Gulbrandsen Technologies (India) Private Limited - Company Profile

It is a business outsourcing private limited company based in Vadodara, Gujarat, India, established in 2003.

2003 Vadodara, Gujarat, India Active

Last Updated: December 22, 2025

About Gulbrandsen Technologies (India) Private Limited

Gulbrandsen Technologies (India) Private Limited, a active private limited company, was established on 21 May 2003 in Vadodara, Gujarat, India. Engaging in business process outsourcing within the manufacturing sector, it holds CIN: U72200GJ2003PTC042402. Registered under ROC Roc Ahmedabad. it is unlisted. It has an authorized capital of ₹1.00 Cr and a paid-up capital of ₹7.85 M.

It upholds a compliant status. Employing 287 professional, Its leadership includes Vikram Singhal (Managing Director), Upendra Laljibhai Thakkar (Additional Director), Donald Edward Gulbrandsen (Director). Past directors included David Dean Drollinger. It holds ₹282.61 Cr open charges and ₹1.50 Cr settled loans. Its latest AGM occurred on 15 November 2024, with the balance sheet filed on 31 March 2024. It is based at 405, Synergy Square, Krishna Industrial Estate, Gorwa, Vadodara, Gujarat, 390016.

Company Details

CIN/LLPIN
U72200GJ2003PTC042402
Registration Number
042402
Incorporation Date
21 May 2003
Authorized Capital
₹1.00 Cr
Paid-Up Capital
₹7.85 M
ROC Code
Roc Ahmedabad
Listing Status
Unlisted
Company Status
Active

Key Metrics

Authorised Capital ₹ 1.00 Cr as on 22-12-2025
Paid Up Capital ₹ 7.85 M as on 22-12-2025
Company Age 22 Year, 9 Months
Last Filing with ROC 31 Mar 2024
Open Charges ₹ 282.61 Cr as on 22-12-2025
Satisfied Charges ₹ 1.50 Cr as on 22-12-2025
Revenue Growth **** 22.29% (FY 2022)
Profit Growth **** -8.78% (FY 2022)
Ebitda **** -4.36% (FY 2022)
Net Worth 18.33% (FY 2022)
Total Assets **** 24.12% (FY 2022)

Comprehensive Company Insights

Explore comprehensive insights into Gulbrandsen Technologies (India) Private Limited — covering financial performance, compliance records, Competitor, shareholding patterns, directors, key metrics, and litigation history. Unlock to see detailed insights and stay informed.

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Who are the key members and board of directors at Gulbrandsen Technologies (India) Private Limited?

Current Directors

Name	Designation	Appointment Date	Status
Vikram Singhal	Managing Director	21 May 2003	Current
Upendra Laljibhai Thakkar	Additional Director	17 Mar 2025	Current
Donald Edward Gulbrandsen	Director	21 May 2003	Current

Past Directors

Name	Designation	Cessation	Status
Pramod Abcsdd	Director	05 Oct 2021	Past

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Financial Performance of Gulbrandsen Technologies (India).

Gulbrandsen Technologies (India) Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 22.29% increase. The company also saw a slight decrease in profitability, with a 8.78% decrease in profit. The company's net worth Soared by an impressive increase of 18.33%.

Date	Amount	Transaction Name	Valuation	Lead Investors	Investors
Jul, 2021	Amount	Post-IPO - Grab	Valuation	investors	Emtek
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners
Jan, 2021	Amount	Post-IPO - Grab	Valuation	investors	Hana Financial Group , GGV Capital
Feb, 2021	Amount	Post-IPO - Grab	Valuation	investors	Signite Partners

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Key Matrics
Balance Sheet
Profit and Loss
Cash Flow
Ratios

Metrics

(FY 2023)

YOY Growth

(FY 2022)

(FY 2021)

(FY 2020)

(FY 2019)

Total Revenue

********

22.29%

*******

Revenue from Operations

*******

22.01%

*******

Total Assets

*******

24.12%

*******

Profit or Loss

*******

-8.78%

*******

Net Worth

*******

18.33%

*******

EBITDA

*******

-4.36%

*******

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What is the Ownership and Shareholding Structure of Gulbrandsen Technologies (India)?

In 2023, Gulbrandsen Technologies (India) had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Pattern (FY 2024)

Promoters: 92.83%
Public: 4.10%
Others: 3.07%

Shareholding Pattern over the Year

	FY (2024)	FY (2023)	FY (2022)	FY (2021)	FY (2020)
Promoters	92.83	94.62	94.55	94.55	94.55
Public	4.10	3.89	3.95	3.96	3.98
Others	3.07	1.49	1.50	1.49	1.47

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Charges (Loans)

Open Charges

₹2,826,120,000.00

Satisfied Charges

₹15,000,000.00

Charges Breakdown by Lending Institutions

Citi Bank N.A. : 110.83 Cr
Others : 94.00 Cr
Hdfc Bank Limited : 77.78 Cr

Latest Charge Details

Date	Lender	Amount	Status
24 Sep 2025	Hdfc Bank Limited	₹77.78 Cr	Open
23 Jan 2023	Citi Bank N.A.	₹45.00 Cr	Open
04 Mar 2022	Citi Bank N.A.	₹65.83 Cr	Open
23 Oct 2010	Others	₹38.00 Cr	Open
06 Jul 2010	Others	₹56.00 Cr	Open

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How Many Employees Work at Gulbrandsen Technologies (India)?

Gulbrandsen Technologies (India) has a workforce of 287 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee Date	Number of Employees
2020	78,000
2021	80,500
2022	83,200
2023	86,000
2024	89,500
2025	92,000

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Deals i

Gain comprehensive insights into the Deals and Valuation data of Gulbrandsen Technologies (India), offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Gulbrandsen Technologies (India)'s trajectory.

Rating

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

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Latest Updates, News, and FAQs on Gulbrandsen Technologies (India)

Recent Activity within the Organization

Charges

Progress on A charge with Hdfc Bank Limited amounted to Rs. 77.78 Cr with Charge ID 101164252 was registered on 24 Sep 2025. was documented.
24 Sep 2025
Charges

The activity A charge registered on 21 Sep 2011 via Charge ID 10307980 with Icici Bank Limited was fully satisfied on 03 May 2025. was completed.
03 May 2025
Director Appointment

The activity Upendra Laljibhai Thakkar was appointed as a Additional Director was appointed as a Additional Director on 17 Mar 2025 & has been associated with this company since 11 months 15 days . was completed.
17 Mar 2025
Annual General Meeting

Progress on Gulbrandsen Technologies (India) Private Limited last Annual general meeting of members was held on 15 Nov 2024 as per latest MCA records. was documented.
15 Nov 2024
Balance Sheet

Progress on Gulbrandsen Technologies (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad. was documented.
31 Mar 2024
Charges

A charge with Citi Bank N.A. amounted to Rs. 45.00 Cr with Charge ID 100670698 was registered on 23 Jan 2023. was recorded as a recent event.
23 Jan 2023

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