Grand Prix Engineering Private Limited

Manufacturer of filters, strainers, pressure vessels, and gas conditioning skids with ASME and NBBI certifications.

1989 | Delhi (India) | Active
Last Updated:

Grand Prix Engineering Profile

Key Indicators

  • Authorised Capital ₹ 2.00 Cr
  • Paid Up Capital ₹ 1.16 Cr
  • Company Age 36 Year, 1 Month
  • 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 36 years and one month. 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

Machinery and Equipment

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.

Company report

Grand Prix Engineering Private Limited

Explore comprehensive data for Grand Prix Engineering Private Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Grand Prix Engineering?

Board Members (2)

NameDesignationAppointment DateStatus
Harbir Banga Country flag representing In Additional Director 28-Dec-2023Current
Amitbir Banga Country flag representing In Director 16-Jan-2023Current

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%.

Grand Prix Engineering revenue growth over time
Grand Prix Engineering 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
27.21%
Revenue from Operations
27.28%
Total Assets
0.48%
Profit or Loss
379.21%
Net Worth
1.96%
EBITDA
66.75%

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.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹70.00 Cr

Satisfied Charges

₹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

DateLenderAmountStatus
04 Mar 2024Yes Bank Limited₹25.00 CrOpen
28 Nov 2019Citi Bank N.A.₹15.00 CrOpen
10 Jul 2019Others₹30.00 CrOpen
26 May 2017Others₹30.00 CrSatisfied
31 Mar 1999State Bank Of India₹1.50 MSatisfied

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.

Employee growth trends for Grand Prix Engineering Private Limited

Deals i

Graph showing company valuation over time

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

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 Grand Prix Engineering

Recent activity within the organization

  • Charges

    A charge with Yes Bank Limited amounted to Rs. 25.00 Cr with Charge ID 100882548 was registered on 04 Mar 2024.

  • Charges

    A charge with Others of Rs. 30.00 Cr registered on 10 Jul 2019 with Charge ID 100275886 was modified on 08 Feb 2024.

  • Director Appointment

    Harbir Singh Banga was appointed as a Additional Director was appointed as a Additional Director on 28 Dec 2023 & has been associated with this company since 1 year 4 months .

  • Annual General Meeting

    Grand Prix Engineering Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

  • Balance Sheet

    Grand Prix Engineering Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Delhi.

  • Director Appointment

    Amitbir Singh Banga was appointed as a Director was appointed as a Director on 16 Jan 2023 & has been associated with this company since 2 years 4 months .

Frequently asked questions

  • What is the Incorporation or founding date of Grand Prix Engineering Private Limited?

    Grand Prix Engineering Private Limited was incorporated on 03 Apr 1989.

  • What is authorized share capital and paid-up capital of Grand Prix Engineering Private Limited?

    The authorized share capital of Grand Prix Engineering Private Limited is ₹ 2.00 Cr and paid-up capital is ₹ 1.16 Cr.

  • Who are the current board members & directors of Grand Prix Engineering Private Limited?

    Currently 2 directors are associated with Grand Prix Engineering Private Limited.

    • Harbir Singh Banga
    • Amitbir Singh Banga

  • What is the registered address of Grand Prix Engineering Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Grand Prix Engineering Private Limited is C-51 First Floor, Block C India, New Delhi, 110049.

  • What is the corporate identification number (CIN) and company number of Grand Prix Engineering Private Limited?

    The corporate identification number (CIN) of Grand Prix Engineering Private Limited is U27310DL1989PTC220107 and the company number is 220107 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Grand Prix Engineering Private Limited?

    The Official website of Grand Prix Engineering Private Limited is https://www.grandprixfilters.com

  • What has been the recent revenue trend for Grand Prix Engineering Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Grand Prix Engineering Private Limited has risen by 27.21%.

  • How many employees does Grand Prix Engineering Private Limited currently have?

    As Per 2023 financial reports, 344 employees are currently employed by Grand Prix Engineering Private Limited.

  • What change has been observed in the net worth of Grand Prix Engineering Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Grand Prix Engineering Private Limited has experienced an upsurge of 1.96%.

  • What are the total open charges for Grand Prix Engineering Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Grand Prix Engineering Private Limited amount to ₹ 70.00 Cr.

  • When was the last Balance Sheet of Grand Prix Engineering Private Limited filed with the ROC?

    The most recent Balance Sheet for Grand Prix Engineering Private Limited was filed with the ROC on 31 Mar 2023.

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