Genesis Artificial Intelligence Private Limited

Provides software services for analyzing bank and financial statements, and invoices.

2013 | Ahmedabad, Gujarat (India) | Active
Last Updated: November 16, 2024

Genesis Artificial Intelligence Profile

Key Indicators

  • Authorised Capital ₹ 0.60 M
  • Paid Up Capital ₹ 0.28 M
  • Company Age 11 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 2.00 Cr
  • Satisfied Charges ₹ 6.30 M
  • Revenue Growth 87.99%
  • Profit Growth 2.00%
  • Ebitda -1.50%
  • Net Worth -57.02%
  • Total Assets 0.38%

About Genesis Artificial Intelligence

Genesis Artificial Intelligence Private Limited (GAIPL) is a Private Limited Indian Non-Government Company incorporated in India on 10 December 2013 and has a history of 11 years and one month. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Information Technology 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 0.60 M and a paid-up capital of Rs 0.28 M.

The company currently has active open charges totaling ₹2.00 Cr. The company has closed loans amounting to ₹6.30 M, as per Ministry of Corporate Affairs (MCA) records.

Niraj Hutheesing, Mohit Shah, Purav Nikhil, and One other member serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U72100GJ2013PTC077834

  • Company No.

    077834

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    10 Dec 2013

  • Date of AGM

    17 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Information Technology

Who are the key members and board of directors at Genesis Artificial Intelligence?

Executive Team (1)

Name Designation Appointment Date Status
Mohit Shah Country flag representing In Managing Director 10-Dec-2013 Current

Board Members (3)

Name Designation Appointment Date Status
Purav Nikhil Country flag representing In Whole-Time Director 10-Dec-2013 Current
Niraj Hutheesing Country flag representing In Director 12-May-2022 Current
Sanket Handa Country flag representing In Director 12-May-2022 Current

Financial Performance of Genesis Artificial Intelligence.

Genesis Artificial Intelligence Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 87.99% increase. The company also saw a slight improvement in profitability, with a 2% increase in profit. The company's net worth observed a substantial decline by a decrease of 57.02%.

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
87.99%
Revenue from Operations
90.44%
Total Assets
0.38%
Profit or Loss
2.00%
Net Worth
-57.02%
EBITDA
-1.50%

What is the Ownership and Shareholding Structure of Genesis Artificial Intelligence?

In 2023, Genesis Artificial Intelligence had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹20.00 M

Satisfied Charges

₹6.30 M

Charges Breakdown by Lending Institutions

  • Others : 2.00 Cr

Latest Charge Details

Date Lender Amount Status
30 Nov 2023 Others ₹2.00 Cr Open
09 Sep 2021 Axis Bank Limited ₹6.30 M Satisfied

How Many Employees Work at Genesis Artificial Intelligence?

Genesis Artificial Intelligence has a workforce of 22 employees as of Apr 06, 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 Genesis Artificial Intelligence, 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 Genesis Artificial Intelligence'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 Genesis Artificial Intelligence

Recent activity within the organization

  • Annual General Meeting

    Genesis Artificial Intelligence Private Limited last Annual general meeting of members was held on 17 Sep 2024 as per latest MCA records.

    17 Sep 2024

  • Charges

    A charge registered on 09 Sep 2021 via Charge ID 100476335 with Axis Bank Limited was fully satisfied on 19 Jul 2024.

    19 Jul 2024

  • Balance Sheet

    Genesis Artificial Intelligence Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

    31 Mar 2024

  • Charges

    A charge with Others amounted to Rs. 20.00 M with Charge ID 100833204 was registered on 30 Nov 2023.

    30 Nov 2023

  • Director Appointment

    Niraj Karnik Hutheesing was appointed as a Director was appointed as a Director on 12 May 2022 & has been associated with this company since 2 years 8 months .

    12 May 2022

  • Director Appointment

    Sanket Handa was appointed as a Director was appointed as a Director on 12 May 2022 & has been associated with this company since 2 years 8 months .

    12 May 2022

Frequently asked questions

  • Genesis Artificial Intelligence Private Limited was incorporated on 10 Dec 2013.

  • The authorized share capital of Genesis Artificial Intelligence Private Limited is ₹ 0.60 M and paid-up capital is ₹ 0.28 M.

  • Currently 4 directors are associated with Genesis Artificial Intelligence Private Limited.

    • Niraj Karnik Hutheesing
    • Mohit Sandeep Shah
    • Purav Parekh Nikhil
    • Sanket Handa
  • As per Ministry of Corporate Affairs (Mca), the registered address of Genesis Artificial Intelligence Private Limited is Block-B-503 Shilp Corporate Park Beside Aaron Spectrum, Rajpath Road India, Ahmadabad City, Gujarat, 380054.

  • The corporate identification number (CIN) of Genesis Artificial Intelligence Private Limited is U72100GJ2013PTC077834 and the company number is 077834 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Genesis Artificial Intelligence Private Limited is https://www.glib.ai

  • According to the financial reports for the fiscal year 2023, the revenue trend for Genesis Artificial Intelligence Private Limited has risen by 87.99%.

  • As Per 2023 financial reports, 22 employees are currently employed by Genesis Artificial Intelligence Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Genesis Artificial Intelligence Private Limited has experienced an downturn of -57.02%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Genesis Artificial Intelligence Private Limited amount to ₹ 2.00 Cr.

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

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