Goa Electronics Limited

Founded in 1976 and headquartered in Goa, India.

1976 | Goa, Goa (India) | Active
Last Updated: February 08, 2025

Goa Electronics Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 1.80 Cr
  • Company Age 48 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 1.02 Cr
  • Revenue Growth 15.98%
  • Profit Growth 34.10%
  • Ebitda -9.81%
  • Net Worth 29.93%
  • Total Assets 5.05%

About Goa Electronics

Goa Electronics Limited (GEL) is a leading Public Limited State Government Company incorporated in India on 10 March 1976 and has a history of 48 years and 11 months. Its registered office is in Goa, Goa, India.

The Company is engaged in the Information Technology 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 4.00 Cr and a paid-up capital of Rs 1.80 Cr.

The company currently has active open charges totaling ₹1.02 Cr.

Pradyumna Raikar, Balkrishna Borkar, Pramod Sawant, and Six other members serve as directors at the Company.

Company Details

Corporate Identity Details

  • CIN/LLPIN

    U72100GA1976SGC000260

  • Company No.

    000260

  • Company Classification

    Public Limited State Government Company

  • Incorporation Date

    10 Mar 1976

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Goa

Industry

Information Technology

Who are the key members and board of directors at Goa Electronics?

Executive Team (1)

NameDesignationAppointment DateStatus
Balkrishna Borkar Country flag representing In Managing Director23-Nov-1998Current

Board Members (8)

NameDesignationAppointment DateStatus
Giriraj Vernekar Country flag representing In Director 19-Apr-2024Current
Pradyumna Raikar Country flag representing In Director 19-Apr-2024Current
Pramod Sawant Country flag representing In Director 17-Oct-2022Current
Rupesh Kamat Country flag representing In Director 19-Apr-2024Current
Bhalchandra Angle Country flag representing In Director 22-May-2015Current
Karan Bajaj Country flag representing Us Director 19-Apr-2024Current

Financial Performance of Goa Electronics.

Goa Electronics Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.98% increase. The company also saw a substantial improvement in profitability, with a 34.1% increase in profit. The company's net worth Soared by an impressive increase of 29.93%.

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
15.98%
Revenue from Operations
15.01%
Total Assets
5.05%
Profit or Loss
34.10%
Net Worth
29.93%
EBITDA
-9.81%

What is the Ownership and Shareholding Structure of Goa Electronics?

In 2023, Goa Electronics had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹1.02 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Economic Development Corporation Of Goa : 0.90 Cr
  • Bank Of India : 0.12 Cr

Latest Charge Details

DateLenderAmountStatus
08 Feb 2024Bank Of India₹1.16 MOpen
16 Dec 1991Economic Development Corporation Of Goa₹9.00 MOpen

How Many Employees Work at Goa Electronics?

Goa Electronics has a workforce of 175 employees as of Apr 07, 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 Goa Electronics, 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 Goa Electronics'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 Goa Electronics

Recent activity within the organization

  • Director Appointment

    Pradyumna Ghanashyam Pai Raikar was appointed as a Director was appointed as a Director on 19 Apr 2024 & has been associated with this company since 10 months 4 days .

    19 Apr 2024

  • Director Appointment

    Rupesh Ramesh Kamat was appointed as a Director was appointed as a Director on 19 Apr 2024 & has been associated with this company since 10 months 4 days .

    19 Apr 2024

  • Director Appointment

    Giriraj Mhalu Pai Vernekar was appointed as a Director was appointed as a Director on 19 Apr 2024 & has been associated with this company since 10 months 4 days .

    19 Apr 2024

  • Director Appointment

    Karan Bajaj was appointed as a Director was appointed as a Director on 19 Apr 2024 & has been associated with this company since 10 months 4 days .

    19 Apr 2024

  • Director Appointment

    Kaustubh Prabhakar Patnekar was appointed as a Director was appointed as a Director on 19 Apr 2024 & has been associated with this company since 10 months 4 days .

    19 Apr 2024

  • Charges

    A charge with Bank Of India amounted to Rs. 0.12 Cr with Charge ID 100880026 was registered on 08 Feb 2024.

    08 Feb 2024

Frequently asked questions

  • Goa Electronics Limited was incorporated on 10 Mar 1976.

  • The authorized share capital of Goa Electronics Limited is ₹ 4.00 Cr and paid-up capital is ₹ 1.80 Cr.

  • Currently 9 directors are associated with Goa Electronics Limited.

    • Pradyumna Ghanashyam Pai Raikar
    • Balkrishna Sripada Borkar
    • Pramod Pandurang Sawant
    • Rupesh Ramesh Kamat
    • Bhalchandra Shrikant Pai Angle
    • Giriraj Mhalu Pai Vernekar
    • Karan Bajaj
    • Revati Sundeep Mujumdar
    • Kaustubh Prabhakar Patnekar
  • As per Ministry of Corporate Affairs (Mca), the registered address of Goa Electronics Limited is Ground Floor Shram Shakti Bhavan Edc Complex, Patto India, Panaji, Goa, 403001.

  • The corporate identification number (CIN) of Goa Electronics Limited is U72100GA1976SGC000260 and the company number is 000260 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Goa Electronics Limited is https://www.goaelectronics.co.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Goa Electronics Limited has risen by 15.98%.

  • As Per 2023 financial reports, 175 employees are currently employed by Goa Electronics Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Goa Electronics Limited has experienced an upsurge of 29.93%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Goa Electronics Limited amount to ₹ 1.02 Cr.

  • The most recent Balance Sheet for Goa Electronics Limited was filed with the ROC on 31 Mar 2023.

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