Genetic Smart Solutions Private Limited

Genetic Smart Solutions Private Limited - service in Karwar, Karnataka, India. FY 2026 financials & compliance.
CIN U93090KA2019PTC124812 Incorporated 30 May 2019 ROC Bangalore HQ Karwar, Karnataka, India
Active Private Limited Company service DPIIT Startup
Data last updated
Revenue · FY 2022
₹28.06 Lakh
▲ 456% YoY
Net loss · FY 2022
₹29.87 Lakh
Net margin -106.4%
EBITDA · FY 2022
-₹29.48 Lakh
EBITDA margin -105.1%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Company age
7 yrs
Est. 2019
Directors on board
2
As per MCA filings
Active GSTINs
1
GST registered

About Genetic Smart Solutions Private Limited

Data last updated:

Genetic Smart Solutions Private Limited is a private limited company based in Karwar, Karnataka, India, recognised as a startup by DPIIT. It operates in the service-based operations segment of the services sector. It was incorporated on 30 May 2019 and has been in existence for over 7 years.

The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U93090KA2019PTC124812. Its GSTIN is 29AAHCG8430G1ZF (Karnataka).

The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Mahesh Laxman Harijan and Bhaskar Naik.

Its last annual general meeting (AGM) was held on 30 September 2022, and its latest financial statements are for the year ended 31 March 2022. The registered office is at Netaji Circle Near Ksrtc Bus Stand Green Street Road, Karwar, Karnataka, India – 581301.

As per the financials filed for FY 2022, the company reported a revenue of ₹28.06 Lakh, reflecting significant growth compared to the previous year. For the same year it recorded a net loss of ₹29.87 Lakh (net margin -106.4%) and EBITDA of -₹29.48 Lakh (EBITDA margin -105.1%).

Company details

CIN U93090KA2019PTC124812
Registration Number 124812
Incorporation Date 30 May 2019
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2022
Date of Balance Sheet 31 March 2022
DPIIT Recognition Recognised Startup
Key People
Mahesh Laxman Harijan Director Bhaskar Naik Director

Recognitions & Rankings of Genetic Smart Solutions

DPIIT recognised startup Government of India
Startup India

Contact details

Genetic Smart Solutions Private Limited's registered office is in Karwar, Karnataka. Its e-mail address is in the company report.

  • Email
  • Social Media
  • Registered Address
    Netaji Circle Near Ksrtc Bus Stand Green Street Road, Karwar, Karnataka, India – 581301
  • Industry
    Service, Other Services

To see the full contact details of Genetic Smart Solutions Private Limited, buy the company report.

Comprehensive company report
Genetic Smart 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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Financials of Genetic Smart Solutions Private Limited

FY 2022 filings available

Genetic Smart Solutions Private Limited reported revenue of ₹28.06 Lakh (up 456% YoY) for FY 2022.

Revenue · FY 2022
₹28.06 Lakh ▲ 456%
Net loss · FY 2022
₹29.87 Lakh margin -106.4%
EBITDA · FY 2022
-₹29.48 Lakh margin -105.1%

Compounded Annual Growth Rate (CAGR)

Revenue CAGR growth
1 year
▲ 456%
EBITDA CAGR growth
1 year
▼ 812%

Revenue rose 456% in the latest year. EBITDA fell 812% in the latest year. All are worked out from the filed statements.

Financial Statement Summary

MetricsFY 2021-22FY 2020-21FY 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-₹29.48 Lakh
Profit Before Tax
Tax Expense
Net Profit (PAT)-₹29.87 Lakh
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

MetricsFY 2021-22FY 2020-21FY 2019-20
Profitability
EBITDA Margin-105.1%
Net Profit Margin-106.4%
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

To see the full financial statements and ratios of Genetic Smart Solutions Private Limited, buy the company report.

Board of directors of Genetic Smart Solutions Private Limited

Genetic Smart Solutions has 2 directors on record. No former directors are listed.

Current Directors
NameDesignationAppointment DateTenureStatus
Mahesh Laxman HarijanDirector30 May 20197 Years 5 MonthsCurrent
Bhaskar NaikDirector30 May 20197 Years 5 MonthsCurrent
View all directors

MSME payment delays

No delayed payments to MSME suppliers are on our record for Genetic Smart Solutions Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Employees & EPFO

Genetic Smart Solutions Private Limited has 1 active EPFO establishment as of Apr 06, 2024.

Active EPFO establishments
1

GST

Genetic Smart Solutions has 1 GST registration: 1 active.

Total GSTINs
1
Active
1
GSTINStateStatusRegistered on
29AAHCG8430G1ZFKarnatakaActive09 Jul 2019

To see the full GST registrations and return filing status of Genetic Smart Solutions Private Limited, buy the company report.

Recent activity

Genetic Smart Solutions Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Bhaskar Naik was appointed as Director on 30 May 2019.

AGM
Genetic Smart Solutions Private Limited last Annual general meeting of members was held on 30 Sep 2022 as per latest MCA records.
Filing
Genetic Smart Solutions Private Limited has filed its annual Financial statements for the year ended 31 Mar 2022 with Roc Bangalore.
Appointed
Bhaskar Naik was appointed as Director.
Appointed
Mahesh Laxman Harijan was appointed as Director.
Incorporation
30 May 2019
Genetic Smart Solutions Private Limited was registered on 30 May 2019 with Roc Bangalore & aged 7 years 5 months as per MCA records.

Frequently asked questions

Genetic Smart Solutions is an active private limited company based in Karwar, Karnataka, India. The company works in other services, within the service industry. It was incorporated on 30 May 2019 (7+ years old) and is registered under CIN U93090KA2019PTC124812.

Genetic Smart Solutions has 2 current directors:

The latest financial statements of Genetic Smart Solutions on record with the MCA are for the year ended 31 March 2022. Its last annual general meeting was held on 30 September 2022. Year-wise statements from FY 2020 are in the company report.

The GSTIN of Genetic Smart Solutions is 29AAHCG8430G1ZF, registered in Karnataka.

The CIN (Corporate Identification Number) of Genetic Smart Solutions is U93090KA2019PTC124812. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Genetic Smart Solutions was incorporated on 30 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Bangalore.

Bhaskar Naik was appointed as Director on 30 May 2019. Mahesh Laxman Harijan was appointed as Director on 30 May 2019.

Yes, Genetic Smart Solutions is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).

The registered office of Genetic Smart Solutions is at Netaji Circle Near Ksrtc Bus Stand Green Street Road, Karwar, Karnataka, India – 581301.

Genetic Smart Solutions operates in the service industry, in the other services segment.