Geosphere Industries Private Limited
About Geosphere Industries Private Limited
Data last updated:
Geosphere Industries Private Limited is a private limited company based in Raipur, Chhattisgarh, India. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency professional. It operates in the mining and mineral extraction segment of the metals and mining sector. It was incorporated on 11 November 2008.
The company is registered with the Registrar of Companies (ROC), Chhattisgarh, under CIN U14200CT2008PTC020926. Its GSTIN is 22AADCG3079K2ZK (Chattisgarh). The company holds 4 GST registrations, of which 3 are active.
The company has an authorised share capital of ₹5 Lakh and a paid-up capital of ₹5 Lakh. It was formerly known as Godawari Natural Resources Private Limited and Godawari Natural Resources Limited. It is led by directors including Ram Prasad Bhakat and Ashutosh Khemani (Irp/Rp/Liquidator).
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 Hdd 1/225 Phase 3 Kabir Nagar, Raipur, Chhattisgarh, India – 492099.
As per the financials filed for FY 2023, the company reported a revenue of ₹163.17 Cr, a growth of 109% compared to the previous year. For the same year it recorded a net profit of ₹16.28 Cr (net margin 10%) and EBITDA of ₹23.22 Cr (EBITDA margin 14.2%). Revenue has grown at a compounded annual rate (CAGR) of 28% over three years and 51% over five years.
The company has about 651 employees on its provident fund (EPFO) records.
As per MCA filings, the company has open charges of ₹67.57 Cr and satisfied charges of ₹13.54 Cr on record. Court records list 11 cases involving the company, including 11 filed against it; 1 case is pending.
Company details
Name history
Geosphere Industries has undergone 2 name changes throughout its history. The company was previously known as Godawari Natural Resources Private Limited, and Godawari Natural Resources Limited. The current legal name is Geosphere Industries Private Limited.
| Company Name | Status |
|---|---|
| Geosphere Industries Private Limited | Current |
| Godawari Natural Resources Private Limited | Previous |
| Godawari Natural Resources Limited | Previous |
CIN history
Geosphere Industries has one previous CIN (Corporate Identification Number): U14200CT2008PLC020926. The current CIN is U14200CT2008PTC020926, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U14200CT2008PTC020926 | Current |
| U14200CT2008PLC020926 | Previous |
Contact details
Geosphere Industries Private Limited's registered office is in Raipur, Chhattisgarh. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressHdd 1/225 Phase 3 Kabir Nagar, Raipur, Chhattisgarh, India – 492099
- IndustryMetals and Minerals, Mining & Mineral Extraction, Materials Retail & Distribution
To see the full contact details of Geosphere Industries Private Limited, buy the company report.
- 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
Business activity
The main business activity of Geosphere Industries is support service to organizations. In detail, this covers other support services to organizations.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| N | Support service to Organizations | N7 | Other support services to organizations |
To see the full business activity and turnover split of Geosphere Industries Private Limited, buy the company report.
Financials of Geosphere Industries Private Limited
FY 2024 filings availableGeosphere Industries Private Limited reported revenue of ₹163.17 Cr (up 109% YoY) for FY 2023.
Compounded Annual Growth Rate (CAGR)
Revenue has grown at a compounded annual rate (CAGR) of 51% over five years, including 109% growth in the latest year. EBITDA rose 55% 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | |||||
| Other Income | |||||
| Total Revenue | ₹163.17 Cr | ||||
| Cost of Materials Consumed | |||||
| Employee Benefit Expense | |||||
| Finance Costs | |||||
| Depreciation and Amortisation | |||||
| Other Expenses | |||||
| Total Expenses | |||||
| EBITDA | ₹23.22 Cr | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | ₹16.28 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 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 | FY 2018-19 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 14.2% | ||||
| Net Profit Margin | 10% | ||||
| 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 Geosphere Industries Private Limited, buy the company report.
