Geltec Private Limited

Manufacturer of soft gelatin capsules with diverse product portfolio and large production capacity.

1994 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Geltec Profile

Key Indicators

  • Authorised Capital ₹ 20.00 Cr
  • Paid Up Capital ₹ 13.39 Cr
  • Company Age 30 Year, 9 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 27.51 Cr
  • Satisfied Charges ₹ 33.24 Cr
  • Revenue Growth 14.71%
  • Profit Growth 23.65%
  • Ebitda 58.36%
  • Net Worth 10.92%
  • Total Assets 13.18%

About Geltec

Geltec Private Limited (GPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 April 1994 and has a history of 30 years and nine months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Banner Pharmacaps (India) Private Limited. The Company is engaged in the Pharma 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 20.00 Cr and a paid-up capital of Rs 13.39 Cr.

The company currently has active open charges totaling ₹27.51 Cr. The company has closed loans amounting to ₹33.24 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Geltec Private Limited India are Gaurav Sharma as CEO and Sandeep Ruparel as Company Secretary. Vikram Tannan, Vivek Tannan, Rakesh Khanna, and Five other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    geltec.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24230MH2002PTC135200

  • Company No.

    135200

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Apr 1994

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Pharma

What products or services does Geltec Private Limited offer?

Geltec Private Limited offers a wide range of products and services, including Fitness Clubs and Beauty Parlours, Beauty Services, Nutraceuticals & Dietary Supplements, Fitness Supplements, Weight Gain Nutrition.

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

Executive Team (2)

NameDesignationAppointment DateStatus
Gaurav Sharma CEO01-Sep-2022Current
Sandeep Ruparel Company Secretary20-Mar-2013Current

Board Members (8)

NameDesignationAppointment DateStatus
Suresh Khanna Country flag representing In Director 18-Mar-2008Current
Preetika Tanan Country flag representing In Director 12-Aug-2015Current
Bharat Raut Country flag representing In Director 04-Apr-2007Current
Vikram Tannan Country flag representing In Director 02-Sep-2002Current
Vivek Tannan Country flag representing In Director 02-Sep-2002Current
Rakesh Khanna Country flag representing In Director 11-Oct-2005Current

Financial Performance of Geltec.

Geltec Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 14.71% increase. The company also saw a substantial improvement in profitability, with a 23.65% increase in profit. The company's net worth Soared by an impressive increase of 10.92%.

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
14.71%
Revenue from Operations
19.84%
Total Assets
13.18%
Profit or Loss
23.65%
Net Worth
10.92%
EBITDA
58.36%

What is the Ownership and Shareholding Structure of Geltec?

In 2023, Geltec had a promoter holding of 99.94% and a public holding of 0.06%. The company had 1 Joint Venture and 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹27.51 Cr

Satisfied Charges

₹33.24 Cr

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Bank Limited : 13.50 Cr
  • Others : 12.00 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 2.01 Cr

Latest Charge Details

DateLenderAmountStatus
05 Jan 2023The Hongkong And Shanghai Banking Corporation Limited₹2.01 CrOpen
13 Feb 2017Others₹12.00 CrOpen
09 Mar 2015Kotak Mahindra Bank Limited₹13.50 CrOpen
20 Jan 2020Citi Bank N.A.₹1.00 CrSatisfied
26 Mar 2010Dbs Bank Ltd₹5.00 CrSatisfied

How Many Employees Work at Geltec?

Geltec has a workforce of 331 employees as of Apr 08, 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 Geltec, 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 Geltec'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 Geltec

Recent activity within the organization

  • Annual General Meeting

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

    30 Sep 2024

  • Balance Sheet

    Geltec Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

    31 Mar 2024

  • Charges

    A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 2.01 Cr with Charge ID 100670071 was registered on 05 Jan 2023.

    05 Jan 2023

  • Charges

    A charge registered on 20 Jan 2020 via Charge ID 100325008 with Citi Bank N.A. was fully satisfied on 25 Mar 2022.

    25 Mar 2022

  • Charges

    A charge with Citi Bank N.A. amounted to Rs. 1.00 Cr with Charge ID 100325008 was registered on 20 Jan 2020.

    20 Jan 2020

  • Director Appointment

    Gaurav Sharma was appointed as a Director was appointed as a Director on 19 Jun 2018 & has been associated with this company since 6 years 8 months .

    19 Jun 2018

Frequently asked questions

  • Geltec Private Limited was incorporated on 28 Apr 1994.

  • The authorized share capital of Geltec Private Limited is ₹ 20.00 Cr and paid-up capital is ₹ 13.39 Cr.

  • Currently 10 directors are associated with Geltec Private Limited.

    • Vikram Bodhraj Tannan
    • Vivek Vikram Tannan
    • Rakesh Khanna
    • Bharat Sumant Raut
    • Suresh Khanna
    • Preetika Vikram Tanan
    • Piyush Ranjan
    • Gaurav Sharma
    • Gaurav Sharma
    • Sandeep Tulsidas Ruparel
  • As per Ministry of Corporate Affairs (Mca), the registered address of Geltec Private Limited is 1St Floor Capsulationservices Premises Sion-Trombay Road Deonar, India, Mumbai, Maharashtra, 400088.

  • The corporate identification number (CIN) of Geltec Private Limited is U24230MH2002PTC135200 and the company number is 135200 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Geltec Private Limited is https://www.geltec.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Geltec Private Limited has risen by 14.71%.

  • As Per 2023 financial reports, 331 employees are currently employed by Geltec Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Geltec Private Limited has experienced an upsurge of 10.92%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Geltec Private Limited amount to ₹ 27.51 Cr.

  • The most recent Balance Sheet for Geltec Private Limited was filed with the ROC on 31 Mar 2024.

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