About G L Jain Button Store Private Limited
Data last updated:
G L Jain Button Store Private Limited is a private limited company based in Punjab, India. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 08 April 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U36999PB1993PTC013224. Its GSTIN is 03AAACG6653N1ZG (Punjab).
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.25 Cr. It is led by directors Amit Jain and Ripan Jain.
Its last annual general meeting (AGM) was held on 30 September 2019, and its latest financial statements are for the year ended 31 March 2019. The registered office is at Shop No 71 77 City Palace Chauri Sarak Ludhiana, Punjab, India.
As per the financials filed for FY 2019, the company reported a revenue of ₹60.6 Cr, a decline of 36% compared to the previous year. For the same year it recorded a net loss of ₹6.55 Cr (net margin -10.8%) and EBITDA of -₹4.62 Cr (EBITDA margin -7.6%). Revenue has declined at a compounded annual rate (CAGR) of 3% over three years.
As per MCA filings, the company has open charges of ₹20.34 Cr and satisfied charges of ₹17.33 Cr on record. Court records list 36 cases involving the company, including 8 filed by the company and 28 filed against it; 1 case is pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gljainbuttonstore.com.
Company details
Contact details
G L Jain Button Store Private Limited's registered office is in Punjab. Its website is gljainbuttonstore.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressShop No 71 77 City Palace Chauri Sarak Ludhiana, Punjab, India
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of G L Jain Button Store 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 G L Jain Button Store 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 G L Jain Button Store Private Limited, buy the company report.
Financials of G L Jain Button Store Private Limited
FY 2019 filings availableG L Jain Button Store Private Limited reported revenue of ₹60.6 Cr (down 36% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 3% over three years, including a 36% fall in the latest year. EBITDA fell 201% 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 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹60.6 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
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| Total Expenses | |||||
| EBITDA | -₹4.62 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹6.55 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -7.6% | ||||
| Net Profit Margin | -10.8% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of G L Jain Button Store Private Limited, buy the company report.
Board of directors of G L Jain Button Store Private Limited
G L Jain Button Store has 2 current directors and 5 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Amit Jain | Director | 08 Apr 1993 | 33 Years 6 Months | Current |
| Ripan Jain Also directs: Bhomia Buttons Private Limited | Director | 15 Jun 2018 | 8 Years 4 Months | Current |
Auditor
G L Jain Button Store Private Limited is audited by DAVINDER REKHI & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| DAVINDER REKHI & CO | FY 2019 | 005954N |
Shareholding
The shareholding of G L Jain Button Store Private Limited is on record for 3 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of G L Jain Button Store Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Nov 2017 | 100179099 | Others | ₹1.12 Cr | Open | |
| 30 Oct 2017 | 100135089 | Others | ₹46.85 Lakh | Open | |
| 27 Nov 2016 | 100066055 | Others | ₹12 Cr | Open | |
| 28 May 2015 | 10594110 | Reliance Capital Ltd | ₹50 Lakh | Open | |
| 18 Mar 2011 | 10276033 | Hdfc Bank Limited | ₹6.25 Cr | Open |
To see the full charge records of G L Jain Button Store Private Limited, buy the company report.
Total charge records: 12 View all charges
Legal cases
G L Jain Button Store Private Limited has 36 court cases on record: 8 filed by G L Jain Button Store, 28 filed against it. 1 case is pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 29 | 28 | 1 |
| High courts | 7 | 0 | 0 |
Cases on record (5 of 36)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by M/S Religare Finvest Limited | Disposed |
| District court, South, Delhi | Criminal case | Filed against the company by M/S Hero Fincorp Ltd | Disposed |
| District court, South, Delhi | Criminal case | Filed against the company by Equitas Small Finance Bank Ltd. | Disposed |
| District court, South East, Delhi | Criminal case | Filed against the company by M/S Indusind Bank Ltd | Disposed |
| District court, Ludhiana, Punjab | Commercial suit | Filed against the company by M/S Venus Cotsyn India Ltd | Disposed |
To see the full case history of G L Jain Button Store 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 G L Jain Button Store Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
G L Jain Button Store has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAACG6653N1ZG | Punjab | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of G L Jain Button Store Private Limited, buy the company report.
Recent activity
G L Jain Button Store Private Limited has 8 board changes on record since 1993: 2 appointments and 6 cessations. The latest: Ripan Jain ceased to be Additional Director on 30 Sep 2018.
25 earlier events are in the company report.
Frequently asked questions
G L Jain Button Store is an active private limited company based in Punjab, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 08 April 1993 (33+ years old) and is registered under CIN U36999PB1993PTC013224.
G L Jain Button Store has 2 current directors:
- Amit Jain - Director
- Ripan Jain - Director
The latest financial statements of G L Jain Button Store on record with the MCA are for the year ended 31 March 2019. Its last annual general meeting was held on 30 September 2019. Year-wise statements from 2015 are in the company report.
The GSTIN of G L Jain Button Store is 03AAACG6653N1ZG, registered in Punjab.
The CIN (Corporate Identification Number) of G L Jain Button Store is U36999PB1993PTC013224. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
G L Jain Button Store has 36 court cases on record: 8 filed by the company and 28 filed against it. 1 is pending. Most are in the district courts.
G L Jain Button Store was incorporated on 08 April 1993, making it 33+ years old. It is registered with the Registrar of Companies, Chandigarh.
Ripan Jain ceased to be Additional Director on 30 Sep 2018. Ripan Jain was appointed as Director on 15 Jun 2018. Ruchi Jain ceased to be Director on 15 Jun 2018. G L Jain Button Store has 8 board changes on record in total.
G L Jain Button Store can be reached through the website gljainbuttonstore.com. Its registered office is in Punjab, India.
The registered office of G L Jain Button Store is at Shop No 71 77 City Palace Chauri Sarak Ludhiana, Punjab, India.