About Gei Industrial Systems Limited
Data last updated:
Gei Industrial Systems Limited is a public limited company based in Bhopal, Madhya Pradesh, 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 industrial machinery manufacturing segment of the machinery and industrial equipment sector. It was incorporated on 28 December 1993.
The company is registered with the Registrar of Companies (ROC), Gwalior, under CIN L28112MP1993PLC008029. The company has 1 GST registration on record, which is no longer active. It is a listed company.
The company has an authorised share capital of ₹90 Cr and a paid-up capital of ₹19.68 Cr. It was formerly known as Gei Engineering Limited and Gei Hamon Industries Limited. It is led by directors including Carnet Elias Fernandes (Managing Director) and Robinson Fernandez.
Its last annual general meeting (AGM) was held on 28 September 2015, and its latest financial statements are for the year ended 31 March 2015. The registered office is at 26 – A Industrial Area Govindpura, Bhopal, Madhya Pradesh, India – 462023.
As per the financials filed for FY 2015, the company reported a revenue of ₹30.57 Cr, a decline of 56% compared to the previous year. For the same year it recorded a net loss of ₹45.01 Cr (net margin -147.2%) and EBITDA of -₹13.41 Cr (EBITDA margin -43.9%).
The company has about 2 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: GEI Industrial Systems. As per MCA filings, the company has open charges of ₹696.53 Cr and satisfied charges of ₹118.59 Cr on record. Court records list 200 cases involving the company, including 29 filed by the company and 174 filed against it; 50 cases are pending. The company has 38 deals on record (20 market trades, 12 secondary share transfers, 6 funding rounds), with disclosed funding of ₹122.12 Cr; the latest was in September 2014. Its 9 peer companies in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products) are compared by revenue, 4 larger and 5 smaller; the largest is Precision Kalpurja Udyog Private Limited with revenue of ₹31.07 Cr.
The last known website on record is geiind.com.
Company details
Name history
Gei Industrial Systems has undergone 2 name changes throughout its history. The company was previously known as Gei Engineering Limited, and Gei Hamon Industries Limited. The current legal name is Gei Industrial Systems Limited.
| Company Name | Status |
|---|---|
| Gei Industrial Systems Limited | Current |
| Gei Engineering Limited | Previous |
| Gei Hamon Industries Limited | Previous |
Contact details
Gei Industrial Systems Limited's registered office is in Bhopal, Madhya Pradesh. Its website is geiind.com. Its e-mail address is in the company report.
- Email
- Website
- Registered Address26 – A Industrial Area Govindpura, Bhopal, Madhya Pradesh, India – 462023
- IndustryMachinery and Equipment, Industrial Machinery Manufacturing
To see the full contact details of Gei Industrial Systems 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
Brands
Gei Industrial Systems operates one associated brand: GEI Industrial Systems. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Basic website hosting services are provided through a user-friendly interface. | geiind.com |
Financials of Gei Industrial Systems Limited
FY 2015 filings availableGei Industrial Systems Limited reported revenue of ₹30.57 Cr (down 56% YoY) for FY 2015.
Compounded Annual Growth Rate (CAGR)
Revenue fell 56% in the latest year. EBITDA fell 9% in the latest year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2014-15 |
|---|---|
| Profit and Loss Statement | |
| Revenue from Operations | |
| Other Income | |
| Total Revenue | ₹30.57 Cr |
| Cost of Materials Consumed | |
| Employee Benefit Expense | |
| Finance Costs | |
| Depreciation and Amortisation | |
| Other Expenses | |
| Total Expenses | |
| EBITDA | -₹13.41 Cr |
| Profit Before Tax | |
| Tax Expense | |
| Net Profit (PAT) | -₹45.01 Cr |
| 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 2014-15 |
|---|---|
| Profitability | |
| EBITDA Margin | -43.9% |
| Net Profit Margin | -147.2% |
| 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 Gei Industrial Systems Limited, buy the company report.
