Gear-Up Electric Private Limited

Produces EWA and LED lighting products for various indoor and outdoor spaces.

2015 | Faridabad, Haryana (India) | Active
Last Updated:

Gear-Up Electric Profile

Key Indicators

  • Authorised Capital ₹ 3.00 M
  • Paid Up Capital ₹ 2.20 M
  • Company Age 9 Year, 10 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.80 Cr
  • Revenue Growth 24.50%
  • Profit Growth -23.81%
  • Ebitda 11.33%
  • Net Worth 20.08%
  • Total Assets 73.21%

About Gear-Up Electric

Gear-Up Electric Private Limited (GEPL) is a Private Limited Indian Non-Government Company incorporated in India on 12 May 2015 (Nine years and ten months 5 days old ). Its registered office is in Faridabad, Haryana, India.

The Company is engaged in the Consumer Electronics & Durables Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 3.00 M and a paid-up capital of Rs 2.20 M.

The company currently has active open charges totaling ₹1.80 Cr.

Mahinder Taneja and Ravish Taneja serve as directors at the Company.

Company Details

  • Location

    Faridabad, Haryana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U31401HR2015PTC055380

  • Company No.

    055380

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    12 May 2015

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Delhi

Industry

Consumer Electronics & Durables

What products or services does Gear-Up Electric Private Limited offer?

Gear-Up Electric Private Limited offers a wide range of products and services, including Indoor Lights & Lighting Accessories, Downlights, LED Tube Light, LED Batten Light, LED Bulb, Aluminum LED Bulb.

Company report

Gear-Up Electric Private Limited

Explore comprehensive data for Gear-Up Electric Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Gear-Up Electric?

Board Members (2)

NameDesignationAppointment DateStatus
Mahinder Taneja Country flag representing In Director 12-May-2015Current
Ravish Taneja Country flag representing In Director 12-May-2015Current

Financial Performance of Gear-Up Electric.

Gear-Up Electric Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.5% increase. The company also saw a substantial fall in profitability, with a 23.81% decrease in profit. The company's net worth Soared by an impressive increase of 20.08%.

Gear-Up Electric revenue growth over time
Gear-Up Electric profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
24.50%
Revenue from Operations
24.50%
Total Assets
73.21%
Profit or Loss
-23.81%
Net Worth
20.08%
EBITDA
11.33%

What is the Ownership and Shareholding Structure of Gear-Up Electric?

Unlock access to Gear-Up Electric's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹18.00 M

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 1.80 Cr

Latest Charge Details

DateLenderAmountStatus
19 Jul 2018Others₹1.80 CrOpen

How Many Employees Work at Gear-Up Electric?

Gear-Up Electric has a workforce of 9 employees as of Apr 04, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Gear-Up Electric Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gear-Up Electric, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Gear-Up Electric's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Gear-Up Electric

Recent activity within the organization

  • Annual General Meeting

    Gear-Up Electric Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Charges

    A charge with Others of Rs. 18.00 M registered on 19 Jul 2018 with Charge ID 100242966 was modified on 21 Aug 2024.

  • Balance Sheet

    Gear-Up Electric Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi.

  • Charges

    A charge with Others amounted to Rs. 18.00 M with Charge ID 100242966 was registered on 19 Jul 2018.

  • Director Appointment

    Mahinder Taneja was appointed as a Director was appointed as a Director on 12 May 2015 & has been associated with this company since 9 years 10 months .

  • Director Appointment

    Ravish Taneja was appointed as a Director was appointed as a Director on 12 May 2015 & has been associated with this company since 9 years 10 months .

Frequently asked questions

  • What is the Incorporation or founding date of Gear-Up Electric Private Limited?

    Gear-Up Electric Private Limited was incorporated on 12 May 2015.

  • What is authorized share capital and paid-up capital of Gear-Up Electric Private Limited?

    The authorized share capital of Gear-Up Electric Private Limited is ₹ 3.00 M and paid-up capital is ₹ 2.20 M.

  • Who are the current board members & directors of Gear-Up Electric Private Limited?

    Currently 2 directors are associated with Gear-Up Electric Private Limited.

    • Mahinder Taneja
    • Ravish Taneja
  • What is the registered address of Gear-Up Electric Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Gear-Up Electric Private Limited is Plot No. 752, Sector 69 Imt Faridabad India, Ballabgarh, Haryana, 121004.

  • What is the corporate identification number (CIN) and company number of Gear-Up Electric Private Limited?

    The corporate identification number (CIN) of Gear-Up Electric Private Limited is U31401HR2015PTC055380 and the company number is 055380 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Gear-Up Electric Private Limited?

    The Official website of Gear-Up Electric Private Limited is https://www.gear-up.in

  • What has been the recent revenue trend for Gear-Up Electric Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Gear-Up Electric Private Limited has risen by 24.50%.

  • How many employees does Gear-Up Electric Private Limited currently have?

    As Per 2023 financial reports, 9 employees are currently employed by Gear-Up Electric Private Limited.

  • What change has been observed in the net worth of Gear-Up Electric Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Gear-Up Electric Private Limited has experienced an upsurge of 20.08%.

  • What are the total open charges for Gear-Up Electric Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Gear-Up Electric Private Limited amount to ₹ 1.80 Cr.

  • When was the last Balance Sheet of Gear-Up Electric Private Limited filed with the ROC?

    The most recent Balance Sheet for Gear-Up Electric Private Limited was filed with the ROC on 31 Mar 2024.

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