About Gelco Electronics Private Limited
Data last updated:
Gelco Electronics Private Limited is a private limited company based in Dehgam, Gujarat, India. It operates in the power equipment manufacturers segment of the energy and power sector. It was incorporated on 30 March 2006 and has been in existence for over 20 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U31100GJ2006PTC048046. Its GSTIN is 24AACCG5735H1ZQ (Gujarat).
The company has an authorised share capital of ₹30 Lakh and a paid-up capital of ₹30 Lakh. It is led by directors including Piyush Naranbhai Patel (Managing Director) and Pragnesh Manibhai Patel.
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 Dehgam, Gujarat.
As per the financials filed for FY 2024, the company reported a revenue of ₹28.1 Cr, a growth of 8% compared to the previous year. For the same year it recorded a net profit of ₹2.38 Cr (net margin 8.5%) and EBITDA of ₹5.16 Cr (EBITDA margin 18.4%). Revenue has grown at a compounded annual rate (CAGR) of 9% over three years and 6% over five years.
The company has about 62 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Gelco Electronics. As per MCA filings, the company has open charges of ₹4.66 Cr and satisfied charges of ₹10.36 Cr on record. Court records list 22 cases involving the company, including 13 filed by the company and 6 filed against it; 4 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website gelco-world.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressBlock No. 142 Nr. Jalaram Ceramics, Khatraj Kadi Road At Karoli Ta Kalol, Dehgam, Gujarat, India – 382305
- IndustryEnergy and Power, Power Equipment Manufacturers
- 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
- One PDF report, delivered after checkout
Business Activity of Gelco Electronics Private Limited
The main business activity of Gelco Electronics is manufacturing. In detail, this covers electrical equipment, general purpose and special purpose machinery & equipment, transport equipment.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C10 | Electrical equipment, General Purpose and Special purpose Machinery & equipment, Transport equipment | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Gelco Electronics Private Limited FY 2025 filings available
Gelco Electronics Private Limited reported revenue of ₹28.1 Cr (up 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Gelco Electronics Private Limited
Revenue has grown at a compounded annual rate (CAGR) of 6% over five years, including 8% growth in the latest year. EBITDA rose 30% 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 of Gelco Electronics Private Limited
| 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 | ₹5.16 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹2.38 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 of Gelco Electronics Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 18.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 8.5% | •••• | •••• | •••• | •••• |
| 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 | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Gelco Electronics are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Gelco Electronics Private Limited
Gelco Electronics Private Limited is compared with the companies closest to it by revenue in the Power industry (Power Equipment Manufacturers). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Zener Systems Private Limited | ₹28.36 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Bangalore, Karnataka, India |
| Hvac Marsons Power Private Limited | ₹28.23 Cr (FY 2025) | •••• | •••• | 176.0% | •••• | Kolkata, West Bengal, India |
| Tranquil Power Systems Private Limited | ₹28.19 Cr (FY 2023) | •••• | •••• | 113.0% | •••• | Nellore, Andhra Pradesh, India |
| Akshar Energy Structures Private Limited | ₹28.19 Cr (FY 2025) | •••• | •••• | 39.0% | •••• | Vadodara, Gujarat, India |
| Cospower Engineering Limited | ₹28.11 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Naigaon, Maharashtra, India |
| Gelco Electronics Private Limited this company | ₹28.1 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Dehgam, Gujarat, India |
| Megha Roto-Tech Private Limited | ₹28.05 Cr (FY 2024) | •••• | •••• | 8.0% | •••• | Ahmedabad, Gujarat, India |
| Insta Power Control and Equipments Private Limited | ₹28.02 Cr (FY 2024) | •••• | •••• | 13.0% | •••• | Indore, Madhya Pradesh, India |
| Garg Insulators Private Limited | ₹27.99 Cr (FY 2025) | •••• | •••• | -5.0% | •••• | Odhan, Haryana, India |
| Tesla Controls (India) Private Limited | ₹27.95 Cr (FY 2024) | •••• | •••• | -17.0% | •••• | Chennai, Tamil Nadu, India |
| Chennai Electro and Circuits Private Limited | ₹27.94 Cr (FY 2025) | •••• | •••• | 25.0% | •••• | Chennai, Tamil Nadu, India |
Peers are the five companies nearest above and the five nearest below Gelco Electronics by revenue in the Power industry (Power Equipment Manufacturers), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Gelco Electronics Private Limited
Gelco Electronics Private Limited is audited by JAYKUMAR PATEL for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| JAYKUMAR PATEL | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Gelco Electronics Private Limited
Gelco Electronics has 4 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Piyush Naranbhai Patel | Managing Director | 30 Apr 2010 | 16 Years 5 Months | Current |
| Pragnesh Manibhai Patel | Director | 30 Apr 2010 | 16 Years 5 Months | Current |
