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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.
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
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
Genesis Gas Solutions Private Limited's registered office is in New Delhi, Delhi. Its website is genesisgas.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Registered AddressF – 4 First Floor 34/1 Vikas Apartment, East Punjabi Bagh, New Delhi, Delhi, India – 110026
- IndustryEnergy and Power, Oil & Gas Exploration & Production
To see the full contact details of Genesis Gas Solutions Private Limited, buy the company report.
Comprehensive company report
Genesis Gas Solutions Private Limited - one report that includes everything
- 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
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Brands
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
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 | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| D | Electricity, gas, steam and air condition supply | D2 | Manufacture of gas, distribution of gaseous fuels |
To see the full business activity and turnover split of Genesis Gas Solutions Private Limited, buy the company report.
Financials of Genesis Gas Solutions Private Limited
FY 2024 filings availableGenesis 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)
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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹5.01 Cr | ||||
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| Net Profit (PAT) | -₹5.18 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Profitability | |||||
| EBITDA Margin | -23.6% | ||||
| Net Profit Margin | -24.4% | ||||
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To see the full financial statements and ratios of Genesis Gas Solutions Private Limited, buy the company report.
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 |
Auditor
Genesis Gas Solutions Private Limited is audited by G MANSI AND ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G MANSI AND ASSOCIATES | FY 2023 | 545095 |
Shareholding
The shareholding of Genesis Gas Solutions Private 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 Gas Solutions Private Limited, buy the company report.
Charges & borrowings
Open charges
₹4 Cr
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 06 Aug 2022 | 100611065 | Others | ₹4 Cr | Open |
Total charge records: 1 View all charges
Deals & funding
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 |
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
No court or tribunal cases involving Genesis Gas Solutions Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Genesis Gas Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Genesis Gas Solutions Private Limited has a workforce of 18 employees on its EPFO records as of Apr 08, 2024, across 1 active EPFO establishment.
Employee count
18
Active EPFO establishments
1
Employee growth
-10%
GST
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 |
To see the full GST registrations and return filing status of Genesis Gas Solutions Private Limited, buy the company report.
Recent activity
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 in the company report.
News
Frequently asked questions
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 has 2 current directors:
- Sundeep Kumar Dhawan - Director
- Chandan Kumar - Director
The latest financial statements of Genesis Gas Solutions on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 30 September 2024. Year-wise statements from FY 2018 are in the company report.
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.
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.
Yes, Genesis Gas Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Genesis Gas Solutions is registered as a small enterprise under Udyam registration (number: UDYAM-DL-10-0012460).