- Category
- Small (2024-25)
- Udyam number
- UDYAM-MH-33-0013291

About Geecy Apave Private Limited
Data last updated:
Geecy Apave Private Limited is a private limited company based in Bhiwandi, Maharashtra, India, a subsidiary of Apave International Sas. It operates in the consumer and professional services segment of the travel and hospitality sector. It was incorporated on 01 January 1993 and has been in existence for over 33 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U74220MH1993PTC070260. Its GSTIN is 27AAACG1433A1ZD (Maharashtra).
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹15.09 Lakh. It was formerly known as Geecy Industrial Services Private Limited and Geecy Vincotte India Private Limited. It is led by directors including Dilip Janardhan Gatty and Nikola Markov Odin.
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 Bhiwandi, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.57 Cr, a growth of 11% compared to the previous year. For the same year it recorded a net loss of ₹26.85 Lakh (net margin -1.2%) and EBITDA of ₹95.13 Lakh (EBITDA margin 4.4%). Revenue has grown at a compounded annual rate (CAGR) of 13% over three years and 4% over five years.
The company has about 361 employees on its provident fund (EPFO) records.
As per MCA filings, the company has satisfied charges of ₹3.61 Cr on record. Court records list 10 cases involving the company, including 10 filed by the company; 1 case is pending.
Geecy Apave Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-MH-33-0013291). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website geecyapave.com.
Company details
Name history
Geecy Apave has undergone 2 name changes throughout its history. The company was previously known as Geecy Industrial Services Private Limited, and Geecy Vincotte India Private Limited. The current legal name is Geecy Apave Private Limited.
| Company Name | Status |
|---|---|
| Geecy Apave Private Limited | Current |
| Geecy Industrial Services Private Limited | Previous |
| Geecy Vincotte India Private Limited | Previous |
Recognitions & Rankings of Geecy Apave
Contact details
Geecy Apave Private Limited's registered office is in Bhiwandi, Maharashtra. Its website is geecyapave.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressUnit No. 276 – 280 Building No. C – 7 Bhumi World Pimplas Mumbai – Nasik Highw, Ay, Bhiwandi, Maharashtra, India – 421302
- IndustryTravel and Hospitality, Consumer Professional Services
To see the full contact details of Geecy Apave Private Limited, buy the company report.
- 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
Business activity
The main business activity of Geecy Apave is professional, scientific and technical. In detail, this covers architecture, engineering activities, technical testing and analysis activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M4 | Architecture, engineering activities, technical testing and analysis activities |
To see the full business activity and turnover split of Geecy Apave Private Limited, buy the company report.
Financials of Geecy Apave Private Limited
FY 2025 filings availableGeecy Apave Private Limited reported revenue of ₹21.57 Cr (up 11% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 4% over five years, including 11% growth in the latest year. EBITDA fell 48% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹95.13 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹26.85 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 4.4% | ||||
| Net Profit Margin | -1.2% | ||||
| 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 Geecy Apave Private Limited, buy the company report.
Board of directors of Geecy Apave Private Limited
Geecy Apave has 3 current directors and 20 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Dilip Janardhan Gatty | Director | 01 Aug 2018 | 8 Years 2 Months | Current |
| Nikola Markov Odin Also directs: Apave Assessments India Private Limited | Director | 23 Aug 2018 | 8 Years 1 Months | Current |
| Shijukumar | Additional Director | 23 Sep 2025 | 1 Years 0 Months | Current |
Auditor
Geecy Apave Private Limited is audited by Suresh Surana & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Suresh Surana & Associates LLP | FY 2023 | 121750W/W-100010 |
Shareholding
The shareholding of Geecy Apave 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 Geecy Apave Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 12 Jul 2013 | 10446116 | Nkgsb Co-Operative Bank Ltd. | ₹58.44 Lakh | Satisfied | |
| 27 Feb 2013 | 10421804 | Nkgsb Co-Operative Bank Ltd. | ₹1.38 Cr | Satisfied | |
| 15 Mar 2010 | 10217653 | Axis Bank Limited | ₹1 Cr | Satisfied | |
| 10 Apr 2007 | 10051212 | Rupee-Co-Operative Bank Ltd | ₹36.5 Lakh | Satisfied | |
| 10 Apr 2007 | 10051215 | Rupee-Co-Operative Bank Ltd | ₹12 Lakh | Satisfied |
To see the full charge records of Geecy Apave Private Limited, buy the company report.
