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Genesis Gas Solutions Private Limited - energy and power in New Delhi, Delhi, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹21.28 Cr
▲ 88% YoY
Net loss · FY 2024
₹5.18 Cr
Net margin -24.4%
EBITDA · FY 2024
-₹5.01 Cr
EBITDA margin -23.6%
Authorised capital
₹10 Cr
Registered with MCA
Paid-up capital
₹21.56 Lakh
Issued & subscribed
Open charges
₹4 Cr
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
18
Provident fund records
About Genesis Gas Solutions Private Limited
Data last updated:
Genesis Gas Solutions Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Vikas Lifecare Limited and recognised as a startup by DPIIT. It operates in the oil and gas exploration and production segment of the energy and power sector. It was incorporated on 05 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U93090DL2017PTC315609. Its GSTIN is 07AAGCG7792L1ZW (Delhi).
The company has an authorised share capital of ₹10 Cr and a paid-up capital of ₹21.56 Lakh. It is led by directors Sundeep Kumar Dhawan and Chandan Kumar.
Its last annual general meeting (AGM) was held on 30 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at F – 4 First Floor 34/1 Vikas Apartment, Punjab.
As per the financials filed for FY 2024, the company reported a revenue of ₹21.28 Cr, a growth of 88% compared to the previous year. For the same year it recorded a net loss of ₹5.18 Cr (net margin -24.4%) and EBITDA of -₹5.01 Cr (EBITDA margin -23.6%). Revenue has grown at a compounded annual rate (CAGR) of 119% over three years and 52% over five years.
The company has about 18 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Genesis Gas and GenesisGas. As per MCA filings, the company has open charges of ₹4 Cr on record. The company has 4 deals on record (2 secondary share transfers, 1 funding round, 1 debt financing), with disclosed funding of ₹36.28 Cr; the latest was in April 2025. Its 10 peer companies in the Oil and Gas industry (Exploration and Production) are compared by revenue, 5 larger and 5 smaller; the largest is Hindustan Silichem Private Limited with revenue of ₹23.67 Cr.
Genesis Gas Solutions Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-DL-10-0012460). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website genesisgas.com.
Company Details of Genesis Gas Solutions Private Limited
CIN U93090DL2017PTC315609
Registration Number 315609
Incorporation Date 05 April 2017
ROC Delhi
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Parent Company Vikas Lifecare Limited
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-DL-10-0012460
Recognitions & Rankings of Genesis Gas Solutions
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-DL-10-0012460
Contact Details
- EmailLocked
- TelephoneLocked
- Website
- Social MediaLocked
- Registered AddressF – 4 First Floor 34/1 Vikas Apartment, East Punjabi Bagh, New Delhi, Delhi, India – 110026
- IndustryEnergy and Power, Oil & Gas Exploration & Production
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Associated Brands with Genesis Gas Solutions Private Limited
Genesis Gas Solutions operates two associated brands: Genesis Gas and GenesisGas. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufacturer of multiple fittings for oil and gas industry | genesisgas.com | |
| Gas metering, leak detection, and energy solutions in India. | genesis-in.com |
Business Activity of Genesis Gas Solutions Private Limited
The main business activity of Genesis Gas Solutions is electricity, gas, steam and air condition supply. In detail, this covers manufacture of gas, distribution of gaseous fuels.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels | Locked |
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Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
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Financials of Genesis Gas Solutions Private Limited FY 2024 filings available
Genesis Gas Solutions Private Limited reported revenue of ₹21.28 Cr (up 88% YoY) for FY 2024.
Revenue · FY 2024
₹21.28 Cr ▲ 88%
Net loss · FY 2024
₹5.18 Cr margin -24.4%
EBITDA · FY 2024
-₹5.01 Cr margin -23.6%
Compounded Annual Growth Rate (CAGR) of Genesis Gas Solutions Private Limited
Revenue CAGR growth
1 year
▲ 88%
3 years · compounded
▲ 119%
5 years · compounded
▲ 52%
EBITDA CAGR growth
1 year
▼ 599%
3 years · compounded
▼ 132%
5 years · compounded
▼ 70%
Revenue has grown at a compounded annual rate (CAGR) of 52% over five years, including 88% growth in the latest year. EBITDA fell 599% 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 Genesis Gas Solutions 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 | -₹5.01 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹5.18 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 Genesis Gas Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -23.6% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -24.4% | •••• | •••• | •••• | •••• |
| 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 Genesis Gas Solutions are in the company report.
