Geeta Prints Private Limited
About Geeta Prints Private Limited
Data last updated:
Geeta Prints Private Limited is a private limited company based in Surat, Gujarat, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the fashion retail segment of the fashion and textiles sector. It was incorporated on 24 June 1988.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U22211GJ1988PTC010905. The company has 2 GST registrations on record, none of which is active.
The company has an authorised share capital of ₹3 Cr and a paid-up capital of ₹2.05 Cr. It was formerly known as Geeta Prints Limited. It is led by directors Jaiprakash Khanchand Ashwani and Navin Ashok Aswani.
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 Plot No. 150 G.I.D.C. Pandesara, Surat, Gujarat, India – 394221.
As per the financials filed for FY 2025, the company reported a revenue of ₹96.82 Lakh, a decline of 13% compared to the previous year. For the same year it recorded a net profit of ₹4.04 Lakh (net margin 4.2%) and EBITDA of ₹70.06 Lakh (EBITDA margin 72.4%). Revenue has declined at a compounded annual rate (CAGR) of 25% over three years and 27% over five years.
The company has about 13 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹50.17 Cr and satisfied charges of ₹11.53 Cr on record. Court records list 22 cases involving the company, including 9 filed by the company and 13 filed against it; 3 cases are pending.
Company details
Contact details
Geeta Prints Private Limited's registered office is in Surat, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressPlot No. 150 G.I.D.C. Pandesara, Surat, Gujarat, India – 394221
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Geeta Prints 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 activities of Geeta Prints are trade and financial and insurance service. In detail, this covers wholesale trading and other financial activities. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading | |
| K | Financial and insurance Service | K8 | Other financial activities |
To see the full business activity and turnover split of Geeta Prints Private Limited, buy the company report.
Financials of Geeta Prints Private Limited
FY 2025 filings availableGeeta Prints Private Limited reported revenue of ₹96.82 Lakh (down 13% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 27% over five years, including a 13% fall in the latest year. EBITDA fell 12% 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 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
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| Total Expenses | |||||
| EBITDA | ₹70.06 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹4.04 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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| Investments | |||||
| Inventories | |||||
| Trade Receivables | |||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 72.4% | ||||
| Net Profit Margin | 4.2% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
| Asset Turnover | |||||
| Receivable Days | |||||
| Payable Days | |||||
| Inventory Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Geeta Prints Private Limited, buy the company report.
Board of directors of Geeta Prints Private Limited
Geeta Prints has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Jaiprakash Khanchand Ashwani Also directs: Aswani Industries Private Limited, Aatithya Builders Limited, Arohi Builders Private Limited and 2 more | Director | 24 Jun 1988 | 38 Years 4 Months | As last reported |
| Navin Ashok Aswani Also directs: Aswani Industries Private Limited, Aatithya Builders Limited, Arohi Builders Private Limited and 1 more | Director | 15 Jan 2004 | 22 Years 9 Months | As last reported |
Peer comparison
Geeta Prints Private Limited is compared with the 4 companies closest to it by revenue in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Pearl Vintrade Private Limited | ₹97.51 Lakh (FY 2017) | 1.0% | Kolkata, West Bengal, India | |||
| Naina Commercial Private Limited | ₹97.36 Lakh (FY 2024) | -53.0% | Kolkata, West Bengal, India | |||
| Shyam Bazar Haralalka Pvt Ltd | ₹97.3 Lakh (FY 2025) | 4.0% | Kolkata, West Bengal, India | |||
| Geeta Prints Private Limitedthis company | ₹96.82 Lakh (FY 2025) | ₹4.04 Lakh | 4.2% | -13.0% | Surat, Gujarat, India | |
| Shyam Ashish Trading Private Limited | ₹96.68 Lakh (FY 2018) | -52.0% | Delhi, India |
To see the full peer comparison of Geeta Prints Private Limited, buy the company report.
