Geofast Industries (India) Profile
Key Indicators
- Authorised Capital ₹ 6.49 Cr
as on 24-10-2024
- Paid Up Capital ₹ 3.06 Cr
as on 24-10-2024
- Company Age 18 Year, 4 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 90.67 Cr
as on 24-10-2024
- Satisfied Charges ₹ 8.25 Cr
as on 24-10-2024
- Revenue 9.83%
(FY 2023)
- Profit 44.21%
(FY 2023)
- Ebitda 33.60%
(FY 2023)
- Net Worth 33.63%
(FY 2023)
- Total Assets 52.85%
(FY 2023)
About Geofast Industries (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.
- 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
Company Details
- Location
Hyderabad, Telangana, India
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Geofast Industries (India)?
Board Members(5)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajbir Garg  | Director | 22-Aug-2006 | Current |
| Nitesh Garg | Director | 01-Feb-2009 | Current |
| Rahul Garg | Director | 05-Mar-2018 | Current |
| Apeksha Garg | Director | 30-Sep-2017 | Current |
| Shikha Garg | Director | 30-Sep-2017 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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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.
Related Corporates (Common Directorship)
Geofast Consumer Products Private LimitedActive 2 years 5 monthsRajbir Garg, Nitesh Garg and 1 more are mutual person
Geofast Flour Mills Private LimitedActive 10 years 9 monthsRajbir Garg, Nitesh Garg and 3 more are mutual person
Geofast Private LimitedActive 23 years 1 monthRajbir Garg, Nitesh Garg and 3 more are mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 12 Sep 2022 | ₹39.39 Cr | Open |
Axis Bank Limited Creation Date: 24 Sep 2021 | ₹3.00 Cr | Open |
Axis Bank Limited Creation Date: 25 Jul 2020 | ₹8.80 M | Open |
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.
Deals i
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
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.
