Grace Castings Profile
Key Indicators
- Authorised Capital ₹ 1.75 Cr
- Paid Up Capital ₹ 1.54 Cr
- Company Age 33 Year, 1 Month
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 29.41 Cr
- Satisfied Charges ₹ 14.11 Cr
- Revenue Growth 30.76%
- Profit Growth 80.96%
- Ebitda -10.03%
- Net Worth 14.81%
- Total Assets 17.97%
About Grace Castings
Grace Castings Ltd (GCL) is a leading Public Limited Indian Non-Government Company incorporated in India on 25 March 1992 and has a history of 33 years and one month. Its registered office is in Mehsana, Gujarat.
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.
Company Details
- Location Mehsana, Gujarat
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Metals and Minerals
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.
Grace Castings Ltd
Explore comprehensive data for Grace Castings Ltd, including financials, compliance details, shareholding patterns, and litigation history.
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
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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)
Open Charges
₹29.41 Cr
Satisfied Charges
₹14.11 Cr
Charges Breakdown by Lending Institutions
- City Union Bank Limited : 29.41 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 23 Jun 2017 | City Union Bank Limited | ₹29.41 Cr | Open |
| 15 Nov 2010 | Development Credit Bank Limited | ₹5.00 Cr | Satisfied |
| 02 Nov 2010 | Development Credit Bank Limited | ₹5.00 Cr | Satisfied |
| 05 Sep 2007 | Hdfc Bank Limited | ₹6.40 M | Satisfied |
| 05 Sep 2007 | Hdfc Bank Limited | ₹6.40 M | 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.
Latest Updates, News, and FAQs on Grace Castings
Recent activity within the organization
- Annual General Meeting
Grace Castings Ltd last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Grace Castings Ltd has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with City Union Bank Limited of Rs. 29.41 Cr registered on 23 Jun 2017 with Charge ID 100115429 was modified on 30 Aug 2022.
- Charges
A charge registered on 15 Nov 2010 via Charge ID 10250888 with Development Credit Bank Limited was fully satisfied on 11 Jul 2017.
- Charges
A charge registered on 02 Nov 2010 via Charge ID 10250577 with Development Credit Bank Limited was fully satisfied on 11 Jul 2017.
- Charges
A charge with City Union Bank Limited amounted to Rs. 29.41 Cr with Charge ID 100115429 was registered on 23 Jun 2017.
Frequently asked questions
What is the Incorporation or founding date of Grace Castings Ltd?
Grace Castings Ltd was incorporated on 25 Mar 1992.
What is authorized share capital and paid-up capital of Grace Castings Ltd?
The authorized share capital of Grace Castings Ltd is ₹ 1.75 Cr and paid-up capital is ₹ 1.54 Cr.
Who are the current board members & directors of Grace Castings Ltd?
Currently 3 directors are associated with Grace Castings Ltd.
- Vidhyut Vinodchandra Kapadiya
- Hitesh Hasmukhlal Shah
- Mohit Rajiv Mardia
What is the registered address of Grace Castings Ltd?
As per Ministry of Corporate Affairs (Mca), the registered address of Grace Castings Ltd is Survey No 189 Village Karannagar Tal Kadi India, Mehsana, Gujarat.
What is the corporate identification number (CIN) and company number of Grace Castings Ltd?
The corporate identification number (CIN) of Grace Castings Ltd is U23310GJ1992PLC017365 and the company number is 017365 as per Ministry of Corporate Affairs (MCA).
What is the official website of Grace Castings Ltd?
The Official website of Grace Castings Ltd is https://www.gracecastings.com
What has been the recent revenue trend for Grace Castings Ltd?
According to the financial reports for the fiscal year 2022, the revenue trend for Grace Castings Ltd has risen by 30.76%.
How many employees does Grace Castings Ltd currently have?
As Per 2022 financial reports, 84 employees are currently employed by Grace Castings Ltd.
What change has been observed in the net worth of Grace Castings Ltd, and by what percentage?
The financial reports for the fiscal year 2022 indicates that The net worth of Grace Castings Ltd has experienced an upsurge of 14.81%.
What are the total open charges for Grace Castings Ltd?
As per the financial statements for fiscal Year 2022, The total open charges for Grace Castings Ltd amount to ₹ 29.41 Cr.
When was the last Balance Sheet of Grace Castings Ltd filed with the ROC?
The most recent Balance Sheet for Grace Castings Ltd was filed with the ROC on 31 Mar 2024.
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