Geofast Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
- Paid Up Capital ₹ 2.50 M
- Company Age 23 Year, 2 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 169.10 Cr
- Satisfied Charges ₹ 45.44 Cr
- Revenue Growth 11.68%
- Profit Growth 39.12%
- Ebitda 12.55%
- Net Worth 24.08%
- Total Assets -2.82%
About Geofast
Geofast Private Limited (GPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 06 November 2001 and has a history of 23 years and two months. Its registered office is in Hyderabad, Telangana, India.
The Corporate was formerly known as Geo Fast Carriers Private Limited. The Company is engaged in the Fmcg 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 10.00 Cr and a paid-up capital of Rs 2.50 M.
The company currently has active open charges totaling ₹169.10 Cr. The company has closed loans amounting to ₹45.44 Cr, as per Ministry of Corporate Affairs (MCA) records.
Shikha Garg, Apeksha Garg, Rahul Garg, and Two other members serve as directors at the Company.
Company Details
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Location
Hyderabad, Telangana, India
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Telephone
+91-XXXXXXXXXX
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Email Address
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Website
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Social Media
Corporate Identity Details
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CIN/LLPIN
U63011TG2001PTC038016
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Company No.
038016
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Company Classification
Private Limited Indian Non-Government Company
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Incorporation Date
06 Nov 2001
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Date of AGM
30 Sep 2024
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Date of Balance Sheet
31 Mar 2024
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Listing Status
Unlisted
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ROC Code
Roc Hyderabad
Industry
Who are the key members and board of directors at Geofast?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajbir Garg
|
Managing Director | 07-Nov-2001 | Current |
Board Members (4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
|
Shikha Garg
|
Director | 30-Sep-2017 | Current |
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Apeksha Garg
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Director | 30-Sep-2017 | Current |
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Rahul Garg
|
Director | 15-Jan-2010 | Current |
|
Nitesh Garg
|
Director | 01-Dec-2011 | Current |
Financial Performance of Geofast.
Geofast Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 11.68% increase. The company also saw a substantial improvement in profitability, with a 39.12% increase in profit. The company's net worth Soared by an impressive increase of 24.08%.
- Key Matrics
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What is the Ownership and Shareholding Structure of Geofast?
In 2023, Geofast had a promoter holding of 100.00%. The company had 1 Associate company. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Related Corporates (Common Directorship)
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Geofast Projects LlpRahul Garg and Rajbir Garg are mutual person
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Geofast Industries (India) LimitedShikha Garg, Apeksha Garg and 3 more are mutual person
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Geofast Consumer Products Private LimitedRahul Garg, Nitesh Garg and 1 more are mutual person
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Geofast Flour Mills Private LimitedShikha Garg, Apeksha Garg and 3 more are mutual person
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Geofast Foods Factory Private LimitedNitesh Garg is a mutual person
Charges (Loans)
₹169.10 Cr
₹45.44 Cr
Charges Breakdown by Lending Institutions
- Axis Bank Limited : 104.56 Cr
- Others : 64.53 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2024 | Others | ₹15.50 Cr | Open |
| 31 Jul 2024 | Axis Bank Limited | ₹4.57 Cr | Open |
| 23 Jul 2024 | Axis Bank Limited | ₹2.05 Cr | Open |
| 16 Jul 2024 | Axis Bank Limited | ₹1.70 Cr | Open |
| 02 Jul 2024 | Others | ₹6.75 M | Open |
How Many Employees Work at Geofast?
Geofast has a workforce of 459 employees as of Apr 01, 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 Geofast, 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 Geofast'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.
