Grace Power Private Limited

Provides electrical equipment repairs, maintenance, installation, and distribution for households, industries, and commercial users.

1997 | Ahmedabad, Gujarat (India) | Active
Last Updated:

Grace Power Profile

Key Indicators

  • Authorised Capital ₹ 5.00 M
  • Paid Up Capital ₹ 4.00 M
  • Company Age 27 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 1.59 Cr
  • Satisfied Charges ₹ 2.80 Cr
  • Revenue Growth 47.38%
  • Profit Growth -19.06%
  • Ebitda -44.20%
  • Net Worth -91.88%
  • Total Assets -14.95%

About Grace Power

Grace Power Private Limited (GPPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 25 March 1997 and has a history of 27 years and 11 months. Its registered office is in Ahmedabad, Gujarat, India.

The Company is engaged in the Engineering 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 5.00 M and a paid-up capital of Rs 4.00 M.

The company currently has active open charges totaling ₹1.59 Cr. The company has closed loans amounting to ₹2.80 Cr, as per Ministry of Corporate Affairs (MCA) records.

Grace Joseph, Assariparampil Joseph, and Joseph Shibu serve as directors at the Company.

Company Details

  • Location

    Ahmedabad, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U40109GJ1997PTC031965

  • Company No.

    031965

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Mar 1997

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Engineering

What products or services does Grace Power Private Limited offer?

Grace Power Private Limited offers a wide range of products and services, including Repair & Maintenance Services, Heat Exchangers Maintenance, Electrical & Electronic Goods Repair, Industrial Appliances Repair & Maintenance, Plant Design & Installation Services, Industrial Equipment Installation, Plant Maintenance Services.

Company report

Grace Power Private Limited

Explore comprehensive data for Grace Power Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

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

Executive Team (1)

NameDesignationAppointment DateStatus
Grace Joseph Country flag representing In Managing Director25-Mar-1997Current

Board Members (2)

NameDesignationAppointment DateStatus
Assariparampil Joseph Country flag representing In Director 01-Nov-2022Current
Joseph Shibu Country flag representing In Additional Director 01-Apr-2021Current

Financial Performance of Grace Power.

Grace Power Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 47.38% increase. The company also saw a substantial fall in profitability, with a 19.06% decrease in profit. The company's net worth observed a substantial decline by a decrease of 91.88%.

Grace Power revenue growth over time
Grace Power 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
47.38%
Revenue from Operations
47.11%
Total Assets
-14.95%
Profit or Loss
-19.06%
Net Worth
-91.88%
EBITDA
-44.20%

What is the Ownership and Shareholding Structure of Grace Power?

In 2023, Grace Power 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)

Open Charges

₹15.85 M

Satisfied Charges

₹28.00 M

Charges Breakdown by Lending Institutions

  • Others : 1.59 Cr

Latest Charge Details

DateLenderAmountStatus
28 Jan 2016Others₹1.59 CrOpen
09 Mar 2012Axis Bank Limited₹1.50 CrSatisfied
11 May 2011Hdfc Bank Limited₹9.00 MSatisfied
29 Apr 2008Indian Overseas Bank₹4.00 MSatisfied

How Many Employees Work at Grace Power?

Grace Power has a workforce of 5 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.

Employee growth trends for Grace Power Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Grace Power, 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 Power'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 Power

Recent activity within the organization

  • Annual General Meeting

    Grace Power Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Grace Power Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Director Appointment

    Assariparampil Kuruvilla Joseph was appointed as a Director was appointed as a Director on 01 Nov 2022 & has been associated with this company since 2 years 4 months .

  • Director Appointment

    Joseph Shibu was appointed as a Additional Director was appointed as a Additional Director on 01 Apr 2021 & has been associated with this company since 3 years 11 months .

  • Charges

    A charge registered on 09 Mar 2012 via Charge ID 10343296 with Axis Bank Limited was fully satisfied on 29 Mar 2016.

  • Charges

    A charge with Others amounted to Rs. 15.85 M with Charge ID 100023257 was registered on 28 Jan 2016.

Frequently asked questions

  • What is the Incorporation or founding date of Grace Power Private Limited?

    Grace Power Private Limited was incorporated on 25 Mar 1997.

  • What is authorized share capital and paid-up capital of Grace Power Private Limited?

    The authorized share capital of Grace Power Private Limited is ₹ 5.00 M and paid-up capital is ₹ 4.00 M.

  • Who are the current board members & directors of Grace Power Private Limited?

    Currently 3 directors are associated with Grace Power Private Limited.

    • Grace Assariparampill Joseph
    • Assariparampil Kuruvilla Joseph
    • Joseph Shibu
  • What is the registered address of Grace Power Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Grace Power Private Limited is B-2/2 Anoli Co- Op. Housing Soc. Ltd Plot No. 28-29 Sunrise Park Drive-In Ro Ad, India, Ahmedabad, Gujarat, 380054.

  • What is the corporate identification number (CIN) and company number of Grace Power Private Limited?

    The corporate identification number (CIN) of Grace Power Private Limited is U40109GJ1997PTC031965 and the company number is 031965 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Grace Power Private Limited?

    The Official website of Grace Power Private Limited is https://www.gracepower.com

  • What has been the recent revenue trend for Grace Power Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Grace Power Private Limited has risen by 47.38%.

  • How many employees does Grace Power Private Limited currently have?

    As Per 2023 financial reports, 5 employees are currently employed by Grace Power Private Limited.

  • What change has been observed in the net worth of Grace Power Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Grace Power Private Limited has experienced an downturn of -91.88%.

  • What are the total open charges for Grace Power Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Grace Power Private Limited amount to ₹ 1.59 Cr.

  • When was the last Balance Sheet of Grace Power Private Limited filed with the ROC?

    The most recent Balance Sheet for Grace Power Private Limited was filed with the ROC on 31 Mar 2024.

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