
About Gyscoal Enterprise Private Limited
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Gyscoal Enterprise Private Limited is a private limited company based in Ahmedabad, Gujarat, India. It operates in the metals retail and distribution segment of the metals and mining sector. It was incorporated on 27 July 1999 and has been in existence for over 27 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U40100GJ1999PTC036337. Its GSTIN is 24AAACG9842M1Z9 (Gujarat).
The company has an authorised share capital of ₹1.1 Cr and a paid-up capital of ₹1.1 Cr. It was formerly known as Gyscoal Energy Private Limited. It is led by directors Dipali Manish Shah and Mustakimbhai Allibhai Belim.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 2nd Floor Mrudul Tower B/H. Times Of India Ashram Road, Ahmedabad, Gujarat, India – 380009.
As per the financials filed for FY 2025, the company reported a revenue of ₹101.98 Cr, reflecting significant growth compared to the previous year. For the same year it recorded a net profit of ₹5.37 Lakh (net margin 0.1%) and EBITDA of ₹6.4 Lakh (EBITDA margin 0.1%). Revenue has grown at a compounded annual rate (CAGR) of 190% over three years.
As per MCA filings, the company has satisfied charges of ₹87.76 Cr on record. Court records list 4 cases involving the company, including 3 filed by the company and 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gyscoal.com.
Company details
Contact details
Gyscoal Enterprise Private Limited's registered office is in Ahmedabad, Gujarat. Its website is gyscoal.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address2nd Floor Mrudul Tower B/H. Times Of India Ashram Road, Ahmedabad, Gujarat, India – 380009
- IndustryMetals and Minerals, Metal Retail & Distribution
To see the full contact details of Gyscoal Enterprise 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 Gyscoal Enterprise is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Gyscoal Enterprise Private Limited, buy the company report.
Financials of Gyscoal Enterprise Private Limited
FY 2024 filings availableGyscoal Enterprise Private Limited reported revenue of ₹101.98 Cr (up 327% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 190% over three years, including 327% growth in the latest year. EBITDA rose 150% 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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| EBITDA | ₹6.4 Lakh | ||||
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| Net Profit (PAT) | ₹5.37 Lakh | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 0.1% | ||||
| Net Profit Margin | 0.1% | ||||
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To see the full financial statements and ratios of Gyscoal Enterprise Private Limited, buy the company report.
Board of directors of Gyscoal Enterprise Private Limited
Gyscoal Enterprise has 2 current directors and 6 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dipali Manish Shah | Director | 27 Nov 2021 | 4 Years 11 Months | Current |
| Mustakimbhai Allibhai Belim | Director | 30 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Gyscoal Enterprise Private Limited is compared with the 6 companies closest to it by revenue in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Multichem Specialities Private Limited | ₹104.99 Cr (FY 2025) | 104.0% | Mumbai, Maharashtra, India | |||
| Gyscoal Enterprise Private Limitedthis company | ₹101.98 Cr (FY 2025) | ₹5.37 Lakh | 0.1% | 327.0% | Ahmedabad, Gujarat, India | |
| Meta Tiles Private Limited | ₹101.97 Cr (FY 2018) | 28.0% | Mumbai, Maharashtra, India | |||
| J.M.Chemicals Private Limited | ₹101.95 Cr (FY 2025) | 8.0% | Indore, Madhya Pradesh, India | |||
| Singhania & Sons Pvt Ltd | ₹101.42 Cr (FY 2024) | 14.0% | Kolkata, West Bengal, India | |||
| Chemprimo Flourine International Private Limited | ₹101.29 Cr (FY 2025) | -17.0% | Ghaziabad, Uttar Pradesh, India | |||
| Agarwal Chem Products (India) Private Limited | ₹100.93 Cr (FY 2021) | -44.0% | Mumbai, Maharashtra, India |
To see the full peer comparison of Gyscoal Enterprise Private Limited, buy the company report.
Auditor
Gyscoal Enterprise Private Limited is audited by RAKESH K.CHAUHAN & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RAKESH K.CHAUHAN & ASSOCIATES | FY 2023 | 121989W |
Shareholding
The shareholding of Gyscoal Enterprise 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 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gyscoal Enterprise Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Dec 2010 | 10257360 | Others | ₹75.91 Cr | Satisfied | |
| 04 Apr 2009 | 10202802 | Axis Bank Limited | ₹9.75 Cr | Satisfied | |
| 21 Oct 2004 | 90105439 | Punjab National Bank | ₹1.5 Cr | Satisfied | |
| 21 Oct 2004 | 90106992 | Punjab National Bank | ₹60 Lakh | Satisfied |
To see the full charge records of Gyscoal Enterprise Private Limited, buy the company report.
Total charge records: 4 View all charges
Legal cases
Gyscoal Enterprise Private Limited has 4 court cases on record: 3 filed by Gyscoal Enterprise, 1 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 1 | 0 |
Cases on record (4 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Uttar Gujarat Vij Company Ltd. | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against individuals | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summons Private cases SS) | Filed against the company by an individual | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against State of Gujarat and 2 others | Disposed |
To see the full case history of Gyscoal Enterprise 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 Gyscoal Enterprise Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Gyscoal Enterprise has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACG9842M1Z9 | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Gyscoal Enterprise Private Limited, buy the company report.
Recent activity
Gyscoal Enterprise Private Limited has 8 board changes on record since 2014: 2 appointments and 6 cessations. The latest: Mustakimbhai Allibhai Belim was appointed as Director on 30 Sep 2025.
8 earlier events are in the company report.
News
Frequently asked questions
Gyscoal Enterprise is an active private limited company based in Ahmedabad, Gujarat, India. The company works in metal retail and distribution, within the metals and minerals industry. It was incorporated on 27 July 1999 (27+ years old) and is registered under CIN U40100GJ1999PTC036337.
Gyscoal Enterprise has 2 current directors:
- Dipali Manish Shah - Director
- Mustakimbhai Allibhai Belim - Director
The latest financial statements of Gyscoal Enterprise on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Gyscoal Enterprise is 24AAACG9842M1Z9, registered in Gujarat.
The CIN (Corporate Identification Number) of Gyscoal Enterprise is U40100GJ1999PTC036337. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gyscoal Enterprise has 4 court cases on record: 3 filed by the company and 1 filed against it.
Gyscoal Enterprise was incorporated on 27 July 1999, making it 27+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Gyscoal Enterprise by revenue are Multichem Specialities Private Limited, Meta Tiles Private Limited, J.M.Chemicals Private Limited, Singhania & Sons Pvt Ltd, Chemprimo Flourine International Private Limited and 1 more, all in the Chemicals industry (Chemical Retail and Distribution), with the same principal business activity (wholesale trading).
Mustakimbhai Allibhai Belim was appointed as Director on 30 Sep 2025. Dipali Manish Shah ceased to be Additional Director on 30 Sep 2022. Mona Viral Shah ceased to be Additional Director on 30 Sep 2022. Gyscoal Enterprise has 8 board changes on record in total.
Gyscoal Enterprise can be reached through the website gyscoal.com. Its registered office is in Ahmedabad, Gujarat, India.
The registered office of Gyscoal Enterprise is at 2nd Floor Mrudul Tower BH. Times Of India Ashram Road, Ahmedabad, Gujarat, India – 380009.

