DPIIT recognised startup Government of India
Startup India
Georgian Enterprises Private Limited - e-commerce in Bangalore, Karnataka, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹17.04 Cr
▼ 11% YoY
Net loss · FY 2024
₹1.18 Cr
Net margin -6.9%
EBITDA · FY 2024
-₹94.73 Lakh
EBITDA margin -5.6%
Authorised capital
₹10 Lakh
Registered with MCA
Paid-up capital
₹1 Lakh
Issued & subscribed
Open charges
₹97 Lakh
Secured borrowings
Company age
9 yrs
Est. 2017
Employees · EPFO
20
Provident fund records
About Georgian Enterprises Private Limited
Data last updated:
Georgian Enterprises Private Limited is a private limited company based in Bangalore, Karnataka, India, recognised as a startup by DPIIT. It operates in the online electronics retail segment of the e-commerce sector. It was incorporated on 07 April 2017 and has been in existence for over 9 years.
The company is registered with the Registrar of Companies (ROC), Bangalore, under CIN U74999KA2017PTC102083. Its GSTIN is 29AAGCG7857C1ZB (Karnataka). The company holds 5 GST registrations, all of them active.
The company has an authorised share capital of ₹10 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Ajesh Kaarikkoottathil George (Managing Director) and George Karikoottathil Joseph.
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 1160 23rd Main 2nd Sector Hsr Layout, Bangalore, Karnataka, India – 560102.
As per the financials filed for FY 2024, the company reported a revenue of ₹17.04 Cr, a decline of 11% compared to the previous year. For the same year it recorded a net loss of ₹1.18 Cr (net margin -6.9%) and EBITDA of -₹94.73 Lakh (EBITDA margin -5.6%). Revenue has declined at a compounded annual rate (CAGR) of 1% over three years and 10% over five years.
The company has about 20 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹97 Lakh on record.
Georgian Enterprises Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-KR-03-0139102). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website tekkitake.com.
Company details
CIN U74999KA2017PTC102083
Registration Number 102083
Incorporation Date 07 April 2017
ROC Bangalore
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2024
Date of Balance Sheet 31 March 2024
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Small
Udyam Registration UDYAM-KR-03-0139102
Recognitions & Rankings of Georgian Enterprises
MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-KR-03-0139102
Contact details
Georgian Enterprises Private Limited's registered office is in Bangalore, Karnataka. Its website is tekkitake.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address1160 23rd Main 2nd Sector Hsr Layout, Bangalore, Karnataka, India – 560102
- IndustryE-Commerce, Online Electronics Retail
To see the full contact details of Georgian Enterprises Private Limited, buy the company report.
Comprehensive company report
Georgian Enterprises 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
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included
Business activity
The main business activity of Georgian Enterprises is trade. In detail, this covers retail trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G2 | Retail Trading |
To see the full business activity and turnover split of Georgian Enterprises Private Limited, buy the company report.
Financials of Georgian Enterprises Private Limited
FY 2024 filings availableGeorgian Enterprises Private Limited reported revenue of ₹17.04 Cr (down 11% YoY) for FY 2024.
Revenue · FY 2024
₹17.04 Cr ▼ 11%
Net loss · FY 2024
₹1.18 Cr margin -6.9%
EBITDA · FY 2024
-₹94.73 Lakh margin -5.6%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 11%
3 years · compounded
▼ 1%
5 years · compounded
▼ 10%
EBITDA CAGR growth
1 year
▲ 19%
3 years · compounded
▼ 36%
5 years · compounded
▼ 17%
Revenue has declined at a compounded annual rate (CAGR) of 10% over five years, including a 11% fall in the latest year. EBITDA rose 19% 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 |
|---|---|---|---|---|---|
| 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 | -₹94.73 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹1.18 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
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -5.6% | ||||
| Net Profit Margin | -6.9% | ||||
| 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 Georgian Enterprises Private Limited, buy the company report.
Board of directors of Georgian Enterprises Private Limited
Georgian Enterprises has 2 current directors and 1 former director. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ajesh Kaarikkoottathil George Also directs: Tekinwi Private Limited, Metawire Private Limited | Managing Director | 07 Apr 2017 | 9 Years 7 Months | Current |
| George Karikoottathil Joseph | Director | 07 Apr 2017 | 9 Years 7 Months | Current |
Peer comparison
Georgian Enterprises Private Limited is compared with the 5 companies closest to it by revenue in the Ecommerce and Internet industry (Electronic Goods), with the same principal business activity (retail trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Quicktech Technology Private Limited | ₹17.8 Cr (FY 2025) | 104.0% | Vadodara, Gujarat, India | |||
| Kida Retail Private Limited | ₹17.78 Cr (FY 2024) | -53.0% | Pune, Maharashtra, India | |||
| Demeter Consumer India Private Limited | ₹17.25 Cr (FY 2024) | -49.0% | Gurgaon, Haryana, India | |||
| Georgian Enterprises Private Limitedthis company | ₹17.04 Cr (FY 2024) | -₹1.18 Cr | -6.9% | -11.0% | 20 | Bangalore, Karnataka, India |
| Dealsdray Online Private Limited | ₹16.38 Cr (FY 2025) | 33.0% | Gurgaon, Haryana, India | |||
| Concept Electronics Private Limited | ₹16.28 Cr (FY 2024) | 30.0% | Jayanagar, Bangalore, Karnataka, India |
To see the full peer comparison of Georgian Enterprises Private Limited, buy the company report.
