Geltec Private Limited - pharma in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U24230MH2002PTC135200 Incorporated 28 April 1994 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Private Limited Company pharma
Data last updated
Revenue · FY 2025
₹362.73 Cr
▲ 7.00% YoY
EBITDA · FY 2025
Locked
In full report
Net profit · FY 2025
Locked
In full report
Authorised capital
₹20 Cr
Registered with MCA
Paid-up capital
₹13.39 Cr
Issued & subscribed
Open charges
₹27.51 Cr
Satisfied ₹33.24 Cr
Company age
32 yrs
Est. 1994
Employees · EPFO
331
Latest available

About Geltec Private Limited

Data last updated: 06 January 2026

Geltec Private Limited is a private limited company based in Mumbai, Maharashtra, India. It specialises in drug formulation and development, a part of the broader pharmaceuticals sector. Incorporated on 28 April 1994, the company has been in operation for over 32 years.

Registered with ROC Mumbai under CIN U24230MH2002PTC135200.

Capital: an authorised share capital of ₹20 Cr and a paid-up capital of ₹13.39 Cr. Formerly known as Banner Pharmacaps (India) Private Limited. It is led by directors including Vikram Bodhraj Tannan and Vivek Vikram Tannan.

Last AGM: 30 September 2025. Financial statements filed for year ended 31 March 2025. Office: 1St Floor Capsulationservices Premises Sion – Trombay Road Deonar, Mumbai, Maharashtra, India – 400088.

As per the financials filed for FY 2025, the company reported a revenue of ₹362.73 Cr, a growth of 7% compared to the previous year.

The company has a workforce of approximately 331 employees as per the latest available data.

The company is associated with 1 brand - Geltec. As per MCA filings, the company has open charges of ₹27.51 Cr and satisfied charges of ₹33.24 Cr on record.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website geltec.in.

Company Details of Geltec Private Limited
CIN U24230MH2002PTC135200
Registration Number 135200
Incorporation Date 28 April 1994
ROC Mumbai
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
Contact Details
  • Email
    Locked
  • Telephone
    Locked
  • Website
  • Social Media
  • Registered Address
    1St Floor Capsulationservices Premises Sion – Trombay Road Deonar, Mumbai, Maharashtra, India – 400088
  • Industry
    Pharma, Drug Formulation & Development
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Financials, compliance, directors, charges, ownership and filings for Geltec Private Limited in one report.

10-year financials Directors & ownership Charges & compliance

Associated Brands with Geltec Private Limited

Geltec Private Limited operates one associated brand: Geltec. These brands represent Geltec Private Limited's diversified market presence and brand portfolio.

Brand Description Website
Manufactures soft gelatin capsules for nutraceutical and pharmaceutical applications. geltec.in

Competitors & Alternatives of Geltec Private Limited

Brands and companies operating in the same space as Geltec Private Limited include Jubilant Life Sciences, Akums, Nectar Lifesciences and 5 more.

Competitor Description Location Founded
Jubilant Life Sciences Jubilant Life Sciences Company offering a suite of R&D and manufacturing services for small molecules and generics Noida, India, India 1978
Akums Akums CDMO focusing on spectrum of dosage forms and therapeutic segments Delhi, India, India 2004
Nectar Lifesciences Nectar Lifesciences Cephalosporin APIs and generic formulations are manufactured. Chandigarh, India, India 1995
Windlas Windlas Biopharma regulatory affairs, quality control, and strategy services are provided. Gurugram, India, India 2001
Unither Unither Contract development and manufacturing organization for proprietary and generic drugs Paris, France, France 1993
Recipharm Recipharm Pharmaceutical development and manufacturing services are offered contractually. Jordbro, Sweden, Sweden 1995
CoreRx CoreRx CDMO with a focus on early phase drug product development Clearwater, United States, United States 2006
MedPharm MedPharm Topical and inhaled drug delivery formulations are developed and manufactured. Guildford, United Kingdom, United Kingdom 1998

Business Activity of Geltec Private Limited

Geltec Private Limited is engaged in the principal business activity of manufacturing, with detailed activities including chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
C Manufacturing C6 Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products Locked
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Business activity turnover details for Geltec Private Limited

Turnover contribution percentages and historical activity changes require an active report plan.

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Auditor Details of Geltec Private Limited

Geltec Private Limited is audited by KALYANIWALLA & MISTRY LLP for the financial year 2023. The auditor plays a crucial role in ensuring financial transparency and compliance with accounting standards.

