Grace Garments Ltd

Manufacturing and selling clothing for men, women, and children since 1994.

1994 | Bhavnagar, Gujarat (India) | Converted to LLP
Last Updated: April 18, 2024

Grace Garments Profile

Key Indicators

  • Authorised Capital ₹ 1.00 Cr
  • Paid Up Capital ₹ 3.01 M
  • Company Age 30 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Revenue Growth -1.58%
  • Profit Growth 10.35%
  • Ebitda 32.97%
  • Net Worth 0.64%
  • Total Assets 0.76%

About Grace Garments

Grace Garments Ltd (GGL) is Converted To Llp company established on 14 Dec 1994 with its office registered at Bhavnagar, Gujarat, India and has been running since 30 Year, 2 Months with a paid up capital of 3.01 M. According to MCA records, 3 Directors are linked to this company as of 18 Apr 2024.

Company Details

  • Location

    Bhavnagar, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U18109GJ1994PLC023862

  • Company No.

    023862

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    14 Dec 1994

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Who are the key members and board of directors at Grace Garments?

Board Members (3)

NameDesignationAppointment DateStatus
Utpalbhai Ruparelia Country flag representing In Director 01-Feb-2008Current
Hitesh Ruparelia Country flag representing In Director 05-Jan-1995Current
Hinaben Ruparelia Country flag representing In Whole-Time Director 20-May-1999Current

Financial Performance of Grace Garments.

Grace Garments Ltd, for the financial year ended 2022, experienced Minor drop in revenue, with a 1.58% decrease. The company also saw a substantial improvement in profitability, with a 10.35% increase in profit. The company's net worth moved up by a moderate rise of 0.64%.

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
-1.58%
Revenue from Operations
Total Assets
0.76%
Profit or Loss
10.35%
Net Worth
0.64%
EBITDA
32.97%

What is the Ownership and Shareholding Structure of Grace Garments?

In 2021, Grace Garments had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Grace Garments?

Grace Garments has a workforce of 0 employees as of Apr 02, 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 Grace Garments, 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 Garments'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 Grace Garments

Recent activity within the organization

  • Annual General Meeting

    Grace Garments Ltd last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Grace Garments Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.

    31 Mar 2023

  • Director Appointment

    Utpalbhai Pravinchandra Ruparelia was appointed as a Director was appointed as a Director on 01 Feb 2008 & has been associated with this company since 17 years 23 days .

    01 Feb 2008

  • Director Appointment

    Hinaben Hiteshbhai Ruparelia was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 20 May 1999 & has been associated with this company since 25 years 9 months .

    20 May 1999

  • Director Appointment

    Hitesh Pravinchandra Ruparelia was appointed as a Director was appointed as a Director on 05 Jan 1995 & has been associated with this company since 30 years 1 month .

    05 Jan 1995

  • Company Incorporation

    Grace Garments Ltd was registered on 14 Dec 1994 with Roc Ahmedabad & aged 30 years 2 months as per MCA records.

    14 Dec 1994

Frequently asked questions

  • Grace Garments Ltd was incorporated on 14 Dec 1994.

  • The authorized share capital of Grace Garments Ltd is ₹ 1.00 Cr and paid-up capital is ₹ 3.01 M.

  • Currently 3 directors are associated with Grace Garments Ltd.

    • Hitesh Pravinchandra Ruparelia
    • Hinaben Hiteshbhai Ruparelia
    • Utpalbhai Pravinchandra Ruparelia
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grace Garments Ltd is 136 Panchamrut, Old Manekwadi, Bhavanagar 364001, Gujarat, India.

  • The corporate identification number (CIN) of Grace Garments Ltd is U18109GJ1994PLC023862 and the company number is 023862 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2022, the revenue trend for Grace Garments Ltd has fallen by -1.58%.

  • The financial reports for the fiscal year 2022 indicates that The net worth of Grace Garments Ltd has experienced an upsurge of 0.64%.

  • The most recent Balance Sheet for Grace Garments Ltd was filed with the ROC on 31 Mar 2023.