Grace System Technology Labs (India) Private Limited

Founded in 2002 and headquartered in Karnataka, India.

2002 | Bangaluru, Karnataka (India) | Active
Last Updated: December 30, 2024

Grace System Technology Labs (India) Profile

Key Indicators

  • Authorised Capital ₹ 1.00 M
  • Paid Up Capital ₹ 0.15 M
  • Company Age 23 Year, 1 Month
  • Last Filing with ROC 31 Mar 2024
  • Revenue Growth -50.61%
  • Profit Growth 110.43%
  • Ebitda 57.94%
  • Net Worth 3.34%
  • Total Assets -56.31%

About Grace System Technology Labs (India)

Grace System Technology Labs (India) Private Limited (GSTLIPL) is a Private Limited Indian Non-Government Company incorporated in India on 23 January 2002 and has a history of 23 years and one month. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Information Technology 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 1.00 M and a paid-up capital of Rs 0.15 M, as per Ministry of Corporate Affairs (MCA) records.

Madhu Illam and Kallamvalli Namboodiri serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    gracelabs.com

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U72900KA2002PTC030039

  • Company No.

    030039

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    23 Jan 2002

  • Date of AGM

    30 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Information Technology

What products or services does Grace System Technology Labs (India) Private Limited offer?

Grace System Technology Labs (India) Private Limited offers a wide range of products and services, including Business Planning and Management, Business Consultant, Computer Hardware & Peripherals, Computer Parts, Software Development Services, CRM Software Development Services.

Who are the key members and board of directors at Grace System Technology Labs (India)?

Executive Team (1)

NameDesignationAppointment DateStatus
Madhu Illam Country flag representing In Managing Director23-Jan-2002Current

Board Members (1)

NameDesignationAppointment DateStatus
Kallamvalli Namboodiri Country flag representing In Director 23-Jan-2002Current

Financial Performance of Grace System Technology Labs (India).

Grace System Technology Labs (India) Private Limited, for the financial year ended 2020, experienced significant reduction in revenue, with a 50.61% decrease. The company also saw a substantial improvement in profitability, with a 110.43% increase in profit. The company's net worth moved up by a moderate rise of 3.34%.

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
-50.61%
Revenue from Operations
-57.04%
Total Assets
-56.31%
Profit or Loss
110.43%
Net Worth
3.34%
EBITDA
57.94%

What is the Ownership and Shareholding Structure of Grace System Technology Labs (India)?

In 2019, Grace System Technology Labs (India) 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)

Placeholder for charges-related data

There are no open charges registered against the company as per our records.

How Many Employees Work at Grace System Technology Labs (India)?

Grace System Technology Labs (India) has a workforce of 6 employees as of Mar 22, 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 System Technology Labs (India), 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 System Technology Labs (India)'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 System Technology Labs (India)

Recent activity within the organization

  • Annual General Meeting

    Grace System Technology Labs (India) Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.

    30 Sep 2024

  • Balance Sheet

    Grace System Technology Labs (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Bangalore.

    31 Mar 2024

  • Director Appointment

    Madhu Kallampalli Illam was appointed as a Managing Director was appointed as a Managing Director on 23 Jan 2002 & has been associated with this company since 23 years 1 month .

    23 Jan 2002

  • Director Appointment

    Kallamvalli Illath Vasudevan Namboodiri was appointed as a Director was appointed as a Director on 23 Jan 2002 & has been associated with this company since 23 years 1 month .

    23 Jan 2002

  • Company Incorporation

    Grace System Technology Labs (India) Private Limited was registered on 23 Jan 2002 with Roc Bangalore & aged 23 years 1 month as per MCA records.

    23 Jan 2002

Frequently asked questions

  • Grace System Technology Labs (India) Private Limited was incorporated on 23 Jan 2002.

  • The authorized share capital of Grace System Technology Labs (India) Private Limited is ₹ 1.00 M and paid-up capital is ₹ 0.15 M.

  • Currently 2 directors are associated with Grace System Technology Labs (India) Private Limited.

    • Madhu Kallampalli Illam
    • Kallamvalli Illath Vasudevan Namboodiri
  • As per Ministry of Corporate Affairs (Mca), the registered address of Grace System Technology Labs (India) Private Limited is No 198 Cmh Road Second Floor Suite 984 Indiranagar, India, Bangalore, Karnataka, 560038.

  • The corporate identification number (CIN) of Grace System Technology Labs (India) Private Limited is U72900KA2002PTC030039 and the company number is 030039 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Grace System Technology Labs (India) Private Limited is https://www.gracelabs.com

  • According to the financial reports for the fiscal year 2020, the revenue trend for Grace System Technology Labs (India) Private Limited has fallen by -50.61%.

  • As Per 2020 financial reports, 6 employees are currently employed by Grace System Technology Labs (India) Private Limited.

  • The financial reports for the fiscal year 2020 indicates that The net worth of Grace System Technology Labs (India) Private Limited has experienced an upsurge of 3.34%.

  • The most recent Balance Sheet for Grace System Technology Labs (India) Private Limited was filed with the ROC on 31 Mar 2024.

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