Board of directors of Gei Industrial Systems Limited
Gei Industrial Systems has 4 current directors and 17 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajitha Kumar Kandampully Appu | Nominee Director | 14 Feb 2013 | 13 Years 8 Months | As last reported |
| Carnet Elias Fernandes | Managing Director | 01 Feb 2008 | 18 Years 8 Months | As last reported |
| Robinson Fernandez | Director | 10 Nov 2011 | 14 Years 11 Months | As last reported |
| Pradeep Kumar Jain | Director | 29 Sep 2014 | 12 Years 0 Months | As last reported |
Peer comparison
Gei Industrial Systems Limited is compared with the 9 companies closest to it by revenue in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Precision Kalpurja Udyog Private Limited | ₹31.07 Cr (FY 2025) | 16.0% | Delhi, India | |||
| Keld Ellentoft India Private Limited | ₹31 Cr (FY 2025) | 44.0% | Chennai, Tamil Nadu, India | |||
| Kweng Magnadyne Private Limited | ₹31 Cr (FY 2025) | 13.0% | Bilimora, Gujarat, India | |||
| Formertron Engineering(India) Private Limited | ₹31 Cr (FY 2025) | 49.0% | W.E.F. 01.01.2002, Maharashtra, India | |||
| Motilal Dished-Ends Works Private Limited | ₹30.97 Cr (FY 2025) | 56.0% | Thnae, Maharashtra, India | |||
| Poona Couplings Pvt Ltd | ₹30.96 Cr (FY 2025) | 19.0% | Pune, Maharashtra, India | |||
| Eco Crystal Private Limited | ₹30.9 Cr (FY 2025) | 0.0% | Malur, Karnataka, India | |||
| Icp (India) Private Limited | ₹30.89 Cr (FY 2025) | -13.0% | Bangalore, Karnataka, India | |||
| MCT Brattberg India Private Limited | ₹30.87 Cr (FY 2025) | -85.0% | New Delhi, Delhi, India | |||
| Gei Industrial Systems Limited this company | ₹30.57 Cr (FY 2015) | -₹45.01 Cr | -147.2% | -56.0% | 2 | Bhopal, Madhya Pradesh, India |
To see the full peer comparison of Gei Industrial Systems Limited, buy the company report.
Auditor
Gei Industrial Systems Limited is audited by A.K.KHABYA & CO. for the financial year 2015.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| A.K.KHABYA & CO. | FY 2015 | 001994C |
Shareholding
The shareholding of Gei Industrial Systems Limited is on record for FY 2015, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2015 |
|---|---|
| Promoters | |
| Domestic institutional investors (DII) | |
| Foreign institutional investors (FII) | |
| Public | |
| Others |
To see the full shareholding pattern of Gei Industrial Systems Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 31 Mar 2015 | 10565640 | State Bank of India | ₹55.5 Cr | Open | |
| 18 Mar 2013 | 10411505 | L & T Finance Limited | ₹60.42 Lakh | Open | |
| 29 Jun 2011 | 10300139 | State Bank of India | ₹5 Cr | Open | |
| 01 Jun 2011 | 10289814 | Axis Bank Ltd | ₹75 Cr | Open | |
| 26 Apr 2011 | 10291095 | Hdfc Bank Limited | ₹13 Lakh | Open |
To see the full charge records of Gei Industrial Systems Limited, buy the company report.
Total charge records: 31 View all charges
Deals & funding
Gei Industrial Systems Limited has 38 deals on record (20 market trades, 12 secondary share transfers, 6 funding rounds), with disclosed funding of ₹122.12 Cr; the latest was in September 2014.
