Genesis Colors Limited

Genesis Colors Limited - fashion and textile in Mumbai, Maharashtra, India. FY 2026 financials and compliance.
CIN U51311MH1998PLC335921 Incorporated 23 November 1998 ROC Mumbai HQ Mumbai, Maharashtra, India
Merged Public Limited Company fashion and textile
Data last updated
Revenue · FY 2024
₹38.99 Cr
▼ 12.00% YoY
EBITDA · FY 2024
*****
▼ 34.00% YoY
Net profit · FY 2024
*****
▲ 3.00% YoY
Authorised capital
₹54.01 Cr
Registered with MCA
Paid-up capital
₹12.57 Cr
Issued & subscribed
Open charges
None
Satisfied ₹245.32 Cr
Company age
28 yrs
Est. 1998
Employees · EPFO
99
Latest available

About Genesis Colors Limited

Data last updated: 10 October 2025

Genesis Colors Limited was a public limited company based in Mumbai, Maharashtra, India, operated as a subsidiary of Reliance Industries Limited. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It specialised in fashion retail, a part of the broader fashion and textiles sector. Incorporated on 23 November 1998.

Registered with ROC Mumbai under CIN U51311MH1998PLC335921.

Capital: an authorised share capital of ₹54.01 Cr and a paid-up capital of ₹12.57 Cr. Formerly known as Genesis Retail Private Limited and Genesis Colors Private Limited. It was led by directors including Sourabh Gupta and Sumeet Yadav.

Last AGM: 27 September 2024. Financial statements filed for year ended 31 March 2024. Office: 4Th Floor Court House Lokmanya Tilak Marg Dhobi Talao, Mumbai, Maharashtra, India – 400002.

As per the financials filed for FY 2024, the company reported a revenue of ₹38.99 Cr, a decline of 12% compared to the previous year.

The company had a reported workforce of approximately 99 employees prior to being dissolved. It operated as a subsidiary of Reliance Industries Limited.

The company was associated with 2 brands - Bwitch, Genesis Colors. As per MCA filings, the company had satisfied charges of ₹245.32 Cr on record.

The company has been merged (amalgamated) with another entity and no longer exists separately. Business activities, if any, continue under the successor entity. The last known website on record is genesiscolors.com.

Company Details of Genesis Colors Limited
CIN U51311MH1998PLC335921
Registration Number 335921
Incorporation Date 23 November 1998
ROC Mumbai
Listing Status Unlisted
Company Status Amalgamated
Date of Last AGM 27 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Reliance Industries Limited
Compliance Status Active Compliant
Key People
Sourabh Gupta Cfo Sumeet Yadav Additional Director Venkataraman Ramachandran Director
Contact Details
  • Email
    *****@*****.com
  • Telephone
    +91-****-******
  • Website
    genesiscolors.com
  • Social Media
    **************
  • Registered Address
    4Th Floor Court House Lokmanya Tilak Marg Dhobi Talao, Mumbai, Maharashtra, India – 400002
  • Industry
    Fashion and Textile, Fashion Retail
Company report
Genesis Colors Limited - full intelligence report
  • Historical Financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Litigation, compliance and MCA filings
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Financials, compliance, directors, charges, ownership and filings for Genesis Colors Limited in one report.

10-year financials Directors & ownership Charges & compliance

Name History of Genesis Colors Limited

Genesis Colors Limited has undergone 2 name changes throughout its history. The company was previously known as Genesis Retail Private Limited, and Genesis Colors Private Limited. The current legal name is Genesis Colors Limited, reflecting the company's evolution and rebranding over time.

Company Name Status
Genesis Colors Limited Current
Genesis Retail Private Limited Previous
Genesis Colors Private Limited Previous

CIN History of Genesis Colors Limited

Genesis Colors Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is U51311MH1998PLC335921, which is the unique identifier assigned by the Registrar of Companies.

CIN Status
U51311MH1998PLC335921 Current
U51311HR1998PTC054949 Previous
U51311DL1998PTC097184 Previous
U51311HR1998PLC054949 Previous

Associated Brands with Genesis Colors Limited

Genesis Colors Limited operates two associated brands: Bwitch and Genesis Colors. These brands represent Genesis Colors Limited's diversified market presence and brand portfolio.

Brand Description Website
Bwitch
A fashion brand specializing in high-quality lingerie products. bwitch.in
Genesis Colors
Retailer of apparel & fashion products genesiscolors.com

Competitors & Alternatives of Genesis Colors Limited

Brands and companies operating in the same space as Genesis Colors Limited include Innercover, PrivyPleasures, Boxershorts and 5 more.

