Gulati Stores Private Limited
About Gulati Stores Private Limited
Data last updated:
Gulati Stores Private Limited is a private limited company based in Lucknow, Uttar Pradesh, India. It operates in the electronics retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 10 March 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Uttar Pradesh, under CIN U52605UP2017PTC091275. Its GSTIN is 09AAGCG7396G1Z3 (Uttar Pradesh).
The company has an authorised share capital of ₹50 Lakh and a paid-up capital of ₹46 Lakh. It is led by directors Jatin Gulati and Shweta Gulati.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at B – 18 Sector – L First Floor Kanpur Road, Lucknow, Uttar Pradesh, India – 226012.
As per the financials filed for FY 2021, the company reported a revenue of ₹2.44 Cr, a decline of 82% compared to the previous year. For the same year it recorded a net loss of ₹1.34 Lakh (net margin -0.5%) and EBITDA of ₹12.55 Lakh (EBITDA margin 5.1%). Revenue has declined at a compounded annual rate (CAGR) of 35% over three years.
As per MCA filings, the company has open charges of ₹1.64 Cr and satisfied charges of ₹60 Lakh on record. Court records list 25 cases involving the company, including 25 filed against it; 20 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Gulati Stores Private Limited's registered office is in Lucknow, Uttar Pradesh. Its e-mail address is in the company report.
- Email
- Registered AddressB – 18 Sector – L First Floor Kanpur Road, Lucknow, Uttar Pradesh, India – 226012
- IndustryConsumer Electronics & Durables, Electronic Appliances Retail & Distribution
To see the full contact details of Gulati Stores 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 Gulati Stores is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Gulati Stores Private Limited, buy the company report.
Financials of Gulati Stores Private Limited
FY 2021 filings availableGulati Stores Private Limited reported revenue of ₹2.44 Cr (down 82% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 35% over three years, including a 82% fall in the latest year. EBITDA fell 80% 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 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| EBITDA | ₹12.55 Lakh | ||||
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| Net Profit (PAT) | -₹1.34 Lakh | ||||
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Financial Ratios
| Metrics | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 |
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| Profitability | |||||
| EBITDA Margin | 5.1% | ||||
| Net Profit Margin | -0.5% | ||||
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To see the full financial statements and ratios of Gulati Stores Private Limited, buy the company report.
Board of directors of Gulati Stores Private Limited
Gulati Stores has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shweta Gulati | Additional Director | 09 Sep 2019 | 7 Years 1 Months | Current |
| Jatin Gulati | Director | 10 Mar 2017 | 9 Years 7 Months | Current |
Auditor
Gulati Stores Private Limited is audited by KUMARROY BARMAN PRASANTA & ASSOCIATES for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| KUMARROY BARMAN PRASANTA & ASSOCIATES | FY 2020 | 330634E |
Shareholding
The shareholding of Gulati Stores Private Limited is on record for FY 2020, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2020 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Public | |
| Others |
To see the full shareholding pattern of Gulati Stores Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2019 | 100288866 | Others | ₹1.6 Cr | Open | |
| 19 Sep 2018 | 100227090 | Others | ₹3.8 Lakh | Open | |
| 28 Feb 2018 | 100178879 | State Bank of India | ₹60 Lakh | Satisfied |
To see the full charge records of Gulati Stores Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
Gulati Stores Private Limited has 25 court cases on record: 25 filed against it. 20 cases are pending and 5 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 25 | 25 | 20 |
Cases on record (5 of 25)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Lucknow, Uttar Pradesh | Criminal case | Filed against the company by HDFC Bank Ltd. Through Vishal Kumar Gupta | Pending |
| District court, Jaipur Metro II, Rajasthan | Court case (Complaint) | Filed against the company by SMFG India Credit Company Ltd | Pending |
| District court, Lucknow, Uttar Pradesh | Arbitration matter | Filed against the company by Bajaj Finance Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Pvt. Ltd. | Pending |
| District court, Central, Delhi | Criminal case | Filed against the company by Havells India Ltd | Pending |
To see the full case history of Gulati Stores 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 Gulati Stores Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gulati Stores has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 09AAGCG7396G1Z3 | Uttar Pradesh | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gulati Stores Private Limited, buy the company report.
Recent activity
Gulati Stores Private Limited has 4 board changes on record since 2017: 2 appointments and 2 cessations. The latest: Dilpreet Singh Virk ceased to be Director on 09 Sep 2019.
Frequently asked questions
Gulati Stores is an active private limited company based in Lucknow, Uttar Pradesh, India. The company works in electronic appliances retail and distribution, within the consumer electronics and durables industry. It was incorporated on 10 March 2017 (9+ years old) and is registered under CIN U52605UP2017PTC091275.
Gulati Stores has 2 current directors:
- Shweta Gulati - Additional Director
- Jatin Gulati - Director
The latest financial statements of Gulati Stores on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from FY 2017 are in the company report.
The GSTIN of Gulati Stores is 09AAGCG7396G1Z3, registered in Uttar Pradesh.
The CIN (Corporate Identification Number) of Gulati Stores is U52605UP2017PTC091275. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gulati Stores has 25 court cases on record: 25 filed against it. 20 are pending.
Gulati Stores was incorporated on 10 March 2017, making it 9+ years old. It is registered with the Registrar of Companies, Uttar Pradesh.
Dilpreet Singh Virk ceased to be Director on 09 Sep 2019. Shweta Gulati was appointed as Additional Director on 09 Sep 2019. Karan Gulati ceased to be Director on 08 Oct 2018. Gulati Stores has 4 board changes on record in total.
The registered office of Gulati Stores is at B – 18 Sector – L First Floor Kanpur Road, Lucknow, Uttar Pradesh, India – 226012.
Gulati Stores operates in the consumer electronics and durables industry, in the electronic appliances retail and distribution segment.