Deals on record (5 of 38)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Sep 2014 | Secondary share transfer | Undisclosed | Buyer: Swan Finance Limited , Dhoot Industrial Finance Limited , 2 individuals Seller: Clareville Capital Opportunities Master Fund Ltd, Others Gei Industrial Systems Limited, Systematix Shares and Stocks (India) Limited , an individual |
| Sep 2013 | Secondary share transfer | Undisclosed | Buyer: Clareville Capital Opportunities Master Fund Ltd, Bridge India Fund Limited, Others Gei Industrial Systems Limited Seller: Aditya Birla Private Equity, Systematix Shares and Stocks (India) Limited , BanyanTree Finance |
| Sep 2012 | Secondary share transfer | Undisclosed | Buyer: Aditya Birla Private Equity, Credo India Thematic Fund, 2 individuals Seller: Anand Rathi Share and Stock Brokers Limited , Others Gei Industrial Systems Limited, PCA India Infrastructure Equity Open Ltd |
| Sep 2011 | Secondary share transfer | Undisclosed | Buyer: Anand Rathi Share and Stock Brokers Limited , Others Gei Industrial Systems Limited Seller: Premier Investment Fund Limited, Dhoot Industrial Finance Limited , India Infoline Finance Limited , an individual |
| Sep 2010 | Secondary share transfer | Undisclosed | Buyer: BanyanTree Finance, Premier Investment Fund Limited, India Infoline Finance Limited Seller: Others Gei Industrial Systems Limited |
To see the full deal history of Gei Industrial Systems Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Gei Industrial Systems Limited has 200 court cases on record: 29 filed by Gei Industrial Systems, 174 filed against it. 50 cases are pending and 150 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 110 | 107 | 36 |
| High courts | 77 | 60 | 14 |
| NCLT | 8 | 4 | 0 |
| Supreme Court | 4 | 2 | 0 |
| NCLAT | 1 | 1 | 0 |
Cases on record (5 of 200)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Bombay High Court | Interim or miscellaneous application | Filed against the company by Sbi Global Factors Limited | Pending |
| High Court, MAHARASHTRA | Court case (APL) | Filed against the company by Bernad John Director of M/S Gei Industrial Systems Ltd | Pending |
| High Court, MAHARASHTRA | Court case (APL) | Filed by the company against Gei Industrial Systems Ltd and 2 others | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by SBM Chemicals and Instruments Pvt Limited | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed against the company by M/S. Ronash Consultants Developers and Traders Pvt Ltd. | Pending |
To see the full case history of Gei Industrial Systems 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 Gei Industrial Systems Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Gei Industrial Systems has 1 subsidiary company. This group structure data is as of FY 2015. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Gei Power Limited | U02899MP1991PLC006262 |
To see the full group structure of Gei Industrial Systems Limited, buy the company report.
Employees & EPFO
Gei Industrial Systems Limited has a workforce of 2 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
GST
Gei Industrial Systems has 1 GST registration on record, and it has been cancelled or is inactive. Only active GST numbers are listed on this page.
To see the full GST registrations and return filing status of Gei Industrial Systems Limited, buy the company report.
Recent activity
Gei Industrial Systems Limited has 36 board changes on record since 1993: 20 appointments and 16 cessations. The latest: Shibu Thomas ceased to be Additional Director on 09 Feb 2020.
79 earlier events are in the company report.
Frequently asked questions
Gei Industrial Systems 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.
Gei Industrial Systems is a company under insolvency, formerly operating as a public limited company based in Bhopal, Madhya Pradesh, India. The company works in industrial machinery manufacturing, within the machinery and equipment industry. It was incorporated on 28 December 1993 and is registered under CIN L28112MP1993PLC008029. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Gei Industrial Systems has 4 current directors:
- Carnet Elias Fernandes - Managing Director
- Ajitha Kumar Kandampully Appu - Nominee Director
- Robinson Fernandez - Director
- Pradeep Kumar Jain - Director
The latest financial statements of Gei Industrial Systems on record with the MCA are for the year ended 31 March 2015. Its last annual general meeting was held on 28 September 2015. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Gei Industrial Systems is L28112MP1993PLC008029. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes, Gei Industrial Systems is a listed company.
Gei Industrial Systems has open charges of ₹696.53 Cr and satisfied charges of ₹118.59 Cr as per latest MCA filings.
Gei Industrial Systems has 200 court cases on record: 29 filed by the company and 174 filed against it. 50 are pending. Most are in the district courts.
Gei Industrial Systems was incorporated on 28 December 1993. It is registered with the Registrar of Companies, Gwalior.
Gei Industrial Systems has 38 deals on record (20 market trades, 12 secondary share transfers, 6 funding rounds), with disclosed funding of ₹122.12 Cr; the latest was in September 2014.
The peers of Gei Industrial Systems by revenue are Precision Kalpurja Udyog Private Limited, Keld Ellentoft India Private Limited, Kweng Magnadyne Private Limited, Formertron Engineering(India) Private Limited, Motilal Dished-Ends Works Private Limited and 4 more, all in the Machinery and Equipment industry (Industrial Products Manufacturers), with the same principal business activity (plastic products, non-metallic mineral products, rubber products, fabricated metal products).