Geofast Profile
Key Indicators
- Authorised Capital ₹ 10.00 Cr
as on 16-11-2024
- Paid Up Capital ₹ 2.50 M
as on 16-11-2024
- Company Age 23 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 139.26 Cr
as on 16-11-2024
- Satisfied Charges ₹ 45.44 Cr
as on 16-11-2024
- Revenue 11.68%
(FY 2023)
- Profit 39.12%
(FY 2023)
- Ebitda 12.55%
(FY 2023)
- Net Worth 24.08%
(FY 2023)
- Total Assets -2.82%
(FY 2023)
About Geofast
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 ₹139.26 Cr. The company has closed loans amounting to ₹45.44 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
U63011TG2001PTC038016
- Company No.
038016
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
06 Nov 2001
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- 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?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajbir Garg  | Managing Director | 07-Nov-2001 | Current |
Board Members(4)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Nitesh Garg | Director | 01-Dec-2011 | Current |
| Rahul Garg | Director | 15-Jan-2010 | Current |
| Apeksha Garg | Director | 30-Sep-2017 | Current |
| Shikha Garg | Director | 30-Sep-2017 | 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
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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)
Geofast Industries (India) LimitedActive 18 years 4 monthsRajbir Garg, Nitesh Garg and 3 more are mutual person
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
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Axis Bank Limited Creation Date: 23 May 2024 | ₹39.39 Cr | Open |
Others Creation Date: 22 Mar 2024 | ₹4.50 M | Open |
Axis Bank Limited Creation Date: 07 Nov 2023 | ₹1.50 Cr | 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.
