GMS Technologies Limited
About GMS Technologies Limited
Data last updated:
GMS Technologies Limited was a public limited company based in New Delhi, Delhi, India. The company has been struck off by the Registrar of Companies, typically due to non-filing of annual returns or failure to commence business. It is no longer operational and cannot enter into any legal contracts or agreements. It operated in the colorants, dyes and pigments segment of the chemicals and materials sector. It was incorporated on 17 April 1984.
The company was registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1984PLC017945. The company has 3 GST registrations on record, none of which is active.
The company had an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.22 Cr. It was led by directors including Gurinder Mohan Singh Nindrajog and Rosenyn Shunal Kapur.
Its last annual general meeting (AGM) was held on 31 December 2020, and its latest financial statements are for the year ended 31 March 2020. The registered office was at 1 – E/5 Jhandewalan Extension, New Delhi, Delhi, India – 110055.
As per the financials filed for FY 2020, the company reported a revenue of ₹34,933, a growth of 32% compared to the previous year. For the same year it recorded a net loss of ₹15.03 Lakh and EBITDA of -₹14.03 Lakh. Revenue has declined at a compounded annual rate (CAGR) of 11% over three years and 59% over five years.
As per MCA filings, the company had satisfied charges of ₹1.79 Cr on record. Court records list 14 cases involving the company, including 4 filed by the company and 10 filed against it.
Company details
Contact details
GMS Technologies Limited's registered office is in New Delhi, Delhi. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address1 – E/5 Jhandewalan Extension, New Delhi, Delhi, India – 110055
- IndustryChemicals and Materials, Colorants, Dyes & Pigments
To see the full contact details of GMS Technologies 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
Financials of GMS Technologies Limited
FY 2020 filings availableGMS Technologies Limited reported revenue of ₹34,933 (up 32% YoY) for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue rose 32% in the latest year, though over five years it has declined at a compounded annual rate (CAGR) of 59%. 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹34,933 | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹14.03 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹15.03 Lakh | ||||
| 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | |||||
| Net Profit Margin | |||||
| 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 GMS Technologies Limited, buy the company report.
Board of directors of GMS Technologies Limited
GMS Technologies has 3 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Gurinder Mohan Singh Nindrajog Also directs: Allied Fibres Limited, Lazor Color Prints Private Limited, Tabriz Colour Laboratories Pvt Ltd and 5 more | Director | 17 Apr 1984 | 42 Years 6 Months | As last reported |
| Rosenyn Shunal Kapur Also directs: Cakeify Confectionery LLP, Cogent Foods Private Limited, G M S Automobiles Private Limited and 1 more | Director | 17 Apr 2005 | 21 Years 6 Months | As last reported |
| Parveen Nindrajog Also directs: Ichibaan Automobiles Private Limited, QSS Color Processors Private Limited, GMS Construction Company Private Limited and 2 more | Director | 17 Apr 1984 | 42 Years 6 Months | As last reported |
Peer comparison
GMS Technologies Limited is compared with the 10 companies closest to it by revenue in the Chemicals industry (Dyes and Pigments), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Vaishno Dye Chem Private Limited | ₹46,672 (FY 2024) | -97.0% | New Delhi, Delhi, India | |||
| SB Chem Text Private Limited | ₹46,259 (FY 2025) | -91.0% | Ahmedabad, Gujarat, India | |||
| JVD Cera Coating Andcolours Pvt.Ltd. | ₹43,030 (FY 2025) | 12.0% | New Delhi, Delhi, India | |||
| Atul Natural Dyes Limited | ₹37,120 (FY 2025) | 1150.0% | Atul, Gujarat, India | |||
| Simanic Private Limited | ₹36,609 (FY 2024) | -93.0% | Ghaziabad, Uttar Pradesh, India | |||
| GMS Technologies Limitedthis company | ₹34,933 (FY 2020) | -₹15.03 Lakh | 32.0% | New Delhi, Delhi, India | ||
| Neky Dyes Private Limited | ₹29,528 (FY 2018) | -3.0% | Mumbai, Maharashtra, India | |||
| Swagrama Producer Company Limited | ₹25,352 (FY 2025) | -95.0% | Bagalkot, Karnataka, India | |||
| NBK Chemicals Private Limited | ₹19,610 (FY 2025) | Rajkot, Gujarat, India | ||||
| Adonis Biochem Private Limited | ₹17,204 (FY 2018) | 4311.0% | Mumbai, Maharashtra, India | |||
| Vishal Intermediates Pvt Ltd | ₹13,500 (FY 2024) | Ahmedabad, Gujarat, India |
To see the full peer comparison of GMS Technologies Limited, buy the company report.
