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GeeCee Ventures Limited (Formerly Gwalior Chemical Industries Limited) is promoted by highly experienced entrepreneurs in the field of Manufacturing, Construction, Financial Services & Trading.
The Company was incorporated in 1984 as a private limited company and is currently listed on National Stock Exchange of India Limited and BSE Limited. In August 2009, as a part of diversification strategy adopted by the Company, it sold its main manufacturing unit at Nagda, Madhya Pradesh to Lanxess (India) Pvt Limited, a subsidiary of German multinational Lanxess AG. Post the transfer of the Chemical Business, the name of the Company name has been changed to GeeCee Ventures Limited.
Business area of the company
The company is now engaged in the development of residential housing cum commercial projects. The group was primarily into the business of manufacturing and marketing of specialty chemicals, catering to both the domestic and exports customers in the agrochemical, paints and coatings, dyes and flavour & fragrance industries.
Real Estate: The company is one of the few Real Estate Companies in India which is Debt Free. The Company after analysing various investment opportunities, decided in early 2012 to enter into Real Estate Sector to maximise its return with available Liquidity.
Wind Energy: The company gained hands on experience of Power Sector while in manufacturing when it invested in a Biomass & Wind Power Based Captive power plant. With this experience in hand, Company decided to diversify into Power Sector in General and Renewable Energy Sector in Specific. The Company with huge liquidity available, decided to invest part of its funds in Wind Power Projects in State of Rajasthan.
Finance: The Company is also into deploying its liquid pool of assets in various short to medium term investment avenues to generate risk free return.