GTHS Retails Private Limited
About GTHS Retails Private Limited
Data last updated:
GTHS Retails Private Limited is a private limited company based in Delhi, India. The company is currently under liquidation, meaning its assets are being sold to settle outstanding debts. It may not have the legal capacity to fulfil new contracts. It operates in the traditional and ethnic wear segment of the fashion and textiles sector. It was incorporated on 06 June 1994.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74999DL1994PTC061301. Its GSTIN is 29AABCG6942P1ZX (Karnataka). The company holds 8 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹3.74 Cr. It was formerly known as Good Things Homestores Private Limited. It is led by directors Harsh Manchanda Vikas (Managing Director) and Sargun Kumar.
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 Chilla Village Mayur Vihar Phase – 1, Delhi, India – 110091.
As per the financials filed for FY 2019, the company reported a revenue of ₹1.55 Cr, a decline of 70% compared to the previous year. For the same year it recorded a net loss of ₹1.1 Cr (net margin -70.7%) and EBITDA of -₹95.57 Lakh (EBITDA margin -61.5%). Revenue has declined at a compounded annual rate (CAGR) of 62% over three years.
The company has about 58 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹2.7 Cr and satisfied charges of ₹20.77 Cr on record. Court records list 126 cases involving the company, including 7 filed by the company and 119 filed against it; 49 cases are pending.
Company details
Contact details
GTHS Retails Private Limited's registered office is in Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Social Media
- Registered AddressChilla Village Mayur Vihar Phase – 1, Delhi, India – 110091
- IndustryFashion and Textile, Traditional & Ethnic Wear
To see the full contact details of GTHS Retails 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 GTHS Retails 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 GTHS Retails Private Limited, buy the company report.
Financials of GTHS Retails Private Limited
FY 2019 filings availableGTHS Retails Private Limited reported revenue of ₹1.55 Cr (down 70% YoY) for FY 2019.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 62% over three years, including a 70% fall in the latest year. EBITDA rose 85% 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
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| EBITDA | -₹95.57 Lakh | ||||
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| Net Profit (PAT) | -₹1.1 Cr | ||||
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Financial Ratios
| Metrics | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 | FY 2014-15 |
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| EBITDA Margin | -61.5% | ||||
| Net Profit Margin | -70.7% | ||||
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To see the full financial statements and ratios of GTHS Retails Private Limited, buy the company report.
Board of directors of GTHS Retails Private Limited
GTHS Retails 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 |
|---|---|---|---|---|
| Harsh Manchanda Vikas | Managing Director | 06 Jun 1994 | 32 Years 4 Months | As last reported |
| Sargun Kumar | Director | 09 Sep 2017 | 9 Years 1 Months | As last reported |
Shareholding
The shareholding of GTHS Retails Private Limited is on record for 3 financial years, the latest being FY 2018, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2018 | FY 2017 | FY 2015 |
|---|---|---|---|
| Promoters | |||
| Domestic institutional investors (DII) | |||
| Foreign institutional investors (FII) | |||
| Public | |||
| Others |
To see the full shareholding pattern of GTHS Retails Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 21 Oct 2016 | 100060293 | Others | ₹24.87 Lakh | Open | |
| 29 Sep 2014 | 10526922 | Deutsche Bank Ag | ₹2.45 Cr | Open | |
| 30 May 2014 | 10507043 | Bajaj Finance Limited | ₹1.43 Cr | Satisfied | |
| 30 Apr 2014 | 10507063 | Bajaj Finance Limited | ₹4.99 Cr | Satisfied | |
| 11 Jan 2013 | 10397105 | Kotak Mahindra Bank Limited | ₹5.85 Cr | Satisfied |
To see the full charge records of GTHS Retails Private Limited, buy the company report.
Total charge records: 11 View all charges
Legal cases
GTHS Retails Private Limited has 126 court cases on record: 7 filed by GTHS Retails, 119 filed against it. 49 cases are pending and 77 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 122 | 118 | 47 |
| High courts | 4 | 1 | 2 |
Cases on record (5 of 126)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Edelweiss Retail Finance Limited | Pending |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Neogrowth Credit Pvt. Ltd. | Pending |
| District court, South West, Delhi | Criminal case | Filed against the company by Religare Finvest Ltd. | Pending |
| High Court | Court case (CRLW) | Filed against the company by Neo Growth Credit Private Limited | Disposed |
| District court, Calcutta, West Bengal | Civil suit | Filed against the company by Ecl Finance Limited | Disposed |
To see the full case history of GTHS Retails 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 GTHS Retails Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
GTHS Retails Private Limited has a workforce of 58 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
GTHS Retails has 8 GST registrations: 1 active and 7 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AABCG6942P1ZX | Karnataka | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of GTHS Retails Private Limited, buy the company report.
Recent activity
GTHS Retails Private Limited has 7 board changes on record since 1994: 2 appointments and 5 cessations. The latest: Sumit Kumar Gupta ceased to be Additional Director on 29 Sep 2017.
20 earlier events are in the company report.
Frequently asked questions
GTHS Retails is currently "Under Liquidation" as per MCA records. The company's assets are being sold to settle outstanding debts owed to creditors. A company under liquidation may not have the legal capacity to fulfil new contracts, and creditors are prioritised in the distribution of proceeds. This is a high-risk status - caution is strongly advised.
GTHS Retails is a company under liquidation, formerly operating as a private limited company based in Delhi, India. The company works in traditional and ethnic wear, within the fashion and textile industry. It was incorporated on 06 June 1994 and is registered under CIN U74999DL1994PTC061301. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
GTHS Retails has 2 current directors:
- Harsh Manchanda Vikas - Managing Director
- Sargun Kumar - Director
The latest financial statements of GTHS Retails 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 CIN (Corporate Identification Number) of GTHS Retails is U74999DL1994PTC061301. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
GTHS Retails has open charges of ₹2.7 Cr and satisfied charges of ₹20.77 Cr as per latest MCA filings.
GTHS Retails has 126 court cases on record: 7 filed by the company and 119 filed against it. 49 are pending. Most are in the district courts.
GTHS Retails was incorporated on 06 June 1994. It is registered with the Registrar of Companies, Delhi.
Sumit Kumar Gupta ceased to be Additional Director on 29 Sep 2017. Sargun Kumar was appointed as Director on 09 Sep 2017. Kamal Manchanda ceased to be Additional Director on 10 May 2017. GTHS Retails has 7 board changes on record in total.
The registered office of GTHS Retails is at Chilla Village Mayur Vihar Phase – 1, Delhi, India – 110091.