Grand Prix Engineering Profile
Key Indicators
- Authorised Capital ₹ 2.00 Cr
- Paid Up Capital ₹ 1.16 Cr
- Company Age 35 Year, 10 Months
- Last Filing with ROC 31 Mar 2023
- Open Charges ₹ 70.00 Cr
- Satisfied Charges ₹ 63.65 Cr
- Revenue Growth 27.21%
- Profit Growth 379.21%
- Ebitda 66.75%
- Net Worth 1.96%
- Total Assets 0.48%
About Grand Prix Engineering
Grand Prix Engineering Private Limited (GPEPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 03 April 1989 and has a history of 35 years and ten months. Its registered office is in Delhi, India.
The Corporate was formerly known as Ag Steels Private Limited. The Company is engaged in the Machinery And Equipment 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 2.00 Cr and a paid-up capital of Rs 1.16 Cr.
The company currently has active open charges totaling ₹70.00 Cr. The company has closed loans amounting to ₹63.65 Cr, as per Ministry of Corporate Affairs (MCA) records.
Harbir Banga and Amitbir Banga serve as directors at the Company.
Company Details
- Location
Delhi, India
- Telephone
+91-XXXXXXXXXX
- Email Address
- Website
- Social Media -
Corporate Identity Details
- CIN/LLPIN
U27310DL1989PTC220107
- Company No.
220107
- Company Classification
Private Limited Indian Non-Government Company
- Incorporation Date
03 Apr 1989
- Date of AGM
30 Sep 2023
- Date of Balance Sheet
31 Mar 2023
- Listing Status
Unlisted
- ROC Code
Roc Delhi
Industry
What products or services does Grand Prix Engineering Private Limited offer?
Grand Prix Engineering Private Limited offers a wide range of products and services, including Separators, Strainers & Purifiers, Strainers, Air Compressors, Accessories & Parts, Air Compressor Filter, Pollution Control Devices & Machines, Industrial Scrubber System, Industrial Silencers, Chemical Reactors and Process Tanks, Pressure Vessels, Separator Equipments.
Who are the key members and board of directors at Grand Prix Engineering?
Board Members (2)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Harbir Banga  | Additional Director | 28-Dec-2023 | Current |
| Amitbir Banga | Director | 16-Jan-2023 | Current |
Financial Performance of Grand Prix Engineering.
Grand Prix Engineering Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 27.21% increase. The company also saw a substantial improvement in profitability, with a 379.21% increase in profit. The company's net worth moved up by a moderate rise of 1.96%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
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What is the Ownership and Shareholding Structure of Grand Prix Engineering?
In 2023, Grand Prix Engineering 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)
Pooja Metal Processors Private LimitedHarbir Banga and Amitbir Banga are mutual person
Millennium Technotools Private LimitedHarbir Banga and Amitbir Banga are mutual person
Wehear Innovations Private LimitedHarbir Banga is a mutual person
Victora Automotive Private LimitedHarbir Banga and Amitbir Banga are mutual person
Victora Auto Private LimitedHarbir Banga and Amitbir Banga are mutual person
Precision Electronics LimitedHarbir Banga is a mutual person
Charges (Loans)
₹70.00 Cr
₹63.65 Cr
Charges Breakdown by Lending Institutions
- Others : 30.00 Cr
- Yes Bank Limited : 25.00 Cr
- Citi Bank N.A. : 15.00 Cr
Latest Charge Details
| Date | Lender | Amount | Status |
|---|---|---|---|
| 04 Mar 2024 | Yes Bank Limited | ₹25.00 Cr | Open |
| 28 Nov 2019 | Citi Bank N.A. | ₹15.00 Cr | Open |
| 10 Jul 2019 | Others | ₹30.00 Cr | Open |
| 26 May 2017 | Others | ₹30.00 Cr | Satisfied |
| 31 Mar 1999 | State Bank Of India | ₹1.50 M | Satisfied |
How Many Employees Work at Grand Prix Engineering?
Grand Prix Engineering has a workforce of 344 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 Grand Prix Engineering, 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 Prix Engineering'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.
