About Genesis Colors Limited
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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 operated in the fashion retail segment of the fashion and textiles sector. It was incorporated on 23 November 1998.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U51311MH1998PLC335921. Its GSTIN is 27AABCG4825H1ZO (Maharashtra). The company held 17 GST registrations, of which 16 are active.
The company had an authorised share capital of ₹54.01 Cr and a paid-up capital of ₹12.57 Cr. It was formerly known as Genesis Retail Private Limited and Genesis Colors Private Limited. It was led by directors including Venkataraman Ramachandran and Samirbhai Rameshbhai Sheth.
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office was at 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. For the same year it recorded a net profit of ₹22.97 Cr (net margin 58.9%) and EBITDA of ₹3.2 Cr (EBITDA margin 8.2%). Revenue has declined at a compounded annual rate (CAGR) of 15% over three years and 29% over five years.
The company had about 99 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 2 brands: Bwitch and Genesis Colors. As per MCA filings, the company had satisfied charges of ₹245.32 Cr on record. Court records list 40 cases involving the company, including 35 filed by the company and 5 filed against it; 5 cases are pending. The company has 25 deals on record (12 secondary share transfers, 9 funding rounds, 3 rights issues), with disclosed funding of ₹104.66 Cr; the latest was in February 2019.
The last known website on record is genesiscolors.com.
Company details
Name history
Genesis Colors 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.
| Company Name | Status |
|---|---|
| Genesis Colors Limited | Current |
| Genesis Retail Private Limited | Previous |
| Genesis Colors Private Limited | Previous |
CIN history
Genesis Colors 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 |
Contact details
Genesis Colors Limited's registered office is in Mumbai, Maharashtra. Its website is genesiscolors.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered Address4th Floor Court House Lokmanya Tilak Marg Dhobi Talao, Mumbai, Maharashtra, India – 400002
- IndustryFashion and Textile, Fashion Retail
To see the full contact details of Genesis Colors 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
Genesis Colors operates two associated brands: Bwitch and Genesis Colors. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| A fashion brand specializing in high-quality lingerie products. | bwitch.in | |
| Retailer of apparel & fashion products | genesiscolors.com |
Business activity
The main business activity of Genesis Colors is trade. In detail, this covers retail trading and wholesale trading. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading | |
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Genesis Colors Limited, buy the company report.
Financials of Genesis Colors Limited
FY 2024 filings availableGenesis Colors Limited reported revenue of ₹38.99 Cr (down 12% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 29% over five years, including a 12% fall in the latest year. EBITDA fell 34% 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 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | ₹3.2 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹22.97 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 8.2% | ||||
| Net Profit Margin | 58.9% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Receivable Days | |||||
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To see the full financial statements and ratios of Genesis Colors Limited, buy the company report.
Board of directors and KMP of Genesis Colors Limited
Genesis Colors Limited currently reports 5 directors and 1 key managerial person. 32 former directors have served the organization.
Auditor
Genesis Colors Limited is audited by Deloitte Haskins & Sells LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells LLP | FY 2023 | 117366W/W-100018 |
Shareholding
The shareholding of Genesis Colors Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Genesis Colors Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 01 Jul 2017 | 100169658 | Others | ₹35.13 Lakh | Satisfied | |
| 16 Apr 2013 | 10430732 | Others | ₹45 Cr | Satisfied | |
| 17 Aug 2012 | 10375774 | Bmw India Financial Services Private Limited | ₹5 Lakh | Satisfied | |
| 17 Aug 2012 | 10375953 | Bmw India Financial Services Private Limited | ₹6.5 Lakh | Satisfied | |
| 22 Mar 2012 | 10353295 | Punjab National Bank | ₹4 Lakh | Satisfied |
To see the full charge records of Genesis Colors Limited, buy the company report.
Total charge records: 29 View all charges
Deals & funding
Genesis Colors Limited has 25 deals on record (12 secondary share transfers, 9 funding rounds, 3 rights issues), with disclosed funding of ₹104.66 Cr; the latest was in February 2019.
