registered office is in Ahmedabad, Gujarat, India.
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