Graand Prix Elevators India Private Limited

Manufacturer and supplier of elevators for home and office use, serving international clients.

2004 | Mumbai, Maharashtra (India) | Active
Last Updated: December 25, 2024

Graand Prix Elevators India Profile

Key Indicators

  • Authorised Capital ₹ 0.50 M
  • Paid Up Capital ₹ 0.10 M
  • Company Age 20 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Satisfied Charges ₹ 8.03 Cr
  • Revenue Growth 32.29%
  • Profit Growth -3323.30%
  • Ebitda -143.25%
  • Net Worth -14.17%
  • Total Assets 1.87%

About Graand Prix Elevators India

Graand Prix Elevators India Private Limited (GPEIPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 24 February 2004 and has a history of 20 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Corporate was formerly known as Graand Prix Aircon Services Private Limited. The Company is engaged in the Machinery And Equipment 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 0.50 M and a paid-up capital of Rs 0.10 M.

The company has closed loans amounting to ₹8.03 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

Hariprasad Nargund, Krishna Narayan, and Ramkiron Karkera serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    graandprix.com

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U74999MH2004PTC144672

  • Company No.

    144672

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    24 Feb 2004

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Machinery and Equipment

What products or services does Graand Prix Elevators India Private Limited offer?

Graand Prix Elevators India Private Limited offers a wide range of products and services, including Elevators & Escalators, Goods Lift, Hydraulic Lifts, Hydraulic Elevator.

Who are the key members and board of directors at Graand Prix Elevators India?

Board Members (3)

Name Designation Appointment Date Status
Hariprasad Nargund Country flag representing In Director 24-Feb-2004 Current
Krishna Narayan Country flag representing In Director 24-Feb-2004 Current
Ramkiron Karkera Country flag representing In Director 24-Feb-2004 Current

Financial Performance of Graand Prix Elevators India.

Graand Prix Elevators India Private Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 32.29% increase. The company also saw a substantial fall in profitability, with a 3323.3% decrease in profit. The company's net worth observed a substantial decline by a decrease of 14.17%.

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
32.29%
Revenue from Operations
29.71%
Total Assets
1.87%
Profit or Loss
-3323.30%
Net Worth
-14.17%
EBITDA
-143.25%

What is the Ownership and Shareholding Structure of Graand Prix Elevators India?

Unlock access to Graand Prix Elevators India's control and ownership data, Corporate Shareholding Patterns, Funding (security allotment) details, Foreign Institutional Investor information, Directors and Key Management Personnel (KMP) Remuneration, Group Structure, Overseas Direct Investment and other pertinent data.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹80.33 M

Charges Breakdown by Lending Institutions

  • Others : 3.70 Cr
  • Fullerton India Credit Company Limited : 2.52 Cr
  • Edelweiss Housing Finance Limited : 1.15 Cr
  • Bank Of Maharashtra : 0.67 Cr

Latest Charge Details

Date Lender Amount Status
17 Mar 2016 Others ₹3.70 Cr Satisfied
31 Jan 2014 Fullerton India Credit Company Limited ₹2.52 Cr Satisfied
16 Mar 2011 Edelweiss Housing Finance Limited ₹1.15 Cr Satisfied
17 Jul 2009 Bank Of Maharashtra ₹4.00 M Satisfied
05 Oct 2005 Bank Of Maharashtra ₹2.50 M Satisfied

How Many Employees Work at Graand Prix Elevators India?

Graand Prix Elevators India has a workforce of 74 employees as of Mar 28, 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 Graand Prix Elevators India, 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 Graand Prix Elevators India'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 Graand Prix Elevators India

Recent activity within the organization

  • Charges

    A charge registered on 17 Mar 2016 via Charge ID 100041469 with Others was fully satisfied on 09 Jul 2024.

    09 Jul 2024

  • Annual General Meeting

    Graand Prix Elevators India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Graand Prix Elevators India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Others of Rs. 36.98 M registered on 17 Mar 2016 with Charge ID 100041469 was modified on 21 Jul 2020.

    21 Jul 2020

  • Charges

    A charge registered on 31 Jan 2014 via Charge ID 10476238 with Fullerton India Credit Company Limited was fully satisfied on 29 Apr 2016.

    29 Apr 2016

  • Charges

    A charge with Others amounted to Rs. 36.98 M with Charge ID 100041469 was registered on 17 Mar 2016.

    17 Mar 2016

Frequently asked questions

  • Graand Prix Elevators India Private Limited was incorporated on 24 Feb 2004.

  • The authorized share capital of Graand Prix Elevators India Private Limited is ₹ 0.50 M and paid-up capital is ₹ 0.10 M.

  • Currently 3 directors are associated with Graand Prix Elevators India Private Limited.

    • Hariprasad Waman Nargund
    • Krishna Poojary Narayan
    • Ramkiron Lakshman Karkera
  • As per Ministry of Corporate Affairs (Mca), the registered address of Graand Prix Elevators India Private Limited is 407 4Th Floor Flying Colors Pandit Deendayal Upadhyaya Marg Lbs Cross Road, Mulund(Wes T) India, Mumbai, Maharashtra, 400080.

  • The corporate identification number (CIN) of Graand Prix Elevators India Private Limited is U74999MH2004PTC144672 and the company number is 144672 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Graand Prix Elevators India Private Limited is https://www.graandprix.com

  • According to the financial reports for the fiscal year 2022, the revenue trend for Graand Prix Elevators India Private Limited has risen by 32.29%.

  • As Per 2022 financial reports, 74 employees are currently employed by Graand Prix Elevators India Private Limited.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Graand Prix Elevators India Private Limited has experienced an downturn of -14.17%.

  • The most recent Balance Sheet for Graand Prix Elevators India Private Limited was filed with the ROC on 31 Mar 2023.

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