Auditor
Georgian Enterprises Private Limited is audited by Sujith Sukumaran for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Sujith Sukumaran | FY 2023 | 247906 |
Shareholding
The shareholding of Georgian Enterprises 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 Georgian Enterprises Private Limited, buy the company report.
Charges & borrowings
Open charges
₹97 Lakh
Satisfied charges
None
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 17 Mar 2020 | 100408638 | Hdfc Bank Limited | ₹97 Lakh | Open |
Total charge records: 1 View all charges
Legal cases
No court or tribunal cases involving Georgian Enterprises 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 Georgian Enterprises Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Georgian Enterprises Private Limited has a workforce of 20 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Employee count
20
Active EPFO establishments
1
Employee growth
-4.8%
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 20 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 |
To see the full employee and EPFO history of Georgian Enterprises Private Limited, buy the company report.
GST
Georgian Enterprises has 5 GST registrations: 5 active. The first 4 active GSTINs are listed below.
Total GSTINs
5
Active
5
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAGCG7857C1ZB | Karnataka | Active | 01 Aug 2017 |
| 27AAGCG7857C1ZF | Maharashtra | Active | 21 Dec 2017 |
| 19AAGCG7857C1ZC | West Bengal | Active | 16 Apr 2018 |
| 23AAGCG7857C1ZN | Madhya Pradesh | Active | 27 Apr 2024 |
To see the full GST registrations and return filing status of Georgian Enterprises Private Limited, buy the company report.
Recent activity
Georgian Enterprises Private Limited has 3 board changes on record since 2017: 2 appointments and 1 cessation. The latest: Ajesh Kaarikkoottathil George ceased to be Director on 01 Feb 2018.
AGM
Georgian Enterprises Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
Filing
Georgian Enterprises Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.
Charges
A charge with Hdfc Bank Limited amounted to Rs. 97.00 Lakh with Charge ID 100408638 was registered on 17 Mar 2020.
Ceased
Ajesh Kaarikkoottathil George ceased to be Director.
Appointed
Ajesh Kaarikkoottathil George was appointed as Managing Director.
Appointed
George Karikoottathil Joseph was appointed as Director.
Incorporation
07 Apr 2017
Georgian Enterprises Private Limited was registered on 07 Apr 2017 with Roc Bangalore & aged 9 years 7 months as per MCA records.
Frequently asked questions
Georgian Enterprises is an active private limited company based in Bangalore, Karnataka, India. The company works in online electronics retail, within the e-commerce industry. It was incorporated on 07 April 2017 (9+ years old) and is registered under CIN U74999KA2017PTC102083.
Georgian Enterprises has 2 current directors:
- Ajesh Kaarikkoottathil George - Managing Director
- George Karikoottathil Joseph - Director
The latest financial statements of Georgian Enterprises 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 Georgian Enterprises is 29AAGCG7857C1ZB, registered in Karnataka. The company has 5 GST registrations in all, of which 5 are active. Other active GSTINs include 27AAGCG7857C1ZF (Maharashtra), 19AAGCG7857C1ZC (West Bengal), 23AAGCG7857C1ZN (Madhya Pradesh).
The CIN (Corporate Identification Number) of Georgian Enterprises is U74999KA2017PTC102083. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Georgian Enterprises was incorporated on 07 April 2017, making it 9+ years old. It is registered with the Registrar of Companies, Bangalore.
The peers of Georgian Enterprises by revenue are Quicktech Technology Private Limited, Kida Retail Private Limited, Demeter Consumer India Private Limited, Dealsdray Online Private Limited, Concept Electronics Private Limited, all in the Ecommerce and Internet industry (Electronic Goods), with the same principal business activity (retail trading).
Ajesh Kaarikkoottathil George ceased to be Director on 01 Feb 2018. Ajesh Kaarikkoottathil George was appointed as Managing Director on 07 Apr 2017. George Karikoottathil Joseph was appointed as Director on 07 Apr 2017.
Yes, Georgian Enterprises is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).
Yes, Georgian Enterprises is registered as a small enterprise under Udyam registration (number: UDYAM-KR-03-0139102).
Georgian Enterprises can be reached through the website tekkitake.com. Its registered office is in Bangalore, Karnataka, India.
Sample company reports
The same report you get when you buy one: financials, directors, ownership, deals, charges, legal cases, brands and filings, with the Excel workbook alongside.
Swiggy Limited Listed company · 92 pages
BharatPe (Resilient Innovations Pvt Ltd) Unlisted company · 78 pages