Geeta Threads Ltd

This company manufactures and trades various types of yarn, fabrics, and garments.

1992 | Barnala, Punjab (India) | Active
Last Updated:

Geeta Threads Profile

Key Indicators

  • Authorised Capital ₹ 4.10 Cr
  • Paid Up Capital ₹ 3.90 Cr
  • Company Age 32 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 27.43 Cr
  • Satisfied Charges ₹ 19.05 Cr
  • Revenue Growth 15.18%
  • Profit Growth -39.80%
  • Ebitda 68.82%
  • Net Worth 1.50%
  • Total Assets 14.80%

About Geeta Threads

Geeta Threads Ltd (GTL) is a leading Public Limited Indian Non-Government Company incorporated in India on 01 June 1992 and has a history of 32 years and 11 months. Its registered office is in Barnala, Punjab, India.

The Company is engaged in the Consumer Goods Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 4.10 Cr and a paid-up capital of Rs 3.90 Cr.

The company currently has active open charges totaling ₹27.43 Cr. The company has closed loans amounting to ₹19.05 Cr, as per Ministry of Corporate Affairs (MCA) records.

Poonam Garg, Bhim Garg, and Shubham Goyal serve as directors at the Company.

Company Details

  • Location

    Barnala, Punjab, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U25111PB1992PLC014879

  • Company No.

    014879

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    01 Jun 1992

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Chandigarh

Industry

Consumer Goods
Manufacturing
Company report

Geeta Threads Ltd

Explore comprehensive data for Geeta Threads Ltd, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Geeta Threads?

Executive Team (1)

NameDesignationAppointment DateStatus
Bhim Garg Country flag representing In Managing Director01-Jun-1992Current

Board Members (2)

NameDesignationAppointment DateStatus
Poonam Garg Country flag representing In Director 01-Oct-2002Current
Shubham Goyal Country flag representing In Director 30-Nov-2018Current

Financial Performance of Geeta Threads.

Geeta Threads Ltd, for the financial year ended 2023, experienced significant growth in revenue, with a 15.18% increase. The company also saw a substantial fall in profitability, with a 39.8% decrease in profit. The company's net worth moved up by a moderate rise of 1.5%.

Geeta Threads revenue growth over time
Geeta Threads 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
15.18%
Revenue from Operations
15.23%
Total Assets
14.80%
Profit or Loss
-39.80%
Net Worth
1.50%
EBITDA
68.82%

What is the Ownership and Shareholding Structure of Geeta Threads?

In 2023, Geeta Threads 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

₹27.43 Cr

Satisfied Charges

₹19.05 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 27.43 Cr

Latest Charge Details

DateLenderAmountStatus
17 Dec 2021Hdfc Bank Limited₹13.71 CrOpen
17 Dec 2021Hdfc Bank Limited₹13.71 CrOpen
18 Mar 2014Punjab National Bank₹2.50 CrSatisfied
09 Mar 2011Punjab National Bank₹9.00 MSatisfied
24 May 2010Punjab National Bank₹5.50 CrSatisfied

How Many Employees Work at Geeta Threads?

Geeta Threads has a workforce of 20 employees as of Mar 27, 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.

Employee growth trends for Geeta Threads Ltd

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Geeta Threads, 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 Geeta Threads'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 Geeta Threads

Recent activity within the organization

  • Annual General Meeting

    Geeta Threads Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Geeta Threads Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 13.71 Cr registered on 17 Dec 2021 with Charge ID 100540480 was modified on 23 May 2023.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 13.71 Cr registered on 17 Dec 2021 with Charge ID 100540488 was modified on 23 May 2023.

  • Charges

    A charge registered on 18 Mar 2014 via Charge ID 10507411 with Punjab National Bank was fully satisfied on 11 May 2022.

  • Charges

    A charge registered on 09 Mar 2011 via Charge ID 10282217 with Punjab National Bank was fully satisfied on 11 May 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Geeta Threads Ltd?

    Geeta Threads Ltd was incorporated on 01 Jun 1992.

  • What is authorized share capital and paid-up capital of Geeta Threads Ltd?

    The authorized share capital of Geeta Threads Ltd is ₹ 4.10 Cr and paid-up capital is ₹ 3.90 Cr.

  • Who are the current board members & directors of Geeta Threads Ltd?

    Currently 3 directors are associated with Geeta Threads Ltd.

    • Poonam Garg
    • Bhim Sain Garg
    • Shubham Goyal

  • What is the registered address of Geeta Threads Ltd?

    As per Ministry of Corporate Affairs (Mca), the registered address of Geeta Threads Ltd is Geeta Threads Limited, Handiaya Road India, Barnala, Punjab, 148101.

  • What is the corporate identification number (CIN) and company number of Geeta Threads Ltd?

    The corporate identification number (CIN) of Geeta Threads Ltd is U25111PB1992PLC014879 and the company number is 014879 as per Ministry of Corporate Affairs (MCA).

  • What has been the recent revenue trend for Geeta Threads Ltd?

    According to the financial reports for the fiscal year 2023, the revenue trend for Geeta Threads Ltd has risen by 15.18%.

  • How many employees does Geeta Threads Ltd currently have?

    As Per 2023 financial reports, 20 employees are currently employed by Geeta Threads Ltd.

  • What change has been observed in the net worth of Geeta Threads Ltd, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Geeta Threads Ltd has experienced an upsurge of 1.50%.

  • What are the total open charges for Geeta Threads Ltd?

    As per the financial statements for fiscal Year 2023, The total open charges for Geeta Threads Ltd amount to ₹ 27.43 Cr.

  • When was the last Balance Sheet of Geeta Threads Ltd filed with the ROC?

    The most recent Balance Sheet for Geeta Threads Ltd was filed with the ROC on 31 Mar 2024.

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