Name Status Appointment Date Cessation Date
KALYANIWALLA & MISTRY LLP Locked Locked Locked
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Complete auditor history for Geltec Private Limited

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Board of Directors of Geltec Private Limited

Geltec Private Limited is currently managed by 8 directors, with 10 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Current Directors
Name Designation Appointment Date Tenure Status
Vikram Bodhraj Tannan Director 02 Sep 2002 23 Years 10 Months Current
Vivek Vikram Tannan Director 02 Sep 2002 23 Years 10 Months Current
Suresh Khanna Director 18 Mar 2008 18 Years 4 Months Current
Piyush Ranjan Director 01 Jun 2023 3 Years 1 Months Current
Preetika Vikram Tanan Director 12 Aug 2015 10 Years 11 Months Current
Bharat Sumant Raut Director 04 Apr 2007 19 Years 3 Months Current
Showing 6 of 8 current directors. View all directors

Financials of Geltec Private Limited FY 2025 filings available

Geltec Private Limited reported revenue of ₹362.73 Cr (up 7.00% YoY) for FY 2025.

Revenue · FY 2025
₹362.73 Cr ▲ 7.00%
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Ten-year financial statements for Geltec Private Limited

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  • Balance sheets
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Ownership and Shareholding of Geltec Private Limited

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Shareholding and ownership data for Geltec Private Limited

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Group Structure of Geltec Private Limited

Geltec Private Limited has 1 associated company. This group structure data is as of FY 2023. The corporate group structure reflects Geltec Private Limited's business expansion strategy and organizational complexity.

1
Associated companies

Charges & Borrowings of Geltec Private Limited

Open charges
₹27.51 Cr
Satisfied charges
₹33.24 Cr
Breakdown by lending institutions
Kotak Mahindra Bank Limited₹13.50 Cr
Others₹12.00 Cr
The Hongkong and Shanghai Banking Corporation Limited₹2.01 Cr
Latest charge details
DateLenderAmountStatus
05 Jan 2023 The Hongkong and Shanghai Banking Corporation Limited ₹2.01 Cr Open
13 Feb 2017 Others ₹12 Cr Open
09 Mar 2015 Kotak Mahindra Bank Limited ₹13.5 Cr Open
20 Jan 2020 Citi Bank N.A. ₹1 Cr Satisfied
26 Mar 2010 Dbs Bank Ltd ₹5 Cr Satisfied

Total charge records: 8 View all charges

Employees and EPFO Compliance at Geltec Private Limited

Geltec Private Limited has a workforce of 331 employees as of Apr 08, 2024.

Employee count
331
Active EPFO establishments
2
Employee growth
-0.6%
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Employee and EPFO history for Geltec Private Limited

Monthly headcount, contribution history, establishment records, and filing compliance require an active report plan.

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GST Compliance of Geltec Private Limited

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GST registrations and filing compliance for Geltec Private Limited

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Credit Ratings, Litigation & Regulatory Alerts for Geltec Private Limited

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Credit ratings, litigation, and regulatory alerts for Geltec Private Limited

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  • Court and tribunal cases
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MSME Payment Delays by Geltec Private Limited

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MSME payment history for Geltec Private Limited

Amounts outstanding to micro and small suppliers, delay reasons, and MSME-1 filing history require an active report plan.

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Subsidiaries & Group Companies of Geltec Private Limited

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Corporate group structure for Geltec Private Limited

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MCA Filings & Documents of Geltec Private Limited

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MCA filings and documents for Geltec Private Limited

Official forms, annual returns, financial statements, charge filings, and document dates require an active report plan.

  • Incorporation documents
  • Annual returns and statements
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Recent Activity on Geltec Private Limited

Activity
30 Sep 2025
Geltec Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Activity
31 Mar 2025
Geltec Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Mumbai.
Directors
01 Jun 2023
Piyush Ranjan was appointed as a Director on 01 Jun 2023 & has been associated with this company since 3 years 1 month.
Charges
05 Jan 2023
A charge with The Hongkong And Shanghai Banking Corporation Limited amounted to Rs. 2.01 Cr with Charge ID 100670071 was registered on 05 Jan 2023.
Directors
01 Sep 2022
Gaurav Sharma was appointed as a CEO on 01 Sep 2022 & has been associated with this company since 3 years 10 months.
Charges
25 Mar 2022
A charge registered on 20 Jan 2020 via Charge ID 100325008 with Citi Bank N.A. was fully satisfied on 25 Mar 2022.

Frequently Asked Questions about Geltec Private Limited

Geltec Private Limited is an active private limited company in the pharma sector based in Mumbai, Maharashtra, India. It was incorporated on 28 April 1994 (32+ years old) and is registered under CIN U24230MH2002PTC135200. The company has 331 employees.

Geltec Private Limited reported revenue of ₹362.73 Cr for FY 2025 (up 7.00% YoY).

The current directors of Geltec Private Limited are:

The primary industry of Geltec Private Limited is pharma. The company specifically operates in drug formulation and development. The company is currently active in this sector.

Geltec Private Limited can be reached at the registered office: 1St Floor Capsulationservices Premises Sion – Trombay Road Deonar, Mumbai, Maharashtra, India – 400088, or through the website geltec.in.

The authorised capital is ₹20 Cr, and the paid-up capital is ₹13.39 Cr.

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