Competitor Description Location Founded
Innercover Innercover Functions as an e-commerce store specializing in innerwear for men, women, and kids. Gurugram, India, India 2015
PrivyPleasures PrivyPleasures Online platform for purchasing sexy lingerie with fast and secure delivery. Pune, India, India 2011
Boxershorts Boxershorts Boxershorts operates a digital marketplace dedicated to shorts. Delhi, India, India 2014
Myshoppe Myshoppe Manages an e-commerce store focused on high-quality innerwear for women. Mumbai, India, India 2003
Route2Fashion Route2Fashion Online retailer selling innerwear, lingerie, fragrances, and apparel. Delhi, India, India 2012
Zotory Zotory Operates as an e-tailer specializing in innerwear products. Chennai, India, India 2014
Hosiery House Hosiery House Operates an online store specializing in innerwear and undergarments. Gwalior, India, India 2016
Parito Parito Online retailer of thermal and lifestyle clothing for all ages. Kanpur, India, India 2021

Business Activity of Genesis Colors Limited

Genesis Colors Limited is engaged in the principal business activity of trade, with detailed activities including retail trading, wholesale trading. The company has 2 registered principal business activity segments, demonstrating its operational diversity and market reach.

Main Activity Group Code Description of Main Activity Business Activity Code Description of Business Activity Turnover Percentage
G Trade G2 Retail Trading *********
G Trade G1 Wholesale Trading *********

Auditor Details of Genesis Colors Limited

Genesis Colors Limited is audited by Deloitte Haskins & Sells 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
Deloitte Haskins & Sells LLP blur-value blur-value blur-value

Board of Directors of Genesis Colors Limited

Genesis Colors Limited is currently managed by 10 directors, with 32 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.

Directors (as last reported)
Name Designation Appointment Date Tenure Status
Sourabh Gupta
Also directs: Korpserve Professionals Private Limited
Cfo 16 Apr 2024 2 Years 2 Months As last reported
Sumeet Yadav
Also directs: Reliance Abu Sandeep Private Limited, Reliance Rahul Mishra Fashion Private Limited, Future101 Design Private Limited and 5 more
Additional Director 10 Jan 2025 1 Years 6 Months As last reported
Venkataraman Ramachandran
Also directs: Alok Industries Limited, Haimavathy Properties Private Limited, Bvm Overseas Limited and 5 more
Director 22 Sep 2018 7 Years 9 Months As last reported
Prateek Mathur
Also directs: Reliance Ritu Kumar Private Limited, Reliance Abu Sandeep Private Limited, Reliance Rahul Mishra Fashion Private Limited and 5 more
Additional Director 10 Jan 2025 1 Years 6 Months As last reported
Samirbhai Rameshbhai Sheth
Also directs: Samavi Ventures Llp, Abeer Textile Private Limited, Achal Engineering Private Limited and 4 more
Director 16 Oct 2021 4 Years 8 Months As last reported
Ravichandran Nageswaran
Also directs: Mayuri Kumkum Limited, Reliance Logistics And Warehouse Holdings Limited, Reliance Mappedu Multi Modal Logistics Park Limited and 3 more
Additional Director 08 Oct 2024 1 Years 9 Months As last reported
Showing 6 of 10 current directors. View all directors

Financials of Genesis Colors Limited FY 2024 filings available

Genesis Colors Limited reported revenue of ₹38.99 Cr (down 12% YoY) for FY 2024. Profit growth despite declining revenue indicates effective cost management and margin discipline.

