Mar 31, 2015
1. Company Information
GCM Capital Advisors Limited (referred to as "Company") has been
incorporated on May 9, 2013 Press Journal Marg, Nariman Point, Mumbai -
400021.
2. Balances shown under Long Term Liabilities, Other Current
Liabilities and Long Term Loans and Advances and Short Term Loans &
Advances are subject to Confirmation, reconciliation and consequential
adjustments, if any.
3. Events Occurring after Balance Sheet Date
No significant events which could effect the financial possition as on
March 31, 2015, to a material extent have been reported by the
management, after the balance sheet date till the signing of the
report.
4. Contingent Liabilities
The Company does not have any pending litigations / disputed matters as
at March 31, 2015 including Income Tax, Sales Tax and Other Taxes which
will impact the financial possition in its financial statements as on
March 31, 2015.
Mar 31, 2014
A. Company Information
GCM Capital Advisors Limited (referred to as "Company") has been
incorporated on May 9, 2013 vide CIN U65923MH2013PLC243163 having
registered office at 505, Raheja Centre, 214, Free Press Journal Marg,
Nariman Point, Mumbai 400 021.
The Company is a financial services company mainly engaged in the
business of providing financial advisory & consultancy services and
engaged in treasury operations by providing funding solutions to
clients both in the form of Debts & Equity and Investment activities.
i) In the opinion of the management, current assets, loans and advances
and other receivables have realizable value of at least the amounts at
which they are stated in the accounts.
ii) Balances shown under Secured & Unsecured Loans, Sundry Creditors,
Advance from Customers, Other Liabilities & Payables, Advance for
Property and Services, Advance to Suppliers, Trade Receivables, Loans
and Advances (Assets), Sundry Deposits and Other Current Assets are
subject to confirmations, reconciliation and consequential adjustments,
if any thereon.
iii) Management has sought information from various suppliers in case
if they are registered under MSMED Act, 2006. However no information
has been received from suppliers regarding their status under the said
Act and hence disclosure, if any, relating to amounts unpaid as at the
year end together with interest paid/payable as required under the said
act have not been furnished.
iv) As per Accounting Standard (AS) 17 on "Segment Reporting", Segment
information has not been provided as the Company has only one
reportable segment.
v) Related party transactions:
A) Related parties and their relationship Key Management Personnel:
i) Mr. Samir Baid (Non Executive Director of the Company)
ii) Mr. Manish Baid (Managing Director of the Company).
Promoters of the Company:
i) GCM Securities Limited
Others: Enterprises over which Key Management Personnel are able to
exercise significant influence/controls
a. Global Capital Market & Infrastructure Limited
b. GCM Commodity and Derivatives Limited
c. Cadillac Vanijya Private Limited
d. Chello Commodities Private Limited
e. Silver Pearl Commercial Private Limited
vi) These financial statements have been prepared in the format
prescribed by the Revised Schedule VI to the Companies Act. Previous
year figures have been restated to conform to the classification of the
current year.
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article