Grace Castings Profile
Key Indicators
- Authorised Capital ₹ 1.75 Cr
as on 13-12-2024
- Paid Up Capital ₹ 1.54 Cr
as on 13-12-2024
- Company Age 32 Year, 8 Months
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 29.41 Cr
as on 13-12-2024
- Satisfied Charges ₹ 14.11 Cr
as on 13-12-2024
- Revenue 30.76%
(FY 2022)
- Profit 80.96%
(FY 2022)
- Ebitda -10.03%
(FY 2022)
- Net Worth 14.81%
(FY 2022)
- Total Assets 17.97%
(FY 2022)
About Grace Castings
The Corporate was formerly known as Grace Castings Pvt Ltd. The Company is engaged in the Metals And Minerals Industry.
The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 1.75 Cr and a paid-up capital of Rs 1.54 Cr.
The company currently has active open charges totaling ₹29.41 Cr. The company has closed loans amounting to ₹14.11 Cr, as per Ministry of Corporate Affairs (MCA) records.
Vidhyut Kapadiya, Hitesh Shah, and Mohit Mardia serve as directors at the Company.
- CIN/LLPIN
U23310GJ1992PLC017365
- Company No.
017365
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
25 Mar 1992
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- LocationMehsana, Gujarat
- Telephone
- Email Address
- Website
- Social Media-
What products or services does Grace Castings Ltd offer?
Grace Castings Ltd offers a wide range of products and services, including Lock Washers, Spring Washer.
Who are the key members and board of directors at Grace Castings?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Mohit Mardia  | Managing Director | 12-Jun-2009 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vidhyut Kapadiya | Whole-Time Director | 13-Sep-2002 | Current |
| Hitesh Shah | Whole-Time Director | 01-May-2003 | Current |
Financial Performance of Grace Castings.
Grace Castings Ltd, for the financial year ended 2022, experienced significant growth in revenue, with a 30.76% increase. The company also saw a substantial improvement in profitability, with a 80.96% increase in profit. The company's net worth Soared by an impressive increase of 14.81%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
| Metric |
| (FY 2022) | (FY 2021) | (FY 2020) | (FY 2019) | ||
|---|---|---|---|---|---|---|---|
| Total Revenue |
| ||||||
| Revenue from Operations |
| ||||||
| Total Assets |
| ||||||
| Profit or Loss |
| ||||||
| Net Worth |
| ||||||
| EBITDA |
|
What is the Ownership and Shareholding Structure of Grace Castings?
In 2024, Grace Castings had a promoter holding of 99.74% and a public holding of 0.26%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
City Union Bank Limited Creation Date: 23 Jun 2017 | ₹29.41 Cr | Open |
Development Credit Bank Limited Creation Date: 15 Nov 2010 | ₹5.00 Cr | Satisfied |
Development Credit Bank Limited Creation Date: 02 Nov 2010 | ₹5.00 Cr | Satisfied |
How Many Employees Work at Grace Castings?
Grace Castings has a workforce of 84 employees as of Dec 13, 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Grace Castings, 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 Grace Castings's trajectory.
Rating
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
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.
