MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-22-0242033
Geelon Retails Private Limited
Geelon Retails Private Limited - consumer electronics & durables in Surat, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹35.76 Cr
▼ 23% YoY
Net profit · FY 2024
₹2.04 Cr
Net margin 5.7%
EBITDA · FY 2024
₹3.06 Cr
EBITDA margin 8.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹10 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
2
of 6 registered
About Geelon Retails Private Limited
Data last updated:
Geelon Retails Private Limited is a private limited company based in Surat, Gujarat, India. It operates in the furniture retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 20 February 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U74999GJ2019PTC106682. Its GSTIN is 24AAHCG6965E1ZH (Gujarat). The company holds 6 GST registrations, of which 2 are active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹10 Lakh. It is led by directors Deep Manoj Gandhi and Alpesh Arvindlal Gandhi.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Surat, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹35.76 Cr, a decline of 23% compared to the previous year. For the same year it recorded a net profit of ₹2.04 Cr (net margin 5.7%) and EBITDA of ₹3.06 Cr (EBITDA margin 8.6%). Revenue has grown at a compounded annual rate (CAGR) of 176% over three years.
Court records list 4 cases involving the company, including 2 filed by the company and 2 filed against it; 2 cases are pending.
Geelon Retails Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-22-0242033).
Company details
CIN U74999GJ2019PTC106682
Registration Number 106682
Incorporation Date 20 February 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
MSME Classification Small
Udyam Registration UDYAM-GJ-22-0242033
Recognitions & Rankings of Geelon Retails
Contact details
Geelon Retails Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressCabin No. 110 Denstar Managed Offices 3rd Floor, Central Bazar Veneziano Udhna Magadalla Road Vesu, Surat, Gujarat, India – 395007
- IndustryConsumer Electronics & Durables, Furniture Retail & Distribution
To see the full contact details of Geelon Retails Private Limited, buy the company report.
Comprehensive company report
Geelon Retails 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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Business activity
The main business activity of Geelon Retails is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Geelon Retails Private Limited, buy the company report.
Financials of Geelon Retails Private Limited
FY 2024 filings availableGeelon Retails Private Limited reported revenue of ₹35.76 Cr (down 23% YoY) for FY 2024.
Revenue · FY 2024
₹35.76 Cr ▼ 23%
Net profit · FY 2024
₹2.04 Cr margin 5.7%
EBITDA · FY 2024
₹3.06 Cr margin 8.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 23%
3 years · compounded
▲ 176%
EBITDA CAGR growth
1 year
▼ 7%
3 years · compounded
▲ 69%
5 years · compounded
▲ 115%
Revenue fell 23% in the latest year, but over three years it has grown at a compounded annual rate (CAGR) of 176%. EBITDA fell 7% 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 | |||||
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| Cost of Materials Consumed | |||||
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| Finance Costs | |||||
| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | ₹3.06 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹2.04 Cr | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
| Long-term Borrowings | |||||
| Short-term Borrowings | |||||
| Trade Payables | |||||
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| Fixed Assets | |||||
| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.6% | ||||
| Net Profit Margin | 5.7% | ||||
| 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 Geelon Retails Private Limited, buy the company report.
Board of directors of Geelon Retails Private Limited
Geelon Retails has 2 current directors and 2 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deep Manoj Gandhi Also directs: Geelon Industries Private Limited | Director | 20 Feb 2019 | 7 Years 8 Months | Current |
| Alpesh Arvindlal Gandhi Also directs: Denstar Solutions LLP, Denstar Managed Offices LLP, Gandhilon Texturising Pvt Ltd and 2 more | Director | 27 Sep 2025 | 1 Years 1 Months | Current |
Peer comparison
Geelon Retails Private Limited is compared with the 5 companies closest to it by revenue in the Consumer Durables industry (Furniture Retail and Distribution), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Staras Seating Private Limited | ₹39.44 Cr (FY 2025) | 12.0% | Mumbai, Maharashtra, India | |||
| Geelon Retails Private Limitedthis company | ₹35.76 Cr (FY 2024) | ₹2.04 Cr | 5.7% | -23.0% | Surat, Gujarat, India | |
| Roy Varieties Private Limited | ₹35.16 Cr (FY 2025) | 13.0% | Agartala, Tripura, India | |||
| Modern Living Solutions Private Limited | ₹34.6 Cr (FY 2024) | -6.0% | Nagpur, Maharashtra, India | |||
| PMG Distribution Private Limited | ₹34.25 Cr (FY 2024) | -47.0% | Bangalore, Karnataka, India | |||
| Dtalemodern Online Private Limited | ₹34.24 Cr (FY 2025) | 9.0% | Ernakulam, Kerala, India |
To see the full peer comparison of Geelon Retails Private Limited, buy the company report.
