Shri Gumandev Processors Private Limited
About Shri Gumandev Processors Private Limited
Data last updated:
Shri Gumandev Processors Private Limited is a private limited company based in Gujarat, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the textile and fabric production segment of the manufacturing sector. It was incorporated on 14 November 2003.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U17124GJ2003PTC043185. Its GSTIN is 24AACCG0503D1ZI (Gujarat).
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹1.7 Cr. It was formerly known as Shri Gumandev Processors Limited. It is led by directors including Kailash Thanmal Shah (Irp/Rp/Liquidator) and Khalid Abdulgani Rangrej.
Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at 706 G I D Cindustrial Estate Ankleshwar, Gujarat, India.
As per the financials filed for FY 2022, the company reported a revenue of ₹5.8 Cr, a decline of 58% compared to the previous year. For the same year it recorded a net loss of ₹5 Cr (net margin -86.3%) and EBITDA of -₹3.77 Cr (EBITDA margin -65.1%). Revenue has declined at a compounded annual rate (CAGR) of 20% over three years and 7% over five years.
As per MCA filings, the company has open charges of ₹7.86 Cr and satisfied charges of ₹18.79 Cr on record. Court records list 23 cases involving the company, including 23 filed against it; 12 cases are pending.
Company details
Contact details
Shri Gumandev Processors Private Limited's registered office is in Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered Address706 G I D Cindustrial Estate Ankleshwar, Gujarat, India
- IndustryManufacturing, Textile & Fabric Production
To see the full contact details of Shri Gumandev Processors 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 Shri Gumandev Processors 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 Shri Gumandev Processors Private Limited, buy the company report.
Financials of Shri Gumandev Processors Private Limited
FY 2022 filings availableShri Gumandev Processors Private Limited reported revenue of ₹5.8 Cr (down 58% YoY) for FY 2022.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 7% over five years, including a 58% fall in the latest year. EBITDA fell 354% 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 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹5.8 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | -₹3.77 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹5 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
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| Trade Payables | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 | FY 2017-18 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -65.1% | ||||
| Net Profit Margin | -86.3% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
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| 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 Shri Gumandev Processors Private Limited, buy the company report.
Board of directors of Shri Gumandev Processors Private Limited
Shri Gumandev Processors has 4 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Eajaz Y Laheri | Additional Director | 15 May 2023 | 3 Years 5 Months | As last reported |
| Kailash Thanmal Shah Also directs: Shah Kailash & Associates LLP, Vista Solvency LLP | Irp/Rp/Liquidator | 22 Nov 2024 | 1 Years 11 Months | As last reported |
| Khalid Abdulgani Rangrej | Director | 19 Oct 2019 | 7 Years 0 Months | As last reported |
| Abdulnasir Abdulsattar Joya Also directs: NNP Garment and Fabrics Private Limited | Director | 25 Jul 2018 | 8 Years 3 Months | As last reported |
Auditor
Shri Gumandev Processors Private Limited is audited by AIMS & ASSOCIATES for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AIMS & ASSOCIATES | FY 2022 | 127628W |
Shareholding
The shareholding of Shri Gumandev Processors Private Limited is on record for 5 financial years, the latest being FY 2022, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2022 | 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 Shri Gumandev Processors Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Aug 2021 | 100474630 | Yes Bank Limited | ₹7.37 Cr | Open | |
| 15 Feb 2021 | 100416655 | Axis Bank Limited | ₹48.95 Lakh | Open | |
| 12 Mar 2020 | 100332537 | Others | ₹5 Cr | Satisfied | |
| 28 Feb 2013 | 10413119 | Reliance Capital Ltd | ₹50 Lakh | Satisfied | |
| 25 Mar 2011 | 10280046 | Allahabad Bank | ₹5.5 Cr | Satisfied |
To see the full charge records of Shri Gumandev Processors Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
Shri Gumandev Processors Private Limited has 23 court cases on record: 23 filed against it. 12 cases are pending and 11 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 18 | 18 | 8 |
| NCLAT | 4 | 4 | 4 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 23)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by M/S Reliance Capital Limited, Through Itd Authorised Signatory, Mr. Sheetal Vijaychand Mehta | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Reliance Capital Ltd. , | Disposed |
| NCLAT, NCLAT New Delhi | Company appeal | Filed against the company by individuals | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by individuals | Pending |
| District court, SURAT, Gujarat | Commercial matter | Filed against the company by an individual | Pending |
To see the full case history of Shri Gumandev Processors 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 Shri Gumandev Processors Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Shri Gumandev Processors has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCG0503D1ZI | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Shri Gumandev Processors Private Limited, buy the company report.
Recent activity
Shri Gumandev Processors Private Limited has 17 board changes on record since 2016: 4 appointments and 13 cessations. The latest: Kailash Thanmal Shah was appointed as Irp/Rp/Liquidator on 22 Nov 2024.
24 earlier events are in the company report.
Frequently asked questions
Shri Gumandev Processors is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Shri Gumandev Processors is a company under insolvency, formerly operating as a private limited company based in Gujarat, India. The company works in textile and fabric production, within the manufacturing industry. It was incorporated on 14 November 2003 and is registered under CIN U17124GJ2003PTC043185. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Shri Gumandev Processors has 4 current directors:
- Eajaz Y Laheri - Additional Director
- Khalid Abdulgani Rangrej - Director
- Abdulnasir Abdulsattar Joya - Director
- Kailash Thanmal Shah - Irp/Rp/Liquidator
The latest financial statements of Shri Gumandev Processors on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Shri Gumandev Processors is U17124GJ2003PTC043185. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Shri Gumandev Processors has open charges of ₹7.86 Cr and satisfied charges of ₹18.79 Cr as per latest MCA filings.
Shri Gumandev Processors has 23 court cases on record: 23 filed against it. 12 are pending. Most are in the district courts.
Shri Gumandev Processors was incorporated on 14 November 2003. It is registered with the Registrar of Companies, Ahmedabad.
Kailash Thanmal Shah was appointed as Irp/Rp/Liquidator on 22 Nov 2024. Salahuddin Hasanuddin Baig ceased to be Additional Director on 29 Sep 2023. Eajaz Y Laheri was appointed as Additional Director on 15 May 2023. Shri Gumandev Processors has 17 board changes on record in total.
The registered office of Shri Gumandev Processors is at 706 G I D Cindustrial Estate Ankleshwar, Gujarat, India.
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