Board of directors of Geosphere Industries Private Limited
Geosphere Industries has 3 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ram Prasad Bhakat | Director | 01 Nov 2017 | 9 Years 0 Months | As last reported |
| Ashutosh Khemani | Irp/Rp/Liquidator | 21 Nov 2025 | 0 Years 11 Months | As last reported |
| Rahul Bhakat Also directs: Aviraj Trading and Service Private Limited | Director | 31 Jan 2018 | 8 Years 9 Months | As last reported |
Auditor
Geosphere Industries Private Limited is audited by AGRAWAL CHHALLANI & CO for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| AGRAWAL CHHALLANI & CO | FY 2023 | 100125W |
Shareholding
The shareholding of Geosphere Industries 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 Geosphere Industries Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 30 Apr 2023 | 100716130 | Tata Capital Financial Services Limited | ₹1.49 Cr | Open | |
| 27 Mar 2023 | 100709960 | Tata Capital Financial Services Limited | ₹1.57 Cr | Open | |
| 03 Mar 2023 | 100691887 | Others | ₹4.36 Cr | Open | |
| 28 Jan 2023 | 100691969 | Others | ₹1.68 Cr | Open | |
| 08 Jan 2023 | 100672545 | Others | ₹2.38 Cr | Open |
To see the full charge records of Geosphere Industries Private Limited, buy the company report.
Total charge records: 27 View all charges
Legal cases
Geosphere Industries Private Limited has 11 court cases on record: 11 filed against it. 1 case is pending and 10 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 6 | 6 | 0 |
| District courts | 4 | 4 | 0 |
| Supreme Court | 1 | 1 | 1 |
Cases on record (5 of 11)
| Court | Type of case | Party | Status |
|---|---|---|---|
| Supreme Court | Appeal | Filed against the company by M/S. Sree Ugcl Projects Limited | Pending |
| Bombay High Court | Arbitration matter | Filed against the company by Tata Capital Limited | Disposed |
| District court, Ahmedabad, Gujarat | Criminal complaint | Filed against the company by Mahindra and Mahindra Financial Services Ltd | Disposed |
| High Court | Court case (CARBP) | Filed against the company by Tata Motors Limited | Disposed |
| High Court of Orissa | Writ petition | Filed against the company | Disposed |
To see the full case history of Geosphere Industries Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Geosphere Industries Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Geosphere Industries Private Limited has a workforce of 651 employees on its EPFO records as of Apr 09, 2024, across 1 active EPFO establishment.
GST
Geosphere Industries has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 22AADCG3079K2ZK | Chattisgarh | Active | 17 Jan 2018 |
| 22AADCG3079K3ZJ | Chattisgarh | Active | 15 Feb 2022 |
| 27AADCG3079K1ZB | Maharashtra | Active | 15 May 2025 |
To see the full GST registrations and return filing status of Geosphere Industries Private Limited, buy the company report.
Recent activity
Geosphere Industries Private Limited has 12 board changes on record since 2012: 3 appointments and 9 cessations. The latest: Ashutosh Khemani was appointed as Irp/Rp/Liquidator on 21 Nov 2025.
34 earlier events are in the company report.
Frequently asked questions
Geosphere Industries is undergoing "Corporate Insolvency Resolution Process" (CIRP) under the Insolvency and Bankruptcy Code, 2016. Management control has been transferred to an insolvency resolution professional. The company may not be able to independently enter into new commitments during this period. This is a high-risk status - verify the resolution status before any engagement.
Geosphere Industries is a company under insolvency, formerly operating as a private limited company based in Raipur, Chhattisgarh, India. The company works in mining and mineral extraction, within the metals and minerals industry. It was incorporated on 11 November 2008 and is registered under CIN U14200CT2008PTC020926. Caution is advised - the company may not have the legal capacity to fulfil new agreements.
Geosphere Industries has 3 current directors:
- Ram Prasad Bhakat - Director
- Rahul Bhakat - Director
- Ashutosh Khemani - Irp/Rp/Liquidator
The latest financial statements of Geosphere Industries 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 2015 are in the company report.
The CIN (Corporate Identification Number) of Geosphere Industries is U14200CT2008PTC020926. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Geosphere Industries has open charges of ₹67.57 Cr and satisfied charges of ₹13.54 Cr as per latest MCA filings.
Geosphere Industries has 11 court cases on record: 11 filed against it. 1 is pending. Most are in the high courts.
Geosphere Industries was incorporated on 11 November 2008. It is registered with the Registrar of Companies, Chhattisgarh.
Ashutosh Khemani was appointed as Irp/Rp/Liquidator on 21 Nov 2025. Anuradha Goyal ceased to be Director on 06 Aug 2021. Rahul Bhakat ceased to be Additional Director on 29 Sep 2018. Geosphere Industries has 12 board changes on record in total.
The registered office of Geosphere Industries is at Hdd 1225 Phase 3 Kabir Nagar, Raipur, Chhattisgarh, India – 492099.
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