Auditor
GMS Technologies Limited is audited by R C KAPOOR & CO for the financial year 2019.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R C KAPOOR & CO | FY 2019 | 001944N |
Shareholding
The shareholding of GMS Technologies Limited is on record for 2 financial years, the latest being FY 2019, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2019 | FY 2016 |
|---|---|---|
| Promoters | ||
| Domestic institutional investors (DII) | ||
| Foreign institutional investors (FII) | ||
| Public | ||
| Others |
To see the full shareholding pattern of GMS Technologies Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 27 Nov 2006 | 10032119 | Ing Vysya Bank Limited | ₹49.1 Lakh | Satisfied | |
| 02 Dec 2003 | 80020428 | Ing Vysya Bank Ltd | ₹1.3 Cr | Satisfied |
To see the full charge records of GMS Technologies Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
GMS Technologies Limited has 14 court cases on record: 4 filed by GMS Technologies, 10 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 14 | 10 | 0 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Court case (SS) | Filed against the company by M/S. Acryplast Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (SJ) | Filed against the company by M/S L.G.Plastika Pvt.Ltd. | Disposed |
| Bombay High Court | Court case (SJ) | Filed against the company by M/S. Acryplast Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (S) | Filed by the company against M/S. Ads Advertising Pvt. Ltd. | Disposed |
| Bombay High Court | Court case (EXA) | Filed against the company by M/S Plastika Enterprises | Disposed |
To see the full case history of GMS Technologies 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 GMS Technologies Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
GMS Technologies has 3 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of GMS Technologies Limited, buy the company report.
Recent activity
GMS Technologies Limited has 5 board changes on record since 1984: 3 appointments and 2 cessations. The latest: Hardev Singh ceased to be Director on 21 Apr 2008.
1 earlier event is in the company report.
Frequently asked questions
GMS Technologies has a status of "Struck Off" as per MCA records. This means the company has been officially removed from the Register of Companies, typically due to non-filing of annual returns or failure to commence business within one year of incorporation. A struck-off company cannot enter into any legal contracts or agreements, and any dealings with such an entity carry significant legal and financial risk.
GMS Technologies was a public limited company based in New Delhi, Delhi, India. The company worked in colorants, dyes and pigments, within the chemicals and materials industry. It was incorporated on 17 April 1984 and is registered under CIN U74899DL1984PLC017945. The company has been struck off by the Registrar of Companies and is no longer operational.
GMS Technologies had 3 directors:
- Gurinder Mohan Singh Nindrajog - Director
- Rosenyn Shunal Kapur - Director
- Parveen Nindrajog - Director
The CIN (Corporate Identification Number) of GMS Technologies is U74899DL1984PLC017945. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of GMS Technologies is at 1 – E5 Jhandewalan Extension, New Delhi, Delhi, India – 110055.
GMS Technologies was incorporated on 17 April 1984. It is registered with the Registrar of Companies, Delhi.
The latest financial statements of GMS Technologies on record with the MCA are for the year ended 31 March 2020. Its last annual general meeting was held on 31 December 2020. Year-wise statements from 2015 are in the company report.
No. GMS Technologies has 3 GST registrations on record and all of them are cancelled or inactive.
GMS Technologies operated in the chemicals and materials industry, in the colorants, dyes and pigments segment. It worked in this industry before it was struck off.
The peers of GMS Technologies by revenue are Vaishno Dye Chem Private Limited, SB Chem Text Private Limited, JVD Cera Coating Andcolours Pvt.Ltd, Atul Natural Dyes Limited, Simanic Private Limited and 5 more, all in the Chemicals industry (Dyes and Pigments).
GMS Technologies has 14 court cases on record: 4 filed by the company and 10 filed against it.
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