Grace Organics Private Limited

Manufactures and supplies textile chemicals such as bleaching powder and cationic softener.

1995 | Mumbai, Maharashtra (India) | Active
Last Updated: July 17, 2024

Grace Organics Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 1.60 M
  • Company Age 29 Year, 2 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.46 Cr
  • Satisfied Charges ₹ 4.64 Cr
  • Revenue Growth 15.66%
  • Profit Growth 9.93%
  • Ebitda 5.67%
  • Net Worth 40.76%
  • Total Assets -24.42%

About Grace Organics

Grace Organics Private Limited (GOPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 17 November 1995 and has a history of 29 years and two months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 5.00 M and a paid-up capital of Rs 1.60 M.

The company currently has active open charges totaling ₹2.46 Cr. The company has closed loans amounting to ₹4.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

Dhaval Desai, Shashank Desai, and Leena Desai serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U24110MH1995PTC094573

  • Company No.

    094573

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    17 Nov 1995

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Grace Organics Private Limited offer?

Grace Organics Private Limited offers a wide range of products and services, including Apparel & Textile Machinery, Textile Finishing Machine.

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

Board Members (3)

Name Designation Appointment Date Status
Dhaval Desai Country flag representing In Director 14-May-2013 Current
Shashank Desai Country flag representing In Director 12-Sep-2007 Current
Leena Desai Country flag representing In Director 20-Aug-2007 Current

Financial Performance of Grace Organics.

Grace Organics Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 15.66% increase. The company also saw a slight improvement in profitability, with a 9.93% increase in profit. The company's net worth Soared by an impressive increase of 40.76%.

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
15.66%
Revenue from Operations
16.04%
Total Assets
-24.42%
Profit or Loss
9.93%
Net Worth
40.76%
EBITDA
5.67%

What is the Ownership and Shareholding Structure of Grace Organics?

In 2023, Grace Organics had a promoter holding of 62.50% and a public holding of 37.50%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹24.60 M

Satisfied Charges

₹46.43 M

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 2.46 Cr

Latest Charge Details

Date Lender Amount Status
30 Nov 2023 Hdfc Bank Limited ₹8.10 M Open
21 Jun 2021 Hdfc Bank Limited ₹1.50 M Open
10 Mar 2017 Hdfc Bank Limited ₹1.50 Cr Open
22 Dec 2010 Bank Of India ₹2.29 Cr Satisfied
10 Apr 2008 Bank Of India ₹2.15 Cr Satisfied

How Many Employees Work at Grace Organics?

Grace Organics has a workforce of 17 employees as of Apr 07, 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 Organics, 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 Organics'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 Organics

Recent activity within the organization

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 8.10 M with Charge ID 100862361 was registered on 30 Nov 2023.

    30 Nov 2023

  • Annual General Meeting

    Grace Organics Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Grace Organics Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 1.50 M with Charge ID 100484732 was registered on 21 Jun 2021.

    21 Jun 2021

  • Charges

    A charge with Hdfc Bank Limited amounted to Rs. 15.00 M with Charge ID 100113497 was registered on 10 Mar 2017.

    10 Mar 2017

  • Charges

    A charge registered on 22 Dec 2010 via Charge ID 10258811 with Bank Of India was fully satisfied on 10 Mar 2017.

    10 Mar 2017

Frequently asked questions

  • Grace Organics Private Limited was incorporated on 17 Nov 1995.

  • The authorized share capital of Grace Organics Private Limited is ₹ 5.00 M and paid-up capital is ₹ 1.60 M.

  • Currently 3 directors are associated with Grace Organics Private Limited.

    • Dhaval Kantilal Desai
    • Shashank Dhaval Desai
    • Leena Dhaval Desai
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grace Organics Private Limited is B-201 Saraswati Towernear Jain Temle Parsi Ppanchay At Road Andheri (E), Mumbai, Maharashtra, India, 400069.

  • The corporate identification number (CIN) of Grace Organics Private Limited is U24110MH1995PTC094573 and the company number is 094573 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Grace Organics Private Limited has risen by 15.66%.

  • As Per 2023 financial reports, 17 employees are currently employed by Grace Organics Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Grace Organics Private Limited has experienced an upsurge of 40.76%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Grace Organics Private Limited amount to ₹ 2.46 Cr.

  • The most recent Balance Sheet for Grace Organics Private Limited was filed with the ROC on 31 Mar 2023.

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