Genesis Colors Limited

Fashion retail company selling clothing, footwear, and accessories since 1998 in Mumbai, Maharashtra.

1998 | Mumbai, Maharashtra (India) | Active
Last Updated: November 16, 2024

Genesis Colors Profile

Key Indicators

  • Authorised Capital ₹ 54.01 Cr
  • Paid Up Capital ₹ 12.57 Cr
  • Company Age 26 Year, 3 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 245.32 Cr
  • Revenue Growth 58.43%
  • Profit Growth 12.60%
  • Ebitda 158.89%
  • Net Worth -34.38%
  • Total Assets 10.18%

About Genesis Colors

Genesis Colors Limited (GCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 23 November 1998 and has a history of 26 years and three months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Genesis Retail Private Limited. The Company is engaged in the Fashion And Textile 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 54.01 Cr and a paid-up capital of Rs 12.57 Cr.

The company has closed loans amounting to ₹245.32 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Genesis Colors Limited India are Sourabh Gupta as Cfo, Ravindra Patel as Company Secretary, and Yash Baheti as Ceo. Ravichandran Nageswaran, Ashish Patil, Sanjay Kapoor, and Two other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    genesiscolors.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51311MH1998PLC335921

  • Company No.

    335921

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    23 Nov 1998

  • Date of AGM

    27 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Fashion and Textile
Consumer Goods

What products or services does Genesis Colors Limited offer?

Genesis Colors Limited offers a wide range of products and services, including Neckties, Bow Ties & Tie Accessories, Ties, Ladies Dresses, Apparels & Clothings, Ladies Western Wear.

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

Executive Team (3)

NameDesignationAppointment DateStatus
Sourabh Gupta CFO07-May-2024Current
Ravindra Patel Company Secretary14-Jan-2020Current
Yash Baheti CEO22-Sep-2018Current

Board Members (5)

NameDesignationAppointment DateStatus
Samirbhai Sheth Country flag representing In Director 16-Oct-2021Current
Ashish Patil Country flag representing In Director 09-Jan-2023Current
Ravichandran Nageswaran Country flag representing In Additional Director 06-Nov-2024Current
Sanjay Kapoor Country flag representing In Director 23-Nov-1998Current
Venkataraman Ramachandran Country flag representing In Director 22-Sep-2018Current

Financial Performance of Genesis Colors.

Genesis Colors Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 58.43% increase. The company also saw a substantial improvement in profitability, with a 12.6% increase in profit. The company's net worth observed a substantial decline by a decrease of 34.38%.

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
58.43%
Revenue from Operations
66.65%
Total Assets
10.18%
Profit or Loss
12.60%
Net Worth
-34.38%
EBITDA
158.89%

What is the Ownership and Shareholding Structure of Genesis Colors?

In 2022, Genesis Colors had a promoter holding of 72.73% and a public holding of 27.27%. 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

₹0

Satisfied Charges

₹245.32 Cr

Charges Breakdown by Lending Institutions

  • The Hongkong And Shanghai Banking Corporation Limited : 71.00 Cr
  • Others : 45.35 Cr
  • Punjab National Bank : 39.85 Cr
  • Icici Bank Limited : 24.00 Cr
  • Citibank N.A. : 17.00 Cr
  • Others : 48.12 Cr

Latest Charge Details

DateLenderAmountStatus
01 Jul 2017Others₹3.51 MSatisfied
16 Apr 2013Others₹45.00 CrSatisfied
17 Aug 2012Bmw India Financial Services Private Limited₹0.50 MSatisfied
17 Aug 2012Bmw India Financial Services Private Limited₹0.65 MSatisfied
22 Mar 2012Punjab National Bank₹0.40 MSatisfied

How Many Employees Work at Genesis Colors?

Genesis Colors has a workforce of 99 employees as of Mar 28, 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 Colors, 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 Colors'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 Colors

Recent activity within the organization

  • Director Appointment

    Ravichandran Nageswaran was appointed as a Additional Director was appointed as a Additional Director on 06 Nov 2024 & has been associated with this company since 3 months 16 days .

    06 Nov 2024

  • Annual General Meeting

    Genesis Colors Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.

    27 Sep 2024

  • Director Appointment

    Sourabh Gupta was appointed as a Cfo was appointed as a Cfo on 07 May 2024 & has been associated with this company since 9 months 16 days .

    07 May 2024

  • Balance Sheet

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

    31 Mar 2024

  • Director Appointment

    Ashish Mahadeo Patil was appointed as a Director was appointed as a Director on 09 Jan 2023 & has been associated with this company since 2 years 1 month .

    09 Jan 2023

  • Charges

    A charge registered on 01 Jul 2017 via Charge ID 100169658 with Others was fully satisfied on 05 Aug 2022.

    05 Aug 2022

Frequently asked questions

  • Genesis Colors Limited was incorporated on 23 Nov 1998.

  • The authorized share capital of Genesis Colors Limited is ₹ 54.01 Cr and paid-up capital is ₹ 12.57 Cr.

  • Currently 8 directors are associated with Genesis Colors Limited.

    • Ravichandran Nageswaran
    • Ashish Mahadeo Patil
    • Sanjay Kapoor
    • Samirbhai Rameshbhai Sheth
    • Venkataraman Ramachandran
    • Sourabh Gupta
    • Ravindra Bhalchandra Patel
    • Yash Baheti
  • As per Ministry of Corporate Affairs (Mca), the registered address of Genesis Colors Limited is 4Th Floor Court House Lokmanya Tilak Marg Dhobi Talao, India, Mumbai, Maharashtra, 400002.

  • The corporate identification number (CIN) of Genesis Colors Limited is U51311MH1998PLC335921 and the company number is 335921 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Genesis Colors Limited is https://www.genesiscolors.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Genesis Colors Limited has risen by 58.43%.

  • As Per 2023 financial reports, 99 employees are currently employed by Genesis Colors Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Genesis Colors Limited has experienced an downturn of -34.38%.

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

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