| Manibhai Haribhai Patel Also directs: Gelco Marketing Private Limited | Director | 30 Mar 2006 | 20 Years 6 Months | Current |
| Naranbhai Haribhai Patel | Director | 30 Mar 2006 | 20 Years 6 Months | Current |
Ownership and Shareholding of Gelco Electronics Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Gelco Electronics Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 30 Sep 2024 | Sidbi | ₹66.29 Lakh | Open |
| 17 Aug 2011 | The Kalupur Commercial Co-Operative Bank Limited | ₹4 Cr | Open |
| 27 Aug 2020 | Others | ₹5.4 Cr | Satisfied |
| 19 Aug 2019 | Others | ₹25 Lakh | Satisfied |
| 16 Nov 2017 | The Kalupur Commercial Co-Operative Bank Limited | ₹1.2 Cr | Satisfied |
Total charge records: 8 View all charges
Legal Cases of Gelco Electronics Private Limited
Gelco Electronics Private Limited has 22 court cases on record: 13 filed by Gelco Electronics, 6 filed against it, 3 where it is another party. 4 cases are pending and 18 are disposed. Status as checked between 29 Sep 2026 and 03 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 15 | 6 | 4 |
| High courts | 7 | 0 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Gujarat | Civil suit | Filed by the company against Ellico Controls Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Court case (CS CCC) | Filed by the company against Ellico Controls Private Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against an individual | Pending |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed by the company against Mr.S.B.Lingaraju Authorised Person of Sri Murada Motors | Pending |
Full case history
All 22 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
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 by Gelco Electronics Private Limited
Gelco Electronics Private Limited has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 194 overdue payments to 31 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 31)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Tara Relays Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| Tanya Enterprises | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 2 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Gelco Electronics Private Limited
Gelco Electronics operates one associated brand: Gelco Electronics. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturing and supplying electronic control panels, stabilizers, and related products in India. | gelco-world.com |
Employees and EPFO Compliance at Gelco Electronics Private Limited
Gelco Electronics Private Limited has a workforce of 62 employees as of Mar 31, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Recent Activity on Gelco Electronics Private Limited
Gelco Electronics Private Limited has 5 board changes on record since 2006: 4 appointments and 1 cessation. The latest: Piyush Naranbhai Patel was appointed as Managing Director on 30 Apr 2010.
11 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Gelco Electronics Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Gelco Electronics Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Gelco Electronics Private Limited
Gelco Electronics has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AACCG5735H1ZQ | Gujarat | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Gelco Electronics Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Gelco Electronics Private Limited
Gelco Electronics is an active private limited company based in Dehgam, Gujarat, India. The company works in power equipment manufacturers, within the energy and power industry. It was incorporated on 30 March 2006 (20+ years old) and is registered under CIN U31100GJ2006PTC048046.
Gelco Electronics reported revenue of ₹28.1 Cr for FY 2024 (up 8% YoY).
Gelco Electronics has 4 current directors:
- Piyush Naranbhai Patel - Managing Director
- Pragnesh Manibhai Patel - Director
- Manibhai Haribhai Patel - Director
- Naranbhai Haribhai Patel - Director
Gelco Electronics reported a net profit of ₹2.38 Cr (net margin 8.5%) and EBITDA of ₹5.16 Cr (EBITDA margin 18.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Gelco Electronics is 9% over three years and 6% over five years. In the latest year (FY 2024) revenue rose 8%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Gelco Electronics is 24AACCG5735H1ZQ, registered in Gujarat.
The CIN (Corporate Identification Number) of Gelco Electronics is U31100GJ2006PTC048046. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Gelco Electronics has 22 court cases on record: 13 filed by the company and 6 filed against it. 4 are pending. Most are in the district courts.
Gelco Electronics was incorporated on 30 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of Gelco Electronics by revenue are Zener Systems Private Limited, Hvac Marsons Power Private Limited, Tranquil Power Systems Private Limited, Akshar Energy Structures Private Limited, Cospower Engineering Limited and 5 more, all in the Power industry (Power Equipment Manufacturers).
Piyush Naranbhai Patel was appointed as Managing Director on 30 Apr 2010. Piyush Naranbhai Patel ceased to be Director on 30 Apr 2010. Pragnesh Manibhai Patel was appointed as Director on 30 Apr 2010. Gelco Electronics has 5 board changes on record in total.
Gelco Electronics has 2 MSME Form 1 returns on record for the period ending Mar 2023, listing 194 overdue payments to 31 micro and small suppliers. The latest return was filed on 29 Aug 2023.