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Financial statements from FY 2018
Earlier years and trend charts are in the company report.
- Income statements
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Verified entity values are shown only after access is granted.
Board of Directors of Genesis Gas Solutions Private Limited
Genesis Gas Solutions has 2 current directors and 8 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Sundeep Kumar Dhawan Also directs: Vikas Lifecare Limited, Vikas Sports Ventures Private Limited | Director | 11 Mar 2022 | 4 Years 7 Months | Current |
| Chandan Kumar Also directs: Utkrisht Bharat Vikas Management LLP, Vikas Lifecare Limited, Igl Genesis Technologies Limited and 4 more | Director | 11 Mar 2022 | 4 Years 7 Months | Current |
Peer Comparison of Genesis Gas Solutions Private Limited
Genesis Gas Solutions Private Limited is compared with the companies closest to it by revenue in the Oil and Gas industry (Exploration and Production). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Hindustan Silichem Private Limited | ₹23.67 Cr (FY 2025) | •••• | •••• | -39.0% | •••• | Ahmedabad, Gujarat, India |
| Deep Water Services (India) Limited | ₹23.54 Cr (FY 2016) | •••• | •••• | -84.0% | •••• | Mumbai, Maharashtra, India |
| Gujarat Natural Resources Limited Listed | ₹22.83 Cr (FY 2025) | •••• | •••• | -18.0% | •••• | Ahmedabad, Gujarat, India |
| Grindly Gases and Petrochemicals P.Ltd. | ₹22.77 Cr (FY 2024) | •••• | •••• | 28.0% | •••• | Mumbai, Maharashtra, India |
| Krishna Madhav Oil and Gas Private Limited | ₹21.68 Cr (FY 2025) | •••• | •••• | 2876.0% | •••• | Sion, Mumbai, Maharashtra, India |
| Genesis Gas Solutions Private Limited this company | ₹21.28 Cr (FY 2024) | •••• | •••• | 88.0% | •••• | New Delhi, Delhi, India |
| Prestige Fabricators Pvt Ltd | ₹21.01 Cr (FY 2025) | •••• | •••• | -9.0% | •••• | Indore, Madhya Pradesh, India |
| Josler Energy Private Limited | ₹19.57 Cr (FY 2025) | •••• | •••• | 23.0% | •••• | Ahmedabad, Gujarat, India |
| Sapura Engineering & Construction (India) Private Limited | ₹18.84 Cr (FY 2023) | •••• | •••• | -81.0% | •••• | Mumbai, Maharashtra, India |
| LNG Bharat Private Limited | ₹18.8 Cr (FY 2024) | •••• | •••• | 261.0% | •••• | Hyderabad, Telangana, India |
| Solar Oil Private Limited | ₹17.73 Cr (FY 2016) | •••• | •••• | 18.0% | •••• | Delhi, India |
Peers are the five companies nearest above and the five nearest below Genesis Gas Solutions by revenue in the Oil and Gas industry (Exploration and Production), 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 Genesis Gas Solutions Private Limited
Genesis Gas Solutions Private Limited is audited by G MANSI AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| G MANSI AND ASSOCIATES | Locked | Locked | Locked |
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Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
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Ownership and Shareholding of Genesis Gas Solutions Private Limited
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Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
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Charges & Borrowings of Genesis Gas Solutions Private Limited
Open charges
₹4 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 06 Aug 2022 | Others | ₹4 Cr | Open |
Total charge records: 1 View all charges
Deals & Funding of Genesis Gas Solutions Private Limited
Genesis Gas Solutions Private Limited has 4 deals on record (2 secondary share transfers, 1 funding round, 1 debt financing), with disclosed funding of ₹36.28 Cr; the latest was in April 2025.
Total deals
4
Secondary share transfers
2
Funding round
1
Debt financing
1
Disclosed funding
₹36.28 Cr
Deals on record (4 of 4)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Apr 2025 | Debt financing | ₹27.5 Cr | Investors: Nakshatra Special Situation Fund Scheme I |
| Apr 2022 | Funding round | ₹8.78 Cr | Investors: Vikas Lifecare Limited |
| Jan 2022 | Secondary share transfer | Undisclosed | Buyer: Vikas Lifecare Limited Seller: A P Securitas Private Limited , Puri Family Trust, 2 individuals |
| Jan 2020 | Secondary share transfer | Undisclosed | Buyer: Puri Family Trust, an individual Seller: A P Securitas Private Limited |
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Full deal history
All 4 deals with amounts, valuations, instruments and every party are in the company report.
