MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-HR-03-0029566
Gear-Up Electric Private Limited - consumer electronics & durables in Ballabgarh, Haryana, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹15.02 Cr
▲ 24% YoY
Net profit · FY 2023
₹14.13 Lakh
Net margin 0.9%
EBITDA · FY 2023
₹47.59 Lakh
EBITDA margin 3.2%
Authorised capital
₹40 Lakh
Registered with MCA
Paid-up capital
₹40 Lakh
Issued & subscribed
Open charges
₹3.75 Cr
Satisfied ₹1.8 Cr
Company age
11 yrs
Est. 2015
Employees · EPFO
9
Provident fund records
About Gear-Up Electric Private Limited
Data last updated:
Gear-Up Electric Private Limited is a private limited company based in Ballabgarh, Haryana, India. It operates in the electronics manufacturing segment of the consumer electronics and durables sector. It was incorporated on 12 May 2015 and has been in existence for over 11 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U31401HR2015PTC055380. Its GSTIN is 06AAGCG0078F1ZU (Haryana). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹40 Lakh and a paid-up capital of ₹40 Lakh. It is led by directors Mahinder Taneja and Ravish Taneja.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Sector 69, Ballabgarh, Haryana.
As per the financials filed for FY 2023, the company reported a revenue of ₹15.02 Cr, a growth of 24% compared to the previous year. For the same year it recorded a net profit of ₹14.13 Lakh (net margin 0.9%) and EBITDA of ₹47.59 Lakh (EBITDA margin 3.2%). Revenue has grown at a compounded annual rate (CAGR) of 23% over three years and 43% over five years.
The company has about 9 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹3.75 Cr and satisfied charges of ₹1.8 Cr on record. Court records list 11 cases involving the company, including 2 filed by the company and 9 filed against it; 2 cases are pending.
Gear-Up Electric Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-HR-03-0029566). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gear-up.in.
Company details
CIN U31401HR2015PTC055380
Registration Number 055380
Incorporation Date 12 May 2015
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-HR-03-0029566
Key People
Mahinder Taneja Director Ravish Taneja Director Recognitions & Rankings of Gear-Up Electric
Contact details
Gear-Up Electric Private Limited's registered office is in Ballabgarh, Haryana. Its website is gear-up.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressPlot No. 752 Sector 69, Imt Faridabad, Ballabgarh, Haryana, India – 121004
- IndustryConsumer Electronics & Durables, Electronics Manufacturing
To see the full contact details of Gear-Up Electric Private Limited, buy the company report.
Comprehensive company report
Gear-Up Electric Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Financials of Gear-Up Electric Private Limited
FY 2025 filings availableGear-Up Electric Private Limited reported revenue of ₹15.02 Cr (up 24% YoY) for FY 2023.
Revenue · FY 2023
₹15.02 Cr ▲ 24%
Net profit · FY 2023
₹14.13 Lakh margin 0.9%
EBITDA · FY 2023
₹47.59 Lakh margin 3.2%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 24%
3 years · compounded
▲ 23%
5 years · compounded
▲ 43%
EBITDA CAGR growth
1 year
▲ 11%
3 years · compounded
▲ 19%
5 years · compounded
▲ 44%
Revenue has grown at a compounded annual rate (CAGR) of 43% over five years, including 24% growth in the latest year. EBITDA rose 11% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹15.02 Cr | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹47.59 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹14.13 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
| Total Liabilities | |||||
| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
| Cash and Bank Balance | |||||
| Total Assets | |||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 3.2% | ||||
| Net Profit Margin | 0.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
| Current Ratio | |||||
| Quick Ratio | |||||
| Debt-to-Equity Ratio | |||||
| Interest Coverage Ratio | |||||
| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
| Revenue Growth | |||||
| Net Profit Growth | |||||
To see the full financial statements and ratios of Gear-Up Electric Private Limited, buy the company report.
Board of directors of Gear-Up Electric Private Limited
Gear-Up Electric has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mahinder Taneja | Director | 12 May 2015 | 11 Years 5 Months | Current |
| Ravish Taneja | Director | 12 May 2015 | 11 Years 5 Months | Current |
Auditor
Gear-Up Electric Private Limited is audited by ASAK & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| ASAK & Associates | FY 2023 | 019268N |
Shareholding
The shareholding of Gear-Up Electric Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Gear-Up Electric Private Limited, buy the company report.
