Grand Polycoats Company Profile
Key Indicators
- Authorised Capital ₹ 7.50 Cr
- Paid Up Capital ₹ 6.29 Cr
- Company Age 37 Year, 20 Days
- Last Filing with ROC 31 Mar 2024
- Open Charges ₹ 9.48 Cr
- Satisfied Charges ₹ 5.78 Cr
- Revenue Growth 27.84%
- Profit Growth 3740.31%
- Ebitda 1079.86%
- Net Worth 15.32%
- Total Assets 8.13%
About Grand Polycoats Company
Grand Polycoats Company Private Limited (GPCPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 10 February 1988 and has a history of 37 years. Its registered office is in Vadodara, Gujarat, India.
The Company is engaged in the Manufacturing 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 7.50 Cr and a paid-up capital of Rs 6.29 Cr.
The company currently has active open charges totaling ₹9.48 Cr. The company has closed loans amounting to ₹5.78 Cr, as per Ministry of Corporate Affairs (MCA) records.
Bharat Chokshi, Anita Chokshi, Bipinbhai Shah, and One other member serve as directors at the Company.
Company Details
- Location
Vadodara, Gujarat, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media
Corporate Identity Details
- CIN/LLPIN
U74999GJ1988PTC010350
- Company No.
010350
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
10 Feb 1988
- Date of AGM
30 Sep 2024
- Date of Balance Sheet
31 Mar 2024
- Listing Status
Unlisted
- ROC Code
Roc Ahmedabad
Industry
Manufacturing
What products or services does Grand Polycoats Company Private Limited offer?
Grand Polycoats Company Private Limited offers a wide range of products and services, including FRP Lining, PU & Powder Coatings, Industrial Paints and Coatings, Rubber Powder, Chlorinated Rubber, Epoxy Paints and Coatings, Epoxy Coatings, Epoxy Primer Paint, PU Paints and Coatings, PU Coating, Polyurethane Products.
Who are the key members and board of directors at Grand Polycoats Company?
Executive Team (1)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Bharat Chokshi  | Managing Director | 10-Feb-1988 | Current |
Board Members (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Anita Chokshi  | Director | 10-Feb-1988 | Current |
| Bipinbhai Shah | Director | 29-Sep-1998 | Current |
| Ankur Chokshi | Whole-Time Director | 26-Aug-2021 | Current |
Financial Performance of Grand Polycoats Company.
Grand Polycoats Company Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.84% increase. The company also saw a substantial improvement in profitability, with a 3740.31% increase in profit. The company's net worth Soared by an impressive increase of 15.32%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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What is the Ownership and Shareholding Structure of Grand Polycoats Company?
In 2023, Grand Polycoats Company 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)
Admark Polycoats Private LimitedBharat Chokshi, Anita Chokshi and 1 more are mutual person
Nanovation Products Private LimitedBharat Chokshi is a mutual person
Novosis Green Technologies LlpBharat Chokshi is a mutual person
- Bpc Innovation Llp
Bharat Chokshi and Anita Chokshi are mutual person
- Gp Envirocoats Llp
Bharat Chokshi is a mutual person
- Palmer Novosis Greentechnologies Llp
Bharat Chokshi is a mutual person
Charges (Loans)
Open Charges
₹9.48 Cr
Satisfied Charges
₹5.78 Cr
Charges Breakdown by Lending Institutions
- Others : 9.45 Cr
- Bank Of India : 0.03 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 29 Dec 2021 | Others | ₹7.50 Cr | Open |
| 08 Jun 2020 | Others | ₹1.95 Cr | Open |
| 23 Feb 1989 | Bank Of India | ₹0.30 M | Open |
| 07 Mar 2019 | Others | ₹5.50 M | Satisfied |
| 01 Sep 2007 | Bank Of Baroda | ₹3.25 Cr | Satisfied |
How Many Employees Work at Grand Polycoats Company?
Grand Polycoats Company has a workforce of 164 employees as of Apr 01, 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 Grand Polycoats Company, 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 Grand Polycoats Company'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 Grand Polycoats Company
Recent activity within the organization
- Annual General Meeting
Grand Polycoats Company Private Limited last Annual general meeting of members was held on 30 Sep 2024 as per latest MCA records.
- Charges
A charge registered on 30 Sep 1996 via Charge ID 90109492 with Small Industrial Development Bank Of India was fully satisfied on 22 May 2024.
- Balance Sheet
Grand Polycoats Company Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.
- Charges
A charge with Others of Rs. 7.50 Cr registered on 29 Dec 2021 with Charge ID 100536607 was modified on 12 Dec 2022.
- Charges
A charge registered on 07 Mar 2019 via Charge ID 100266833 with Others was fully satisfied on 12 Sep 2022.
- Charges
A charge registered on 01 Sep 2007 via Charge ID 10069386 with Bank Of Baroda was fully satisfied on 12 Sep 2022.
Frequently asked questions
What is the Incorporation or founding date of Grand Polycoats Company Private Limited?
Grand Polycoats Company Private Limited was incorporated on 10 Feb 1988.
What is authorized share capital and paid-up capital of Grand Polycoats Company Private Limited?
The authorized share capital of Grand Polycoats Company Private Limited is ₹ 7.50 Cr and paid-up capital is ₹ 6.29 Cr.
Who are the current board members & directors of Grand Polycoats Company Private Limited?
Currently 4 directors are associated with Grand Polycoats Company Private Limited.
- Bharat Punjalal Chokshi
- Anita Bharat Chokshi
- Bipinbhai Ambalal Shah
- Ankur Bharat Chokshi
What is the registered address of Grand Polycoats Company Private Limited?
As per Ministry of Corporate Affairs (Mca), the registered address of Grand Polycoats Company Private Limited is 204 Siddharth Complex, Alkapuri India, Vadodara, Gujarat, 390007.
What is the corporate identification number (CIN) and company number of Grand Polycoats Company Private Limited?
The corporate identification number (CIN) of Grand Polycoats Company Private Limited is U74999GJ1988PTC010350 and the company number is 010350 as per Ministry of Corporate Affairs (MCA).
What is the official website of Grand Polycoats Company Private Limited?
The Official website of Grand Polycoats Company Private Limited is https://www.grandpolycoats.com
What has been the recent revenue trend for Grand Polycoats Company Private Limited?
According to the financial reports for the fiscal year 2023, the revenue trend for Grand Polycoats Company Private Limited has risen by 27.84%.
How many employees does Grand Polycoats Company Private Limited currently have?
As Per 2023 financial reports, 164 employees are currently employed by Grand Polycoats Company Private Limited.
What change has been observed in the net worth of Grand Polycoats Company Private Limited, and by what percentage?
The financial reports for the fiscal year 2023 indicates that The net worth of Grand Polycoats Company Private Limited has experienced an upsurge of 15.32%.
What are the total open charges for Grand Polycoats Company Private Limited?
As per the financial statements for fiscal Year 2023, The total open charges for Grand Polycoats Company Private Limited amount to ₹ 9.48 Cr.
When was the last Balance Sheet of Grand Polycoats Company Private Limited filed with the ROC?
The most recent Balance Sheet for Grand Polycoats Company Private Limited was filed with the ROC on 31 Mar 2024.
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