Grace Power Profile
Key Indicators
- Authorised Capital ₹ 5.00 M
as on 06-07-2024
- Paid Up Capital ₹ 4.00 M
as on 06-07-2024
- Company Age 27 Year, 9 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 1.59 Cr
as on 06-07-2024
- Satisfied Charges ₹ 2.80 Cr
as on 06-07-2024
- Revenue 47.38%
(FY 2023)
- Profit -19.06%
(FY 2023)
- Ebitda -44.20%
(FY 2023)
- Net Worth -91.88%
(FY 2023)
- Total Assets -14.95%
(FY 2023)
About Grace Power
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 2023. 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.
Assariparampil Joseph, Joseph Shibu, and Grace Joseph serve as directors at the Company.
- CIN/LLPIN
U40109GJ1997PTC031965
- Company No.
031965
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
25 Mar 1997
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Company Details
- Location
Ahmedabad, Gujarat, India
- Telephone
- Email Address
- Website
- Social Media-
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.
Who are the key members and board of directors at Grace Power?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Grace Joseph  | Managing Director | 25-Mar-1997 | Current |
Board Members(2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Assariparampil Joseph | Director | 01-Nov-2022 | Current |
| Joseph Shibu | Additional Director | 01-Apr-2021 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
Kandisa Engineering And Facility Management Private LimitedActive 14 years 5 monthsGrace Joseph is a mutual person
Charges (Loans)
| Lender | Amount | Status |
|---|---|---|
Others Creation Date: 28 Jan 2016 | ₹1.59 Cr | Open |
Axis Bank Limited Creation Date: 09 Mar 2012 | ₹1.50 Cr | Satisfied |
Hdfc Bank Limited Creation Date: 11 May 2011 | ₹9.00 M | Satisfied |
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.
Deals i
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
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.
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