Gr Power Switchgear Limited

Founded in 1992 and headquartered in Telangana, India.

1992 | Jeedimetla,Hyderabad, Telangana (India) | Active
Last Updated: July 05, 2024

Gr Power Switchgear Profile

Key Indicators

  • Authorised Capital ₹ 4.00 Cr
  • Paid Up Capital ₹ 2.88 Cr
  • Company Age 32 Year, 9 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 64.22 Cr
  • Satisfied Charges ₹ 20.33 Cr
  • Revenue Growth -6.83%
  • Profit Growth -14.98%
  • Ebitda -7.17%
  • Net Worth 8.56%
  • Total Assets 8.60%

About Gr Power Switchgear

Gr Power Switchgear Limited (GPSL) is a leading Public Limited Indian Non-Government Company incorporated in India on 09 April 1992 and has a history of 32 years and nine months. Its registered office is in Jeedimetla,Hyderabad, Telangana, India.

The Corporate was formerly known as Gr Power Switch Gear Private Limited. The Company is engaged in the Energy And Power Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 4.00 Cr and a paid-up capital of Rs 2.88 Cr.

The company currently has active open charges totaling ₹64.22 Cr. The company has closed loans amounting to ₹20.33 Cr, as per Ministry of Corporate Affairs (MCA) records.

Puttam Neelima, Chennuru Reddy, Chennuru Reddy, and One other member serve as directors at the Company.

Company Details

  • Location

    Jeedimetla,Hyderabad, Telangana, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U31909TG1992PLC014098

  • Company No.

    014098

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    09 Apr 1992

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Hyderabad

Industry

Energy and Power

What products or services does Gr Power Switchgear Limited offer?

Gr Power Switchgear Limited offers a wide range of products and services, including High Voltage Circuit Breakers, High Voltage Electrical Isolator, Fuses, Circuit Breakers & Components, Circuit Breakers, Horizontal Double Break Isolator, Vacuum Circuit Breaker, Crompton Greaves Vacuum Circuit Breaker.

Who are the key members and board of directors at Gr Power Switchgear?

Executive Team (1)

Name Designation Appointment Date Status
Chennuru Reddy Country flag representing In Managing Director 09-Apr-1992 Current

Board Members (3)

Name Designation Appointment Date Status
Puttam Neelima Country flag representing In Director 01-May-1999 Current
Chennuru Reddy Country flag representing In Director 09-Apr-2007 Current
Chennuru Pallavi Country flag representing In Director 01-May-1999 Current

Financial Performance of Gr Power Switchgear.

Gr Power Switchgear Limited, for the financial year ended 2023, experienced Minor drop in revenue, with a 6.83% decrease. The company also saw a substantial fall in profitability, with a 14.98% decrease in profit. The company's net worth moved up by a moderate rise of 8.56%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-6.83%
Revenue from Operations
-6.87%
Total Assets
8.60%
Profit or Loss
-14.98%
Net Worth
8.56%
EBITDA
-7.17%

What is the Ownership and Shareholding Structure of Gr Power Switchgear?

In 2023, Gr Power Switchgear had a promoter holding of 94.99% and a public holding of 5.01%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹64.22 Cr

Satisfied Charges

₹20.33 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 48.97 Cr
  • Others : 12.00 Cr
  • Axis Bank Limited : 3.25 Cr

Latest Charge Details

Date Lender Amount Status
27 Jul 2023 Axis Bank Limited ₹3.25 Cr Open
18 Feb 2022 State Bank Of India ₹48.97 Cr Open
31 Oct 1998 Others ₹12.00 Cr Open
22 Nov 2021 Others ₹2.20 Cr Satisfied
16 Nov 2021 Others ₹4.40 Cr Satisfied

How Many Employees Work at Gr Power Switchgear?

Gr Power Switchgear has a workforce of 56 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Gr Power Switchgear, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Gr Power Switchgear's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Gr Power Switchgear

Recent activity within the organization

  • Annual General Meeting

    Gr Power Switchgear Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Charges

    A charge with State Bank Of India of Rs. 48.97 Cr registered on 18 Feb 2022 with Charge ID 100546029 was modified on 26 Aug 2023.

    26 Aug 2023

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 3.25 Cr with Charge ID 100764444 was registered on 27 Jul 2023.

    27 Jul 2023

  • Balance Sheet

    Gr Power Switchgear Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Hyderabad.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 12.00 Cr registered on 31 Oct 1998 with Charge ID 90139175 was modified on 13 Jun 2022.

    13 Jun 2022

  • Charges

    A charge registered on 22 Nov 2021 via Charge ID 100507598 with Others was fully satisfied on 18 Apr 2022.

    18 Apr 2022

Frequently asked questions

  • Gr Power Switchgear Limited was incorporated on 09 Apr 1992.

  • The authorized share capital of Gr Power Switchgear Limited is ₹ 4.00 Cr and paid-up capital is ₹ 2.88 Cr.

  • Currently 4 directors are associated with Gr Power Switchgear Limited.

    • Puttam Lakshmi Neelima
    • Chennuru Gopala Reddy
    • Chennuru Devasena Reddy
    • Chennuru Lakshmi Pallavi
  • As per Ministry of Corporate Affairs (Mca), the registered address of Gr Power Switchgear Limited is Unit No.27BPhase IvIdajeedimetlaHyderabad JeedimetlaHyderabad, Telangana, India.

  • The corporate identification number (CIN) of Gr Power Switchgear Limited is U31909TG1992PLC014098 and the company number is 014098 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Gr Power Switchgear Limited is https://www.grpsl.net

  • According to the financial reports for the fiscal year 2023, the revenue trend for Gr Power Switchgear Limited has fallen by -6.83%.

  • As Per 2023 financial reports, 56 employees are currently employed by Gr Power Switchgear Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Gr Power Switchgear Limited has experienced an upsurge of 8.56%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Gr Power Switchgear Limited amount to ₹ 64.22 Cr.

  • The most recent Balance Sheet for Gr Power Switchgear Limited was filed with the ROC on 31 Mar 2023.

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