Gelco Electronics Profile
Key Indicators
- Authorised Capital ₹ 3.00 M
- Paid Up Capital ₹ 3.00 M
- Company Age 18 Year, 11 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 10.61 Cr
- Satisfied Charges ₹ 10.36 Cr
- Revenue Growth 19.21%
- Profit Growth 102.88%
- Ebitda 43.45%
- Net Worth 24.94%
- Total Assets 5.59%
About Gelco Electronics
Gelco Electronics Private Limited (GEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 30 March 2006 and has a history of 18 years and 11 months. Its registered office is in Naroda Road, Ahmedabad 380 025, Gujarat.
The Company is engaged in the Energy And Power 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 3.00 M.
The company currently has active open charges totaling ₹10.61 Cr. The company has closed loans amounting to ₹10.36 Cr, as per Ministry of Corporate Affairs (MCA) records.
Pragnesh Patel, Naranbhai Patel, Manibhai Patel, and One other member serve as directors at the Company.
Company Details
- Location Naroda Road, Ahmedabad 380 025, Gujarat
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U31100GJ2006PTC048046
- Company No.
048046
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
30 Mar 2006
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Energy and Power
What products or services does Gelco Electronics Private Limited offer?
Gelco Electronics Private Limited offers a wide range of products and services, including Electrical Panels & Distribution Box, Pump Control Panels, Electrical & Electronic Test Devices, Voltmeter, Transformers & Transformer Parts, Electronic Transformers, Indoor Lights & Lighting Accessories, Tube Light, Electric Circuit Components & Spares, Electronic Components.
Who are the key members and board of directors at Gelco Electronics?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Piyush Patel  | Managing Director | 30-Apr-2010 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Pragnesh Patel | Director | 30-Apr-2010 | Current |
| Naranbhai Patel | Director | 30-Mar-2006 | Current |
| Manibhai Patel | Director | 30-Mar-2006 | Current |
Financial Performance of Gelco Electronics.
Gelco Electronics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 19.21% increase. The company also saw a substantial improvement in profitability, with a 102.88% increase in profit. The company's net worth Soared by an impressive increase of 24.94%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Gelco Electronics?
In 2023, Gelco Electronics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
Gelco Marketing Private LimitedManibhai Patel and Piyush Patel are mutual person
Aies Pharma Chem Private LimitedManibhai Patel is a mutual person
Prispi Foods LlpPragnesh Patel is a mutual person
- Ambica Switchgear Private Limited
Pragnesh Patel is a mutual person
- Gnq Copper Private Limited
Pragnesh Patel and Piyush Patel are mutual person
- Croin Infinity Solutions Private Limited
Pragnesh Patel is a mutual person
Charges (Loans)
Open Charges
₹106.14 M
Satisfied Charges
₹103.60 M
Charges Breakdown by Lending Institutions
- The Kalupur Commercial Co-Operative Bank Limited : 9.95 Cr
- Sidbi : 0.66 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2024 | Sidbi | ₹6.63 M | Open |
| 17 Aug 2011 | The Kalupur Commercial Co-Operative Bank Limited | ₹9.95 Cr | Open |
| 27 Aug 2020 | Others | ₹5.40 Cr | Satisfied |
| 19 Aug 2019 | Others | ₹2.50 M | Satisfied |
| 16 Nov 2017 | The Kalupur Commercial Co-Operative Bank Limited | ₹1.20 Cr | Satisfied |
How Many Employees Work at Gelco Electronics?
Gelco Electronics has a workforce of 62 employees as of Mar 31, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Gelco Electronics, 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 Gelco Electronics's trajectory.
Rating
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
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 Gelco Electronics
Recent activity within the organization
- Charges
A charge with Sidbi amounted to Rs. 6.63 M with Charge ID 100982391 was registered on 30 Sep 2024.
- Annual General Meeting
Gelco Electronics Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Gelco Electronics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge registered on 27 Jun 2016 via Charge ID 100052027 with Hdfc Bank Limited was fully satisfied on 24 Apr 2023.
- Charges
A charge registered on 27 Aug 2020 via Charge ID 100366512 with Others was fully satisfied on 29 Mar 2023.
- Charges
A charge registered on 19 Aug 2019 via Charge ID 100286074 with Others was fully satisfied on 27 Mar 2023.
Frequently asked questions
What is the Incorporation or founding date of Gelco Electronics Private Limited?
Gelco Electronics Private Limited was incorporated on 30 Mar 2006.
What is authorized share capital and paid-up capital of Gelco Electronics Private Limited?
The authorized share capital of Gelco Electronics Private Limited is ₹ 3.00 M and paid-up capital is ₹ 3.00 M.
Who are the current board members & directors of Gelco Electronics Private Limited?
Currently 4 directors are associated with Gelco Electronics Private Limited.
- Pragnesh Manibhai Patel
- Naranbhai Haribhai Patel
- Manibhai Haribhai Patel
- Piyush Naranbhai Patel
What is the registered address of Gelco Electronics Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Gelco Electronics Private Limited is 6 7, 8 16 Amarnath Estatenr. Krishna Gopal Estate India, Naroda Road Ahmedabad 380 025, Gujarat.
What is the corporate identification number (CIN) and company number of Gelco Electronics Private Limited?
The corporate identification number (CIN) of Gelco Electronics Private Limited is U31100GJ2006PTC048046 and the company number is 048046 as per Ministry of Corporate Affairs (MCA).
What is the official website of Gelco Electronics Private Limited?
The Official website of Gelco Electronics Private Limited is https://www.gelco-world.com
What has been the recent revenue trend for Gelco Electronics Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Gelco Electronics Private Limited has risen by 19.21%.
How many employees does Gelco Electronics Private Limited currently have?
As Per 2023 financial reports, 62 employees are currently employed by Gelco Electronics Private Limited.
What change has been observed in the net worth of Gelco Electronics Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Gelco Electronics Private Limited has experienced an upsurge of 24.94%.
What are the total open charges for Gelco Electronics Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Gelco Electronics Private Limited amount to ₹ 10.61 Cr.
When was the last Balance Sheet of Gelco Electronics Private Limited filed with the ROC?
The most recent Balance Sheet for Gelco Electronics Private Limited was filed with the ROC on 31 Mar 2024.