Auditor
Geelon Retails Private Limited is audited by TEJAS DAVE & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| TEJAS DAVE & ASSOCIATES | FY 2023 | 125731W |
Shareholding
The shareholding of Geelon Retails 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 Geelon Retails Private Limited, buy the company report.
Legal cases
Geelon Retails Private Limited has 4 court cases on record: 2 filed by Geelon Retails, 2 filed against it. 2 cases are pending and 2 are disposed.
Total cases
4
Filed by the company
2
Filed against the company
2
Pending
2
Disposed
2
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 4 | 2 | 2 |
Cases on record (2 of 4)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, SURAT, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, SURAT, Gujarat | Criminal miscellaneous application | Filed against the company by an individual | Disposed |
To see the full case history of Geelon Retails 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
No delayed payments to MSME suppliers are on our record for Geelon Retails Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Geelon Retails has 6 GST registrations: 2 active and 4 cancelled or inactive.
Total GSTINs
6
Active
2
Cancelled / inactive
4
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAHCG6965E1ZH | Gujarat | Active | 21 Mar 2019 |
| 21AAHCG6965E1ZN | Odisha | Active | 01 Dec 2021 |
To see the full GST registrations and return filing status of Geelon Retails Private Limited, buy the company report.
Recent activity
Geelon Retails Private Limited has 4 board changes on record since 2019: 2 appointments and 2 cessations. The latest: Alpesh Arvindlal Gandhi ceased to be Additional Director on 29 Sep 2025.
Ceased
Alpesh Arvindlal Gandhi ceased to be Additional Director.
Appointed
Alpesh Arvindlal Gandhi was appointed as Director.
Ceased
Mrugesh Alpesh Gandhi ceased to be Director.
AGM
Geelon Retails Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Geelon Retails Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
Appointed
Deep Manoj Gandhi was appointed as Director.
Incorporation
20 Feb 2019
Geelon Retails Private Limited was registered on 20 Feb 2019 with Roc Ahmedabad & aged 7 years 8 months as per MCA records.
Frequently asked questions
Geelon Retails is an active private limited company based in Surat, Gujarat, India. The company works in furniture retail and distribution, within the consumer electronics and durables industry. It was incorporated on 20 February 2019 (7+ years old) and is registered under CIN U74999GJ2019PTC106682.
Geelon Retails has 2 current directors:
- Deep Manoj Gandhi - Director
- Alpesh Arvindlal Gandhi - Director
The latest financial statements of Geelon Retails on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2019 are in the company report.
The GSTIN of Geelon Retails is 24AAHCG6965E1ZH, registered in Gujarat. The company has 6 GST registrations in all, of which 2 are active and 4 are cancelled or inactive. Other active GSTINs include 21AAHCG6965E1ZN (Odisha).
The CIN (Corporate Identification Number) of Geelon Retails is U74999GJ2019PTC106682. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Geelon Retails has 4 court cases on record: 2 filed by the company and 2 filed against it. 2 are pending.
Geelon Retails was incorporated on 20 February 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Geelon Retails by revenue are Staras Seating Private Limited, Roy Varieties Private Limited, Modern Living Solutions Private Limited, PMG Distribution Private Limited, Dtalemodern Online Private Limited, all in the Consumer Durables industry (Furniture Retail and Distribution), with the same principal business activity (retail trading).
Alpesh Arvindlal Gandhi ceased to be Additional Director on 29 Sep 2025. Alpesh Arvindlal Gandhi was appointed as Director on 27 Sep 2025. Mrugesh Alpesh Gandhi ceased to be Director on 27 Sep 2025. Geelon Retails has 4 board changes on record in total.
Yes, Geelon Retails is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-22-0242033).
The registered office of Geelon Retails is at Cabin No. 110 Denstar Managed Offices 3rd Floor, Central Bazar Veneziano Udhna Magadalla Road Vesu, Surat, Gujarat, India – 395007.
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