Genesis Associates Private Limited
About Genesis Associates Private Limited
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Genesis Associates Private Limited is a private limited company based in New Delhi, Delhi, India. It operates in the furniture retail and distribution segment of the consumer electronics and durables sector. It was incorporated on 17 August 1987 and has been in existence for over 39 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1987PTC028939. Its GSTIN is 07AAACG4978Q1ZU (Delhi).
The company has an authorised share capital of ₹25 Lakh and a paid-up capital of ₹2.42 Lakh. It is led by directors Ratinderpal Singh and Jatin Bhatia.
Its last annual general meeting (AGM) was held on 30 November 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office is at 19 Furniture Block Kirti Nagar, New Delhi, Delhi, India – 110005.
As per the financials filed for FY 2020, the company reported a revenue of ₹2.55 Lakh. For the same year it recorded a net loss of ₹3.71 Lakh (net margin -145.7%) and EBITDA of -₹16,578 (EBITDA margin -6.5%). Revenue has declined at a compounded annual rate (CAGR) of 61% over three years and 49% over five years.
Court records list 1 case involving the company, including 1 filed against it.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Genesis Associates Private Limited's registered office is in New Delhi, Delhi. Its e-mail address is in the company report.
- Email
- Registered Address19 Furniture Block Kirti Nagar, New Delhi, Delhi, India – 110005
- IndustryConsumer Electronics & Durables, Furniture Retail & Distribution
To see the full contact details of Genesis Associates 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 activity of Genesis Associates is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Genesis Associates Private Limited, buy the company report.
Financials of Genesis Associates Private Limited
FY 2021 filings availableGenesis Associates Private Limited reported revenue of ₹2.55 Lakh for FY 2020.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 49% over five years. EBITDA rose 71% 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 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | ₹2.55 Lakh | ||||
| Other Income | |||||
| Total Revenue | |||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
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| Depreciation and Amortisation | |||||
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| Total Expenses | |||||
| EBITDA | -₹16,578 | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹3.71 Lakh | ||||
| Balance Sheet | |||||
| Share Capital | |||||
| Reserves and Surplus | |||||
| Net Worth (Total Equity) | |||||
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Financial Ratios
| Metrics | FY 2019-20 | FY 2018-19 | FY 2017-18 | FY 2016-17 | FY 2015-16 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -6.5% | ||||
| Net Profit Margin | -145.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
| Liquidity and Debt | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Genesis Associates Private Limited, buy the company report.
Board of directors of Genesis Associates Private Limited
Genesis Associates 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 |
|---|---|---|---|---|
| Ratinderpal Singh | Director | 21 Mar 2001 | 25 Years 7 Months | Current |
| Jatin Bhatia | Director | 19 Jun 2015 | 11 Years 4 Months | Current |
Auditor
Genesis Associates Private Limited is audited by N K R T & CO for the financial year 2020.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| N K R T & CO | FY 2020 | 012277N |
Shareholding
The shareholding of Genesis Associates Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Genesis Associates Private Limited, buy the company report.
Legal cases
Genesis Associates Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Gautam Buddha Nagar, Uttar Pradesh | Court case (Motor Vehicle Challan) | Filed against the company by U.P. State | Disposed |
To see the full case history of Genesis Associates 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
No delayed payments to MSME suppliers are on our record for Genesis Associates Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Genesis Associates has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACG4978Q1ZU | Delhi | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Genesis Associates Private Limited, buy the company report.
Recent activity
Genesis Associates Private Limited has 3 board changes on record since 2001: 2 appointments and 1 cessation. The latest: Gurpreet Singh Bhatia ceased to be Director on 19 Jun 2015.
Frequently asked questions
Genesis Associates is an active private limited company based in New Delhi, Delhi, India. The company works in furniture retail and distribution, within the consumer electronics and durables industry. It was incorporated on 17 August 1987 (39+ years old) and is registered under CIN U74899DL1987PTC028939.
Genesis Associates has 2 current directors:
- Ratinderpal Singh - Director
- Jatin Bhatia - Director
The latest financial statements of Genesis Associates on record with the MCA are for the year ended 31 March 2021. Its last annual general meeting was held on 30 November 2021. Year-wise statements from 2015 are in the company report.
The GSTIN of Genesis Associates is 07AAACG4978Q1ZU, registered in Delhi.
The CIN (Corporate Identification Number) of Genesis Associates is U74899DL1987PTC028939. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Genesis Associates has 1 court case on record: 1 filed against it.
Genesis Associates was incorporated on 17 August 1987, making it 39+ years old. It is registered with the Registrar of Companies, Delhi.
Gurpreet Singh Bhatia ceased to be Director on 19 Jun 2015. Jatin Bhatia was appointed as Director on 19 Jun 2015. Ratinderpal Singh was appointed as Director on 21 Mar 2001.
The registered office of Genesis Associates is at 19 Furniture Block Kirti Nagar, New Delhi, Delhi, India – 110005.
Genesis Associates operates in the consumer electronics and durables industry, in the furniture retail and distribution segment.
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