Charges & borrowings
Open charges
₹3.75 Cr
Satisfied charges
₹1.8 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Jan 2025 | 101046937 | Yes Bank Limited | ₹3.75 Cr | Open | |
| 19 Jul 2018 | 100242966 | Others | ₹1.8 Cr | Satisfied |
To see the full charge records of Gear-Up Electric Private Limited, buy the company report.
Total charge records: 2 View all charges
Legal cases
Gear-Up Electric Private Limited has 11 court cases on record: 2 filed by Gear-Up Electric, 9 filed against it. 2 cases are pending and 9 are disposed.
Total cases
11
Filed by the company
2
Filed against the company
9
Pending
2
Disposed
9
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 11 | 9 | 2 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Faridabad, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Pending |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against M/S Shri Giriraj Traders | Pending |
| District court, South East, Delhi | Civil suit | Filed against the company by State | Disposed |
| District court, Faridabad, Haryana | Court case (TRF) | Filed against the company by State of Haryana | Disposed |
| District court, Faridabad, Haryana | Cheque dishonour complaint | Filed by the company against Guru Nanak Enterprises and 1 other | Disposed |
To see the full case history of Gear-Up Electric Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
Gear-Up Electric Private Limited has 9 MSME Form 1 returns on record between 2019 and 2024, listing 92 overdue payments to 2 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (2 of 2)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| an individual supplier |
To see the full MSME payment records of Gear-Up Electric Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Gear-Up Electric Private Limited has a workforce of 9 employees on its EPFO records as of Apr 04, 2024, across 1 active EPFO establishment.
Employee count
9
Active EPFO establishments
1
Employee growth
12.5%
GST
Gear-Up Electric has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 06AAGCG0078F1ZU | Haryana | Active | 01 Jul 2017 |
| 33AAGCG0078F1ZX | Tamil Nadu | Active | 20 Jul 2023 |
To see the full GST registrations and return filing status of Gear-Up Electric Private Limited, buy the company report.
Recent activity
Gear-Up Electric Private Limited has 2 board changes on record since 2015: 2 appointments. The latest: Mahinder Taneja was appointed as Director on 12 May 2015.
AGM
Gear-Up Electric Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Charges
A charge registered on 19 Jul 2018 via Charge ID 100242966 with Others was fully satisfied on 22 Jul 2025.
Filing
Gear-Up Electric Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Delhi.
Charges
A charge with Yes Bank Limited amounted to Rs. 375.00 Lakh with Charge ID 101046937 was registered on 29 Jan 2025.
Charges
A charge with Others of Rs. 180.00 Lakh registered on 19 Jul 2018 with Charge ID 100242966 was modified on 21 Aug 2024.
Charges
A charge with Others amounted to Rs. 180.00 Lakh with Charge ID 100242966 was registered on 19 Jul 2018.
Appointed
Mahinder Taneja was appointed as Director.
Appointed
Ravish Taneja was appointed as Director.
Incorporation
12 May 2015
Gear-Up Electric Private Limited was registered on 12 May 2015 with Roc Delhi & aged 11 years 5 months as per MCA records.
Frequently asked questions
Gear-Up Electric is an active private limited company based in Ballabgarh, Haryana, India. The company works in electronics manufacturing, within the consumer electronics and durables industry. It was incorporated on 12 May 2015 (11+ years old) and is registered under CIN U31401HR2015PTC055380.
Gear-Up Electric has 2 current directors:
- Mahinder Taneja - Director
- Ravish Taneja - Director
The latest financial statements of Gear-Up Electric on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from FY 2016 are in the company report.
The GSTIN of Gear-Up Electric is 06AAGCG0078F1ZU, registered in Haryana. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 33AAGCG0078F1ZX (Tamil Nadu).
The CIN (Corporate Identification Number) of Gear-Up Electric is U31401HR2015PTC055380. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gear-Up Electric has 11 court cases on record: 2 filed by the company and 9 filed against it. 2 are pending.
Gear-Up Electric was incorporated on 12 May 2015, making it 11+ years old. It is registered with the Registrar of Companies, Delhi.
Mahinder Taneja was appointed as Director on 12 May 2015. Ravish Taneja was appointed as Director on 12 May 2015.
Yes, Gear-Up Electric is registered as a small enterprise under Udyam registration (number: UDYAM-HR-03-0029566).
Gear-Up Electric has 9 MSME Form 1 returns on record between 2019 and 2024, listing 92 overdue payments to 2 micro and small suppliers. The latest return was filed on 30 Apr 2024.
Gear-Up Electric can be reached through the website gear-up.in. Its registered office is in Ballabgarh, Haryana, India.
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