Grace Locks Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
as on 10-12-2024
- Paid Up Capital ₹ 0.50 M
as on 10-12-2024
- Company Age 30 Year, 7 Months
- Last Filing with ROC 31 Mar 2024
- Revenue 3.26%
(FY 2021)
- Profit 33.58%
(FY 2021)
- Ebitda 26.52%
(FY 2021)
- Net Worth 23.50%
(FY 2021)
- Total Assets 29.10%
(FY 2021)
About Grace Locks
The Company is engaged in the Consumer Electronics & Durables 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 1.50 M and a paid-up capital of Rs 0.50 M, as per Ministry of Corporate Affairs (MCA) records.
Rajen Varma, Meenu Varma, and Reuben Varma serve as directors at the Company.
- CIN/LLPIN
U45202CH1994PLC014569
- Company No.
014569
- Company Classification
Public Limited Indian Non-Government Company
- Incorporation Date
16 May 1994
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Chandigarh
Industry
Company Details
- LocationUt, Chandigarh
- Telephone
- Email Address
- Website
- Social Media
Who are the key members and board of directors at Grace Locks?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Rajen Varma  | Managing Director | 23-Mar-1995 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Reuben Varma | Whole-Time Director | 17-Aug-2018 | Current |
| Meenu Varma | Whole-Time Director | 16-May-1994 | Current |
Financial Performance of Grace Locks.
Grace Locks Limited, for the financial year ended 2021, experienced modest growth in revenue, with a 3.26% increase. The company also saw a substantial improvement in profitability, with a 33.58% increase in profit. The company's net worth Soared by an impressive increase of 23.5%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Grace Locks?
In 2021, Grace Locks had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.
Charges (Loans)
There are no open charges registered against the company as per our records.
How Many Employees Work at Grace Locks?
Grace Locks has a workforce of 63 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.
Deals i
Gain comprehensive insights into the Deals and Valuation data of Grace Locks, 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 Locks'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.