Auditor
Geeta Prints Private Limited is audited by RMR AND CO. for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| RMR AND CO. | FY 2023 | 106467W |
Shareholding
The shareholding of Geeta Prints 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 Geeta Prints Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 04 Jul 2019 | 100277101 | Others | ₹21.68 Cr | Open | |
| 02 Sep 2011 | 10308436 | State Bank of India | ₹28.49 Cr | Open | |
| 13 Oct 2015 | 10598597 | Hdfc Bank Limited | ₹1.65 Cr | Satisfied | |
| 17 Sep 2010 | 10246896 | Hdfc Bank Limited | ₹1 Cr | Satisfied | |
| 24 May 2001 | 90099378 | Bank of Baroda | ₹33 Lakh | Satisfied |
To see the full charge records of Geeta Prints Private Limited, buy the company report.
Total charge records: 23 View all charges
Legal cases
Geeta Prints Private Limited has 22 court cases on record: 9 filed by Geeta Prints, 13 filed against it. 3 cases are pending and 19 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 12 | 6 | 0 |
| NCLAT | 6 | 5 | 2 |
| Supreme Court | 2 | 0 | 0 |
| District courts | 1 | 1 | 1 |
| NCLT | 1 | 1 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed by the company against M/S Universal Enterprise | Pending |
| NCLAT, NCLAT New Delhi | Insolvency matter | Filed against the company by M/S Universal Enterprise | Pending |
| District court, SURAT, Gujarat | Criminal complaint | Filed against the company by Smt. Sanyogita Nagpal, Deputy Commissioner of Income Tax | Pending |
| NCLAT, NCLAT New Delhi | Interim or miscellaneous application | Filed against the company by an individual | Disposed |
| NCLAT, Interlocutory Application | Interim or miscellaneous application | Filed against the company by M/S Universal Enterprise | Disposed |
To see the full case history of Geeta Prints 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
Geeta Prints Private Limited has 6 MSME Form 1 returns on record between 2019 and 2022, listing 29 overdue payments to 10 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 10)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Aswani Industries Private Limited | |||
| Superb Threads | |||
| Kiran Industries Private Limited | |||
| Kumbhat Corporate Advisors Private Limited | |||
| an individual supplier |
To see the full MSME payment records of Geeta Prints Private Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
GST
Geeta Prints has 2 GST registrations on record, and all of them have been cancelled or are inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Geeta Prints Private Limited, buy the company report.
Recent activity
Geeta Prints Private Limited has 4 board changes on record since 1988: 3 appointments and 1 cessation. The latest: Ashokkumar Khanchand Aswani ceased to be Director on 30 Oct 2017.
43 earlier events are in the company report.
Frequently asked questions
Geeta Prints is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Geeta Prints is a company under insolvency, formerly operating as a private limited company based in Surat, Gujarat, India. The company works in fashion retail, within the fashion and textile industry. It was incorporated on 24 June 1988 and is registered under CIN U22211GJ1988PTC010905. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Geeta Prints has 2 current directors:
- Jaiprakash Khanchand Ashwani - Director
- Navin Ashok Aswani - Director
The latest financial statements of Geeta Prints 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 CIN (Corporate Identification Number) of Geeta Prints is U22211GJ1988PTC010905. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Geeta Prints has open charges of ₹50.17 Cr and satisfied charges of ₹11.53 Cr as per latest MCA filings.
Geeta Prints has 22 court cases on record: 9 filed by the company and 13 filed against it. 3 are pending. Most are in the high courts.
Geeta Prints was incorporated on 24 June 1988. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Geeta Prints by revenue are Pearl Vintrade Private Limited, Naina Commercial Private Limited, Shyam Bazar Haralalka Pvt Ltd, Shyam Ashish Trading Private Limited, all in the Apparel industry (Apparel Retail and Distribution), with the same principal business activity (wholesale trading).
Ashokkumar Khanchand Aswani ceased to be Director on 30 Oct 2017. Navin Ashok Aswani was appointed as Director on 15 Jan 2004. Ashokkumar Khanchand Aswani was appointed as Director on 24 Jun 1988. Geeta Prints has 4 board changes on record in total.
Geeta Prints has 6 MSME Form 1 returns on record between 2019 and 2022, listing 29 overdue payments to 10 micro and small suppliers. The latest return was filed on 25 Jun 2022.
The registered office of Geeta Prints is at Plot No. 150 G.I.D.C. Pandesara, Surat, Gujarat, India – 394221.
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