Geofast Industries (India) Limited

Manufactures and sells mosquito coils, agarbattis, and repacks salt.

2006 | Hyderabad, Telangana (India) | Active
Last Updated:

Geofast Industries (India) Profile

Key Indicators

  • Authorised Capital ₹ 6.49 Cr
  • Paid Up Capital ₹ 3.06 Cr
  • Company Age 18 Year, 7 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 90.67 Cr
  • Satisfied Charges ₹ 8.25 Cr
  • Revenue Growth 9.83%
  • Profit Growth 44.21%
  • Ebitda 33.60%
  • Net Worth 33.63%
  • Total Assets 52.85%

About Geofast Industries (India)

Geofast Industries (India) Limited (GIIL) is a leading Public Limited Indian Non-Government Company incorporated in India on 22 August 2006 and has a history of 18 years and seven months. Its registered office is in Hyderabad, Telangana, India.

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 2023. It's a company limited by shares with an authorized capital of Rs 6.49 Cr and a paid-up capital of Rs 3.06 Cr.

The company currently has active open charges totaling ₹90.67 Cr. The company has closed loans amounting to ₹8.25 Cr, as per Ministry of Corporate Affairs (MCA) records.

Rajbir Garg, Nitesh Garg, Rahul Garg, and Two other members serve as directors at the Company.

Company Details

  • Location

    Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U24211TG2006PLC050937

  • Company No.

    050937

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    22 Aug 2006

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

FMCG

Who are the key members and board of directors at Geofast Industries (India)?

Board Members (5)

NameDesignationAppointment DateStatus
Rajbir Garg Country flag representing In Director 22-Aug-2006Current
Nitesh Garg Country flag representing In Director 01-Feb-2009Current
Rahul Garg Country flag representing In Director 05-Mar-2018Current
Apeksha Garg Country flag representing In Director 30-Sep-2017Current
Shikha Garg Country flag representing In Director 30-Sep-2017Current

Financial Performance of Geofast Industries (India).

Geofast Industries (India) Limited, for the financial year ended 2023, experienced modest growth in revenue, with a 9.83% increase. The company also saw a substantial improvement in profitability, with a 44.21% increase in profit. The company's net worth Soared by an impressive increase of 33.63%.

Geofast Industries (India) revenue growth over time
Geofast Industries (India) 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
9.83%
Revenue from Operations
10.04%
Total Assets
52.85%
Profit or Loss
44.21%
Net Worth
33.63%
EBITDA
33.60%

What is the Ownership and Shareholding Structure of Geofast Industries (India)?

In 2023, Geofast Industries (India) had a promoter holding of 99.28% and a public holding of 0.72%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹90.67 Cr

Satisfied Charges

₹8.25 Cr

Charges Breakdown by Lending Institutions

  • Axis Bank Limited : 90.67 Cr

Latest Charge Details

DateLenderAmountStatus
12 Sep 2022Axis Bank Limited₹39.39 CrOpen
24 Sep 2021Axis Bank Limited₹3.00 CrOpen
25 Jul 2020Axis Bank Limited₹8.80 MOpen
30 Jun 2020Axis Bank Limited₹2.00 CrOpen
20 Feb 2020Axis Bank Limited₹34.30 CrOpen

How Many Employees Work at Geofast Industries (India)?

Geofast Industries (India) has a workforce of 83 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.

Employee growth trends for Geofast Industries (India) Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Geofast Industries (India), 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 Industries (India)'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 Geofast Industries (India)

Recent activity within the organization

  • Charges

    A charge with Axis Bank Limited of Rs. 39.39 Cr registered on 12 Sep 2022 with Charge ID 100611054 was modified on 23 May 2024.

  • Charges

    A charge with Axis Bank Limited of Rs. 34.30 Cr registered on 20 Feb 2020 with Charge ID 100327076 was modified on 16 Mar 2024.

  • Annual General Meeting

    Geofast Industries (India) Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Geofast Industries (India) Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 39.39 Cr with Charge ID 100611054 was registered on 12 Sep 2022.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.00 Cr with Charge ID 100488086 was registered on 24 Sep 2021.

Frequently asked questions

  • What is the Incorporation or founding date of Geofast Industries (India) Limited?

    Geofast Industries (India) Limited was incorporated on 22 Aug 2006.

  • What is authorized share capital and paid-up capital of Geofast Industries (India) Limited?

    The authorized share capital of Geofast Industries (India) Limited is ₹ 6.49 Cr and paid-up capital is ₹ 3.06 Cr.

  • Who are the current board members & directors of Geofast Industries (India) Limited?

    Currently 5 directors are associated with Geofast Industries (India) Limited.

    • Rajbir Garg
    • Nitesh Kumar Garg
    • Rahul Kumar Garg
    • Apeksha Garg
    • Shikha Garg

  • What is the registered address of Geofast Industries (India) Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Geofast Industries (India) Limited is 'Geo House' Plot No.21B Block No.43 Auto Nagar, India, Hyderabad, Telangana, 500070.

  • What is the corporate identification number (CIN) and company number of Geofast Industries (India) Limited?

    The corporate identification number (CIN) of Geofast Industries (India) Limited is U24211TG2006PLC050937 and the company number is 050937 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Geofast Industries (India) Limited?

    The Official website of Geofast Industries (India) Limited is https://www.geofast.com

  • What has been the recent revenue trend for Geofast Industries (India) Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Geofast Industries (India) Limited has risen by 9.83%.

  • How many employees does Geofast Industries (India) Limited currently have?

    As Per 2023 financial reports, 83 employees are currently employed by Geofast Industries (India) Limited.

  • What change has been observed in the net worth of Geofast Industries (India) Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Geofast Industries (India) Limited has experienced an upsurge of 33.63%.

  • What are the total open charges for Geofast Industries (India) Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Geofast Industries (India) Limited amount to ₹ 90.67 Cr.

  • When was the last Balance Sheet of Geofast Industries (India) Limited filed with the ROC?

    The most recent Balance Sheet for Geofast Industries (India) Limited was filed with the ROC on 31 Mar 2023.

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