Genric Solutions Private Limited
About Genric Solutions Private Limited
Data last updated:
Genric Solutions Private Limited is a private limited company based in Patiala, Punjab, India. It operates in the application development and software solutions segment of the technology and IT services sector. It was incorporated on 21 April 2003 and has been in existence for over 23 years.
The company is registered with the Registrar of Companies (ROC), Chandigarh, under CIN U24110PB2003PTC025937. Its GSTIN is 03AAHCS1833M1ZB (Punjab).
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Shaku Infotech Services and Solutions Private Limited. It is led by directors Mohit Bansal and Nidhi Bansal.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at # 2 Ranjit Bagh Opp. State College, Patiala, Punjab, India – 147001.
As per the financials filed for FY 2024, the company reported a revenue of ₹89.27 Lakh, a decline of 34% compared to the previous year. For the same year it recorded a net loss of ₹7.19 Lakh (net margin -8.1%) and EBITDA of ₹55.74 Lakh (EBITDA margin 62.4%). Revenue has grown at a compounded annual rate (CAGR) of 19% over three years and 10% over five years.
As per MCA filings, the company has open charges of ₹9.36 Cr and satisfied charges of ₹5.71 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
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- Registered Address# 2 Ranjit Bagh Opp. State College, Patiala, Punjab, India – 147001
- IndustryInformation Technology, Application Development & Software Solutions
- 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
- One PDF report, delivered after checkout
Business Activity of Genric Solutions Private Limited
The main business activity of Genric Solutions is information and communication. In detail, this covers publishing of computer operating systems, system software, application software, games, etc..
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J2 | Publishing of computer operating systems, system software, application software, games, etc. | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Genric Solutions Private Limited FY 2025 filings available
Genric Solutions Private Limited reported revenue of ₹89.27 Lakh (down 34% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR) of Genric Solutions Private Limited
Revenue fell 34% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA rose 2% 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 Genric 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 | ₹55.74 Lakh | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | -₹7.19 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 | •••• | •••• | •••• | •••• | •••• |
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| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of Genric Solutions Private Limited
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 62.4% | •••• | •••• | •••• | •••• |
| Net Profit Margin | -8.1% | •••• | •••• | •••• | •••• |
| 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 Genric Solutions are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Genric Solutions Private Limited
Genric Solutions Private Limited is compared with the companies closest to it by revenue in the Information Technology industry (Application Development). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Qwicksoft Solutions Private Limited | ₹89.8 Lakh (FY 2025) | •••• | •••• | -48.0% | •••• | Chennai, Tamil Nadu, India |
| Starmoon Consulting Services Private Limited | ₹89.6 Lakh (FY 2024) | •••• | •••• | -18.0% | •••• | Hisar, Haryana, India |
| Concepts Nrec India Private Limited | ₹89.49 Lakh (FY 2025) | •••• | •••• | 0.0% | •••• | New Delhi, Delhi, India |
| Wiznet India Private Limited | ₹89.36 Lakh (FY 2023) | •••• | •••• | 1035.0% | •••• | Bangalore, Karnataka, India |
| Soti Kochi India Private Limited | ₹89.27 Lakh (FY 2025) | •••• | •••• | •••• | Ernakulam, Kerala, India | |
| Genric Solutions Private Limited this company | ₹89.27 Lakh (FY 2024) | •••• | •••• | -34.0% | •••• | Patiala, Punjab, India |
| Calibyte Private Limited | ₹89.2 Lakh (FY 2025) | •••• | •••• | 592.0% | •••• | Kurukshetra, Haryana, India |
| Deciphar Life Sciences Private Limited | ₹88.94 Lakh (FY 2025) | •••• | •••• | •••• | Bangalore, Karnataka, India | |
| Cunomial Technologies Private Limited | ₹88.94 Lakh (FY 2024) | •••• | •••• | 64.0% | •••• | Raipur, Chhattisgarh, India |
| Rankright Infotech Private Limited | ₹88.74 Lakh (FY 2025) | •••• | •••• | 11.0% | •••• | Gandhinagar, Gujarat, India |