Revenue
₹38.99 Cr ▼ -12%
Profit
***** ▲ 3%
EBITDA
***** ▼ -34%
Metrics
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Revenue
Revenue from Operations
*****
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Revenue Growth %
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Other Income
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Total Revenue
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Expenses
Total Expenses
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Raw Material Cost
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Change in Inventory FG
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Change in Inventory WIP
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Purchase of Traded Goods
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Employee Cost
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Managerial Remuneration
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Audit Fees
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Insurance
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Power & Fuel
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Interest
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Depreciation
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Other Expenses
*****
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Profitability
EBITDA (Operating Profit)
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Operating Margin %
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Exceptional Items
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Extraordinary Items
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Profit Before Exceptional & Extraordinary Items
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Profit Before Tax
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Tax & Net Profit
Tax Expense
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Current Tax
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Deferred Tax
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Profit from Discontinued Operations
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Tax on Discontinued Operations
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Profit
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Net Margin %
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Metrics
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Shareholders' Funds
Total Shareholders' Funds
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Equity Capital
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Reserves & Surplus
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Money Against Warrants
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Other Equity
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Non-Current Liabilities
Total Non-Current Liabilities
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Long-Term Borrowings
*****
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Deferred Tax Liabilities
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Other Non-Current Liabilities
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Long-Term Provisions
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Current Liabilities
Total Current Liabilities
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Short-Term Borrowings
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Trade Payables
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Other Current Liabilities
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Short-Term Provisions
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Total Equity & Liabilities
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Non-Current Assets
Non-Current Assets
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Tangible Assets
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Intangible Assets
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Capital WIP
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Intangibles Under Dev
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Investments
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Deferred Tax Assets
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LT Loans & Advances
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Other Non-Current Assets
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Current Assets
Current Assets
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Current Investments
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Inventories
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Trade Receivables
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Cash & Bank Balance
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ST Loans & Advances
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Other Current Assets
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Total Assets
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Metrics
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Cash from Operating Activities (CFO)
Profit Before Tax
*****
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Non-Cash Adjustments
*****
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+ Interest Expense
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+ Depreciation
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+/- Unrealized Forex
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- Dividend Income
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- Interest Income
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+/- Other Non-Cash Items
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Changes in Working Capital
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+/- Inventory
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+/- Debtors
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+/- Creditors
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Reconciliation Adjustments
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Cash Generated from Operations
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Income Taxes Paid
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Net CFO (Cash from Operations)
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Cash from Investing Activities (CFI)
Acquisitions & Disposals
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Disposal of Subsidiaries
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Acquisition of Subsidiaries
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Capex
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Purchase of Fixed Assets
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Sale of Fixed Assets
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Other Investing Cash Flows
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Net CFI (Cash from Investing)
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Cash from Financing Activities (CFF)
Equity Issuance
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Debt Raised
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Debt Repaid
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Dividends Paid
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Interest Paid
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Net CFF (Cash from Financing)
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Net Cash Position
Net Change in Cash (Pre-Forex)
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Closing Cash & Equivalents
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Metrics
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Liquidity
Current Ratio
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Quick Ratio
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Cash Ratio
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Efficiency
Inventory Days
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Debtor Days
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Creditor Days
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Cash Conversion Cycle
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Asset Turnover
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Profitability
Net Profit Margin %
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Operating Margin %
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ROE %
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ROCE %
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Net Worth Margin %
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Growth
Revenue Growth %
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Leverage
Equity Multiplier
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Debt / EBITDA
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Solvency
D/E Ratio
*****
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ICR
*****
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Consolidated Statements

Income Statement, Balance Sheet, Cash Flow & Ratios available in the full report.

Unlock Complete Financial History (FY 2015 – Latest)
Standalone & Consolidated - Income Statement, Balance Sheet, Cash Flow, Financial Ratios and Growth Trends with 10+ years of line-item data.
10+ years of data Line-item breakdown Balance Sheet detail Cash Flow analysis 20+ ratios & metrics Downloadable PDF

Shareholding Pattern of Genesis Colors Limited

As of FY 2023, Genesis Colors Limited's shareholding pattern shows 90.61% by promoters, 9.39% by public shareholders. The promoters hold a majority stake, indicating strong promoter control.

2025
YEAR
38.19% Promoters
25.22% DII (Domestic Institutional)
10.28% FII (Foreign Institutional)
25.89% Public
2.42% Others
Shareholding Trend
Year 2025
Promoters 33.19%
DII 23.22%
FII 18.28%
Public 22.89%
Others 2.42%

Group Structure of Genesis Colors Limited

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

1
Joint ventures
1
Associated companies

Charges & Borrowings of Genesis Colors Limited

Open charges
₹0
Satisfied charges
₹245.32 Cr
Breakdown by lending institutions
The Hongkong and Shanghai Banking Corporation Limited₹71.00 Cr
Others₹45.35 Cr
Punjab National Bank₹39.85 Cr
Icici Bank Limited₹24.00 Cr
Citibank N.A.₹17.00 Cr
Others₹48.12 Cr
Latest charge details
DateLenderAmountStatus
01 Jul 2017 Others ₹35.13 Lakh Satisfied
16 Apr 2013 Others ₹45 Cr Satisfied
17 Aug 2012 Bmw India Financial Services Private Limited ₹5 Lakh Satisfied
17 Aug 2012 Bmw India Financial Services Private Limited ₹6.5 Lakh Satisfied
22 Mar 2012 Punjab National Bank ₹4 Lakh Satisfied

Total charge records: 29 View all charges

Employees and EPFO Compliance at Genesis Colors Limited

Genesis Colors Limited has a workforce of 99 employees as of Mar 28, 2024.

Employee count
99
Active EPFO establishments
1
Employee growth
-6.6%
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026

Employee Count & EPFO Data of Genesis Colors Limited

Access employee headcount trends, monthly PF payment records, EPFO establishment details, and compliance data.