Total charge records: 7 View all charges
Legal cases
Geecy Apave Private Limited has 10 court cases on record: 10 filed by Geecy Apave. 1 case is pending and 9 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 5 | 0 | 1 |
| High courts | 4 | 0 | 0 |
| NCLT | 1 | 0 | 0 |
Cases on record (5 of 10)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against M/S Shilpi Engineering Pvt Ltd. and 3 others | Pending |
| Madras High Court | Appeal | Filed by the company against Tech Sharp Engineers Pvt Ltd., | Disposed |
| District court, Thane, Maharashtra | Criminal miscellaneous application | Filed by the company against MVS Shilpi Engineering Pvt Ltd and 3 Others | Disposed |
| High Court, TAMIL NADU | Appeal | Filed by the company against M/S.Tech-Sharp Engineers Pvt Ltd., | Disposed |
| High Court, TAMIL NADU | Arbitration matter | Filed by the company against M/S.Tech-Sharp Engineers Pvt Ltd., | Disposed |
To see the full case history of Geecy Apave 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
Geecy Apave Private Limited has 8 MSME Form 1 returns on record between 2020 and 2023, listing 125 overdue payments to 14 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 (5 of 14)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| an individual supplier | |||
| Quality NDT Training Institute | |||
| Geecy Engineering Private Limited | |||
| an individual supplier | |||
| Choksi Asia Private Limited |
To see the full MSME payment records of Geecy Apave Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Employees & EPFO
Geecy Apave Private Limited has a workforce of 361 employees on its EPFO records as of Apr 07, 2024, across 1 active EPFO establishment.
GST
Geecy Apave has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACG1433A1ZD | Maharashtra | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Geecy Apave Private Limited, buy the company report.
Recent activity
Geecy Apave Private Limited has 24 board changes on record since 2015: 4 appointments and 20 cessations. The latest: Shijukumar was appointed as Additional Director on 23 Sep 2025.
32 earlier events are in the company report.
Frequently asked questions
Geecy Apave is an active private limited company based in Bhiwandi, Maharashtra, India. The company works in consumer professional services, within the travel and hospitality industry. It was incorporated on 01 January 1993 (33+ years old) and is registered under CIN U74220MH1993PTC070260.
Geecy Apave has 3 current directors:
- Dilip Janardhan Gatty - Director
- Nikola Markov Odin - Director
- Shijukumar - Additional Director
The latest financial statements of Geecy Apave 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 2015 are in the company report.
The GSTIN of Geecy Apave is 27AAACG1433A1ZD, registered in Maharashtra.
The CIN (Corporate Identification Number) of Geecy Apave is U74220MH1993PTC070260. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Geecy Apave has 10 court cases on record: 10 filed by the company. 1 is pending. Most are in the district courts.
Geecy Apave was incorporated on 01 January 1993, making it 33+ years old. It is registered with the Registrar of Companies, Mumbai.
Shijukumar was appointed as Additional Director on 23 Sep 2025. Eric Robert Jean Claude Simon ceased to be Additional Director on 28 Sep 2023. Eric Robert Jean Claude Simon was appointed as Director on 21 Apr 2023. Geecy Apave has 24 board changes on record in total.
Yes, Geecy Apave is registered as a small enterprise under Udyam registration (number: UDYAM-MH-33-0013291).
Geecy Apave has 8 MSME Form 1 returns on record between 2020 and 2023, listing 125 overdue payments to 14 micro and small suppliers. The latest return was filed on 08 Nov 2023.
Geecy Apave can be reached through the website geecyapave.com. Its registered office is in Bhiwandi, Maharashtra, India.