| Prem Dhillon Productions Private Limited | ₹88.58 Lakh (FY 2024) | •••• | •••• | 224.0% | •••• | Amritsar, Punjab, India |
Peers are the five companies nearest above and the five nearest below Genric Solutions by revenue in the Information Technology industry (Application Development), 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 Genric Solutions Private Limited
Genric Solutions Private Limited is audited by GARG SINGLA AND ASSOCIATES for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| GARG SINGLA AND ASSOCIATES | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of Genric Solutions Private Limited
Genric Solutions has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Mohit Bansal Also directs: MNB Nutrition Waters Private Limited | Director | 21 Apr 2003 | 23 Years 5 Months | Current |
| Nidhi Bansal Also directs: MNB Nutrition Waters Private Limited | Director | 01 Feb 2007 | 19 Years 8 Months | Current |
Ownership and Shareholding of Genric Solutions Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Genric Solutions Private Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 16 Nov 2024 | Others | ₹2.02 Cr | Open |
| 24 May 2023 | Others | ₹2.53 Cr | Open |
| 28 Oct 2021 | Hdfc Bank Limited | ₹22.92 Lakh | Open |
| 22 Sep 2021 | Others | ₹4.4 Cr | Open |
| 18 May 2020 | Others | ₹18 Lakh | Open |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Genric Solutions Private Limited
Employment history and EPFO contributions of people linked to Genric Solutions.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
CIN History of Genric Solutions Private Limited
Genric Solutions has one previous CIN (Corporate Identification Number): U72200PB2003PTC025937. The current CIN is U24110PB2003PTC025937, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U24110PB2003PTC025937 | Current |
| U72200PB2003PTC025937 | Previous |
Recent Activity on Genric Solutions Private Limited
Genric Solutions Private Limited has 5 board changes on record since 2003: 2 appointments and 3 cessations. The latest: Ravinder Mohan ceased to be Director on 08 Jan 2019.
12 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Genric Solutions Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Genric Solutions Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Genric Solutions Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Genric Solutions Private Limited
Genric Solutions has 1 GST registration: 1 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 03AAHCS1833M1ZB | Punjab | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Genric Solutions Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Genric Solutions Private Limited
Genric Solutions is an active private limited company based in Patiala, Punjab, India. The company works in application development and software solutions, within the information technology industry. It was incorporated on 21 April 2003 (23+ years old) and is registered under CIN U24110PB2003PTC025937.
Genric Solutions reported revenue of ₹89.27 Lakh for FY 2024 (down 34% YoY).
Genric Solutions has 2 current directors:
- Mohit Bansal - Director
- Nidhi Bansal - Director
Genric Solutions reported a net loss of ₹7.19 Lakh (net margin -8.1%) and EBITDA of ₹55.74 Lakh (EBITDA margin 62.4%) for FY 2024, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of Genric Solutions is 19% over three years and 10% over five years. In the latest year (FY 2024) revenue fell 34%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of Genric Solutions is 03AAHCS1833M1ZB, registered in Punjab.
The CIN (Corporate Identification Number) of Genric Solutions is U24110PB2003PTC025937. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Genric Solutions was incorporated on 21 April 2003, making it 23+ years old. It is registered with the Registrar of Companies, Chandigarh.
The peers of Genric Solutions by revenue are Qwicksoft Solutions Private Limited, Starmoon Consulting Services Private Limited, Concepts Nrec India Private Limited, Wiznet India Private Limited, Soti Kochi India Private Limited and 5 more, all in the Information Technology industry (Application Development).
Ravinder Mohan ceased to be Director on 08 Jan 2019. Shakuntla Bansal ceased to be Director on 08 Jan 2019. Yashpal Jain ceased to be Director on 28 Aug 2014. Genric Solutions has 5 board changes on record in total.
The registered office of Genric Solutions is at # 2 Ranjit Bagh Opp. State College, Patiala, Punjab, India – 147001.