Monthly employee headcount & PF contributions
EPFO establishment details & ECR filing status
Year-wise workforce analytics & attrition trends
PF exemption, coverage & compliance verification

GST Compliance of Genesis Colors Limited

XX%
Compliant
GSTR-1
GSTR-3B
GSTR-9
MH
KA
UP
TN
TS

GSTIN & GST Filing Data of Genesis Colors Limited

Access GSTIN registrations, state-wise filing compliance, HSN/SAC codes, and detailed goods & services data.

GSTIN registrations & state-wise presence
Filing compliance - GSTR-1, GSTR-3B, GSTR-9
HSN/SAC codes with goods & services details
Taxpayer type, jurisdiction & business constitution

Credit Ratings, Litigation & Regulatory Alerts for Genesis Colors Limited

Credit rating
AAA
AA+
AA
AA-
! !
2015 2017 2019 2021 2023
Litigation
District Court 35
High Court 45
Supreme Court 0
NCLT / NCLAT 0
Pending
Disposed
Regulatory alerts
GSTIN Cancelled
Andhra Pradesh
GSTIN Cancelled
Telangana (on application)
EPFO Delay
12 months delay - Haryana
Violations via Directors
20 MCA + 19 Bank defaults

Credit Ratings, Legal Cases & Regulatory Alerts of Genesis Colors Limited

Access complete credit rating history, litigation records, regulatory alerts, and compliance data.

Credit rating history across CARE, ICRA, Brickwork & India Ratings
Instrument-wise ratings, outlook & action timeline
Court-wise litigation (District, High Court, Supreme Court, NCLT)
Group company & common directorship litigation
Statutory compliance alerts (GSTIN, EPFO, ROC)
Director & company violations (MCA, SEBI, Banks, BSE/NSE)

MSME Payment Delays by Genesis Colors Limited

MSME Payment Delays by Genesis Colors Limited

Track payments outstanding to micro and small enterprise vendors, as disclosed in half-yearly MSME-1 returns filed with the MCA.

Amounts outstanding to MSME suppliers
Delay periods & reasons for delayed payments
Half-yearly MSME-1 filing history
Vendor-payment behaviour as a counterparty risk signal

Subsidiaries & Group Companies of Genesis Colors Limited

Subsidiaries & Group Companies of Genesis Colors Limited

See the full corporate group - holding company, subsidiaries, associates and joint ventures of Genesis Colors Limited with ownership details.

Holding & parent company details
Subsidiaries & step-down subsidiaries with % holding
Associates & joint ventures with partner details
Investments in other entities year-on-year

MCA Filings & Documents of Genesis Colors Limited

MCA Filings & Documents of Genesis Colors Limited

Download official documents filed with the Ministry of Corporate Affairs - from incorporation papers to the latest annual filings.

Incorporation documents, MoA & AoA
Annual returns (MGT-7) & financial statements (AOC-4)
Charge filings (CHG-1, CHG-4) & resolutions
Complete document index with filing dates

Recent Activity on Genesis Colors Limited

Directors
24 Apr 2025
Karandeep Harjit Singh was appointed as a Ceo on 24 Apr 2025 & has been associated with this company since 1 year 2 months.
Directors
10 Jan 2025
Sumeet Yadav was appointed as a Additional Director on 10 Jan 2025 & has been associated with this company since 1 year 6 months.
Directors
10 Jan 2025
Prateek Mathur was appointed as a Additional Director on 10 Jan 2025 & has been associated with this company since 1 year 6 months.
Directors
08 Oct 2024
Ravichandran Nageswaran was appointed as a Additional Director on 08 Oct 2024 & has been associated with this company since 1 year 9 months.
Activity
27 Sep 2024
Genesis Colors Limited last Annual general meeting of members was held on 27 Sep 2024 as per latest MCA records.
Directors
07 May 2024
Sourabh Gupta was appointed as a Cfo on 07 May 2024 & has been associated with this company since 2 years 2 months.

Recent News on Genesis Colors Limited

RIL raises stake in Genesis Colors to 49.46%
24 Aug 2018 · Moneycontrol

Frequently Asked Questions about Genesis Colors Limited

Genesis Colors Limited has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.

Genesis Colors Limited is a amalgamated public limited company in the fashion and textile sector based in Mumbai, Maharashtra, India. It was incorporated on 23 November 1998 and is registered under CIN U51311MH1998PLC335921. The company was amalgamated as per MCA records and no longer exists as a legal entity.

Genesis Colors Limited was incorporated on 23 November 1998. Registered with ROC Mumbai.

The current directors of Genesis Colors Limited are:

The CIN (Corporate Identification Number) of Genesis Colors Limited is U51311MH1998PLC335921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

The primary industry of Genesis Colors Limited is fashion and textile. The company specifically operates in fashion retail.

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