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- Amounts and valuations
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Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Employees and EPFO Compliance at Genesis Gas Solutions Private Limited
Genesis Gas Solutions Private Limited has a workforce of 18 employees as of Apr 08, 2024.
Employee count
18
Active EPFO establishments
1
Employee growth
-10%
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Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
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Recent Activity on Genesis Gas Solutions Private Limited
Genesis Gas Solutions Private Limited has 10 board changes on record since 2018: 3 appointments and 7 cessations. The latest: Vikas Garg was appointed as Director on 24 Feb 2023.
AGM
Genesis Gas Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Genesis Gas Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Delhi Ii.
Appointed
Vikas Garg was appointed as Director.
Ceased
Chandan Kumar ceased to be Additional Director.
Ceased
Sundeep Kumar Dhawan ceased to be Additional Director.
Charges
A charge with Others amounted to Rs. 4.00 Cr with Charge ID 100611065 was registered on 06 Aug 2022.
Ceased
Dinesh Bhardwaj ceased to be Additional Director.
Ceased
Anil Puri ceased to be Director.
Ceased
Anshumali Bhushan ceased to be Director.
Ceased
Indrajeet ceased to be Director.
Appointed
Chandan Kumar was appointed as Director.
Appointed
Sundeep Kumar Dhawan was appointed as Director.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Genesis Gas Solutions Private Limited
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Credit ratings, litigation, and regulatory alerts
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MSME Payment Delays by Genesis Gas Solutions Private Limited
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MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
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Subsidiaries & Group Companies of Genesis Gas Solutions Private Limited
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Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
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GST Compliance of Genesis Gas Solutions Private Limited
Genesis Gas Solutions has 1 GST registration: 1 active.
Total GSTINs
1
Active
1
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAGCG7792L1ZW | Delhi | Active | 01 Jul 2017 |
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GST registrations and filing compliance
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MCA Filings & Documents of Genesis Gas Solutions Private Limited
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MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
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Related news about Genesis Gas Solutions Private Limited
Frequently Asked Questions about Genesis Gas Solutions Private Limited
Genesis Gas Solutions is an active private limited company based in New Delhi, Delhi, India. The company works in oil and gas exploration and production, within the energy and power industry. It was incorporated on 05 April 2017 (9+ years old) and is registered under CIN U93090DL2017PTC315609.
Genesis Gas Solutions reported revenue of ₹21.28 Cr for FY 2024 (up 88% YoY).
Genesis Gas Solutions has 2 current directors:
- Sundeep Kumar Dhawan - Director
- Chandan Kumar - Director
Genesis Gas Solutions reported a net loss of ₹5.18 Cr (net margin -24.4%) and EBITDA of -₹5.01 Cr (EBITDA margin -23.6%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Genesis Gas Solutions is 119% over three years and 52% over five years. In the latest year (FY 2024) revenue rose 88%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Genesis Gas Solutions is 07AAGCG7792L1ZW, registered in Delhi.
The CIN (Corporate Identification Number) of Genesis Gas Solutions is U93090DL2017PTC315609. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Genesis Gas Solutions was incorporated on 05 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Delhi.
Genesis Gas Solutions has 4 deals on record (2 secondary share transfers, 1 funding round, 1 debt financing), with disclosed funding of ₹36.28 Cr; the latest was in April 2025.
The peers of Genesis Gas Solutions by revenue are Hindustan Silichem Private Limited, Deep Water Services (India) Limited, Gujarat Natural Resources Limited, Grindly Gases and Petrochemicals P.Ltd, Krishna Madhav Oil and Gas Private Limited and 5 more, all in the Oil and Gas industry (Exploration and Production).
Vikas Garg was appointed as Director on 24 Feb 2023. Chandan Kumar ceased to be Additional Director on 30 Sep 2022. Sundeep Kumar Dhawan ceased to be Additional Director on 30 Sep 2022. Genesis Gas Solutions has 10 board changes on record in total.