Grace Locks Profile
Key Indicators
- Authorised Capital ₹ 1.50 M
- Paid Up Capital ₹ 0.50 M
- Company Age 31 Year, 10 Days
- Last Filing with ROC 31 Mar 2024
- Revenue Growth 3.26%
- Profit Growth 33.58%
- Ebitda 26.52%
- Net Worth 23.50%
- Total Assets 29.10%
About Grace Locks
Grace Locks Limited (GLL) is a leading Public Limited Indian Non-Government Company incorporated in India on 16 May 1994 and has a history of 31 years. Its registered office is in Ut, Chandigarh.
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.
Company Details
- Location Ut, Chandigarh
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- 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
Consumer Electronics & Durables
Manufacturing
Grace Locks Limited
Explore comprehensive data for Grace Locks Limited, including financials, compliance details, shareholding patterns, and litigation history.
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.
Latest Updates, News, and FAQs on Grace Locks
Recent activity within the organization
- Annual General Meeting
Grace Locks Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Balance Sheet
Grace Locks Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chandigarh.
- Director Appointment
Reuben Varma was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 17 Aug 2018 & has been associated with this company since 6 years 9 months .
- Director Appointment
Rajen Mohan Varma was appointed as a Managing Director was appointed as a Managing Director on 23 Mar 1995 & has been associated with this company since 30 years 2 months .
- Director Appointment
Meenu Varma was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 16 May 1994 & has been associated with this company since 31 years 10 days .
- Company Incorporation
Grace Locks Limited was registered on 16 May 1994 with Roc Chandigarh & aged 31 years 10 days as per MCA records.
Frequently asked questions
What is the Incorporation or founding date of Grace Locks Limited?
Grace Locks Limited was incorporated on 16 May 1994.
What is authorized share capital and paid-up capital of Grace Locks Limited?
The authorized share capital of Grace Locks Limited is ₹ 1.50 M and paid-up capital is ₹ 0.50 M.
Who are the current board members & directors of Grace Locks Limited?
Currently 3 directors are associated with Grace Locks Limited.
- Rajen Mohan Varma
- Meenu Varma
- Reuben Varma
What is the registered address of Grace Locks Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Grace Locks Limited is 116 Industrial Areaphase 1 India, Ut, Chandigarh.
What is the corporate identification number (CIN) and company number of Grace Locks Limited?
The corporate identification number (CIN) of Grace Locks Limited is U45202CH1994PLC014569 and the company number is 014569 as per Ministry of Corporate Affairs (MCA).
What is the official website of Grace Locks Limited?
The Official website of Grace Locks Limited is https://www.mygrace.in
What has been the recent revenue trend for Grace Locks Limited?
According to the financial reports for the fiscal year 2021, the revenue trend for Grace Locks Limited has risen by 3.26%.
How many employees does Grace Locks Limited currently have?
As Per 2021 financial reports, 63 employees are currently employed by Grace Locks Limited.
What change has been observed in the net worth of Grace Locks Limited, and by what percentage?
The financial reports for the fiscal year 2021 indicates that The net worth of Grace Locks Limited has experienced an upsurge of 23.50%.
When was the last Balance Sheet of Grace Locks Limited filed with the ROC?
The most recent Balance Sheet for Grace Locks Limited was filed with the ROC on 31 Mar 2024.
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