Deals on record (5 of 25)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2017 | Secondary share transfer | Undisclosed | Buyer: Plus Capital Advisors Private Limited Seller: an individual |
| Nov 2013 | Secondary share transfer | Undisclosed | Buyer: Seminary Tie-Up Pvt Ltd Seller: an individual |
| Nov 2009 | Secondary share transfer | Undisclosed | Buyer: Henderson Equity Partners, Peak XV Partners (Sequoia India and SEA), Mayfield India Seller: Genesis Overseas Private Limited , 2 individuals |
| Sep 2009 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Prasad Agents Pvt Ltd , 3 individuals |
| Oct 2005 | Funding round · Seed | ₹17.32 Cr | Investors: JM Financial Services (Family Office), Genesis Overseas Private Limited , 2 individuals |
To see the full deal history of Genesis Colors 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
Genesis Colors Limited has 40 court cases on record: 35 filed by Genesis Colors, 5 filed against it. 5 cases are pending and 35 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 20 | 1 | 0 |
| District courts | 17 | 3 | 3 |
| Supreme Court | 3 | 1 | 2 |
Cases on record (5 of 40)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Criminal case | Filed by the company against West Point Designers Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against Ms West Point Designers Pvt. Ltd. | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (SUMMONS CASES SS) | Filed by the company against Ms West Point Designers Pvt. Ltd. | Disposed |
| District court, South West, Delhi | Court case (CS DJ ADJ) | Filed by the company against Ms Amra Remedies Ltd Ors | Disposed |
| High Court of Delhi | Arbitration matter | Filed by the company against Addon Retail Pvt Ltd | Disposed |
To see the full case history of Genesis Colors 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 Colors Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Genesis Colors has 1 joint venture and 1 associated company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
Employees & EPFO
Genesis Colors Limited has a workforce of 99 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
GST
Genesis Colors has 17 GST registrations: 16 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AABCG4825H1ZO | Maharashtra | Active | 01 Jul 2017 |
| 06AABCG4825H1ZS | Haryana | Active | 01 Jul 2017 |
| 07AABCG4825H1ZQ | Delhi | Active | 01 Jul 2017 |
| 08AABCG4825H1ZO | Rajasthan | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Genesis Colors Limited, buy the company report.
Recent activity
Genesis Colors Limited has 37 board changes on record since 2007: 6 appointments and 31 cessations. The latest: Yash Baheti ceased to be CEO on 31 Mar 2025.
98 earlier events are in the company report.
News
Frequently asked questions
Genesis Colors 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 was a public limited company based in Mumbai, Maharashtra, India. The company worked in fashion retail, within the fashion and textile industry. It was incorporated on 23 November 1998 and is registered under CIN U51311MH1998PLC335921. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Genesis Colors was incorporated on 23 November 1998. It is registered with the Registrar of Companies, Mumbai.
Genesis Colors had 6 directors and KMP:
- Sumeet Yadav - Additional Director
- Venkataraman Ramachandran - Director
- Prateek Mathur - Additional Director
- Samirbhai Rameshbhai Sheth - Director
- Ravichandran Nageswaran - Additional Director
- Sourabh Gupta - Cfo
The CIN (Corporate Identification Number) of Genesis Colors is U51311MH1998PLC335921. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Genesis Colors is at 4th Floor Court House Lokmanya Tilak Marg Dhobi Talao, Mumbai, Maharashtra, India – 400002.
Genesis Colors can be reached through the website genesiscolors.com. Its registered office is in Mumbai, Maharashtra, India.
The latest financial statements of Genesis Colors on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 27 September 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Genesis Colors is 27AABCG4825H1ZO, registered in Maharashtra. The company has 17 GST registrations in all, of which 16 are active and 1 is cancelled or inactive. Other active GSTINs include 06AABCG4825H1ZS (Haryana), 07AABCG4825H1ZQ (Delhi), 08AABCG4825H1ZO (Rajasthan).
Genesis Colors operated in the fashion and textile industry, in the fashion retail segment.