Gee Limited

Manufacturer of welding electrodes and related products with three facilities in India.

1960 | Thane, Maharashtra (India) | Active
Last Updated: October 24, 2024

Gee Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 5.20 Cr
  • Company Age 64 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 191.74 Cr
  • Satisfied Charges ₹ 157.52 Cr
  • Revenue Growth 22.30%
  • Profit Growth -43.55%
  • Ebitda -17.47%
  • Net Worth 3.84%
  • Total Assets 7.38%

About Gee

Gee Limited (GL) was founded in India on 24 November 1960 and has a glorious history of 64 years and two months. Its registered office is in Thane, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 504028.

The Corporate was formerly known as General Electrodes And Equipment Limited. The Company is engaged in the Engineering Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 5.20 Cr.

The company currently has active open charges totaling ₹191.74 Cr. The company has closed loans amounting to ₹157.52 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Gee Limited India are Payal Agarwal as CFO and Aditya Jalan as Company Secretary. Milind Parekh, Vinod Aggarwal, Amit Agarwal, and Seven other members serve as directors at the Company.

Company Details

  • Location

    Thane, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    geelimited.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L99999MH1960PLC011879

  • Company No.

    011879

  • Stock Symbol

    BSE : 504028

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    24 Nov 1960

  • Date of AGM

    12 Apr 2024

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Engineering

What products or services does Gee Limited offer?

Gee Limited offers a wide range of products and services, including Metal and Alloy Wires, Metal Wire, Welding, Rods, Electrodes & Wires, Welding Electrodes, Welding Wires, Copper Wires.

Who are the key members and board of directors at Gee?

Executive Team (3)

NameDesignationAppointment DateStatus
Sanwarmal Agarwal Country flag representing In Managing Director19-Aug-1996Current
Payal Agarwal Country flag representing In CFO06-Aug-2015Current
Aditya Jalan Company Secretary01-Jun-2023Current

Board Members (9)

NameDesignationAppointment DateStatus
Shankar Agarwal Country flag representing In Whole-Time Director 09-Jan-2007Current
Milind Parekh Country flag representing In Director 12-Feb-2021Current
Vinod Aggarwal Country flag representing In Director 06-Apr-2021Current
Amit Agarwal Country flag representing In Director 01-Apr-2019Current
Umesh Agarwal Country flag representing In Whole-Time Director 09-Jan-2007Current
Sujit Sen Country flag representing In Director 12-Feb-2021Current

Financial Performance of Gee.

Gee Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 22.3% increase. The company also saw a substantial fall in profitability, with a 43.55% decrease in profit. The company's net worth moved up by a moderate rise of 3.84%.

Graph illustrating revenue growth over time
Graph showing 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
22.30%
Revenue from Operations
22.34%
Total Assets
7.38%
Profit or Loss
-43.55%
Net Worth
3.84%
EBITDA
-17.47%

What is the Ownership and Shareholding Structure of Gee?

In 2022, Gee had a promoter holding of 73.65% and a public holding of 26.35%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹191.74 Cr

Satisfied Charges

₹157.52 Cr

Charges Breakdown by Lending Institutions

  • Tjsb Sahakari Bank Limited : 65.50 Cr
  • Yes Bank Limited : 40.00 Cr
  • Others : 37.87 Cr
  • Hdfc Bank Limited : 36.00 Cr
  • The Thane Janata Sahakari Bank Ltd. : 10.00 Cr
  • Others : 2.37 Cr

Latest Charge Details

DateLenderAmountStatus
09 Feb 2024Yes Bank Limited₹40.00 CrOpen
28 Sep 2023Hdfc Bank Limited₹5.30 CrOpen
21 Apr 2023Others₹7.87 CrOpen
17 Mar 2023Hdfc Bank Limited₹2.12 MOpen
04 Feb 2022Hdfc Bank Limited₹1.17 MOpen

How Many Employees Work at Gee?

Gee has a workforce of 308 employees as of Apr 05, 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.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gee, 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 Gee'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 Gee

Recent activity within the organization

  • Director Appointment

    Neelam Tater was appointed as a Director was appointed as a Director on 24 Aug 2024 & has been associated with this company since 5 months 29 days .

    24 Aug 2024

  • Director Appointment

    Pradip Kumar Das was appointed as a Nominee Director was appointed as a Nominee Director on 20 Jun 2024 & has been associated with this company since 8 months 2 days .

    20 Jun 2024

  • Charges

    A charge with Yes Bank Limited of Rs. 40.00 Cr registered on 09 Feb 2024 with Charge ID 100869283 was modified on 24 Apr 2024.

    24 Apr 2024

  • Annual General Meeting

    Gee Limited last Annual general meeting of members was held on 12 Apr 2024 as per latest MCA records.

    12 Apr 2024

  • Charges

    A charge registered on 11 Apr 2015 via Charge ID 10564799 with Others was fully satisfied on 05 Mar 2024.

    05 Mar 2024

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 40.00 Cr with Charge ID 100869283 was registered on 09 Feb 2024.

    09 Feb 2024

Frequently asked questions

  • Gee Limited was incorporated on 24 Nov 1960.

  • The authorized share capital of Gee Limited is ₹ 10.00 Cr and paid-up capital is ₹ 5.20 Cr.

  • Currently 12 directors are associated with Gee Limited.

    • Milind Bharat Parekh
    • Vinod Kumar Aggarwal
    • Amit Agarwal
    • Sanwarmal Agarwal
    • Shankar Lal Agarwal
    • Umesh Ramkishan Agarwal
    • Sujit Sen
    • Om Prakash Agarwal
    • Pradip Kumar Das
    • Neelam Tater
    • Payal Agarwal
    • Aditya Jalan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gee Limited is Plot No E-1Road 7 Wagle Industrial Estate India, Thane, Maharashtra, 400604.

  • The corporate identification number (CIN) of Gee Limited is L99999MH1960PLC011879 and the company number is 011879 as per Ministry of Corporate Affairs (MCA).

  • Yes, Gee Limited is registered on Bombay Stock Exchange (BSE).

  • The Official website of Gee Limited is https://www.geelimited.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gee Limited has risen by 22.30%.

  • As Per 2023 financial reports, 308 employees are currently employed by Gee Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gee Limited has experienced an upsurge of 3.84%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gee Limited amount to ₹ 191.74 Cr.

  • The most recent Balance Sheet for Gee Limited was filed with the ROC on 31 Mar 2023.

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